Mobile apps

Fitness App Market size to grow by USD 3.50 billion, 42% of Market Growth to Originate from APAC – Technavio – PR Newswire

Summary

According to the report “Fitness App Market by Gender, Application, and Geography – Forecast and Analysis 2021-2025,” the market witnessed a YOY growth of 12.91% in 2021 and will accelerate at a CAGR of 15.34% during the forecast period. The report is segmented by gender (female and male), application (lifestyle monitoring, health monitoring, and others), and geography (APAC, North America, Europe, MEA, and South America).

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Based mostly on the report “Health App Market by Gender, Software, and Geography – Forecast and Evaluation 2021-2025,” the market witnessed a YOY progress of 12.91% in 2021 And might velocity up at a CAGR of 15.34% By way of the forecast interval. The report is segmalested by gender (feminine and male), application (way of life monitoring, well being monitoring, and others), and geography (APAC, North America, Europe, MEA, and South America).

Get a full report abstract describing the market measuremalest and forecast Collectively with analysis methodology. Study our Pattern Report

Vendor Insights 

The fitness app market is fragmalested, and the distributors are deploying numerous pure and inpure progress strategies to compete On the market. The report analyzes the market’s aggressive panorama and provides information on a quantity of market distributors, together with:

  • adidas AG
  • Alphabet Inc.
  • ASICS Digital Inc.
  • Azumio
  • BetterMe
  • Fiit Ltd.
  • Jefit Inc.
  • Nike Inc.
  • Samsung Electronics Co. Ltd.
  • Beneath Armour Inc.

This report currents a full itemizing of key distributors, their strategies, and The latest developmalests. Request a PDF Pattern Now

Geographical Market Evaluation 

APAC will current most progress alternatives Inside the fitness app market By way of the forecast interval. Based mostly on our analysis, the area will contribute 42% of The worldwide market progress By way of the forecast interval. China and India are The two primary markets for fitness apps in APAC. The market progress Inside the area is attributed to elemalests Similar to a Outcome of the numerous progress of the telecommunication enterprise.  

Income-producing Gender Half Evaluation

The feminine segmalest will contribute The very biggest market share progress By way of the forecast interval. This progress Shall be pushed by elemalests such as the rising adoption of fitness trackers by womales. Womales Usually Are likely to acquire well being and fitness-associated apps than males. Therefore, distributors are Specializing in offering fitness apps That are relevant For womales. For event, Adidas provides the All Day fitness app particularly For womales.

Study Regarding the contribution Of every segmalest summarized in concise informationgraphics and thorough descriptions. View a PDF Pattern Report

Key Market Drivers & Challenges: 

The growing use of mobile apps will gasoline The enlargemalest of the fitness app market. The growing use of smartphones and the rising peinternetration of The internet have gasolineed the adoption of mobile apps. People use sports activities and fitness apps To take care of a healthful way of life by monitoring parameters …….

Source: https://www.prnewswire.com/news-releases/fitness-app-market-size-to-grow-by-usd-3-50-billion-42-of-market-growth-to-originate-from-apac—technavio-301590133.html