Fitness App Market New Study Reveals to Boost Growth | Leading Players- SAMSUNG

Posted by Sagar on November 10th, 2020

Fitness App Market data analyzed and evaluated in the world class Global Fitness App Market report makes to achieve the business goals and objectives in preset time frame. This market research report endows with productive ideas which in turn help to make the product more effective and striking in the competitive market. This report covers the specific study of the industry which explains what the market definition, classifications, applications, engagements, and global industry trends are. Few of the major competitors currently working in the global fitness app market are adidas International Trading B.V.; Motorola Mobility LLC; ASICS Corporation; Azumio; Fitbit, Inc.; Fooducate LTD.; Google Fit; The Bikini Body Training Company; Under Armour, Inc.; Nike, Inc.; Noom, Inc.; Polar Electro; TomTom International BV; Daily Workout Apps, LLC; Jefit, Inc.; SAMSUNG ELECTRONICS CO., LTD.; Sports Tracking Technologies; Sworkit by Nexercise, Inc.; inKin Social Fitness; Wahoo Fitness among others.

Global fitness app market is expected to rise to an estimated value of USD 12.98 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the rise in the levels of disposable income of individuals, along with the advancements of applicable devices being integrated with enhanced quality of sensors.

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 Fitness apps are the software platforms designed by the technological companies to provide their consumers with all of the relevant information required for the maintenance of their healthcare and enhancement of their lifestyles. These applications are available on various mobile-based app stores, giving motivations to their consumers, organizing an exercise regime, providing a diet and nutritional plan and keeping a track of all their fitness activities.

Market Drivers

Increasing focus of individuals to maintain a healthier lifestyle; this factor is expected to drive the growth of the market

Higher rate of adoption for digital/mobile health applications to maintain individual health is expected to propel the market growth

High rate of adoption for smart devices such as smartphones and smart watches for fitness-related activities is expected to fuel the growth of this market

Increasing rate of obese population globally during significant rise in the consumption of fast-food; this factor is also expected to boost the market growth

Market Restraints

Availability of cheap-alternative applications that provide similar functionality restricts the market growth

Concerns regarding the complicated navigational experience for consumers in the application and the app stores is expected to hinder the market growth

Table of Contents

Report Overview: It includes major players of the Global Fitness App Market covered in the research study, research scope, and Market segments by type, market segments by application, years considered for the research study, and objectives of the report.

Global Growth Trends: This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the Fitness App Market Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the Global Fitness App Market are discussed.

Market Share by Manufacturers: Here, the report provides details about revenue by manufacturers, production and capacity by manufacturers, price by manufacturers, expansion plans, mergers and acquisitions, and products, market entry dates, distribution, and market areas of key manufacturers.

Market Size by Type: This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed.

Market Size by Application: Besides an overview of the Global Fitness App Market by application, it gives a study on the consumption in the global market by application.

Production by Region: Here, the production value growth rate, production growth rate, import and export, and key players of each regional market are provided.

The Report Highlights

Historic and forecasted Fitness App market size in terms of revenues & unit sales, average selling price, growth rates, and company market shares.

Highlights and compares key application/product categories for growth trends and revenue forecast.

Fitness App Market size, revenue and unit sales according to each region

Cross category comparison – Growth and revenue comparison for product categories, historic and forecast through 2026.

Fitness App Market share of top key players

Current trends and recent Developments

Scope of the Fitness App Market Report

Fitness App Market (Actual Period: 2017-2018, Forecast Period: 2019-2026)

Fitness App Market – Size, Growth, Forecast

Analysis by Type:

Regional Analysis – Actual Period: 2017-2018, Forecast Period: 2019-2026

Fitness App Market – Size, Growth, Forecast

Fitness App Market Analysis by Type

Reasons to Purchase this Report

• Current and future of global fitness app market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players