Fitness Apps: Global Market Size, Share & Growth Forecast

Report Code: IFT274A

Publish Date: May 2023

Publisher: BCC Publishing

Category: Information Technology

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Report Highlights

The global market for fitness apps is estimated to increase from $15.0 billion in 2022 to reach $34.3 billion by 2027, at a compound annual growth rate (CAGR) of 18.1% from 2022 through 2027.

Report Includes

  • 30 data tables and 27 additional tables
  • An overview of global markets for Fitness Apps
  • Analyses of global market trends with data from 2021, 2022, estimates for 2023 and projections of compound annual growth rates (CAGRs) through 2027
  • Estimation of the market size and highlights of the market potential by operating system, device, type, and region
  • Assessment of the current market size and forecast of market development in the coming five years, and insight into the value chain analysis, and factors driving and restraining the growth
  • Discussion on technological advances in AI and machine learning as driving forces for Fitness Apps industry
  • Information on recent mergers, acquisitions, collaborations, agreements, partnerships, product launches, and expansions in the global spatial genomics and transcriptomics market
  • Identification of the major stakeholders and analysis of the competitive landscape based on recent developments, financial performance, and segmental revenues
  • Company profiles of the leading global players, including Adidas, Peloton Interactive Inc., TELUS International Inc., WW International Inc., Nike Inc. and ASICS Corp.

Report Scope

In this report, the market has been segmented based on type, operating system, device, and geography. The report provides an overview of the global fitness app market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period of 2022 to 2027. Revenue forecasts for this period are segmented based on type, operating system, device, and geography. Market values have been estimated based on the total revenue of fitness application providers.

The report covers the market for fitness apps with regard to the user base across different regions. It also highlights major trends and challenges that affect the market and vendor landscape. The report explains the value chain and current trends in the global markets for fitness apps. The report concludes with detailed profiles of the major players in the market.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022-2027
Base year market size $12.8 billion
Market size forecast $34.3 billion
Growth rate CAGR of 18.1% for the forecast period of 2022-2027
Units considered $ Millions
Segments covered type, operating system, device, and region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World
Countries covered United States, Canada, France, Germany, Italy, United Kingdom, China, Japan, India, South America, Middle East and Africa
Key Market Drivers
  • Rising Awareness Regarding Health Care
  • Increasing Use of Smartphone Applications
  • Emerging Metaverse Fitness
Companies studied
ADIDASGOOGLE INC. (ALPHABET INC.)
ASICS CORP.AZUMIO INC.
IFIT HEALTH & FITNESSMYFITNESSPAL INC.
NIKE INC.NOOM INC.
PEAR SPORTSPELOTON INTERACTIVE INC.
POLAR ELECTROUNDER ARMOUR INC.
WILLOWTREE INC.WW INTERNATIONAL INC.
Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW

Frequently Asked Questions (FAQs)

The fitness app market is projected to grow from $12.8 billion in 2021 to $34.3 billion in 2027, at a compound annual growth rate (CAGR) of 18.1% during the forecast period.
The key factors driving the growth of fitness app market includes rising awareness regarding healthcare, increasing use of smartphone applications and emerging metaverse fitness.
The fitness app market is segmented on the basis of type, operating system, devices, and region.
Exercise & weight loss segment will dominate the market by the end of 2027.
North America holds the highest share in the market.
  • Adidas
  • Alphabet Inc.
  • ASICS Corp.
  • Azumio Inc.
  • MyFitnessPal, Inc.
  • NIKE, Inc.
  • Peloton Interactive, Inc.
  • Under Armour, Inc.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Let us assist you! Our analysts are ready to tailor this report to your specific need. REACH OUT TO US TODAY

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Fitness Apps: Global Market Size, Share & Growth Forecast83Free
Chapter- 1: Introduction8Free
Chapter- 2: Summary and Highlights2Free
Chapter- 3: Market Overview4Free
Chapter- 4: Market Dynamics3Free
Chapter- 5: Market Breakdown by Type4Free
Chapter- 6: Market Breakdown by Operating System4Free
Chapter- 7: Market Breakdown by Device4Free
Chapter- 8: Market Breakdown by Region22Free
Chapter- 9: Patent Analysis3Free
Chapter- 10: Competitive Landscape3Free
Chapter- 11: Company Profiles26Free

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Fitness Apps: Global Market Size, Share & Growth Forecast
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