The global fitness app market size is expected to reach USD 10.9 billion by
2026, according to a new report by Grand View Research, Inc., growing at a CAGR
of 21.1%. The growth of this market can be attributed to the increasing number
of people seeking a health-conscious lifestyle. Innovative health apps help
people stay fit and healthy.
Such apps are perfect for athletics due to
wide applications of wearable devices. Athletes often rely on data from these
apps and wearable devices. In addition, with increasing awareness about healthy
lifestyle, rising number of people are adopting wearable devices.
Players in the market are increasingly
focusing on strategies such as partnerships and acquisitions. In November 2013,
Under Armour, Inc., a manufacturer of footwear and sports apparel, acquired
MapMyFitness, which operates a range of fitness-oriented websites and related
mobile applications, for USD 150 million. The apps provided by MapMyFitness are
used to track user activities, ranging from gym workout to daily at-home
exercises.
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https://www.grandviewresearch.com/industry-analysis/fitness-app-market
Further key findings from the study suggest:
· Among all app types, the exercise &
weight loss segment held the largest share in 2018
· The activity tracking segment is expected
to grow at the highest rate from 2019 to 2026
· Among all platforms, iOS accounted for the
largest share in 2018; however, the fitness app market for Android is likely to
grow at the highest rate during the forecast period
· Among all devices, smartphones held the
largest share in 2018 as mobile network operators consider mobile health to be
an opportunity for investment due to increased adoption of smartphones and
rising awareness about health & nutrition
· Among all regions, North America held the
largest share in 2018 owing to technological advancements and presence of major
players in the region
· Asia Pacific is likely to grow at the
highest rate during the forecast period
· Adidas; Appster; Fitbit, Inc.;
FitnessKeeper; Azumio, Inc.; MyFitnessPal Inc.; Nike; Noom; Under Armour, Inc.;
Applico; Aaptiv; and Appinventiv are some of the key players.
Grand View Research has segmented the
global fitness app market on the basis of type, platform, devices, and region:
Fitness App Type Outlook (Revenue, USD
Million, 2015 - 2026)
·
Exercise & Weight Loss
·
Diet & Nutrition
·
Activity Tracking
Fitness App Platform Outlook (Revenue, USD
Million, 2015 - 2026)
·
Android
·
iOS
·
Others
Fitness App Device Outlook (Revenue, USD
Million, 2015 - 2026)
·
Smartphones
·
Tablets
·
Wearable Devices
Fitness App Regional Outlook (Revenue,
USD Million, 2015 - 2026)
·
North America
o
U.S.
o
Canada
·
Europe
o
U.K.
o
Germany
o
France
o
Italy
o
Spain
·
Asia Pacific
o
Japan
o
China
o
India
o
Australia
·
Latin America
o
Brazil
o
Mexico
·
Middle East & Africa
o
South Africa
Access Press Release of Fitness App Market@ https://www.grandviewresearch.com/press-release/global-fitness-app-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research
reports, customized research reports, and consulting services. To help
clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
