Fitness App Market Report 2023: Size, Share, Growth, Analysis and Forecast 2028

by Zayn Mathew Market Research Reports

According to the latest report by IMARC Group, titled “Fitness App Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2023-2028,” provide that the global fitness app market size reached US$ 1.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.5 Billion by 2028, exhibiting a growth rate (CAGR) of 26.9% during 2023-2028.

Fitness apps are mobile applications that are developed to assist with exercise, physical training, nutrition, diet, and other related fitness solutions. They can be downloaded from the internet onto a mobile device, such as tablets, internet-enabled wearables and smartphones. Fitness apps help to count calories and record statistics on workouts, walks, bike rides and runs. These platforms can be programmed to connect users to personal trainers, nutritionists, and nearby gyms.

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Market Trends:

The rising penetration of high-speed internet connectivity and the inflating sales of smartphones are among the major factors fueling the growth of the global fitness app market. This is further supported by the increasing adoption of wearable devices, such as smartwatches and fitness bands. Moreover, the emergence of sedentary lifestyles during the coronavirus disease (COVID-19) pandemic has led to a rise in health consciousness amongst the population, thereby contributing to increasing download rates across the globe. Additionally, various footwear brands, like Under Armour, Nike and Adidas, are tapping into the aforementioned trend by investing in the development of customized exercise regimes and health tracking systems. Furthermore, major players are integrating machine learning (ML) and artificial intelligence (AI) in fitness apps to offer personalized diet charts, health coaches, and fitness programs to consumers. On account of these factors, the market is expected to exhibit strong growth during 2023-2028.

Global Fitness App Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Competitive Landscape Key Player:

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Aaptiv Inc., Adidas AG, Appinventiv, Applico LLC, ASICS India Pvt. Ltd (ASICS Corporation), Azumio Inc., Fitbit Inc. (Alphabet Inc.), MyFitnessPal Inc., Nike Inc., Noom Inc. and Wahoo Fitness.

The report has segmented the market on the based on region, type, platform and device.

Breakup by Type:

Exercise and Weight Loss
Diet and Nutrition
Activity Tracking
Others

Breakup by Platform:

Android
IOS
Others

Breakup by Device:

Smartphones
Tablets
Wearable Devices

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

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