Global Fitness App Market Size
The growth of this market can be attributed to factors such as presence of large pharma organizations along with key players from multiple industries and increasing demand for continuous health assessment.
Global fitness app market size. Global fitness app market is valued approximately usd 2 27 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 29 0 over the forecast period 2019 2026. 2 2019 prnewswire 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. In terms of fitness market growth this is an increase of 9 million members since 2018 which demonstrates a strong performance. In 2019 the fitness and activity tracking segment dominated the market in terms of revenue.
Global fitness app market size is forecast to grow by usd 1 68 billion during 2020 2024 at a cagr of almost 12 with lifestyle monitoring segment having the largest market share. Market snapshot global fitness app market is expected to register at a cagr of 31 25 during the forecast period 2019 2026 a fitness app is a software application that can be downloaded on any mobile device such as a smartphone or a tablet. Sports and fitness technologies are based on the use of data to improve and manage the overall athletic. The global fitness app market size was valued at usd 2 4 billion in 2018 and is expected to grow at a cagr of 21 1 during the forecast period.
The global health club market is worth approximately 94 billion with 210 000 clubs and over 183 million members worldwide. Proliferation of fitness apps will also fuel fitness app industry growth. Fitness app market analysis indicates growth will be driven by adoption of wearable devices. North america is expected to be the leading contributor to the global fitness app industry during the forecast period.