Fitness App Market Highlights:
Global Fitness App Market spans across North America, Europe, Asia-Pacific, and the rest of the world. North America is dominating the global fitness app market owing to the growing demand for wearable devices such as smart bands, smartwatches, and smart rings, the increasing awareness regarding the health conciseness, and the rising penetration of smartphones. For the purpose of analysis, the market in North America has been segmented into the US, Canada, and Mexico. During the forecast period, the US is expected to be the leading country-level market, registering a CAGR of 27.56%, followed by Canada and Mexico.
The growth in the US is attributed to the presence of key players providing Fitness App Market such as Fitbit (acquired by Google) and the increasing adoption of smartphone devices for activity tracking. The US is one of the largest smartphone markets in the world, having the highest percentage of smartphone penetration rate in 2017, which resulted in the growth of the fitness app market in the country. Canada has the second-largest market share and is the fastest growing country with a CAGR of 30.6% in the North American fitness app market during the forecast period. The wearables market in Canada has been increasing steadily due to the growing adoption of devices among people with fitness and health concerns. This has led to the rising adoption of fitness apps in the Canadian market during the forecast period.
Global Fitness App Market is expected to reach USD 298.30 Billion by 2026 and register a CAGR of over 31.25% during the forecast period, 2019–2026.
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Prominent Players:
Some of the Prominent Players operating in the Global Fitness App Market are Google LLC (US), Samsung Electronics Co., Ltd (South Korea), TomTom International BV (Netherlands), Lenovo Group Limited (China), Nike, Inc. (US), Adidas AG (Germany), Under Armour, Inc. (US), Wahoo Fitness (US), Azumio Inc. (US), Asics Corporation (Japan), and Grand Apps (US).
Global Fitness App Market Segmentation:
Global Fitness App Market has been classified based on Type, Platform, Device Type, and Region.
Regional Analysis:
Asia-Pacific is the fastest-growing region in the fitness app market. The growing consumer demand for a healthier lifestyle and the continuously growing interest in maintaining a balanced diet and the demand for improved healthcare across Asian countries has made the country the fastest growing. Additionally, the increased personal per capita disposable income is driving the fitness app market growth in the region. To facilitate analysis, the Asia-Pacific market has been further divided into China, Japan, India, Singapore, Australia, South Korea, and the rest of Asia-Pacific. China is dominating the fitness app market in the region.
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Table of Content
1 Executive Summary
1.1 Global Fitness App Market, By Type 18
1.2 Global Fitness App Market, By Application 19
1.3 Global Fitness App Market, By Device Type 20
1.4 Global Fitness App Market, By Region 21
2 Market Introduction
2.1 Definition 22
2.2 Scope of The Study 22
2.3 Research Objective 22
2.4 Market Structure 23
Continued….
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List of Tables
App Market, By Device Type, 2020–2027 (Usd Billion) 72
Table 53 India Fitness App Market, By Type, 2020–2027 (Usd Billion) 73
Table 54 India Fitness App Market, By Platform, 2020–2027 (Usd Billion) 73
Table 55 India Fitness App Market, By Device Type, 2020–2027 (Usd Billion) 74
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List of Figures
Figure 1 Market Synopsis 17
Figure 2 Global Fitness App Market Analysis, By Type, Market Share, 2019 (%) 18
Figure 3 Global Fitness App Market Analysis, By Application, Market Share, 2019 (%) 19
Figure 4 Global Fitness App Market Analysis, By Device Type, Market Share, 2019 (%) 20
Figure 5 Global Fitness App Market Analysis, By Region, Market Share, 2019 (%) 21
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