Fitness Application Market to Reach $10.84 Billion by 2034, Driven by Rising Health Consciousness & Digital Wellness Trends

As per Fact.MR’s latest research report, the global fitness application market size is estimated to reach US$ 1.97 billion in 2024. Worldwide demand for fitness applications is forecasted to rise at a CAGR of 18.6% and climb to a market value of US$ 10.84 billion by the end of 2034. More people seeking accessible and flexible solutions to match their goals of a healthy lifestyle is contributing to the increased preference for fitness applications.

Rising popularity of fitness apps as an effective alternative solution to conventional fitness centers and gyms is generating remunerative opportunities for market players going forward. Increasing cases of lifestyle-related diseases and chronic health conditions are stimulating more individuals to turn to fitness applications as proactive tools for preventing and managing these issues.

Increasing use of fitness applications for catering to the requirements of end users for personal fitness tracking, corporate wellness programs, nutrition planning, and guided workouts are driving their demand. North America is the leading regional market for fitness apps, with East Asia not far behind.

Key Takeaway from Market Study:

• ·The global fitness application market is analyzed to expand at a CAGR of 18.6% from 2024 to 2034.
• ·Android mobile-based fitness apps are forecasted to capture a 66% share of the market by 2034.
• Worldwide demand for smartphone-based fitness applications is evaluated to increase at a CAGR of 17.5% and reach a market value of US$ 8.13 billion by the end of 2034.
• Demand for fitness apps in South Korea is projected to increase at a CAGR of 20.3% from 2024 to 2034.
• North America is forecasted to occupy a market share of 31.5% by 2034.
• The market in Japan is projected to expand at 20% CAGR from 2024 to 2034.

“App developers should focus on launching personalized fitness applications that are compatible with several devices and are more secure. This will help boost their profit margins and market stance,”says a Fact.MR analyst.

Android Devices Rule Fitness Application Space

Global demand for Android mobile-based fitness apps is evaluated to increase at a CAGR of 17.7% and reach a value of US$ 7.16 billion by the end of 2034. The growing use of Android phones for fitness and health tracking is contributing to their popularity than ever before.

It is easy to download fitness apps on Android devices with several functions, such as setting fitness goals and tracking calorie intake. An increasing number of Android users is resulting in a positive impact on the demand for fitness apps. MyFitnessPal, Google Fit, Leap Fitness, Runstastics, Sworkit, and Google Fit are some of the most popular fitness applications downloaded by end users.

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More Valuable Insightson Offer:

Fact.MR, in its new offering, presents an unbiased analysis of the fitness application market, presenting historical demand data (2019 to 2023) and forecast statistics for the period (2024 to 2034).

The study divulges essential insights into the market based on type (exercise & weight loss, diet & nutrition, fitness trackers/workout), platform (Android, iOS, others), and device type (smartphones, tablets, wearable devices), across seven major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and MEA).

Key Companies Profiled:

Fitbit Inc.; Aaptiv; Under Armour, Inc.; Adidas; Noom; Appinventiv; Nike; Applico; MyFitnessPal Inc.; Appster; FitnessKeeper; Azumio, Inc.

Fitness Application Industry News:

Headspace Health is a provider of digital mental health solutions. In November 2022, the company introduced a unique product integrating Ginger’s top-tier coaching, mindfulness, and meditation offerings of Headspace, and psychiatry services.

Flo Health, in June 2022, came up with Flo for Businesses for use in more than 175 countries and 20 languages. It aims to educate women about monitoring their ovulation, reproductive health, and periods.

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