November 11, 2024

Fitness App Market Impressive Gains by 2022-2030

The global fitness app market size was valued at USD 1.3 billion in 2020, and is predicted to be worth around USD 4.9 billion by 2030, registering a CAGR of 17.8% during the forecast period 2022 to 2030.

Fitness App

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Fitness App Market Growth Factors

Fitness is one of the key segments in the IT industry, which is exhibiting immense growth for the past 10 years in the U.S. This can be attributed to a range of factors, including people spending more time online, increasing awareness regarding the benefits of wearable devices, and the growing spending power of middle-income households.

An increase in the usage of smartphones by people of all income groups is also contributing to a rise in the adoption of fitness apps. This has been indicated by a change in the market share trend since 2013, wherein the Asia market outperformed the North American fitness apps market. This is majorly owing to a difference in the target population, wherein adoption was reported to be high in countries, such as China and India.

Another major factor aiding the market growth is the increasing penetration of smartphones worldwide. As per the Mobile Economy Survey 2018, smartphone penetration is projected to increase from 57.0% in 2017 to 77.0% by 2025. In addition, as per the Mobile Economy 2018 survey, unique mobile subscribers are anticipated to reach 5.9 billion by 2025. Moreover, the growing adoption of wearable devices including Fitbit and Apple Watch will further aid the market growth.

Fitness App Market Report Coverage
Report Scope Details
Market Size US$ 4.9 billion by 2030
Growth Rate CAGR of 17.8% From 2022 to 2030
Largest Market North America
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Type, Platform, DeviceType
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Adidas; Appster; Fitbit, Inc.; FitnessKeeper; Azumio, Inc.; MyFitnessPal Inc.; Nike; Noom; Under Armour, Inc.; Applico; Aaptiv; Appinventiv
By Type Analysis

The exercise and weight loss segment held the largest revenue share of over 50.0% in 2021. Exercise and weight loss apps encourage users to exercise often with the help of scheduled notifications. These workout apps are usually equipped with audio cues, video demos, and fitness tracking tools, which can help in maintaining an exercise routine.

The activity tracking segment is anticipated to register a significant CAGR over the forecast period. The fitness activity monitoring market is led by key brands, including Jawbone, Fitbit, and Nike. These activity monitoring apps are followed by LG, Pebble, Samsung, and other companies that integrated activity tracking features in their wearable devices. As per a new IDC report, the demand for smartwatches is anticipated to surpass consumer interest in fitness trackers.

By Platform Analysis

The iOS segment accounted for the largest revenue share of over 50.0% in 2021. High adoption of iOS devices has been fueling the segment growth over the past few years. The fitness apps designed for iOS devices are capable of providing fitness coaching, activity tracking, streaming workout classes, and inspiration & motivational videos for workouts, guided meditations, stretching, and others.

The Android segment is expected to grow at the fastest rate of 18.6% over the forecast period. Tracking health and fitness through Android smartphones have become popular in the past years.

By Device Analysis

Smartphones accounted for the largest revenue share of over 65.0% in 2021. An increase in the penetration of smartphones globally is a key factor contributing to the segment growth. Accessing fitness platforms through smartphones allows them to save personal training fees and expensive fitness clubs/gyms training, thereby supporting the segment growth.

The wearable devices segment is expected to grow at a significant rate over the forecast period. According to Pew Research Center, as of June 2019, around 21% of individuals in the U.S. use a wearable device.

By Regional Analysis

North America accounted for the largest revenue share of over 35.0%. Various factors such as rapid growth in the usage of smartphones, growth in coverage networks, a rise in the prevalence of chronic diseases, increase in geriatric population, and the ongoing COVID-19 pandemic are driving the adoption of fitness apps in North America.

Asia Pacific is anticipated to be the most lucrative regional market during the forecast period owing to the increasing penetration of smartphones and smart wearables and growing adoption of mHealth services.

Read also @ EClinical Solutions Market Growth at a CAGR of 12.6% from 2021 to 2030

Major Key Players Covered in The Fitness App Market Report include
  • Adidas
  • Appster
  • FitnessKeeper
  • Fitbit, Inc.
  • Azumio, Inc.
  • MyFitnessPal Inc.
  • Noom
  • Nike
  • Under Armour, Inc.
  • WillowTree, Inc.
  • Polar Electro
  • Kayla Itsines
  • Google
  • Fooducate
  • ASICS America Corporation
Fitness App Market Segmentation
  • By Type
    • Exercise & Weight Loss
    • Diet & Nutrition
    • Activity Tracking
  • By Platform
    • Android
    • iOS
    • Others
  • By Device
    • Smartphones
    • Tablets
    • Wearable Devices
  • Regional
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Italy
      • Spain
    • Asia Pacific
      • Japan
      • China
      • India
      • Australia
    • Latin America
      • Mexico
      • Brazil
    • Middle East & Africa
      • South Africa

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Fitness App Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Fitness App Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Fitness App Market, By Type

7.1.  Fitness App Market, by Type, 2021-2030

7.1.1.    Type 1

7.1.1.1.        Market Revenue and Forecast (2019-2030)

7.1.2.    Type 2

7.1.2.1.        Market Revenue and Forecast (2019-2030)

7.1.3.    Type 3

7.1.3.1.        Market Revenue and Forecast (2019-2030)

7.1.4.    Type 4

7.1.4.1.        Market Revenue and Forecast (2019-2030)

Chapter 8.  Global Fitness App Market, By Platform

8.1.  Fitness App Market, by Platform, 2021-2030

8.1.1.    Platform 1

8.1.1.1.        Market Revenue and Forecast (2019-2030)

8.1.2.    Platform 2

8.1.2.1.        Market Revenue and Forecast (2019-2030)

8.1.3.    Platform 3

8.1.3.1.        Market Revenue and Forecast (2019-2030)

8.1.4.    Platform 4

8.1.4.1.        Market Revenue and Forecast (2019-2030)

Chapter 9.  Global Fitness App Market, By Device

9.1.  Fitness App Market, by Device, 2021-2030

9.1.1.    Device 1

9.1.1.1.        Market Revenue and Forecast (2019-2030)

9.1.2.    Device 2

9.1.2.1.        Market Revenue and Forecast (2019-2030)

9.1.3.    Device 3

9.1.3.1.        Market Revenue and Forecast (2019-2030)

9.1.4.    Device 4

9.1.4.1.        Market Revenue and Forecast (2019-2030)

Chapter 10.      Global Fitness App Market, Regional Estimates and Trend Forecast

10.1.        North America

10.1.1.  Market Revenue and Forecast, by Type (2019-2030)

10.1.2.  Market Revenue and Forecast, by Platform (2019-2030)

10.1.3.  Market Revenue and Forecast, by Device (2019-2030)

10.1.4.  U.S.

10.1.4.1.      Market Revenue and Forecast, by Type (2019-2030)

10.1.4.2.      Market Revenue and Forecast, by Platform (2019-2030)

10.1.4.3.      Market Revenue and Forecast, by Device (2019-2030)

10.1.5.  Rest of North America

10.1.5.1.      Market Revenue and Forecast, by Type (2019-2030)

10.1.5.2.      Market Revenue and Forecast, by Platform (2019-2030)

10.1.5.3.      Market Revenue and Forecast, by Device (2019-2030)

10.2.        Europe

10.2.1.  Market Revenue and Forecast, by Type (2019-2030)

10.2.2.  Market Revenue and Forecast, by Platform (2019-2030)

10.2.3.  Market Revenue and Forecast, by Device (2019-2030)

10.2.4.  UK

10.2.4.1.      Market Revenue and Forecast, by Type (2019-2030)

10.2.4.2.      Market Revenue and Forecast, by Platform (2019-2030)

10.2.4.3.      Market Revenue and Forecast, by Device (2019-2030)

10.2.5.  Germany

10.2.5.1.      Market Revenue and Forecast, by Type (2019-2030)

10.2.5.2.      Market Revenue and Forecast, by Platform (2019-2030)

10.2.5.3.      Market Revenue and Forecast, by Device (2019-2030)

10.2.6.  France

10.2.6.1.      Market Revenue and Forecast, by Type (2019-2030)

10.2.6.2.      Market Revenue and Forecast, by Platform (2019-2030)

10.2.6.3.      Market Revenue and Forecast, by Device (2019-2030)

10.2.7.  Rest of Europe

10.2.7.1.      Market Revenue and Forecast, by Type (2019-2030)

10.2.7.2.      Market Revenue and Forecast, by Platform (2019-2030)

10.2.7.3.      Market Revenue and Forecast, by Device (2019-2030)

10.3.        APAC

10.3.1.  Market Revenue and Forecast, by Type (2019-2030)

10.3.2.  Market Revenue and Forecast, by Platform (2019-2030)

10.3.3.  Market Revenue and Forecast, by Device (2019-2030)

10.3.4.  India

10.3.4.1.      Market Revenue and Forecast, by Type (2019-2030)

10.3.4.2.      Market Revenue and Forecast, by Platform (2019-2030)

10.3.4.3.      Market Revenue and Forecast, by Device (2019-2030)

10.3.5.  China

10.3.5.1.      Market Revenue and Forecast, by Type (2019-2030)

10.3.5.2.      Market Revenue and Forecast, by Platform (2019-2030)

10.3.5.3.      Market Revenue and Forecast, by Device (2019-2030)

10.3.6.  Japan

10.3.6.1.      Market Revenue and Forecast, by Type (2019-2030)

10.3.6.2.      Market Revenue and Forecast, by Platform (2019-2030)

10.3.6.3.      Market Revenue and Forecast, by Device (2019-2030)

10.3.7.  Rest of APAC

10.3.7.1.      Market Revenue and Forecast, by Type (2019-2030)

10.3.7.2.      Market Revenue and Forecast, by Platform (2019-2030)

10.3.7.3.      Market Revenue and Forecast, by Device (2019-2030)

10.4.        MEA

10.4.1.  Market Revenue and Forecast, by Type (2019-2030)

10.4.2.  Market Revenue and Forecast, by Platform (2019-2030)

10.4.3.  Market Revenue and Forecast, by Device (2019-2030)

10.4.4.  GCC

10.4.4.1.      Market Revenue and Forecast, by Type (2019-2030)

10.4.4.2.      Market Revenue and Forecast, by Platform (2019-2030)

10.4.4.3.      Market Revenue and Forecast, by Device (2019-2030)

10.4.5.  North Africa

10.4.5.1.      Market Revenue and Forecast, by Type (2019-2030)

10.4.5.2.      Market Revenue and Forecast, by Platform (2019-2030)

10.4.5.3.      Market Revenue and Forecast, by Device (2019-2030)

10.4.6.  South Africa

10.4.6.1.      Market Revenue and Forecast, by Type (2019-2030)

10.4.6.2.      Market Revenue and Forecast, by Platform (2019-2030)

10.4.6.3.      Market Revenue and Forecast, by Device (2019-2030)

10.4.7.  Rest of MEA

10.4.7.1.      Market Revenue and Forecast, by Type (2019-2030)

10.4.7.2.      Market Revenue and Forecast, by Platform (2019-2030)

10.4.7.3.      Market Revenue and Forecast, by Device (2019-2030)

10.5.        Latin America

10.5.1.  Market Revenue and Forecast, by Type (2019-2030)

10.5.2.  Market Revenue and Forecast, by Platform (2019-2030)

10.5.3.  Market Revenue and Forecast, by Device (2019-2030)

10.5.4.  Brazil

10.5.4.1.      Market Revenue and Forecast, by Type (2019-2030)

10.5.4.2.      Market Revenue and Forecast, by Platform (2019-2030)

10.5.4.3.      Market Revenue and Forecast, by Device (2019-2030)

10.5.5.  Rest of LATAM

10.5.5.1.      Market Revenue and Forecast, by Type (2019-2030)

10.5.5.2.      Market Revenue and Forecast, by Platform (2019-2030)

10.5.5.3.      Market Revenue and Forecast, by Device (2019-2030)

Chapter 11.  Company Profiles

11.1.              Company 1

11.1.1.  Company Overview

11.1.2.  Product Offerings

11.1.3.  Financial Performance

11.1.4.  Recent Initiatives

11.2.              Company 2

11.2.1.  Company Overview

11.2.2.  Product Offerings

11.2.3.  Financial Performance

11.2.4.  Recent Initiatives

11.3.              Company 3

11.3.1.  Company Overview

11.3.2.  Product Offerings

11.3.3.  Financial Performance

11.3.4.  Recent Initiatives

11.4.              Company 4

11.4.1.  Company Overview

11.4.2.  Product Offerings

11.4.3.  Financial Performance

11.4.4.  Recent Initiatives

11.5.              Company 5

11.5.1.  Company Overview

11.5.2.  Product Offerings

11.5.3.  Financial Performance

11.5.4.  Recent Initiatives

11.6.              Company 6

11.6.1.  Company Overview

11.6.2.  Product Offerings

11.6.3.  Financial Performance

11.6.4.  Recent Initiatives

11.7.              Company 7

11.7.1.  Company Overview

11.7.2.  Product Offerings

11.7.3.  Financial Performance

11.7.4.  Recent Initiatives

11.8.              Company 8

11.8.1.  Company Overview

11.8.2.  Product Offerings

11.8.3.  Financial Performance

11.8.4.  Recent Initiatives

11.9.              Company 9

11.9.1.  Company Overview

11.9.2.  Product Offerings

11.9.3.  Financial Performance

11.9.4.  Recent Initiatives

11.10.           Company 10

11.10.1.               Company Overview

11.10.2.               Product Offerings

11.10.3.               Financial Performance

11.10.4.               Recent Initiatives

Chapter 12.  Research Methodology

12.1.              Primary Research

12.2.              Secondary Research

12.3.              Assumptions

Chapter 13.  Appendix

13.1.              About Us

13.2.              Glossary of Terms

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