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Fitness App Market Share

Report ID: GMI10372
Published Date: Jul 2024
Report Format: PDF

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Fitness App Market Share

In the fiercely competitive market, global giants and smaller firms vie for dominance. Innovation is paramount, as companies roll out new apps, harnessing the latest technologies. Leading players spearhead innovation, backing it with significant R&D investments. Additionally, they rely on strategic partnerships, acquisitions, and mergers to cement their market presence and extend their global reach. This dynamic landscape fuels swift evolution and improvement in fitness apps, meeting the varied demands of consumers worldwide.

Fitness App Market Companies

Some of the eminent market participants operating in the fitness app industry include:

ASICS Corporation
Azumio Inc.
Fitbit, Inc.
Freeletics GmbH
Maple Media LLC
MyFitnessPal, Inc.
Nike, Inc.
Noom, Inc.
Pear Health Labs, Inc.
Peloton Interactive, Inc.
Polar Electro
adidas AG
Strava, Inc.
Sweat
Under Armour, Inc.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The fitness app industry was valued at approximately USD 16.1 billion in 2023 and is projected to record a CAGR of 17.9% from 2024 to 2032, the increasing prevalence of chronic health conditions, and growing awareness of the benefits of proactive health management.

The smartphones segment accounted for USD 9.8 billion in 2023 and will continue to drive market growth through 2032, due to the widespread adoption and universal nature of smartphones, alongside their convenience and portability allowing users to access fitness apps anytime and anywhere.

By 2032, the U.S. fitness app industry is set to hit a valuation of USD 29.8 billion, with chronic disorders like obesity, diabetes, and cardiovascular diseases on the rise. The fitness apps, by encouraging physical activity, tracking health metrics, and providing educational content on healthy living, inspire proactive health management and overall wellness.

Fitbit, Inc., Freeletics GmbH, Maple Media LLC, MyFitnessPal, Inc., Nike, Inc., Noom, Inc., Pear Health Labs, Inc., Peloton Interactive, Inc., Polar Electro, and adidas AG among others.