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Move To Earn Fitness Apps Market Trends

Report ID: GMI11197
Published Date: Sep 2024
Report Format: PDF

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Move To Earn Fitness Apps Market Trends

Technological advancements, shifting consumer preferences, and overarching health and wellness trends are rapidly reshaping the market.

Many move-to-earn fitness apps are now using blockchain technology, allowing users to earn cryptocurrency or non-fungible tokens as rewards for physical activity. This trend has attracted both fitness enthusiasts and cryptocurrency investors, creating a unique value proposition that combines health incentives with financial rewards.
Moreover, move-to-earn fitness apps are expanding their range of activities to include cycling, dancing, yoga, and even household chores. This broadening of options has made these apps more accessible to people with different fitness levels and preferences.
Vendors offering move-to-earn fitness apps are partnering with gyms, fitness clubs, and fitness equipment manufacturers to provide discounts, exclusive content, or access to real-world fitness experiences. This strategy has helped vendors attract a higher number of subscribers to their apps.
Furthermore, numerous move-to-earn fitness apps are integrating data analytics and artificial intelligence to offer personalized fitness recommendations and rewards based on individual user behavior and preferences. This approach increases user satisfaction and engagement by tailoring the experience to meet individual needs, making the app more relevant and effective for users.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Move to earn fitness apps industry size was valued at around USD 540.8 million in 2023 and is estimated to grow at 18.5% CAGR from 2024 to 2032, due to growing awareness of health and fitness activities, and increasing integration into corporate wellness programs.

The iOS segment is predicted to reach USD 1.3 billion by 2032, as iOS users generally have higher income levels and are more likely to spend money on apps, in-app purchases, and premium features compared to Android users.

The U.S. move to earn fitness apps market is projected to reach USD 859.5 million by 2032, due to a well-established mobile infrastructure with widespread access to high-speed internet and advanced smartphones.

DOTMOOVS, Evidation Health, Inc., Fitmint, Gala MIX Inc., Genopets, HealthyWage LLC, higi SH LLC, and Step App among others.