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Fitness App Market Size is Estimated to be Valued $10.9 Billion By 2026: Grand View Research, Inc.

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Fitness App Market Size is Estimated to be Valued $10.9 Billion By 2026: Grand View Research, Inc.

September 10
10:16 2019
Fitness App Market Size is Estimated to be Valued $10.9 Billion By 2026: Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting
According to report published by Grand View Research, The global fitness app market size was valued at USD 2.4 billion in 2018 and is expected to grow at a CAGR of 21.1% during the forecast period.

The global Fitness App Market size is expected to reach USD 10.9 billion by 2026, according to a new report by Grand View Research, Inc., growing at a CAGR of 21.1%. The growth of this market can be attributed to the increasing number of people seeking a health-conscious lifestyle. Innovative health apps help people stay fit and healthy.

Such apps are perfect for athletics due to wide applications of wearable devices. Athletes often rely on data from these apps and wearable devices. In addition, with increasing awareness about healthy lifestyle, rising number of people are adopting wearable devices.

Players in the market are increasingly focusing on strategies such as partnerships and acquisitions. In November 2013, Under Armour, Inc., a manufacturer of footwear and sports apparel, acquired MapMyFitness, which operates a range of fitness-oriented websites and related mobile applications, for USD 150 million. The apps provided by MapMyFitness are used to track user activities, ranging from gym workout to daily at-home exercises.

fitness app market size

Request a Sample Copy of the Global Fitness App Market Research Report @ https://www.grandviewresearch.com/industry-analysis/fitness-app-market/request/rs1

Further key findings from the study suggest:

  • Among all app types, the exercise & weight loss segment held the largest share in 2018
  • The activity tracking segment is expected to grow at the highest rate from 2019 to 2026
  • Among all platforms, iOS accounted for the largest share in 2018; however, the fitness app market for Android is likely to grow at the highest rate during the forecast period
  • Among all devices, smartphones held the largest share in 2018 as mobile network operators consider mobile health to be an opportunity for investment due to increased adoption of smartphones and rising awareness about health & nutrition
  • Among all regions, North America held the largest share in 2018 owing to technological advancements and presence of major players in the region
  • Asia Pacific is likely to grow at the highest rate during the forecast period
  • Adidas; Appster; Fitbit, Inc.; FitnessKeeper; Azumio, Inc.; MyFitnessPal Inc.; Nike; Noom; Under Armour, Inc.; Applico; Aaptiv; and Appinventiv are some of the key players.

 fitness app market analysis

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Grand View Research has segmented the global fitness app market on the basis of type, platform, devices, and region:

Fitness App Type Outlook (Revenue, USD Million, 2015 – 2026)

  • Exercise & Weight Loss
  • Diet & Nutrition
  • Activity Tracking

Fitness App Platform Outlook (Revenue, USD Million, 2015 – 2026)

  • Android
  • iOS
  • Others

Fitness App Device Outlook (Revenue, USD Million, 2015 – 2026)

  • Smartphones
  • Tablets
  • Wearable Devices

Fitness App Regional Outlook (Revenue, USD Million, 2015 – 2026)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa

Browse Related Reports @

mHealth Apps Market – https://www.grandviewresearch.com/industry-analysis/mhealth-app-market

Track And Trace Solutions Market – https://www.grandviewresearch.com/industry-analysis/track-trace-solutions-market

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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Website: www.grandviewresearch.com/industry-analysis/fitness-app-market