NEW YORK , Nov. 1, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The global fitness app market size is estimated to grow by USD 55.86 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 17.78% during the forecast period. Empowering health management amid rising incidence of chronic diseases is driving market growth, with a trend towards innovative coaching platform approach with integrated video workout features.
However, failing in user engagement and retention poses a challenge.Key market players include Adidas AG, Alphabet Inc., Apple Inc.
, ASICS Corp., Azumio Inc., BetterMe Ltd.
, Diverse Retails Pvt. Ltd., Fiit Ltd.
, Fitness Connection, Fooducate Ltd., Garmin Ltd., Jefit Inc.
, MINDBODY Inc., Nike Inc., PEAR Sports LLC, Polar Electro Oy, Samsung Electronics Co.
Ltd., Squats Fitness Pvt. Ltd.
, Under Armour Inc., Wahoo Fitness LLC, WellDoc Inc., and YAZIO GmbH.
AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now The fitness app market is witnessing an emerging trend with the integration of innovative coaching platforms. These platforms offer integrated video workouts and video-on-demand (VOD) features, providing users with more interactive and personalized fitness experiences.
Major companies are responding to this shift by developing advanced coaching platforms to gain a competitive edge. An online .