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Global Fitness App Market 2020-2024 | Increasing Demand for Wearable Devices to Boost Growth | Technavio

LONDON--(BUSINESS WIRE)--Jun 2, 2020--

Technavio has been monitoring the global fitness app market and it is poised to grow by USD 1.68 billion during 2020-2024, progressing at a CAGR of almost 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200602005754/en/

Technavio has announced its latest market research report titled Global Fitness App Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. adidas AG, ASICS Digital Inc., Azumio Inc., BetterME., FitNow Inc., Google LLC, Nike Inc., Samsung Electronics Co. Ltd., Under Armour Inc., and YAZIO GmbH are some of the major market participants. The increasing demand for wearable devices will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The increasing demand for wearable devices has been instrumental in driving the growth of the market.

Fitness App Market 2020-2024 : Segmentation

Fitness App Market is segmented as below:

■ Product

■ Female

■ Male

■ Application

■ Lifestyle Monitoring

■ Health Monitoring

■ Others

■ Geographic Landscape

■ APAC

■ North America

■ Europe

■ South America

■ MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40200

Fitness App Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our fitness app market report covers the following areas:

■ Fitness App Market size

■ Fitness App Market trends

■ Fitness App Market industry analysis

This study identifies the increasing number of M&A as one of the prime reasons driving the fitness app market growth during the next few years.

Fitness App Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Fitness App Market, including some of the vendors such as adidas AG, ASICS Digital Inc., Azumio Inc., BetterME., FitNow Inc., Google LLC, Nike Inc., Samsung Electronics Co. Ltd., Under Armour Inc., and YAZIO GmbH. Backed with competitive intelligence and benchmarking, our research reports on the Fitness App Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Fitness App Market 2020-2024 : Key Highlights

■ CAGR of the market during the forecast period 2020-2024

■ Detailed information on factors that will assist fitness app market growth during the next five years

■ Estimation of the fitness app market size and its contribution to the parent market

■ Predictions on upcoming trends and changes in consumer behavior

■ The growth of the fitness app market

■ Analysis of the market’s competitive landscape and detailed information on vendors

■ Comprehensive details of factors that will challenge the growth of fitness app market vendors

Table Of Contents :

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

■ 2.1 Preface

■ 2.2 Preface

■ 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

■ Market ecosystem

■ Market characteristics

■ Market segmentation analysis

■ Value Chain Analysis

PART 04: MARKET SIZING

■ Market definition

■ Market outlook

■ Market sizing 2019

■ Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

■ Bargaining power of buyers

■ Bargaining power of suppliers

■ Threat of new entrants

■ Threat of substitutes

■ Threat of rivalry

■ Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

■ Market segmentation by application

■ Comparison by application

■ Lifestyle monitoring - Market size and forecast 2019-2024

■ Health monitoring - Market size and forecast 2019-2024

■ Others - Market size and forecast 2019-2024

■ Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

■ Geographic segmentation

■ Geographic comparison

■ APAC - Market size and forecast 2019-2024

■ North America - Market size and forecast 2019-2024

■ Europe - Market size and forecast 2019-2024

■ MEA - Market size and forecast 2019-2024

■ South America - Market size and forecast 2019-2024

■ Key leading countries

■ Market opportunity

PART 09: MARKET SEGMENTATION BY GENDER

■ Market segmentation by gender

■ Comparison by gender

■ Female - Market size and forecast 2019-2024

■ Male - Market size and forecast 2019-2024

■ Market opportunity by gender

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

■ Market drivers

■ Market challenges

PART 12: MARKET TRENDS

■ Increasing number of M&A

■ Rising investments

■ Proliferation of fitness apps

PART 13: VENDOR LANDSCAPE

■ Overview

■ Landscape disruption

■ Competitive scenario

PART 14: VENDOR ANALYSIS

■ Vendors covered

■ Vendor classification

■ Market positioning of vendors

■ adidas AG

■ ASICS Digital Inc.

■ Azumio Inc.

■ BetterME.

■ FitNow Inc.

■ Google LLC

■ Nike Inc.

■ Samsung Electronics Co. Ltd.

■ Under Armour Inc.

■ YAZIO GmbH

PART 15: APPENDIX

■ Research methodology

■ List of abbreviations

■ Definition of market positioning of vendors

PART 16: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200602005754/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:[email protected]

Website:www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY FITNESS & NUTRITION HEALTH CONSUMER ELECTRONICS

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 06/02/2020 07:00 PM/DISC: 06/02/2020 07:00 PM

http://www.businesswire.com/news/home/20200602005754/en

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