Feb 25, 2020 (KD Market Insights via COMTEX) -- According to a new market research report "Fitness App Market Share, Size, Trends, & Industry Analysis Report By Type (Workout & Exercise Apps, Disease Management, Lifestyle Management, Nutrition & Diet, Medication Adherence); By OS Platform (Android, iOS, Windows); By Device Type (Smartphones, Tablets, Wearable Devices); By Region: Segment Forecast, 2020 - 2026". Published by Polaris Market Research. The Global fitness app market size was valued at USD 3.15 billion in 2019 and is anticipated to reach over USD 15.96 billion by 2026 at a Compound Annual Growth Rate (CAGR) of 26.2% From 2020-2026
Global Fitness App Market: Overview
A significant increase in the obese population, changing lifestyles, and increasing health concerns primarily drive the market growth. Other driving factors include increasing occurrence of diseases associated with obesity, increasing disposable income, and increasing awareness regarding health and nutrition. The increase in obesity related diseases such as diabetes and hypertension along with sedentary lifestyles of consumers further propel the market growth. The number of memberships for health clubs and gyms has increased significantly over the years, further promoting the growth of fitness app industry. Increasing demand in developing nations, increasing penetration of mobile devices, and availability of high-speed internet services is expected provide numerous growth opportunities to the fitness app industry players during the forecast period.
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