Exercise And Weight Loss Apps Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
The Business Research Company’s Exercise And Weight Loss Apps Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
— The Business Research Company
LANDON, GREATER LANDON, UK, July 29, 2024 /EINPresswire.com/ — The exercise and weight loss apps market has experienced robust growth in recent years, expanding from $0.80 billion in 2023 to $0.96 billion in 2024 at a compound annual growth rate (CAGR) of 20.4%. The growth in the historic period can be attributed to increased smartphone penetration, growth in health awareness, technological advancements, increased prevalence of obesity, the shift towards personalized fitness, and the influence of social media.
Strong Future Growth Anticipated
The exercise and weight loss apps market is projected to continue its strong growth, reaching $2.03 billion in 2028 at a compound annual growth rate (CAGR) of 20.5%. The growth in the forecast period can be attributed to rising smartphone penetration, advancements in wearable technology, growing prevalence of lifestyle diseases, demand for personalized fitness plans, integration of AI and data analytics, and the shift towards remote and home-based workouts.
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Growth Driver Of The Exercise And Weight Loss Apps Market
The rising prevalence of obesity is expected to propel the growth of the exercise and weight loss apps market going forward. Obesity is a medical condition characterized by an excessive accumulation of body fat, typically defined by a body mass index (BMI) of 30 or higher. The prevalence of obesity is rising due to a combination of sedentary lifestyles, poor dietary habits, and increased consumption of high-calorie, processed foods. Exercise and weight loss apps aid in managing obesity by providing guidance, tracking progress, and promoting adherence to physical activity and dietary goals.
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Major Players And Market Trends
Key players in the exercise and weight loss apps market include Google LLC, Nike Inc., Adidas AG, Under Armour Inc., Garmin Ltd., ASICS Corporation, Fitbit Inc., Weight Watchers International Inc.
Major companies operating in the exercise and weight loss apps market are focused on developing workout-tracking technology to diversify their product offerings and cater to health-conscious consumers. Workout-tracking technology refers to tools and devices that monitor and record physical activity and exercise data, providing users with insights into their fitness routines and progress.
Segments:
1) By Device: Smartphones, Tablets, Wearable Devices
2) By Platform: Android, iPhone Operating System (IOS), Other Platforms
3) By Application: Lifestyle Monitoring, Diet Monitoring, Weight Monitoring, Exercise Monitoring, Other Applications
Geographical Insights: North America Leading The Market
North America was the largest region in the exercise and weight loss apps market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the exercise and weight loss apps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Exercise And Weight Loss Apps Market Definition
Exercise and weight loss applications apps are digital tools designed to help users track their physical activity, diet, and overall fitness progress. They often include features such as workout plans, calorie counters, and progress monitoring to support weight loss and healthy lifestyle goals. These apps provide personalized recommendations and motivational support to help users stay on track with their fitness objectives.
Exercise And Weight Loss Apps Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Exercise And Weight Loss Apps Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on exercise and weight loss apps market size, exercise and weight loss apps market drivers and trends, exercise and weight loss apps market major players, exercise and weight loss apps competitors’ revenues, exercise and weight loss apps market positioning, and exercise and weight loss apps market growth across geographies. The exercise and weight loss apps market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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