World Fitness App Market to Grow at 29.45% CAGR by 2021

Fitness App Market 2017-2021 latest research report adds in ReportsnReports.com; the analysts forecast global fitness app industry to grow at a CAGR of 29.45% during the period 2017-2021.

One trend in the market is raising number of product launches. The global fitness app market is highly competitive, with numerous local and international players competing against each other. This report provides an in-depth analysis of the global fitness app market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions. The study conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Complete report on fitness app market spread across 70 pages, analyzing 5 major companies and providing 28 data exhibits are now available at http://www.reportsnreports.com/reports/1002814-global-fitness-app-market-2017-2021.html .

According to the report, one driver in the market is easy availability of cost-effective apps. Mobile apps are available in both free and paid versions. Paid apps require one-time payment during the installation. Fitness apps are gaining high adoption among individuals seeking a healthy lifestyle. Due to limited budget and time, every fitness-conscious individual cannot afford membership in fitness centers or health clubs.

Global fitness app market by other applications: Fitness apps are being used to fight and monitor various other health problems. For instance, more than 40 apps are available on iOS that can help users to fight alcohol addiction and smoking cessation. Alcohol Comprehensive Health Enhancement Support System (A-CHESS) is an app designed to intervene the relapse in alcohol dependence.

The following companies as the key players in the global fitness app market: Azumio, Fitbit, Jawbone, FitnessKeeper and Under Armour. Other prominent vendors in the market are: adidas, Daily Workouts Apps, Fooducate, Google, My Diet Coach, Nike, Noom, Polar Electro, Runtastic, Samsung Electronics, Sports Tracking Technologies and Wahoo Fitness. Order a copy of Global Fitness App Market 2017-2021 report at http://www.reportsnreports.com/purchase.aspx?name=1002814 .

Global fitness app market by lifestyle monitoring: Fitness apps have started to act as a motivation factor, encouraging individuals to be more conscious about health and fitness. Several online communities, virtual challenges, and rewards included in the apps act as major motivation factors, increasing the demand for fitness apps globally. Online communities help individuals to connect with each other and share their workout regimes.

Global fitness app market by health monitoring: The continuously changing lifestyle, increased consumption of fast food, and rise in the incidence of diseases among the aging population are the key forces behind the demand for health monitoring devices and apps. The growing dependency on technology and the increasing use of apps have allowed developers to enter the medical and healthcare sector. The growing usage of fitness apps is also propelling the usage of pregnancy-monitoring apps. Analysts estimate the global fitness app by health monitoring to account for revenue of over USD 1 billion by 2021.

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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Release ID: 208573