- Report ID: BMRC 1163 | Number of pages: 200 | Publish Date: May 2020
Status: Published | Category: Technology And Media | Delivery Timeline:
Global Online fitness market is valued at USD XX Billion in 2018 and expected to reach USD XX Billion by 2025 with the CAGR of XX %over the forecast period.
The global online fitness market is driven by increasing awareness on fitness and rising demand of user-friendly and self-monitoring devices
The World's Top Most Innovative Companies In Online Fitness Market are,
Online fitness is an ongoing trend of delivering physical training sessions in groups through online channels. These training sessions are beneficial for people who face difficulty in physically attending classes. These sessions are conducted at a pre-decided schedule or time slot. Also the advantages of online fitness are Login Anywhere, Workout for Less, and Exercise According to Schedule, Access Limitless Opportunities and Trainers, Skip the Gym or Studio. For example, In a nutshell, online coaching is when somebody receives fitness and nutrition coaching from a fitness or nutrition coach online. Usually through training videos provided on a fitness app or online dashboard managed by coach. They provide personalized workout and diet plans for building muscle and fat loss. It is the most comprehensive plan and builds all the components of physical fitness. Someone gets training for complete health, fitness and performance.
Global Online fitness market report is segmented on the basis of Type, application and regional& country level. Based upon Type Online fitness market is classified into Group and Solo. Based upon Application Online fitness market is classified into Adults, Children and The Elderly.
The regions covered in this Global Online fitness market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Online fitness is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Online fitness Market Reports–
Global Online fitness market Report covers prominent players are WELLBEATS, Wexerm GoodLife Fitnessm Charter Fitness Inc., conofitness, FitnessOnDemand, LES MILLS INTERNATIONAL LTD, Keep, Fit n Fast Health Clubs and Gyms. Reh-Fit Centre, Fittime, Fitness First and others.
The global online fitness market is driven by increasing awareness on fitness, rising demand of user-friendly and self-monitoring devices
The global online fitness market is driven by increasing awareness on fitness, rising demand of user-friendly and self-monitoring devices. Increased physical ﬁtness and increased awareness for health issues will help elderly to live independently for longer and will thereby reduce the costs in the health care system. According to department of health and services, 28-34% of adults ages 65-74 are physically active. People are struggling to find ways to maintain their physical and mental health. Many fitness companies and personal trainers have come to the rescue. A plethora of free classes and routines have been uploaded, with new live classes being held every day. With the popularity of new social media including Facebook and Instagram, online communities have become a global social phenomenon. Given the rapid adoption of the Internet and mobile devices, online communities and accessibility of information, online social networks are increasingly influencing people’s dietary and physical activity patterns. The development of the online fitness community involves the evolution of fitness culture. According to Mobile Usage Statistics, 62% of users accessed the internet using their mobile phones. Also Mobile Advertising Statistics stated that 69% of digital media time is spent on mobile devices and by the end of 2019, mobile advertising will account for 72% of all U.S. digital ad spending. Thatswhy rising demand of user-friendly and self-monitoring devices are expected to drive the growth of online fitness market. However, low awareness about the services and courses offered by the players in the industry hamper the market growth. Furthermore, growing popularity of the concept of virtual fitness in developing economies presents lucrative opportunities to market players in the near future.
North America is dominating the online fitness Market
North America is estimated to be the fastest growing region in online fitness market. The North American online fitness market is driven by the need for advanced fitness sessions, inclination towards physical fitness, increased stress environment, unavailability of time to attend sessions at institutes, sedentary lifestyle, and others. According to Mobile Advertising Statistics, US mobile search spending was USD25.11 billion in 2018. Most people recognize that stress is not healthy but most fail to realize the significant impact stress can have on both physiological and psychological well-being. According to American institute of stress, 83% of US workers suffer from work-related stress. A study by the Centers for Disease Control and Prevention (CDC) found that 8.3% of deaths of non-disabled adults ages 25 and older were attributed to physical inactivity. Europe is second largest region for the growth of the online fitness Market, due to rising trend of group sessions for fitness training. In Asia pacific, due busy schedule participants are increasing utilizing the online training opportunity makes it a lucrative market.
Key Benefits for Global Online fitness Market Reports –
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
By Type- Group, Solo
By application- Adults, Children, The Elderly
By Regional & Country Analysis
North America, US, Mexico, Chily, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, South Korea, Japan, India, Southeast Asia, Latin America, Brazil, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
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Online Fitness Market 2020 By Type (Group, Solo), By application (Adults, Children, The Elderly) Forecast to 2025