The global demand for Online Fitness Market is presumed to reach the valuation of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2020 - 2027.
Online fitness is a virtual way of achieving fitness goals, the most flexible and cost-effective way of reaching fitness goals. It saves the gym's expenses, offers a better service than an in-person trainer, and eliminates the need to rely on someone else's location and availability. Online fitness is a great alternative option if one has a tight schedule and budget. Online fitness training or coaching is delivered through an installed mobile application or online video streaming.
Growing awareness about health & fitness and rising penetration of smartphones is influencing the growth of the market. The online fitness market has gained robust growth in the past five years. Online fitness is the rapidly-growing segment in the fitness industry. More and more peoples are embracing online fitness services and solutions. Online Fitness apps are widely installed, and videos are broadly viewed owing to the range of benefits, including no location limitation, schedule flexibility, and access to limitless opportunities and trainers. During the lockdown amid the COVID-19 pandemic, online fitness skyrocketed, the popularity for two main reasons: gyms closed, and personal trainers needed a way to continue working.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of online fitness.
The report segments the online fitness market and analyses it with respect to the geography, intending to keep the marketer informed and help them identify the target demographics for the product or service.
By Streaming Type
By Session Type
By Device Type
By Revenue Model
- Smart TV
- Laptops, Desktops, and Tablets
By End User
- Professional Gyms
- Sports Institutes
- Defense Institutes
- Educational Institutions
- Corporate Institutions
This section covers regional segmentation which accentuates on current and future demand for online fitness market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Online Fitness Market by Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the online fitness market include FitnessOnDemand, ClassPass, Inc., Econofitness, Les Mills International Ltd., Peerfit, Inc., Sworkit, Navigate Wellbeing Solutions, Viva Leisure, Peloton, Zwift.S. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.