PUBLISHER: Lucintel | PRODUCT CODE: 1448486
PUBLISHER: Lucintel | PRODUCT CODE: 1448486
Digital Fitness Market Trends and Forecast
The future of the digital fitness market looks good with opportunities in smart wearable fitness devices and smart wearable sports devices.The global digital fitness market is expected to reach an estimated $4,25.6 billion by 2030, and it is forecast to grow at a CAGR of 39.2% from 2024 to 2030. The major drivers for market growth are increasing awareness on fitness, rising demand of user-friendly and self-monitoring devices.
Emerging Trends in the Digital Fitness Market
Emerging trends, which have a direct impact on the dynamics of the digital fitness industry, include integration and cross-compatibility of personal health data and introduction of cross over products.
A total of 102 figures / charts and 60 tables are provided in this 202-page report to help in your business decisions. Sample figures with some insights are shown below.
Digital Fitness Market by Segment
In this market, smart wearable fitness device is the largest application market, whereas fitness wristband is largest in product. Growth in various segment of the digital fitness market are given below:
The study includes a trend and forecast for the digital fitness market by product, category, application, and region as follows:
List of Digital Fitness Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies digital fitness companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.
Some of the digital fitness companies profiled in this report includes:
Digital Fitness Market Insights
Features of Digital Fitness Market
FAQ
Q1. What is the digital fitness market size?
Answer:The global digital fitness market is expected to reach an estimated $4,25.6 billion by 2030.
Q2. What is the growth forecast for digital fitness market?
Answer:The digital fitness market is expected to grow at a CAGR of 39.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the digital fitness market?
Answer: The major drivers for this market are increasing awareness on fitness, rising demand of user-friendly and self-monitoring devices.
Q4. What are the major applications or end use industries for digital fitness?
Answer:Smart wearable fitness devices and smart wearable sports devices are the major application for digital fitness.
Q5. What are the emerging trends in digital fitness market?
Answer:Emerging trends, which have a direct impact on the dynamics of the industry, include integration and cross-compatibility of personal health data and introduction of cross over products.
Q6. Who are the key digital fitness companies?
Answer:Some of the key digital fitness companies are as follows:
Q7.Which digital fitness product segment will be the largest in future?
Answer: Lucintel forecasts that smartwatch segment is expected to witness significant growth during the forecast period due to their versatile features as a wristband.
Q8: In digital fitness market, which region is expected to be the largest in next 5 years?
Answer:North America is expected to remain the largest region due to an increasing obesity rate and growing awareness on physical fitness with the availability of a more sophisticated digital wearable fitness device.
Q9. Do we receive customization in this report?
Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.