The Global Virtual Fitness app market

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Global Virtual Fitness App Market
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?The Global Fitness App Market is estimated to
grow at a CAGR of 26.2 during the forecast
period 2020-2027. As per the analysis, the global
virtual fitness app market was valued at 3.15
billion in 2019 and is anticipated to reach
15.96 billion by 2027.   The global virtual
fitness app market mainly deals with fitness
applications that deliver health services on
mobile phones, tablets, and other mobile devices.
These apps generally track the sleep pattern,
calories burnt, and user activity. The
availability of robust internet connectivity
across developing and developed economies has
enabled fast video streaming, positively
impacting the online fitness market revenue.
According to Dailywireless.org statistics, as of
January 2019, there were around 4.4 billion
active internet users, corresponding to 57 of
the global population. This has led to increased
market adoption of virtual fitness apps and
platforms among fitness enthusiasts for a
comfortable workout experience at home. Many
fitness studios allow users to participate in
real-time, download, or stream on-demand content
on virtual platforms, surging the market demand
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Rise in Digitalization driving the market
growth   The rise in digitalization along with
the trend of connected fitness equipment that
enables users to track health parameters, such as
pulse rate and calories, will propel the virtual
fitness app market expansion. Several companies
are introducing virtual classes that allow users
to integrate with their smart devices to enhance
the fitness experience. For instance, in
September 2020, Apple, Inc. unveiled Fitness
Plus, a subscription service for online fitness
classes, that integrates with iPads, iPhones,
Apple TV, and Apple Watch. It allows users to
monitor a variety of metrics regarding activities
such as running, cycling, swimming, or rowing on
their Apple devices. The availability of
on-demand and live workout classes with a range
of connected equipment enables users to undertake
classes on built-in screens of their equipment.
The availability of such innovative solutions
will drive market growth. Read
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