The Latin America, Middle East and Africa Move To Earn Fitness Apps Market would witness market growth of 25.6% CAGR during the forecast period (2022-2028).
A rise in awareness of various fitness platforms, the rising number of fitness & sports lovers, and the rise in consumer expenditure on health are some factors that have pushed people toward the adoption of healthy lifestyles. This industry is being transformed quickly by technology. The range of platforms available for users is anticipated to rise as a result of technological developments. The proliferation of startups offering cutting-edge technologies is a prominent driver responsible for deeper market presence and consumption behavior.
The fitness sector has also undergone a transformation as a result of contemporary technologies like artificial intelligence, machine learning, and augmented reality. Because of these technologies, people now exercise at leisure rather than going to gyms and fitness centers to stay in shape and be healthy. Modern move to earn fitness applications cover many types of exercise, including weight training, cardio, yoga, Zumba, and meditation along with walking.
The UAE's healthcare industry has expanded to meet both the country's population's evolving needs and its ambition to become a destination for regional medical tourists. Due to the COVID-19 pandemic, the UAE has increased its commitment to investing in healthcare. These investments also include the development of apps that could assist people in achieving their health goals. The government has focused on creating a healthcare infrastructure to satisfy this need. Move to Earn app adoption in these nations will support the market growth over the forecast period.
The Brazil market dominated the LAMEA Move To Earn Fitness Apps Market by Country in 2021; thereby, achieving a market value of $28.1 million by 2028. The Argentina market is experiencing a CAGR of 26.3% during (2022 - 2028). Additionally, The UAE market would witness a CAGR of 25.3% during (2022 - 2028).
Based on Platform, the market is segmented into iOS, Android and Others. Based on Device, the market is segmented into Smart phones, Tablets and Wearable Devices. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Move To Earn Fitness Apps Market is Predict to reach $1.2 Billion by 2028, at a CAGR of 19.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Higi SH LLC (Babylon Holdings Limited), Vitality Group International, Inc. (Discovery Limited), Under Armour, Inc. (MayMyFitness), Sweat Coin, Fitmint, Evidation Health, Inc., HealthyWage LLC, Diet Bet (WayBetter, Inc.) and Charity Miles LLC
By Platform
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