Published Date: 31-Oct-2022
Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
According to a new report, published by KBV research, The Global Move To Earn Fitness Apps Market size is expected to reach $1.2 billion by 2028, rising at a market growth of 19.1% CAGR during the forecast period.
The iOS market is generating high revenue in the Global Move To Earn Fitness Apps Market by Platform in 2021; thereby, achieving a market value of $551.7 million by 2028. The presence of technologically superior apps and a rise in consumer adoption of iOS are two major drivers of sector growth. By releasing cutting-edge apps for fitness and health, as well as medical gadgets with digital integration, manufacturers & app developers are attempting to gain a larger market share.
The Smart phones market shows high growth rate of 18.7% during the forecast period. This is due to customers' increased adoption of smartphones over the past few years. The market is expanding as more people use cell phones to access the internet. In order to achieve the overall fitness goal, a variety of fitness trackers, are used with conventional smartphones to track users' locations and supervise their activities, along with running, calorie burn, calorie intake, workout reminders, and workout planner.
The North America market dominated the Global Move To Earn Fitness Apps Market by Region in 2021; thereby, achieving a market value of $419.7 million by 2028. The Europe market is experiencing a CAGR of 18.3% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 20.1% during (2022 - 2028).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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
Unique Offerings from KBV Research