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Fitness App Market to Expand by USD 55.86 Billion (2024-2028), Driven by Health Management and Rising Chronic Disease Cases, AI Impacting Market Trends – Technavio

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NEW YORK, Dec. 13, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global fitness app market size is estimated to grow by USD 55.86 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  17.78%  during the forecast period. Empowering health management amid rising incidence of chronic diseases is driving market growth, with a trend towards innovative coaching platform approach with integrated video workout features. However, failing in user engagement and retention  poses a challenge. Key market players include Adidas AG, Alphabet Inc., Apple Inc., ASICS Corp., Azumio Inc., BetterMe Ltd., Diverse Retails Pvt. Ltd., Fiit Ltd., Fitness Connection, Fooducate Ltd., Garmin Ltd., Jefit Inc., MINDBODY Inc., Nike Inc., PEAR Sports LLC, Polar Electro Oy, Samsung Electronics Co. Ltd., Squats Fitness Pvt. Ltd., Under Armour Inc., Wahoo Fitness LLC, WellDoc Inc., and YAZIO GmbH.

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Fitness App Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 17.78%

Market growth 2024-2028

USD 55.86 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

17.5

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 31%

Key countries

US, China, Japan, South Korea, and Germany

Key companies profiled

Adidas AG, Alphabet Inc., Apple Inc., ASICS Corp., Azumio Inc., BetterMe Ltd., Diverse Retails Pvt. Ltd., Fiit Ltd., Fitness Connection, Fooducate Ltd., Garmin Ltd., Jefit Inc., MINDBODY Inc., Nike Inc., PEAR Sports LLC, Polar Electro Oy, Samsung Electronics Co. Ltd., Squats Fitness Pvt. Ltd., Under Armour Inc., Wahoo Fitness LLC, WellDoc Inc., and YAZIO GmbH

Market Driver

Fitness apps have become a major trend in the health and wellness industry, with mobile subscribers turning to these digital platforms for convenient, personalized fitness solutions. Advanced features such as activity tracking, calorie counting, and diet monitoring are driving the highest retention rates. The integration of artificial intelligence and machine learning enables customized fitness plans and nutrition guidance. In-app fitness, online training, and virtual fitness classes offer flexibility for users, while wearable technology like smartwatches and fitness trackers help monitor progress. The future of fitness is here, with personalized plans, mental well-being education, and health and hygiene awareness. Regulatory frameworks ensure safety and quality, making fitness apps a popular alternative to conventional gyms and fitness studios. In-home fitness equipment and smart devices offer additional convenience. Personal training fees are now affordable with subscription models, making professional guidance accessible to all. Join the Health Works Collective and Future Fitness to stay ahead of the curve. 

The global fitness app market is witnessing an emerging trend with the integration of advanced coaching platforms. These platforms offer video workout and video-on-demand (VOD) features, enhancing user experience with more interactive and personalized fitness routines. Major companies are developing innovative coaching solutions to cater to the growing demand for convenience, flexibility, and expert guidance. The integration of video functionality into coaching platforms signifies a shift towards more effective and engaging fitness experiences. This trend is expected to significantly contribute to the growth of the fitness app market during the forecast period. 

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Market Challenges

Fitness apps have revolutionized the way we approach health and wellness. With features like activity tracking, calorie counting, and diet monitoring, these apps help users stay aware of their fitness levels. Advanced features, such as artificial intelligence and machine learning, provide personalized fitness plans and nutrition guidance. In-app fitness and virtual training offer convenience for those who prefer working out at home. Smart devices like laptops, Phones, tablets, and wearable technology enable seamless integration. However, regulatory frameworks ensure health and hygiene standards are met. Despite the competition from conventional fitness studios, gyms, and personal training, fitness apps boast the highest retention rates due to their affordability and accessibility. Future Fitness and Health Works Collective lead the market with advanced technology and education. Online platforms offer subscriptions for mental well-being, workout routines, and personalized diet charts. The future of fitness is here, and it’s in your hands.The global fitness app market faces substantial hurdles in maintaining user engagement and retention. Although the number of initial downloads can be impressive, keeping users engaged over an extended period proves to be more challenging. This issue is exacerbated by the multitude of competing apps, causing user churn as individuals seek out new features and experiences. To sustain engagement, providing fresh and captivating content, such as innovative workout routines, challenges, and motivational rewards, is essential. Neglecting to do so may result in users losing interest or abandoning the app. Furthermore, delivering a smooth user experience and addressing technical concerns promptly is vital for retaining trust and loyalty.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This fitness app market report extensively covers market segmentation by  

Gender1.1 Female1.2 MaleApplication 2.1 Lifestyle monitoring2.2 Health monitoring2.3 OthersGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

Research Analysis

Fitness apps have revolutionized the way we approach health and wellness, offering convenient and customized solutions for users. These apps provide a wide range of features, from in-app fitness classes and online personal training to activity tracking and diet charts. Virtual fitness has gained immense popularity, allowing users to access workouts and training sessions from the comfort of their homes. Subscriptions offer flexible plans for unlimited access to these features. Awareness of fitness and mental well-being is at an all-time high, leading in demand for fitness apps. Regulatory frameworks ensure the safety and effectiveness of these apps, while smart devices, laptops, phones, and tablets make accessibility a breeze for smartphone users. Health and hygiene are prioritized with features like virtual classes and contactless payments. Personal training and group classes are available online, catering to various fitness levels and goals. Stay tuned for more updates from the dynamic world of fitness apps.

Market Research Overview

Fitness apps have revolutionized the way we approach health and wellness, offering advanced features like activity tracking, calorie counting, and diet chart monitoring. These apps cater to both in-home and virtual fitness experiences, allowing users to access workout routines and personalized fitness plans from their smartphones, laptops, tablets, and wearable devices. In-app education and nutrition guidance provide valuable insights into maintaining a healthy lifestyle, while machine learning and artificial intelligence help tailor plans to individual needs. Virtual fitness training offers convenience and flexibility, with personal training available online at lower costs than conventional studios or gyms. Mental well-being is also prioritized, with features promoting mindfulness and stress management. With the highest retention rates among mobile subscribers, fitness apps are the future of health and fitness, adhering to regulatory frameworks and promoting health and hygiene.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

GenderFemaleMaleApplicationLifestyle MonitoringHealth MonitoringOthersGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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GRAVITY GAME HUB REVEALS RAGNAROK IDLE ADVENTURE CLOSED BETA DATE

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SINGAPORE, Dec. 17, 2024 /CNW/ — Gravity Game Hub (GGH) PTE.LTD, a subsidiary of GRAVITY Co., Ltd. (NasdaqGM: GRVY) has announced the start of CBT Registration for its widely anticipated AFK mobile game, Ragnarok Idle Adventure. Ragnarok Idle Adventure is based on the popular MMORPG Ragnarok Online, now reimagined as a relaxing, yet engaging casual idle game.

Ragnarok Idle Adventure is a vertical Idle RPG mobile game featuring an easy-to-play RPG and auto-combat system which provides comfort in the RPG gaming experience. Players can complete the missions or challenging dungeons in a single tap, and to progress the character growth and gathering resources even while you’re away.

Players from worldwide, except from Thailand, Mainland China, Taiwan Region, Hong Kong SAR, Macao SAR, South Korea, and Japan, will be able to join the Closed Beta Test from December 19, 2024 10.00 GMT+8.

To join the Ragnarok Idle Adventure Closed Beta, interested players can visit the CBT Official Page https://roidleadventure.go.link/5Pw1l. Do note that the CBT app is available in Google Play Store and Apple TestFlight.

The CBT phase provides an exclusive opportunity for players to provide feedback and shape the final product as the developers work towards perfecting the game’s features and functionality. By participating in the CBT, players get a first-hand experience of the game’s features and have an opportunity to win abundant limited in-game item rewards prior to the Grand Launching phase.

Important: The CBT account, including all characters created, items obtained during the Closed Beta phase, will be RESET (Deleted).

Ragnarok Idle Adventure Core Features

Seamless Idle Experience

Effortless auto-battling lets you claim rewards while you explore, socialize, or simply take a break. Even when you’re Offline, your team fights on, securing your progress and leaving you free to focus on what truly matters.

Strategic Customization

Equip your heroes with powerful cards and enhance their abilities to unlock their full potential.

Iconic characters, Timeless Adventures

Encounter cherished heroes, explore legendary locales, and engage with classic features such as guilds, cards, and fashionable attire.

Fashion & Style

Express your unique flair with a plethora of fashion options, from stylish outfits to awe-inspiring accessories, ensuring you stand out in the crowd.

And there will be tons of upcoming new features and contents in Ragnarok Idle Adventure which will be released regularly in the future.

About Ragnarok Idle Adventure
Genre: Idle RPG
Platform: Mobile (Android & IOS)
Website: https://roidle.gnjoy.asia
Facebook: https://www.facebook.com/ROIdleAdventure
Instagram: https://www.instagram.com/roidleadventureglobal 

About Gravity Game Hub
Established in 2021, Gravity Game Hub (GGH) Pte. Ltd. is a game publisher and developer focusing on online and mobile games. Gravity Game Hub is committed to delivering an interactive gaming experience and creating a dynamic community for all players in South East Asia.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/gravity-game-hub-reveals-ragnarok-idle-adventure-closed-beta-date-302334411.html

SOURCE Gravity Game Hub (GGH) Pte. Ltd.

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Dye & Durham Announces Voting Results from its Annual General and Special Meeting of Shareholders

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TORONTO, Dec. 17, 2024 /CNW/ – Dye & Durham Limited (TSX: DND) (“Dye & Durham” or the “Company”) announced today the results of voting at its annual general and special meeting of shareholders held on December 17, 2024 (the “Meeting”).

At the Meeting, each of the individuals listed below were elected as directors of the Company. The voting results were as follows:

Nominee

Votes For

% of Votes
For

Votes 
Withheld

% of Votes
Withheld

Hans T. Gieskes

44,434,051

73.41 %

16,098,227

26.59 %

Arnaud Ajdler

36,252,637

60.75 %

23,415,639

39.25 %

Tracey E. Keates

40,072,625

67.18 %

19,098,227

32.82 %

Ritu Khanna

40,884,450

67.55 %

19,641,636

32.45 %

Anthony P. Kinnear

43,606,150

72.04 %

16,926,094

27.96 %

Eric Shahinian

57,301,524

94.64 %

3,247,778

5.36 %

Sid Singh

41,131,068

68.95 %

18,520,144

31.05 %

In addition, an ordinary resolution approving the appointment of Ernst & Young LLP as the Company’s auditors until the next annual meeting of the shareholders of the Company or until its successor is duly appointed and authorizing the directors of the Company to fix its remuneration was passed by 99.83% of the votes represented at the Meeting.

Further, a resolution with respect to the ratification of the issuance of certain options was passed by 62.29% of the votes represented at the Meeting.

An advisory resolution with respect to the Company’s approach to executive compensation was not passed.

Details of the voting results on all matters considered at the Meeting are available in the Company’s report of voting results, which is available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

About Dye & Durham

Dye & Durham Limited provides premier practice management solutions empowering legal professionals every day, delivers vital data insights to support critical corporate transactions and enables the essential payments infrastructure trusted by government and financial institutions. The Company has operations in Canada, the United Kingdom, Ireland, Australia and South Africa.

Additional information can be found at www.dyedurham.com.

SOURCE Dye & Durham Limited

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Elitery Joins Google Cloud Managed Security Services Provider (MSSP) Initiative to Enhance Cybersecurity in Indonesia

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JAKARTA, Indonesia, Dec. 18, 2024 /PRNewswire/ — Elitery, a managed IT services company in Indonesia, announced it has joined the Google Cloud Managed Security Services Provider (MSSP) initiative on October, 17th 2024. This collaboration empowers Elitery to deliver cutting-edge, proactive security services that help businesses navigate today’s complex cybersecurity challenges.

Google Cloud’s MSSP initiative offers a range of security solutions and services to help organizations manage their cybersecurity needs effectively. By providing continuous monitoring, threat detection, incident response, and risk management, MSSPs enable businesses to focus on their core operations while ensuring that their digital environments remain secure. By joining this initiative, Elitery enhances its capabilities by leveraging Google Cloud’s advanced cybersecurity tools and expertise to protect clients against ever-evolving cyber threats effectively.

As a Google Cloud MSSP, Elitery gains access to valuable resources and expanded opportunities, enhancing its ability to deliver comprehensive security solutions. This collaboration reflects Elitery’s commitment to providing effective security services to meet the changing needs of clients.

“We are thrilled to be part of Google Cloud’s Managed Security Services Provider initiative,” said Kresna Adiprawira, President Director of Elitery. “This initiative aligns perfectly with our mission to protect our clients’ digital environments with the highest level of security. The resources and support from Google Cloud allow us to elevate our service and offer even greater value to our customers.”

Elitery’s proactive security services are designed to address the most pressing security challenges faced by modern organizations. These services include continuous monitoring, threat detection and response, and comprehensive risk management. By leveraging the capabilities provided through the MSSP initiative, Elitery is equipped to offer advanced security measures that help prevent, detect, and respond to potential threats before they can impact business operations.

Elitery’s participation in the Google Cloud MSSP initiative empowers the company to deliver advanced cybersecurity solutions that address the growing challenges faced by businesses today. This inclusion enhances Elitery’s capabilities, ensuring that clients benefit from the latest security innovations and best practices.

About Elitery

Founded in 2011, PT Data Sinergitama Jaya, Tbk (later known as “Elitery”) is an IT-managed service company that focuses on cloud and cybersecurity services. With a good corporate reputation, Elitery is trusted by world-class cloud services providers, such as Google Cloud as a go-to-market partner in Indonesia.

Since 2011, Elitery has handled many mission-critical systems accessed by tens of millions of users daily. Customers from various sectors, both private and government, have also trusted Elitery. Equipped with the experience and competence that Elitery has, Elitery is confident that it can become a trusted partner for your organization’s digital transformation.

Elitery’s commitment to excellence is reflected in its continuous efforts to stay at the forefront of technology trends and advancements. By participating in initiatives like the MSSP, Elitery demonstrates its dedication to enhancing its service offerings and providing clients with cutting-edge solutions that address their security and IT management needs.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/elitery-joins-google-cloud-managed-security-services-provider-mssp-initiative-to-enhance-cybersecurity-in-indonesia-302334415.html

SOURCE Elitery

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