NEW YORK, Oct. 24, 2024 /PRNewswire/ — Report with market evolution powered by AI – The Global Online Fitness Course Market size is estimated to grow by USD 26.46 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  16.92%  during the forecast period. Increasing awareness regarding benefits of healthy lifestyle is driving market growth, with a trend towards integration of VR and AR in online fitness courses. However, high cost of online fitness courses  poses a challenge.Key market players include Aaptiv, Alo Moves, Apple Inc., ClassPass, Daily Burn Inc., Fitbit LLC, FitXR, Glo Digital Inc., Les Mills International Ltd., LifeSpeak Inc., Lift Brands Inc., MINDBODY Inc., Myfitnesspal, Nike Inc., Peloton Interactive Inc, REH-FIT, Sworkit, The Beachbody Co. Inc., Under Armour Inc., and Wexer.

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Market Driver

The integration of virtual reality (VR) and augmented reality (AR) technologies in online fitness courses is revolutionizing the global fitness industry. VR allows users to participate in virtual fitness classes, explore simulated environments, and receive personalized coaching. AR overlays digital content onto the physical world, providing interactive workout instructions and real-time data visualization. Companies like FitXR Ltd. Utilize VR technology to offer engaging workout experiences, tailoring feedback and coaching to individual performance. These technologies enable personalized and interactive online fitness courses, increasing motivation, enjoyment, and effectiveness. The market for online fitness courses using VR and AR technologies is expected to grow significantly due to their ability to provide, interactive, and personalized fitness experiences. 

The online fitness course market is booming with trends like virtual workouts, niche activities, and convenient digital experiences becoming increasingly popular. Economic strength and chronic conditions, such as obesity and diabetes, are driving demand for home workouts and balanced diets. Mental health is also a focus, with online instructors offering live video classes and virtual fitness competitions. Fitness executives see the potential in digital capabilities, from livestream group workouts and solo training to smartphone apps and wearable technology. In-person workouts aren’t going away, but the fitness industry is embracing the digital age with advanced training programs, virtual reality, and augmented reality. Home gym setups on smartphones, smart TVs, laptops, and desktops are the new normal. Fitness products and services are adapting, offering on-demand workouts and personalized training. Health club owners are even offering virtual memberships and digital experiences. The future of fitness is a balanced blend of physical and digital, prioritizing accessibility and convenience. 

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Market Challenges

The high cost of online fitness courses presents challenges for the global online fitness course market, affecting accessibility and affordability. On average, courses range from USD10 to USD500 or more. While convenient, the premium pricing excludes individuals from diverse socioeconomic backgrounds, hindering industry growth and democratization of fitness. High costs may deter potential customers, leading to price sensitivity and opting for cheaper alternatives. This could result in pricing wars, discounting, or commoditization, eroding profit margins and perceived value. In a competitive market, pricing pressures from expensive courses can negatively impact the reputation and sustainability of online fitness providers, potentially hindering market growth.In today’s digital age, the online fitness course market is booming with virtual fitness solutions that offer convenience and accessibility. From fitness apps with training videos to wearable technology and health and wellness programs, these services cater to diverse workout options for millennials and the elderly alike. Advanced fitness sessions using augmented and virtual reality technology provide an experience, while live workouts and on-demand sessions offer flexibility. Subscription services offer personalized training plans and community-driven features, making fitness engagement easier than ever. However, privacy concerns and health care expenses remain challenges. Digital platforms offer diverse workout options, from home workout equipment to smart home gyms and fitness tools. Traditional gym workouts have gone remote, with corporate wellness programs and flexible workout routines available online. Overall, the online fitness solutions market is revolutionizing the fitness industry, making health consciousness more accessible and affordable for all.

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Segment Overview 

This online fitness course market report extensively covers market segmentation by

Type 1.1 On-demand courses1.2 Live classes1.3 Hybrid coursesRevenue Stream2.1 Subscription-based2.2 Freemium2.3 One-time purchase2.4 Pay-per-classGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 On-demand courses-  The online fitness course market has experienced significant growth in recent years. Thousands of individuals seek convenience and affordability in their fitness journeys, leading to an increased demand for digital fitness solutions. These courses offer personalized workout plans, instructional videos, and community support, making fitness training accessible from anywhere. Companies invest in creating engaging content and user-friendly platforms to attract and retain customers. The market continues to expand as technology advances and more people prioritize health and wellness.

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Research Analysis

The online fitness course market is experiencing rapid growth as virtual fitness becomes a convenient and accessible solution for individuals seeking to maintain a healthy lifestyle from the comfort of their own homes. Fitness apps, training videos, and wearable technology are at the forefront of this trend, offering advanced fitness sessions and real-time health and wellness monitoring. Health insurance providers are also recognizing the value of online fitness solutions and are offering incentives to policyholders. Millennials, with their health consciousness and preference for remote workouts, are driving demand for digital platforms that offer flexible, accessible fitness options. Live video content, online instructors, and virtual fitness competitions add engagement and excitement to the experience. Augmented reality technology is even being explored to enhance traditional gym workouts and provide a more experience. The future of fitness is digital, and it’s here to stay.

Market Research Overview

The online fitness course market is booming with the rise of virtual fitness solutions, offering convenience-based services that cater to health and wellness enthusiasts. Fitness apps, training videos, and wearable technology are at the forefront of this trend, providing advanced fitness sessions through augmented and virtual reality. Live workouts and on-demand sessions offer flexibility and accessibility, while digital capabilities enable personalized training plans and community-driven services. Social media challenges and subscription services add to the engagement, with economic strength driving the growth of corporate wellness programs and diverse workout options. Privacy concerns are addressed through individual fitness plans, while group sessions and solo training cater to various fitness cultures and trends. Niche activities, such as elderly fitness and fitness for chronic conditions, are also gaining popularity. With the increasing health consciousness among millennials and the availability of fitness tools like smart home gyms and home workout equipment, traditional gym workouts are being replaced by online fitness solutions. Balanced diets, mental health, and online instructors complete the holistic approach to a healthy lifestyle.

Table of Contents:

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

TypeOn-demand CoursesLive ClassesHybrid CoursesRevenue StreamSubscription-basedFreemiumOne-time PurchasePay-per-classGeographyNorth AmericaEuropeAPACSouth 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

PORT WASHINGTON, N.Y., Oct. 24, 2024 /PRNewswire/ — Autel, a leading developer, manufacturer, and distributor of professional automotive diagnostic tools and equipment, has partnered with Revv, a leader in AI software that identifies vehicle Advanced Driver Assistance Systems (ADAS), to bring ADAS identification and a repair and service workflow to the mechanical vehicle repair industry.

The partnership aims to address the growing need and opportunity to empower mechanical repairers with the information, technology, and equipment to calibrate the ADAS components affected by everyday mechanical vehicle repairs and services.

This collaboration will empower automotive mechanical repair shops nationwide by integrating Revv’s powerful ADAS research platform with the Autel MaxiSYS IA900 wheel alignment and ADAS calibration solution. Shop owners will be able to provide more comprehensive repairs and service to the increasing number of vehicles entering their shops with these safety and convenience systems.

“Autel has a history of discovering revenue opportunities for its users and providing them with solutions to capitalize on them. ADAS identification and calibrations are essential to the mechanical repair and service space to ensure the safe repair of customer vehicles. We reviewed several ADAS research platforms. Revv’s powerful systems identification software and AI-driven diagnostic and repair workflow perfectly fit our vision for a robust mechanical ADAS solution. By pairing Revv with the IA900, our users can identify and efficiently complete every needed service to ensure the safest repair,” said Autel CEO Chloe Hung.

“We are thrilled to partner with Autel, a true leader in automotive diagnostics,” said Adi Bathla, CEO at Revv. “Our collaboration enhances the ability of automotive repair shops to accurately and efficiently identify and perform ADAS calibrations, ultimately ensuring safer vehicles on the road.”

Key benefits of the partnership include:

New Revenue Opportunities for Repair Shops: Integrating Revv’s ADAS research platform with the Autel IA900 all-in-one diagnostic, alignment, and ADAS calibration system allows repair shops to drive revenue while enhancing consumer safety. By streamlining ADAS calibration, shops can now offer comprehensive ADAS diagnostic services within standard repair packages, adding value for customers and boosting revenue.

Enhanced Accuracy and Speed: Automated ADAS research powered by Revv’s platform will now sync directly with Autel’s industry-leading vehicle and ADAS software coverage, guided alignment, and ADAS calibration instructions, ensuring real-time access to critical calibration data that is sure to reduce service time and missteps drastically.

Increased Safety for Mechanical Repair businesses: As the automotive industry focuses on ensuring vehicle safety, this collaboration equips shops with the tools and information they need to perform safe and reliable ADAS calibrations on every repair.

Future-Proofing Shops: With the pace of ADAS evolution, shops using the integrated Revv and Autel solution will be better positioned to keep up with new vehicle technologies, making them more competitive in a changing landscape.

About Revv

Revv automates ADAS research, making it easy for automotive repair shops to identify and perform calibrations, ensuring vehicle safety post-accident or repair. Revv’s platform integrates seamlessly with major estimating systems and calibration tools, enabling repair centers to stay ahead in the evolving ADAS landscape. For more information, visit www.revvhq.com

About Autel

Autel is a global company that manufactures high-quality, innovative, and value-rich automotive diagnostic tools, equipment, and accessories. With 20 years of experience, Autel has become a trusted brand among technicians worldwide and continues to grow and expand to meet the demands of the ever-evolving automotive industry. For more information, visit www.autel.com.

Media Contact:
Allison Whitney
allisonw@autel.com

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SOURCE Autel U.S.

NORTHRIDGE, Calif., Oct. 24, 2024 /PRNewswire/ — Thinking Nation, a national 501c3 committed to cultivating thoughtful citizens through the promotion of historical thinking in social studies, today announced Director of Curriculum Annie Jenson will present at the Texas Council for the Social Studies Annual Conference in Round Rock, Texas, on November 1, 2024. This year’s conference theme is “Building Social Studies Literacy”. 

Ms. Jenson’s presentation, “Walking in Their Shoes: The Role of Historical Fiction in Building Empathy and Engagement in Social Studies Education”, is scheduled for 8:30 a.m. CDT. It will delve into the transformative potential of historical fiction in inspiring students to connect with a diverse human experience. Through this presentation, participants will uncover how compelling narratives and vivid characters enable students to step into the shoes of individuals from the past. Attendees will learn practical strategies for integrating historical fiction into the curriculum to spark curiosity, ignite critical thinking, and inspire meaningful connections with history.

“As Texas teachers grapple with the complexities of censorship that threaten inclusive education, my session “Walking in Their Shoes,” aims to support their efforts,” said Ms. Jenson. “I will share actionable strategies and accessible resources for integrating diverse narratives within the limits of their curriculum. Additionally, I will highlight local groups that are ready to assist teachers as they navigate these challenges and advocate for their students.”

Inquiry by the Book: Teaching Historical Fiction with the Inquiry Design Model, a recent publication by the National Council for the Social Studies, co-authored by Kristy A. Brugar and Annie McMahon Whitlock, underscores the importance of historical fiction in education. The book advances the idea that historical fiction not only provides context and perspective but also invites students to critically examine the past, thereby strengthening foundational literacy skills.

Visitors to the TXCSS (Texas) 2024 Annual Conference can meet Ms. Jenson and further explore Thinking Nation’s innovative curriculum and platform at exhibit booth #405. 

For more information on the organization’s approach to fostering historical thinking in social studies education or to support its work to transform how social studies classrooms across the country, visit thinkingnation.org. 

About Thinking Nation
Thinking Nation is a national 501c3 specializing in innovative social studies curriculum, assessments, and professional development. Our mission is to cultivate thinking citizens and confront the problems we see in civic society, with a curriculum that empowers students to read closely, think deeply, and write persuasively. We believe that education is our greatest equalizer, and that every student, regardless of zip code or socio-economic background, deserves access to learning practices that reflect the diversity of identities, histories, contributions, and experiences to support enriched educational opportunity, equity, and success for all. Thinking Nation currently serves more than 35,000 students in 16 states and the District of Columbia. For more information about Thinking Nation or to become a part of this transformative initiative, please visit thinkingnation.org. 

Media Contacts
Laura Wessells and Martha Holler
ShinePR for Thinking Nation
ThinkingNation@shinepr.com 

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SOURCE Thinking Nation