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Online Fitness Course Market to Grow by USD 26.46 Billion from 2024-2028, Driven by Healthy Lifestyle Awareness and AI Redefining the Market Landscape- Technavio

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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.

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Online Fitness Course Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 16.92%

Market growth 2024-2028

USD 26455.8 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

12.68

Regional analysis

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

Performing market contribution

North America at 42%

Key countries

US, UK, Germany, China, and Canada

Key companies profiled

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

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

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StoneAge Named a 2025 Real Leaders® Top Impact Company Recognized for Producing Ownership Mindset and Purpose-Driven Leadership

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StoneAge, a global leader in industrial waterblast equipment, is proud to announce its inclusion in the Real Leaders® Top Impact Companies 2025 list, ranking 35th in the top 50 companies recognized. In addition to this prestigious award, StoneAge is also a finalist for the Top People award, which will be announced the first week in February. This recognition highlights the company’s dedication to fostering an ownership culture and driving positive change through its innovative Employee Stock Ownership Plan (ESOP).

DURANGO, Colo., Jan. 10, 2025 /PRNewswire-PRWeb/ — StoneAge, a global leader in industrial waterblast equipment, is proud to announce its inclusion in the Real Leaders® Top Impact Companies 2025 list, ranking 35th in the top 50 companies recognized. In addition to this prestigious award, StoneAge is also a finalist for the Top People award, which will be announced the first week in February. This recognition highlights the company’s dedication to fostering an ownership culture and driving positive change through its innovative Employee Stock Ownership Plan (ESOP).

“We are thrilled to be recognized as a 2025 Top Impact Company by Real Leaders®,” said Kerry Siggins, President and CEO of StoneAge. “Our ongoing focus on building an ownership culture and creating a workplace where everyone thrives is a significant driver in our achievement of this award.”

The Real Leaders® Impact Awards celebrate companies committed to putting a dynamic spin on capitalism to solve the world’s greatest challenges. StoneAge’s commitment to building a better, more sustainable future is rooted in its unique ownership model and core values of teamwork, self-leadership, and delivering on the StoneAge Assurance Promise.

“We are thrilled to be recognized as a 2025 Top Impact Company by Real Leaders®,” said Kerry Siggins, President and CEO of StoneAge. “Our ongoing focus on building an ownership culture and creating a workplace where everyone thrives is a significant driver in our achievement of this award. We are proud to be an employee-owned company where everyone shares in the success of the company. Our “Own It” culture and employee ownership plan are changing peoples’ lives.”

As a 100% employee-owned company, StoneAge continues to set the standard in its industry, proving that purpose-driven leadership and economic success go hand in hand. This recognition by Real Leaders® reinforces StoneAge’s commitment to making a lasting, positive impact on its employees, customers, and the world at large.

About StoneAge

StoneAge, based in Durango, CO, is a leading manufacturer of industrial waterblast equipment. The company is 100% employee-owned, fostering an “Own It” culture that empowers its team to excel personally and professionally.

About Real Leaders®

Real Leaders® is the premier platform for purpose-driven leaders dedicated to creating a better world. Its annual Top Impact Companies list recognizes businesses leading the way in positive global impact.

Media Contact
Brittany Harris, StoneAge Inc, 1 9702592869, brittany.harris@stoneagetools.com, www.stoneagetools.com

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SOURCE StoneAge Inc

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Cognizant CEO Ravi Kumar S Honored with Prestigious Pravasi Bharatiya Samman Award

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BHUBANESWAR, India, Jan. 10, 2025 /PRNewswire/ — Ravi Kumar S, CEO of Cognizant, a leading global technology company, has been honored with the prestigious Pravasi Bharatiya Samman Award, the highest accolade awarded by the Government of India for overseas Indians. The honor was conferred by Smt. Droupadi Murmu, President of India at the Pravasi Bharatiya Divas Convention in Bhubaneswar, Odisha. The award acknowledges the outstanding contributions of the Indian diaspora for creating a better understanding of India abroad, supporting India’s causes and working for the welfare of the Indian community.

“I am deeply honored to receive the Pravasi Bharatiya Samman Award,” said Ravi Kumar S, CEO, Cognizant. “This recognition is a reflection of Cognizant’s steadfast commitment to India’s growth story. With nearly 70% of our 340,000-strong global workforce based in India, we are focused on advancing AI-first capabilities, driving innovation, and reinforcing India’s position as a global leader in digital talent.”

Ravi began his distinguished career as a nuclear scientist at the Bhabha Atomic Research Center of India. His dedication to empowering both current and future talent for the jobs of tomorrow through comprehensive skilling has been a cornerstone of his career. He is also a strong advocate for social and economic mobility, championing programs that elevate education, upskilling, and the empowerment of women, especially through public-private partnerships.

Under Ravi’s leadership, Cognizant launched the groundbreaking Synapse initiative in 2024, aiming to train one million people globally in emerging technologies by 2026, with a special emphasis on AI and a focus on India. The initiative has already reached over 275,000 individuals. Synapse builds on Cognizant’s longstanding commitment to economic mobility, supported by over $70 million in philanthropic funds through 117 grants to 77 organizations globally.

For the past three decades, Cognizant has been integral to India’s growth story and is the second-largest multinational employer in the Indian technology sector. Additionally, the company, through its Foundation in India and employee-volunteering program – Cognizant Outreach, has been dedicated to uplifting underserved communities and improving everyday lives.

Ravi was named CEO of Cognizant in January 2023 and joined the board of directors for the US-India Strategic Partnership Forum in 2024. He is a member of the board of directors of TransUnion. He is also on the board of governors of New York Academy of Sciences and the board of directors for the U.S. Chamber of Commerce. His full biography can be viewed here.

For the last 30 years, Cognizant has helped companies modernize technology, reimagine processes and transform experiences so they stay ahead in an ever-changing world. By leveraging cutting-edge digital technologies like AI, cloud, and process automation, Cognizant delivers industry-specific solutions through the expertise of its global workforce, helping clients engineer intuition into their businesses. With headquarters in the US, Cognizant footprint extends from India to Europe, North America, South America and the Middle East. In India, the company has a strong presence in Bengaluru, Bhubaneswar, Chennai, Coimbatore, Delhi-NCR, Hyderabad, Indore, Kochi, Kolkata, Mangaluru, Mumbai, and Pune.

About Cognizant 
Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes, and transform experiences to stay ahead in our fast-changing world. Together, we’re improving everyday life. See how at www.cognizant.com or @cognizant.

For more information, contact:

U.S.

Name Bill Abelson

Email william.abelson@cognizant.com

Europe / APAC

Name Christina Schneider

Email christina.schneider@cognizant.com

India

Name Rashmi Vasisht

Email rashmi.vasisht@cognizant.com

 

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SOURCE Cognizant Technology Solutions Corporation

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“Transform IT. Transform Everything:” Info-Tech LIVE 2025 Registration Opens for June 2025 IT Conference in Las Vegas

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Info-Tech Research Group has opened registration for its flagship event, Info-Tech LIVE 2025, taking place June 10–12 at The Bellagio, Las Vegas. The conference will bring together more than 3,000 IT leaders and experts to explore actionable strategies and insights under the theme “Transform IT. Transform Everything.”

TORONTO, Jan. 10, 2025 /PRNewswire/ – Info-Tech Research Group, a global leader in IT research and advisory, has announced that registration is now open for Info-Tech LIVE 2025, the premier event for IT leaders, set to take place June 10–12 at The Bellagio in Las Vegas. With this year’s theme, “Transform IT. Transform Everything.”, the conference is set to deliver actionable insights, hands-on sessions, and unparalleled networking opportunities designed to equip attendees with the tools and strategies to navigate today’s rapidly evolving IT landscape.

Building on the massive success of last year’s event, Info-Tech LIVE will bring together over 3,000 IT executives, offering a platform for learning, collaboration, and inspiration. Attendees can look forward to 50+ keynote sessions, 60+ industry roundtables and panels, 60+ breakout and workshop sessions, and more than 700 opportunities for one-on-one analyst discussions. LIVE 2025 also provides extensive opportunities for peer-to-peer networking, fostering meaningful connections and collaborative discussions within the IT space.

“LIVE 2025 is designed to empower IT leaders to drive meaningful change within their organizations by equipping them with actionable strategies to tackle today’s challenges and seize tomorrow’s opportunities,” says Info-Tech Research Group’s Chief Research Officer, Gord Harrison. “While our theme for LIVE 2025 is ‘Transform IT. Transform Everything.,’ we are also emphasizing our subtheme, ‘Research for Everyone.’ This approach highlights the importance of empowering entire teams, not just individual leaders. True IT transformation happens when CIOs invest in upskilling their teams, fostering collaboration, and enabling everyone to contribute to innovation that reshapes organizations as a whole.”

Info-Tech LIVE 2025 Preliminary Agenda Highlights

LIVE 2025 will feature sessions tailored to IT leaders that focus on pressing topics and address real-world challenges, ensuring attendees leave equipped with solutions that translate theory into action. Some of the main sessions will highlight:

Emerging Technology Trends: An exploration of advancements shaping the IT landscape, with a focus on their implications for organizational strategy and innovation.AI and Analytics Strategies: Practical insights into implementing AI solutions and leveraging analytics to improve decision-making and drive business innovation.Cybersecurity Challenges and Resilience: Frameworks and approaches for managing risk and enhancing resilience in an increasingly complex cybersecurity environment.Leadership Development and Talent Strategies: Strategies for building and sustaining high-performing IT teams while addressing workforce challenges and future talent needs.Operational Efficiency and IT Transformation: Guidance on optimizing IT processes to align with broader organizational goals and achieve operational excellence.

What Info-Tech LIVE 2025 Offers the IT Industry

Expert-Led Keynotes and Panels: Sessions led by industry experts and thought leaders, offering insights into critical trends and strategies shaping the future of IT.Hands-On Workshops: Interactive sessions designed to equip participants with practical strategies and tools to address organizational challenges effectively.Peer Networking: Opportunities to connect with IT professionals and executives from a wide range of industries, fostering collaboration and knowledge sharing.One-on-One Analyst Discussions: Personalized sessions with Info-Tech’s renowned analysts, providing tailored guidance and actionable insights to support strategic initiatives.

Media Pass Applications

Media professionals, including journalists, podcasters, and influencers, are invited to attend Info-Tech LIVE 2025 to gain exclusive access to research, content, and interviews with industry leaders. For those unable to attend in person, Info-Tech offers a digital pass option, providing access to live-streamed keynotes, select sessions, and exclusive virtual interviews with speakers and analysts.

Media professionals looking to apply for in-person or digital passes can contact pr@infotech.com to secure their spot and cover the latest advancements in IT directly from the event or remotely.

Exhibitor Opportunities

Exhibitors are also invited to be part of Info-Tech LIVE and showcase their products and services to a highly engaged audience of IT decision-makers. For more information about becoming an Info-Tech LIVE exhibitor, please contact events@infotech.com.

Further details on keynote speakers and agenda will be announced in the coming weeks and months. Follow Info-Tech Research Group on LinkedIn and X for updates.

About Info-Tech Research Group

Info-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.

To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software-buying insights. 

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com.

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SOURCE Info-Tech Research Group

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