Global Digital Fitness Market to See Tremendous Growth through 2022, Forecasts Lucintel in Its New Topical Report Available at MarketPublishers.com
26 Jul 2017 • by Natalie Aster
LONDON – The future of the world’s market for digital fitness looks promising with lucrative opportunities emerging in smart wearable sports and fitness devices sectors. By 2022, the global digital fitness market is forecast to cross USD 27.4 billion in value terms, registering tremendous CAGR of 32.6% over 2017-2022. Escalating demand for user-friendly and self-monitoring devices, and enhancing awareness about fitness and keeping fit are the key drivers of the market growth.
Prominent emerging trends having a direct impact on the digital fitness market dynamics comprise introduction of cross over products and integration and cross-compatibility of personal health data.
The smartwatch sector is poised to remain the biggest market sector, and it will likely exhibit the highest growth rates owing to products’ versatile features as s wristband, rising disposable income, escalating health awareness and multi-functionality features.
North America is anticipated to continue holding the top position in the world market in terms of size owing to rising obesity prevalence and enhancing awareness of physical fitness.
The prominent suppliers active in the digital fitness market comprise Apple, Fitbit, Samsung Electronics, Garmin and Adidas.
The new topical research report “Growth Opportunities in the Global Digital Fitness Market” prepared by Lucintel presents access to top-level market data, highlighting the market size, shares, growth rates and value; includes a detailed analysis of the market historical and current performance at different geographical levels, explores the market dynamics and covers the major market growth influencing forces. It contains an in-depth assessment of the market segments on the basis of products, categories, applications and geography. Besides, the report touches upon the competitive scenario and gives info on the major participants. In addition, this study includes data on the major threats and opportunities, and provides a comprehensive future outlook through 2022.
Many other topical research studies worked out by this publisher are offered at the Lucintel page at MarketPublishers.com.