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Online/Virtual Fitness Global Market Report 2022, By End User, By Revenue Model - Global Forecast To 2031
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The online/virtual fitness global market report by the business research company identifies the rising penetration of smart devices to be a major growth driver for the Online/Virtual Fitness market. Smart devices are devices that are connected to other devices or networks via different wireless protocols such as Bluetooth, Zigbee, NFC, Wi-Fi, LiFi, and 5G and help in keeping track of a person's day-to-day activities. Smart devices enable users to access online fitness content.
The global online/virtual fitness market is expected to grow from $11.39 billion in 2021 to $16.15 billion in 2022 at a compound annual growth rate (CAGR) of 41.84%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The online/virtual fitness market is expected to reach $79.87 billion in 2026 at a CAGR of 49.12%.
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North America was the largest region in the online/virtual fitness market in 2021. Asia Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the online/virtual fitness market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the online/virtual fitness market are ClassPass Inc., FITBIT, INC., Fitness On Demand, Les Mills International Ltd., Navigate Wellbeing Solutions, Reh-Fit Centre, Sworkit Company, Viva Leisure, Wellbeats Inc., Zwift, Peloton Interactive, Inc, Health Clubs & Gyms, Fast Lean Fitness centre and Gym, Charter Fitness Inc., and MoveGB.
The global online/virtual fitness market is segmented -
1) By Device Type: Smart TV, Smartphones, Laptops, Desktops, and Tablets
2) By End User: Professional Gyms, Sports Institutes, Defense Institutes, Educational Institutions, Corporate Institutions, Individuals
3) By Revenue Model: Subscription, Advertisement, Hybrid.
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The Online/Virtual Fitness Market Report Contents Include
1. Executive Summary
2. Online/Virtual Fitness Market Characteristics
3. Online/Virtual Fitness Market Trends And Strategies
4. Online/Virtual Fitness Market - Macro Economic Scenario
5. Online/Virtual Fitness Market Size And Growth
....
26. Africa Online/Virtual Fitness Market
27. Online/Virtual Fitness Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Online/Virtual Fitness Market
29. Online/Virtual Fitness Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the Online/Virtual Fitness market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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