The research report on online fitness market, in substance, presents an exclusive understanding of the vast expanse of the business space in question. The report comprises a gist of the industry by means of providing an executive summary, industry insights, industry ecosystem analysis, market segmentation, and global trends. Furthermore, the study also provides deliverables pertaining to the regulatory and competitive landscapes and the strategic perspectives of various industry contenders with respect to the market.
A rise in health consciousness among people globally has magnified online fitness market share, due to increasing cases of serious illnesses like cardiovascular diseases, liver and kidney illnesses, cancer, and diabetes. An increase in disposable income among people over the years has supported the demand for consumer electronics such as smartphones, tablets, laptops, and smart TVs, across the globe.
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Rising penetration of internet connectivity as well as smartphones, smart TVs, and tablets is helping fitness enthusiasts to conveniently stream high-quality videos. Smartphones are projected to bring significant revenues for the virtual fitness industry as they are extensively utilized to stream videos online to offer portability and ease of use. The fitness apps can be favorably viewed and downloaded on smartphones.
Device developers such as Samsung Corporation and Sony Corporation are coming up with high-quality smart TVs for virtual fitness classes to help users watch HD videos while rendering an enhanced audio-visual experience. Furthermore, robust wireless infrastructure for the devices are facilitating seamless online streaming of videos on smartphones and smart TVs, enhancing accessibility to online fitness programs.
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In terms of regional expanse, European users have emerged as key consumers for virtual services, with growing popularity of on-demand sessions for cardio workouts like exercise bikes, treadmills, and climbers. As per the European Heart Network, cardiovascular diseases are responsible for nearly 45% of the total deaths in the region. Death rates due to ischemic heart disease and stroke are considerably high in the Central and Eastern parts of Europe.
Some of the leading online fitness market players include Viva Leisure, Fitness First, Peerfit Inc., FitnessOnDemand, MoveGB, and Viva Leisure, among various others.
Major Key Points from Table of Content:
Chapter 5. Online Fitness Market, By Streaming Type
5.1. Key trends, by streaming type
5.2. Live
5.2.1. Market estimates and forecast, 2016 – 2026
5.3. On–demand
5.3.1. Market estimates and forecast, 2016 – 2026
Chapter 6. Online Fitness Market, By Session Type
6.1. Key trends, by session type
6.2. Group
6.2.1. Market estimates and forecast, 2016 – 2026
6.3. Solo
6.3.1. Market estimates and forecast, 2016 – 2026
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