Virtual Fitness Market Growth, Demand and Challenges of the Key Industry Players 2028 - PowerPoint PPT Presentation

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Virtual Fitness Market Growth, Demand and Challenges of the Key Industry Players 2028

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According to the latest research report by IMARC Group, The global virtual fitness market size reached US$ 16.07 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 94.30 Billion by 2028, exhibiting a growth rate (CAGR) of 31.50% during 2023-2028. More Info:- – PowerPoint PPT presentation

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Title: Virtual Fitness Market Growth, Demand and Challenges of the Key Industry Players 2028


1
Global Virtual Fitness Market Research and
Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
2
About IMARC Group
Report Description
The International Market Analysis Research and
Consulting Group is a leading adviser on
management strategy and market research
worldwide. We partner with clients in all sectors
and regions to identify their highest-value
opportunities, address their most critical
challenges, and transform their
businesses. IMARCs information products include
major market, scientific, economic and
technological developments for business leaders
in pharmaceutical, industrial, and high
technology organizations. Market forecasts and
industry analysis for biotechnology, advanced
materials, chemicals, food and beverage, travel
and tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global Virtual Fitness Market Research
Report The latest report by IMARC, titled
Virtual Fitness Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2023-2028 the global virtual fitness market size
reached US 16.07 Billion in 2022. Virtual
fitness refers to the digitalized delivery of
health and fitness services, often facilitated
through advanced technology platforms. This
approach allows individuals to partake in fitness
activities and routines in the comfort of their
own surroundings rather than in traditional
fitness centers or gyms. It comprises
pre-recorded or live video classes, personalized
training programs, and gamified workout
experiences, among other offerings. This
convenience-driven solution is integrated with
cutting-edge technologies, such as artificial
intelligence (AI), virtual reality (VR), and the
Internet of Things (IoT), which has made fitness
more accessible and personalized, enabling users
to undertake fitness activities that align with
their schedules, capabilities, and
preferences. Request Free Sample Report
https//www.imarcgroup.com/virtual-fitness-market/
requestsample
4
Report Description and Highlights
Report Description

Global Virtual Fitness Market Trends The
escalating consumer demand for convenient,
flexible, and personalized fitness solutions
majorly drives the global market. This can be
supported by the fast-paced lifestyles of
contemporary society, in which traditional gym
routines are challenging to maintain. Along with
this, the recent COVID-19 pandemic is impacting
the market, as consumers turned to virtual
fitness solutions to stay active during
widespread lockdowns and social distancing
measures. In addition, the continuous
advancements in technology are significantly
supporting the market. For instance, the
increasing adoption of AI, VR, and IoT in
creating immersive, engaging, and tailored
fitness experiences is playing a significant role
in attracting more users. Apart from this,
considerable rise in the adoption of wearable
devices for fitness tracking and personalized
feedback is contributing to the market.
Moreover, the emerging trend of corporate
wellness programs, wherein companies offer
virtual fitness solutions to their employees to
improve health and productivity, is creating a
positive market outlook. Some of the other
factors driving the market include growing
environmental concerns, rapid urbanization, and
inflating disposable income levels of
individuals. Looking forward, the market value is
projected to reach US 94.30 Billion by 2028,
expanding at a CAGR of 31.50 during
2023-2028. Looking forward, the market value is
projected to reach a strong growth during the
forecast period (2023-2028).
5
Report Description and Highlights
Report Description
Market Summary Session Type Insights
Group Solo Streaming Type Insights
Live On-Demand Device Type Insigh
ts Smart TV Smartphones
Laptops and Desktops Tablets Reven
ue Model Insights Subscription
Advertisement Hybrid

6
Report Description and Highlights
Report Description
End User Insights Professional Gyms
Sports Institutes Defense Institu
tes Educational Institutions C
orporate Institutions Individuals
Others Regional Insights North Ame
rica United States
Canada Europe Ger
many France Un
ited Kingdom Italy
Spain Others

7
Report Description and Highlights
Report Description
Asia Pacific China
Japan India
South Korea Austral
ia Indonesia O
thers Latin America Br
azil Mexico Ot
hers Middle East and Africa

8
Report Description and Highlights
Report Description
  • Competitive Landscape with Key Players
  • Econofitness Fitness On Demand Les Mills Internati
    onal Ltd. Mindbody Inc. Move Technologies Group Lt
    d. Nexercise Inc. Peloton Interactive Inc. Viva Le
    isure Limited VIXY BV Wellbeats Inc. (LifeSpeak (U
    SA) Inc.) Wexer Virtual Limited
  • View Full Report with TOC List of Figure
    https//www.imarcgroup.com/virtual-fitness-market

9
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
10
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
11
Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
12

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