Executive Summary
The Global Connected Fitness Market was valued at USD 1068.10 Million in the year 2020. Increasing fitness consciousness among people across the globe, along with rapid digitalisation of numerous industries at a global level, is driving the market. Smart fitness equipment provides better clarity on the performance of the users by tracking, monitoring, and analysing their workouts. This has driven the popularity of such devices and equipment among sports enthusiasts and athletes, thereby having a positive impact on connected fitness market growth.
Based on Type, Software Segment is expected to grow significantly as with people exercising without the guidance of a trainer or a coach, technology has emerged as the only respite. Following the suite of many other sectors, the fitness industry has also witnessed a massive digital transformation during the pandemic which is accelerating the market of software segment in connected fitness market worldwide.
Asia pacific region is anticipated to grow enormously on account of the growing working population in addition to rapid urbanisation in emerging nations of Asia Pacific region, backing the growth in the market. Countries such as India, China and Japan present lucrative market for Connected Fitness.
Furthermore, increasing busy lifestyle has been leading to the growing physical inactivity among is giving an acceleration to the connected fitness market. In addition, rising obesity concerns along with increased awareness among people to maintain health has been a key factor augmenting the market demand.
Scope of the Report
- The report presents the analysis of Connected Fitness market for the historical period of 2016-2020 and the forecast period of 2021-2026.
- The report analyses the Connected Fitness Market by value (USD Million).
- The report analyses the Connected Fitness Market by Type (Hardware, Software).
- The report analyses the Connected Fitness Market by Application (Exercise & Weight Loss, Diet & Nutrition, Activity Tracking).
- The report analyses the Connected Fitness Market by End Use (Home, Health Clubs/ Gyms)
- The Global Connected Fitness Market has been analysed by countries (United States, Canada, Italy, U.K, Germany, France, China, Japan, India, Australia).
- The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by Type, by Application, by End Use.
- Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
- The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Peloton, Planet Fitness, YETI Holdings, Garmin, Callaway, Under Armour, Nike, Cosco, Fitbit, Performax.
Key Target Audience
- Connected Fitness Industry Vendors
- Fitness Equipment Manufacturers
- Consulting and Advisory Firms
- Government and Policy Makers
- Regulatory Authorities
Table of Contents
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Global Connected Fitness Market: Product Overview
4. Global Connected Fitness Market: An Analysis
4.1 Market Size, By Value, 2016-2026
4.2 Impact of COVID-19 on Global Connected Fitness Market
4.3 Global Connected Fitness Market : Growth & Forecast
5. Global Connected Fitness Market: Segmental Analysis
5.1 Global Connected Fitness Market by Type
5.2 Competitive Scenario of Global Connected Fitness Market- By Type
5.3 By Hardware, By Value (USD Billion), 2016-2026
5.4 By Software, By Value (USD Billion), 2016-2026
6. Global Connected Fitness Market By Application
6.1 Global Connected Fitness Market by Application
6.2 Competitive Scenario of Global Connected Fitness Market- By Application
6.3 By Exercise & Weight Loss, By Value (USD Billion), 2016-2026
6.4 By Diet & Nutrition, By Value (USD Billion), 2016-2026
6.5 By Activity Tracking, By Value (USD Billion), 2016-2026
7. Global Connected Fitness Market By End Use
7.1 Global Connected Fitness Market by End Use
7.2 Competitive Scenario of Global Connected Fitness Market- By End Use
7.3 By Home, By Value (USD Billion), 2016-2026
7.4 By Health Club/ Gym, By Value (USD Billion), 2016-2026
7.5 By Other, By Value (USD Billion), 2016-2026
8. North America Connected Fitness Market: An Analysis (2016-2026)
8.1 North America Connected Fitness Market by value: Size and Forecast (2016-2026)
8.2 North America Connected Fitness Market: Growth & Forecast
8.3 North America Connected Fitness Market: Prominent Companies
8.4 Market Segmentation By Type (Hardware, Software)
8.5 Market Segmentation By Application (Exercise & Weight Loss, Diet & Nutrition, Activity Tracking)
8.6 Market Segmentation By End Use (Home, Gyms/ Health Clubs, Other)
8.7 North America Connected Fitness Market: Country Analysis
8.8 Market Opportunity Chart of North America Connected Fitness Market - By Country, By Value (Year-2026)
8.9 Competitive Scenario of North America Connected Fitness Market- By Country
8.10 United States Connected Fitness Market: Size and Forecast (2016-2026)
8.11 United States Connected Fitness Market by Type, by Application, End Use
8.12 United States Connected Fitness Market: Growth & Forecast
8.13 Canada Connected Fitness Market: Size and Forecast (2016-2026)
8.14 Canada Connected Fitness Market Segmentation by Type, by Application, End Use
8.15 Canada Connected Fitness Market: Growth & Forecast
9. Europe Connected Fitness Market: An Analysis (2016-2026)
9.1 Europe Connected Fitness Market by value: Size and Forecast (2016-2026)
9.2 Europe Connected Fitness Market: Growth & Forecast
9.3 Europe Connected Fitness Market: Prominent Companies
9.4 Market Segmentation By Type (Hardware, Software)
9.5 Market Segmentation By Application (Exercise & Weight Loss, Diet & Nutrition, Activity Tracking)
9.6 Market Segmentation By End Use (Home, Gyms/ Health Clubs, Other)
9.7 Europe Connected Fitness Market: Country Analysis
9.8 Market Opportunity Chart of Europe Connected Fitness Market - By Country, By Value (Year-2026)
9.9 Competitive Scenario of Europe Connected Fitness Market- By Country
9.10 United Kingdom Connected Fitness Market: Size and Forecast (2016-2026)
9.11 United Kingdom Connected Fitness Market by Type, by Application, End Use
9.12 United Kingdom Connected Fitness Market: Growth & Forecast
9.13 Germany Connected Fitness Market: Size and Forecast (2016-2026)
9.14 Germany Connected Fitness Market Segmentation by Type, by Application, End Use
9.15 Germany Connected Fitness Market: Growth & Forecast
9.16 Italy Connected Fitness Market: Size and Forecast (2016-2026)
9.17 Italy Connected Fitness Market by Type, by Application, End Use
9.18 Italy Connected Fitness Market: Growth & Forecast
9.19 France Connected Fitness Market: Size and Forecast (2016-2026)
9.20 France Connected Fitness Market: Growth & Forecast
9.21 France Connected Fitness Market Segmentation by Type, by Application, End Use
10. Asia Pacific Connected Fitness Market: An Analysis (2016-2026)
10.1 APAC Connected Fitness Market by value: Size and Forecast (2016-2026)
10.2 APAC Connected Fitness Market: Growth & Forecast
10.3 APAC Connected Fitness Market: Prominent Companies
10.4 Market Segmentation By Type (Hardware, Software)
10.5 Market Segmentation By Application (Exercise & Weight Loss, Diet & Nutrition, Activity Tracking)
10.6 Market Segmentation By End Use (Home, Gyms/ Health Clubs, Other)
10.7 APAC Connected Fitness Market: Country Analysis
10.8 Market Opportunity Chart of Asia Pacific Connected Fitness Market - By Country, By Value (Year-2026)
10.9 Competitive Scenario of Asia Pacific Connected Fitness Market- By Country (2020 & 2026)
10.10 China Connected Fitness Market: Size and Forecast (2016-2026)
10.11 China Connected Fitness Market Segmentation by Type, by Application, End Use
10.12 China Connected Fitness Market : Growth & Forecast
10.13 Japan Connected Fitness Market: Size and Forecast (2016-2026)
10.14 Japan Connected Fitness Market Segmentation by Type, by Application, End Use
10.15 Japan Connected Fitness Market : Growth & Forecast
10.16 India Connected Fitness Market: Size and Forecast (2016-2026)
10.17 India Connected Fitness Market Segmentation by Type, by Application, End Use
10.18 India Connected Fitness Market : Growth & Forecast
10.19 Australia Connected Fitness Market: Size and Forecast (2016-2026)
10.20 Australia Connected Fitness Market Segmentation by Type, by Application, End Use
10.21 Australia Connected Fitness Market : Growth & Forecast
11. LAMEA Connected Fitness Market: An Analysis (2016-2026)
11.1 LAMEA Connected Fitness Market by value: Size and Forecast (2016-2026)
11.2 LAMEA Connected Fitness Market: Growth & Forecast
11.3 Market Segmentation By Type (Hardware, Software)
11.4 Market Segmentation By Application (Exercise & Weight Loss, Diet & Nutrition, Activity Tracking)
11.5 Market Segmentation By End Use (Home, Gyms/ Health Clubs, Other)
12. Global Connected Fitness Market Dynamics
12.1 Global Connected Fitness Market Drivers
12.2 Global Connected Fitness Market Restraints
12.3 Global Connected Fitness Market Trends
13. Market Attractiveness and Strategic Analysis
13.1 Market Attractiveness Chart of Global Connected Fitness Market - By Type (Year 2026)
13.2 Market Attractiveness Chart of Global Connected Fitness Market - By Application (Year 2026)
13.3 Market Attractiveness Chart of Global Connected Fitness Market - By End Use (Year 2026)
13.4 Market Attractiveness Chart of Global Connected Fitness Market - By Region (Year 2026)
14.Competitive Landscape
14.1 Market Share of global leading companies
14.2 SWOT Analysis- Global Connected Fitness Market
14.3 Porter Five Forces Analysis-Global Connected Fitness Market
15. Company Profiles (Business Description, Financial Analysis, Business Strategy)
15.1 Peloton
15.2 Planet Fitness
15.3 YETI Holdings
15.4 Garmin
15.5 Callaway
15.6 Under Armour
15.7 Nike
15.8 Cosco
15.9 Fitbit
15.10 Performax
List of Figures
Figure 1: Global Connected Fitness Market Size, By Value, 2016-2026 (USD Million)
Figure 2: Annual Deaths from High BMI (in Millions)
Figure 3: Adoption of Health & Fitness Tech (In millions)
Figure 4: Global Internet Penetration, 2021 (In %)
Figure 5: Global Number of Internet Users, By Region, March 2021 (in %)
Figure 6: Global Connected Fitness Market- By Type Market Share, 2020 & 2026
Figure 7: Global Connected Fitness Market- By Hardware, By Value (USD Million), 2016-2026
Figure 8: Global Connected Fitness Market- By Software, By Value (USD Million), 2016-2026
Figure 9: Global Connected Fitness Market- By Application, Market Share, 2020 & 2026
Figure 10: Global Connected Fitness Market- By Exercise & Weight Loss (USD Million), 2016-2026
Figure 11: Global Connected Fitness Market- By Diet & Nutrition (USD Million), 2016-2026
Figure 12: Global Connected Fitness Market- By Activity Tracking (USD Million), 2016-2026
Figure 13: Global Connected Fitness Market- By End Use, Market Share, 2020 & 2026
Figure 14: Global Connected Fitness Market- By Home (USD Million), 2016-2026
Figure 15: Global Connected Fitness Market- By Health Clubs/Gyms (USD Million), 2016-2026
Figure 16: Global Connected Fitness Market- By Other (USD Million), 2016-2026
Figure 17: Global Connected Fitness Market- By Region Market Share, 2020 & 2026
Figure 18: North America Connected Fitness Market Size, By Value, 2016-2026 (USD Million)
Figure 19: North America Working Population (in millions), 2015-2019
Figure 20: North America Internet Penetration (% of total), By countries 2019
Figure 21: North America Age Distribution 2020 (in millions)
Figure 22: North America Per Capita GDP (USD Thousand) 2015-2019
Figure 23: North America Connected Fitness Market- By Type, By Value (USD Million), 2016-2026
Figure 24: North America Connected Fitness Market- By Application, By Value (USD Million), 2016-2026
Figure 25: North America Connected Fitness Market- By End Use, By Value (USD Million), 2016-2026
Figure 26: Market Opportunity Chart of North America Connected Fitness Market- By Country, By Value (Year-2026)
Figure 27: North America Connected Fitness Market- By Country Market Share, 2020 & 2026
Figure 28: United States Connected Fitness Market Size, By Value, 2016-2026 (USD Million)
Figure 29: United States Connected Fitness Market- By Type, By Value (USD Million), 2016-2026
Figure 30: United States Connected Fitness Market- By Application, By Value (USD Million), 2016-2026
Figure 31: United States Connected Fitness Market- By End Use, By Value (USD Million), 2016-2026
Figure 32: Number of Smartphone users in United States (In Millions), 2018-2025E
Figure 33:
Peloton
Planet Fitness
YETI Holdings
Garmin
Callaway
Under Armour
Nike
Cosco
Fitbit
Performax.