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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.<br><br>More Info:- https://www.imarcgroup.com/virtual-fitness-market
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Global Virtual Fitness Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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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
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).
Report Description and Highlights Report Description Market Summary: Session Type Insights: • Group • Solo Streaming Type Insights • Live • On-Demand Device Type Insights: • Smart TV • Smartphones • Laptops and Desktops • Tablets Revenue Model Insights • Subscription • Advertisement • Hybrid
Report Description and Highlights Report Description End User Insights: • Professional Gyms • Sports Institutes • Defense Institutes • Educational Institutions • Corporate Institutions • Individuals • Others Regional Insights: • North America • United States • Canada • Europe • Germany • France • United Kingdom • Italy • Spain • Others
Report Description and Highlights Report Description • Asia Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa
Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • Econofitness Fitness On Demand Les Mills International Ltd. Mindbody Inc. Move Technologies Group Ltd. Nexercise Inc. Peloton Interactive Inc. Viva Leisure Limited VIXY BV Wellbeats Inc. (LifeSpeak (USA) Inc.) Wexer Virtual Limited View Full Report with TOC & List of Figure: https://www.imarcgroup.com/virtual-fitness-market
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