Fitness App Global Market Report 2023– By Type (Workout and Exercise Apps, Disease Management, Lifestyle Management, Nutrition and Diet, Medication Adherence), By Platform (Android, iOS, Other Platforms), By Device (Smartphones, Tablets, Wearable Devices), By Application (Tracking, Training, Fitness games, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

Home fitness equipment refers to any equipment or tool used during physical activity at home to improve the experience or results of a workout regimen by adding fixed or adjustable quantities of resistance or to otherwise improve the strength or conditioning effects of that exercise. The main product types of home fitness equipment are treadmills, elliptical machines, rowing machines, strength training equipment, and others with applications in homes, small gyms, offices, and others. An elliptical machine is a stationary workout machine that allows you to climb stairs, walk, or run without putting too much strain on the joints, reducing the chance of impact injuries. It is distributed through offline retail stores, online retail stores, and direct selling and is used in homes, small gyms, offices, and others. The global home fitness equipment market is segmented - 1) By Product: Treadmills, Elliptical Machines, Rowing Machines, Strength Training Equipment, Other Products 2) By Applications: Home, Small Gyms, Offices, Other Applications 3) By Distribution Channel: Offline Retail Stores, Online Retail Stores, Direct Selling The global home fitness equipment market size is expected to grow from $15.13 billion in 2022 to $16.55 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. 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, causing inflation across goods and services and affecting many markets across the globe. The market size of global home fitness equipment is expected to grow to $24.28 billion in 2027 at a CAGR of 10.1%. Precautionary healthcare coupled with an increasing preference for customized workout regimes has contributed to the growth of the home fitness equipment market. Today people are inclined towards maintaining an active lifestyle with regular exercise which can maintain a healthy weight and decrease the risk of chronic diseases. According to the Mayo Clinic, an American nonprofit academic medical center, 150 to 300 minutes of moderate-intensity activity is needed in a week which includes physical activities such as fast walking or swimming as an important part of preventive care and to prevent weight gain. People prefer to have a customized workout and are getting trained by online experts and individual training courses in order to meet their requirements. Preventive and precautionary healthcare and customized workout regimes have increased the demand for home fitness equipment market. Major players in the home fitness equipment market are Cybex, Nautilus, Precor, Technogym, Fitnessathome, Fitness World, Johnson Health Tech, NordicTrack, ProForm, TRUE Fitness, Vectra Fitness, Woodway, HOIST Fitness Systems, Amer Sports, Icon Health And Fitness, Torque Fitness LLC., Impulse (Qingdao) Health Tech Co. Ltd., Brunswick Corporation and Paramount. Space limitation in homes is expected to limit the growth of the home fitness equipment market. People living in cities are confined to small homes or apartments to manage their expenses, which limits the amount of space for fitness equipment. According to the American Council on Exercise, a treadmill or elliptical machine occupies 30 square feet, a stationary bike occupies 10 square feet, a rowing machine occupies 20 square feet, and free weights occupy 20 to 50 square feet of space. Moreover, the average size of a simple weight bench is 50 inches long and 19 inches wide. Therefore, it is difficult for the user to adjust everything in small spaces. Reduced space in houses resulting in space limitation for fitness equipment is hindering the market growth. Virtual reality fitness equipment, accessories and apps are the emerging trends in the home fitness equipment market to get physical workouts, which can inspire and motivate to keep up fitness goals with fun games and real-life training scenarios. They not only inspire and motivate into working out and firming up the body but also saves thousands of dollars on cross trainers, treadmills and stationary bikes. For instance, the VR Fitness Company is creating the world’s first reality gym experience by providing virtual reality fitness machines that are built to give a safe and fun aerobic session for all fitness levels and making exercise a lot more fun and exciting. Virtual reality accessories are also available in the market which is connected to fitness equipment over Bluetooth and are compatible with the fitness equipment. In December 2020, Peloton Interactive, Inc., a US-based exercise and media company acquired Precor Incorporated for an amount of $420 million. Through this acquisition, Peloton increases its increased R&D capabilities, expanded U.S. manufacturing presence, and accelerated commercial vertical expansion to improve the customer experience. Precor Incorporated is a US-based fitness equipment manufacturing company that pioneers in the design, development of fitness programs, and manufacturing of exercise equipment for home and commercial purposes. Asia-Pacific was the largest region in the home fitness equipment market in 2022. Western Europe was the second largest region in the home fitness equipment market report. The regions covered in the home fitness equipment analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the home fitness equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The home fitness equipment market consists of sales of cardiovascular training equipment, stationary cycles, dumbbells, kettlebells, store-based equipment, and in-home gym equipment. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The home fitness equipment market research report is one of a series of new reports from The Business Research Company that provides home fitness equipment market statistics, including home fitness equipment industry global market size, regional shares, competitors with a home fitness equipment market share, detailed home fitness equipment market segments, market trends and opportunities, and any further data you may need to thrive in the home fitness equipment industry. This home fitness equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Online or virtual fitness is the fusion of fitness with technology. Online fitness is when a coach or personal trainer provides people with fitness coaching through the internet. Online or virtual fitness is provided through training videos offered through an app or online dashboard run by the coach. The main devices used to access online/virtual fitness services include smart TVs, smartphones, laptops, desktops, and tablets. Smart TVs and smartphones enable consumers to access online fitness services through apps and track physical activity. Laptops, desktops, and tablets enable consumers to access online fitness services through apps and websites. Major end-user of online/virtual fitness include professional gyms, sports institutions, defense institutes, educational institutions, corporate institutions, and individuals. Professional gyms include physical fitness facilities, weight-reducing clubs, health clubs, and exercise salons. Sports institutions include arenas, stadiums, and sports clubs. Defense institutes provide various self-defense training, including martial arts classes, the use of pepper sprays, and other self-defense weapons. Educational institutions are involved in providing educational training and development. Individuals are a major end-user of online/virtual fitness services such as exercise classes, yoga sessions, meditation classes, sports classes, and others. The global online or 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 The global online/virtual fitness market size grew from $15.65 billion in 2022 to $21.82 billion in 2023 at a compound annual growth rate (CAGR) of 39.4%. 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, causing inflation across goods and services and affecting many markets across the globe. The market size of the online/virtual fitness market is expected to grow to $76.57 billion in 2027 at a CAGR of 36.9%. The rising penetration of smart devices is expected to propel the growth of 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. According to a survey conducted across Australia, Belgium, China, Greece, Ireland, Italy, KSA, Netherlands, Spain, Sweden, the U.K., and the U.S. by OMD Worldwide, a US-based media communications agency, it has been found that 61% of people own a smart device. Therefore, the rising penetration of smart devices is driving the growth of the online-virtual fitness market. 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 on-demand offering is a key trend gaining popularity in the online-virtual fitness market. On-demand online fitness services enable consumers to access fitness sessions at their convenience with their choice of workout programs, exercise difficulty levels, and trainers. For instance, in May 2022, Johnson Health Technology Company, a US-based online fitness services company, launched Matrix Connected solutions through which gyms and fitness owners can create digital experiences for their members and people can take on-demand exclusive training cycles. In October 2021, LifeSpeak Inc., a leading provider of mental health and total wellbeing platform, acquired LIFT Digital Inc., an online wellness company. With this acquisition, LifeSpeak aims to capitalize on LIFT’s client base which includes many blue-chip organizations, and execute on its plan to accelerate growth through acquisitions. North America was the largest region in the online/virtual fitness market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the online/virtual fitness market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the online/virtual fitness market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The online/virtual fitness market includes revenues earned by entities by providing services, which can be used for the online accessibility of health and wellness to fitness-conscious consumers or persons who might not be keen or able to visit a gym. Virtual or online fitness is a convenience-based fitness/wellness service to the users to access a trainer online/virtually rather than visiting the fitness facility. Usually, the fitness training videos are provided on the web dashboards or fitness apps that are managed by the fitness trainer. In addition, virtual fitness sensors in smartphones and wearable enable various virtual fitness applications like sleep monitoring and running rhythm tracking to enhance users’ lifestyles and health. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The online/virtual fitness market research report is one of a series of new reports from The Business Research Company that provides online/virtual fitness market statistics, including the line/virtual fitness industry global market size, regional shares, competitors with an online/virtual fitness market share, detailed online/virtual fitness market segments, market trends and opportunities, and any further data you may need to thrive in the online/virtual fitness industry. This online/virtual fitness market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The application development software refer to the process of designing, developing, and implementing software applications for various industrial uses. The application development can be done by a large team or a single programmer as well and describes the process of how the application is made, and generally follows a standard methodology. The main types of application development software are low code and no code. Low code development is an approach to software development to optimize the development process and speed up the delivery of the software, thus helping the enterprises to automate every step of the application of the product lifecycle. The various deployment types of application development software are on-cloud and on premise. Application development software is mainly used by organizations such as small and medium enterprises and large enterprises. The various applications of application development software are media and entertainment, telecom and IT, BFSI, and healthcare. The global application development software market is segmented - 1) By Type: Low Code, No Code 2) By Organization Size: SMEs, Large Enterprises 3) By Deployment: Cloud, On Premise 4) By Application: Media and Entertainment, Telecom and IT, BFSI, Healthcare The global application development software market size will grow from $260.79 billion in 2022 to $334.86 billion in 2023 at a compound annual growth rate (CAGR) of 28.4%. 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, causing inflation across goods and services and affecting many markets across the globe. The market size of the application development software is expected to grow to $915.96 billion in 2027 at a CAGR of 28.6%. The increasing demand for customized apps is expected to propel the growth of the application development software market. Customized apps offer features such as being friendly to hybrid environments, serving niche and complex needs, easy integration with platforms, and better performance. According to a survey conducted by SmarterHQ, a US-based provider of a customer intelligence-driven marketing automation platform, on Data Privacy and Consumer Trust, 72% of consumers say that they only engage with personalized messaging and 80% of frequent shoppers only shop with brands that personalize the online experience. Therefore, increasing demand for customized apps is expected to drive the application development software market growth. Major players in the application development software are Alphabet Inc., AppSheet, Axure RP, Azure, CA Techology, Compuware Corporation, Datadog Cloud Monitoring, Fujitsu Ltd., GitHub, Google Cloud Platform, HCL Technologies, HP, IBM Corporation, Joget Workflow, Microsoft Corporation, Oracle Corporation, Salesforce, SAP HANA Cloud Platform, ServiceNow Inc., Snappii Custom Mobile Apps, Wipro Limited, and Zoho Corporation. The low code app development platform is a key trend gaining popularity in the application development software market. Low code development is an approach of software development to optimize the development process and speed up the delivery of the software, thus helping the enterprises to automate every step of the application of the product lifecycle. For instance, in June 2021, Salesforce, a US-based software company, released a powerful set of low-code development tools that allow everyone within an organization, to create and ship apps on a single platform. The platform includes interactive app development and automation, along with the new elastic computing, identity management, AI-driven data protection, and DevOps capabilities to help teams drive business outcomes faster. In January 2021, Cognizant, a US-based information technology services and consulting company, acquired Magenic Technologies for an undisclosed amount. The acquisition is expected to enable Cognizant to enhance its capabilities in software development and cloud modernization along with Cognizant's software product engineering footprint. Magenic Technologies is a US-based custom software development services company. North America was the largest region in the application development software market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the application development software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the application development software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The application development software market includes revenues earned by entities by providing software tools for more efficient app-building and user interface (UI) design process by offering low-coding approaches and user-friendly app-building systems for front and back-end development including security, data storage, and monitoring layers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The application development software market research report is one of a series of new reports from The Business Research Company that provides application development software market statistics, including application development software industry global market size, regional shares, competitors with an application development software market share, detailed application development software market segments, market trends and opportunities, and any further data you may need to thrive in the application development software industry. This application development software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A virtual fitness platform for the disabled is an online arena that offers live or on-demand fitness lessons to people with disabilities. The password-protected workout platform is frequently included as part of a subscription package. The main types of platforms covered in the fitness platforms for the disabled market are Android, iOS, and other platforms. The Android platform refers to an open development platform for mobile devices that uses a modified Linux kernel. The various devices include smartphones, tablets, and wearable devices. The applications include exercise and weight loss, diet and nutrition, activity tracking, and other applications. The global fitness platforms for disabled market is segmented - 1) By Platform: Android, iOS, Other Platform 2) By Device: Smartphones, Tablets, Wearable Devices 3) By Application: Exercise and Weight Loss, Diet and Nutrition, Activity Tracking, Other Applications The global fitness platforms for the disabled market size grew from $1.41 billion in 2022 to $1.76 billion in 2023 at a compound annual growth rate (CAGR) of 24.4%. 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, causing inflation across goods and services and affecting many markets across the globe. The fitness platforms for the disabled market size is expected to grow to $3.98 billion in 2027 at a CAGR of 22.7%. The growing prevalence of chronic diseases and disabilities is expected to propel the growth of fitness platforms for the disabled market going forward. The prevalence of chronic diseases and disabilities refers to the total number of existing cases of chronic diseases and disabilities in a population at a specific time. Fitness platforms help the chronically ill and disabled population by hosting either live or on-demand fitness classes and providing the user with instructions on exercise, nutritional programs, physical activity, or some other fitness topic. For instance, according to the World Health Organization, a Switzerland-based specialised agency of the United Nations, noncommunicable diseases kill 41 million people each year, equivalent to 71% of all deaths globally, and cardiovascular diseases account for most NCD deaths globally. Over 1 billion people are estimated to be disabled. Therefore, the growing prevalence of chronic diseases and disabilities is driving the fitness platforms for the disabled market. Major players in the fitness platforms for the disabled market are Apple Inc., Kakana, Adaptive Yoga Live, Champion's Rx, Evolve21, Kym Nonstop, Exercise Buddy, LLC, Special Olympics, Youtube, Hulu LLC, Evolve21, GOFA International, Peloton, GPBR Participacoes Ltda., and Tonal. The adoption of artificial intelligence is a key trend gaining popularity in the fitness platform for the disabled market. Many companies operating in the disabled fitness platform market are adopting artificial intelligence to strengthen their position in the market. For instance, in January 2022, Gofa International, a US-based AI-powered fitness and education technology company operating in the fitness platform for the disabled market, launched GOFA Fitness, a smart exercise app powered by AI technology, GPS, 3D motion tracking technology, and machine learning to provide users with live feedback during workouts and integrates into the smartphone’s camera, making it an ideal travel companion for workouts. In October 2021, Mindbody, a US-based fitness booking and managing company, acquired ClassPass foran undisclosed amount. The acquisition would bring together the expertise of both the companies to provide seamless experience to the consumers. ClassPass is a US-based online fitness membership company. North America will be the largest region in the fitness platform market for the disabled in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fitness platforms market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the fitness platforms market report covers Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The fitness platforms for the disabled market consist of sales of software and associated services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fitness platforms for the disabled market research report is one of a series of new reports from The Business Research Company that provides fitness platforms for the disabled market statistics, including global market size, regional shares, competitors with a fitness platforms for the disabled market share, detailed fitness platforms for the disabled market segments, market trends and opportunities, and any further data you may need to thrive in the fitness platforms for the disabled industry. This fitness platforms for the disabled market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Application management services refer to the services of enterprise application management provided by various organizations to companies that need to outsource their enterprise application management processes. The application management services are used to provide ongoing support for the apps to an external provider that specialises in maintenance and monitoring. The types of services in application management services are application portfolio assessment, application security, application modernization, web and mobile, cloud application migration, and other service types. The application portfolio assessment refers to the service that scans and evaluates applications by using analytics on them. The deployment types include on-premise and cloud. The organizations include small and medium-sized enterprises and large enterprises. The various industry verticals include telecom & IT, BFSI, healthcare, retail & eCommerce, government & defense, manufacturing, and other industry verticals. The global application management services market is segmented - 1) By Services Type: Application Portfolio Assessment, Application Security, Application Modernization, Web and Mobile, Cloud Application Migration, Other Service Type 2) By Deployment Type: On Premise, Cloud 3) By Organization Size: Small and Medium Enterprises, Large Enterprises 4) By Industry Vertical: Telecom and Information Technology (IT), Banking, Financial Services and Insurance (BFSI), Healthcare, Retail and eCommerce, Government and Defense, Manufacturing, Other Industry Vertical The global application management services market size will grow from $27.72 billion in 2022 to $32.83 billion in 2023 at a compound annual growth rate (CAGR) of 18.4%. 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, causing inflation across goods and services and affecting many markets across the globe. The market size of the application management services is expected to grow to $63.93 billion in 2027 at a CAGR of 18.1%. The high demand for mobile apps is expected to propel the growth of the application management services market. Mobile apps refer to the kind of software intended for use on a mobile device, like a tablet or smartphone. Application management services help mobile apps provide and control access to internally developed and commercially available mobile apps used in business settings. For instance, in October 2020, according to the data published by Sensor Tower, a US-based technology, information, and internet company engaged in mobile analytics and mobile data, in the third quarter of 2020, on Apple's App Store, consumer spending on in-app purchases, subscriptions, and premium apps increased by 31% to reach $19 billion, from $14.5 billion as compared to the previous year 2019. However, the number of app installations increased by 23.3% in 2020, from 29.6 billion in 2019.Therefore, the high demand for mobile apps is driving the application management services market growth. Major players in the application management services market are Accenture plc, Fujitsu Limited, IBM Corporation, DXC Technology, HCL Technologies, Wipro Limited, Atos, Capgemini SE, Cognizant, Tech Mahindra, Dell, Infosys Limited, Oracle Corporation, SAP SE, Deloitte Touche Tohmatsu Limited, Amazon Web Services, Google LLC, Larsen & Toubro Infotech Limited, Micro Focus International plc, Optimum Solutions, and Neoris. Strategic partnerships and collaborations are a key trend gaining popularity in the application management services market. The major players in the application management services sector are focused on partnerships and collaborations to sustain their market position. For instance, in May 2021, CapTech Consulting, a US-based IT services and consulting company, partnered with Workday, a software development company, for Workday Application Management Services. This partnership enables advanced technology integration along with data insight and change management. With Workday Financial Management and Workday Human Capital Management, Workday AMS enables Captech to offer continuing functional, technical, and administrative assistance to clients in production (HCM). In November 2020, IBM, a US-based technology corporation, acquired Instana for an undisclosed amount. With the acquisition of Instana, IBM can deliver the most advanced AI-powered automation capabilities available to handle the complexity of modern applications running across multiple hybrid cloud environments. Also, as a result of quick automatic feedback on their CI/CD pipeline, DevOps teams may significantly speed up deployment while also improving quality and reliability. Instana is a US-based company that offers application observability and monitoring solutions. North America was the largest region in the application management services market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the application management services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the application management services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The application management services market consists of revenues earned by entities by providing custom management systems, software, and business intelligence. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the chain or as part of other products. The application management services market research report is one of a series of new reports from The Business Research Company that provides application management services market statistics, including application management services industry global market size, regional shares, competitors with an application management services market share, detailed application management services market segments, market trends and opportunities, and any further data you may need to thrive in the application management services industry. This application management services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A fitness tracker refers to a device that uses sensors to track orientation, movement, and rotation. The device collects data and converts it into steps, calories, sleep quality, and overall activity performed by the wearer during the day. The main device types in the fitness tracker market are smart watches, fitness banks, smart glasses, smart clothing and other device types. A smartwatch refers to a digital watch that provides many other features besides timekeeping. The various applications involved are heart rate tracking, sleep measurement, glucose measurement, sports, running and cycling tracking. The distribution channels are online, retail, and other distribution channels. The global fitness tracker market is segmented - 1) By Device Type: Smart Watches, Fitness Band, Smart Glasses, Smart Clothing, Other Device Types 2) By Application: Heart Rate Tracking, Sleep Measurement, Glucose Measurement, Sports, Running, Cycling Tracking 3) By Distribution Channel: Online, Retail, Other Distribution Channel The global fitness tracker market size grew from $38.56 billion in 2022 to $46.46 billion in 2023 at a compound annual growth rate (CAGR) of 20.5%. 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, causing inflation across goods and services and affecting many markets across the globe. The market size of the fitness tracker market is expected to grow to $94.3 billion in 2027 at a CAGR of 19.4%. The increase in incidence of health disorders is expected to propel the growth of the fitness tracker market going forward. A health disorder refers to a condition that has known physical causes and visible psychopathology. With a fitness tracker, there will be physical activity every day, which helps in preventing various health disorders. For instance, in 2020, according to the World Health Organization, a US-based government agency, chronic disease prevalence is expected to rise by 57%. Therefore, the increasing incidence of health disorders is driving the growth of the fitness tracker market. Major players in the fitness tracker market are Apple Inc., Garmin Ltd., Google LLC (Alphabet Inc.), Huawei Technologies Co. Ltd. (Huawei), NIKE Inc., Samsung Electronics Co. Ltd., Xiaomi Inc., Adidas Inc., Jawbone, Polar, Beienda, Ambiotex GmbH, Hexoskin, Fossil Group Inc., and TomTom N.V. Technological advancement is a key trend gaining popularity in the fitness tracker market. Major companies operating in the fitness tracker market are engaging in technological advancements to sustain their position in the market. For instance, in April 2021, Fitbit, a US-based consumer electronics and fitness company that is operating in the fitness tracker market, launched Fitbit Luxe, a fashion-forward health and wellness tracker with the fundamentals like heart and sleep tracking, breathing rate, stress management, and other such features. It added a touch of luxury with a stainless steel case and colour AMOLED display technology. It has a blood oxygen sensor and keeps track of stress with a daily stress score, sleep, heart rate, steps, active zone minutes, and 50-meter water resistance. In January 2021, Google, a US-based technology company, acquired Fitbit for $2.1 billion. Through this acquisition, Google aims to expand its fitness platform portfolio and make health and wellness more accessible to more people. Fitbit is a US-based consumer electronics and fitness company that produces wireless-enabled wearable technology, physical fitness monitors, and activity trackers such as smartwatches. North America was the largest region in the fitness tracker market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fitness tracker market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the fitness tracker market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The fitness tracker market consists of sales of basic fitness trackers, heart rate monitoring trackers, and heart rate monitoring trackers with GPS. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fitness tracker market research report is one of a series of new reports from The Business Research Company that provides fitness tracker market statistics, including fitness tracker industry global market size, regional shares, competitors with a fitness tracker market share, detailed fitness tracker market segments, market trends and opportunities, and any further data you may need to thrive in the fitness tracker industry. This fitness tracker market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Body fat reduction is the process of reducing excess body fat with several objectives, such as improving body aesthetics and shape, with the assistance of surgeries and operations. In addition to exercises and a healthy diet, surgical and non-surgical methods are also effective ways to get rid of excess fat. Body fat reduction offers solutions to reduce excess body fat.  The body fat reduction procedure can be carried out through procedures such as surgical, liposuction, abdominoplasty, non-surgical, cryolipolysis, and ultrasound. Surgery involves abrading, cutting, suturing, and physically changing body tissues and organs in medical spas, hospitals, and clinics. The global body fat reduction market is segmented - 1) By Procedure: Surgical, Liposuction, Abdominoplasty, Non-Surgical, Cryolipolysis, Ultrasound 2) By Gender: Male, Female 3) By Service Provider: Medical Spas, Hospitals, Clinics The global body fat reduction market size grew from $10.58 billion in 2022 to $11.58 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. 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, causing inflation across goods and services and affecting many markets across the globe. The market size of the body fat reduction is expected to grow to $16.47 billion in 2027 at a CAGR of 9.2%. A significant rise in obesity rates and obese population is driving demand for body fat reduction techniques. Obesity is a significant public health crisis and so, obese patients are preferring solutions to reduce excess body fat. According to WHO, global obesity has tripled since 1975. In the USA, for instance, 16 states have obesity rates of 35% or higher as of 2021. Therefore, increasing obese population is driving the growth of the body fat reduction market. Major players in the body fat reduction market are AbbVie Inc. (Allergan Inc.), Apollo Hospitals Enterprise Limited, Cutera, Inc., Cynosure, LLC., Vlcc Health Care Limited, The Plastic Surgery Clinic, Bausch Health Companies Inc., Lumenis, Ltd., Sciton, Inc., Sisram Medical Ltd., Elite Body Sculpture, Fosun Pharmaceuticals Co. Ltd., VIDA Wellness and Beauty, and JK Plastic Surgery Center. Technological developments are a key trend gaining popularity in the body fat reduction market. These technological advances include new and improved body fat reduction methods. In January 2020, the Massachusetts General Hospital (MGH) laboratory developed a new form of technology that can selectively reduce fat using a safe, injectable ice solution or slurry. In 2020, Dominion Aesthetic Technologies launched EON, an innovative body contouring device. In October 2021, Xponential Fitness, a US-based fitness company, acquired Body Fit Training (BFT), an Australian fitness franchise. This acquisition helps Xponential Fitness to add a functional training and strength-based brand to its portfolio. BFT offers training methods for reducing fat and creating lean muscle through a variety of coaching sessions. North America was the largest region in the body fat reduction market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the body fat reduction market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the body fat reduction market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The body fat reduction market includes revenues earned by entities by tumescent liposuction, ultrasound-assisted liposuction, laser assisted liposuction, and power assisted liposuction. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The body fat reduction market research report is one of a series of new reports from The Business Research Company that provides body fat reductionmarket statistics, including body fat reduction industry global market size, regional shares, competitors with a body fat reduction market share, detailed body fat reduction market segments, market trends and opportunities, and any further data you may need to thrive in the body fat reduction industry. This body fat reduction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Weight monitoring and body temperature monitoring devices and equipment are the devices used or employed in establishing the size, quantity, extent, area, or measurement of quantities, things, produce, or articles for distribution or consumption that are sold or exposed for sale or hire at any basic charge, and a temperature monitoring system controls and regulates the temperature of a particular environment. The main types of weight monitoring and body temperature monitoring devices and equipment are weight monitoring devices and temperature monitoring devices. Weight monitoring devices are the devices used or employed in establishing the size, quantity, extent, area, or measurement of quantities, things, produce, or articles for distribution or consumption that are sold or exposed for sale or hire at any basic charge. The temperature monitoring devices are tabletop temperature monitoring devices, handheld temperature monitoring devices, wearable continuous monitoring thermometers, temperature monitoring sensors, and smart temperature patches. The various end-users include hospitals and clinics, home settings, and ambulatory surgical centres. The global weight monitoring and body temperature monitoring devices and equipment market is segmented - 1) By Type: Weight Monitoring Devices, Temperature Monitoring Devices 2) By End User: Hospitals & Clinics, Home Settings, Ambulatory Surgical Centers 3) By Temperature Monitoring Devices: Table Top Temperature Monitoring Devices, Hand Held Temperature Monitoring Devices, Wearable Continuous Monitoring Thermometers, Temperature Monitoring Sensors & Smart Temperature Patches The global weight monitoring and body temperature monitoring devices and equipment market size will grow from $8.04 billion in 2022 to $9.07 billion in 2023 at a compound annual growth rate (CAGR) of 12.8%. 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, causing inflation across goods and services and affecting many markets across the globe. The weight monitoring and body temperature monitoring devices and equipment market size is expected to grow to $13.91 billion in 2027 at a CAGR of 11.3%. Major players in the weight monitoring and body temperature monitoring devices and equipment market are Philips Healthcare, Medtronic, GE Healthcare, Abbott Laboratories, 3M, Nihon Kohden, Omron Healthcare, Siemens Healthcare, Honeywell International Inc., and Infinium Medical. The rising prevalence of obesity is one of the major drivers of the weight monitoring devices and equipment market. According to the World Health Organization (WHO), 1.9 billion adults around the globe were diagnosed, as overweight, and also over 340 million children of 5 to 19 years across the globe were overweight. To curb the increase of obesity, weight monitoring devices can play a vital role by reminding the user to follow a certain diet or monitor the exercising habits of the individual. Thereby driving the demand for weight monitoring devices, thus driving the weight monitoring and body temperature monitoring devices and equipment market growth. Product recalls act as a restraint on the weight monitoring and body temperature monitoring devices and equipment market. For instance, the US Food and Drug Administration (FDA) has recalled many digital thermometers due to wrong calibration and incorrect display of body temperature. Also, thermometers manufactured by 3M company were recalled by the FDA after a prolonged investigation due to incorrect display of body temperature. Similarly, in 2020, the FDA has recalled a specific model electric thermometer manufactured by Cardinal Health, a multinational health care services company. Such a high number of product recall hampers the weight monitoring and body temperature monitoring devices and equipment market growth. The use of wearables is a trend that is prevalent in the weight monitoring and body temperature monitoring devices and equipment market. Many companies such as Apple, Google, and Samsung are investing in the research and development of wearables. The wearables have high-end sensors attached to them, which measures and monitors body temperature and weight. Various new products are launched in the wearable category. For example, Blue Spark's, Temp Traq is a wearable temperature monitor. Also, Fitbit wearable tracks and monitor weight. Stringent FDA regulations need to be followed in the weight monitoring and body temperature monitoring devices and equipment market. FDA has a set of good manufacturing practices designed for the monitoring of body temperature and weight monitoring devices. FDA monitors the safety and effectiveness of these devices. Part 880 of the FDA regulations pertain to the general hospital and personal use devices; subpart C relates to personal use monitoring devices. Weight monitoring devices are classified by the FDA as Class I devices. The manufacturers are tasked with the thorough inspection, measuring and testing efficiency, and ensuring it meets the intended purposes. Once this is finished the manufacturer must calibrate the device according to a set of rules or limits to improve the precision and accuracy of the readings. After all, this is completed the FDA will take their final call regarding the certification of the device. Asia-Pacific was the largest region in the global weight monitoring and body temperature monitoring devices and equipment market in 2022. North America was the second-largest region in the weight monitoring and body temperature monitoring devices and equipment market share. The regions covered in the global weight monitoring and body temperature monitoring devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the weight monitoring and body temperature monitoring devices and equipment market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The weight monitoring and body temperature monitoring devices and equipment market consist of sales of table-top temperature monitoring devices, handheld temperature monitoring devices, wearable continuous monitoring thermometers, temperature monitoring sensors, and smart temperature patches. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The weight monitoring and body temperature monitoring devices and equipment market research report is one of a series of new reports from The Business Research Company that provides weight monitoring and body temperature monitoring devices and equipment market statistics, including weight monitoring and body temperature monitoring devices and equipment industry global market size, regional shares, competitors with a weight monitoring and body temperature monitoring devices and equipment market share, detailed weight monitoring and body temperature monitoring devices and equipment market segments, market trends and opportunities, and any further data you may need to thrive in the weight monitoring and body temperature monitoring devices and equipment industry. This weight monitoring and body temperature monitoring devices and equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.