• In 2019, the global fitness industry revenue was $94 billion, with health clubs expecting to reach 230 million members by 2030. Embracing fitness technology inside and outside the club ranked the first trend.
• Over the past 12 months, health clubs and suppliers have invested in a wide variety of technology, including virtual fitness and artificial intelligence-driven solutions.
• In 2020, revenue in the Fitness eServices market amounts to US$ 21.9 billion, including approx. 1 billion users.
• With a market volume of US$ 6.7 billion, most revenue is generated in China, followed by USA (US$ 4.8 billion), India (US$ 2.2 billion), U.K. (US$ 738 million), and Germany (US$ 630 million).

Asia

•  611 million users are expected to generate a Fitness eServices revenue of US$ 10.8 billion in 2020, growing at an annual rate (CAGR 2020-2024) of -1%, resulting in a projected market volume of US$ 10.4 billion by 2024.

Americas

•  200.9 million users are expected to generate a Fitness eServices revenue of US$ 6.2 billion in 2020, growing at an annual rate of -0.3%, resulting in a projected market volume of US$ 6.1 billion by 2024.

Europe

Australia

•  5.7 million users are expected to generate a Fitness eServices revenue of US$ 252 million in 2020, growing at an annual rate of -2%, resulting in a projected market volume of US$ 234 million by 2024.

Key market players

•  key players include HealthifyMe, FitnessMaster, Anytime Fitness, Quikfits Wellness, and Fitness.

Strategy