E-Fitness and e-Wellness Apps Market

Goals

To get informed about the e-fitness and e-wellness industry in the United States with a specific focus on the mobile app segment of the industry.

Early Findings

e-Fitness Industry

  • The e-fitness industry in the United States is growing at a compound annual growth rate (CAGR) of 2.41% between 2021 and 2024.
  • Over the forecast period (2021-2024), the industry will grow from $5.254 billion in 2021 to reach $5.643 billion by 2024.
  • The global online fitness (e-fitness) industry was valued at $6.046 billion in 2019 with a CAGR of 33.1% between 2020 and 2027. By 2027, the industry is projected to reach $59.231 billion. North America will hold the largest market share during the forecast period.

e-Fitness Mobile Apps Industry

  • The apps segment in the e-fitness industry in the United States is growing at a CAGR of 8.38% between 2021 and 2024.
  • Over the forecast period (2021-2024), the apps segment will grow from $1.413 billion in 2021 to reach $1.799 billion by 2024.
  • The user penetration will grow from 30.6% in 2021 to reach 35.1% by 2024. Moreover, the average revenue per user (ARPU) is $13.85.
  • The global fitness app industry was valued at $3.312 billion in 2019 with a CAGR of 25.61% between 2020 and 2025. By 2025, the industry is projected to reach $13.016 billion.

Summary of Our Early Findings Relevant to The Goals

  • The goal of the initial hour of the research is to discover the feasibility of the research, to provide early findings, and to understand the overall project viability. Our preliminary research indicated that the market size of the e-wellness industry is not publicly available.
  • Early research found the market size of the e-fitness industry in the United States, as well as the market size of the app segment.
  • Our recommendations are based on our findings in early research.
  • Please select one or more of the options provided in the proposed scoping section below.

Research proposal:

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