Fitness App Industry Set to Reach $4.3 Billion by 2030

August 19, 2024

The global fitness app market is poised for significant expansion, with projections indicating growth from $1.5 billion in 2023 to $4.3 billion by 2030, according to the newly released Fitness Apps – Global Strategic Business Report. The report forecasts a compound annual growth rate (CAGR) of 16.4% over the forecast period, driven by technological advancements, shifting consumer behavior, and a growing emphasis on health and wellness.

Fitness professionals will find the insights from this report particularly valuable as the industry increasingly shifts toward digital solutions. The rise of fitness apps has been fueled by notable technological advancements, particularly in artificial intelligence (AI), which is enhancing personalized training experiences. For fitness professionals, understanding and leveraging these technologies will be crucial for staying competitive. Athletech news