Fitness App Market Trends, Forecast, and Opportunity Assessment (2021-2026)
Market Highlights Global Fitness App Market spans across North America, Europe, Asia-Pacific, and the rest of the world. North America is dominating the global fitness app market owing to the growing demand for wearable devices such as smart bands, smartwatches, and smart rings, the increasing awareness regarding the health conciseness, and the rising penetration of smartphones. For the purpose of analysis, the market in North America has been segmented into the US, Canada, and Mexico. During the forecast period, the US is expected to be the leading country-level market, registering a CAGR of 27.56%, followed by Canada and Mexico. The growth in the US is attributed to the presence of key players providing fitness apps such as Fitbit (acquired by Google) and the increasing adoption of smartphone devices for activity tracking. The US is one of the largest smartphone markets in the world, having the highest percentage of smartphone penetration rate in 2017, which resulted in the growth