The Virtual Fitness Market size was valued at USD 16.2 billion in 2022 and is expected to reach approx. USD 103.57 billion by 2030, and grow at a CAGR of 26.10% over the forecast period of 2023-2030.
The virtual fitness market has witnessed a significant surge in recent years, driven by the increasing demand for convenient and accessible workout options. With the advent of technology and the rise of digital platforms, people are now able to engage in fitness activities from the comfort of their own homes or on-the-go.
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One of the key factors contributing to the growth of the virtual fitness market is its ability to cater to a wide range of individuals. Whether someone is a beginner looking to start their fitness journey or an experienced athlete seeking advanced training programs, virtual fitness offers a plethora of options tailored to different needs and goals.
Moreover, virtual fitness provides flexibility in terms of time and location. People no longer have to adhere to strict gym schedules or commute long distances to attend classes. Instead, they can access workout sessions anytime, anywhere, through various devices such as smartphones, tablets, or smart TVs.
KEY MARKET SEGMENTS
By offerings
- Workout Sessions
- Nutritional sessions
- Courses
- Others
By purchase model
- Transactional model
- Subscription model
By Session type
- On-Demand programs
- Live programs
By End Users
- Gyms and fitness centers
- Community centers
- Corporates
- Educational institutes
- Individuals and Multifamily
- Hospitality organizations
- Defence institutes
- Others
Major Players Listed in the Report are as Follows:
Wellbeats, Inc., Wexer, FitnessOnDemand, FlexIt Inc. VFit Studio, LLC., The Active Workplace, Virtual-Fitness, Curtis Health, FitPros, LLC., Healthworks Fitness, and Other Players
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