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Posted by Ab12 on April 30, 2024 at 8:53am 0 Comments 0 Likes
Health and fitness apps’ market growth rapidly. Statistics only confirm this statement. For instance, in January 2019, Polaris Market Research published a study and presented a forecast that the size of the fitness app market will reach $14.7 billion by 2026, with a CAGR of 23% over the forecast period.
According to Statista, this 2020 alone, income in the fitness segment was $17,963 million and continues to grow rapidly. Moreover, revenue is expected to increase with a 2019-2023 CAGR of 5.0%, bringing the market size to $20,499 million by 2023. It means that the fitness app market continues to grow and is expected to expand in response to various health and fitness developments.
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