Virtual Fitness Market by Session Type (Group and Solo) - Global Analysis & Forecast 2019-2030

Report ID : 130  |  Published Date : Jan 2020  |  Pages : 230  |  Region : Global  |  Report Code : OTH-17





Virtual fitness Market Overview and Introduction

Virtual fitness Market is estimated to be valued at ~US$ 850 million in 2017.

Virtual fitness, also known as interactive fitness, refers to delivering physical training sessions in groups or individually through online channels. These fitness training sessions are beneficial for people facing difficulties with physically attending such sessions. The online sessions are conducted at a pre-decided schedule. Moreover, interactive fitness sessions provide flexible time slots to the millennials as well as working professionals. However, on the other hand, lack of awareness about services and courses offered by key players in the industry may hamper the market growth to a certain extent globally.

The global virtual fitness market is driven by factors, such as the need for advanced fitness sessions, inclination toward physical fitness, unavailability of time to attend sessions, inexpensive personal trainers, and others. Moreover, increasing disposable incomes and the rising trend of group sessions for fitness training will further propel the market. However, lack of awareness regarding online courses and the available options is expected to restrain market growth to a certain extent.

Virtual Fitness Market By Session Type

The global virtual fitness market can be segmented into session type and region. Based on the session type, the interactive fitness market is segmented into group and solo. The group session type is a dominant segment and holds the largest market share owing to the enhanced experience that they provide and a highly sociable environment in which such sessions are conducted. Group training enables support from trainers as well as fellow participants, further motivating participants to reach their health & fitness goals.

Virtual Fitness Market by Regions

 The global virtual fitness market can be segmented into North America, Europe, Asia Pacific, and the Rest of the World (ROW). North America is expected to dominate the virtual fitness market followed by Europe and Asia Pacific and will continue its dominance during the forecast period. The increasing adoption of online fitness classes, rising demand from millennials & working professionals, and awareness about fitness, stress management, and hazards of a sedentary lifestyle will drive market growth. Asia Pacific, Europe, and the Rest of the World (ROW) will witness substantial market growth during the forecast period owing to the high demand for virtual fitness from these regions.

Virtual Fitness Market Prominent Players

Some of the prominent players in the global interactive fitness market include FitnessOnDemand, Reh-Fit, Gympik Health Solutions Pvt. Ltd., Wexer, LES MILLS INTERNATIONAL LTD, Wellbeats, Inc., FNF (Fit N Fast Health Clubs & Gyms), Éconofitness, Charter Fitness, Fittime (Taixing Times Fitness Products Co., Ltd.), and others.

Table of Contents

  1. INTRODUCTION
    1. Market Definition
    2. Market Classification
    3. Geographic Scope
    4. Years Considered for the Study: Historical Years – 2016 & 2017; Base Year – 2018; Forecasted Years – 2019 to 2030
    5. Currency Used
  2. RESEARCH METHODOLOGY
    1. Research Framework
    2. Data Collection Technique
    3. Data Sources
      1.  Secondary Sources
      2. Primary Sources
    4. Market Estimation Methodology
      1.  Bottom Up Approach
      2.  Top Down Approach
    5. Data Validation and Triangulation
      1.  Market Forecasting Model
      2.  Limitations/Assumptions of the Study
  3. ABSTRACT OF THE STUDY
  4. MARKET DYNAMICS ASSESMENT
    1. Overview
    2. Drivers
    3. Barriers/Challenges
    4. Opportunities
  5. GLOBAL VIRTUAL FITNESS MARKET- ANALYSIS & FORECAST, BY SESSION TYPE
    1. Group
    2. Solo
  6. GLOBAL VIRTUAL FITNESS MARKET- ANALYSIS & FORECAST, BY REGION
    1.   North America Virtual Fitness Market
      1.  North America Virtual Fitness Market, By Country
        1.  US
        2.  Canada
      2. North America Virtual Fitness Market Analysis & Forecast, By Session Type
    2. Europe Virtual Fitness Market
      1. Europe Virtual Fitness Market, By Country/Region
        1. Germany
        2. U.K
        3. France
        4. Rest of Europe (ROE)
      2. Europe Virtual Fitness Market Analysis & Forecast, By Session Type
    3. Asia Pacific Virtual Fitness Market
      1. Asia Pacific Virtual Fitness Market, By Country/Region
        1. China
        2. Japan
        3. India
        4. Rest of Asia Pacific (RoAPAC)
      2. Asia Pacific Virtual Fitness Market Analysis & Forecast, By Session Type
    4.   Rest of the World (ROW) Virtual Fitness Market
      1. Rest of the World Virtual Fitness Market, By Country/ Region
        1.  Latin America
        2.  Middle East & Africa
      2. Rest of the World Virtual Fitness Market Analysis & Forecast, By Session Type
  7. COMPANY PROFILES (Business Overview, Products Offered, Financial Performance*, Recent Developments)
    1.   FitnessOnDemand
    2.   Reh-Fit 
    3.   Gympik Health Solutions Pvt. Ltd.
    4.   Wexer
    5.   LES MILLS INTERNATIONAL LTD
    6.   Wellbeats, Inc.
    7.   FNF (Fit N Fast Health Clubs & Gyms)
    8.   Éconofitness
    9.   Charter Fitness
    10.   Fittime (Taixing Times Fitness Products Co., Ltd.)

 *Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain