Absolute Markets Insights offers its latest published report ‘Virtual/Online Fitness Market by Session Type (Group, Solo); by Regional outlook (U.S., Rest of North America, France, UK, Germany, Spain, Italy, Rest of Europe, China, Japan, India, Southeast Asia, Rest of Asia Pacific, GCC Countries, Southern Africa, Rest of MEA, Brazil, Rest of Latin America) – Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2018 – 2026’. The author of the report analyzed that the Global Virtual/Online Fitness Market accounted for US$ 849.60 million in 2017. The rising demand for inexpensive personal trainer globally has resulted in the expansion of online fitness market. The rising health and wellness awareness among the population is driving the market.
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Group Session Type is Anticipated to be the Dominant Segment During the Forecast Period, 2018 – 2026
Among the session types, group is a dominant segment holding the largest market share due to exposure to fun and social environment. The group training also provides the support from both trainer and fellow participants. The support group helps participants to push themselves and reach health and fitness goals.
Higher Awareness of Health and Wellness to drive the Market in North America
North America is estimated to be the fastest growing region in virtual/online fitness market. The availability of higher disposable income and rising trend of group sessions for fitness training is driving the market. Due busy schedule participants are increasing utilizing the online training opportunity makes it a lucrative market.
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Virtual/Online Fitness Market is Fragmented with the Presence of Global and Regional Players
Some of the key participants in global market are Some of the primary participants of Global Virtual Fitness Market are Fitness on Demand, Reh FIT All, GoodLife Fitness, Wexler, LES MILLS International LTD, WELLBEATS, FIT n Fast Health Clubs & Gyms, EconofItness, Charter fitness Inc, and Fitness First India Pvt. Ltd. amongst others.
Virtual/Online Fitness Market has been segmented into Session and by Region. By Session, the virtual/online fitness market is further divided into Group and Solo. By Region virtual/online fitness market is further divided into North America (United States, Rest of North America), Europe (France, UK, Spain, Germany, Italy, Rest of Europe), Asia Pacific (China, Japan, India, South East Asia, Rest of Asia Pacific), Middle East & Africa (GCC Countries, Southern Africa, Rest of MEA) and Latin America (Brazil, Rest of Latin America).
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In conclusion, the global Virtual/Online Fitness market standing in the past years and in the coming years is determined by its performance up until now. Results are supported by various sources and market research techniques, all of which are verified. In order to identify the existing hierarchy in this market, analysts have reviewed the profiles of the key market participants, using several analytical tools, such as SWOT analysis.
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