Fitness Training Software Market Size, Share, Growth, and Industry Analysis, By Type (Web-Based, App-Based), By Application (For Professionals, For Personal Trainers), Regional Insights, and Forecast To 2031

Updated On: 15 April 2024

Fitness Training Software Market REPORT OVERVIEW

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global fitness training software market size was USD 6919.2 million in 2022 and market is projected to touch USD 25839.19 million by 2031 at CAGR 15.8% during the forecast period.

The COVID-19 pandemic has been unprecedented and staggering, fitness training software experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

Tracking and managing fitness objectives and progress is done with fitness training software. It may be used to build personalized fitness routines, track diet and nutrition, measure heart rate along with other important information, and much more. Fitness training software plays an important role because it can help individuals remain on target with their fitness objectives and get better outcomes.

Growing requests in software among licensed instructors and personal trainers, as well as the increasing popularity to employ smartphone applications for fitness training, are driving fitness training software market share expansion.

COVID-19 Impact: Interruption in Services to Advance Market Growth

An increase in home-based workouts was unsurprising given the increasing number of stay-at-home orders and mandatory gym shutdown in 48 of the 50 states in early April. However, fitness clubs have reopened in many regions now that vaccines and other security precautions have been implemented. Although fresh routines were formed, and the majority of the people surveyed in a Future of Fitness polling said they are going to keep utilizing in their homes until they are comfortable going back to a gym, certain ones see that wave turning, in the same way COVID-influenced variations of the fitness training software market, from mental-wellness applications to athleisure wear, are growing, according to sources. The fitness training software market growth was benefitted due to the ongoing lockdown.

LATEST TRENDS

"Web-Based Training Software to Stimulate Market Development  "

Web-based training software is a sort of online fitness training software. This form of software is frequently less expensive than other kinds in fitness training software, as it is accessible to everyone with a web connection. Fitness training software has been an electronic program that assists people in exercising and tracking their progress. It is suitable for both expert and recreational athletes, and for people who simply want to keep themselves in shape. Plan routines for exercise, track progress, and establish objectives using the software.

Fitness Training Software Market SEGMENTATION

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• By Type

Based on type; the market is divided into web-based, app-based

Web-based is the leading part of the type segment.

• By Application

Based on the application; the market is divided into for professionals, for personal trainers

For professionals is the leading part of the application segment.

DRIVING FACTORS

"Personal Training App Category to Aid Market Expansion "

In 2019, the professional application category accounted for more than 60% of the fitness training software market. These applications are used by professionals to manage their clients' training sessions, track their advancement and payments, as well as access other client information. These applications also include a variety of functions such as group lessons with teachers guided by technology, online personal trainers, virtual reality (VR), videos of music, and so on. The personal training app category is estimated to grow at a compound annual growth rate (CAGR) of 6.9% during 2022 to 2030, owing to rising demand among people seeking a leaner physique or muscle toning without prior experience or competence in fitness tutoring or gym instruction.

"App-Based Software to Foster Industry Progress "

App-based health training software encourages people to exercise and stay fit. It includes a lot of features, such as recording exercises, establishing goals, offering motivation, and so on. This software's primary function is to give either live or on-demand online workout classes, as well as audio/video broadcasting of the class. It also includes features for tracking food, exercise, and various other health-related data. The fitness training software market will foster owing to the advancements made in the app-based software.

RESTRAINING FACTORS

"High Turnover in Occupation to Limit the Market Evolution "

However, fitness training software market expansion is likely to be constrained because personal development is closely linked to disposable money. Furthermore, due to the high turnover in this occupation, long-term prospects for persons working in the personal fitness coach business may be difficult, impacting desire for personal fitness trainers throughout the projected period.

Fitness Training Software Market REGIONAL INSIGHTS

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"Rising Demand for Personal Trainer in North America to Support Market Advancement "

The U.S. holds a 29.0% share of the global market over the predicted period.  According to studies, the U.S. has around 133,181 personal fitness trainers. In accordance to a survey conducted by the nation's National Library of Medicine, fitness professionals have a median age of 39 years. Personal fitness trainers in Illinois, particularly in Chicago, are in high demand. According to the report, Illinois is also the top state for private fitness trainers to live in.

The increasing amount of million-dollar homes, which has resulted in the establishment of home gyms, is predicted to raise the requirement for personal fitness experts. Therefore, it is expected that fitness training software market growth will uplift in the coming future.

KEY INDUSTRY PLAYERS

"Key Players Focus on Partnerships to Gain a Competitive Advantage"

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

The analyst provides a comprehensive picture of the market through the study, synthesis, and summarization of data from various sources, as well as an examination of important variables such as financial gain, sales prices, competition, and promotions. It identifies the key industry influencers and presents various market facets. The information provided is thorough, reliable, and the result of extensive primary and secondary research. The market report provides a comprehensive competitive landscape as well as an in-depth vendor evaluation methodology and analysis based on both qualitative and quantitative studies to accurately forecast market growth.

The reports cover important advances with in market, as well as inorganic and organic growth strategies. Various companies are concentrating on organic business expansion such as product announcements, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth strategies observed in the market. The above activities have paved the way for market participants to expand their business and customer base. With the growing demands for filter products in the international market, market participants in the market are expected to benefit from substantial growth opportunities in the near future.

List of Market Players Profiled

• MINDBODY (U.S.)
• Acuity Scheduling (U.S.)
• 10to8 (U.S.)
• Bitrix24 (U.S.)
• Vagaro (U.S.)
• Zen Planner (U.S.)
• Virtuagym (Netherlands)
• BookSteam (U.S.)
• Trainerize (U.S.)
• SuperSaaS (Netherlands)
• PTminder (New Zealand)
• TrueCoach (U.S.)
• PT Distinction (U.K.)
• WellnessLiving (U.S.)
• RhinoFit (U.S.)
• Fitli (U.S.)
• Pike13 (U.S.)

REPORT COVERAGE

This research offers a thorough analysis of the global market, covering all relevant areas. This includes everything from a broad market overview to micro-level information about size of the market, degree of competition, evolution trend, opportunities in the market, important market drivers, and SWOT opportunities and threats. The reader can use the study to influence industry competitiveness and competitive environment strategies to increase potential profit. Additionally, it offers a straightforward framework for assessing and gaining access to the situation of the corporate organization.

In a nutshell, this study should be read by all market participants, traders, academics, analysts, business planners, and anyone else with an interest in the market. The market competitive landscape is another area that the report structure focuses on. This report presents in depth information the share of the market, macroeconomic indicators, product scenario, operation circumstances of the major players, which aids readers in the industry in recognizing the key rivals and better understanding the market's competitive landscape.