What is Workout Apps for Runners Market?
The workout app for the runner is an application that can be downloaded on any mobile device and used anywhere to get the workout and to get fit for runners. This app can perform various tasks such as tracking caloric intake, gathering workout efficient time and sharing progress on social media to facilitate healthy behavior. Fitness apps can work in any wearable devices to match their health data to third-party devices for ease of use.
The market study is being classified and major geographies with country level break-up.
Human.co (United States), Pacer Health, Inc (United States), Strava (Switzerland), Focus-N-Fly, Inc (United States), Under Armour (United States), Nike, Inc. (United States), Lake Horizon Ltd. (United States), Zwift Inc (United States) and Peloton Interactive, Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Aaptiv (United States), PulseTread (United States), ASICS Digital Inc (United States), SPidERSPhERE (United Kingdom) and Verywell (United States).
The market for the workout apps for runners is fragmented with the presence of many players. Leading players can adopt strategies like a merger, acquisition, expansion, new product launch, in order to gain share within the market. Owing to booming industrialization & urbanization, there are growing prospects for new players to enter the market. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Workout Apps for Runners market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Workout Apps for Runners market by Type, Application and Region.
On the basis of geography, the market of Workout Apps for Runners has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Awareness for Fitness and Healthy Lifestyle Leads to the Growth in Workout Apps for Runners
- Increasing Use of Smart Phones and Tablets across the Globe Leads to the Growth in Workout Apps for Runners
Market Trend
- Rising Internet Penetration Rate among the Developing Countries
- Technological Advancements Such As Audio-Based Workouts from Coaches
Restraints
- Workout Apps for Runners May Provide Lack of Accuracy about Calories
Opportunities
- Increasing Government Initiatives to Encourage Physical Activity has Creates Opportunities for Market
Challenges
- Availability of a Large Number of Free Based Workout Apps for Runners
For Instance, January 2020 United States Based Company Name Aaptiv Inc. Has Launched Or Announced Their New Workout App It Is AI Technology-Based App Named As Coach. Coach Will Act As A Trainer And Will Order The User What Should Be Done With Options Using Adaptive Workout And So One Using AI To Measure Progress.
Key Target Audience
Workout Apps for Runners Providers, New Entrants/Investors, Government Regulatory and Research Organizations and End-Use Industry