Global Connected Gym Equipment Market 2020-2024

Connected Gym Equipment Market 2020-2024
Report has been monitoring the connected gym equipment market and it is poised to grow by $ 1.48 bn during 2020-2024 progressing at a CAGR of 22% during the forecast period. Our reports on connected gym equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the technological advances in connected gym equipment, premium pricing of connected devices owing to value-added features, and increasing smartphone penetration and the growing demand for connected gym services. In addition, technological advances in connected gym equipment is anticipated to boost the growth of the market as well.
The connected gym equipment market market analysis includes product segment and geographic landscapes
connected gym equipment market is segmented as below:
By Product
• Cardiovascular training equipment
• Strength training equipment
By Geographic Landscapes
• North America
• Europe
• APAC
• MEA
• South America
This study identifies the collaborations between vendors and other tech companies to integrate smart features into gym equipment as one of the prime reasons driving the connected gym equipment market growth during the next few years. Also, adoption of smart fitness wear in gym centers and compatibility with different mobile operating systems will lead to sizable demand in the market.
"Report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our connected gym equipment market covers the following areas:
• Connected gym equipment market sizing
• Connected gym equipment market forecast
• Connected gym equipment market industry analysis"
robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading connected gym equipment market vendors that include Cybex International Inc., Draper Inc., EGYM Inc., Johnson Health Tech Inc., Les Mills International Ltd., Life fitness, Nautilus Inc., Paradigm Health and Wellness Inc., Precor Inc., and TECHNOGYM Spa. Also, the connected gym equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. connected-gym-equipment-market-industry-analysis
Report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.