Growth Opportunities in the Global Digital Fitness Market
The future of the global digital fitness market looks promising with opportunities in smart wearable fitness devices and smart wearable sports devices. The global digital fitness market is expected to reach an estimated $27.4 billion by 2022 and is forecast to grow at a CAGR of 32.6% from 2017 to 2022. The major drivers for the growth of this market are increasing awareness on fitness, rising demand of user-friendly and self-monitoring devices.
Emerging trends, which have a direct impact on the dynamics of the digital fitness industry, include integration and cross-compatibility of personal health data and introduction of cross over products.