Learn about the global online/virtual fitness market through The Business Research Company, which provides information on online/virtual fitness market size, online/virtual fitness market drivers and restraints, online/virtual fitness market players, the COVID-19 impact on the online/virtual fitness market, and more.

The global online/virtual fitness market size is expected to grow from $11.39 billion in 2021 to $16.15 billion in 2022 at a compound annual growth rate (CAGR) of 41.84%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The online fitness market is expected to reach $79.87 billion in 2026 at a CAGR of 49.12%.

The rising penetration of smart devices is expected to propel the growth of the online/virtual fitness market.

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The online/virtual fitness market consists of sales of online/virtual fitness services and related products by entities (organizations, sole traders, and partnerships) that offer online accessibility of health and wellness to fitness-conscious consumers or persons who might not be keen or able to visit a gym. Virtual or online fitness is a convenience-based fitness/wellness service to the users to access a trainer online/virtually rather than visiting the fitness facility. Usually, the fitness training videos are provided on the web dashboards or fitness apps that are managed by the fitness trainer. In addition, virtual fitness sensors in smartphones and wearable enable various virtual fitness applications like sleep monitoring and running rhythm tracking to enhance users’ lifestyles and health.

Global Online/Virtual Fitness Market Segments Include:

By Device Type: Smart TV, Smartphones, Laptops, Desktops, Tablets

By End-User: Professional Gyms, Sports Institutes, Defense Institutes, Educational Institutions, Corporate Institutions, Individuals

By Revenue Model: Subscription, Advertisement, Hybrid

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the online or virtual fitness market in 2021.

On-demand offerings is a key trend gaining popularity in the online-virtual fitness market. On-demand online fitness services enable consumers to access fitness sessions at their convenience with their choice of workout programs, exercise difficulty levels and trainers.

TBRC’s online/virtual fitness market report covers:

Major Market Players: ClassPass Inc., FITBIT, INC., Fitness On Demand, Les Mills International Ltd., Navigate Wellbeing Solutions, Reh-Fit Centre, Sworkit Company, Viva Leisure, Wellbeats Inc., Zwift, Peloton Interactive, Inc, Health Clubs & Gyms, Fast Lean Fitness centre and Gym, Charter Fitness Inc., and MoveGB.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Online/Virtual Fitness Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides online/virtual fitness market overviews, analyzes and forecasts market size, share, online/virtual fitness market players, online/virtual fitness market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s online/virtual fitness market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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