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The Global Move To Earn Fitness Apps Market size is expected to reach $1.2 billion by 2028, rising at a market growth of 19.1% CAGR during the forecast periodNEW YORK, Nov. 28, 2022 /PRNewswire/ -- The Global Move To Earn Fitness Apps Market size is expected to reach $1.2 billion by 2028, rising at a market growth of 19.1% CAGR during the forecast period. Walking has numerous benefits that have been established through various studies. Heart disease can be prevented by walking, which also increases heart rate, decreases blood pressure, and builds the heart. In just 24 weeks, post-menopausal women can drop their hypertension by roughly 11 points by walking just one to two kilometers every day. Market Restraining Factor Data Security and Privacy Worries Escalate with Such Apps A major concern with these apps is that data kept by several suppliers are not as secure. Since user information is regarded as sensitive, a higher level of privacy must be upheld in order to ensure that only authorized individuals can access it. Regulatory systems in many countries, like the Personal Information Protection and Electronic Documents Act (PIPEDA), safeguard any personal information obtained, utilized, or released within Canada. Canadian organizations may face legal repercussions if found to have violated the Act. Data privacy issues are rapidly expanding as user data volume increases and efforts to digitalize healthcare increase. Platform Outlook Based on platform, the move to earn fitness apps market is categorized into android, iOS, and others. The android segment witnessed a significant revenue share in the move to earn the fitness apps market in 2021. This is attributable to the platform’s rising popularity, particularly in emerging nations. The android-based devices are in extremely high numbers as they are not brand-specific operating software. Most cell phone brands in the economic nations work on android. Device Outlook On the basis of device, the move to earn fitness apps market is divided into smartphones, tablets, and wearable devices. The wearable devices segment recorded a substantial revenue share in the move to earn the fitness apps market in 2021. The expansion can be ascribed to technological advancements and the rising popularity of wearable fitness equipment. The segment’s growth is also being positively impacted by rising health concerns. Regional Outlook Based on region, the move to earn fitness apps market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North American region procured the maximum revenue share in the move to earn the fitness apps market in 2021. Fitness app adoption is on the rise, and there are many more prominent rivals in the market as a result of rising fitness consciousness and daily health monitoring. Additionally, the market is noticing an increase in the number of partnerships between major firms, which has led to the release of new apps. The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Higi SH LLC (Babylon Holdings Limited), Vitality Group International, Inc. (Discovery Limited), Under Armour, Inc. (MayMyFitness), Sweat Coin, Fitmint, Evidation Health, Inc., HealthyWage LLC, Diet Bet (WayBetter, Inc.) and Charity Miles LLC Scope of the Study Market Segments covered in the Report: By Platform • iOS • Android • Others By Device • Smart phones • Tablets • Wearable Devices By Geography • North America o US o Canada o Mexico o Rest of North America • Europe o Germany o UK o France o Russia o Spain o Italy o Rest of Europe • Asia Pacific o China o Japan o India o South Korea o Singapore o Malaysia o Rest of Asia Pacific • LAMEA o Brazil o Argentina o UAE o Saudi Arabia o South Africa o Nigeria o Rest of LAMEA Companies Profiled • Higi SH LLC (Babylon Holdings Limited) • Vitality Group International, Inc. (Discovery Limited) • Under Armour, Inc. (MayMyFitness) • Sweat Coin • Fitmint • Evidation Health, Inc. • HealthyWage LLC • Diet Bet (WayBetter, Inc.) • Charity Miles LLC Unique Offerings • Exhaustive coverage • Highest number of market tables and figures • Subscription based model available • Guaranteed best price • Assured post sales research support with 10% customization free Read the full report: https://www.reportlinker.com/p06364623/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker |