Global Digital Fitness Coaches Market Overview:
The next generation fitness revolution is a virtual or online workout. The various forms of online or virtual fitness offerings make health and wellness accessible to everyone, from shift workers to housewives, and to anyone who isn't interested or able to visit the gym. Schedule flexibility, a wide variety of fitness formats such as yoga or meditation, and professional guidance at home/office are all advantages of virtual on demand and live streaming fitness offerings. The Digital Fitness Coach creates personalized fitness programmes for their clients, which they then deliver to their clients via an online platform. Clients of the coach then carry out their fitness training somewhere, report back to their coach via the online platform, and discuss their results via the same platform and/or an ongoing monthly video consultation. The online platforms have enabled coaches to communicate much more effectively with their clients and vice versa, and as they have grown, they have included more and more features such as benchmark tracking, workout compliance scoring, and strong messaging systems, so that the client feels closer to their coach even if they are potentially across the world.
- Growing Popularity of Digital Fitness Offerings due to COVID Pandemic
- Rise in Awareness of Health and Fitness is one of the Driving Forces Behind the Fitness Industry
- High Cost of Content Creation and Online Programs
- Lack of Availability of Reliable Network Connectivity
- Rising Opportunities in Emerging Economies
- Increasing Adoption of Subscription Based Virtual Fitness Training Sessions
- Customers are Increasingly Frustrated with Dealing with Inconsistent, Buggy Tools
The demand for Digital Fitness Coaches is increasing. The industry is segmented, but it is predicted to grow as rise in awareness of health and fitness and growing use of online fitness programs, among other factors, drive the market forward. Businesses in this sector face global competition from market leaders who control a large share of the market. Companies are differentiating their products from competition by employing environmentally friendly materials and manufacturing techniques. The Leading Players are engaging in strategic global expansion to maintain their Market Position.
Some of the key players profiled in the report are TrueCoach (United States), Tempo (United States), Freeletics (Germany), The Athlete Factory (United Kingdom), Daily Burn (United States), Virgin Active (United Kingdom), Titan Fitness (United States), Gold’s Gym (United States), Reh-Fit Centre (Canada) and Viva Leisure (Australia). Additionally, following companies can also be profiled that are part of our coverage like Brute Company LLC (Belgium), Cult. Fit (India) and Tempo (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Digital Fitness Coaches market by 2026. Considering Market by Streaming, the sub-segment i.e. Online Programs will boost the Digital Fitness Coaches market. Considering Market by Device, the sub-segment i.e. Mobile will boost the Digital Fitness Coaches market. Considering Market by Subscription, the sub-segment i.e. Monthly will boost the Digital Fitness Coaches market.
In October 2019 Daily Burn Launched its Dedicated Running App With Audio-Guided Runs And Custom Weekly Plans. The new app will include content for all members who want to improve their running, regardless of their level or experience, all from the convenience of their mobile phone.
What Can be Explored with the Digital Fitness Coaches Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Digital Fitness Coaches Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Digital Fitness Coaches
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Digital Fitness Coaches market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Digital Fitness Coaches market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners and End-use industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Digital Fitness Coaches Market?
The Digital Fitness Coaches market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Digital Fitness Coaches Market?
Top performing companies in the Global Digital Fitness Coaches market are TrueCoach (United States), Tempo (United States), Freeletics (Germany), The Athlete Factory (United Kingdom), Daily Burn (United States), Virgin Active (United Kingdom), Titan Fitness (United States), Gold’s Gym (United States), Reh-Fit Centre (Canada) and Viva Leisure (Australia), to name a few.
3. What trending factors would impact Digital Fitness Coaches Market growth most?
"Technological Advancements in AR & VR Based Fitness Programs
" is seen as one of major influencing trends for Digital Fitness Coaches Market during projected period 2020-2026.