Technavio -Connected Gym Equipment Market: Key Geographies that will Drive Growth.
ENPNewswire-July 21, 2021--Technavio -Connected Gym Equipment Market: Key Geographies that will Drive Growth
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Release date- 20072021 - Technavio - The connected gym equipment market is set to grow by $ 11.12 bn, accelerating at a CAGR of almost 26.93% during the forecast period.
This research report analyses the growth trajectory of the market with a purview to prevalent market scenario, trends, and drivers. It also provides competitive bench-marking of the key market players and their product portfolios.
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Connected Gym Equipment Market: Europe to lead market growth during the forecast period
33% of the market growth will originate from Europe during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Connected Gym Equipment Market size.
Increasing smartphone penetration and growing demand for connected gym services will be a significant factor in driving the growth of the connected gym equipment market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will thus enable clients to assess their play in the market and plan for growth opportunities.
Market is segmented by Product (Cardiovascular training equipment and Strength training equipment), End-user (Residential users and Commercial users), and Geography (North America, Europe, APAC, MEA, and South America).
Connected Gym Equipment Market to Post Incremental Growth of $ 11.12 bn During 2021-2025 | Key Geographies that will Drive Growth
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Connected Gym Equipment Market: Key Competitors
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Cybex International Inc., DJO Global Inc., EGYM Inc., Johnson Health Tech Inc., Life fitness...
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