Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 693.11 million

CAGR (2024-2029)

17.01%

Fastest Growing Segment

Android

Largest Market

North America

 

Market Overview

Global Exercise And Weight Loss Apps Market was valued at USD 693.11 million in 2023 and is anticipated to project impressive growth in the forecast period with a CAGR of 17.01% through 2029. The Global Exercise and Weight Loss Apps Market refers to the segment of the fitness and health technology industry that focuses on mobile applications designed to assist users in achieving their exercise and weight loss goals. These apps typically offer a wide range of features and services, including workout planning, tracking, diet and nutrition management, and social support.

Key Market Drivers

Increasing Health Consciousness

In recent years, the Global Exercise and Weight Loss Apps Market has witnessed substantial growth, and a driving force behind this expansion is the global increase in health consciousness. The modern world is becoming increasingly aware of the importance of a healthy lifestyle, and people are actively seeking ways to monitor and improve their overall well-being.

A crucial factor behind the surge in health consciousness is the widespread availability of information. The internet, social media, and healthcare campaigns have contributed to educating the public about the risks of a sedentary lifestyle, poor nutrition, and obesity. People are now better informed about the consequences of unhealthy habits, prompting them to take action.

Increasingly, individuals are shifting their focus from reactive healthcare to preventive measures. They want to avoid lifestyle-related diseases such as diabetes, heart disease, and obesity by proactively managing their health. Exercise and weight loss apps provide a convenient means of doing so, offering preventive solutions for a healthier future.

Lifestyle-related diseases, such as diabetes and hypertension, are on the rise globally. The fear of these conditions has driven many individuals to proactively engage in fitness and weight management. Exercise and weight loss apps offer a proactive approach to combat such diseases and improve overall health.

The modern, fast-paced lifestyle often leads to increased stress levels. Many individuals have turned to exercise as a means to alleviate stress, anxiety, and depression. Exercise and weight loss apps provide guided workouts and meditation programs that help individuals not only stay fit but also manage their mental health, contributing to an overall sense of well-being.

Exercise and weight loss apps are readily available on smartphones and other devices. Ease of access and use means that anyone, regardless of their fitness level, can embark on a health and fitness journey from the comfort of their own home or at their convenience. This accessibility encourages more people to adopt healthier habits.

The apps offer personalized fitness plans and dietary guidance. Users can set individual goals, monitor progress, and receive tailored recommendations based on their preferences and needs. The customization ensures that health-conscious individuals are more likely to achieve their goals with these apps.

The integration of exercise and weight loss apps with wearable fitness devices allows users to monitor their health and fitness in real time. These devices provide data on heart rate, steps taken, calories burned, and more. This real-time feedback reinforces the idea of being health-conscious and encourages users to make healthier choices.

Many exercises and weight loss apps incorporate social features that allow users to join communities, participate in challenges, and share their progress. The sense of community support keeps health-conscious individuals motivated and accountable, driving engagement with the apps.

Accessibility and Convenience

The Global Exercise and Weight Loss Apps Market has seen a remarkable surge in recent years, and at the heart of this growth are two pivotal factors: accessibility and convenience. In a world increasingly reliant on technology, exercise and weight loss apps are offering users the ability to embark on their fitness journeys with unprecedented ease and flexibility.

The ubiquity of smartphones is one of the primary drivers of the success of exercise and weight loss apps. With the majority of the global population owning a smartphone, these apps are within easy reach for nearly everyone. Users can conveniently download and install fitness apps, turning their smartphones into portable personal trainers.

Exercise and weight loss apps eliminate the need for expensive gym memberships or access to specialized fitness equipment. Users can engage in workouts and diet management from the comfort of their homes or on the go. The flexibility of accessing these apps at any time and place aligns with the modern lifestyle that values convenience and multitasking.

These apps cater to a wide range of fitness levels and objectives. Whether a user is a beginner looking to shed a few pounds or a seasoned athlete aiming to maintain peak performance, exercise and weight loss apps provide tailored workouts and diet plans. The customized approach ensures that users can choose programs that suit their specific needs.

The market offers a diverse range of exercise and weight loss apps catering to various fitness preferences. Users can opt for yoga, running, strength training, HIIT, or specialty workouts. The vast array of choices allows individuals to select apps that resonate with their personal interests and goals.

Many exercise and weight loss apps seamlessly integrate with wearable fitness devices, such as smartwatches and fitness trackers. This integration provides users with real-time data, such as heart rate monitoring, step counting, and calorie tracking. It enhances the convenience factor by offering instant feedback and insights.

The apps often include guided workout routines, which is particularly beneficial for those new to fitness. The step-by-step instructions and video demonstrations ensure that users can follow along without the need for a physical trainer. This guidance enhances the convenience of working out at home or in any location.

Monitoring one's fitness journey is made simple through these apps. Users can track their progress, set goals, and see improvements over time. This built-in feature motivates users to stay on course, as they can witness tangible results on their devices.

Many exercise and weight loss apps foster community and social engagement. Users can join virtual fitness communities, participate in challenges, and share their progress. This social support network adds an extra layer of convenience, making users feel part of a like-minded community, even in the digital realm.

Personalization and Guidance

The Global Exercise and Weight Loss Apps Market has been on a rapid ascent, and at the core of this expansion are the factors of personalization and guidance. In today's fitness landscape, individuals increasingly demand tailored solutions to meet their unique needs and goals. Exercise and weight loss apps are rising to the challenge by offering personalized fitness plans and expert guidance.

Personalization lies at the heart of exercise and weight loss apps. Users can set their fitness goals, whether it's weight loss, muscle gain, or improved cardiovascular health. The apps then generate workout routines and diet plans specific to these objectives. This tailored approach ensures that users feel a genuine connection between their goals and the app's guidance.

These apps cater to users with varying levels of fitness expertise. Whether you're a beginner taking your first steps into the fitness world or an experienced athlete looking for new challenges, these apps offer programs designed to match your fitness level. This adaptability encourages users to explore new exercises while gradually improving their fitness.

Users can select exercise routines that align with their personal preferences. From yoga and Pilates to high-intensity interval training (HIIT) and strength training, exercise and weight loss apps offer a wide variety of workouts. This variety ensures that users are more likely to engage consistently and find joy in their fitness journey.

Achieving fitness goals often requires a balance between exercise and proper nutrition. These apps provide dietary guidance, helping users make informed choices about what they eat. Meal planning, calorie tracking, and nutritional information enable users to maintain a balanced diet, in line with their fitness objectives.

Many apps incorporate real-time feedback features. Whether it's correcting exercise form or monitoring heart rate during workouts, users receive instant guidance. This real-time assistance enhances the effectiveness of workouts and ensures users maintain a safe and efficient regimen.

Progress tracking is a fundamental element of exercise and weight loss apps. Users can record their progress, set and adjust goals, and observe their fitness journey over time. This not only motivates users to stay committed but also provides a tangible sense of accomplishment.

Wearable Technology Integration

The Global Exercise and Weight Loss Apps Market is undergoing a rapid and transformative expansion, and at the core of this evolution is the seamless integration of wearable technology. Wearable devices such as fitness trackers and smartwatches have become indispensable tools for fitness enthusiasts. These devices, in conjunction with exercise and weight loss apps, offer users real-time data and actionable insights.

One of the most significant contributions of wearable technology is the ability to provide real-time data. Fitness trackers and smartwatches continuously monitor various health metrics, including heart rate, steps taken, calories burned, and even sleep patterns. This real-time feedback is invaluable for users as it keeps them informed about their progress and encourages them to stay on track with their fitness goals.

With wearable technology integration, users receive constant updates about their physical activities and health, helping to boost motivation. Meeting daily step goals, achieving a target heart rate during workouts, or maintaining a consistent sleep schedule can serve as powerful motivators. Immediate feedback promotes adherence to exercise and weight loss programs.

Exercise and weight loss apps leverage the data collected by wearables to provide users with personalized insights. These insights can range from recommendations for adjusting workout intensity to making better dietary choices. Such tailored guidance enhances the effectiveness of fitness regimens and helps users make informed decisions.

Wearable technology integration ensures the smooth transfer of data between the wearable device and the app. Users no longer need to manually input their fitness data, reducing the risk of errors and saving time. This convenience encourages consistent data tracking and adherence to fitness programs.

Some wearables now offer dietary tracking features, enabling users to log their meals and calorie intake. This information can seamlessly integrate with exercise and weight loss apps, allowing for a comprehensive view of users' health and fitness journey. The combination of physical activity and nutritional tracking ensures a holistic approach to wellness.

Wearable technology often includes social features that allow users to connect with friends and fitness communities. These features can be integrated into exercise and weight loss apps, creating a sense of community and competition. Users can share their progress and engage in challenges, fostering motivation and accountability.

Beyond exercise, wearables often include health monitoring features such as heart rate variability, stress tracking, and even ECG capabilities. This expanded functionality aligns with a holistic approach to health and fitness, enabling users to monitor their well-being beyond just physical activity.


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Key Market Challenges

Data Privacy and Security Concerns

One of the most significant challenges in the market is ensuring the privacy and security of user data. Exercise and weight loss apps collect sensitive information about users' health, fitness routines, and dietary habits. The industry must address concerns related to data breaches and unauthorized access, ensuring that user data remains confidential and protected.

User Engagement and Retention

While millions of users download exercise and weight loss apps, retaining their engagement over time can be challenging. Many users start with enthusiasm but lose interest or motivation over time, leading to high churn rates.

App Monetization and Pricing Models

Determining the right pricing model for exercise and weight loss apps can be tricky. While free apps with in-app purchases (freemium) are popular, striking the right balance between providing value and generating revenue can be challenging.

Key Market Trends

Personalized Workouts with Artificial Intelligence (AI)

The integration of artificial intelligence is set to revolutionize exercise apps. AI can analyze user data, including fitness levels, goals, and performance, to generate personalized workout routines and dietary recommendations. This level of personalization will enhance user engagement and lead to more effective results.

Immersive Fitness Experiences with Virtual Reality (VR)

Virtual reality technology is increasingly being incorporated into exercise apps. VR workouts provide users with immersive experiences, making exercise more enjoyable and engaging. Users can explore virtual landscapes, participate in interactive fitness games, and even join virtual group classes from the comfort of their homes.

Nutrition Guidance and Meal Planning

The market is moving towards comprehensive solutions that combine fitness and nutrition. Exercise apps will increasingly offer meal planning, calorie tracking, and nutritional guidance, allowing users to maintain a balanced diet that complements their fitness goals.

Segmental Insights

Platform Insights

Based on the category of Platform, the iOS sector dominated the revenue landscape in 2023, showcasing remarkable growth. Various industry leaders employed diverse strategies to maintain their market positions. Notably, in March 2023, MyFitnessPal secured the top spot among fitness and sports mobile applications, generating nearly $12 million in in-app earnings. WeightWatchers earned approximately $4.7 million, while Peloton, renowned for its stationary bikes and treadmills, raked in about $3.8 million through in-app purchases in the same month. Furthermore, the iOS segment's expansion in recent years can be attributed to a substantial increase in the number of active Apple device users. This figure grew from 1.4 billion in the initial fiscal quarter of 2019 to 1.5 billion in the initial fiscal quarter of 2020, as reported by Apple, Inc.

Conversely, the Android sector is poised to experience the highest CAGR over the projected period. This can be attributed to its extensive accessibility across various price points, an open ecosystem that encourages a diverse range of apps, a significant global market share, compatibility with a wide range of devices, including wearables, continuous app development, and a strong presence in emerging markets where health and fitness interests are on the rise. These factors collectively position Android as a leading platform for fitness and weight loss solutions, propelling its rapid growth. As of 2023, Google Play store boasts a substantial selection of apps, with nearly 5 million available, and approximately 96.4% are free of charge. A noteworthy point is that around 98% of the revenue generated by Google Play originates from these free apps. In the previous year, Google Play achieved a total revenue of $42.3 billion from apps and games in 2022.

Device Insights

In 2023, the smartphones category took the lead in terms of revenue share. The widespread adoption of fitness and weight loss apps on smartphones has emerged as a cost-effective alternative to expensive gym memberships and fitness centers, serving as a primary driver for market expansion. The industry is experiencing a growing demand for enhanced flexibility and adaptability, which is fostering innovation and disruptions within the app ecosystem.

Furthermore, the evolution of smartphone technology, particularly its focus on optimizing live sessions, is expected to fuel market growth. Smartphones, known for their ample storage, portability, and user-friendly interfaces, have become the preferred choice for monitoring and tracking physical activities. Increasing affordability and decreasing hardware costs are spurring the demand for smartphones, especially in low-income regions. This has propelled the growth of exercise and fitness apps, surpassing adoption rates in high-income areas.

The wearable devices segment is projected to experience the highest CAGR during the forecast period. The market has witnessed a significant surge in the adoption of wearable devices, with insights from a 2022 survey conducted in the U.S. shedding light on this trend. Sixty-four percent of respondents reported using smartwatches and fitness trackers primarily to monitor their daily step count, making these wearables powerful tools for promoting physical activity. Additionally, 36% of individuals found these gadgets to be motivational aids, benefiting from reminders and achievement badges to enhance their exercise routines. Twenty-seven percent of survey participants relied on wearable devices for meticulous tracking of their weight loss progress. These statistics underscore the increasing popularity and multifunctional roles of smartwatches and fitness trackers in empowering individuals to pursue and maintain their health and fitness goals, making wearables the fastest-growing segment in the exercise and weight loss market.


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Regional Insights

  • In 2023, North America led in terms of revenue share. The region's growth was propelled by several factors, including the rapid proliferation of smartphones, the expansion of network coverage, the increasing prevalence of chronic illnesses, and the growing senior population. The exercise and weight loss app market is expected to witness significant growth, primarily driven by video-based workouts and interconnected devices offering diverse training platforms. For instance, based on a OnePoll survey, 74% of Americans turned to fitness apps during quarantine, with 60% finding home workouts so enjoyable that they are considering canceling their expensive gym memberships. Additionally, these apps provide the added benefit of having a personal trainer accessible at home. The growth is further attributed to the rising incidence of conditions like diabetes, obesity, and cardiovascular diseases in the region. Furthermore, the recent surge in mergers, acquisitions, and product launches has had a positive impact on the market.
  • On the other hand, Asia Pacific is expected to experience the highest CAGR over the forecast period, owing to an increasing obesity rate, higher healthcare spending, and a growing population of athletes. Moreover, the adoption of these apps in developing and underdeveloped countries during the COVID-19 pandemic is fueling market growth. For instance, according to Visualcapitalist, India witnessed a 156% surge in app downloads, resulting in 58 million new active users during India's extensive lockdown measures from March 25 to May 2020, covering 1.3 billion people, making it the largest lockdown globally.

Recent Developments

  • In August 2023, Amo, an IT company, unveiled HARNA, a fitness application that syncs with the menstrual cycle to help women seamlessly incorporate physical activity into their daily routines. HARNA, which adopts a cycle-based approach, is meticulously crafted to optimize the effectiveness of workouts by taking into account the various phases of the menstrual cycle. The app's primary objective is to empower women by increasing their self-awareness about their bodies, aligning physical activities with their menstrual cycle, overcoming common challenges like fatigue and menstrual discomfort, and enhancing their enjoyment of sports and fitness.
  • In May 2023, the Indian cricketer Virat Kohli introduced the One8 Fitness app as an extension of his sportswear brand, One8. This app, developed in partnership with Trion, a fitness app provider, is readily available for download on Android and iOS platforms. The One8 Fitness app offers personalized workout plans that adapt to an individual's fitness level and personal preferences, catering to both beginners and experienced fitness enthusiasts.
  • In October 2020, Future announced the launch of a subscription app priced at $150 per month, offering a virtual collaboration with real fitness coaches. Leveraging the health tracking capabilities of the Apple Watch, the company aims to create a platform that combines motivation, accountability, and fitness expertise. Approximately 18 months after announcing a Series A funding round led by Kleiner Perkins, Future has successfully secured a Series B funding round worth $24 million, with Trustbridge Partners taking the lead and participation from Caffeinated Capital and Kleiner Perkins.

Key Market Players

  • MyFitnessPal LLC
  • Fitnesskeeper Inc.
  • My Diet Coach
  • Fitbit Inc
  • Noom Inc
  • PlateJoy Inc
  • Google LLC
  • Sworkit
  • WW International, Inc.
  • Yazio
  • Lose it
  • Daily Burn

 By Platform

By Device

By Region

  • Android
  • IOS
  • Others
  • Smartphones
  • Tablets
  • Wearable Devices
  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Exercise And Weight Loss Apps Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Exercise And Weight Loss Apps Market, By Platform:

o   Android

o   IOS

o   Others

  • Exercise And Weight Loss Apps Market, By Device:

o   Smartphones

o   Tablets

o   Wearable Devices

  • Exercise And Weight Loss Apps Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  Germany

§  United Kingdom

§  France

§  Italy

§  Spain

o   Asia-Pacific

§  China

§  Japan

§  India

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Exercise And Weight Loss Apps Market.

Available Customizations:

Global Exercise And Weight Loss Apps market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Exercise And Weight Loss Apps Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Exercise And Weight Loss Apps Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Platform (Android, IOS, Others)

5.2.2.    By Device (Smartphones, Tablets, Wearable Devices)

5.2.3.    By Region

5.2.4.    By Company (2023)

5.3.  Product Market Map

5.3.1.    By Platform

5.3.2.    By Device

5.3.3.    By Region

6.    North America Exercise And Weight Loss Apps Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Platform (Android, IOS, Others)

6.2.2.    By Device (Smartphones, Tablets, Wearable Devices)

6.2.3.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Exercise And Weight Loss Apps Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Platform

6.3.1.2.2.           By Device

6.3.2.    Canada Exercise And Weight Loss Apps Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Platform

6.3.2.2.2.           By Device

6.3.3.    Mexico Exercise And Weight Loss Apps Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Platform

6.3.3.2.2.           By Device

7.    Europe Exercise And Weight Loss Apps Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Platform (Android, IOS, Others)

7.2.2.    By Device (Smartphones, Tablets, Wearable Devices)

7.2.3.    By Country

7.3.  Europe: Country Analysis

7.3.1.    Germany Exercise And Weight Loss Apps Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Platform

7.3.1.2.2.           By Device

7.3.2.    United Kingdom Exercise And Weight Loss Apps Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Platform

7.3.2.2.2.           By Device

7.3.3.    France Exercise And Weight Loss Apps Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Platform

7.3.3.2.2.           By Device

7.3.4.    Italy Exercise And Weight Loss Apps Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Platform

7.3.4.2.2.           By Device

7.3.5.    Spain Exercise And Weight Loss Apps Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Platform

7.3.5.2.2.           By Device

8.    Asia-Pacific Exercise And Weight Loss Apps Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Platform (Android, IOS, Others)

8.2.2.    By Device (Smartphones, Tablets, Wearable Devices)

8.2.3.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Exercise And Weight Loss Apps Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Platform

8.3.1.2.2.           By Device

8.3.2.    Japan Exercise And Weight Loss Apps Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Platform

8.3.2.2.2.           By Device

8.3.3.    India Exercise And Weight Loss Apps Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Platform

8.3.3.2.2.           By Device

8.3.4.    Australia Exercise And Weight Loss Apps Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Platform

8.3.4.2.2.           By Device

8.3.5.    South Korea Exercise And Weight Loss Apps Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Platform

8.3.5.2.2.           By Device

9.    South America Exercise And Weight Loss Apps Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Platform (Android, IOS, Others)

9.2.2.    By Device (Smartphones, Tablets, Wearable Devices)

9.2.3.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Exercise And Weight Loss Apps Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Platform

9.3.1.2.2.           By Device

9.3.2.    Argentina Exercise And Weight Loss Apps Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Platform

9.3.2.2.2.           By Device

9.3.3.    Colombia Exercise And Weight Loss Apps Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.