Los Angeles, December 11, 2019 – QY Research has announced the inclusion of a new report on the global running apps market in its archive of application software market research studies. Titled “Global Running Apps Market Size, Status and Forecast 2019-2025,” the report offers in-depth analysis and accurate forecasts for the global running apps market. As per the report, the global running apps market is expected to rise at a tremendous CAGR of 14.2% between 2019 and 2025. By the end of 2025, the value of the global running apps market is projected to reach above US$900.0 Mn, increasing from more than US$300.0 Mn touched in 2018.
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Strong Participation in World Running Competitions as Growth Driver: The global running apps market is anticipated to achieve growth on the back of the increasing use of smart wearables that help to record fitness-related body activities. High popularity of connected health gadgets that enable easy and accurate monitoring of physical activities such as running, stair climbing, and walking could create sales opportunities in the global running apps market. Increasing participation in national and international sports competitions that involve running is expected to improve interest in using running apps. The Olympic Marathon, World Marathon Majors, and World Marathon Challenge are some of the popular running competitions in the world.
Adoption of Running Gadgets by Professional Runners: The global running apps market is segmented into Android and iOS on the basis of type. The report also throws light on the growth of application segments such as professional and amateur in the global running apps market. High curiosity of first-time or amateur runners to use smart apps to record their runs and evaluate their performance is anticipated to increase the demand for running apps in the amateur segment. Professional runners could also increase the demand for running apps, considering their high use of advanced running gadgets such as smart sensors, fitness armbands, and connected shoes. Most of these gadgets require dedicated apps to be connected to smartphones, tablets, or laptops.
North America and Asia Pacific as Highly Targeted Markets
● North America is expected to become one of the leading contributors to the global running apps market in terms of growth
● Increasing uptake of wearable and connected technologies and growing use of smart health devices could be among key growth drivers for the running apps market in North America
● The demand for running apps is also predicted to improve in Asia Pacific with the rising adoption of portable fitness and activity tracking devices
● High prevalence of diabetes and cardiovascular diseases increasing the need to maintain optimum fitness levels through workout and physical activity may improve the use of running apps in Asia Pacific
Technological Innovation as Key to Long-term Success: The report covers key players operating in the global running apps market, including Nike+, Couch to 5K (C25K), Runkeeper, Strava, Runtastic, Codoon, Under Armour, Garmin, and Sports Tracker. According to market analysts, there could be a number of new players entering the global running apps market in the coming years. Companies developing running apps are expected to attract new consumers with their latest innovations allowing increased level of app personalization, ease of use, and better user experience.
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