Market revenue in 2021 | USD 59.4 million |
Market revenue in 2030 | USD 304.5 million |
Growth rate | 19.9% (CAGR from 2021 to 2030) |
Largest segment | Exercise & weight loss |
Fastest growing segment | Activity Tracking |
Historical data | 2018 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Exercise & Weight Loss, Diet & Nutrition, Activity Tracking |
Key market players worldwide | Apple Inc, Champion System, Alphabet Inc Class A, The Walt Disney Co |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fitness platforms for disabled market will help companies and investors design strategic landscapes.
Exercise & weight loss was the largest segment with a revenue share of 55.05% in 2021. Horizon Databook has segmented the Mexico fitness platforms for disabled market based on exercise & weight loss, diet & nutrition, activity tracking covering the revenue growth of each sub-segment from 2018 to 2030.
Emergence of fitness applications and platform developers strategizing development of innovative solutions is driving Mexico market. Increasing penetration of smartphones and growing number of internet users leading a healthy & active lifestyle by monitoring their exercise & fitness are driving market growth. In Mexico, as per Statista estimates in 2019, 60% of Mexicans owned a smartphone.
The COVID-19 pandemic significantly transformed businesses, and homes became the new workplace without access to fitness clubs, wellness centers, & gyms. During this period, fitness platform developers leveraged the situation and introduced online video exercises modules and numerous streaming videos, fitness audios, & meditation sessions.
As per United Nations Statistics Division, in 2019, 7.5% of the total Mexican population was disabled, of which 4.1 million disabled individuals pursued an active, fit lifestyle. Increase in awareness about health and wellness among people in the country is driving them to regularly engage with these fitness platforms, which is expected to expand potential consumer base for fitness platforms in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico fitness platforms for disabled market, including forecasts for subscribers. This country databook contains high-level insights into Mexico fitness platforms for disabled market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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