Tuesday, 02 January 2024 12:17 GMT

Connected Gym Equipment Market To Surge To USD 14 Billion By 2033


(MENAFN- GlobeNewsWire - Nasdaq) The connected gym equipment market is set to thrive due to health consciousness, the rise of home fitness, and tech advancements like AI/ML and IoT. Key opportunities lie in hyper-personalization, wearable integration, gamified workouts, and corporate wellness platforms, driven by urbanization and higher disposable incomes.

Dublin, Jan. 19, 2026 (GLOBE NEWSWIRE) -- The "Connected Gym Equipment Market Forecast to 2033" has been added to ResearchAndMarkets's offering.

The global connected gym equipment market, a rapidly evolving sector, is poised to expand significantly over the next decade. Estimated at USD 2.75 billion in 2024, the market is forecasted to reach USD 14.02 billion by 2033, marking a CAGR of 21.1% from 2025 to 2033. This robust growth is fueled by increased health consciousness, the surge in home fitness adoption following the pandemic, and technological innovation with AI/ML, IoT, and wearable integration.

Technological advancements provide users with personalized, data-driven workout experiences enhanced by interactive features like virtual and augmented reality. The emergence of subscription platforms, gamified exercises, and alignment with corporate wellness initiatives further boost user engagement and retention. While demand is driven by urbanization and rising disposable incomes, particularly in emerging markets, challenges such as high equipment costs, data privacy concerns, and inadequate internet infrastructure remain.

Market growth is propelled by consumer demand for convenient and personalized workout experiences. The integration of AI and IoT technologies allows users to monitor performance metrics, receive virtual coaching, and engage in adaptive training programs, whether at home or on the move. As consumers become more health-conscious and lead fast-paced lives, the hybrid fitness model gains traction. Smart cardio equipment, offering scalable and interactive solutions, is increasingly favored in both residential and commercial settings.

Hyper-personalization stands as a key market trend, where fitness routines are incrementally tailored to individual needs using advanced analytics and biometric tracking. The blending of fitness and entertainment, through gamified workouts and virtual reality experiences, is rendering fitness routines more immersive and engaging.

Global Connected Gym Equipment Market Report Segmentation

This report provides a comprehensive forecast of revenue growth at global, regional, and country levels, analyzing the latest industry trends and opportunities within sub-segments from 2021 to 2033. The report segments the market by product, application, and region:

Product Outlook (Revenue, USD Million, 2021-2033)

  • Cardiovascular Training Equipment
  • Strength Training Equipment
  • Functional Training Equipment

Application Outlook (Revenue, USD Million, 2021-2033)

  • Business-to-Consumer (B2C)
  • Business-to-Business (B2B)

Regional Outlook (Revenue, USD Million, 2021-2033)

  • North America
  • Europe
  • Asia-Pacific
  • Central & South America
  • Middle East & Africa

Why You Should Buy This Report

  • Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players.
  • Future Trends: Discover pivotal trends and drivers shaping the market's future.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

Report Deliverables

  • Market intelligence for effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listings to stay ahead

Companies Featured
The companies profiled in this Connected Gym Equipment market report include:

  • Peloton Interactive Inc.
  • iFIT Health & Fitness
  • Technogym S.p.A.
  • Life Fitness
  • Tonal Systems, Inc.
  • EGYM GmbH
  • Precor Incorporated
  • Ergatta, Inc.
  • Echelon Fitness Multimedia LLC
  • Johnson Health Tech Co., Ltd.

For more information about this report visit

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