The global smart home gym equipment market is anticipated to grow with a considerable CAGR of 9.2% during the forecast period (2020-2026). The integration of new technologies such as artificial intelligence and the internet of things (IoT) is increasing the popularity of smart home gym equipment thus driving the market. The smart gym equipment is making exercising more convenient, easier, comfortable, and entertaining at home. Additionally, the increasing number of people valuing health is also driving the adoption of smart home gym equipment across the globe. Smart home gym equipment also enables fitness freaks to have their personalized fitness plan.
Moreover, the outbreak of the COVID-19 has significantly changed the scenario of gyming all across the globe. People are preferring to stay and exercising at home instead of at the gym. The preference for gym equipment integrated with instructions and online classes that can be followed at home has also increased significantly during the pandemic. Companies are also innovating with their products to offer such services. Some of the major also offering streaming services include Tempo Interactive Inc., Icon Health & Fitness, Inc., JAXJOX (Zinctex Inc.), Tonal Systems, Inc., Peloton Interactive, Inc., and many more.
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Global Smart home gym equipment Market Report Segment
By Product Type
- Treadmills
- Cycling Machines
- Rowing Machines
- Others (Virtual Fitness Trainer & walking peddles)
By Distribution Channel
- Online
- Offline
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