Fitness App Market Size, Share, Industry Trends, Analysis & Forecast to 2027

Global Fitness APP Market Size, Share, Growth, Industry Trends, Competitive Analysis and Forecast to 2030

Report ID: RC67156 | Report Format: PDF + Excel | Starting Price: 3800/- USD | Last Updated: July 6th, 2023

The global fitness app market size was accounted for over USD 4.2 billion in 2020 and expected to grow at a significant CAGR of over 21.2% during the forecast period 2021 to 2027. The increasing use of fitness mobile apps and the rising demand for wearable fitness trackers are some primary factors to drive the market growth globally. The increasing adoption of digital transformation in the healthcare industry is expected to provide new opportunities in the fitness app market growth. Moreover, changing lifestyles and increasing awareness regarding health among individuals are some other factors to propel the market. However, many health apps are vulnerable to data privacy which is expected to restrain the market growth.

Market Snapshot:

Benchmark Year		2022
Market Size		> USD 4.2 Billion in 2020
Market Growth (CAGR)		> 21.2% (2023-2030)
Largest Market Share
Analysis Period		2020-2030
Market Players		Adidas, Fitbit, Inc., Appster, and Azumio, Inc.

Market Drivers:

Increasing Health and Fitness Awareness: There is a growing awareness and emphasis on health and fitness among individuals worldwide. People are becoming more conscious of their physical well-being and are seeking convenient and accessible solutions to help them achieve their fitness goals. Fitness apps provide a convenient platform for users to track their fitness activities, set goals, and monitor their progress.

Proliferation of Smartphones and Mobile Devices: The widespread availability of smartphones and mobile devices has significantly contributed to the growth of the fitness app market. With the increasing ownership of smartphones, individuals have easy access to fitness apps that offer features such as workout plans, nutrition tracking, activity monitoring, and personalized training programs.

Convenience and Accessibility: Fitness apps offer users the convenience of accessing fitness programs and guidance anytime, anywhere. Users can follow workout routines, receive personalized training plans, and track their progress without the need for expensive gym memberships or personal trainers. The convenience and accessibility provided by fitness apps attract a wide user base.

Integration of Wearable Devices and Sensors: The integration of fitness apps with wearable devices and sensors, such as fitness trackers and smartwatches, has enhanced the capabilities and functionality of these apps. Fitness apps can now collect and analyze data on various health and fitness metrics, including steps taken, calories burned, heart rate, and sleep patterns. This integration provides users with a comprehensive view of their fitness activities and progress.

Gamification and Social Features: Many fitness apps incorporate gamification elements and social features to enhance user engagement and motivation. Gamification elements, such as challenges, achievements, and rewards, make fitness activities more enjoyable and encourage users to stay active. Social features, such as sharing workout results, competing with friends, and joining virtual communities, create a sense of accountability and social support.

Personalization and Customization: Fitness apps offer personalized and customized experiences tailored to individual users’ goals, preferences, and fitness levels. Users can input their personal information, set goals, and receive personalized recommendations for workouts, nutrition plans, and progress tracking. The ability to personalize fitness experiences attracts and retains users.

Data Analytics and Insights: Fitness apps collect and analyze user data to provide valuable insights and feedback. Users can access detailed reports, trends, and recommendations based on their fitness activities and progress. Data analytics help users understand their performance, identify areas for improvement, and make informed decisions to optimize their fitness routines.

Integration with Health and Wellness Ecosystem: Fitness apps are increasingly integrating with other health and wellness platforms, such as nutrition tracking apps, sleep trackers, and meditation apps. This integration allows users to have a holistic view of their overall health and wellness, promoting a comprehensive approach to fitness and well-being.

Market Insights:

The global fitness app market is bifurcated into app type, platform, device, and region. On the basis of type, the market is further divided into exercise & weight loss, diet & nutrition, activity tracker, and others. The exercise & weight loss apps accounted to hold the largest market share in 2020 and valued at around 55% of market share by revenue. The segment growth is attributed to the rising prevalence of obesity across the globe. According to the latest shared research, 8% of deaths were resulted due to obesity in 2017. As per the latest information shared by WHO, 38.2 million children were estimated as overweight under the age of 5 years in 2019.

By devices, the fitness app market is classified into smartphones, wearable devices, and tablets. The smartphone segment held the largest market share in 2020 and accounted to hold a major share of around 67% of the global market by revenue. The increasing number of users of smartphones across the globe is a primary factor to drive the segment growth. Furthermore, increasing disposable income in developing economies is expected to fuel the segment growth over the forecast period.

Global Fitness App Market Analysis & Forecast

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The fitness app comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2020 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

Global fitness app market size and forecast were obtained by using “Bottom-up” and “Top-down” approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions.

The fitness app market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Market Segmentation:

By Type:

Exercise & Weight Loss
Diet & Nutrition
Activity Tracking
Others

By Platform:

Android
iOS
Others

By Device:

Smartphones
Tablets
Wearable Devices

By Region:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Geographic Coverage:

Geographically, the fitness app market report comprises dedicated sections centering on the regional market revenue and trends. The fitness app market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The fitness app market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Fitness app market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2021 – 2027.

Competition Assessment:

Key players operating in the global fitness app market are Adidas, Fitbit, Inc., Appster, and Azumio, Inc. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

Adidas
Fitbit, Inc.
Appster
Azumio, Inc.
MyFitnessPal Inc.
Applico
FitnessKeeper
Aaptiv
Nike
Appinventiv

Key Questions Answered by Fitness App Market Report:

Global fitness app market forecasts from 2021-2027
Regional fitness app market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
Fitness app submarket forecasts from 2021-2027 covering the market by type, by platform, by devices, and geography
Various industry models such as SWOT analysis, Value Chain Analysis pertaining to fitness app market
Analysis of the key factors driving and restraining the growth of the global, regional and country-level fitness app markets from 2021-2027
Competitive Landscape and market positioning of top 10 players operating in the fitness app market

Table of Content:

1. Preface

1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

2. Executive Summary

2.1. Global Fitness App Market Portraiture
2.2. Global Fitness App Market, by Type, 2020 (USD Mn)
2.3. Global Fitness App Market, by Platform, 2020 (USD Mn)
2.4. Global Fitness App Market, by Device, 2020 (USD Mn)
2.5. Global Fitness App Market, by Geography, 2020 (USD Mn)

3. Global Fitness App Market Analysis

3.1. Fitness App Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis

4. Global Fitness App Market By Type, 2018 – 2027 (USD Mn)

4.1. Overview
4.2. Exercise & Weight Loss
4.3. Diet & Nutrition
4.4. Activity Tracking
4.5. Others

5. Global Fitness App Market By Platform, 2018 – 2027 (USD Mn)

5.1. Overview
5.2. Android
5.3. iOS
5.4. Others

6. Global Fitness App Market By Device, 2018 – 2027 (USD Mn)

6.1. Overview
6.2. Smartphones
6.3. Tablets
6.4. Wearable Devices

7. Global Fitness App Market, By Geography, 2018 – 2027 (USD Mn)

7.1. Introduction
7.2. North America
7.2.1. Overview
7.2.2. North America Fitness App Market by Type (2018-2027 USD Mn)
7.2.3. North America Fitness App Market by Platform (2018-2027 USD Mn)
7.2.4. North America Fitness App Market by Device (2018-2027 USD Mn)
7.2.5. North America Fitness App Market by Country (2018-2027 USD Mn)
7.2.5.1. U.S.
7.2.5.2. Canada
7.3. Europe
7.3.1. Overview
7.3.2. Europe Fitness App Market by Type (2018-2027 USD Mn)
7.3.3. Europe Fitness App Market by Platform (2018-2027 USD Mn)
7.3.4. Europe Fitness App Market by Device (2018-2027 USD Mn)
7.3.5. Europe Fitness App Market by Country (2018-2027 USD Mn)
7.3.5.1. Germany
7.3.5.2. U.K.
7.3.5.3. France
7.3.5.4. Italy
7.3.5.5. Rest of Europe
7.4. Asia Pacific
7.4.1. Overview
7.4.2. Asia Pacific Fitness App Market by Type (2018-2027 USD Mn)
7.4.3. Asia Pacific Fitness App Market by Platform (2018-2027 USD Mn)
7.4.4. Asia Pacific Fitness App Market by Device (2018-2027 USD Mn)
7.4.5. Asia Pacific Fitness App Market by Country (2018-2027 USD Mn)
7.4.5.1. China.
7.4.5.2. Japan
7.4.5.3. Rest of Asia Pacific
7.5. Latin America (LATAM)
7.5.1. Overview
7.5.2. Latin America Fitness App Market by Type (2018-2027 USD Mn)
7.5.3. Latin America Fitness App Market by Platform (2018-2027 USD Mn)
7.5.4. Latin America Fitness App Market by Device (2018-2027 USD Mn)
7.5.5. Latin America Fitness App Market by Country (2018-2027 USD Mn)
7.5.5.1. Brazil
7.5.5.2. Mexico
7.5.5.3. Rest of Latin America
7.6. Middle East and Africa
7.6.1. Overview
7.6.2. MEA Fitness App Market by Type (2018-2027 USD Mn)
7.6.3. MEA Fitness App Market by Platform (2018-2027 USD Mn)
7.6.4. MEA Fitness App Market by Device (2018-2027 USD Mn)
7.6.5. Middle East and Africa Fitness App Market, by Country (2018-2027 USD Mn)
7.6.5.1. GCC
7.6.5.2. Rest of MEA

8. Company Profiles

8.1. Adidas
8.1.1. Business Description
8.1.2. Financial Health and Budget Allocation
8.1.3. Product Positions/Portfolio
8.1.4. Recent Development
8.1.5. SWOT Analysis
8.2. Fitbit, Inc.
8.2.1. Business Description
8.2.2. Financial Health and Budget Allocation
8.2.3. Product Positions/Portfolio
8.2.4. Recent Development
8.2.5. SWOT Analysis
8.3. Appster
8.3.1. Business Description
8.3.2. Financial Health and Budget Allocation
8.3.3. Product Positions/Portfolio
8.3.4. Recent Development
8.3.5. SWOT Analysis
8.4. Azumio, Inc.
8.4.1. Business Description
8.4.2. Financial Health and Budget Allocation
8.4.3. Product Positions/Portfolio
8.4.4. Recent Development
8.4.5. SWOT Analysis
8.5. MyFitnessPal Inc.
8.5.1. Business Description
8.5.2. Financial Health and Budget Allocation
8.5.3. Product Positions/Portfolio
8.5.4. Recent Development
8.5.5. SWOT Analysis
8.6. Applico
8.6.1. Business Description
8.6.2. Financial Health and Budget Allocation
8.6.3. Product Positions/Portfolio
8.6.4. Recent Development
8.6.5. SWOT Analysis
8.7. FitnessKeeper
8.7.1. Business Description
8.7.2. Financial Health and Budget Allocation
8.7.3. Product Positions/Portfolio
8.7.4. Recent Development
8.7.5. SWOT Analysis
8.8. Aaptiv
8.8.1. Business Description
8.8.2. Financial Health and Budget Allocation
8.8.3. Product Positions/Portfolio
8.8.4. Recent Development
8.8.5. SWOT Analysis
8.9. Nike
8.9.1. Business Description
8.9.2. Financial Health and Budget Allocation
8.9.3. Product Positions/Portfolio
8.9.4. Recent Development
8.9.5. SWOT Analysis
8.10. Appinventiv
8.10.1. Business Description
8.10.2. Financial Health and Budget Allocation
8.10.3. Product Positions/Portfolio
8.10.4. Recent Development
8.10.5. SWOT Analysis

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List of Tables:

TABLE 1 Market Snapshot: Global Fitness App Market

TABLE 2 Impact Indicators

TABLE 3 Impact Analysis of Drivers and Challenges

TABLE 4 Global Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 5 Global Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 6 Global Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 7 North America Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 8 North America Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 9 North America Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 10 North America Fitness App Market Value, By Country, 2018 - 2027 (US$ Mn)

TABLE 11 U.S. Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 12 U.S. Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 13 U.S. Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 14 Canada Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 15 Canada Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 16 Canada Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 17 Europe Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 18 Europe Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 19 Europe Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 20 Europe Fitness App Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 21 Germany Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 22 Germany Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 23 Germany Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 24 U.K. Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 25 U.K. Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 26 U.K. Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 27 France Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 28 France Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 29 France Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 30 Italy Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 31 Italy Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 32 Italy Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 33 Rest of Europe Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 34 Rest of Europe Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 35 Rest of Europe Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 36 Asia Pacific Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 37 Asia Pacific Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 38 Asia Pacific Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 39 Asia Pacific Fitness App Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 40 Japan Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 41 Japan Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 42 Japan Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 43 China Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 44 China Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 45 China Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 46 Rest of Asia Pacific Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 47 Rest of Asia Pacific Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 48 Rest of Asia Pacific Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 49 Latin America Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 50 Latin America Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 51 Latin America Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 52 Latin America Fitness App Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 53 Brazil Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 54 Brazil Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 55 Brazil Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 56 Mexico Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 57 Mexico Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 58 Mexico Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 59 Rest of Latin America Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 60 Rest of Latin America Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 61 Rest of Latin America Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 62 Middle East & Africa Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 63 Middle East & Africa Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 64 Middle East & Africa Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 65 Middle East & Africa Fitness App Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 66 GCC Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 67 GCC Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 68 GCC Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 69 Rest of MEA Fitness App Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 70 Rest of MEA Fitness App Market Value, by Platform, 2018 - 2027 (US$ Mn)

TABLE 71 Rest of MEA Fitness App Market Value, by Device, 2018 - 2027 (US$ Mn)

TABLE 72 Adidas: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 73 Fitbit, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 74 Appster: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 75 Azumio, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 76 MyFitnessPal Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 77 Applico: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 78 FitnessKeeper: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 79 Aaptiv: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 80 Nike: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 81 Appinventiv: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

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List of Figures:

FIG. 1 Global Fitness App: Market Segmentation

FIG. 2 Global Fitness App Market: Research Methodology

FIG. 3 Top-Down and Bottom-up Approach

FIG. 4 Global Fitness App Market, by Type, 2019 (US$ Mn)

FIG. 5 Global Fitness App Market, by Platform, 2019 (US$ Mn)

FIG. 6 Global Fitness App Market, by Device, 2019 (US$ Mn)

FIG. 7 Global Fitness App Market, by Geography, 2019 (US$ Mn)

FIG. 8 Global Fitness App Market Value and Growth, 2018 – 2027, (US$ Mn) (Y-o-Y %)

FIG. 9 Attractive Investment Proposition, by Geography, 2017

FIG. 10 Market Positioning of Key Fitness App Providers, 2019

FIG. 11 Global Fitness App Market Value Share, by Type, 2018 & 2027 (%)

FIG. 12 Global Fitness App Market Value for Exercise & Weight Loss, 2018 - 2027, (US$ Mn)

FIG. 13 Global Fitness App Market Value for Diet & Nutrition, 2018 - 2027, (US$ Mn)

FIG. 14 Global Fitness App Market Value for Activity Tracking, 2018 - 2027, (US$ Mn)

FIG. 15 Global Fitness App Market Value for Others, 2018 - 2027, (US$ Mn)

FIG. 16 Global Fitness App Market Value Share, by Platform, 2018 & 2027 (Value %)

FIG. 17 Global Fitness App Market Value for Android, 2018 - 2027, (US$ Mn)

FIG. 18 Global Fitness App Market Value for iOS, 2018 - 2027, (US$ Mn)

FIG. 19 Global Fitness App Market Value for Others, 2018 - 2027, (US$ Mn)

FIG. 20 Global Fitness App Market Value Share, by Device, 2018 & 2027 (Value %)

FIG. 21 Global Fitness App Market Value for Smartphones, 2018 - 2027 (US$ Mn)

FIG. 22 Global Fitness App Market Value for Tablets, 2018 - 2027 (US$ Mn)

FIG. 23 Global Fitness App Market Value for Wearable Devices, 2018 - 2027 (US$ Mn)

FIG. 24 North America Fitness App Market Value, 2018 - 2027, (US$ Mn)

FIG. 25 Europe Fitness App Market Value, 2018 - 2027, (US$ Mn)

FIG. 26 Asia Pacific Fitness App Market Value, 2018 - 2027, (US$ Mn)

FIG. 27 LATIN America Fitness App Market Value, 2018 - 2027, (US$ Mn)

FIG. 28 Middle East & Africa Fitness App Market Value, 2018 - 2027, (US$ Mn)

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