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Connected Gym Equipment Market Forecast to 2033

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    Report

  • 80 Pages
  • October 2025
  • Region: Global
  • Grand View Research
  • ID: 6189421
The global connected gym equipment market size was estimated at USD 2.75 billion in 2024 and is projected to reach USD 14.02 billion by 2033, growing at a CAGR of 21.1% from 2025 to 2033. The industry is driven by rising health consciousness, accelerated home-fitness adoption post-pandemic, and advancements in technology, particularly AI/ML, IoT, and integration with wearables.

These innovations enable personalized, data-driven workout experiences and interactive features such as virtual and augmented reality. Subscription-based platforms, gamified workouts, and integration with corporate wellness programs enhance user engagement and retention. Rapid urbanization and increasing disposable incomes, especially in emerging markets, are fueling demand. However, barriers such as high equipment costs, data privacy concerns, and limited internet infrastructure continue to challenge widespread adoption

The growth is driven by increasing consumer demand for convenient, personalized, and engaging workout experiences. Integration of AI, IoT, and real-time tracking technologies enables users to monitor performance metrics, receive virtual coaching, and follow adaptive training programs from home or on the go. Rising health awareness, fast-paced lifestyles, and the growing popularity of hybrid fitness models are accelerating adoption. Smart cardio equipment is becoming the preferred choice across residential and commercial settings, offering scalable, interactive solutions that align with modern fitness expectations.

A key trend in this market is the rise of hyper-personalization, where fitness content and routines are tailored to individual needs using advanced analytics and biometric tracking. The convergence of fitness with entertainment, such as gamified workouts and virtual reality experiences, is making fitness more immersive and motivating.

Global Connected Gym Equipment Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2021 to 2033. For this study, the analyst has segmented the global connected gym equipment market report based on 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 the pivotal trends and drivers shaping the future of the market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

Report Deliverables

  • Market intelligence to enable 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 for you to stay ahead of the curve

This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Regional Snapshot
2.4. Competitive Landscape Snapshot
Chapter 3. Connected Gym Equipment Market: Industry Outlook
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Profit Margin Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Market Opportunities
3.3.4. Market Challenges
3.4. Industry Analysis Tools
3.4.1. Porter’s Five Forces Analysis
3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decisions
4.4. Consumer Product Adoption
4.5. Observations & Recommendations
Chapter 5. Connected Gym Equipment Market: Product Estimates & Trend Analysis
5.1. Connected Gym Equipment Market, by Product: Key Takeaways
5.2. Product Movement Analysis & Market Share, 2024 & 2033
5.3. Market Estimates & Forecasts, by Product, 2021-2033 (USD Million)
5.3.1. Cardiovascular Training Equipment
5.3.1.1. Market estimates and forecast, 2021-2033 (USD Million)
5.3.1.1.1. Smart Treadmills
5.3.1.1.2. Smart Bikes
5.3.1.1.3. Connected Rowers
5.3.1.1.4. Others (Elliptical Trainers, Stair Climbers, etc.)
5.3.2. Strength Training Equipment
5.3.2.1. Market estimates and forecast, 2021-2033 (USD Million)
5.3.3. Functional Training Equipment
5.3.3.1. Market estimates and forecast, 2021-2033 (USD Million)
Chapter 6. Connected Gym Equipment Market: Application Estimates & Trend Analysis
6.1. Connected Gym Equipment Market, by Application: Key Takeaways
6.2. Application Movement Analysis & Market Share, 2024 & 2033
6.3. Market Estimates & Forecasts, by Application, 2021-2033 (USD Million)
6.3.1. Business-to-Consumer (B2C)
6.3.1.1. Market estimates and forecast, 2021-2033 (USD Million)
6.3.2. Business-to-Business (B2B)
6.3.2.1. Market estimates and forecast, 2021-2033 (USD Million)
Chapter 7. Connected Gym Equipment Market: Regional Estimates & Trend Analysis
7.1. Connected Gym Equipment Market: Regional Outlook
7.2. Regional Marketplaces: Key Takeaways
7.3. Market Estimates & Forecasts, by Region, 2021-2033 (USD Million)
7.3.1. North America
7.3.1.1. Market estimates and forecast, 2021-2033 (USD Million)
7.3.1.2. U.S.
7.3.1.2.1. Key country dynamics
7.3.1.2.2. Market estimates and forecast, 2021-2033 (USD Million)
7.3.1.3. Canada
7.3.1.3.1. Key country dynamics
7.3.1.3.2. Market estimates and forecast, 2021-2033 (USD Million)
7.3.1.4. Mexico
7.3.1.4.1. Key country dynamics
7.3.1.4.2. Market estimates and forecast, 2021-2033 (USD Million)
7.3.2. Europe
7.3.2.1. Market estimates and forecast, 2021-2033 (USD Million)
7.3.2.2. UK
7.3.2.2.1. Key country dynamics
7.3.2.2.2. Market estimates and forecast, 2021-2033 (USD Million)
7.3.2.3. Germany
7.3.2.3.1. Key country dynamics
7.3.2.3.2. Market estimates and forecast, 2021-2033 (USD Million)
7.3.2.4. France
7.3.2.4.1. Key country dynamics
7.3.2.4.2. Market estimates and forecast, 2021-2033 (USD Million)
7.3.2.5. Italy
7.3.2.5.1. Key country dynamics
7.3.2.5.2. Market estimates and forecast, 2021-2033 (USD Million)
7.3.2.6. Spain
7.3.2.6.1. Key country dynamics
7.3.2.6.2. Market estimates and forecast, 2021-2033 (USD Million)
7.3.3. Asia-Pacific
7.3.3.1. Market estimates and forecast, 2021-2033 (USD Million)
7.3.3.2. Japan
7.3.3.2.1. Key country dynamics
7.3.3.2.2. Market estimates and forecast, 2021-2033 (USD Million)
7.3.3.3. China
7.3.3.3.1. Key country dynamics
7.3.3.3.2. Market estimates and forecast, 2021-2033 (USD Million)
7.3.3.4. India
7.3.3.4.1. Key country dynamics
7.3.3.4.2. Market estimates and forecast, 2021-2033 (USD Million)
7.3.4. Central & South America
7.3.4.1. Brazil
7.3.4.1.1. Key country dynamics
7.3.4.1.2. Market estimates and forecast, 2021-2033 (USD Million)
7.3.4.2. Argentina
7.3.4.2.1. Key country dynamics
7.3.4.2.2. Market estimates and forecast, 2021-2033 (USD Million)
7.3.5. Middle East & Africa
7.3.5.1. Market estimates and forecast, 2021-2033 (USD Million)
7.3.5.2. South Africa
7.3.5.2.1. Key country dynamics
7.3.5.2.2. Market estimates and forecast, 2021-2033 (USD Million)
7.3.5.3. Saudi Arabia
7.3.5.3.1. Key country dynamics
7.3.5.3.2. Market estimates and forecast, 2021-2033 (USD Million)
Chapter 8. Connected Gym Equipment Market: Competitive Analysis
8.1. Recent Developments & Impact Analysis, by Key Market Participants
8.2. Company Categorization
8.3. Participant’s Overview
8.4. Financial Performance
8.5. Product Benchmarking
8.6. Company Market Share Analysis, 2024 (%)
8.7. Company Heat Map Analysis, 2024
8.8. Strategy Mapping
8.9. Company Profiles
8.9.1. Peloton Interactive Inc.
8.9.1.1. Company Overview
8.9.1.2. Financial Performance
8.9.1.3. Product Portfolios
8.9.1.4. Strategic Initiatives
8.9.2. iFIT Health & Fitness
8.9.2.1. Company Overview
8.9.2.2. Financial Performance
8.9.2.3. Product Portfolios
8.9.2.4. Strategic Initiatives
8.9.3. Technogym S.p.A.
8.9.3.1. Company Overview
8.9.3.2. Financial Performance
8.9.3.3. Product Portfolios
8.9.3.4. Strategic Initiatives
8.9.4. Life Fitness
8.9.4.1. Company Overview
8.9.4.2. Financial Performance
8.9.4.3. Product Portfolios
8.9.4.4. Strategic Initiatives
8.9.5. Tonal Systems, Inc.
8.9.5.1. Company Overview
8.9.5.2. Financial Performance
8.9.5.3. Product Portfolios
8.9.5.4. Strategic Initiatives
8.9.6. EGYM GmbH
8.9.6.1. Company Overview
8.9.6.2. Financial Performance
8.9.6.3. Product Portfolios
8.9.6.4. Strategic Initiatives
8.9.7. Precor Incorporated
8.9.7.1. Company Overview
8.9.7.2. Financial Performance
8.9.7.3. Product Portfolios
8.9.7.4. Strategic Initiatives
8.9.8. Ergatta, Inc.
8.9.8.1. Company Overview
8.9.8.2. Financial Performance
8.9.8.3. Product Portfolios
8.9.8.4. Strategic Initiatives
8.9.9. Echelon Fitness Multimedia LLC
8.9.9.1. Company Overview
8.9.9.2. Financial Performance
8.9.9.3. Product Portfolios
8.9.9.4. Strategic Initiatives
8.9.10. Johnson Health Tech Co., Ltd.
8.9.10.1. Company Overview
8.9.10.2. Financial Performance
8.9.10.3. Product Portfolios
8.9.10.4. Strategic Initiatives
List of Tables
Table 1 Connected gym equipment market: Key market driver analysis
Table 2 Connected gym equipment market: Key market restraint analysis
Table 3 Connected gym equipment market estimates & forecast, 2021-2033, by product (USD Million)
Table 4 Cardiovascular Training Equipment market estimates & forecast, 2021-2033 (USD Million)
Table 5 Strength Training Equipment market estimates & forecast, 2021-2033 (USD Million)
Table 6 Functional Training Equipment market estimates & forecast, 2021-2033 (USD Million)
Table 7 Connected gym equipment market estimates & forecast, 2021-2033, by application (USD Million)
Table 8 Business-to-Consumer (B2C) connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Table 9 Business-to-Business (B2B) connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Table 10 Connected gym equipment market estimates & forecast, 2021-2033, by region, 2021-2033 (USD Million)
Table 11 North America connected gym equipment market estimates and forecast, 2021-2033 (USD Million)
Table 12 North America connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 13 North America connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 14 U.S. macro-economic outlay
Table 15 U.S. connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 16 U.S. connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 17 Canada macro-economic outlay
Table 18 Canada connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 19 Canada connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 20 Mexico macro-economic outlay
Table 21 Mexico connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 22 Mexico connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 23 Europe connected gym equipment market estimates and forecast, 2021-2033 (USD Million)
Table 24 Europe connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 25 Europe connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 26 UK macro-economic outlay
Table 27 UK connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 28 UK connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 29 Germany macro-economic outlay
Table 30 Germany connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 31 Germany connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 32 France macro-economic outlay
Table 33 France connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 34 France connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 35 Italy macro-economic outlay
Table 36 Italy connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 37 Italy connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 38 Spain macro-economic outlay
Table 39 Spain connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 40 Spain connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 41 Asia-Pacific connected gym equipment market estimates and forecast, 2021-2033 (USD Million)
Table 42 Asia-Pacific connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 43 Asia-Pacific connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 44 Japan macro-economic outlay
Table 45 Japan connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 46 Japan connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 47 China macro-economic outlay
Table 48 China connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 49 China connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 50 India macro-economic outlay
Table 51 India connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 52 India connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 53 Central & South America connected gym equipment market estimates and forecast, 2021-2033 (USD Million)
Table 54 Central & South America connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 55 Central & South America connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 56 Brazil macro-economic outlay
Table 57 Brazil connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 58 Brazil connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 59 Argentina macro-economic outlay
Table 60 Argentina connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 61 Argentina connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 62 Middle East & Africa connected gym equipment market estimates and forecast, 2021-2033 (USD Million)
Table 63 Middle East & Africa connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 64 Middle East & Africa connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 65 South Africa macro-economic outlay
Table 66 South Africa connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 67 South Africa connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 68 Saudi Arabia macro-economic outlay
Table 69 Saudi Arabia connected gym equipment market estimates and forecast, by product, 2021-2033 (USD Million)
Table 70 Saudi Arabia connected gym equipment market estimates and forecast, by application, 2021-2033 (USD Million)
Table 71 Recent developments & impact analysis, by key market participants
Table 72 Company market share, 2024 (%)
Table 73 Company heat map analysis, 2024
Table 74 Companies implementing key strategies
List of Figures
Figure 1 Connected gym equipment market segmentation
Figure 2 Information procurement
Figure 3 Primary research pattern
Figure 4 Primary research approaches
Figure 5 Primary research process
Figure 6 Market snapshot
Figure 7 Segment snapshot
Figure 8 Regional snapshot
Figure 9 Competitive landscape snapshot
Figure 10 Parent industry and connected gym equipment market size, 2024 (USD Million)
Figure 11 Connected gym equipment market: Value chain analysis
Figure 12 Connected gym equipment market: Dynamics
Figure 13 Connected gym equipment market: Porter’s five forces analysis
Figure 14 Connected gym equipment market, by product: Key takeaways
Figure 15 Connected gym equipment market: product movement analysis, 2024 & 2033 (%)
Figure 16 Cardiovascular training equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 17 Strength training equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 18 Functional training equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 19 Connected gym equipment market, by application: Key takeaways
Figure 20 Connected gym equipment market: application movement analysis, 2024 & 2033 (%)
Figure 21 Business-to-Consumer (B2C) connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 22 Business-to-Business (B2B) connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 23 Regional marketplace: Key takeaways
Figure 24 North America connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 25 U.S. connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 26 Canada connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 27 Mexico connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 28 Europe connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 29 Germany connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 30 UK connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 31 France connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 32 Italy connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 33 Spain connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 34 Asia-Pacific connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 35 Japan connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 36 China connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 37 India connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 38 Central & South America connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 39 Brazil connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 40 Argentina connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 41 Middle East & Africa connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 42 South Africa connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 43 Saudi Arabia connected gym equipment market estimates & forecast, 2021-2033 (USD Million)
Figure 44 Key company categorization
Figure 45 Company market share analysis, 2024
Figure 46 Strategic framework of connected gym equipment market

Companies Mentioned

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.