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The connected gym equipment market size is estimated to grow by USD 4.23 billion between 2023 and 2028 and accelerate at a compound annual growth rate of 29.15%. The market is experiencing significant growth due to the increasing smartphone penetration and the resulting demand for connected fitness services. This trend is driven by the convenience and flexibility offered by these technologies, allowing users to monitor their workouts and track their progress from anywhere. However, the premium pricing of these connected devices is a result of the value-added features they offer, such as real-time coaching, personalized workout plans, and advanced analytics. Technological advances are also fueling market growth, with innovations in areas such as artificial intelligence, virtual reality, and biometric sensors enhancing the user experience and providing new opportunities for fitness enthusiasts. Overall, the market is poised for continued expansion as technology continues to transform the fitness industry.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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