• Philippines
  • Revenue in the Fitness segment is projected to reach US$142m in 2021.
  • Revenue is expected to show an annual growth rate (CAGR 2021-2024) of 1.26%, resulting in a projected market volume of US$147m by 2024.
  • The Fitness segment is expected to show a revenue growth of -0.7% in 2022.
  • The market's largest segment is Wearables with a projected market volume of US$125m in 2021.
  • In global comparison, most revenue will be generated in China (US$6,168m in 2021).
  • The average revenue per user (ARPU) in the Fitness segment is projected to amount to 22.40 in 2021.
  • In the Fitness segment, the number of users is expected to amount to 6.9m users by 2024.
  • User penetration in the Fitness segment will be at 5.7% in 2021.
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