Internet penetration is close to 90% in North America and Western Europe, while it is less than 50% in most Asian countries. As the region's internet penetration grows, a massive untapped market of online ticket bookers, online sports and fitness equipment buyers will emerge, making it a jackpot for online purchasing marketplaces, which is why availing the best online marketplace management services is necessary.
In 2026, the global digital fitness industry is anticipated to be worth $26.5 billion.
In 2028, the worldwide fitness equipment market is expected to reach $14.7 billion.
Despite the COVID-19 problem, the worldwide market for sporting goods, which was forecast to be worth US$60.2 billion in 2020, is expected to rise at a CAGR of 2.6% to reach US$70.6 billion by 2026.
The market in the United States is expected to reach $21.7 billion in 2022, while China is expected to reach $13.9 billion by 2026.
By 2026, the market for air sports equipment is expected to reach US$6.7 billion.
In 2021, Latin America's eCommerce sales will total $85 billion, up 25% from $68 billion in 2020.
By 2025, the Indian eCommerce market is estimated to have grown from $46.2 billion in 2020 to $111.4 billion.
In 2021, eCommerce sales in Russia, the United Kingdom, and the Philippines increased by more than 20%.