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Connected Gym Equipment Market Size | Sweat Equity

Connected Gym Equipment Market Size | Sweat Equity

Posted by Tyler Spraul, Certified Strength and Conditioning Specialist® (CSCS®) on March 2, 2023 — Updated on November 14, 2023

The connected gym equipment market size is growing rapidly, accelerating at the rapid pace of technological advancement. A lot of discussion revolves around the implications to consumers, and whether their Pelotons, Mirrors, FightBoxes, and Tonals will end up as yet another expensive clothes hangar, albeit one that is connected to the Internet (and with an accompanying subscription), but what do these connected fitness equipment growth trends mean for gym owners? 

Peloton

(Source: Peloton)

Welcome, this is Sweat Equity from Exercise.com, where we cover everything about the business of fitness. We’re like Jay Cutler meets Jay Gould.

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Let’s get into it…

  • 📈 Connected Gym Equipment Market Size
  • 📸 Fitness Meme of the Month
  • 💪 Five Fitness Finds: Connected Fitness Edition

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Global Connected Gym Equipment Market Growth Trends

Just how big is the connected fitness equipment TAM for gyms?

The global connected gym equipment market size is estimated at $735 million in 2022, with a growth rate of 32% over the next five years, reaching $3.8 billion in 2028. (Source: IMARC Group)

So how big is the gym connected fitness equipment TAM? How much is the connected fitness industry worth?

Additional data from Technavio (slightly different from IMARC Group) pegs a different but similarly impressive market size and growth rate.

Connected Gym Equipment Market Size

(Source: Technavio)

Similar to our discussion last month about AI (Read More: ChatGPT Workout Plans?), we may not have an AI personal trainer assistant or an integration with every connected fitness device (yet), but everything from our fitness automations and automated rep max progressions to our automated online workout groups is designed to make your life easier, humming along beside you and your team to help you run your fitness business, and generate more revenue. 

Sure, good old fashioned pen and paper is great.

Note: if you want the official Sweat Equity notebook recommendation, try the dotted Leuchtturm 1917 out (sorry, Moleskine).

Notebook

📓 BONUS: Send a referral our way for a free dotted Leuchtturn 1917 notebook for you and everyone on your team (max 10) 📓

But when it comes to fitness data—for you and your gym—even better than pen and paper is an always on, always collecting fitness data platform that ingests data and helps you generate custom reports and dashboards to then act on that data to improve your business.

Let us know how we can help YOUR business.

Fitness Meme of the Month

Because… your smiling muscles need exercise too 😆

Clothes Hangar Treadmill

Five Fitness Finds: Connected Fitness Edition

Only the best fitness and business of fitness reading recommendations. Send us yours…

  1. Meet Tonal – Tonal
  2. The Connected Fitness Report – Fitt Insider
  3. How Connected Fitness Became the New Obsession – Financial Times
  4. How Connected Fitness Will Revolutionize the In-Person Gym Experience – Charlene Wan, Ambiq
  5. Collective Sweat: The Future of Fitness is Together but Alone – Natt Garun, The Verge

How many people use connected fitness?

In 2023, 44.5 million US adults will use a connected fitness platform. This is expected to grow to 46.3 million in 2024, and 47.8 million in 2025.

US Connected Fitness Users

(Source: eMarketer / InsiderIntelligence)

Who are the leaders in connected fitness?

Here’s a list of connected gym equipment from the top connected fitness manufacturers:

  1. Peloton Bike and Tread: Peloton offers both a stationary bike and a treadmill that are equipped with a large touchscreen display that streams live and on-demand workouts.
  2. NordicTrack Treadmill: NordicTrack offers a range of treadmills that come equipped with a touchscreen display and iFit technology, which offers personalized coaching and fitness tracking.
  3. Precor AMT: Precor’s Adaptive Motion Trainer (AMT) is a cardio machine that offers personalized workouts and tracking through its Preva network.
  4. Life Fitness Treadmill: Life Fitness offers a range of treadmills that are equipped with its LFconnect technology, which allows users to track their progress and set goals.
  5. Technogym Skillmill: Technogym’s Skillmill is a self-powered treadmill that offers interactive training and tracking through its mywellness platform.
  6. Bowflex Max Trainer: The Bowflex Max Trainer is a cardio machine that offers personalized workouts and tracking through its Max Intelligence platform.
  7. Cybex Arc Trainer: The Cybex Arc Trainer is a cardio machine that offers personalized workouts and tracking through its CardioTouch technology.
  8. Matrix Treadmill: Matrix offers a range of treadmills that are equipped with its Sprint 8 HIIT program, which offers personalized workouts and tracking.
  9. ProForm Endurance Elliptical: ProForm’s Endurance Elliptical offers personalized workouts and tracking through its iFit technology.
  10. StairMaster HIIT Bike: The StairMaster HIIT Bike is a stationary bike that offers personalized workouts and tracking through its HIIT console.
  11. Schwinn IC4: The Schwinn IC4 is a stationary bike that comes with a large touchscreen display and allows users to connect to various fitness apps through Bluetooth.
  12. Keiser M3i Indoor Cycle: The Keiser M3i Indoor Cycle is a stationary bike that offers Bluetooth connectivity, real-time tracking, and a range of workouts through its Keiser M Series app.
  13. TRUE Fitness M30 Treadmill: The TRUE Fitness M30 Treadmill is equipped with the TRUE Cardio app that offers personalized workouts, tracking, and virtual coaching.
  14. BodyCraft VR500 Pro Rowing Machine: The BodyCraft VR500 Pro Rowing Machine offers Bluetooth connectivity, real-time tracking, and a range of workouts through its Kinomap app.
  15. Concept2 Model D Indoor Rowing Machine: The Concept2 Model D Indoor Rowing Machine offers Bluetooth connectivity, real-time tracking, and a range of workouts through its Concept2 app.
  16. Echelon Connect EX5S: The Echelon Connect EX5S is a stationary bike that comes with a large touchscreen display and offers a range of workouts through its Echelon Fit app.
  17. Fitness Reality 1000 Plus: The Fitness Reality 1000 Plus is a rowing machine that comes with a large touchscreen display and offers a range of workouts through its FitShow app.
  18. ProForm Pro 2000 Treadmill: The ProForm Pro 2000 Treadmill offers iFit compatibility, personalized workouts, and tracking through its iFit app.
  19. Tonal: Tonal is a connected strength training machine that offers personalized workouts, tracking, and coaching through its touchscreen display.
  20. Mirror: Mirror is a connected fitness device that offers personalized workouts, tracking, and coaching through its touchscreen display.
  21. JAXJOX InteractiveStudio: The JAXJOX InteractiveStudio offers a range of connected strength training equipment, including adjustable dumbbells and a kettlebell, that track and adjust weight automatically through the JAXJOX app.
  22. Total Gym Fit: The Total Gym Fit offers a range of connected strength training equipment that offers personalized workouts and tracking through its Total Gym TV app.
  23. Nautilus E616 Elliptical Trainer: The Nautilus E616 Elliptical Trainer offers Bluetooth connectivity, personalized workouts, and tracking through its Nautilus Trainer 2 app.
  24. Horizon Fitness 7.4 AT Treadmill: The Horizon Fitness 7.4 AT Treadmill offers Bluetooth connectivity, personalized workouts, and tracking through its Horizon Fitness app.
  25. SOLE F85 Folding Treadmill: The SOLE F85 Folding Treadmill offers Bluetooth connectivity, personalized workouts, and tracking through its SOLE Fitness app.
  26. FreeMotion 890 Treadmill: The FreeMotion 890 Treadmill offers personalized workouts and tracking through its iFit technology.
  27. Octane Fitness Q47xi Elliptical: The Octane Fitness Q47xi Elliptical offers personalized workouts and tracking through its SmartLink technology.
  28. Xterra Fitness TRX4500 Treadmill: The Xterra Fitness TRX4500 Treadmill offers Bluetooth connectivity, personalized workouts, and tracking through its Xterra Fitness app.
  29. Diamondback Fitness 910ic Indoor Cycle: The Diamondback Fitness 910ic Indoor Cycle offers Bluetooth connectivity, personalized workouts, and tracking through its Diamondback Fitness app.
  30. ProForm Pro 5000 Treadmill: The ProForm Pro 5000 Treadmill offers iFit compatibility, personalized workouts, and tracking through its iFit app.
  31. Bowflex C6 Bike: The Bowflex C6 Bike offers Bluetooth connectivity, personalized workouts, and tracking through its Bowflex JRNY app.
  32. Sunny Health & Fitness ASUNA SpaceFlex Motorized Running Treadmill: The Sunny Health & Fitness ASUNA SpaceFlex Motorized Running Treadmill offers Bluetooth connectivity, personalized workouts, and tracking through its Sunny Health & Fitness app.
  33. Velocity Exercise Dual Motion Recumbent Bike: The Velocity Exercise Dual Motion Recumbent Bike offers Bluetooth connectivity, personalized workouts, and tracking through its Velocity Fitness app.
  34. ProForm SMART Pro 9000 Treadmill: The ProForm SMART Pro 9000 Treadmill offers iFit compatibility, personalized workouts, and tracking through its iFit app.
  35. Yowza Fitness Smyrna Folding Treadmill: The Yowza Fitness Smyrna Folding Treadmill offers personalized workouts and tracking through its iFit technology.
  36. AFG Sport 5.5AT Electric Folding Treadmill: The AFG Sport 5.5AT Electric Folding Treadmill offers Bluetooth connectivity, personalized workouts, and tracking through its AFG Pro app.
  37. Gold’s Gym Trainer 430i Treadmill: The Gold’s Gym Trainer 430i Treadmill offers personalized workouts and tracking through its iFit technology.
  38. ProForm SMART Pro 5000 Treadmill: The ProForm SMART Pro 5000 Treadmill offers iFit compatibility, personalized workouts, and tracking through its iFit app.
  39. NordicTrack RW900 Rower: The NordicTrack RW900 Rower offers iFit compatibility, personalized workouts, and tracking through its iFit app.
  40. ProForm Endurance 920 E Elliptical: The ProForm Endurance 920 E Elliptical offers iFit compatibility, personalized workouts, and tracking through its iFit app.
  41. Life Fitness IC8 Indoor Cycle: The Life Fitness IC8 Indoor Cycle offers Bluetooth connectivity, personalized workouts, and tracking through its Life Fitness app.
  42. Stages SC3 Indoor Cycle: The Stages SC3 Indoor Cycle offers Bluetooth connectivity, personalized workouts, and tracking through its Stages Flight app.
  43. Keiser M5i Strider: The Keiser M5i Strider offers Bluetooth connectivity, real-time tracking, and a range of workouts through its Keiser M Series app.
  44. Sunny Health & Fitness SF-RW5515 Magnetic Rowing Machine: The Sunny Health & Fitness SF-RW5515 Magnetic Rowing Machine offers Bluetooth connectivity, personalized workouts, and tracking through its Sunny Health & Fitness app.
  45. ProForm Carbon HIIT H7: The ProForm Carbon HIIT H7 offers iFit compatibility, personalized workouts, and tracking through its iFit app.
  46. NordicTrack Commercial 1750 Treadmill: The NordicTrack Commercial 1750 Treadmill offers iFit compatibility, personalized workouts, and tracking through its iFit app.
  47. Bowflex SelectTech 840 Adjustable Kettlebell: The Bowflex SelectTech 840 Adjustable Kettlebell offers Bluetooth connectivity and tracking through its Bowflex JRNY app.
  48. Sole Fitness SB700 Exercise Bike: The Sole Fitness SB700 Exercise Bike offers Bluetooth connectivity, personalized workouts, and tracking through its Sole Fitness app.
  49. Horizon Fitness T101 Treadmill: The Horizon Fitness T101 Treadmill offers Bluetooth connectivity, personalized workouts, and tracking through its Horizon Fitness app.
  50. Xterra Fitness FS150 Elliptical: The Xterra Fitness FS150 Elliptical offers Bluetooth connectivity, personalized workouts, and tracking through its Xterra Fitness app.

Read More: Can ChatGPT Create Workout Plans Better Than a Personal Trainer?

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Founder, Core Online

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Tyler Spraul is the director of UX and the head trainer for Exercise.com. He has his Bachelor of Science degree in pre-medicine and is an NSCA-Certified Strength and Conditioning Specialist® (CSCS®). He is a former All-American soccer player and still coaches soccer today. In his free time, he enjoys reading, learning, and living the dad life.
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