The global connected gym equipment market is expected to register a compound annual growth rate (CAGR) of nearly 27 percent during 2021-2025, marking an incremental growth of $11.12 billion during the period, according to a new report by Technavio. The market is fragmented and the degree of fragmentation is expected to accelerate during the forecast period, suggests the report. This year, the global market’s growth is projected at16.5 percent, with Europe contributing 33 percent of this growth. Among various data, the report contains an analysis of around 25 major vendors.