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FITNESS, HEALTH, WELLNESS

features

Into the fitaverse

Fitness is already among the top three markets in the metaverse, with new technology and partnerships driving real growth and consumer engagement that looks likely to spill over into health clubs, gyms and studios

Published in Fit Tech 2023 issue 1
Les Mills Live was filmed in VR / PHOTO: LES MILLS
Les Mills Live was filmed in VR / PHOTO: LES MILLS
Hardware is evolving fast, with things such as multidirectional treadmills being developed

As omnichannel fitness becomes richer and more complex, we expect health club operators to add metaverse products to the mix, for example, launching studios where members can exercise in gamified, immersive environments.

Home workouts connected to the same system will ensure members enjoy the fun and motivation of metaverse fitness, while still being emotionally invested in their club.

Fortune Business Insights expects the global market for VR gaming to grow from US$7.92bn in 2021, to US$53.44bn in 2028, with much of this growth coming from what it calls ‘exertainment’ – a combination of fitness, instructors, influencers and music.

Fitness is already the third-largest market in the metaverse, behind entertainment and retail and as it grows, health club applications will also include everything from club tours to avatar hangouts for members.

Avatar fashion is a coming thing, with Parsons School of Design launching an avatar fashion design course in 2023 where students can learn to design clothes for the metaverse.

Research by Roblox found consumers are prepared to spend hard cash on branded fashion for their avatar, valuing it as much, if not more, than real clothing and we expect to see fitness brands competing in this space.

Industry leaders are already forging ahead with the creation of immersive experiences and in recent weeks, global fitness giant, Les Mills, brought its Live spectacular to London, filming the entire event in VR, ready for use on its metaverse platform (see page 25).

Les Mills will now make Les Mills Live available in VR, in addition to its existing Bodypump VR workout – launched in partnership with Odders Lab and currently the most popular fitness VR game in the world.

Hardware is also evolving, with things such as multi-directional treadmills being developed, while new entrants include Byte Dance, owner of Tik Tok, which acquired Pico, and is rolling out its headset and Playstation and Apple which will launch headsets in 2023.

We also expect to see developments such as sweatproof, self-sterilising headsets, meaning in-club options can include intensive workouts such as HIIT – something that’s hard to deliver at scale with current models.

All this, coupled with opportunities for globalisation, means disruption caused by metaverse partnerships is only just beginning.

Liz Terry, editor, Fit Tech
[email protected]
@elizterry
https://www.leisureopportunities.co.uk/images/2022/522914_49855.jpg
Fitness is already among the top three markets in the metaverse, with new technology and partnerships driving real growth and consumer engagement says Liz Terry
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features

Into the fitaverse

Fitness is already among the top three markets in the metaverse, with new technology and partnerships driving real growth and consumer engagement that looks likely to spill over into health clubs, gyms and studios

Published in Fit Tech 2023 issue 1
Les Mills Live was filmed in VR / PHOTO: LES MILLS
Les Mills Live was filmed in VR / PHOTO: LES MILLS
Hardware is evolving fast, with things such as multidirectional treadmills being developed

As omnichannel fitness becomes richer and more complex, we expect health club operators to add metaverse products to the mix, for example, launching studios where members can exercise in gamified, immersive environments.

Home workouts connected to the same system will ensure members enjoy the fun and motivation of metaverse fitness, while still being emotionally invested in their club.

Fortune Business Insights expects the global market for VR gaming to grow from US$7.92bn in 2021, to US$53.44bn in 2028, with much of this growth coming from what it calls ‘exertainment’ – a combination of fitness, instructors, influencers and music.

Fitness is already the third-largest market in the metaverse, behind entertainment and retail and as it grows, health club applications will also include everything from club tours to avatar hangouts for members.

Avatar fashion is a coming thing, with Parsons School of Design launching an avatar fashion design course in 2023 where students can learn to design clothes for the metaverse.

Research by Roblox found consumers are prepared to spend hard cash on branded fashion for their avatar, valuing it as much, if not more, than real clothing and we expect to see fitness brands competing in this space.

Industry leaders are already forging ahead with the creation of immersive experiences and in recent weeks, global fitness giant, Les Mills, brought its Live spectacular to London, filming the entire event in VR, ready for use on its metaverse platform (see page 25).

Les Mills will now make Les Mills Live available in VR, in addition to its existing Bodypump VR workout – launched in partnership with Odders Lab and currently the most popular fitness VR game in the world.

Hardware is also evolving, with things such as multi-directional treadmills being developed, while new entrants include Byte Dance, owner of Tik Tok, which acquired Pico, and is rolling out its headset and Playstation and Apple which will launch headsets in 2023.

We also expect to see developments such as sweatproof, self-sterilising headsets, meaning in-club options can include intensive workouts such as HIIT – something that’s hard to deliver at scale with current models.

All this, coupled with opportunities for globalisation, means disruption caused by metaverse partnerships is only just beginning.

Liz Terry, editor, Fit Tech
[email protected]
@elizterry
https://www.leisureopportunities.co.uk/images/2022/522914_49855.jpg
Fitness is already among the top three markets in the metaverse, with new technology and partnerships driving real growth and consumer engagement says Liz Terry
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Peloton Interactive Inc is believed to be working to get its costs under control in ...
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Featured supplier news: Phil Heath, 7x Mr Olympia, shares machine-only leg workout routine
Phil Heath, professional athlete, bodybuilder and 7x Mr. Olympia, has fielded a lot of questions about bodybuilding without machines. Should bodybuilders be limited to just free weights? Why?
Company profiles
Company profile: Life Fitness
The Life Fitness family of brands offers an unrivalled product portfolio, providing customers with access ...
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Company profile: SIBEC
Sibec EMEA is the Fitness Industry’s premier one-to-one event will be hosted at Fairmont Monte ...
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Catalogue Gallery
Click on a catalogue to view it online
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ABC Trainerize press release: New ABC Trainerize Webinar: How to earn more with clients and members you already have
ABC Trainerize, a leading software platform for the fitness industry, recently ran a webinar for studio and gym owners on how to increase gym revenue with Gym Launch CEO, Cale Owen.
Featured press releases
Alliance Leisure Services (Design, Build and Fund) press release: £26 Million Investment Paves The Way For Health and Wellbeing Hub At Lincolnshire Sport Complex
South Holland District Council has bolstered its successful £20 million UK Government, Levelling Up Fund bid with a £6 million investment to see the Castle Sports Complex in Spalding transformed into a health and wellbeing hub to drive positive health outcomes for residents across the district.
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Cryotherapy
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TechnoAlpin SpA: Snowroom
salt therapy products
Saltability: salt therapy products
Spa software
SpaBooker: Spa software
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
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Loughton, IG10
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Grantham, Leicestershire
Belvoir Castle
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Diary dates
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China Import & Export Fair Complex, Guangzhou, China
Diary dates
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Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
Diary dates
30 May - 02 Jun 2024
Rimini Exhibition Center, Rimini, Italy
Diary dates
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Worldwide, Various,
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Diary dates
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REVĪVŌ Wellness Resort Nusa Dua Bali, Kabupaten Badung, Indonesia
Diary dates
22-25 Oct 2024
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Diary dates
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Diary dates
04-07 Nov 2024
In person, St Andrews, United Kingdom
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