Market Overview:
The global fitness center and studio software market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fitness center and studio software due to its various benefits such as reducing the cost of operations, improving customer experience, and enhancing staff productivity. In addition, the growing trend of health and fitness is also fueling the demand for fitness center and studio software. Based on type, web-based segment is expected to hold a major share in the global fitness center and studio software market during the forecast period owing to its advantages such as low cost of ownership, easy deployment & upgradation, no requirement for additional hardware or infrastructure investments, etc.
Product Definition:
Fitness center and studio software is used to manage membership data, track workouts, schedule appointments, and more. It helps fitness centers and studios keep track of their members' progress and ensure that everyone is getting the most out of their workouts.
Web-based:
The global fitness center & studio software market size was valued at USD 1.0 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing health awareness, growing penetration of internet, rising disposable income levels, and changing lifestyle patterns among others.
Increasing demand for mobile applications has led several manufacturers to develop web-based solutions as well owing to their low maintenance costs.
App-based:
App-based is a software system that provides an interface between the fitness equipment and the user. It helps to collect, store and analyze data related to workout. The collected data can be used by fitness trainers or gym owners for providing personalized training plans to their clients/users. In addition, it also helps in tracking individual's progress through regular exercise sessions.
Application Insights:
The large business segment dominated the global fitness center and studio software market in 2017, accounting for a share of over 60.0%. The growth can be attributed to the increasing number of health clubs and gymnasiums across the globe. A large business is likely to have more resources, thus able to invest in state-of-the-art technology that will help enhance customer experience as well as improve operational efficiency. Middle businesses are expected to register the fastest CAGR from 2018 to 2030 due primarily on account of rising penetration rates coupled with an increase in spending capacity by these organizations.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well due to factors such as increasing adoption of fitness centers and rising health awareness among people. In addition, presence of a large number of industry players in this region will drive regional growth.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to growing penetration of small and medium-sized fitness studios/clubs that offer group exercise classes, boot camps, aerobics programs, personal training sessions and so on. Moreover, increasing demand for high-quality services at low prices coupled with government support are some other factors driving regional market growth. For instance: in India’s Fitness First Scheme launched by the Indian government supports 100% FFS premium subsidy on monthly gym membership fees up toRs 99 for individuals aged between 18 years & 59 years (born after 1st January 1990). This scheme covers both types of memberships i.e.
Growth Factors:
- Increasing demand for health and fitness services: The global population is aging, and people are becoming more aware of the importance of maintaining their health. This is driving demand for fitness center and studio software, as these platforms can help businesses manage their operations more efficiently.
- Proliferation of mobile devices: More people are using mobile devices to access information and connect with others, including when looking for places to work out. This is increasing the demand for fitness center and studio software that can be accessed on mobile devices.
- Rising popularity of boutique studios: Boutique studios offer a unique experience that attracts customers who are looking for something different from traditional gyms or health clubs. Fitness center and studio software that provides features such as online booking can help these businesses manage their operations more effectively.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fitness Center & Studio Software Market Research Report
By Type
Web-based, App-based
By Application
Small Business, Middle Business, Large Business
By Companies
MINDBODY, Acuity Scheduling, Perfect Gym Solutions, BookSteam, FitSW, Optimity, Team App, Tilt Software, WodRack, GoMotive, LuckyFit, BioEx Systems, SportSoft, TRIIB, zingfit, VINT
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Fitness Center & Studio Software Market Report Segments:
The global Fitness Center & Studio Software market is segmented on the basis of:
Types
Web-based, App-based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small Business, Middle Business, Large Business
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- MINDBODY
- Acuity Scheduling
- Perfect Gym Solutions
- BookSteam
- FitSW
- Optimity
- Team App
- Tilt Software
- WodRack
- GoMotive
- LuckyFit
- BioEx Systems
- SportSoft
- TRIIB
- zingfit
- VINT
Highlights of The Fitness Center & Studio Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Web-based
- App-based
- By Application:
- Small Business
- Middle Business
- Large Business
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fitness Center & Studio Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fitness Center & Studio Software is a software application that helps fitness centers and studios manage their operations. It includes features such as scheduling classes, managing memberships, tracking workouts, and more.
Some of the major players in the fitness center & studio software market are MINDBODY, Acuity Scheduling, Perfect Gym Solutions, BookSteam, FitSW, Optimity, Team App, Tilt Software, WodRack, GoMotive, LuckyFit, BioEx Systems, SportSoft, TRIIB, zingfit, VINT.
The fitness center & studio software market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fitness Center & Studio Software Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Fitness Center & Studio Software Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Fitness Center & Studio Software Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Fitness Center & Studio Software Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Fitness Center & Studio Software Market Size & Forecast, 2020-2028 4.5.1 Fitness Center & Studio Software Market Size and Y-o-Y Growth 4.5.2 Fitness Center & Studio Software Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Web-based
5.2.2 App-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Small Business
6.2.2 Middle Business
6.2.3 Large Business
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fitness Center & Studio Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fitness Center & Studio Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Web-based
9.6.2 App-based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Small Business
9.10.2 Middle Business
9.10.3 Large Business
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Web-based
10.6.2 App-based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Small Business
10.10.2 Middle Business
10.10.3 Large Business
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Web-based
11.6.2 App-based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Small Business
11.10.2 Middle Business
11.10.3 Large Business
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Web-based
12.6.2 App-based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Small Business
12.10.2 Middle Business
12.10.3 Large Business
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Web-based
13.6.2 App-based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Small Business
13.10.2 Middle Business
13.10.3 Large Business
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fitness Center & Studio Software Market: Competitive Dashboard
14.2 Global Fitness Center & Studio Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MINDBODY
14.3.2 Acuity Scheduling
14.3.3 Perfect Gym Solutions
14.3.4 BookSteam
14.3.5 FitSW
14.3.6 Optimity
14.3.7 Team App
14.3.8 Tilt Software
14.3.9 WodRack
14.3.10 GoMotive
14.3.11 LuckyFit
14.3.12 BioEx Systems
14.3.13 SportSoft
14.3.14 TRIIB
14.3.15 zingfit
14.3.16 VINT