Market Overview:
The global indoor cycling software market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fitness and health-related activities, rising awareness about the benefits of indoor cycling, and growing number of fitness clubs. In addition, the increasing adoption of virtual video software is also contributing to the growth of this market. On the basis of type, virtual video software is expected to account for a larger share than training software during the forecast period. This can be attributed to its ability to provide an immersive experience that helps users feel as if they are actually riding a bike indoors. By application, home segment is expected to account for a larger share than fitness club and other segments during the forecast period.
Product Definition:
Indoor Cycling Software is a computer software application that assists cyclists in tracking performance data while riding indoors on a stationary bicycle. The software can provide feedback on heart rate, power output, cadence, and other metrics to help riders improve their cycling abilities.
Virtual Video Software:
Virtual video software is a tool that allows the user to create videos with the best possible quality. The growth factor in the indoor cycling software market is increasing demand for effective training programs and advanced data visualization tools.
The global virtual video software market size was valued at USD 1,849.7 thousand in 2015 and it is expected to grow at a CAGR of XX% from 2016 to 2024.
Training Software:
The global training software and it's usage in indoor cycling software market size was valued at USD 0.0004 million in 2016. The increasing popularity of indoor cycling as a fitness activity is expected to drive the demand for these systems over the forecast period.
The industry has been witnessing an increase in investments by companies for research.
Application Insights:
The fitness club segment dominated the global indoor cycling software market in 2017, accounting for a share of over 60.0% of the overall revenue. The segment is expected to continue its dominance over the forecast period owing to an increase in demand for indoor cycling bikes at gyms and sports clubs across various regions, including North America, Europe and Asia Pacific. In addition, factors such as growing health consciousness among consumers are likely to drive demand for fitness equipment including stationary bikes at gyms and sports clubs.
Indoor cyclists can burn calories while improving their cardiovascular endurance by using this type of training equipment called spinning bicycles or cycle ergometers. These machines have been proven effective in burning excess fat through moderate cardio exercise by increasing metabolism rate during workout sessions on these machines as compared to other cardio exercises where one can only burn calories but not necessarily lose weight effectively (through calorie expenditure).
Regional Analysis:
Europe dominated the global indoor cycling software market in 2017. Europe has been witnessing a growing interest in outdoor and indoor sports, which is expected to have a positive impact on the regional market over the forecast period. The U.K., Germany, France, Italy are some of the countries that have witnessed significant growth in recent years owing to increased consumer spending on fitness products and services along with rising health awareness among people. Asia Pacific is expected to witness substantial growth over the next eight years owing to increasing popularity of group training sessions at gyms as well as home based programs for weight loss and fitness enhancement among consumers across China & India markets.
Growth Factors:
- Increasing demand for health and fitness
- Rising awareness about the benefits of indoor cycling
- Growing popularity of group exercise classes
- Proliferation of health clubs and gyms
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Indoor Cycling Software Market Research Report
By Type
Virtual Video Software, Training Software
By Application
Home, Fitness Club, Others
By Companies
Zwift, Strava, Sufferfest, Trainer Road, Rouvy, BODY BIKE, Spivi, PainCave, CycleCast, Studio Sweat, Peloton
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Indoor Cycling Software Market Report Segments:
The global Indoor Cycling Software market is segmented on the basis of:
Types
Virtual Video Software, Training Software
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
Home, Fitness Club, Others
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:
- Zwift
- Strava
- Sufferfest
- Trainer Road
- Rouvy
- BODY BIKE
- Spivi
- PainCave
- CycleCast
- Studio Sweat
- Peloton
Highlights of The Indoor Cycling 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:
- Virtual Video Software
- Training Software
- By Application:
- Home
- Fitness Club
- Others
- 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 Indoor Cycling 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
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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?
Indoor cycling software is a computer program that helps cyclists to track their progress, monitor their workouts and make adjustments to improve performance.
Some of the key players operating in the indoor cycling software market are Zwift, Strava, Sufferfest, Trainer Road, Rouvy, BODY BIKE, Spivi, PainCave, CycleCast, Studio Sweat, Peloton.
The indoor cycling software market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Indoor Cycling 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 Indoor Cycling Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Indoor Cycling 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 Indoor Cycling 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 Indoor Cycling Software Market Size & Forecast, 2018-2028
4.5.1 Indoor Cycling Software Market Size and Y-o-Y Growth
4.5.2 Indoor Cycling Software Market Absolute $ Opportunity
Chapter 5 Global Indoor Cycling Software 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 Indoor Cycling Software Market Size Forecast by Type
5.2.1 Virtual Video Software
5.2.2 Training Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Indoor Cycling Software 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 Indoor Cycling Software Market Size Forecast by Applications
6.2.1 Home
6.2.2 Fitness Club
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Indoor Cycling 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 Indoor Cycling 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 Indoor Cycling Software Analysis and Forecast
9.1 Introduction
9.2 North America Indoor Cycling Software 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 Indoor Cycling Software Market Size Forecast by Type
9.6.1 Virtual Video Software
9.6.2 Training Software
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 Indoor Cycling Software Market Size Forecast by Applications
9.10.1 Home
9.10.2 Fitness Club
9.10.3 Others
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 Indoor Cycling Software Analysis and Forecast
10.1 Introduction
10.2 Europe Indoor Cycling Software 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 Indoor Cycling Software Market Size Forecast by Type
10.6.1 Virtual Video Software
10.6.2 Training Software
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 Indoor Cycling Software Market Size Forecast by Applications
10.10.1 Home
10.10.2 Fitness Club
10.10.3 Others
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 Indoor Cycling Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Indoor Cycling Software 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 Indoor Cycling Software Market Size Forecast by Type
11.6.1 Virtual Video Software
11.6.2 Training Software
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 Indoor Cycling Software Market Size Forecast by Applications
11.10.1 Home
11.10.2 Fitness Club
11.10.3 Others
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 Indoor Cycling Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Indoor Cycling Software 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 Indoor Cycling Software Market Size Forecast by Type
12.6.1 Virtual Video Software
12.6.2 Training Software
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 Indoor Cycling Software Market Size Forecast by Applications
12.10.1 Home
12.10.2 Fitness Club
12.10.3 Others
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) Indoor Cycling Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Indoor Cycling Software 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) Indoor Cycling Software Market Size Forecast by Type
13.6.1 Virtual Video Software
13.6.2 Training Software
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) Indoor Cycling Software Market Size Forecast by Applications
13.10.1 Home
13.10.2 Fitness Club
13.10.3 Others
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 Indoor Cycling Software Market: Competitive Dashboard
14.2 Global Indoor Cycling Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zwift
14.3.2 Strava
14.3.3 Sufferfest
14.3.4 Trainer Road
14.3.5 Rouvy
14.3.6 BODY BIKE
14.3.7 Spivi
14.3.8 PainCave
14.3.9 CycleCast
14.3.10 Studio Sweat
14.3.11 Peloton
