North America Indoor Cycling Software Market to Grow at a CAGR of 7.8% to reach US$ 90.80 million from 2020 to 2027

North America Indoor Cycling Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Session Type (Solo and Group), Application (Professional Training and Health & Fitness), and Subscription Type (Monthly Subscription and Annual Subscription)

Publication Month: Nov 2020 | Report Code: TIPRE00016289 | No. of Pages: 92 | Category: Technology, Media and Telecommunications | Status: Published
Covid

The North America indoor cycling software market is expected to grow from US$ 50.15 million in 2019 to US$ 90.80 million by 2027; it is estimated to grow at a CAGR of 7.8 % from 2020 to 2027.

The US, Canada, and Mexico are major economies in North America. Rising demand among commercial fitness centers for enhanced customer experience is expected to accelerate the North America indoor cycling software market. Indoor cycling software/app offers a large variety of cycling routes, training sessions, and workout options for both solo and group classes. The integration of various features into these apps for immersive cycling experience is driving the demand for these apps among health & fitness centers, gyms, and sports centers across North America. Interactive training sessions, routes from all over the North America, personal coaching features, and customized workout sessions among many others are some of the key features of popular indoor cycling apps offered by companies across North America such as Trainer Road and Zwift among others. These apps allow health and fitness centers to engage existing members and to attain new customers by offering engaging experiences and training with adoption of these indoor cycling apps. Companies such as SpiviTech and Stages Indoor Cycling across North America are offering dedicated subscription plans for studios and fitness/training centers. Furthermore, the growing adoption of digital technology solutions by these centers to enhance overall customer experience as well to improve productivity for higher profits. Features such as large variety of training sessions and cycling routes, customized workout, personal coaching etc. are expected to increase the demand of indoor cycling software among commercial fitness centers, which will drive the North America indoor cycling software market growth.

 

Furthermore, in case of COVID-19, North America is highly affected specially the US. Presently, North America is the largest market of indoor cycling software. The region is characterized by the presence of developed nations such as US and Canada, where the demand of technology solutions & services is quite high owing to the huge presence of companies from various industry sectors. Indoor cycling industry has been flourishing at an impressive pace in the US due to high adoption among commercial and individual end-users which has affected the North America indoor cycling software market. With more and more companies continuing to adopt remote working and increasing consumption/demand for online content/social media, the demand for indoor cycling software among end-users has seen an increase in the past few months. The COVID - 19 outbreak has a positive impact on the growth of some industries such as video conferencing, desktop virtualization, and online media & entertainment streaming. Hence, it is anticipated that COVID-19 crisis will impact the growth North America indoor cycling software market in a positive manner

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America indoor cycling software market. The North America indoor cycling software market is expected to grow at a good CAGR during the forecast period.

North America Indoor Cycling Software Market

North America Indoor Cycling Software Market

Get more information on this report :


 
North America Indoor Cycling Software Market Segmentation

 

 North America Indoor Cycling Software Market – By Session Type

  • Solo
  • Group

 North America Indoor Cycling Software Market – By Application

  • Professional Training
  • Health & Fitness

 North America Indoor Cycling Software Market – By Subscription Type

  • Monthly Subscription
  • Annual Subscription

 North America Indoor Cycling Software Market, by Country

  • US
  • Canada
  • Mexico

 North America Indoor Cycling Software Market - Companies Mentioned

  • SpiviTech Ltd.
  • Stages Indoor Cycling LLC
  • TrainerRoad, LLC
  • Wahoo Fitness
  • Zwift Inc.  

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        North America Indoor Cycling Software Market – By Session Type

1.3.2        North America Indoor Cycling Software Market – By Application

1.3.3        North America Indoor Cycling Software Market – By Subscription Type

1.3.4        North America Indoor Cycling Software Market- By Country

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America Indoor Cycling Software Market Landscape

4.1         Market Overview

4.2         North America PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           North America Indoor Cycling Software Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Increasing Health and Fitness Concerns

5.1.2        Soaring Growth Potential

5.2         Market Restraints

5.2.1        Accessibility of Free Software Options and Scarcity of Awareness

5.3         Market Opportunities

5.3.1        Rising Demand among Commercial Fitness Centers for Enhanced Customer Experience

5.4         Future Trends

5.4.1        Integration of Modern Technologies for Improved Capabilities

5.5         Impact Analysis of Drivers and Restraints

6.           Indoor Cycling Software Market – North America Analysis

6.1         North America Indoor Cycling Software Market Overview

6.2         North America Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

6.3         Market Positioning – Five Key Players

7.           North America Indoor Cycling Software Market Analysis – By Session Type

7.1         Overview

7.2         North America Indoor Cycling Software Market, By Session Type (2019 and 2027)

7.3         Solo

7.3.1        Overview

7.3.2        Solo: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

7.4         Group

7.4.1        Overview

7.4.2        Group: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

8.           North America Indoor Cycling Software Market Analysis – By Application

8.1         Overview

8.2         North America Indoor Cycling Software Market, By Application (2019 and 2027)

8.3         Professional Training

8.3.1        Overview

8.3.2        Professional Training: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

8.4         Health and Fitness

8.4.1        Overview

8.4.2        Health and Fitness: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

9.           North America Indoor Cycling Software Market Analysis – By Subscription Type

9.1         Overview

9.2         North America Indoor Cycling Software Market, By Subscription Type (2019 and 2027)

9.3         Monthly Subscription

9.3.1        Overview

9.3.2        Monthly Subscription: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

9.4         Annual Subscription

9.4.1        Overview

9.4.2        Annual Subscription: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

10.        North America Indoor Cycling Software Market – Country Analysis

10.1      Overview

10.1.1     North America: Indoor Cycling Software Market, by Key Country

10.1.1.1       US: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

10.1.1.1.1       US: Indoor Cycling Software Market, by Session Type

10.1.1.1.2       US: Indoor Cycling Software Market, by Application

10.1.1.1.3       US: Indoor Cycling Software Market, by Subscription Type

10.1.1.2       Canada: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

10.1.1.2.1       Canada: Indoor Cycling Software Market, by Session Type

10.1.1.2.2       Canada: Indoor Cycling Software Market, by Application

10.1.1.2.3       Canada: Indoor Cycling Software Market, by Subscription Type

10.1.1.3       Mexico: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

10.1.1.3.1       Mexico: Indoor Cycling Software Market, by Session Type

10.1.1.3.2       Mexico: Indoor Cycling Software Market, by Application

10.1.1.3.3       Mexico: Indoor Cycling Software Market, by Subscription Type

11.        North America Indoor Cycling Software Market- COVID-19 Impact Analysis

11.1      North America: Impact Assessment of COVID-19 Pandemic

12.        Industry Landscape

12.1      Market Initiative

12.2      Merger and Acquisition

12.3      New Development

13.        Company Profiles

13.1      Zwift Inc.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      SpiviTech Ltd.

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Stages Indoor Cycling LLC

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Trainer Road, LLC

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Wahoo Fitness

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

LIST OF TABLES

Table 1.             North America Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

Table 2.             US: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)

Table 3.             US: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)

Table 4.             US: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)

Table 5.             Canada: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)

Table 6.             Canada: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)

Table 7.             Canada: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)

Table 8.             Mexico: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)

Table 9.             Mexico: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)

Table 10.          Mexico: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)

Table 11.          List of Abbreviation

LIST OF FIGURES

Figure 1.           North America Indoor Cycling Software Market Segmentation

Figure 2.           North America Indoor Cycling Software Market Segmentation – By Country

Figure 3.           North America Indoor Cycling Software Market Overview

Figure 4.           Solo Segment held the Largest Share of North America Indoor Cycling Software Market

Figure 5.           Professional Training Segment held the Largest Share of North America Indoor Cycling Software Market

Figure 6.           Monthly Subscription Segment held the Largest Share of North America Indoor Cycling Software Market

Figure 7.           US to Show Great Traction During Forecast Period

Figure 8.           North America: PEST Analysis

Figure 9.           Expert Opinion

Figure 10.        North America Indoor Cycling Software Market Impact Analysis of Drivers and Restraints

Figure 11.        North America Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

Figure 12.        North America Indoor Cycling Software Market Revenue Share, by Session Type (2019 and 2027)

Figure 13.        North America Solo: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

Figure 14.        North America Group: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

Figure 15.        North America Indoor Cycling Software Market Revenue Share, by Application (2019 and 2027)

Figure 16.        North America Professional Training: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

Figure 17.        North America Health and Fitness: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

Figure 18.        North America Indoor Cycling Software Market Revenue Share, by Subscription Type (2019 and 2027)

Figure 19.        North America Monthly Subscription: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

Figure 20.        North America Annual Subscription: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

Figure 21.        North America: Indoor Cycling Software Market Revenue Share, by Key Country (2019 and 2027)

Figure 22.        US: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

Figure 23.        Canada: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

Figure 24.        Mexico: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)

Figure 25.        Impact of COVID-19 Pandemic in North American Country Markets

 

  1. SpiviTech Ltd.
  2. Stages Indoor Cycling LLC
  3. TrainerRoad, LLC
  4. Wahoo Fitness
  5. Zwift Inc.          

 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America indoor cycling software market.  
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America indoor cycling software market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the indoor cycling software market, as well as those hindering it    
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

 

TIPRE00016289
Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Pricing