The indoor cycling software market is expected to grow from US$ 142.1 million in 2019 to US$ 274.5 million by 2027. The indoor cycling software market is expected to grow at a CAGR of 8.6% during the forecast period of 2021 to 2027.
The key factor driving the market is growing importance of health and fitness among people. In addition to this, the coronavirus pandemic has further aggravated the health concerns worldwide. Increasing efforts of key players to introduce and develop new products is one of the major factor contributing towards the growth of the indoor cycling software market. Advances in the offerings of indoor cycling software have led vendors to develop cycle-specific software to transform the indoor cycling community. For example, iQniter launched BiQing, an indoor cycling-specific software program that offers seamless integration of pre-designed, effort-based classes, with a custom screen display explicitly designed for group cycling. Similarly, in 2019, FulGaz introduced an Apple TV app for indoor cycling, integrated with the indoor cycling system, and provides outdoor cycling routes.
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 in a positive manner.
The market for indoor cycling software is segmented into session type, application, subscription type, and geography. Based on session type, the indoor cycling software market is divided into Solo and Group. The solo segment is projected to be the largest segment over the forecast period from 2021 to 2027. On the basis of application, the market is divided into professional training and health & fitness. The professional training segment contributed a substantial share in 2020, and it is also anticipated to be the fastest growing application owing to the increasing integration of training & professional workout sessions by market players operating in the global indoor cycling software market. Based on subscription type, the indoor cycling software market is divided into monthly subscription and annual subscription. The monthly subscription segment held the largest share whereas annual subscription segment is anticipated to be fastest growing owing to cost saving benefits of such plans.
Lucrative Regions in Indoor Cycling Software Market
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Indoor cycling software Market Insights
High Growth Potential in Developing Countries
Asia Pacific is a key region for the future market growth of both indoor cycling equipment and indoor cycling software. The region is characterized by the presence of some of the largest developing countries such as China, India and various South East Asian countries. The continuous increase in disposable income level, rise in middle class population, high demand for consumer electronics, fast growing population, and alarming pollution levels in some Asian countries are the key factors that are driving the demand for indoor exercise equipment in the APAC region. APAC region is also a hub for world’s largest IT firms concentrated in countries such as India, the presence of large MNCs in various other Asian countries has led to a large number of desk jobs.
Session Type -Based Market Insights
The indoor cycling workouts ranges from group classes at specialized cycling studios and gyms to solo rides at home. The market participants are investing heavily in offering integrated indoor cycling experiences to enhance the experience of individual rider’s in a solo or group sessions. In 2019, for example, Bkool launched an integrated realistic direct drive indoor smart trainer with a flexible stand that allows the rider to swing up to 6 ° on the bike, thus providing enhanced overall rider experience. The market for indoor cycling software is bifurcated into Solo and Group based on the session type.
Indoor cycling software Market, by Session Type– 2021 and 2027
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Application -Based Market Insights
Based on Application, the indoor cycling software market is segmented into: Professional Training and Health and Fitness. The vendors of Indoor cycling software are continually upgrading their solutions worldwide to deliver via apps and provide an explicit training goal for more personalized workout classes. It allows riders to do workouts by subscribing to a training plan tailored to the target events for the rider. The indoor cycling software is majorly adopted by professional trainers, health & fitness centers for conducting group conducting and solo sessions. These centers mainly use paid applications to provide riders who are not covered by free services with training sessions.
Subscription Type -Based Market Insights
Based on subscription type, the indoor cycling software market is bifurcated into: Monthly Subscription and Annual Subscription. The monthly subscription type led the indoor cycling software market in 2020. The annual subscription type is anticipated to grow at the highest CAGR during the forecast period. The annual subscription model is suitable for those individuals who are confident that they'll be using the software it for a year or longer.
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Indoor Cycling Software Market: Strategic Insights
Market Size Value in US$ 142.1 million in 2019 Market Size Value by US$ 274.5 million by 2027 Growth rate CAGR of 8.6% from 2021-2027 Forecast Period 2021-2027 Base Year 2021
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Indoor Cycling Software Market: Strategic Insights
| Market Size Value in | US$ 142.1 million in 2019 |
| Market Size Value by | US$ 274.5 million by 2027 |
| Growth rate | CAGR of 8.6% from 2021-2027 |
| Forecast Period | 2021-2027 |
| Base Year | 2021 |
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Players operating in the Indoor cycling software market focus on strategies, such as market initiatives, acquisitions, and product launches, to maintain their positions in the indoor cycling software market. A few developments by key players of the indoor cycling software market are:
In July 2020, Rouvy in partnership with IRONMAN released the new IRONMAN 70.3 Kona course. The route is situated on the rugged tropical island of Hawaii..
In May 2020, Elite Cycling joined forces with Bkool to present Elite Cup. The league started in June 2020 and featured six routes.
Indoor Cycling Software Market – By Session Type
- Solo
- Group
Indoor cycling software Market – by Application
- Professional Training
- Health and Fitness
Indoor Cycling Software Market – By Subscription Type
- Monthly Subscription
- Annual Subscription
Indoor cycling software Market – by Geography
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Russia
- UK
- Italy
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- Japan
- Australia
- South Korea
- Rest of APAC
- MEA
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- SAM
- Brazil
- Argentina
- Rest of SAM
Indoor Cycling Software Market – Company Profiles
- BKOOL, S.L.
- FulGaz
- Kinomap
- SpiviTech Ltd.
- Stages Indoor Cycling LLC.
- Tacx International B.V.
- Trainer Road, LLC
- VirtualTraining s.r.o.
- Wahoo Fitness
- Zwift Inc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Session Type , Application , and Subscription Type
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The market for indoor cycling software is bifurcated into solo and group based on the session type. The solo segment held the largest market share in the base year, i.e., 2019. One of the greatest advantages of a solo indoor cycling session is the flexibility that solo workouts offers to users.
The growing importance of health and fitness among global population coupled with rising pollution levels in cities are some of the key driving factors that are driving the demand for indoor cycling equipment and software market. Also, the increasing technology integration and adoption of indoor cycling software among studios, gyms, and fitness centers for providing enhanced customer experience are anticipated to drive the future growth of indoor cycling software market.
The indoor cycling software market is led by North America in 2019, followed by Europe and the APAC region. The growth of the market is mainly driven by the presence of leading market players in the region, such as Zwift Inc., Stages Indoor Cycling LLC, and SpiviTech Ltd., among others.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Indoor Cycling Software Market – By Session Type
1.3.2 Indoor Cycling Software Market – By Application
1.3.3 Indoor Cycling Software Market – By Subscription Type
1.3.4 Indoor Cycling Software Market- By Region
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Indoor Cycling Software Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Indoor Cycling Software –Market Dynamics
5.1 Market Drivers
5.1.1 Rising Health and Fitness Concerns Worldwide
5.1.2 High Growth Potential in Developing Countries
5.2 Market Restraints
5.2.1 Availability of Free Software Options and Lack of Awareness
5.3 Market Opportunities
5.3.1 Growing Demand among Commercial Fitness Centers for Enhanced Customer Experience
5.4 Future Trends
5.4.1 Advanced Technology Integration for Enhanced Capabilities
5.5 Impact Analysis of Drivers and Restraints
6. Indoor Cycling Software Market – Global Analysis
6.1 Global Indoor Cycling Software Market Overview
6.2 Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
6.3 Market Positioning – Five Key Players
7. Indoor Cycling Software Market Analysis – By Session Type
7.1 Overview
7.2 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. Indoor Cycling Software Market Analysis – By Application
8.1 Overview
8.2 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. Indoor Cycling Software Market Analysis – By Subscription Type
9.1 Overview
9.2 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. Indoor Cycling Software Market – Geographic Analysis
10.1 Overview
10.2 North America: Indoor Cycling Software Market
10.2.1 North America: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.2.2 North America: Indoor Cycling Software Market, by Session Type
10.2.3 North America: Indoor Cycling Software Market, by Application
10.2.4 North America: Indoor Cycling Software Market, by Subscription Type
10.2.5 North America: Indoor Cycling Software Market, by Key Country
10.2.5.1 US: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.2.5.1.1 US: Indoor Cycling Software Market, by Session Type
10.2.5.1.2 US: Indoor Cycling Software Market, by Application
10.2.5.1.3 US: Indoor Cycling Software Market, by Subscription Type
10.2.5.2 Canada: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.2.5.2.1 Canada: Indoor Cycling Software Market, by Session Type
10.2.5.2.2 Canada: Indoor Cycling Software Market, by Application
10.2.5.2.3 Canada: Indoor Cycling Software Market, by Subscription Type
10.2.5.3 Mexico: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.2.5.3.1 Mexico: Indoor Cycling Software Market, by Session Type
10.2.5.3.2 Mexico: Indoor Cycling Software Market, by Application
10.2.5.3.3 Mexico: Indoor Cycling Software Market, by Subscription Type
10.3 Europe: Indoor Cycling Software Market
10.3.1 Europe: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.3.2 Europe: Indoor Cycling Software Market, by Session Type
10.3.3 Europe: Indoor Cycling Software Market, by Application
10.3.4 Europe: Indoor Cycling Software Market, by Subscription Type
10.3.5 Europe: Indoor Cycling Software Market, by Key Country
10.3.5.1 Germany: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.3.5.1.1 Germany: Indoor Cycling Software Market, by Session Type
10.3.5.1.2 Germany: Indoor Cycling Software Market, by Application
10.3.5.1.3 Germany: Indoor Cycling Software Market, by Subscription Type
10.3.5.2 France: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.3.5.2.1 France: Indoor Cycling Software Market, by Session Type
10.3.5.2.2 France: Indoor Cycling Software Market, by Application
10.3.5.2.3 France: Indoor Cycling Software Market, by Subscription Type
10.3.5.3 Italy: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.3.5.3.1 Italy: Indoor Cycling Software Market, by Session Type
10.3.5.3.2 Italy: Indoor Cycling Software Market, by Application
10.3.5.3.3 Italy: Indoor Cycling Software Market, by Subscription Type
10.3.5.4 UK: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.3.5.4.1 UK: Indoor Cycling Software Market, by Session Type
10.3.5.4.2 UK: Indoor Cycling Software Market, by Application
10.3.5.4.3 UK: Indoor Cycling Software Market, by Subscription Type
10.3.5.5 Russia: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.3.5.5.1 Russia: Indoor Cycling Software Market, by Session Type
10.3.5.5.2 Russia: Indoor Cycling Software Market, by Application
10.3.5.5.3 Russia: Indoor Cycling Software Market, by Subscription Type
10.3.5.6 Rest of Europe: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.3.5.6.1 Rest of Europe: Indoor Cycling Software Market, by Session Type
10.3.5.6.2 Rest of Europe: Indoor Cycling Software Market, by Application
10.3.5.6.3 Rest of Europe: Indoor Cycling Software Market, by Subscription Type
10.4 APAC: Indoor Cycling Software Market
10.4.1 APAC: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.4.2 APAC: Indoor Cycling Software Market, by Session Type
10.4.3 APAC: Indoor Cycling Software Market, by Application
10.4.4 APAC: Indoor Cycling Software Market, by Subscription Type
10.4.5 APAC: Indoor Cycling Software Market, by Key Country
10.4.5.1 Australia: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.4.5.1.1 Australia: Indoor Cycling Software Market, by Session Type
10.4.5.1.2 Australia: Indoor Cycling Software Market, by Application
10.4.5.1.3 Australia: Indoor Cycling Software Market, by Subscription Type
10.4.5.2 China: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.4.5.2.1 China: Indoor Cycling Software Market, by Session Type
10.4.5.2.2 China: Indoor Cycling Software Market, by Application
10.4.5.2.3 China: Indoor Cycling Software Market, by Subscription Type
10.4.5.3 India: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.4.5.3.1 India: Indoor Cycling Software Market, by Session Type
10.4.5.3.2 India: Indoor Cycling Software Market, by Application
10.4.5.3.3 India: Indoor Cycling Software Market, by Subscription Type
10.4.5.4 Japan: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.4.5.4.1 Japan: Indoor Cycling Software Market, by Session Type
10.4.5.4.2 Japan: Indoor Cycling Software Market, by Application
10.4.5.4.3 Japan: Indoor Cycling Software Market, by Subscription Type
10.4.5.5 South Korea: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.4.5.5.1 South Korea: Indoor Cycling Software Market, by Session Type
10.4.5.5.2 South Korea: Indoor Cycling Software Market, by Application
10.4.5.5.3 South Korea: Indoor Cycling Software Market, by Subscription Type
10.4.5.6 Rest of APAC: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.4.5.6.1 Rest of APAC: Indoor Cycling Software Market, by Session Type
10.4.5.6.2 Rest of APAC: Indoor Cycling Software Market, by Application
10.4.5.6.3 Rest of APAC: Indoor Cycling Software Market, by Subscription Type
10.5 MEA: Indoor Cycling Software Market
10.5.1 MEA: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.5.2 MEA: Indoor Cycling Software Market, by Session Type
10.5.3 MEA: Indoor Cycling Software Market, by Application
10.5.4 MEA: Indoor Cycling Software Market, by Subscription Type
10.5.5 MEA: Indoor Cycling Software Market, by Key Country
10.5.5.1 South Africa: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.5.5.1.1 South Africa: Indoor Cycling Software Market, by Session Type
10.5.5.1.2 South Africa: Indoor Cycling Software Market, by Application
10.5.5.1.3 South Africa: Indoor Cycling Software Market, by Subscription Type
10.5.5.2 Saudi Arabia: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.5.5.2.1 Saudi Arabia: Indoor Cycling Software Market, by Session Type
10.5.5.2.2 Saudi Arabia: Indoor Cycling Software Market, by Application
10.5.5.2.3 Saudi Arabia: Indoor Cycling Software Market, by Subscription Type
10.5.5.3 UAE: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.5.5.3.1 UAE: Indoor Cycling Software Market, by Session Type
10.5.5.3.2 UAE: Indoor Cycling Software Market, by Application
10.5.5.3.3 UAE: Indoor Cycling Software Market, by Subscription Type
10.5.5.4 Rest of MEA: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.5.5.4.1 Rest of MEA: Indoor Cycling Software Market, by Session Type
10.5.5.4.2 Rest of MEA: Indoor Cycling Software Market, by Application
10.5.5.4.3 Rest of MEA: Indoor Cycling Software Market, by Subscription Type
10.6 SAM: Indoor Cycling Software Market
10.6.1 SAM: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.6.2 SAM: Indoor Cycling Software Market, by Session Type
10.6.3 SAM: Indoor Cycling Software Market, by Application
10.6.4 SAM: Indoor Cycling Software Market, by Subscription Type
10.6.5 SAM: Indoor Cycling Software Market, by Key Country
10.6.5.1 Brazil: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.6.5.1.1 Brazil: Indoor Cycling Software Market, by Session Type
10.6.5.1.2 Brazil: Indoor Cycling Software Market, by Application
10.6.5.1.3 Brazil: Indoor Cycling Software Market, by Subscription Type
10.6.5.2 Argentina: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.6.5.2.1 Argentina: Indoor Cycling Software Market, by Session Type
10.6.5.2.2 Argentina: Indoor Cycling Software Market, by Application
10.6.5.2.3 Argentina: Indoor Cycling Software Market, by Subscription Type
10.6.5.3 Rest of SAM: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
10.6.5.3.1 Rest of SAM: Indoor Cycling Software Market, by Session Type
10.6.5.3.2 Rest of SAM: Indoor Cycling Software Market, by Application
10.6.5.3.3 Rest of SAM: Indoor Cycling Software Market, by Subscription Type
11. Indoor Cycling Software Market- COVID-19 Impact Analysis
11.1 Overview
11.2 North America
11.3 Europe
11.4 Asia-Pacific
11.5 Middle East and Africa
11.6 South America
12. Industry Landscape
12.1 Market Initiative
12.2 Merger and Acquisition
12.3 New DEvelopment
13. Company Profiles
13.1 VirtualTraining s.r.o.
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 BKOOL, S.L.
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 Zwift Inc.
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 FulGaz
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 Kinomap
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
13.6 SpiviTech Ltd.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Stages Indoor Cycling LLC
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Tacx International B.V.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Trainer Road, LLC
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Wahoo Fitness
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
Table 2. North America: Indoor Cycling Software Market, by Session Type – Revenue and Forecast to 2027 (US$ Thousand)
Table 3. North America: Indoor Cycling Software Market, by Application – Revenue and Forecast to 2027 (US$ Thousand)
Table 4. North America: Indoor Cycling Software Market, by Subscription Type – Revenue and Forecast to 2027 (US$ Thousand)
Table 5. US: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 6. US: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 7. US: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 8. Canada: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 9. Canada: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 10. Canada: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 11. Mexico: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 12. Mexico: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 13. Mexico: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 14. Europe: Indoor Cycling Software Market, by Session Type – Revenue and Forecast to 2027 (US$ Thousand)
Table 15. Europe: Indoor Cycling Software Market, by Application – Revenue and Forecast to 2027 (US$ Thousand)
Table 16. Europe: Indoor Cycling Software Market, by Subscription Type – Revenue and Forecast to 2027 (US$ Thousand)
Table 17. Germany: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 18. Germany: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 19. Germany: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 20. France: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 21. France: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 22. France: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 23. Italy: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 24. Italy: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 25. Italy: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 26. UK: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 27. UK: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 28. UK: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 29. Russia: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 30. Russia: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 31. Russia: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 32. Rest of Europe: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 33. Rest of Europe: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 34. Rest of Europe: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 35. APAC: Indoor Cycling Software Market, by Session Type – Revenue and Forecast to 2027 (US$ Thousand)
Table 36. APAC: Indoor Cycling Software Market, by Application – Revenue and Forecast to 2027 (US$ Thousand)
Table 37. APAC: Indoor Cycling Software Market, by Subscription Type – Revenue and Forecast to 2027 (US$ Thousand)
Table 38. Australia: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 39. Australia: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 40. Australia: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 41. China: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 42. China: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 43. China: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 44. India: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 45. India: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 46. India: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 47. Japan: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 48. Japan: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 49. Japan: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 50. South Korea: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 51. South Korea: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 52. South Korea: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 53. Rest of APAC: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 54. Rest of APAC: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 55. Rest of APAC: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 56. MEA: Indoor Cycling Software Market, by Session Type– Revenue and Forecast to 2027 (US$ Thousand)
Table 57. MEA: Indoor Cycling Software Market, by Application – Revenue and Forecast to 2027 (US$ Thousand)
Table 58. MEA: Indoor Cycling Software Market, by Subscription Type – Revenue and Forecast to 2027 (US$ Thousand)
Table 59. South Africa: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 60. South Africa: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 61. South Africa: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 62. Saudi Arabia: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 63. Saudi Arabia: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 64. Saudi Arabia: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 65. UAE: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 66. UAE: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 67. UAE: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 68. Rest of MEA: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 69. Rest of MEA: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 70. Rest of MEA: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 71. SAM: Indoor Cycling Software Market, by Session Type – Revenue and Forecast to 2027 (US$ Thousand)
Table 72. SAM: Indoor Cycling Software Market, by Application – Revenue and Forecast to 2027 (US$ Thousand)
Table 73. SAM: Indoor Cycling Software Market, by Subscription Type – Revenue and Forecast to 2027 (US$ Thousand)
Table 74. Brazil: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 75. Brazil: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 76. Brazil: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 77. Argentina: Indoor Cycling Software Market, by Session Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 78. Argentina: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 79. Argentina: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 80. Rest of SAM: Indoor Cycling Software Market, by Session Type–Revenue and Forecast to 2027 (US$ Thousand)
Table 81. Rest of SAM: Indoor Cycling Software Market, by Application –Revenue and Forecast to 2027 (US$ Thousand)
Table 82. Rest of SAM: Indoor Cycling Software Market, by Subscription Type –Revenue and Forecast to 2027 (US$ Thousand)
Table 83. List of Abbreviation
LIST OF FIGURES
Figure 1. Indoor Cycling Software Market Segmentation
Figure 2. Indoor Cycling Software Market Segmentation – By Geography
Figure 3. Global Indoor Cycling Software Market Overview
Figure 4. Solo Segment held the Largest Share of Indoor Cycling Software Market
Figure 5. Professional Training Segment held the Largest Share of Indoor Cycling Software Market
Figure 6. Monthly Subscription Segment held the Largest Share of Indoor Cycling Software Market
Figure 7. APAC to Show Great Traction During Forecast Period
Figure 8. North America: PEST Analysis
Figure 9. Europe: PEST Analysis
Figure 10. Asia-Pacific: PEST Analysis
Figure 11. MEA: PEST Analysis
Figure 12. South America: PEST Analysis
Figure 13. Expert Opinion
Figure 14. Indoor Cycling Software Market Impact Analysis of Drivers and Restraints
Figure 15. Geographic Overview of Indoor Cycling Software Market
Figure 16. Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
Figure 17. Indoor Cycling Software Market Revenue Share, by Session Type (2019 and 2027)
Figure 18. Solo: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
Figure 19. Group: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
Figure 20. Indoor Cycling Software Market Revenue Share, by Application (2019 and 2027)
Figure 21. Professional Training : Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
Figure 22. Health and Fitness: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
Figure 23. Indoor Cycling Software Market Revenue Share, by Subscription Type (2019 and 2027)
Figure 24. Monthly Subscription : Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
Figure 25. Annual Subscription: Indoor Cycling Software Market – Revenue and Forecast to 2027 (US$ Thousand)
Figure 26. Indoor Cycling Software Market Revenue Share, By Region (2019 and 2027)
Figure 27. North America: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 28. North America: Indoor Cycling Software Market Revenue Share, by Session Type (2019 and 2027)
Figure 29. North America: Indoor Cycling Software Market Revenue Share, by Application (2019 and 2027)
Figure 30. North America: Indoor Cycling Software Market Revenue Share, by Subscription Type (2019 and 2027)
Figure 31. North America: Indoor Cycling Software Market Revenue Share, by Key Country (2019 and 2027)
Figure 32. US: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 33. Canada: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 34. Mexico: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 35. Europe: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 36. Europe: Indoor Cycling Software Market Revenue Share, By Session Type (2019 and 2027)
Figure 37. Europe: Indoor Cycling Software Market Revenue Share, By Application (2019 and 2027)
Figure 38. Europe: Indoor Cycling Software Market Revenue Share, By Subscription Type (2019 and 2027)
Figure 39. Europe: Indoor Cycling Software Market Revenue Share, By Key Country (2019 and 2027)
Figure 40. Germany: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 41. France: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 42. Italy: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 43. UK: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 44. Russia: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 45. Rest of Europe: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 46. APAC: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 47. APAC: Indoor Cycling Software Market Revenue Share, By Session Type (2019 and 2027)
Figure 48. APAC: Indoor Cycling Software Market Revenue Share, By Application (2019 and 2027)
Figure 49. APAC: Indoor Cycling Software Market Revenue Share, By Subscription Type (2019 and 2027)
Figure 50. APAC: Indoor Cycling Software Market Revenue Share, By Key Country (2019 and 2027)
Figure 51. Australia: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 52. China: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 53. India: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 54. Japan: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 55. South Korea: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 56. Rest of APAC: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 57. MEA: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 58. MEA: Indoor Cycling Software Market Revenue Share, By Session Type (2019 and 2027)
Figure 59. MEA: Indoor Cycling Software Market Revenue Share, By Application (2019 and 2027)
Figure 60. MEA: Indoor Cycling Software Market Revenue Share, By Subscription Type (2019 and 2027)
Figure 61. MEA: Indoor Cycling Software Market Revenue Share, By Key Country (2019 and 2027)
Figure 62. South Africa: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 63. Saudi Arabia: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 64. UAE: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 65. Rest of MEA: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 66. SAM: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 67. SAM: Indoor Cycling Software Market Revenue Share, By Session Type (2019 and 2027)
Figure 68. SAM: Indoor Cycling Software Market Revenue Share, By Application (2019 and 2027)
Figure 69. SAM: Indoor Cycling Software Market Revenue Share, By Subscription Type (2019 and 2027)
Figure 70. SAM: Indoor Cycling Software Market Revenue Share, By Key Country (2019 and 2027)
Figure 71. Brazil: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 72. Argentina: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 73. Rest of SAM: Indoor Cycling Software Market – Revenue and Forecast To 2027 (US$ Thousand)
Figure 74. Impact of COVID-19 Pandemic in North American Country Markets
Figure 75. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 76. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 77. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 78. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Indoor Cycling Software Market
- BKOOL, S.L.
- FulGaz
- Kinomap
- SpiviTech Ltd.
- Stages Indoor Cycling LLC.
- Tacx International B.V.
- Trainer Road, LLC
- VirtualTraining s.r.o.
- Wahoo Fitness
- Zwift Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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