IBM Corporation had Partnered with Armour to Create and Provide Meaningful Data-Backed Health and Fitness Insights with IBM Watson's Cognitive Computing Technology

The fitness industry has been dramatically affected by technology. Wearable tech like fitness trackers and smartwatches are becoming increasingly popular, as they offer a convenient way to track your fitness progress. These devices can also provide valuable insights into your sleep patterns, helping you to get the rest you need to perform your best. The growth of cloud computing has allowed gym management software to be easily accessible on smartphones, benefiting gym employees, including trainers and gym members.   

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The Global Gym Management Software Market is expected to reach USD 31,275.84 million by 2030 from USD 15,243.72 million in 2022, growing with a substantial CAGR of 9.40% in the forecast period of 2023 to 2030. The global gym management software market is primarily driven by the growing need to digitize onboard gym members' data and administrative tasks. Additionally, the increasing use of gym management software platforms across the region is hoisting the market growth of the gym management software market. However, the higher cost of implementation of gym management systems and the rise in complexity of gym management software systems are the factors that may impede the growth of the market across the globe. The emergence of A.L., Ml, and R.P.A. technology to handle repetitive and labor-intensive tasks provides the opportunity for market growth.              

Gym Management Software Market

Adoption of gym management software for optimizing various operation across the world will drive the market's growth rate

Every gym owner uses a different method of running a gym. Nevertheless, the payroll system is the standard need for all of them. They want a solution that calculates custom pay rates such as weekly, monthly, and per hour. Furthermore, gym management software such as wellyx ensures business engagement with clients with features like a digital whiteboard, mobile apps, and performance and evaluation. In addition, there has been a huge demand for more organized and up-to-date fitness applications. Therefore, the adoption of various gym management software assists in communication with gym members and provides clients with workout stats, class schedules, and gym-related news and events. Hence, the surge in management software adoption in reducing costs and optimizing operations is expected to increase the market growth.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Test Type (Bioanalytical Testing, Batch Release Testing, Stability Testing, Raw Material Testing, Physical Characterization, Method Validation, Microbial Testing, Environmental Monitoring), Service Type (Hospital-Based Laboratories, Stand-Alone Laboratories and Clinics-Based Laboratories), Method Type (Cell-Based Assays, Virology Testing, Biomarker Testing, Pharmacokinetic Testing, Immunogenicity and Serology), Application (Oncology, Neurology, Infectious disease, Gastroenterology, Cardiology and Other Applications), Technology (Mass Spectroscopy (LC-MS/MS), Immunochemistry, UPLC Technology, Turbulent Flow Technology, Others), End User Channel (Pharmaceutical and Biopharmaceutical Companies, Contract Development and Manufacturing Organizations, Contract Research Organizations and Others)

Countries Covered

U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

Market Players Covered

Microsoft (U.S.), Oracle (U.S.), MINDBODY, Inc. (U.S.), Zenoti (U.S.), PerfectGym (Poland), Virtuagym (Netherlands), WellnessLiving Systems Inc. (Canada), Jonas Fitness Inc. (U.S.), Wodify Technologies Ltd (U.S.), Zen Planner, LLC (U.S.), Glofox (Ireland), Treshna Enterprises Ltd. (U.S.), PushPress, Inc. (U.S.), RhinoFit (U.S.), TeamUp Sports, Inc. (U.S.), WodGuru (Poland), and Arbox Ltd. (Israel) among others

Data Points Covered in the Report

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework

Segment Analysis:

The global gym management software market is segmented into four notable segments based on deployment type, enterprise size, sales channel, and application.

  • On the basis of deployment type, the global gym management software market is segmented into on-premises and cloud. In 2022, the cloud is expected to dominate the global gym management software market with a 69.51% share as all businesses are shifting toward digitization and cloud technology.
  • Based on enterprise size, global gym management software market is segmented into large scale enterprises, small scale enterprises, and medium scale enterprises. In 2022, large scale enterprises is expected to dominate the global gym management software market with a 50.1% share as there is a rise in demand for payable solutions due to tracking all transactions across the globe.
  • On the basis of sales channel, global gym management software market is segmented into b2b and b2c. In 2022, b2b to dominate the global gym management software market with 85.8% share due to its improved efficiency and relatively lesser infrastructure cost.

The b2b segment will dominate the sales channel segment of the gym management software market

The b2b segment will emerge as the dominating segment sales channel segment. This is because of the growing number of contract development & manufacturing organizations in the market especially in the developing economies. Further, growth and expansion of research development services on a global scale will further bolster the growth of this segment.

  • On the basis of application, the global gym management software market is segmented into sports clubs, gyms and health clubs, and other. In 2022, gyms and health clubs is expected to dominate the global gym management software market with a 60.0% share as it is fast growing to adopt technologies like machine learning and artificial intelligence for gym management.

The gyms and health clubs segment will dominate the application segment of the gym management software market

The gyms and health clubs segment will emerge as the dominating segment under application. This is because of the growing number of infrastructural development activities in the market especially in the developing economies. Further, growth and expansion of the healthcare industry all around the globe will further bolster the growth of this segment.

Major Players         

Data Bridge Market Research recognizes the following companies as the market players in market: Microsoft (U.S.), Oracle (U.S.), MINDBODY, Inc. (U.S.), Zenoti (U.S.), PerfectGym (Poland), Virtuagym (Netherlands), WellnessLiving Systems Inc. (Canada), Jonas Fitness Inc. (U.S.), Wodify Technologies Ltd (U.S.), Zen Planner, LLC (U.S.), Glofox (Ireland), Treshna Enterprises Ltd. (U.S.), PushPress, Inc. (U.S.), RhinoFit (U.S.), TeamUp Sports, Inc. (U.S.), WodGuru (Poland), and Arbox Ltd. (Israel).

Gym Management Software Market

Market Development

  • Glofox announced its collaboration with 9Round studios in July 2022. In accordance with this arrangement, the business will offer its operating and administration platform to 9Round studios in over 20 regions. Within the next two to three years, growth is anticipated to reach 15 markets. The business is making money and planning to go global in the global gym management software sector.
  • Virtuagym announced in April 2022 that it would be enhancing its workout platform by launching a video platform for the fitness industry. This advancement will enable the business to provide customers with better and more varied solutions, thereby raising brand value in the marketplace.

Regional Analysis

Geographically, the countries covered in the market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

As per Data Bridge Market Research analysis:

North America is the dominant region in gym management software market during the forecast period 2023 to 2030

North America dominates the market. Market expansion is anticipated to be aided by rising R&D spending and the penetration of various technology and features that have transitioned the gym management software industry.  

Asia-Pacific is estimated to be the fastest-growing region in gym management software market the forecast period 2023 to 2030

The fastest CAGR is predicted for Asia-Pacific owing to the rising demand from emerging countries. China currently controls the Asia-Pacific due to the strategic partnership, solutions launches, and acquisition among major players.    

COVID-19 Impact

Due to the closure of fitness and gym facilities during COVID-19, this market for gym management software sector was significantly damaged. Additionally, the industry has experienced rapid expansion since it opened following COVID-19, and it is anticipated that the sector would experience significant growth because of the expanding bodybuilder sporting culture environment around the world. Software vendors are taking a number of strategic actions to recover from COVID-19. To improve the technology incorporated into the gym management software, the players are engaged in a number of research and development initiatives. The businesses will do this to market cutting-edge technologies. Government programmes for promoting a healthy lifestyle and sports culture have also driven industry expansion.

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