Press release
Indoor Cycling Software Market to Reach US$ 274.5 million by 2027 at a CAGR of 8.6% | BKOOL, S.L.,FulGaz,Kinomap,SpiviTech Ltd.
According to our latest market study on "Indoor Cycling Software Market Forecast to 2027 - COVID-19 Impact and Global Analysis - by Session Type (Solo and Group), Application (Professional Training and Health & Fitness), and Subscription Type (Monthly Subscription and Annual Subscription)," the global indoor cycling software market was valued at US$ 142.1 million in 2019 and is expected to grow at a CAGR of 8.6% during the forecast period of 2020 to 2027 to reach US$ 274.5 million by 2027Increasing efforts of key players to introduce and develop new products is one of the major factors contributing toward 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. This further enhances the overall market demand for indoor cycling software and is expected to increase the adoption of this software during the forecast period.
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.
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Indoor Cycling Software Regional Growth- 2021-2027
The report segments the global Indoor Cycling Software market as follows:
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
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Indoor Cycling Software market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Indoor Cycling Software market segments and regions.
Scope of the Report
The research on the Indoor Cycling Software market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor's methodologies. The research also segments the Indoor Cycling Software market on the basis of end user, product type, application, and demography for the forecast period 2021-2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Indoor Cycling Software market during the forecast period, i.e., 2021-2027. Most importantly, the report further identifies the qualitative impact of various market factors on market segments and geographies. The research segments the market on the basis of product type, application, technology, and region. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors including but not limited to supply chain management, niche markets, distribution channel, trade, supply, and demand and production capability across different countries.
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Major highlights of the report:
All-inclusive evaluation of the parent market
Evolution of significant market aspects
Industry-wide investigation of market segments
Assessment of market value and volume in past, present, and forecast years
Evaluation of market share
Study of niche industrial sectors
Tactical approaches of market leaders
Lucrative strategies to help companies strengthen their position in the market
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Life Science, Technology, Healthcare, Manufacturing, Automotive and Defense, Food Beverages, Chemical etc.
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