[190+ Pages Report] According to the report published by Facts and Factors, the global indoor cycling software market size was valued at around USD 13 million in 2018 and is expected to grow to around USD 29 million by 2027 with a compound annual growth rate (CAGR) of roughly 8.9% between 2019 and 2027. The report analyzes the global indoor cycling software market drivers, challenges, and the impact they have on the demands during the forecast period. In addition, the report explores emerging opportunities in the indoor cycling software market.
The report covers the forecast and analysis of the Indoor Cycling Software market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the Indoor Cycling Software market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Indoor Cycling Software market on a global level.
In order to give the users of this report a comprehensive view of the Indoor Cycling Software market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides a company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new service & product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.
The study provides a decisive view of the Indoor Cycling Software market by segmenting the market based on session type, application, app type, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Massive awareness about health & fitness among the young & old is likely to steer the expansion of the indoor cycling software industry during the forecast period. In addition to this, the rise in the middle-income group population and surge in desk jobs has prompted the demand for fitness activities in countries like India and China. Moreover, metro cities in these economies are overcrowded and streets are not suitable for outdoor cycling activities. This has led to gyms or fitness service providers offering indoor cycling amenities to its members. All these aforementioned aspects are likely to promote market demand over the forecast timeline.
Report Attribute |
Details |
Market Size in 2018 |
USD 13 million |
Projected Market Size in 2027 |
USD 29 million |
CAGR Growth Rate |
8.9% CAGR |
Base Year |
2018 |
Forecast Years |
2019–2027 |
Key Market Players |
Bkool, BODY BIKE, FulGaz, KINOMAP, Spivi, Tacx International B.V., The Sufferfest, Trainer Road, LLC, Virtu Cycling Group, VirtualTraining s.r.o., Zwift Inc., and Others |
Key Segment |
By Session Type, By Application, By App Type, and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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On the basis of session type, the market for indoor cycling software is divided into Group and Solo. Application-wise, the market is classified into Professional Training and Health & Fitness. Based on the App Type, the industry is divided into Paid Apps and Free Apps. his report segments the Indoor Cycling Software market as follows: Indoor Cycling Software Market: By Session Type Segment Analysis • Group • Solo Indoor Cycling Software Market: By Application Segment Analysis • Professional Training • Health & Fitness Indoor Cycling Software Market: By App Type Segment Analysis • Paid Apps • Free Apps
This report segments the Indoor Cycling Software market as follows:
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