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North America Indoor Cycling Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Session Type, Application, and Subscription Type

  • ID: 5231417
  • Report
  • November 2020
  • Region: North America
  • 92 pages
  • The Insight Partners
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FEATURED COMPANIES

  • SpiviTech Ltd.
  • Stages Indoor Cycling LLC
  • TrainerRoad, LLC
  • Wahoo Fitness
  • Zwift Inc.
  • MORE
According to a new market research study on “North America Indoor Cycling Software Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Session Type, Application, and Subscription Type” is expected to reach US$ 90.80 million by 2027 from US$ 50.15 million in 2019. The market is estimated to grow at a CAGR of 7.8 % from 2020 to 2027. The report provides trends prevailing in the North America indoor cycling software market along with the drivers and restraints pertaining to the market growth. Rising demand among commercial fitness centers for enhanced customer experience and integration of modern technologies for improved capabilities are the major factor driving the growth of the North America indoor cycling software market. However, accessibility of free software options and scarcity of awareness hinder the growth of North America indoor cycling software market.

Further, 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.

The North America market for indoor cycling software is segmented into session type, application, subscription type, and country. 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 2020 to 2027 but group segment is expected to be fastest growing segment. On the basis of application, the market is divided into professional training and health & fitness. The professional training segment contributed a substantial share in 2019, and it is also anticipated to be the fastest growing application. Based on subscription type, the 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.

SpiviTech Ltd.; Stages Indoor Cycling LLC; TrainerRoad, LLC; Wahoo Fitness; Zwift Inc. are among the leading companies in the North America indoor cycling software market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, TrainerRoad introduced group workouts, which enables the user to train with their friends and achieve their goals. The group workouts have a limit of 11 users and allow them to do the same workout while sharing voice, video, and data to have a built-in support system.

The report segments the North America Indoor Cycling Software Market as follows:

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
Reasons to Buy
  • 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
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • SpiviTech Ltd.
  • Stages Indoor Cycling LLC
  • TrainerRoad, LLC
  • Wahoo Fitness
  • Zwift Inc.
  • MORE
1. Introduction
1.1 Study Scope
1.2 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 Publisher
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
Note: Product cover images may vary from those shown
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  • SpiviTech Ltd.
  • Stages Indoor Cycling LLC
  • TrainerRoad, LLC
  • Wahoo Fitness
  • Zwift Inc.
Note: Product cover images may vary from those shown
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