Global Personal Training Software Market
The global Personal Training Software market size was valued at $ 1,796.88 Million in 2021 growing at the CAGR of 6.14% from 2022 to 2032. This growth is attributed to several macro and microeconomic factors such as
Increasing awareness about health and wellness
The personal training software market is booming and growing at an exponential rate. This development has been a symptom of our society's increased awareness concerning health and physical fitness. According to the World Health Organization, “Worldwide obesity has nearly tripled since 1975. In 2016, more than 1.9 billion adults, 18 years and older, were overweight. Of these, over 650 million were obese.” these figures have brought in a drastic shift where the world is now embracing a more active lifestyle and people are taking measures to improve their overall health for the betterment of themselves, their families, and friends. As it becomes increasingly difficult to find time for leisure in one's ever-busy schedule, people everywhere are looking for convenient alternatives; appealing to those that cannot or simply don't have the time to join a local gym or group class. Personal trainers are filling this niche by offering customized fitness plans throughout an individual's busy day, thus revolutionizing fitness trends. Moreover, as the economy of developing countries is growing, the demand for personal training services is also increasing. This increased demand for personal training services, coupled with growing obesity and a sedentary lifestyle, is expected to drive the growth of the global personal training software market in the future.
Further several factors restraining the market growth include
The increasing popularity of outdoor exercises
Outdoor activities like hiking, bike riding, and running are becoming more popular than ever before because of their positive effects on the health of people. Outdoor activities enhance a person's physical strength as it increases their muscular endurance and provides a chance to lose weight in the process. Outdoor activities are also known to have beneficial mental effects. Studies show that those who regularly participate in physical activity outdoors report feeling fewer stress factors in their lives and higher levels of self-esteem. Activities such as biking or running help people to work towards their personal goals for staying healthy and active, whether it is to improve their performance in general or to stay fit for a charity marathon. Moreover, Outdoor activities are becoming increasingly popular amongst people around the world. Such hobbies as rock climbing and kayaking require less maintenance than swimming and gyming, although they're not completely free from technology. An increase in the number of individuals preferring outdoor activities to technology-driven indoor activities will hamper the market growth.
Collaborations and Alliances in the Personal Training Software market is expected to generate higher avenues during the forecast period.
In the wake of the COVID-19 pandemic, supply chain disruptions have led to supply shortages or lower demand in the Personal Training Software market. The pandemic has caused a decline in new orders and a corresponding decrease in production.
This section will analyze how COVID-19 has impacted supply chains, leading to shortages and lower demand for Personal Training Softwares.
In terms of COVID 19 impact, the Personal Training Software market report also includes the following data points:
Impact on Personal Training Software market size
Operating Weights Trend, Preferences, and Budget Impact
Regulatory Framework/Government Policies
Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
Opportunity in Personal Training Software market
Key Insight in the report:
The global Personal Training Software market report covers executive summary, market dynamics, COVID impact & post COVID scenario, market size and forecast, competitive intelligence, market positioning, and product offerings.
Our report covers extensive competitive intelligence which includes the following data points:
Business Overview
Business Segment Data
Financial Data
Product Segment Analysis and Specification
Recent Development and Company Strategy Analysis
SWOT Analysis
Personal Training Software Market Segmentation:
Type
Cloud-Based
Web-Based
Application
Large Enterprise
Small And Medium Enterprise
Region/ Countries Covered:
North America
US
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Rest of Asia Pacific
Rest of the World
South America
Middle East & Africa
Key Players Analyzed in the Report:
Trainerize
Mindbody
TrueCoach by Xplor
Glofox
ClubReady
WellnessLiving
Omnify
WeStrive
TotalCoaching
PT DISTINCTION
REPORT CONTENT:
High-level analysis of the current and future market trends and opportunities
Detailed analysis on current market drivers, restraining factors, and opportunities in the future
Personal Training Software market estimates for 2021 and forecast from 2022 to 2032
Vendor market share analysis at each product level
Competitor analysis with a detailed insight into its product segment, financial strength, and strategies adopted.
Target Audience
Manufacturers
Suppliers and traders
Government, associations, and industrial bodies
Investors and trade experts
Consulting Firms or Individual Consultant
Anyone interested in understanding the industry dynamics of the Personal Training Software market
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