Connect with us

Technology

Gym Management Software Market to Grow by USD 155.3 Million (2024-2028), Driven by Rising Demand, with AI Powering Market Evolution – Technavio

Published

on

NEW YORK, Dec. 2, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global gym management software market size is estimated to grow by USD 155.3 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 10.92% during the forecast period. Rise in demand for gym management software is driving market growth, with a trend towards rise in number of fitness centers and health clubs. However, growing concern about data privacy poses a challenge. Key market players include ABC Fitness Solutions, Anayan Software Consultancy Pvt. Ltd., ClubReady LL, Clubworx Pty Ltd., Exercise.com, EZ Facility Inc., Glofox, Gym Assistant, Gym Insight LLC, Gymdesk, IGYMSOFT, Jivine, MINDBODY Inc., Motionsoft Inc., Perfect Gym Solutions SA, RhinoFit, Sport Alliance GmbH, TECHNOGYM S.p.A, The Loop Enterprises LLC, Treshna Enterprses Ltd., Virtuagym, WellnessLiving Systems Inc., Wellyx, Xplor Technologies, and Zen Planner LLC.

AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Gyms and health clubs and Sports clubs), Deployment (Cloud-based and On-premises), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

ABC Fitness Solutions, Anayan Software Consultancy Pvt. Ltd., ClubReady LL, Clubworx Pty Ltd., Exercise.com, EZ Facility Inc., Glofox, Gym Assistant, Gym Insight LLC, Gymdesk, IGYMSOFT, Jivine, MINDBODY Inc., Motionsoft Inc., Perfect Gym Solutions SA, RhinoFit, Sport Alliance GmbH, TECHNOGYM S.p.A, The Loop Enterprises LLC, Treshna Enterprses Ltd., Virtuagym, WellnessLiving Systems Inc., Wellyx, Xplor Technologies, and Zen Planner LLC

Key Market Trends Fueling Growth

The global gym management software market is experiencing significant growth due to the increasing number of fitness centers and health clubs in response to the rising health consciousness among individuals. Obesity, a growing health concern caused by urban lifestyles and high-calorie diets, is driving this trend. People are turning to gyms as a solution to maintain their health and well-being, leading in demand for gym management software to streamline operations. This shift is not limited to men; women are also actively participating in fitness activities, influenced by factors such as fashion trends and improved education levels. The market growth is further fueled by the accessibility of information and social media platforms, enabling young people to stay informed and motivated. Overall, the global gym management software market is poised for steady growth during the forecast period. 

The Gym Management Software Market is thriving, with sports clubs and fitness centers embracing cloud-based platforms for streamlined operations. These solutions help manage administrative tasks, raw materials, and memberships, promoting health awareness and physical well-being. Front-runners in this market offer digital change through member tracking, attendance tracking, membership renewals, patron loyalty, retention, wearables, mobile apps, fitness progress, training routines, class scheduling, trainer management, equipment maintenance, online bookings, superior services, group exercise classes, boutique fitness studios, and wellness programs. Data security is a priority, ensuring client information remains protected. Cloud-based gym software is revolutionizing the industry, making it more accessible and efficient. 

Insights on how AI is driving innovation, efficiency, and market growth- Request Sample!

Market Challenges

The global gym management software market faces a significant challenge due to increasing concerns over data privacy. With the adoption of cloud-based systems, maintaining cloud security is a major concern for vendors. Hackers can easily gain access to cloud-based data storage systems, putting sensitive client information at risk. This data includes health statistics, gym visit schedules, and trainer details, which are highly personal and can negatively impact customer relationships with the gym. The digital economy relies heavily on data, but the exchange of information comes with risks, such as data breaches. These breaches can result from criminal activity or everyday occurrences. In the fitness industry, a data breach can lead to the exposure of sensitive information, including credit card details, bank accounts, and even email addresses. Vendors are addressing this challenge by improving network defense through solutions like Cloud Lifecycle Management (CLM) and micro-segmentation. CLM helps control access to cloud services based on authority levels, while micro-segmentation uses network virtualization for enhanced security. Despite these efforts, the growing concern over data privacy is expected to hinder the growth of the global gym management software market during the forecast period.In today’s fitness industry, health awareness is at an all-time high, leading in gym services and fitness centers. However, managing these businesses comes with challenges such as member tracking, attendance, membership renewals, patron loyalty, retention, and providing superior services. Gym software has emerged as a solution, offering digital tools for class scheduling, trainer management, equipment maintenance, online bookings, and fitness progress tracking. With the rise of wearables, mobile apps, and wellness programs, data security issues are paramount. Cloud-based gym software addresses these concerns, offering billing, equipment usage tracking, progress tracking, and mobile apps. Gym operators can leverage these tools to cater to the needs of gyms, fitness centers, and boutique studios, ensuring patron satisfaction and achieving fitness goals.

Insights into how AI is reshaping industries and driving growth- Download a Sample Report

Segment Overview 

This gym management software market report extensively covers market segmentation by

Application 1.1 Gyms and health clubs1.2 Sports clubsDeployment 2.1 Cloud-based2.2 On-premisesGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Gyms and health clubs- The gyms and health clubs segment is experiencing notable growth in the global gym management software market. Effective gym management is crucial for the success of fitness businesses. This encompasses overseeing daily operations and implementing security measures. Gym management software is an indispensable resource for businesses in the fitness industry. It enables studio owners to efficiently manage their facilities and members, while saving time and money. With the evolution of information technology, the fitness industry’s methods of operation are on the brink of transformation. Gym management software is a specialized tool designed for managing gym and health club operations. It offers features that gym owners and trainers utilize to automate routine administrative tasks, optimize processes, and boost member engagement and satisfaction. This software is essential for providing members with more personalized and effective services. Gym management software facilitates lead tracking, marketing campaign management, day-to-day operation handling, and social media platform integration to attract and retain members. It simplifies the operational duties involved in gym management, such as membership management, class scheduling, payment processing, and staff management. Consequently, the growing demand for gyms and health clubs will fuel the expansion of the global gym management software market throughout the forecast period.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

The Gym Management Software market is experiencing significant growth as more Sports Clubs and Fitness centers adopt cloud-based platforms to streamline their operations. These cloud-based solutions offer numerous benefits, including efficient administrative tasks, real-time member tracking, and attendance tracking. With a focus on Health Awareness and the importance of Physical and Mental well-being, Gym Management Software has become essential management tools for Gym services and Fitness centres. These digital changes enable Gyms to manage raw materials, membership renewals, and patron loyalty more effectively. As the front runners in this industry continue to innovate, the future of Gym Management Software looks bright, offering a multitude of opportunities for those seeking to prioritize their health and fitness journey.

Market Research Overview

The Gym Management Software Market is experiencing significant growth as more sports clubs and fitness centers adopt cloud-based platforms to streamline administrative tasks and enhance the overall gym experience. This digital change is driven by the increasing health awareness and focus on physical and mental well-being. The market’s front runners offer various tools to help gym operators manage raw materials, mining of data for business insights, and member tracking through mobile apps and wearables. Gym services and fitness centers benefit from these solutions by automating billing, equipment usage tracking, membership renewals, and patron loyalty programs. Class scheduling, trainer management, and equipment maintenance are also crucial features. Superior services such as group exercise classes, wellness programs, and boutique fitness studios are now accessible through these advanced gym software solutions. However, data security issues are a concern for gym operators and patrons, necessitating security measures. The market continues to evolve with the integration of online bookings, lesson planning, and access control systems. Overall, gym software is transforming the fitness industry by providing gym operators with the tools to cater to their patrons’ fitness goals effectively.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationGyms And Health ClubsSports ClubsDeploymentCloud-basedOn-premisesGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/gym-management-software-market-to-grow-by-usd-155-3-million-2024-2028-driven-by-rising-demand-with-ai-powering-market-evolution—technavio-302318935.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

AMI Brings Firmware Expertise to Arm Total Design Ecosystem to Simplify and Accelerate Development for Arm-based Custom Chiplet Solutions

Published

on

By

ATLANTA, Jan. 22, 2025 /PRNewswire/ — AMI®, the global leader in Dynamic Firmware for worldwide computing, is excited to announce it is bringing its expertise in industry-leading silicon firmware solutions to the Arm® Total Design ecosystem, aimed at accelerating development of custom silicon on Arm Compute Subsystems (CSS). In addition, AMI announced it is contributing its silicon firmware expertise to Arm’s Chiplet System Architecture (CSA).

AMI brings its silicon firmware solutions and expertise to Arm Total Design ecosystem and Chiplet System Architecture.

The growth of the Arm Total Design ecosystem represents a greater need in the industry for faster time to market, lower costs and frictionless delivery of custom SoCs. As part of the Arm Total Design ecosystem, AMI is committed to providing firmware solutions that help bring Arm-based custom silicon solutions to market faster than ever before. By leveraging the latest Neoverse™ CSS innovations from Arm, paired with AMI’s deep system knowledge and firmware expertise, developers can reach new levels of performance and efficiency, while also ensuring a seamless out-of-the-box software integration experience. 

As the first independent firmware vendor (IFV) included in the Arm Total Design ecosystem, AMI leverages its industry-leading silicon firmware solutions to ensure that mutual customers can maximize their performance while maintaining critical platform reliability, stability, and security. The modular framework provided by AMI for separating the compute and I/O subsystem provides a high degree of flexibility and agility for adopting these designs. AMI’s delivery of the pre-configured and pre-tested production quality modules for the reusable chiplets streamlines the time and resources required for this stage of development.

In addition to participating in Arm Total Design, AMI is also contributing its silicon firmware expertise to Arm’s CSA. The CSA outlines how to define and connect chiplets, mitigating the risk of fragmentation. New chiplet designs can be created with the confidence that they can be adapted and reused in CSA-compliant systems. 

“Arm Total Design has grown into an important ecosystem enabling the entire industry to innovate around Arm Neoverse CSS and build optimized silicon for specific use cases including AI, cloud, networking and the edge,” said Eddie Ramirez, vice president of go-to-market, Infrastructure Line of Business, Arm. “AMI brings unique expertise in firmware solutions to both the Arm Total Design ecosystem and as a contributor to CSA, making them a critical part of our customers’ success story.” 

Srivatsan Ramachandran, SVP of Global Strategic Alliances and Ecosystem Development at AMI, remarked, “We are proud to be part of the Arm Total Design ecosystem, collaborating with leading companies across a wide range of industries and applications. Our involvement in this ecosystem highlights our commitment to supporting the success of our partners and clients as they adopt Arm’s groundbreaking Neoverse CSS and Chiplet System Architecture.” 

Arm® and Neoverse™ are registered trademarks and/or trademarks of Arm Limited (or its subsidiaries) in the US and/or elsewhere.

About AMI
AMI is Firmware Reimagined for modern computing. As a global leader in Dynamic Firmware for security, orchestration, and manageability solutions, AMI enables the world’s compute platforms from on-premises to the cloud to the edge. AMI’s industry-leading foundational technology and unwavering customer support have generated lasting partnerships and spurred innovation for some of the most prominent brands in the high-tech industry.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ami-brings-firmware-expertise-to-arm-total-design-ecosystem-to-simplify-and-accelerate-development-for-arm-based-custom-chiplet-solutions-302357736.html

SOURCE AMI

Continue Reading

Technology

Global Private 5G Network Market Experiences Explosive Growth with 46.8% CAGR

Published

on

By

Comprehensive Report Unveils Latest Advances, Market Dynamics, and Practical Applications in the Private 5G Network Sector

BOSTON, Jan. 22, 2025 /PRNewswire/ — According to the latest study from BCC Research, “Global Private 5G Network Market” is projected to reach $22.2 billion by the end of 2029, at a CAGR of 46.8% for the forecast period of 2024-2029.

Private 5G networks cover hardware, software, and services. The report breaks down the market into frequency bands (sub-6-GHz and millimeter-wave) and deployment types (on-premises and cloud-based). The report examines how private 5G is used in industries such as manufacturing, healthcare, BFSI, energy, automotive, aerospace, media, mining, IT, logistics, and supply chain management. It also provides a regional analysis for North America, Europe, Asia-Pacific, and the Rest of the World, which includes Latin America, the Middle East and Africa. The study covers market drivers, trends and profiles of leading companies, with projections from 2024 to 2029 based on 2023 data.

The private 5G network market is evolving quickly, with innovations expanding its use across industries. With rising needs for secure, low-latency communications, the drive for industrial automation, and a growing demand for tailored network solutions, it is more important than ever for stakeholders to stay on top of these developments. Understanding the latest in private 5G can help companies seize new opportunities and stay competitive in this fast-changing landscape.

Factors driving the global private 5G network market include:

Growing Emphasis on Industrial Automation: Private 5G networks enable high-speed, low-latency connectivity for automated machinery and real-time data processing, boosting industrial efficiency.

Rising Demand for Low Latency and High Reliability: These networks provide the ultra-low latency and high reliability, needed for mission-critical applications in healthcare, manufacturing, and autonomous vehicles.

Increasing Security Concerns: Private 5G networks enhance security by offering better control over data traffic and allowing businesses to implement tailored security protocols.

Broadening Scope of Customized Solutions: These networks can be customized to meet specific industry needs, such as supporting high device density, providing remote coverage, or integrating with existing systems.

Request a sample copy of the global private 5G network market report.

Report Synopsis 

Report Metric

Details

Base year considered

2023

Forecast period considered

2024-2029

Base year market size

$2.3 billion

Market size forecast

$22.2 billion

Growth rate

CAGR of 46.8% for the forecast period of 2024-2029

Segments covered

Offering, Frequency Band, Deployment Type, Application

Regions covered

North America, Europe, Asia-Pacific, and Rest of the World (RoW)

Market drivers

• Growing emphasis on industrial automation.

• Rising demand for low latency and for high reliability.

• Increasing security concerns.

• Broadening scope of customized solutions

Facts about the global private 5G network market:

 Network Slicing in Private 5G: Enterprises use network slicing to customize network resources for specific applications, enhancing performance and security beyond traditional networks. Edge Computing Integration: Combining edge computing with private 5G enables real-time data processing at the network edge, reducing latency and enabling new applications such as autonomous vehicles and smart cities. Adoption in Key Sectors: Private 5G networks are increasingly used in manufacturing and healthcare for real-time data processing and high reliability, supporting technologies such as augmented reality and automation.

The report addresses the following questions:

What is the projected size and growth rate of the market?
• The market is projected to reach $22.2 billion by the end of 2029, at a CAGR of 46.8%.What factors are driving the growth of the market?
• These drivers include a growing emphasis on industrial automation, rising demand for low latency and high reliability, and increasing security concerns.What market segments are covered in the report?
• Offering, frequency band, deployment type, application and region.Which frequency band segment will dominate the market in 2029?
• The sub-6 GHz spectrum frequency band is expected to dominate the market in 2029.Which region has the largest market share?
North America holds the largest share.

Market leaders include:

 HUAWEI TECHNOLOGIES CO. LTD. CISCO SYSTEMS INC. CIENA CORP. JUNIPER NETWORKS INC. NEC CORP. NOKIA ORACLE SAMSUNG TELEFONAKTIEBOLAGET LM ERICSSON ZTE CORP.

Purchase a copy of the report direct from BCC Research.

For further information on any of these reports or to make a purchase, please contact info@bccresearch.com.    

About BCC Research

BCC Research market research reports provide objective, unbiased measurement, and assessment of market opportunities. Our experienced industry analysts’ goal is to help you make informed business decisions, free of noise and hype.

Contact Us

Corporate HQ: 50 Milk St. Ste 16, Boston, MA 02109, USA
Email: info@bccresearch.com,
Phone: +1 781-489-7301
For media inquiries, email press@bccresearch.com or visit our media page for access to our market research library.

Any data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.

Logo: https://mma.prnewswire.com/media/2183242/BCC_Research_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/global-private-5g-network-market-experiences-explosive-growth-with-46-8-cagr-302357844.html

SOURCE BCC Research LLC

Continue Reading

Technology

Southeast Missouri State University Receives Donation from OMRON to Support Engineering Education

Published

on

By

OMRON Furthers Commitment to Education and Community Impact by Empowering Future Innovators at SEMO

HOFFMAN ESTATE, Ill., Jan. 22, 2025 /PRNewswire-PRWeb/ — The OMRON Foundation has reinforced its commitment to fostering educational excellence through a donation to Southeast Missouri State University. This initiative equips the Department of Engineering and Technology with OMRON automation technology and enhances the engineering program by providing students with hands on experiences using the latest industry automation system.

“Through this partnership, we aim to further enhance the educational experiences of our students by putting a wider variety of automation tools in their hands to better prepare our graduates to meet the demands of the industry,” said Dr. Brad Deken.

“Through this partnership, we aim to further enhance the educational experiences of our students by putting a wider variety of automation tools in their hands to better prepare our graduates to meet the demands of the industry,” said Dr. Brad Deken, Chair of the Department of Engineering and Technology. “OMRON’s support enables us to offer a more dynamic, technology driven education.”

OMRON’s commitment to educational development and community support aligns with its mission to improve lives and build a better society. With a network of local manufacturers, students will gain valuable knowledge and experience in OMRON technology. This allows students to gain practical, hands on experience, preparing them for real world challenges and enhancing their career readiness.

“As a former student and now an employee at OMRON, I’ve experienced firsthand the immense benefits of integrating real world technology into our learning processes. Leading the partnership initiative has allowed me to give back to the program that shaped my career, ensuring that future students have even greater opportunities for success,” said Rajitha Dissanayake, OMRON Applications Engineer.

About Omron Foundation, Inc.
Founded in 1989, OMRON Foundation, Inc. (OFI) coordinates the charitable efforts of Omron offices in the U.S. to achieve the greatest positive social impact. The Foundation is funded by Omron’s subsidiaries in the U.S., which contribute a portion of sales revenue to the Foundation. The Foundation divides its charitable resources among organizations benefiting education, people with disabilities, cultural programs, health, and other social concerns including disaster relief.

About Omron Automation
Omron Automation is an industrial automation partner that creates, sells and services fully integrated automation solutions that include sensing, control, safety, vision, motion, robotics and more. Established in 1933, Omron’s 30,000 employees help businesses solve problems with creativity in more than 110 countries. Learn more at http://automation.omron.com.
For questions about OMRON Foundation, contact OMRON Foundation Director, Kevin Bulatek at kevin.bulatek@omron.com

Media Contact

Amy Wang, Omron Automation America, 2245756514, amy.wang@omron.com, https://automation.omron.com/en/us/

View original content:https://www.prweb.com/releases/southeast-missouri-state-university-receives-donation-from-omron-to-support-engineering-education-302357732.html

SOURCE Omron Automation America

Continue Reading

Trending