Indoor Cycling Software Market Scope
The Indoor Cycling Software market is expected to grow in the future due to the rising concern about health and fitness among individuals and rising traffic and pollution on road. The key feature is that allows indoor cyclists to join group rides where they can measure themselves against others in the comfort of their own homes. Also offers a wealth of specific training plans that are built around the riderís goals.
The market study is segmented, by Application (Professional Training, Health and Fitness, Racing, Interactive Tourism and Others) and major geographies with country level break-up.
Competitive Intelligence on prominent players involved in the development of Indoor Cycling Software provides key insights in terms of strategies implemented to gain significant share in the Indoor Cycling Software market. The key market players are adopting various strategies such as innovation in the software, technology advancement to expand their existing product portfolio and maintain competitiveness in the rapidly growing market space. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Indoor Cycling Software market throughout the predicted period.
Zwift Inc. (United States), Strava (United States), Sufferfest (United States), Trainer Road (United States), Rouvy ( Czechia), BODY BIKE (Denmark), SpiviTech Ltd. (United States), CycleCast (United States) and Garmin Ltd. (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Studio Sweat (United States) and Peloton (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Indoor Cycling Software market by Type, Application and Region.
On the basis of geography, the market of Indoor Cycling Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In Aug 2020, Garmin India launched Tacxís smart range of indoor cycling trainers and rollers including Flux 2 Smart, Flux S Smart, Antares and Galaxia roller trainers. The newly launched trainers will create Ďa one-of-a-kindí indoor cycling experience and be an ideal indoor training companion for cyclists., and In May 2020, Zwift has released 24 new workouts. 16 new run workouts and 8 cycle workouts are being introduced into the game as stand-alone workouts. Ongoing improvements to the game continue with MeetUps with better functionality - invite up to 100 people, more world choices and meet-up only view.
- Advancement and Innovation in Indoor Cycling Software
- Growing Concern about Health and Fitness among Individuals
- Increasing Traffic and Pollutions which Limiting the Cyclists on Road
- Growing Awareness Regarding this Technology in both Developed and Developing nations
- Government Initiatives Promoting a Healthy Lifestyle
- High Cost of the Software
- Lack of Awareness among the Consumers
Key Target AudienceIndoor Cycling Software Provider, Technology Investors, Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
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