What is Yoga Studio System Market?
The awareness about the health benefits of yoga has upsurged the demand for innovative yoga management and yoga studio systems across the globe. Yoga studio systems offer comparatively powerful customer relationship management functionality than conventional systems. It also enables automatic scheduling and booking. In addition to this, increasing awareness about the Yoga benefits will also generate lucrative demand over the forecasted period, However, the dearth of skilled yoga professionals from the American and European regions might stagnate the demand for Yoga Studio Systems.
The market study is being classified, by Application (Single Location Business & Individuals and Multiple Location Business) and major geographies with country level break-up.
Acuity Scheduling Inc. (United States), Pike13 (United States), Motionsoft, Inc. (United States), Vagaro, Inc. (United States), Zen Planner (Daxko) (United States), Digifit B.V. (Virtuagym) (Netherlands), Slightech Inc. (United States), Perfect Gym Solutions Inc. (Poland), Bitrix, Inc. (United States) and Dencom Media Inc. (BookStream) (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Skedda HQ (Australia), Team App (United States), Bookeo Pty Ltd. (Australia), Glofox (Ireland), Square Inc. (United States) and GymMaster (New Zealand).
The Players having a strong hold in the market are Acuity Scheduling, Pike13, Motionsoft, Vagaro, and Zen Planner. Research Analyst at AMA predicts that United States & European Players will contribute to the maximum growth of Global Yoga Studio System market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Yoga Studio System market by Type, Application and Region.
On the basis of geography, the market of Yoga Studio System 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Comparatively Advantageous than Number of Health Excercise such as Gymnastics, Athletics, Aerobics, Games, and Various Other Forms
- Doesn't Require Any Additional Equipment for Yoga
Market Trend
- Introduction to Yoga Studio Systems with Minimum Risk
- Growing Adoption of Innovative Yoga Techniques Restorative Yoga, Aerial Yoga, and Many Others
Restraints
- Requires Skilled Analyzers and Continuously Changing Consumer Preferences
- Availability of Manual Yoga Service Management
Opportunities
- Increasing Awareness across European and North American Population
- Ease of Scheduling and Exercise Management
Challenges
- A Dearth of Skilled Professionals from European and American Population
- Incorrect Exercises might Cause Numerous Substitutes
Market Leaders and some development strategies
On April 23rd, 2019, a global website building service provider, "Squarespace", has acquired "Acuity Scheduling Inc". which sells online appointment tools. With this acquisition, the company is trying to reinvent itself by providing more professional services to help its customers better run their online businesses.
On February 14th, 2017, a comprehensive member management software for gyms, martial arts schools, boxes and fitness studios, "Zen Planner" has introduced an integrated system named "Zen Planner Suite". These expertly crafted websites are fully integrated with Zen Planner’s software and have strategically designed features focused on establishing each customer’s brand and generating leads. With the addition of websites, Zen Planner is able to provide our customers with integrated marketing features.
Key Target Audience
Yoga Studio System Providers, Yoga Studio System Downstream Buyers, Government Agencies, Research and Development Institutes, Government Agencies and Others