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

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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.

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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. 

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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.

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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.

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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/

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AI-Powered Earbuds Transforming North American Smart Offices: Exclusive Insights from viaim CPO at CES 2025

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LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — At CES 2025 in Las Vegas, Liu Da, Chief Product Officer (CPO) of viaim, an AI technology hardware company deeply rooted in the smart office sector, gave an exclusive interview, sharing valuable insights into viaim’s exploration of the field of AI-powered earbuds, its innovative product concepts, and how the technology addresses common workplace challenges in North America. Mr. Liu also delved into the market potential of AI-powered earbuds and viaim’s strategic blueprint for shaping the future of smart offices, especially in the North American market.

North American business professionals have widely embraced remote and hybrid work models. The rise of multilingual communication has fostered a highly digitalized consumer landscape with diverse user needs, particularly for smart office solutions. In response, viaim is dedicated to developing practical AI solutions that alleviate repetitive and tiring office tasks. By addressing the evolving demands of North American professionals with its AI-driven innovations, viaim is advancing its global mission to transform work efficiency and productivity.

Unique advantages of AI-powered smart earbuds

In the interview, Mr. Liu said earbuds, being close to the user’s senses, are seamlessly integrated into daily life and serve as an ideal platform for AI technology. Unlike traditional office hardware, AI-powered earbuds are portable and versatile, fitting various scenarios such as remote meetings, commuting, and entertainment. He highlighted that viaim’s AI-powered smart office solutions position the Company to bridge the gap between people and devices, transforming earbuds from simple audio tools into smart office partners. 

viaim’s technology and design challenges during the R&D  phase

Mr. Liu detailed the challenges the Company faced during the R&D phase, including integrating AI computing power, storage, and sensors into earbuds with limited space while maintaining portability and battery life. He also highlighted the difficulty of balancing human auditory sensitivity with machine signal processing to ensure a natural user experience. To tackle these challenges, viaim employed multi-terminal collaboration, integrating earbuds, apps, and cloud services to ensure seamless voice processing and secure data management tailored to the needs of North American professionals.

Market potential, insights, and positioning in North America

A report from Upwork, the world’s largest work marketplace, projects 36.2 million Americans will work remotely in 2025, marking an 87% increase from pre-pandemic levels. AI-powered earbuds, with capabilities including meeting recording and follow-up task management, cater to the digitalized and multilingual North American market. As remote and hybrid work rises, AI earbuds are becoming vital for workplace efficiency and language learning. viaim stands out with a competitive strategy focused on technological innovation and market segmentation, offering unique value beyond traditional earbud brands.

Future strategy and product vision

Mr. Liu believes technology’s true value lies in solving real-world problems. “When users actively engage with our AI solutions, it demonstrates their true value,” he stated. AI earbuds remain the Company’s core focus, empowering professionals to shift their attention from routine tasks to meaningful creative endeavors. Looking ahead, viaim plans to expand its product lineup to include smart glasses and office accessories, creating a comprehensive AI office ecosystem. The Company aims to rapidly iterate based on user feedback, expanding AI earbuds from niche to mass markets and advancing industry development.

Media Contact: 

Qian Wang
+86-15321782927
wangqian@vision-intelligence.tech

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Steller Unveils Group Trip Planning

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KIRKLAND, Wash., Jan. 10, 2025 /PRNewswire/ — Steller, a video-based, travel planning platform that allows travelers to discover, connect and book based on experiences shared by creators, introduced its most requested feature yet: group trip collaboration. The feature transforms how travelers plan group trips by consolidating everything—discovery, communication, organized planning, and booking—into one platform. 

Steller launches group trip planning, streamlining discovery, communication, and booking into one collaborative platform.

Traditional Trip planning involves multiple surfaces and when traveling with others, multiple communication channels. It is difficult to stay organized when communication is spread across text messages, social DMs, email, etc.  

Steller’s new collaboration feature eliminates communication chaos and streamlines trip planning by offering a central group hub for organizing every piece of the process. Travelers can invite others to join their Trip itinerary, keeping communication, discovery, and booking in one place. With Steller’s library of more than 30 million pieces of user generated travel content, groups can share videos of activities, dining spots, attractions, add notes, and co-create custom itineraries. Flexible itinerary views—list, map, and video—give everyone a complete picture of the plan to share and edit with their travel companions.

“Collaborative trip planning has been a top request from our community.  When we launched Trips by Steller   last January, we knew it would resonate, but the response has far exceeded expectations. In a short time, over 50,000 users have planned and booked trips by incorporating their favorite user-generated travel videos into personalized itineraries. For our destination clients,  Trips by Steller has seamlessly connected travel influencer marketing to planning and commerce. Steller clients see more than 18% of viewers who engage with their influencer campaigns planning trips to their destination—a result that sets a high bar in the travel industry. Adding collaboration to the mix amplifies that impact, inspiring more people to explore, engage and transact together!” said Pete Bryant, CEO of Steller. 

How It Works  

Whether it’s a getaway for two or a large group adventure, collaboration makes organizing travel plans easy with an all-in-one solution. 

Build Your Itinerary Together: Group members can contribute by adding things to do, activities, and notes.Stay Organized: Add notes and structure by day, activity, or group to eliminate confusion.Flexible Views: View your itinerary as a detailed list, on a map, or through video for a fully customizable planning experience.Real-Time Updates: Keep track of changes, additions, and edits made by group members.On-the-Go Access: Everyone can access the itinerary on their phone.

Steller continues to lead the charge in innovative travel planning, ensuring that its platform evolves based on user feedback. Collaborative trip planning is the latest step in its mission to evolve travel. 

About Steller 

Steller, headquartered in Kirkland, Wash., is the market leading travel planning platform that guides travelers from inspiration to planning and booking through authentic experiences of their favorite creators. Steller’s patent pending platform distributes millions of pieces of bespoke, worldwide video content that can be found and booked on the Steller app. Learn more at www.steller.co  and  stellerforbusiness.com

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RAAPID Raises Series A from M12, Microsoft’s Venture Fund to Scale Next-Generation Healthcare Risk Adjustment

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Company reports 300% revenue growth in 2024 and advances partnerships with nation’s leading health systems

LOUISVILLE, Ky., Jan. 10, 2025 /PRNewswire/ — RAAPID, the industry-leading healthcare AI company, announced today a significant Series A investment from M12, Microsoft’s venture fund. This strategic funding positions RAAPID to expand its groundbreaking Neuro-symbolic AI platform that is reshaping healthcare risk adjustment.

RAAPID’s explosive growth – marked by a 300% revenue increase in 2024 – demonstrates the market’s strong validation of its advanced technology platform. The company has quickly established itself as a trusted partner for major health plans and provider., At the core of RAAPID’s success is its pioneering VisionAI technology, which tackles one of healthcare’s most pressing challenges: making sense of unstructured medical data. While over 70% of medical records exist as unstructured data when shared outside EHRs, RAAPID’s AI engine transforms this complex information into actionable insights, enabling unprecedented accuracy in risk capture and care gap identification.

“Our vision extends beyond traditional risk adjustment,” states Chetan Parikh, Founder and CEO of RAAPID. “We’re creating a future where AI augments healthcare professionals’ capabilities, leading to better patient outcomes and more accurate appropriate reimbursements. This investment from M12 accelerates our mission to transform healthcare through advanced AI.”

RAAPID’s purpose-built Risk Adjustment platform has achieved remarkable results:

Slashing chart review time by 60-80%Surpassing industry standards with 95%+ coding accuracyGenerating additional appropriate and compliant revenue per memberImproving risk capture accuracy by 25%

The HITRUST-certified platform stands out for its unique Neuro-symbolic AI approach, combining neural networks with an extensive medical knowledge graph containing over 4 million clinical entities and 50 million relationships. This sophisticated technology enables both retrospective analysis and prospective risk adjustment, helping organizations identify and address care gaps to positively impact patient health.

“Healthcare organizations are increasingly seeking innovative solutions to manage risk and improve care delivery in value-based arrangements,” said Todd Graham, Managing Partner at M12. “RAAPID’s AI-driven risk adjustment platform aligns perfectly with our investment strategy. Through M12, we are committed to providing our portfolio companies with access to Microsoft’s resources and expertise to drive significant impact in the healthcare sector.

Led by a team with over 25 years of healthcare technology expertise, RAAPID has collaborated with experts from the top 4 tech giants in developing its clinical AI solutions. RAAPID continues to push the safe boundaries of what’s possible in healthcare AI. The company’s selection as an M12 portfolio company validates its position as a leader in healthcare technology innovation.

As value-based care becomes increasingly important, RAAPID’s AI-powered solutions are becoming essential tools for healthcare organizations striving to improve timeliness and quality of care all patients expect. With this new funding, RAAPID is poised to further advance its technology and expand its positive impact on patients, providers and payers.

About RAAPID
RAAPID develops AI-powered solutions for healthcare payers, providers, and supporting organizations. The company’s cloud-based risk adjustment platform uses neuro-symbolic AI to identify chronic conditions, determine HCC codes, calculate risk scores, and analyze population health trends. RAAPID serves organizations that participate in Medicare Advantage, ACA, Medicare ACO, and Medicaid programs.

For more information about RAAPID’s AI-powered risk adjustment solutions, visit www.raapidinc.com

CONTACT:
Mayur Vyas
(502) 699-3044
388583@email4pr.com

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