Europe Indoor Cycling Software Market is expected to reach US$ 123.24 million by 2028

Surging Adoption of Indoor Cycling Equipment Amid COVID-19 Fuels Europe Indoor Cycling Software Market Growth

According to the latest market study on “Europe Indoor Cycling Software Market Forecast to 2028 – COVID-19 Impact and Analysis – by Session Type, Application, and Subscription,” the market is projected to reach US$ 123.24 million by 2028 from US$ 66.75 million in 2021; it is expected to grow at a CAGR of 9.2% from 2021 to 2028.

Indoor cycling is a convenient and effective technique to exercise and train at home or gyms and fitness facilities. People are placing a great emphasis on health and fitness due to various issues such as sedentary lifestyles, poor eating habits, high pollution levels, and an increase in the number of lifestyle diseases. Furthermore, global health issues have been exacerbated by the COVID-19 epidemic. As a result of these considerations, the popularity of indoor workout equipment, such as indoor bikes, has skyrocketed. Individuals, athletes, fitness studios, gyms, and other end-users are increasing their need for indoor bikes, trainers, and other associated equipment, which drives the growth of the Europe indoor cycling software market.

The Europe indoor cycling software market is segmented on the basis of session type, application, and subscription. Based on session type, the Europe indoor cycling software market is bifurcated into solo and group. Based on application, the Europe indoor cycling software market is bifurcated into professional training, and health and fitness. By subscription, the Europe indoor cycling software market is bifurcated into monthly subscription and annual subscription.

BKOOL, S.L.; Body Bike International A/S; Garmin Ltd.; Kinomap; Wahoo Fitness; Strava, Inc.; SpiviTech Ltd.; VirtualTraining s.r.o.; Stages Indoor Cycling LLC; and Zwift Inc. are among the key companies profiled in the Europe indoor cycling software market. Several other players are also operating in the market, contributing significant revenue shares year-on-year.