Recreation Management Software Market is Segmented Product Outlook (Revenue, USD Million, 2020 - 2027) Venue Management, Registrations & Membership Management, Ticketing and Event Management and Others. Application Outlook (Revenue, USD Million, 2020 - 2027) Recreation Departments, Healthcare & Wellness, Education & Academics, Sports Training Center and Others
Recreation Management Software Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
The growing trend of improving the health and wellbeing of the communities has led to the tremendous demand for recreation centres. Used at such places are recreation management software which aid in the efficient management, automation of administrative operations, capturing data, which in turn help in adoption of data-driven business strategies, and cut down the cost of operations. Administrative jobs include program registration, facility reservations, memberships, league scheduling, payment processing, ticketing, managing instructors, engaging users, marketing, and presenting customized reporting. Such a vast range of clerical tasks provide for greater opportunities in fueling the demand for the product market.
Hectic lifestyle and work schedules of working professionals lead to increased health issues such as lower mental health, obesity, and heart issues. Thus, employers are placing increasing importance on improving the health and well-being of employees placing a particular emphasis on recreational facilities as an essential aspect for efficiency, and productivity. Addition of advanced analytical services by recreation management software aids corporates in analyzing and maintaining the large volume of client data collected like age, medical information, food preferences, and preferred activities to create a portfolio of its users and provide better services and enhance user experience.
Recreation management software entails event solutions into small & medium enterprises (SMEs) and large enterprises in healthcare, education, sports training centres, community centres and government departments. Assignments handled by recreation management software can be further divided into bulk registrations, processing of numerous payment channels, invoicing, class assignment, class management, participant communications, rentals, advance booking, scheduled activities, recurring bookings, authentication, access control information retrieval, referral programs, customizable landing pages and email. Such a vast range of activities tackled by the product not only reduces time constraints but also reduce the probability of human error.
Further, with the onset of COVID-19, disruption in the availability of skilled workers, logistics and distribution are going to negatively impact the demand-supply gap to a great extent. However, key players operating in the market are investing heavily in research and development activities to bring forth newer advancements in the recreation management system.
Recreation Management Software Market Growth and Trends
The efficacy of recreation management software to manage or automate administrative operations, capturing data insights which help in implementing data-driven business strategies, and reduce cost of operations are key factors that propel the demand for such software, ensuring a thriving market. Increasing focus on improving and maintaining the health and well-being of working professionals by providing them with recreational facilities is anticipated to foster growth of the recreation management software market in the coming years. Promoting a working environment with healthy practices by encouraging personal skills and professional development, corporate enterprises are increasingly turning to recreational facilities which positively impacts productivity of its employees. These recreational facilities require management software to manage the influx of users efficiently, which in turn would bolster the recreation management software market growth in the near future. Moreover, with advanced analytical potential of the software, large volumes of client data gathered by the software can be used, such as medical information, age, food preferences, and preferred activities to create a complete user profile for all users, thus ensuring better services for their clients’ well-being. Other segments such as healthcare, education, sports training centers, community centers, and government facilities are also resorting to recreation management software. For instance, in the healthcare segment where cancer patients are treated, there are a variety of recreational activities that they are engaged in for countering depression triggered by chemotherapy. In the education sector, children are kept healthy and active through recreational activities. Similarly, sports academies have shown increased use of recreational management systems. These are prominent factors driving the market growth in different segments for such software.
Installation of this software involves a high cost, and their adoption depends on the amount of investment made by organizations, a possible limiting factor in the growth of the recreational management software market.
Recreation Management Software Market Competition
Key companies operating in this industry are PerfectMind, EZFacility, Yardi System, Active Network, Civicplus, Legend Recreation Software, Jarvis Corporation, Daxko, RecDesk, MyRec, Dash Platform, Vermont Systems and InnoSoft Fusion.
• Recreation Management Software Market Revenue Estimation and Forecast (2020 – 2027)
• Production Estimation and Forecast (2020 – 2027)
• Sales/Consumption Volume Estimation and Forecast (2020 – 2027)
• Breakdown of Revenue by Segments (2020 – 2027)
• Breakdown of Production by Segments (2020 – 2027)
• Breakdown of Sales Volume by Segments (2020 – 2027)
• Gross Margin and Profitability Analysis of Companies
• Business Trend and Expansion Analysis
• Import and Export Analysis
Recreation Management Software Market Segmentation
Product Outlook (Revenue, USD Million, 2020 - 2027)
• Venue Management
• Registrations & Membership Management
• Ticketing and Event Management
Application Outlook (Revenue, USD Million, 2020 - 2027)
• Recreation Departments
• Healthcare & Wellness
• Education & Academics
• Sports Training Center
Country (Revenue, USD Million, 2020 - 2027)
• United States
• South Korea
• Rest of Asia Pacific
• Rest of Europe
• Rest of South America
Middle East and Africa
• Saudi Arabia
Recreation Management Software Market Companies
• Yardi System
• Active Network
• Legend Recreation Software
• Jarvis Corporation
• Dash Platform
• Vermont Systems
• InnoSoft Fusion
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