The membership management software global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Membership Management Software Market, 2024report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size – The membership management software market size has grown rapidly in recent years. It will grow from $6.82 billion in 2023 to $7.63 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to a rise in demand for gym software, increased demand for streamlined gym management, digitization of gym operations, increased health consciousness, optimization of fitness center operations, and a growing number of mobile subscribers.
The membership management software market size is expected to see rapid growth in the next few years. It will grow to $12.04 billion in 2028 at a compound annual growth rate (CAGR) of 12.1%. The growth in the forecast period can be attributed to high penetration of the internet, rising demand for software platforms, growth in the number of fitness centers and health clubs, growing awareness related to membership management software, growing demand from non-profit organizations. Major trends in the forecast period include high penetration of the internet, rising demand for software platforms, growth in the number of fitness centers and health clubs, growing awareness related to membership management software, and growing demand from non-profit organizations.
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Scope Of Membership Management Software MarketThe Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Membership Management Software Market Overview
Market Drivers -The growing fitness centers and health clubs are expected to propel the growth of the membership management software market going forward. Fitness centers and health clubs offer various services and amenities related to physical fitness and overall wellness. The combination of shifting attitudes towards health, urban lifestyles, social dynamics, and corporate initiatives contributes to the ongoing growth and expansion of fitness centers and health clubs. Membership management software enables fitness centers to expedite the registration of new members by providing online registration portals or self-service kiosks, simplifying the sign-up process, inputting personal details, and completing paperwork to lessen administrative tasks and decrease wait times. For instance, in September 2023, according to a report published by the International Health, Racquet, and Sportsclub Association (IHRSA), a US-based health and fitness association, approximately 80% of health and fitness industry leaders anticipate that membership and revenue will increase by over 5% in 2023 compared to 2022. Therefore, the growing fitness centers and health clubs are driving the growth of the membership management software market.
Market Trends – Major companies operating in the membership management software market are centralizing personalization and member engagement through collaboration tools such as multi-program management systems, to enhance member experiences and improve overall satisfaction and retention rates. A multi-program management system facilitates the management of multiple membership initiatives, such as programs, subscription plans, tiered memberships, and promotional campaigns, all within a single integrated platform. For instance, in April 2022, TeamSnap, a US-based provider of membership management software, launched an all-in-one multi-program management system for youth sports organizations. The unique feature of the multi-program management system is that it enables clubs and leagues to seamlessly register players and utilize advanced scheduling and team management tools. This enhanced platform encompasses functionalities for member management, registration, payments, and integration with mobile apps and websites. It simplifies the initiation of new seasons or club offerings without the need to start from scratch while also facilitating the management of multiple players from the same family. Furthermore, the system offers customization options tailored to the organization’s requirements, including support for various bank accounts.
The membership management software market covered in this report is segmented –
1) By Type: On-Premise, Cloud-Based
2) By Application: Organizing And Selling Ticket, Publishing And Delivering Textual Or Audiovisual Content, Providing Advertising Opportunities, Facilitating Interaction, Collaborative File Sharing, Tracking Members Interest, Rising Supplementary Income From Donation
3) By End User: Large Enterprise, Small And Medium Enterprises (SMEs)
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Regional Insights – North America was the largest region in the membership management software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the membership management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies – Major companies operating in the membership management software market are Stripe Inc., Active Network LLC , Mailchimp, Zapier Inc., Daxko LLC, ACS Technologies , GrowthZone Inc., YourMembership.com Inc., EventBank Corp, Wild Apricot Inc. , Zen Planner LLC , MemberClicks Inc., Member Planet LLC, Perfect Gym Solutions Pty Ltd., NationBuilder, Wodify Technologies LLC, Star Chapter LLC , Regpack Inc., Softwood Technology Inc., VeryConnect Ltd., DonorView , Reservio , WordPress, Club Express , Member365
Table of Contents
1. Executive Summary
2. Membership Management Software Market Characteristics
3. Membership Management Software Market Trends And Strategies
4. Membership Management Software Market – Macro Economic Scenario
5. Global Membership Management Software Market Size and Growth
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32. Global Membership Management Software Market Competitive Benchmarking
33. Global Membership Management Software Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Membership Management Software Market
35. Membership Management Software Market Future Outlook and Potential Analysis
36. Appendix
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