Global indoor cycling software market stood at US$ 13.72 Mn in 2020 and is expected to grow at a CAGR of 8.9% during the forecast period (2021 – 2029). This growth can be attributed to growing concerns regarding fitness among individuals along with increasing traffic & pollution, which is limiting the number of cyclists on road. In developing countries, continuous advancements and innovations in indoor cycling smart bikes is leading indoor cycling software vendors towards continuous upgradations in their offerings that are compatible with smart bikes. For instance, in 2019, Wahoo Fitness, a fitness technology company introduced the Kickr bike, a smart bike that is built on leading indoor cycling training ecosystems. Such advancements are pushing vendors to offer indoor cycling software updates for Wahoo’s current generation Kickr and Kickr Core trainers with an aim to allow multiple bluetooth connections along with integrated cadence reporting directly available from the trainer. Furthermore, key market participants are shifting towards developing their own hardware to offer an integrated smart bike for indoor cyclists. For instance, in 2019, Zwift Inc, an indoor cycling software company developed a fitness technology division that involved integration of the company’s existing indoor cycling software with newly introduced smart bikes or trainers. Such initiatives taken by market participants is contributing in the growth of indoor cycling software market. 

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Advancements in indoor cycling software offerings has led vendors to develop cycle specific software program to transform the indoor cycling community. For instance, iQniter launched BiQing, an indoor cycling specific software program that offers seamless integration of pre-designed, effort-based classes, with a customized screen display, especially designed for group cycling. Vendors are heavily investing so that they can offer solutions that are compatible with the modern indoor cycling hardware and can be synchronized with a speed sensor, smart trainer or power meter as well as deliver customized workouts and training plans. Furthermore, use of indoor cycling as medication is another factor boosting the implementation of technologically advanced solutions in indoor cycling software. On the basis of application, health & fitness is expected to hold the largest market share in the indoor cycling software market owing to increasing partnerships among professional cycling teams with these software vendors. For instance, in 2019, Team Novo Nordisk, a diabetes professional cycling team partnered with Kinomap, an end-to-end platform provider for creating, hosting, sharing and using motion videos for user-generated videos. With this partnership, the company enhanced its offerings, especially to cater to the requirements of Team Novo Nordisk. Such factors are contributing in the growth of global indoor cycling software market.

Indoor cycling software market is expected to gain momentum in North America, followed by Europe and Asia Pacific region. This growth is attributed to increasing efforts taken by key market participants on developing and introducing new, previously unexplored formulas and applications. In addition, these participants are involved in launching new and advanced solutions by constantly collaborating with other prominent players to strengthen their portfolio as well as market position. For instance, in 2019, Bkool partnered with Movistar to introduce new series of virtual race for indoor cycling. Strategic alliances among prominent market players providing indoor cycling software is another factor through which these players are strengthening their regional presence. For instance, Wahoo, a connected fitness device provider partnered with The Sufferfest to develop new concepts and training solutions for indoor cyclists. Thus, these factors are currently driving the growth of indoor cycling software market across the globe.

The report provides both, qualitative and quantitative research of indoor cycling software market, as well as provides comprehensive insights and development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and details on the competitiveness of these players. Key business strategies such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts adopted by these major market participants are also recognized and analyzed in the report. For each company, the report studies their global presence, competitors, service offerings and specification amongst others.

Some of the players operating in the Indoor Cycling Software market Bkool, BODY BIKE, FulGaz, KINOMAP, Spivi, Tacx International B.V., The Sufferfest, TrainerRoad, LLC., Virtu Cycling Group, VirtualTraining s.r.o, and Zwift Inc amongst others.

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Indoor Cycling Software Market:

  • By Session Type
    • Group
    • Solo
  • By Applications
    • Professional Training
    • Health & Fitness
  • By App Types
    • Paid Apps
    • Free Apps
  • By Region
    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • Latin America

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