Market Overview
Business organizations are increasingly inclining towards recreation management software. Today, recreation is seen as an aspect which cannot be ignored as it plays an important role in moral boosting and improving the office environment.
The rising concern over employees’ physical and mental health owing rising stress levels is prompting employers to implementing innovative management approaches. Recreation management is used for developing frameworks for organizing, developing, and planning. Recreation management software allows companies to develop effective recreation programs which may prove beneficial individuals. Such management tools via PC terminal and mobile terminal facilitate events such as sport events, entertainment shows, etc.
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The market is benefiting from increased mobile penetration and growing broadband networks. Demand for recreation management software that are accessible through mobile terminal is expected to grow further in the years to come. Latest versions of recreation management software are capable of providing more dynamic experience. Developers are focusing on expanding the service range. Some of the popular services offered by recreation management software include management, ticket solution and registration solutions.
The rising importance of recreation across sectors such as healthcare sports training center, academic institutions and community center is favouring the market growth. Technological advancements have bolstered the prospect of recreation management software. However, product penetration has been relatively lower developing countries. In this regard, advanced countries in North America and Europe are the frontrunners. Meanwhile, fast growth economies in the APAC and the MEA are expected to present attractive market opportunities in the forthcoming years.
Global Recreation Management Software Market: Competition Analysis
EZ facility Inc, (U.S.), Active Network LLC, (U.S.), Legend Recreation Software Incorporation(U.S.), EMS software LLC( U.S.), Dash Platform ( Australia), Yardi System Inc,(U.S.), RECDESK LLC (U.K), Perfect Mind Inc. (U.S.), Jarvis Corporation (U.S.), Civicplus (U.S.) and MyREC.Com(U.S.) are some of the leading market participants mentioned in MRFR’s report.
Global Recreation Management Software Market: Segmental Analysis
MRFR’s study includes an in-depth segmental analysis of the market based on deployment, application, solution, organization size and end user.
On the basis of deployment, the market has been segmented into platform as a service (PaaS) and software as a service (SaaS). On the basis of application, the market has been segmented into mobile terminal and PC terminal. On the basis of solution, the market has been segmented into registrations solutions, event solutions, venue management solutions and ticketing solutions. By organization size, the market has been segmented into small and medium enterprises and large enterprises Based on end user, the market has been segmented into education & academic, community center, healthcare, sports training center, municipality center and government.
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Global Recreation Management Software Market: Regional Analysis
By region, the market has been segmented into Asia Pacific (APAC), Europe, North America, and rest of the world. North America is expected to make a healthy contribution to the global recreation management software market in terms of revenue. This is mainly owing to the presence of a robust healthcare system in the region. Moreover, higher level of awareness among Americans about heart disorders and obesity. The Europe recreation management software market is also expected to witness a healthy growth over the next several years. Fast uptake of innovative solutions makes the region an important destination for market players. Meanwhile, APAC is also expected to emerge as a fast-growing market for recreation management software. China and India are likely to play an important role in propelling the market in APAC. Macroeconomic factors such as rising disposable income, improving lifestyle, and growing middle class population are also likely to provide an impetus to the APAC market during the forecast period.
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