Regardless of a company’s size or income, the most recent research report from Quadintel offers a thorough analysis of the global On-demand Wellness Software Market for the years 2023–2030.
The global market report provides statistics and information on the evolution of the investment structure, technological advancements, industry trends and developments, market players’ capabilities, and in-depth details on the major market players. The analysis also includes a summary of the global market strategies that have been implemented in light of the industry’s present and future conditions.
An overview of the On-demand Wellness Software Market, the current state of the industry, market trends, significant market participants, product type, application, and geography are provided at the beginning of the study. It also covers how COVID-19 has affected market participants, end-user industries, future predictions, growth potential, and worldwide market trends.
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Market Overview:
Global On-demand Wellness Software Market is valued at approximately USD 394.6 million in 2021 and is anticipated to grow with a healthy growth rate of more than 8.6% over the forecast period 2022-2029.
On-demand wellness software presents a marketplace for users to book wellness services from independent contractors who travel to customers. Services are completed by independent contractors or by in-house providers who work exclusively for the platform. The flourishing growth of the wellness industry, surging demand for sustainable wellness products and services, coupled with increasing disposable income are the primary factors that are fostering the global market demand.
According to Statista, in 2019, the wellness market was estimated to be worth around USD 4.91 billion, which is projected to grow and is anticipated to reach USD 6.99 billion by 2025. Therefore, the thriving growth of the wellness industry is exhibiting a positive influence on the On-demand Wellness Software Market, which is excelling the market growth across the globe. In addition, the emergence of various novel technologies, as well as the rising focus on a healthier lifestyle are the leading opportunities for market growth over the forecasting years. However, privacy concerns and a lack of awareness of the availability of On-demand Wellness Software is hampering the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global On-demand Wellness Software Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the space in terms of revenue, owing to the surging demand for online wellness services, increasing health concerns, and increasing investment in technological advancements. Whereas, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising awareness about wellness, increasing wellness tourism, as well as growing proliferation of digital booking platforms.
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Major market players included in this report are:
- Booksy
- Soothe, Inc.
- Urbanclap Technologies India Pvt. Ltd.
- STYLEBEE (ASCN, Inc.)
- Priv
- Glamsquad
- Zeel Networks, Inc.
- Urban Massage Ltd.
- FitnessOnDemand
- Mindbody, Inc.
Recent Developments in the Market:
In January 2020, from the customer service institute of America Soothe- a wellness service provider received the 2019 international excellence award in the small business category. The award was recognized for excellence in businesses with less than 100 employees.
In August 2021, Urban Company (Urban Clap), declared that the company is looking for around 10,000-15,000 service personnel as it prepared for strengthening to 50 locations in India during 2022. Also, the company announced its plans to add some new services to its portfolio.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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The detailed segments and sub-segment of the market are explained below:
By Type:
Cloud-based
Web-based
By Application:
Large Enterprises
Small & Medium Enterprises
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the market opportunities, market risk, and market overview of this industry?
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