Recreation Management Software Market Synopsis
The analysis conducted by the data experts of Market Research Future Reports indicates that the recreation management software industry 2022 is primarily influenced by the continuous innovation in technology. The growing awareness of healthcare centres among the young generation is estimated to act as an important factor in market growth. Besides, the growing demand for recreation events by I.T. firms is projected to be a significant cause of market growth during the forecast period. Moreover, the employers are also focusing on improving the work environment, encouraging personality development which drives the market significantly. Besides, the availability of the low-cost and user-friendly system to access the internet on smartphones and computer is likely to influence the market.
Recreation Management Software Market is Predicted to Reach US$ 2226.5 Million by 2027 Registering a CAGR of 12.2%.
However, the emerging countries like India and China lack appropriate I.T. infrastructure, which is estimated to impede the market growth. Moreover, the dearth of healthcare centres in MEA countries is likely further to hinder the market growth during the forecast period.
On the other hand, the expansion of the global recreation management software market is projected to be affected significantly due to the outbreak of COVID-19. The daily operations in various regions were put to a halt which immensely affected the manufacturing cycle of the product.
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Recreation Management Software Market Opportunities
The fact that the technologies and infrastructure that power, drive, and support recreation management software are always improving. This is motivating many companies in a variety of industries to use this software and these programs. Some of these industries include healthcare, academics, community centers, and sports training centers.
Recreation Management Software Market Key Players
The distinguished market competitors of the global recreation management software market are -
- Perfect Mind Inc. (U.S.),
- EZ facility Inc, (U.S.),
- Yardi System Inc,(U.S.),
- Active Network LLC, (U.S.),
- CivicPlus (U.S.),
- Legend Recreation Software Incorporation(U.S.),
- Jarvis Corporation (U.S.),
- EMS software LLC( U.S.),
- RECDESK LLC (U.K),
- MyREC.Com(U.S.)
- Dash Platform ( Australia)
Recreation Management Software Market Segmentation
The global recreation management software market can be segregated on the grounds of deployment, solution, organization, end-user, and region.
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By solution
The global recreation management software market can be categorized into the following based on a solution:
- Venue management solutions
- Registration solutions
- Ticketing solutions
- Event solutions
By deployment
The global recreation management software market can be categorized into the following based on deployment:
- Software as a service (SaaS)
- Platform as a service (PaaS)
By organization
The global recreation management software market can be categorized into the following based on organization:
- Small companies
- Medium-sized companies
- Large companies
By end-user
The global recreation management software market can be categorized into the following based on end-user:
- Healthcare
- Education and academics
- Sports training centers
- Community centers
- Municipal centers
- Government agencies
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Recreation Management Software Market Regional Analysis
A comprehensive evaluation of North America, Europe Asia Pacific and Rest of the World has been performed. As per the assessment, the global recreation management software market is projected to be reigned by North America. Among all nations in North America, The U.S. and Canada are estimated to make the most significant contribution in expanding the regional market. The increasing number of health care centres and the increasing concern towards health is projected to be the most significant factor of regional expansion. On the other hand, Asia-Pacific is speculated to grow at the fastest pace during the assessment period. Owing to the increased disposable income and the higher standard of living is projected to be the most substantial market drivers during the forecast period. The Europe region is likely to show substantial growth during the forecast period.
However, the market dynamics have changed due to the observation of lockdown owing to the outbreak of COVID-19. Several markets halted the daily operations to contain the spread of COVID-19. Therefore, the global recreation management software market is likely to experience a significant change.
Quadintel published a new report on the Plant Asset Management Market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
Global Plant Asset Management Market is valued at approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2022-2030.
Plant asset management is a software system that helps optimize operations and improve plant asset capabilities by providing information about asset conditions. The increasing focus on providing cloud-based pam solutions, escalating demand for asset management software, and growing adoption of lean manufacturing practices by several organizations are the major factors fueling the market demand across the globe.
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For instance, as per Statista, in 2019, the global fixed asset management software market is estimated to stand at USD 3 billion, and the market is projected to expand and is likely to reach 5.2 billion by 2024. Thereby, the thriving demand for asset management software is exhibiting a positive influence on the Plant Asset Management Market in the impending years. However, high initial investment is required and a dearth of skilled personnel impedes the growth of the market over the forecast period of 2022-2028. Also, growing investments in greenfield projects and the rising need for real-time data analytics are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Plant Asset Management Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growth of the manufacturing industry and increasing adoption of asset management software. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the rising government support for the Greenfield Projects, as well as the availability of cheap and skilled workforce, would create lucrative growth prospects for the Plant Asset Management Market across the Asia-Pacific region.
COVID-19 Impact Analysis
The pandemic of COVID-19 has also reduced the availability of and demand for non-COVID-19-related medical treatment. A wide range of treatments, including emergency care for acute diseases, routine check-ups, and recommended cancer screenings, are being postponed or avoided by patients. Undiagnosed illnesses and a failure to intervene early will have serious long-term health consequences. COVID-19 has accelerated a variety of existing and emerging healthcare trends, including changing consumer attitudes and habits, the convergence of life science and health care, rapid advances in digital health technologies, and new talent and care delivery models, to name a few.
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Major market players included in this report are:
Emerson
Honeywell
Rockwell Automation, Inc.
ABB
Schneider Electric SA
Yokogawa
General Electric Co.
Siemens
AB SKF
Endress+Hauser Management AG
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 eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Offering:
Software Solutions
Services
By Deployment Mode:
Cloud-based Deployment
On-premises Deployment
By Asset Type:
Production Assets
Automation Assets
By Industry:
Process Industries
Discrete Industries
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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
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Plant Asset Management Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Table of Contents:
- Market Overview
- Market Definition and Scope
- Market Dynamics
- Market Industry Analysis
- Market, Regional Analysis
- Analysis of Leading Companies
- Competitive Intelligence
- Research Process
- Market Analysis and Forecast, By Solutions
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