Recreation Management Software Market Size, Share, Growth and Industry Analysis by Type (Venue Management, Registrations & Membership Management, Ticketing And Event Management, And, Others) By Application (Community Parks, Recreation Departments, Healthcare & Wellness, Education & Academics, Sports Training Centre, Others) Regional Forecast to 2028

Updated On: 13 March 2023

REPORT OVERVIEW

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The global recreation management software market size is anticipated to be worth USD 1246.5 million in 2021. The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. As per our research, the market is expected to generate substantial revenue by 2028, exhibiting a CAGR of 12.3% during the forecast period. The sudden spike in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Recreation management software are platforms that help in organizing streamline operations, build community. Apart from this they also help in maximizing revenue. The main function of this software is to centralize all the programs of a community. These softwares are in high demand as they provide convenience in efficiently organizing everything.

Many new discoveries have been introduced in the market. Advanced technologies like Artificial intelligence, Machine Learning and cloud-based solutions are gaining importance. Recreation softwares can also have cloud-based solutions. This is considered as the latest trend in the market.

Easy-to-use programs can be designed using these softwares. Straightforward facility management is also a part of this software. We can access all the information very easily. All of these factors have assisted in the tremendous growth of the recreation management software market share.

COVID-19 impact: Tremendous Growth of Technology Sector During Pandemic Increased Market Growth

The pandemic of COVID-19 was one of the biggest health crisis that the world had to face. Many problems arose during this period of time. Lockdowns, travel bans, social distancing norms caused many difficulties like scarcity of raw materials, unavailability of skilled workforce, and disruption of logistics.

On the other hand, some sectors like the technology industry experienced tremendous growth during the pandemic period. With the help of technology several softwares were developed. Increased usage of electronic devices also propelled the growth of the recreation management software market during the pandemic time.

LATEST TRENDS

"Rising Demand for Cloud Based Solutions to Increase Market Growth"

With the constant evolution of technology many powerful tools like Artificial Intelligence (AI). Machine Learning (ML), and cloud-based computing have emerged. Likewise, cloud-based solutions are gaining popularity and demand due to the convenience provided by them.

Some of the recreation management softwares are cloud-based. Along with this another trend that is being witnessed in the market is, the rising adoption of mobile devices, and, apps for the reason of recreation and enjoyment. These developments are propelling the market growth.

SEGMENTATION

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• By Type:

The market can be divided on the basis of type into the following segments:

Venue management, registrations & membership management, ticketing and event management, and, others. The Venue management segment is anticipated to dominate the market during the forecast period.

• By platform:

Classification based on platform into the following segment:

Community parks, recreation departments, healthcare & wellness, education & academics, sports training center, others. The community park segment is predicted to dominate the market during the research period.

DRIVING FACTORS

"Straightforward Facility Management Provided by These Softwares to Accelerate Market Growth"

One of the main purpose served by recreation management softwares is to simply all the complicated task and recreation activities that a community demands. They facilitate in designing a single easy-to-use programs that can serve all the needs of a community. When these softwares are incorporated they decrease the load of back-office works, and, increase the income earned.

Along with all the above-mentioned facilities straightforward facility management is also provided by these softwares. These are implemented in recreational activities, parks, and other places. This also reduces the burden on staff and citizens.  Complications in billing as well as memberships can also be eliminated with minimal effort. All of these factors have accelerated the market development.

"Inclusion of All Activities in This Software to Propel Market Growth "

Recreation management softwares can encompass several activities into one. They can handle numerous tasks, all at once with high efficiency. Organizations can become successful with the installation of these services as they help in performing easy program registrations. Apart from this they also assist in collecting intelligent data insights.

Recreation softwares will give you access to everything with just a click. With the use of a tablet or a smartphone, all the information that is required can be gained. Everything can be done online. All of the facilities can be booked on internet. Communication with the community can also be carried out effectively. All of these factors have fostered the market development.

RESTRAINING FACTOR

"Risk of Backing Up Data to Decrease Market Growth"

Recreation management softwares work on the information which is fed to them. Even though they increase the convenience of performing all the activities of a community, having a back up is very essential. Without a proper back-up all the information can be lost. This can become a major threat to the market.

Another problem of using such softwares is the breach of private and personal information of the community users. Cyber attacks have become a very common phenomenon in today’s world. Leak of confidential information can cause several problems. Installation of these services can be very costly. All of this can lead to the decline of the market. 

Regional Insights

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"North America to Dominate Market in Upcoming Years"

North America has taken the credit of occupying the largest share in the recreation software market. It occupies almost half of the market share. Some of the favorable factors that have enabled market growth in this region is growing need for streamlining management operations and a software that can assist in boosting revenue.  

The number of software companies in these regions have increased drastically. These softwares help in improving efficiency and consistency. They provide real time valuable access to information. They also help in enhancing brand perception and reputation. All of these factors have helped in the growth of the market in North America.  

Key Industry Players

"Leading Players adopt Acquisition Strategies to Stay Competitive "

Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.

List of Market Players Profiled

• Perfect Mind (Canada)
• EZ Facility (U.S.)
• Yardi System (U.S.)
• Active Network (U.S.)
• Civicplus (U.S.)
• Legend Recreation Software (Canada)
• Jarvis Corporation (China)
• Daxko (U.S.)
• RecDesk (U.S.)
• MyRec (U.S.)
• Dash Platform (U.S.)
• Vermont Systems (U.S.)
• InnoSoft Fusion (U.S.)

Report Coverage

The report provides an insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations. Key industry players have also been listed.