Overview and Scope
Membership management software is a specialized digital solution designed to streamline the administrative and communication activities of clubs, communities, associations, and organizations. It serves as a centralized platform for managing member registrations, profiles, content delivery, scheduling, payment handling, and community engagement.
Sizing and Forecast
The membership management software market size has grown rapidly in recent years. It will grow from $6.82 billion in 2023 to $7.63 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to a rise in demand for gym software, increased demand for streamlined gym management, digitization of gym operations, increased health consciousness, optimization of fitness center operations, and a growing number of mobile subscribers.
The membership management software market size is expected to see rapid growth in the next few years. It will grow to $12.04 billion in 2028 at a compound annual growth rate (CAGR) of 12.1%. The growth in the forecast period can be attributed to high penetration of the internet, rising demand for software platforms, growth in the number of fitness centers and health clubs, growing awareness related to membership management software, growing demand from non-profit organizations. Major trends in the forecast period include high penetration of the internet, rising demand for software platforms, growth in the number of fitness centers and health clubs, growing awareness related to membership management software, and growing demand from non-profit organizations.
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Segmentation & Regional Insights
The membership management software market covered in this report is segmented –
1) By Type: On-Premise, Cloud-Based
2) By Application: Organizing And Selling Ticket, Publishing And Delivering Textual Or Audiovisual Content, Providing Advertising Opportunities, Facilitating Interaction, Collaborative File Sharing, Tracking Members Interest, Rising Supplementary Income From Donation
3) By End User: Large Enterprise, Small And Medium Enterprises (SMEs)
North America was the largest region in the membership management software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the membership management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing fitness centers and health clubs are expected to propel the growth of the membership management software market going forward. Fitness centers and health clubs offer various services and amenities related to physical fitness and overall wellness. The combination of shifting attitudes towards health, urban lifestyles, social dynamics, and corporate initiatives contributes to the ongoing growth and expansion of fitness centers and health clubs. Membership management software enables fitness centers to expedite the registration of new members by providing online registration portals or self-service kiosks, simplifying the sign-up process, inputting personal details, and completing paperwork to lessen administrative tasks and decrease wait times. For instance, in September 2023, according to a report published by the International Health, Racquet, and Sportsclub Association (IHRSA), a US-based health and fitness association, approximately 80% of health and fitness industry leaders anticipate that membership and revenue will increase by over 5% in 2023 compared to 2022. Therefore, the growing fitness centers and health clubs are driving the growth of the membership management software market.
Key Industry Players
Major companies operating in the membership management software market are Stripe Inc., Active Network LLC , Mailchimp, Zapier Inc., Daxko LLC, ACS Technologies , GrowthZone Inc., YourMembership.com Inc., EventBank Corp, Wild Apricot Inc. , Zen Planner LLC , MemberClicks Inc., Member Planet LLC, Perfect Gym Solutions Pty Ltd., NationBuilder, Wodify Technologies LLC, Star Chapter LLC , Regpack Inc., Softwood Technology Inc., VeryConnect Ltd., DonorView , Reservio , WordPress, Club Express , Member365
The membership management software market report table of contents includes:
1. Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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