On-demand Wellness Software Market
On-demand Wellness Software Market Size, Share, Growth, Trends Analysis, By Type (Cloud-based, Web-based), By Application (Large Enterprises, Small & Medium Enterprises), & By Region – Global Market Insights 2022–2032
Analysis of On-demand Wellness Software Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
On-demand Wellness Software Market Outlook
The on-demand wellness software market is currently worth USD 425.14 Mn. The market for on-demand wellness software is anticipated to register USD 952.42 Mn by 2032, registering at a CAGR of 8.4% over the forecast period. Due to the rising demand for at-home wellness and beauty services as well as the influence of social media, the market is constantly growing.
To sustain a competitive advantage within the on-demand wellness software market, vendors are transitioning to a digital channel and offering customized services to their customers. During the COVID-19 pandemic, on-demand applications have become absolutely essential, and this sector went on to develop a substantial shift.
Due to advances in digital technology, wellness companies nowadays can provide their customers with online consultations. Many wellness businesses offered discounted access to their offerings in response to the economic downturn. This is accelerating on-demand wellness software industry adoption trends.
Report Attributes | Details |
---|---|
Current Valuation of Market | USD 425.14 Mn |
Projected Market Value (2032) | USD 952.42 Mn |
Global Market Growth Rate | 8.4% |
Web Based Market Share | 50.0% |
US Market Share | 45.0% |
SMEs Market Share | 60.0% |
Asia Pacific Market Growth Rate | 10.0% |
Key Companies Profiled | Booksy; Soothe Inc.; Urbanclap Technologies India Pvt. Ltd.; STYLEBEE (ASCN, Inc.); Priv; Glamsquad; Zeel Networks, Inc.; Urban Massage Ltd. |
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Beauty Blending in with Technology Creates a New Era
The demand for on-demand wellness software has grown significantly in recent years as a result of increased digital engagement and growing beauty and wellness trends. Due to technological innovations that have contributed to market penetration, the on-demand wellness software industry has become increasingly appealing to investors.
The on-demand wellness software market is being driven by the increased adoption of environmentally friendly and organic products, as well as increased demand for sustainable wellness products and services. With technological advancements, online booking systems, online makeup applications, self-check-ins, and digital payment services, the at-home self-care trend is rapidly expanding.
A significant factor driving the market growth for on-demand wellness software is the growing preference for wellness services that can be performed in the comfort of a user's home or any other preferred location. It enables wellness professionals to market and sells their services in an online marketplace.
“Corporate Wellness Platforms Are Becoming More Popular”
Companies all over the world are starting to understand how important employee wellness is. One important aspect is the many advantages that this transition offers. Businesses can expect to maximize their efficiency with a healthy workforce, which will enable them to thrive in today's competitive business environment.
Owing to this, having a workplace wellness platform is useful. Previously, employees could only receive health examinations or insurance coverage as part of the company's health care initiative. However, the main focus presently is on a mobile-first culture.
“Changes in Consumer Behaviour to Influence the Market Positively”
Stay-at-home and social isolation orders have undoubtedly changed consumer behaviors, priorities, and shopping habits. People are increasingly reliant on Omni channels and novel online shopping experiences.
More emphasis has been placed on value-based shopping, accessibility, and availability. Along with where to shop, the quality of the products and the reason for purchasing are factors that influence consumer choice ramping up the on-demand wellness software market trends.
Skill Gap Haunts the Revenue of Key Players
A lack of necessary knowledge and skills in the development team can make the creation of on-demand services apps sufficiently complicated. Poor planning and execution will disrupt the project's workflow and consume a significant portion of the budget without achieving the desired results. While continuing to use technologies that do not meet the current demand for on-demand wellness software and will set users back.
Working with a reputable software engineering vendor with adequate knowledge, a background in the required technologies, and a successful track record is one solution. This may help in stopping the damage that can be caused to the on-demand wellness software market.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Segmentation Insights
Insights into Type
The web-based segment had the highest revenue share of more than 50.0%. Due to the reduced deployment burden on individual customers, web-based software is commonly preferred among large-enterprise systems which results in the escalation of the market trends.
During the forecast period, the cloud-based segment is expected to register at a CAGR of 9.9%. Advanced features of cloud-based apps include access to a broader range of programs, such as application storage, development tools, and on-demand computing cycles. Cloud applications can run entirely or partially offline, which is advantageous for platforms with slow internet connections. This in turn enhances the on-demand wellness software market adoption trends.
Insights into Application
The small and medium enterprises segment dominated the market for on-demand wellness software, accounting for more than 60.0% of total revenue, and is also expected to grow at the fastest rate during the forecast period.
On-demand software platforms enable SMEs to make critical business decisions faster, operate more efficiently, and maintain a competitive advantage. Small and medium-sized businesses contribute significantly to healthy economic growth and market development worldwide.
SMEs are more adaptable than larger enterprises, with the ability to differentiate and customize their products as well as respond quickly to changing market conditions. This boosts the on-demand wellness software industry adoption trends. However, because they are typically owned privately by a single person or a small group of people and have fewer employees, SMEs are frequently disproportionately affected by trade barriers.
Regional Perspectives
North America
How Prosperous is the On-Demand Wellness Software Market in the United States?
Due to technological advancements and rising demand for on-demand wellness software, the United States dominated the market for on-demand wellness software, accounting for a revenue share of more than 45.0%. Stress, sedentary lifestyles, insufficient time for social and community activities, and other poor lifestyle choices are some of the critical risk factors responsible for rising chronic illnesses. These significant factors are driving up demand for on-demand wellness software.
Asia Pacific
Asia Pacific is expected to have the fastest CAGR of 10.0% over the forecast period. In terms of technological advancements, Japan, China, and India are major contributors to this region.
Why is China a Big Opportunity?
China dominated the Asia Pacific market by Country, with a market value of $41.3 Mn by 2028. The Asia Pacific region has the most spas and wellness centers, owing to the rapid growth of wellness tourism.
What Sustains Japanese Customers to Use On-Demand Wellness Software?
During the forecast period, the Japan market will grow at a CAGR of 8.1%. Employee satisfaction and productivity can be increased by using on-demand wellness software.
How Does India Present a Significant Opportunity?
During the forecast period, the Indian market would grow at a CAGR of 9.4%. Rapidly evolving economies, increased wellness awareness, growth in wellness tourism, and increased adoption of digital booking platforms are key factors driving market growth in India.
Europe
During the forecast period, the Europe market would register at a CAGR of 8.0%.
Why is Germany a lucrative market?
Germany dominated the Europe on-demand wellness software industry with a market value of $43.9 Mn projected by 2028. The demand for wellness software has increased significantly in recent years as a result of rising digital engagement and expanding wellness and beauty trends. A healthier lifestyle is something that consumers are increasingly looking forward to.
What Draws UK Consumers to On-demand Wellness Software?
The UK on-demand wellness software market is expected to grow at a CAGR of 7.1% during the forecast period. The wellness industry is becoming increasingly appealing to investors as a result of technological innovations that are increasing market penetration.
The market is becoming increasingly appealing to investors as a result of technological innovations that are increasing market penetration.
How is France a Major Opportunity?
During the forecast period, the France market for on-demand wellness software would grow at a CAGR of 8.8%. Rising demand for environmentally friendly wellness products and services, as well as increased adoption of eco-friendly and organic products, is driving the on-demand wellness software market.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Comparative View of Adjacent On-demand Wellness Software Industry
On-demand Wellness Software Market :
Attributes | On-demand Wellness Software Market |
---|---|
CAGR (2022 to 2032) | 8.4% |
Market Value (2027) | USD 636.33 Mn |
Growth Factor | Due to increased digital engagement and growing trends in beauty and wellness, the demand for on-demand wellness software market has grown significantly in recent years. |
Opportunity | The on-demand wellness software market is being stimulated by the increasing adoption of environmentally friendly and organic products, as well as the elevated demand for sustainable wellness products and services. |
Key Trends | Consumers are becoming more interested in living a healthier lifestyle. Due to the technological innovations that have contributed to market penetration, the on-demand wellness software market has become increasingly appealing to investors. |
Wellness Tourism Market :
Attributes | Wellness Tourism Market |
---|---|
CAGR (2022 to 2032) | 9.93% |
Market Value (2027) | USD 795.93 Bn |
Growth Factor | The desires to reduce stress and prevent diseases, as well as the desire for a healthy lifestyle, are the primary factors driving the demand for wellness tourism. |
Opportunity | The growing number of tourists around the world has increased the demand for various well-being services. Furthermore, increased tourism spending is expected to have a positive impact on the wellness tourism market. |
Key Trends | Interacting with locals of the destination who have traveled to and experienced different cultures promotes personal well-being, which is driving the wellness tourism market. |
Online On-demand Home Services Market :
Attributes | Online On-demand Home Services Market |
---|---|
CAGR (2022 to 2032) | 16.7% |
Market Value (2027) | USD 9.37 Bn |
Growth Factor | The increasing number of advertising and marketing campaigns is trend that will help the online on-demand home services market growth. |
Opportunity | Rising internet penetration and the evolution of technologically advanced apps to deliver timely services have been key factors driving market demand for online on-demand home services. |
Key Trends | During the forecast period, retailers' emphasis on casting new advertisement campaigns is expected to drive online on-demand home services market growth. |
Competitive Landscape
The major players in on-demand wellness software market are concentrating on expanding their portfolios by upgrading their services. To strengthen their position in the market, these organizations are implementing strategies such as mergers and acquisitions, partnerships, new service launches, and joint ventures.
Recent Development :
Date | Company Name | Strategy | Details |
---|---|---|---|
April 2020 | Samsung Electronics | Launch | Samsung Electronics announced in April 2020 that six new health and wellness applications would be available on Samsung Smart TVs worldwide. Fitness brands such as barre3, Jillian Michaels Fitness, Fitplan, Calm, Echelon, and obé Fitness helped shape these apps. These apps are part of Samsung Health, a fitness platform for Samsung Smart TVs. |
January 2020 | Soothe | Awards | Soothe, a wellness service provider, received the Customer Service Institute of America's 2019 International Excellence Award in the small business category in January 2020. The award was given for outstanding performance in businesses with fewer than 100 employees. |
August 2021 | Urban Company | Expansion | Urban Company, formerly known as Urban Clap, announced in August 2021 that it is looking for 10,000-15,000 service personnel as it prepares to expand to 50 locations across India in 2022. The company also revealed plans to expand its service portfolio. |
July 2022 | Soothe | Product Launch | Soothe Inc. released user-friendly app updates in July 2022, as well as an easier navigation option. With the new update, section users can easily manage and edit their profiles. The app now displays the user's frequently used service updates and information, and the user can contact the help centers directly for further assistance. The area from which the user wishes to opt out of the services can be easily selected by drawing it out on the map. |
June 2022 | Booksy | Product Launch | Booksy launched the new add-ons feature in June 2022, allowing service providers to display their additional menu options, adding value to end customers and assisting service providers in upselling their services. These new add-on features also enable the service provider to add new services such as nail art, wellness product tips, displaying premium products, and so on. |
Segmentation of On-demand Wellness Software Industry Research
-
By Type :
- Cloud-based
- Web-based
-
By Application :
- Large Enterprises
- Small & Medium Enterprises
-
By Region :
- North America
- Latin America
- Asia Pacific
- MEA
- Europe
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background
- 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Type
- 5.1. Cloud-based
- 5.2. Web-based
- 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
- 6.1. Large Enterprises
- 6.2. Small & Medium Enterprises
- 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
- 7.1. North America
- 7.2. Latin America
- 7.3. Europe
- 7.4. Asia Pacific
- 7.5. MEA
- 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 11. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 12. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 13. Key Countries Market Analysis
- 14. Market Structure Analysis
- 15. Competition Analysis
- 15.1. Booksy
- 15.2. Soothe, Inc.
- 15.3. Urbanclap Technologies India Pvt. Ltd.
- 15.4. STYLEBEE
- 15.5. Priv
- 15.6. Glamsquad
- 15.7. Zeel Networks, Inc.
- 15.8. Urban Massage Ltd.
- 15.9. MINDBODY, Inc.
- 15.10. MevoFit
- 16. Assumptions & Acronyms Used
- 17. Research Methodology
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 01: Global Market Value (US$ Mn) Forecast by Region, 2017 to 2032
Table 02: Global Market Value (US$ Mn) Forecast by Type, 2017 to 2032
Table 03: Global Market Value (US$ Mn) Forecast by Application, 2017 to 2032
Table 04: North America Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 05: North America Market Value (US$ Mn) Forecast by Type, 2017 to 2032
Table 06: North America Market Value (US$ Mn) Forecast by Application, 2017 to 2032
Table 07: Latin America Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 08: Latin America Market Value (US$ Mn) Forecast by Type, 2017 to 2032
Table 09: Latin America Market Value (US$ Mn) Forecast by Application, 2017 to 2032
Table 10: Europe Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 11: Europe Market Value (US$ Mn) Forecast by Type, 2017 to 2032
Table 12: Europe Market Value (US$ Mn) Forecast by Application, 2017 to 2032
Table 13: Asia Pacific Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 14: Asia Pacific Market Value (US$ Mn) Forecast by Type, 2017 to 2032
Table 15: Asia Pacific Market Value (US$ Mn) Forecast by Application, 2017 to 2032
Table 16: MEA Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 17: MEA Market Value (US$ Mn) Forecast by Type, 2017 to 2032
Table 18: MEA Market Value (US$ Mn) Forecast by Application, 2017 to 2032
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 01: Global Market Value (US$ Mn) by Type, 2022 to 2032
Figure 02: Global Market Value (US$ Mn) by Application, 2022 to 2032
Figure 03: Global Market Value (US$ Mn) by Region, 2022 to 2032
Figure 04: Global Market Value (US$ Mn) Analysis by Region, 2017 to 2032
Figure 05: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032
Figure 06: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032
Figure 07: Global Market Value (US$ Mn) Analysis by Type, 2017 to 2032
Figure 08: Global Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 09: Global Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 10: Global Market Value (US$ Mn) Analysis by Application, 2017 to 2032
Figure 11: Global Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 12: Global Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 13: Global Market Attractiveness by Type, 2022 to 2032
Figure 14: Global Market Attractiveness by Application, 2022 to 2032
Figure 15: Global Market Attractiveness by Region, 2022 to 2032
Figure 16: North America Market Value (US$ Mn) by Type, 2022 to 2032
Figure 17: North America Market Value (US$ Mn) by Application, 2022 to 2032
Figure 18: North America Market Value (US$ Mn) by Country, 2022 to 2032
Figure 19: North America Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 22: North America Market Value (US$ Mn) Analysis by Type, 2017 to 2032
Figure 23: North America Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 24: North America Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 25: North America Market Value (US$ Mn) Analysis by Application, 2017 to 2032
Figure 26: North America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 27: North America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 28: North America Market Attractiveness by Type, 2022 to 2032
Figure 29: North America Market Attractiveness by Application, 2022 to 2032
Figure 30: North America Market Attractiveness by Country, 2022 to 2032
Figure 31: Latin America Market Value (US$ Mn) by Type, 2022 to 2032
Figure 32: Latin America Market Value (US$ Mn) by Application, 2022 to 2032
Figure 33: Latin America Market Value (US$ Mn) by Country, 2022 to 2032
Figure 34: Latin America Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 37: Latin America Market Value (US$ Mn) Analysis by Type, 2017 to 2032
Figure 38: Latin America Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 40: Latin America Market Value (US$ Mn) Analysis by Application, 2017 to 2032
Figure 41: Latin America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 42: Latin America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 43: Latin America Market Attractiveness by Type, 2022 to 2032
Figure 44: Latin America Market Attractiveness by Application, 2022 to 2032
Figure 45: Latin America Market Attractiveness by Country, 2022 to 2032
Figure 46: Europe Market Value (US$ Mn) by Type, 2022 to 2032
Figure 47: Europe Market Value (US$ Mn) by Application, 2022 to 2032
Figure 48: Europe Market Value (US$ Mn) by Country, 2022 to 2032
Figure 49: Europe Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 50: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 51: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 52: Europe Market Value (US$ Mn) Analysis by Type, 2017 to 2032
Figure 53: Europe Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 54: Europe Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 55: Europe Market Value (US$ Mn) Analysis by Application, 2017 to 2032
Figure 56: Europe Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 57: Europe Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 58: Europe Market Attractiveness by Type, 2022 to 2032
Figure 59: Europe Market Attractiveness by Application, 2022 to 2032
Figure 60: Europe Market Attractiveness by Country, 2022 to 2032
Figure 61: Asia Pacific Market Value (US$ Mn) by Type, 2022 to 2032
Figure 62: Asia Pacific Market Value (US$ Mn) by Application, 2022 to 2032
Figure 63: Asia Pacific Market Value (US$ Mn) by Country, 2022 to 2032
Figure 64: Asia Pacific Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 65: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 66: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 67: Asia Pacific Market Value (US$ Mn) Analysis by Type, 2017 to 2032
Figure 68: Asia Pacific Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 69: Asia Pacific Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 70: Asia Pacific Market Value (US$ Mn) Analysis by Application, 2017 to 2032
Figure 71: Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 72: Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 73: Asia Pacific Market Attractiveness by Type, 2022 to 2032
Figure 74: Asia Pacific Market Attractiveness by Application, 2022 to 2032
Figure 75: Asia Pacific Market Attractiveness by Country, 2022 to 2032
Figure 76: MEA Market Value (US$ Mn) by Type, 2022 to 2032
Figure 77: MEA Market Value (US$ Mn) by Application, 2022 to 2032
Figure 78: MEA Market Value (US$ Mn) by Country, 2022 to 2032
Figure 79: MEA Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 80: MEA Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 81: MEA Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 82: MEA Market Value (US$ Mn) Analysis by Type, 2017 to 2032
Figure 83: MEA Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 84: MEA Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 85: MEA Market Value (US$ Mn) Analysis by Application, 2017 to 2032
Figure 86: MEA Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 87: MEA Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 88: MEA Market Attractiveness by Type, 2022 to 2032
Figure 89: MEA Market Attractiveness by Application, 2022 to 2032
Figure 90: MEA Market Attractiveness by Country, 2022 to 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How is the On-demand Wellness Software Market Growing?
The on-demand wellness software market is predicted to grow at CAGR of 8.4% through 2032.
What is the Future Scope of Growth for the On-demand Wellness Software Market?
The on-demand wellness software market is expected to surpass USD 952.42 Mn by 2032.
What is the Current On-demand Wellness Software Market Size?
The on-demand wellness software market size has been currently valued at USD 425.14 Mn.
Which Region Holds the Highest Revenue Potential in the On-demand Wellness Software Market?
North America on-demand wellness software market holds the highest revenue potential.