The Market Insights Reports has added a new statistical data to its repository titled as, Global Spa And Salon Software Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on recent developments and technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries.
The spa and salon software market is expected to register a CAGR of 7.11% over the forecast period (2021-2026).
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Top Key Players in the Global Spa And Salon Software Market are MindBody Inc., DaySmart Software, Springer-Miller Systems, Zenoti, Waffor Inc., Salonist.io, Vagaro Inc., Simple Spa, Phorest Salon Software, Millennium Systems International, and others.
Industry News and Update:
– May 2019: MINDBODY, the leading technology platform for the wellness industry, acquired Bowtie, an automated AI-driven virtual receptionist solution for appointment-based businesses. Bowtie automatically books clients, answers questions, and enables live chat over SMS and web.
– May 2019: Zenoti, the leading enterprise cloud platform for the beauty and wellness industry, recently announced that it has closed a USD 50 million Series C funding round led by Tiger Global Management with participation from Norwest Venture Partners and Accel.
Key Market Trends:
Cloud-based Software to Gain Maximum Market Traction
– Cloud-based software allows a business to set up a virtual office, which offers the flexibility of connecting to the business anywhere, at any given time. According to a study conducted by the International Data Group, in 2018, 73% of organizations have at least one application, or a portion of their computing infrastructure already in the cloud, while 17% plan to do so within the next 12 months.
– With the gradual shift toward beauty and wellness products, owing to the increasing trend of a healthy lifestyle, the salon and spa businesses are also growing substantially. Hence, the need to efficiently collaborate the business is increasing. Adoption of cloud solutions is expected the business to communicate and share more easily across different locations apart from the traditional methods.
– Factors, such as reduced IT costs, increased flexibility, instant data accessibility and recovery, and business continuity in case of a crisis minimizing the downtime and loss of productivity, are driving the adoption of cloud solutions.
Full Browse the report description and TOC:
Highlights of TOC:
Market Overview: It starts with product overview and scope of the Global Spa And Salon Software market and later gives consumption and production growth rate comparisons by application and product respectively. It also includes a glimpse of the regional study and Spa And Salon Software market size analysis for the review period 2015-2025.
Company Profiles: Each company profiled in the report is assessed for its market growth keeping in view vital factors such as price, Spa And Salon Software market gross margin, revenue, production, markets served, main business, product specifications, applications, and introduction, areas served, and production sites.
Manufacturing Cost Analysis: It includes industrial chain analysis, manufacturing process analysis, the proportion of manufacturing cost structure, and the analysis of key raw materials.
Market Dynamics: Readers are provided with a comprehensive analysis of Spa And Salon Software market challenges, influence factors, drivers, opportunities, and trends.
Market Forecast: Here, the Spa And Salon Software report provides consumption forecast by application, price, revenue, and production forecast by product, consumption forecast by region, production forecast by region, and production and revenue forecast.
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