The clubs and courses with tee & personnel scheduling, pro shop sales and inventory and membership management are assisted by golf course management software. Golf course management software is an on-site solution that helps to streamline membership management workflow processes, maintenance scheduling, inventory monitoring, reporting, and more. The golf course management program allows the clubs and their members to coordinate, prepare and schedule all gameplays and other arrangements accordingly in many ways. It was noted in a National Golf Foundation publication that golf is among the largest recreational sports in the U.S. According to the Sports & Fitness Industry Association's 2017 Manufacturers' Sales Report, more money is being spent yearly on clubs and balls than that on equipment for basketball, baseball and football combined. The equipment industry, with its clubs and balls used in millions of golf bags across the world, is undoubtedly enjoying this success. New technology that improves club efficiency, a huge advantage for any golfer, is contributing to this influx of equipment. With this latest technology, the knowledge and aspirations golfers know are also making the golfing experience a more personal one.
The global golf course management software market revenue is projected to reach close to USD 660.67 million by 2028. This can be attributed to the growing internet connectivity worldwide and the increasing speed of managing work related to golf. In addition, the rising popularity of golf is attributed to the availability of golf courses which is indirectly also boosting global golf course management software market growth.
However, there is typically no good security, good training, and infrastructure for small businesses, restaurants, and clubs to handle cyber-attacks which is likely to hamper the market growth. Furthermore, the rising product demand, growing disposable incomes, creative goods, raw material wealth, and changing consumption technologies are anticipated to be an opportunity for the golf course management software market.
Golf Course Management Software Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 660.67 million|
|Growth Rate||CAGR of 11.97% during 2021-2028|
|Segment Covered||Type, Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, Middle East and Africa, South America|
|Key Players Profiled||Lightspeed POS Inc., GOLFNOW, Dojiggy, Jonas Club Software, Supreme Golf, Inc., Club Prophet, foreUP, Teesnap LLC, WayPoint Golf, Inc., iGolf Systems, Bookitlive International Pty. Ltd., GolfSmash, Inc., EVENT CADDY INC., FAIRWAYiQ Inc., TeeQuest Solutions, Inc., Clubessential, LLC., Course Logix, Tee-On, Golf Systems Inc., Szen Corp., and W3Effect LLC.|
Key Segments of the Global Golf Course Management Software Market
Type Overview, 2018-2028 (USD Million)
Application Overview, 2018-2028 (USD Million)
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Private Clubs
- Public Clubs
Regional Overview, 2018-2028 (USD Million)
- Rest of Europe
- Rest of Asia-Pacific
- Rest of Latin America
Middle East and Africa
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global golf course management software market. Benchmark yourself against the rest of the market.
- Ensure you remain competitive as innovations by existing key players to boost the market.
What does the report include?
- The study on the global golf course management software market includes qualitative factors such as drivers, restraints, and opportunities
- The study covers the competitive landscape of existing/prospective players in the golf course management software industry and their strategic initiatives for the product development
- The study covers a qualitative and quantitative analysis of the market segmented based on solution, service, and industry vertical. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments.
Who should buy this report?
- The report on the global golf course management software market is suitable for all the players across the value chain including component and raw material providers, manufacturers, distributors, and other intermediaries across the value chain
- Venture capitalists and investors looking for more information on the future outlook of the global golf course management software market
- Consultants, analysts, researchers, and academicians looking for insights shaping the global golf course management software market.
Frequently Asked Questions (FAQ) :
The growing internet connectivity worldwide and the increasing speed of managing work related to golf are the key reasons driving the demand for golf course management software solutions. Golf tourism is gaining popularity among enthusiasts and for the specific purpose of playing golf, a majority of individuals travel to unique destinations. For example, Scotland is an excellent holiday spot that also provides golfers with centuries-old courses and a sense of history on these ancient grounds. This sport has been popularized by the growth and expansion of golf courses, along with growing government initiatives to encourage golf tourism, thus increasing the market for its related equipment, such as golf equipment. All these factors have been some of the various reasons to drive the golf course management software market. One of the other factors that acts as a market driver is the high demand from various golf clubs across the world.
In terms of type, the market is bifurcated into cloud and on-premises. In the year 2020, the cloud segment gathered the major share and it is likely to maintain its position during the forecast years. The market growth of this segment is primarily ascribed to the cloud has a range of benefits, such as saving a vast number of infrastructure costs, reducing time and labor costs, and observing even more advantages. There is an improved return on investment because of lower infrastructure and storage costs. Enterprises are worried about the initial on-site data hosting cost of installation and maintenance. In addition, a few additional challenges for businesses are staff costs and problems with downtime. Existing rivalry and global economic situations have speeded up the implementation of cost-effective business model restructuring steps.
In terms of the application segment, the market is segmented into SME's, Large Enterprises, Private Clubs, and Public Clubs. In 2020 the large enterprises segment accumulated the major market share and it is expected to do so over the forecast years. The market growth of the large enterprises segment is since these enterprises operate diversely in every country and all over in various regions.
The North American region dominated the overall market in 2020 and it is projected to keep its position during the forecast years 2021-2028. However, the Latin America region is anticipated to gather the highest growth over the forecast years. The market growth in this region is mostly ascribed to the numerous golf courses that are widely distributed throughout the region in almost the continent’s entire major nations, there are a decent number of golf and golf course management applications on the market in this region.
The major players of the global golf course management software market are Lightspeed POS Inc., GOLFNOW, Dojiggy, Jonas Club Software, Supreme Golf, Inc., Club Prophet, foreUP, Teesnap LLC, WayPoint Golf, Inc., iGolf Systems, Bookitlive International Pty. Ltd., GolfSmash, Inc., EVENT CADDY INC., FAIRWAYiQ Inc., TeeQuest Solutions, Inc., Clubessential, LLC., Course Logix, Tee-On, Golf Systems Inc., Szen Corp., and W3Effect LLC. The golf course management software market comprises well established local as well as global players. In addition, the previously recognized market players are coming up with new and advanced strategic on-premises and cloud to stay competitive in the global market.