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Sports Technology Market Size to Grow by USD 24.56 billion | Agile Sports Technologies Inc. and Athlete Intelligence Among Key Vendors| Technavio
[April 19, 2022]

Sports Technology Market Size to Grow by USD 24.56 billion | Agile Sports Technologies Inc. and Athlete Intelligence Among Key Vendors| Technavio


NEW YORK, April 19, 2022 /PRNewswire/ -- Sports Technology Market Facts at a Glance-

  • Total Pages: 120
  • Companies: 10+ – Including Agile Sports Technologies Inc., Athlete Intelligence, Catapult Group International Ltd., Chetu Inc., Cisco Systems Inc., Epicor Software Corp., Firstbeat Technologies Oy, International Business Machines Corp., Jonas Club Software, and SAP SE among others.
  • Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape
  • Segments: Technology (AI ML, IoT, and AR VR)
  • Geographies: North America, Europe, APAC, South America, and MEA

To understand more about Market Dynamics. Download our sample report

According to the recent market study by Technavio, the Sports Technology Market is expected to increase by USD 24.56 billion from 2021 to 2026, with an accelerated CAGR of 23.09%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.

Vendor Insights-

The sports technology market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The key offerings of some of the vendors are listed below:

  • Agile Sports Technologies Inc. - The company offers Volleymetrics that can record and upload analytics with automatic smart cameras and saves time.
  • Athlete Intelligence - The company offers VECTOR MouthGuard that is a highly accurate head impact monitoring wearable device for team contact sports.
  • Catapult Group International Ltd. - The company offers wearable technologies such as Catapult Vision that brings pre- and post-match analysis and Catapult AMS that elevates the management and communication of data.

Find additional highlights on the vendors and their product offerings. Download Sample Report

Regional Market Outlook

The sports technology market share growth in North America will be significant during the forecast period. The US and Canada are the key countries for the market in the region. Market growth in North America will be faster than the growth of the market in other regions. The launch of innovative and improved sports technology products and platforms, growing Internet penetration, and the launch of advanced video game consoles will facilitate the sports technology market growth in North America over the forecast period. 

Download our sample report for more key highlights on the regional market share of most of the above-mentioned countries.

Latest Drivers in the Market-

  • Sports Technology Market Driver:
    • Rising number of sports technology events:

      Events using sports technology can take place at different physical locations, such as sports technology arenas, local sports technology bars, home venues, and other locations. This expands the audience base, actively promotes the sports technology concept, and boosts the morale of sports technology players.

Find additional information about various other market Drivers mentioned in our sample report.

Didn't Find What You Were Looking For? Customize Report-

Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer USD 1,000 worth of FREE customization at the time of purchase. Speak to our Analyst now!

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Sports Technology Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 23.09%

Market growth 2022-2026

USD 24.56 billion

Market structure

Fragmented

YoY growth (%)

21.48

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 43%

Key consumer countries

US, China, Germany, Canada, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Agile Sports Technologies Inc., Athlete Intelligence, Catapult Group International Ltd., Chetu Inc., Cisco Systems Inc., Epicor Software Corp., Firstbeat Technologies Oy, International Business Machines Corp., Jonas Club Software, and SAP SE

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


Table of Contents

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Technology

  • Market segments
  • Comparison by Technology
  • AI ML - Market size and forecast 2021-2026
  • IoT - Market size and forecast 2021-2026
  • AR VR - Market size and forecast 2021-2026
  • Market opportunity by Technology

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2021-2026
  • Europe - Market size and forecast 2021-2026
  • APAC - Market size and forecast 2021-2026
  • South America - Market size and forecast 2021-2026
  • MEA - Market size and forecast 2021-2026
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Agile Sports Technologies Inc.
  • Athlete Intelligence
  • Catapult Group International Ltd.
  • Chetu Inc.
  • Cisco Systems Inc.
  • Epicor Software Corp.
  • Firstbeat Technologies Oy
  • International Business Machines Corp.
  • Jonas Club Software
  • SAP SE

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

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SOURCE Technavio


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