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NEW YORK, January 3, 2022 / PRNewswire / – Market Value for Smart Sports Equipment Expected to Increase $ 14.64 billion, according to the latest Technavio report
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The market is fragmented and the degree of fragmentation will slow down during the forecast period. adidas AG, Amer Sports Corp., BRG Sports, EGYM Inc., Kinexon GmbH, Mizuno Corp., PUMA SE, Spektacom Technologies Pvt Ltd, STATSports Group Ltd. and Under Armor Inc. are some of the major players in the market.
To make the most of opportunities, market sellers should focus more on growth prospects in fast growing segments, while maintaining their positions in slow growing segments.
Smart Sports Equipment Market 2021-2025: Segmentation
43% of the market growth will come from APAC during the forecast period. China and Japan are the key markets for smart sports equipment in APAC. The market growth in this region will be faster than the market growth in other regions.
The growing adoption of connected wearable devices and the growing demand for sports analytics platforms will facilitate the growth of the smart sports equipment market in APAC during the forecast period.
Learn about additional trends impacting the future of the market and the positive and negative consequences for businesses. Download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR71731
Smart Sports Equipment Market 2021-2025: Scope
Technavio presents a detailed picture of the market through the study, synthesis and summation of data from multiple sources. Our Smart Sports Equipment Market report covers the following areas:
The growth of smart sports equipment market share by the ball sports segment will be significant during the forecast period. The growing demand for sports analysis platforms that rely on inputs obtained from connected sensors and connected equipment, such as tennis racquets, connected pilots and golf clubs, and baseballs, stimulates the growth of the segment.
Smart Sports Equipment Market 2021-2025: Vendor Analysis
We provide a detailed analysis of the vendors operating in the Smart Sports Equipment market. Backed by competitive intelligence and benchmarking, our intelligent sports equipment market research reports are designed to provide entry support, customer profile, and M&A as well as leveraging strategy support. Marlet.
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Smart Sports Equipment Market 2021-2025: Highlights
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Market CAGR during the forecast period 2021-2025
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Detailed information on the factors that will contribute to the growth of the smart sports equipment market over the next five years
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Estimation of the smart sports equipment market size and its contribution to the parent market
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Predictions on upcoming trends and changes in consumer behavior
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The growth of the smart sports equipment market
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Market Competitive Landscape Analysis and Detailed Supplier Information
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Complete details on the factors that will challenge the growth of Smart Sports Equipment Market vendors
Associated reports:
Gymnastics Equipment Market by Distribution Channel and Geography – Forecast and Analysis 2021-2025: The gymnastics equipment market has the potential to grow by USD 1.72 billion during the period 2021-2025, and the market growth momentum will accelerate at a CAGR of 17.31%. For in-depth research information- Download a FREE sample report
Golf Equipment Market by Product, Distribution Channel and Geography – Forecast and Analysis 2021-2025: The golf equipment market has the potential to grow by $ 1.37 billion over the period 2021-2025, and the market growth dynamics will accelerate at a CAGR of 2.90%. For in-depth research information- Download a FREE sample report
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Scope of the smart sports equipment market |
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Cover of the report |
Details |
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Page number |
120 |
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Year of reference |
2020 |
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Forecast period |
2021-2025 |
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Growth dynamics and CAGR |
Deceleration to 24.32% CAGR |
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Market growth 2021-2025 |
$ 14.64 billion |
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Market structure |
Fragmented |
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Annual growth (%) |
18.64 |
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Regional analysis |
North America, APAC, Europe, South America and MEA |
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Efficient contribution to the market |
43% APAC |
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Main consumer countries |
United States, China, Japan, Germany and United Kingdom |
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Competitive landscape |
Leading companies, competitive strategies, reach of consumer engagement |
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Profiled companies |
adidas AG, Amer Sports Corp., BRG Sports, EGYM Inc., Kinexon GmbH, Mizuno Corp., PUMA SE, Spektacom Technologies Pvt Ltd, STATSports Group Ltd. and Under Armor Inc. |
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Market dynamics |
Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period, |
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Customization |
If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments. |
Contents:
Summary
Market landscape
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Market ecosystem
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Value chain analysis
Market sizing
Five forces analysis
Market segmentation by product
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Market segments
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Comparison by product
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Ball Sports – Market Size and Forecast 2020-2025
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Fitness Sports Market Size and Forecast 2020-2025
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Other Sports – Market Size and Forecast 2020-2025
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Market opportunity by product
Customer landscape
Geographic landscape
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Geographic segmentation
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Geographic comparison
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North America – Market size and forecast 2020-2025
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APAC Market Size and Forecast 2020-2025
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Europe – Market size and forecast 2020-2025
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South America – Market size and forecast 2020-2025
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MEA – Market Size and Forecast 2020-2025
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Main leading countries
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Market opportunity by geography
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Market factors
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Market challenges
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Market trends
Supplier landscape
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Overview
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Landscaper of the seller
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Landscape disturbance
Supplier analysis
appendix
About Us
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.
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Technavio research
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Email: media@technavio.com
Website: www.technavio.com/
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