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
- Ball sports
- Fitness sport
- Other sports
- North America
- South America
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
- Market CAGR during the forecast period 2021-2025
- Detailed information on the factors that will contribute to the growth of the smart sports equipment market over the next five years
- Estimation of the smart sports equipment market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the smart sports equipment market
- Market Competitive Landscape Analysis and Detailed Supplier Information
- Complete details on the factors that will challenge the growth of Smart Sports Equipment Market vendors
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Scope of the smart sports equipment market
Cover of the report
Year of reference
Growth dynamics and CAGR
Deceleration to 24.32% CAGR
Market growth 2021-2025
$ 14.64 billion
Annual growth (%)
North America, APAC, Europe, South America and MEA
Efficient contribution to the market
Main consumer countries
United States, China, Japan, Germany and United Kingdom
Leading companies, competitive strategies, reach of consumer engagement
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.
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,
If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2020
- Market Outlook: Forecast for 2020 – 2025
Five forces analysis
- Summary of the five forces
- The bargaining power of buyers
- Bargaining power of suppliers
- The threat of new participants
- The threat of substitutes
- Threat of rivalry
- State of the market
Market segmentation by product
- Market segments
- Comparison by product
- Ball Sports – Market Size and Forecast 2020-2025
- Fitness Sports Market Size and Forecast 2020-2025
- Other Sports – Market Size and Forecast 2020-2025
- Market opportunity by product
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2020-2025
- APAC Market Size and Forecast 2020-2025
- Europe – Market size and forecast 2020-2025
- South America – Market size and forecast 2020-2025
- MEA – Market Size and Forecast 2020-2025
- Main leading countries
- Market opportunity by geography
- Market factors
- Market challenges
- Market trends
- Landscaper of the seller
- Landscape disturbance
- Covered suppliers
- Positioning of sellers in the market
- adidas AG
- Amer Sports Corp.
- BRG Sports
- EGYM Inc.
- Kinexon GmbH
- Mizuno Corp.
- PUMA SE
- Spektacom Technologies Pvt Ltd
- STATSports Group Ltd.
- Under Armor Inc.
- Scope of the report
- Currency conversion rates for US $
- Research methodology
- Abreviations list
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