Sports Technology Market Next Big Thing : IBM Corporation, LG Electronics, Modern Times Group MTG, NEC Corporation, Oracle, Panasonic Corporation, SAMSUNG, SAP SE, Sharp Corporation, Sony
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Key Sports technology market Competitors: Few of the major competitors currently working in the Sports technology market are Blizzard Entertainment, Inc., Apple Inc., ARRI AG, Cisco, Telefonaktiebolaget LM Ericsson, Fitbit, Inc, Fujitsu, Garmin Ltd., IBM Corporation, LG Electronics, Modern Times Group MTG, NEC Corporation, Oracle, Panasonic Corporation, SAMSUNG, SAP SE, Sharp Corporation, Sony Corporation, Tencent, and many others.
Improvement in public participation and upcoming sporting events worldwide is expected to increase the market for sport innovation over the forecast period. The growing use of IoT technology to boost stadium network management is projected to be a key driver for market growth during the forecast period. The development of new talent recruitment techniques, individual performance improvement, accident prevention etc. is using artificial intelligence-based sports research.
Sports technology market is expected to rise by registering a healthy CAGR 19.17%in the forecast period of 2020-2029. The major drivers of development in the market are expected to be a major prospect for companies operating in this industry due to the growing number of sports leagues around the world. The combination of technology and sport enhances the data-driven sports culture and drives the next generation of viewing, fitness tracking and stadium experience.
Sports Technology Market Demanded Globally
Sports Technology Market Demanded Globally
Key Developments in the Market:
In November 2019, Stack Sports announced the launch of his new youth sports networking application, Sports Connect, the world’s largest and fastest-growing supplier of sports technology. A large one-stop shop for sports organizations focused on the Blue Sombrero and Affinity Sport brands, acquired in August 2019 was Sports link, an integrated web provider of software-as – a-service (SaaS). Stack Sport’s objective is to improve and expand the experience of young people in sports, making sports convenient for owners, participants, coaches and families. We have never been closer to this goal with our new Sports Connect update.
Sports technology market Scope and Market Size
Sports technology market has been segmented on the basis of component, sports, application, and end-user.
On the basis of component, the sports technology market is segmented into software, wearable devices & sports equipment, services. Software is further segmented into On-premise, Cloud and services is further segmented into Training & Implementation, Support & Maintenance, Managed/Outsourced Services
On the basis of sports, the sports technology market is segmented into baseball, basketball, cricket, cycling, football, golf, rugby, swimming, badminton, tennis, and athletics.
Based on application the sports technology market is segmented into active, passive. Active is further segmented into tracking, decision making and passive is further segmented into analytics and statistics, tactics and simulation, training, game performance analysis, team analysis & management, injury and health analysis.
Based on end user the sports technology market is segmented into coaches, clubs, leagues, sports associations, others.
Country Level Analysis of Sports technology market
On the basis of region, the Sports technology market is segmented into North America and South America, Asia Pacific, Europe and Middle East and Africa
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Table of Content: Sports Technology Market
Part 01: Executive Summary
Part 02: Scope of The Sports Technology Market Report
Part 03: Global Sports Technology Market Landscape
Part 04: Global Sports Technology Market Sizing
Part 05: Global Sports Technology Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Sports Technology Market Drivers And Challenges
Part 11: Sports Technology Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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