Player Tracking Market - Technical Signs Point Higher Growth In Coming Years | STATS LLC, Zebra Technologies Corp., ChyronHego Corporation, Polar Electro, PlayGineering, Sonda Sports Ltd.

Player tracking is a system or solution that is used to observe a player and a ball when either one is on the move. It supplies a timely ordered sequence of location data for further processing. These solutions have been gathering data in sport science for coaching, notably in football and basketball. There are different products that have been used by the system for obtaining advanced statistical data collection pertaining to players field performance in real time. It is used by analysts and coaches for training the team and making playing plans accordingly for the team. Key applications of this system include fitness tracking, performance tracking, fraud detection, and player safety. There are various wearable devices that are automated to get a precise understanding of the on-field data of the players and provide significant growth opportunities for the market.

Need for advanced metrics for on-field data to train various sports athletes and rise in demand for real-time data access with the aim to improve athlete performance are the major factors that drive the growth of the player tracking market. In addition, growth in the popularity of televised sporting events and changing fan preferences fuels the growth of the market. However, lack of technology awareness in sports activities and budget constraints hamper the global market growth. Furthermore, the advent of high-end computing solutions for player tracking technology and complex data streaming to increase demand for analytics are anticipated to provide major opportunities for the market. New avenues in the player tracking market will also emerge from recent advancement in wearable technology and relentless advances being made in high-end computing solutions.

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The player tracking market is segmented into component, end user, application, and region. In terms of component, it is bifurcated into solution and services. The solution segment is further sub segmented in wearable, optical, and application. In terms of end user, it is categorized into individual sports and team sports. Individual sports are further bifurcated into golf, tennis, boxing, formula 1 sport, and others. Also, the team sports is sub-segmented into soccer, hockey, basketball, rugby, cricket, and others. On the basis of application, it is divided into fitness, performance, behavior, and player safety. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the player tracking market analysis are STATS LLC, Zebra Technologies Corp., ChyronHego Corporation, Polar Electro, PlayGineering, Sonda Sports Ltd., JOHAN Sports., Q-Track, Xampion, and STATSports Group. Current and future smart space player tracking market trends are outlined to determine the overall attractiveness of the market.

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The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

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KEY BENEFITS FOR STAKEHOLDERS

oThe study provides an in-depth analysis of the global player tracking market along with the current trends and future estimations to elucidate the imminent investment pockets.

oInformation about the key drivers, restraints, and opportunities and their impact analysis on the player tracking market share is provided.

oPorter's five forces analysis illustrates the potency of buyers and suppliers operating in the player tracking industry.

oThe quantitative analysis of the market from 2018 to 2026 is provided to determine the market potential.

PLAYER TRACKING MARKET KEY SEGMENTS

By Component

o Solution
o Services

By End-User

o Individual Sports

o Golf
o Tennis
o Boxing
o Formula 1 Sport
o Others

oTeam Sports

o Soccer
o Hockey
o Basketball
o Rugby
o Cricket
o Others

By Application

o Fitness
o Performance
o Behavior
o Player Safety

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