openPR Logo
Press release

Smart Sports Equipment Market: High Demand for Real-time Data Synching Forecast 2017-2022

04-28-2021 06:16 PM CET | Sports

Press release from: Fact.MR

Rising demand for active performance analysis in the field of sports has prompted manufacturers towards smart sports equipment.

Available sensor technologies can offer a wide range of prototype smart sports equipment, but some companies have been able to offer more detailed improvements in basic smart sports equipment & products.

Browse full Report - https://www.factmr.com/report/213/smart-sports-equipment-market

The benefits of smart sports equipment are currently untapped, but many sports experts are showing positive attitude towards their adoption. The largest barrier for growth of global smart sports equipment market is lack of technological support services in sports industry.

Players, athletes and coaches from several parts of the world might not necessarily agree to the adoption of smart sports equipment, considering the differing ethics, unclear awareness of smart sports equipment, and lack of technologies that will help them analyze the data easily.

In addition to this, sporting activities are majorly exposed to rough handling, causing a key concern for manufacturers of smart sports equipment containing superficial, fragile sensors.

According to a recently published report by Fact.MR, the global market for smart sports equipment will incur a sluggish growth, reaching a value of just over US$ 1.25 Bn by the end of forecast period, 2017-2022.

To remain ‘ahead’ of your competitors, request for a sample - https://www.factmr.com/connectus/sample?flag=S&rep_id=213

5 Insights on Global Market for Smart Sports Equipment

Smart baseballs and smart baseball bats sold across the globe in 2017 are expected to harvest revenues worth over US$ 240 Mn collectively. According to the report, smart golf sticks will be among top-selling smart sports equipment in the global market, through 2022.

The report highlights Europe as the largest market for smart sports equipment. Technologically advanced sports industry in this region, and impressive performance of European athletes in global sporting events is expected to drive the demand for smart sports equipment in Europe throughout the forecast period.

The Asia-Pacific excluding Japan (APEJ) region, on the other hand, will reflect higher revenue growth, compared to Europe’s smart sports equipment sales.

By the end of 2022, the APEJ smart sports equipment market will have reached US$ 300 Mn value at a CAGR of above 3%.

For critical insights on this market, request for methodology here - https://www.factmr.com/connectus/sample?flag=RM&rep_id=213

Real-time data synching will remain the sought-after connectivity feature among smart sports equipment. Consumers are expected to opt for sports equipment offering real-time data synchronization, over other basic connectivity features such as smartphone connectivity.

By the end of 2022, smart sports equipment with real-time data synching will rake in revenues worth over US$ 500 Mn, which is around half of the global smart sports equipment market’s estimated value for that year.

To connect an Expert – https://www.factmr.com/connectus/sample?flag=AE&rep_id=213

Through 2022, close to half of smart sports equipment sold across the globe will be priced in the mid-range. The demand for premium-priced smart sports equipment will also gain traction, reflecting around one-third share on global revenues throughout the forecast period.

The report has also profiled leading players in the global market for smart sports equipment, which include NIKE, Inc., Under Armour, Inc., Amer Sports Corporation, PUMA SE, QUATTRIUUM INC., Game Golf, BABOLAT VS S.A., Mizuno Corporation, Callaway Golf Company, and adidas AG.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:

Unit No: AU-01-H Gold Tower (AU),

Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
Research Insight: https://www.factmr.com/report/213/smart-sports-equipment-market
Content Source:https://www.factmr.com/media-release/203/smart-sports-equipment-market

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Sports Equipment Market: High Demand for Real-time Data Synching Forecast 2017-2022 here

News-ID: 2276998 • Views: 205

More Releases from Fact.MR

Know How and Why Tier 1 Players Are Dominating the Vertical Milling Machine Mark …
Vertical Milling Machine market research study provides a crucial information of important participants, such as suppliers, manufacturers, distributors, traders, consumers, investors, etc. Vertical Milling Machine market study depicts an in-depth analysis on the current status of Vertical Milling Machine market that consists of important types, and end uses. To get in-depth information view the report - https://www.factmr.com/report/vertical-milling-machine-market The data type of the Vertical Milling Machine market study contains market revenue, import, export, progress
Sales in Automotive Engine Cover Market Through OEM Sales Channel to Grow at a C …
The recently published market study by Fact.MR highlights the current trends that are expected to influence the dynamics of the Automotive Engine Cover Market in the upcoming years. Click here to Get Complete Synopsis of the Report – https://www.factmr.com/report/142/automotive-engine-cover-market The report introspects the supply chain, cost structure, and recent developments pertaining to the Automotive Engine Cover Market in the report and the impact of the COVID-19 on these facets of the
Germany Automotive Chrome Accessories Market to Reach Valuation of US$ 924 Mn in …
The recently published market study by Fact.MR highlights the current trends that are expected to influence the dynamics of the Automotive Chrome Accessories Market in the upcoming years. Click here to Get Complete Synopsis of the Report – https://www.factmr.com/report/141/automotive-chrome-accessories-market The report introspects the supply chain, cost structure, and recent developments pertaining to the Automotive Chrome Accessories Market in the report and the impact of the COVID-19 on these facets of the
Used Construction Equipment Market Future Innovation Strategies, Profit Analysis …
Used Construction Equipment market research study provides a crucial information of important participants, such as suppliers, manufacturers, distributors, traders, consumers, investors, etc. Used Construction Equipment market study depicts an in-depth analysis on the current status of Used Construction Equipment market that consists of important types, and end uses. To get in-depth information view the report - https://www.factmr.com/report/used-construction-equipment-market The data type of the Used Construction Equipment market study contains market revenue, import, export, progress

All 5 Releases


More Releases for Europe

Synthetic Biology Market – Europe
Synthetic Biology Market Europe is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). Synthetic biology has expanded into various interdisciplinary fields that may be defined as the combination of artificial design and engineering to produce biological systems, chemicals or living organisms. Synthetic biology is also used for improving applications
Europe Wooden Doors Market
Europe Wooden Doors Market https://www.qandqmarketresearch.com/reports/wooden-doors-market-78 This report studies the Wooden Doorsmarket status and outlook of Europe and major countries, from angles of players, countries, product types and end industries; this report analyzes the top players in Europe and major countries, and splits the Wooden Doors market by product type and applications/end industries. The global Wooden Doors market is valued at XX million USD in 2018 and is expected to reach XX million
Europe Radiotherapy Market
The Europe Radiotherapy Market research report consists of a primary and secondary research along with an in-depth analysis of the quantitative and qualitative aspects by the expert industry analysts and professionals, leading management bodies, to gain a profound insight of the industry as well as the industry performance. The Europe Radiotherapy Market report presents a lucid picture of the current industry landscape, including the historical and projected market size, based
Europe Business Assembly
The Europe Business Assembly (EBA) is an international corporation for the evolution and implementation of economic and social development. The company was established in April 2000 and its history shows a plethora of promising initiatives, creative growth and professional victories. EBA’s activity demonstrates the capabilities and power of professional partnership. The year 2000 saw the beginning and the foundation of EBA with the signing of the memorandum of cooperation and
Smartsourcing in Eastern Europe
In 2008 the outsourcing business of Eastern Europe was estimated at nearly $2 billion, representing just a tiny fraction of the global IT outsourcing market, estimated at about $386 billion. According to the Gartner Dataquest predictions, in the next four years Eastern Europe is expected to outstrip the rest of the offshore market concentrated mainly in the “classical” locations like India. By 2010 Eastern Europe’s IT outsourcing market share is
Home Control conquers Europe
European Home Control Summit attracts participation from leading International companies and organizations 29. February 2008 - Copenhagen/Frankfurt - The first European Wireless Home Control Summit on 9 April 2008, taking place parallel to Light + Building, features leading companies such as Merten, Horstmann, Danfoss, and market researcher Parks Associates as well as publicly funded organizations like the Danish Energy Saving Trust (DEST) presenting the newest trends, products and market strategies pertaining