Wearable Devices in Sports Market 2022 : Future Growth Prospect, Industry Share And Growing Demand Analysis Till 2027

The Wearable Devices in Sports Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Wearable Devices in Sports market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Wearable Devices in Sports market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Wearable Devices in Sports market.

The Wearable Devices in Sports Market is expected to grow at a CAGR of 9.82% over the forecast period (2021-2026). 

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Top Leading Companies of Wearable Devices in Sports Market are - Garmin Ltd., Zepp US Inc., Catapult Sports Pty Ltd., Kinexon GmbH, Sensoria Inc, ShotTracker Inc., STATSports Group, EXELIO SRL(GPEXE), GPSports Systems(Catapult), List not Exhaustive and others.

Industry News and Updates:

June 2018 - Fujitsu expanded its sports analytics business in Japan through RUN.EDGE’s Fujitsu subsidiary established through a company split.

July 2019 - Catapult and ShotTracker announced a new partnership to develop an integration that will allow the delivery of Catapult’s performance and workload-based data, with ShotTracker’s 70+ unique tactical statistics, through a single workflow. with this integrated technolgy, the companies aim to to deliver real-time statistics and analytics to teams, fans and broadcast networks for professional and collegiate basketball teams.

Key Market Trends:

Smart Clothing Set to be a Significant Contributing Factor Towards the Growth of the Market

Smart clothing/textiles are fabrics that are manufactured and designed to integrate technologies that offer the wearer with increased functionality. These textiles have various potential applications, such as the ability to communicate with other devices, conduct energy, transform into other materials and protect the wearer from environmental hazards. Increasing R&D towards wearable textile-based personal systems allowing, e.g., health monitoring, protection, and safety, and healthy lifestyle gained strong interest over the last few years.

North America to Provide Significant Opportunities

Internet and cloud technology penetration, the emergence of professional leagues, and digitalization of sports are driving the adoption of sports technology in North America, especially in the US.

Wearables are already popular in the US soccer culture. The US Soccer athletes have been wearing them while playing for many years. companies like STATSports and Catapult Sports, which are popular in the GPS tracking space have been greatly benefitted by these trends.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Wearable Devices in Sports Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Wearable Devices in Sports Market (%),2016 - 2026
- Wearable Devices in Sports Market Share, By Brand
- Wearable Devices in Sports Market Share, By Company
- Wearable Devices in Sports Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Wearable Devices in Sports Market Value Analysis & Forecast
- Promising Wearable Devices in Sports Development by Major Companies
- Detailed Wearable Devices in Sports Portfolio of the Major Companies
- Major Deals in the Wearable Devices in Sports Market
- Major Companies Analysis

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