Press release
Sports Technology Market to reach USD 46.98 Bn by 2029, emerging at a CAGR of 16.7 percent and forecast 2023-2029
Sports Technology Market
The Sports Technology Market report aims to provide stakeholders with a thorough analysis of the industry, covering past and current status, forecasted market size, and emerging trends. Utilizing a comprehensive research methodology, the report delves into the complexities of the industry, offering insights in an accessible language. Key aspects covered include market leaders, followers, and new entrants, supported by PORTER and PESTLE analyses.
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Sports Technology Market Research Methodology
In the pursuit of offering a detailed and accurate analysis of the Sports Technology Market, our research methodology follows a rigorous and comprehensive approach. The methodology is designed to ensure reliability, relevance, and depth in understanding the industry landscape. Here's an insight into the key components of our research methodology:
What are Sports Technology Market Dynamics:
The growing utilization of emerging technologies, such as data analytics, artificial intelligence (AI), and machine learning (ML), is a key driver propelling the sports technology market. Team management's emphasis on audience engagement, coupled with the digital transformation of sports venues, is expected to drive technology-driven sports decision-making. However, challenges, including the impact of COVID-19 on sports activities, high initial investments, and budget constraints, pose restraints to the market's widespread adoption.
Sports Technology Market Regional Insights:
In 2022, the European Sports Technology Market claimed the largest share at around 34%. The region's attention to smart stadium technology and stringent safety standards contributes to its market leadership. Esports is also gaining popularity through partnerships and collaborations in the European sector. From 2023 to 2029, Asia Pacific is forecasted to be the fastest-growing regional market. China's leadership in 2021, Japan's contribution as the host of the Tokyo 2021 Olympic Games, and the rising popularity of sports in countries like India, Australia, and Singapore, are key factors fueling the region's prosperity.
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What is Sports Technology Market Segmentation:
by Technology
Devices
Smart Stadium
Analytics & Statistics
Esports
by Sport
Soccer
Baseball
Basketball
Ice Hockey
Football/Rugby
Tennis
Cricket
Golf
Esports
Others
Who are Sports Technology Market Key Players:
1. IBM
2. Ericsson
3. Cisco
4. Fujitsu
5. SAP SE
6. Oracle
7. NEC
8. LG
9. Sharp
10. Samsung
11. Fitbit
12. Apple
13. Garmin
14. Sony
15. ARRI
16. Panasonic Corporation
17. Modern Times Group
18. Activision Blizzard
19. Valve Corporation
20. Tencent
21. CJ Corporation
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The table of content for the Sports Technology Market includes:
Global Sports Technology Market: Research Methodology
Global Sports Technology Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Sports Technology Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4. Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size, and Forecast by Different Segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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