Press release
Sports Coaching Platforms Market Size, Industry Insights, Growth Analysis Report 2024 To 2033
Sports Coaching Platforms Market
Market Size And Growth Forecast:
The sports coaching platforms market size has grown exponentially in recent years. It will grow from $0.29 billion in 2023 to $0.35 billion in 2024 at a compound annual growth rate (CAGR) of 20.8%. The growth in the historic period can be attributed to rise in sports participation, individualized training programs, globalization of sports, athlete performance monitoring, youth sports development.
The sports coaching platforms market size is expected to see rapid growth in the next few years. It will grow to $0.72 billion in 2028 at a compound annual growth rate (CAGR) of 19.7%. The growth in the forecast period can be attributed to remote and online coaching, data analytics integration, athlete mental health focus, expansion of e-sports coaching, technological integration for engagement. Major trends in the forecast period include collaborative and social learning features, focus on mental health and well-being, remote coaching and virtual training sessions, gamification of training programs, subscription-based coaching models.
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Market Segmentation:
The sports coaching platforms market covered in this report is segmented -
1) By Type: Professional, Non - Professional
2) By Pricing Model: One Time License, Subscription
3) By Application: Soccer, Basketball, Swimming, Baseball, Other Applications
Major Driver - The Influence Of Rising Internet Users On The Sports Coaching Platforms Market
The increasing number of internet users is expected to propel the growth of the sports coaching platforms market going forward. Internet users are individuals who access the internet from any location. The expanding number of internet users gives evolving tools for coaching players and employing technology in coaching approaches allows instructors to communicate information to players in a manner they are familiar with and understand. For instance, in January 2023, according to DataReportal, a Singapore-based online reference library, 5.16 billion individuals are using the internet worldwide, or 64.4% of the world's population. The number of internet users also continues to increase from 5,060 million in 2022 to 3,158 million in 2023. Therefore, increasing internet users are driving the growth of the sports coaching platforms market.
Competitive Landscape:
Major companies operating in the sports coaching platforms market report are TrackMan A/S, TeamSnap Inc., Firstbeat Technologies Oy, EDGE10 Group, Uplift Labs Inc., PlaySight Interactive Ltd., Fusion Sport Pty. Ltd., Sportlyzer LLC, FieldLevel Inc., CoachLogix, Coach Logic, Sports Performance Systems Pty Ltd., AMP Sports, Athletic Logic, Coach Me Plus, Coach's Eye, Grabba International Pty. Ltd., iGamePlanner Ltd., Sideline Sports, Siliconcoach, SoccerLAB, TopSportsLab NV, SyncStrength, MotionPro Sports Inc., Metrica Sports Ltd., Joga Bonito Sports Company, CoachNow Inc., Agile Sports Technologies Inc. Sports Visio, Coach Up Inc.
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Top Trend - Strategic Partnership Unveils AI-Powered Comparative Training Platform In Sports Coaching
Major companies operating in the sports coaching platforms market are adopting a strategic partnership approach to launch AI-powered comparative training platform. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in December 2023, BeOne Sports, a US-based sports technology company, partnered with MobiDev, a US-based software development company. As a result of the partnership, a comparative AI training platform is set to be introduced, enhancing BeOne Sports' mobile app by incorporating MobiDev's Human Pose Estimation (HPE) technology. This integration will enable real-time feedback, as the AI engine tracks movement and key points of the body, offering insights into users' form by comparing it to that of elite athletes and providing constructive feedback.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Sports Coaching Platforms Market Characteristics
3. Sports Coaching Platforms Market Trends And Strategies
4. Sports Coaching Platforms Market - Macro Economic Scenario
5. Sports Coaching Platforms Market Size And Growth
…..
27. Sports Coaching Platforms Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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