USD 14.64 Billion Growth in Smart Sports Equipment Market: By Product, Geography, and Segment Forecasts, 2021 - 2025 | Market Size, Share & Trends Analysis

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Jan 03, 2022, 05:00 ET

NEW YORK, Jan. 3, 2022 /PRNewswire/ -- The Smart Sports Equipment Market value is set to grow by USD 14.64 billion, as per the latest report by Technavio

To know the exact growth variance and the Y-O-Y growth rate Request a free sample report.

Latest market research report titled Smart Sports Equipment Market has been announced by Technavio which is proudly partnering with Fortune 500 companies for over 16 years

The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. adidas AG, Amer Sports Corp., BRG Sports, EGYM Inc., Kinexon GmbH, Mizuno Corp., PUMA SE, Spektacom Technologies Pvt Ltd, STATSports Group Ltd., and Under Armour Inc. are some of the major market participants.

To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Smart Sports Equipment Market 2021-2025: Segmentation

Product

Ball Sports
Fitness Sports
Other Sports

Geography

North America
APAC
Europe
South America
MEA

43% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for smart sports equipment in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The increased adoption of connected wearable devices and the rising demand for sports analytics platforms will facilitate the smart sports equipment market growth in APAC over the forecast period.

Learn more about the additional trends impacting the future of the market and the positive and negative consequences on the businesses. Download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR71731

Smart Sports Equipment Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our Smart Sports Equipment Market report covers the following areas:

The smart sports equipment market share growth by the ball sports segment will be significant during the forecast period. The increasing demand for sports analytics platforms that rely on inputs obtained from connected sensors and connected equipment, such as connected tennis rackets, golf drivers and clubs, and baseballs, drives the growth of the segment.

Smart Sports Equipment Market 2021-2025: Vendor Analysis
We provide a detailed analysis of vendors operating in the Smart Sports Equipment Market. Backed with competitive intelligence and benchmarking, our research reports on the Smart Sports Equipment Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Smart Sports Equipment Market 2021-2025: Key Highlights

CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist smart sports equipment market growth during the next five years
Estimation of the smart sports equipment market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the smart sports equipment market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of smart sports equipment market vendors

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Smart Sports Equipment Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Decelerate at a CAGR of 24.32%
Market growth 2021-2025	$ 14.64 billion
Market structure	Fragmented
YoY growth (%)	18.64
Regional analysis	North America, APAC, Europe, South America, and MEA
Performing market contribution	APAC at 43%
Key consumer countries	US, China, Japan, Germany, and UK
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	adidas AG, Amer Sports Corp., BRG Sports, EGYM Inc., Kinexon GmbH, Mizuno Corp., PUMA SE, Spektacom Technologies Pvt Ltd, STATSports Group Ltd., and Under Armour Inc.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:
Executive Summary
Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Product

Market segments
Comparison by Product
Ball sports - Market size and forecast 2020-2025
Fitness sports - Market size and forecast 2020-2025
Other sports - Market size and forecast 2020-2025
Market opportunity by Product

Customer landscape
Geographic Landscape

Geographic segmentation
Geographic comparison
North America - Market size and forecast 2020-2025
APAC - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends

Vendor Landscape

Overview
Vendor landsape
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
adidas AG
Amer Sports Corp.
BRG Sports
EGYM Inc.
Kinexon GmbH
Mizuno Corp.
PUMA SE
Spektacom Technologies Pvt Ltd
STATSports Group Ltd.
Under Armour Inc.

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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