$14.64 Billion Growth of Smart Sports Equipment Market: Forecast by Product, Geography and Segment, 2021-2025

The market is fragmented and the degree of fragmentation will slow down over 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 Armor Inc. are some of the major players in the market.

To make the most of the opportunities, sellers in the market should focus more on 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
    • AEM

43% of the market growth will come from APAC during the forecast period. China and Japan are the major smart sports equipment markets in Asia-Pacific. Market growth in this region will be faster than market growth in other regions.

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

Learn about additional trends impacting the future of the market and the positive and negative consequences for 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 through study, synthesis and summation of data from multiple sources. Our Smart Sports Equipment Market report covers the following areas:

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

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

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Smart Sports Equipment Market 2021-2025: Key Highlights

  • Market CAGR over the forecast period 2021-2025
  • Detailed information on the factors that will contribute to the growth of the smart sports equipment market over 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
  • Market Competitive Landscape Analysis and Detailed Vendor Information
  • Comprehensive details of the factors that will challenge the growth of the Smart Sports Equipment Market vendors

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Golf Equipment Market by Product, Distribution Channel and Geography – Forecast and Analysis 2021-2025: The golf equipment market has the potential to grow in $1.37 billion during the period 2021-2025, and the growth momentum of the market will accelerate at a CAGR of 2.90%. For in-depth research information- Download FREE Sample Report

Scope of the smart sports equipment market

Report cover

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth momentum and CAGR

Slowing down to a CAGR of 24.32%

Market Growth 2021-2025

$14.64 billion

Market structure

Fragmented

Annual growth (%)

18.64

Regional analysis

North America, APAC, Europe, South America and MEA

Successful market contribution

APAC at 43%

Main consumer countries

United States, China, Japan, Germany and United Kingdom

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

adidas AG, Amer Sports Corp., BRG Sports, EGYM Inc., Kinexon GmbH, Mizuno Corp., PUMA SE, Spektacom Technologies Pvt Ltd, STATSports Group Ltd. and Under Armor Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents:
Abstract
Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Predictions for 2020 – 2025

Five forces analysis

  • Summary of the five forces
  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

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
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Overview
  • vendor landscape
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • adidas S.A.
  • Amer Sports Corp.
  • BRG Sports
  • EGYM Inc.
  • Kinexon GmbH
  • Mizuno Corp.
  • PUMA SE
  • Spektacom Technologies Pvt Ltd
  • STATSports Group Ltd.
  • Under Armor Inc.

appendix

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

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