Sports Tracking Market Developments by 2031
Sports have become highly competitive arena where fitness of individuals is of prime importance. Advanced technologies enable players to track their fitness levels as well as performance and thereby enable them to improve their performance. Tracking technologies can monitor athlete performance in real-time and give customized individual feedback in relation to the fitness goals of an individual session or the program as a whole.
MARKET DYNAMICS
Growing demand for real-time data access by sports sector for performance enhancement of players coupled with the need to reduce on-field refereeing errors would drive the growth of sports tracking market during the forecast period. Higher costs of sports tracking coupled with complexities associated with the maintenance of these products are anticipated to hinder the growth of sports tracking market during the forecast period. Advancements in the software technologies for tracking real-time information is anticipated to further provide good opportunities to the players operating in the sports tracking market.
MARKET SCOPE
The "Global Sports Tracking Market Analysis to 2031" is a specialized and in-depth study of technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the sports tracking market with detailed market segmentation by solution, component, end-user, and geography. The global sports tracking market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sports tracking market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global sports tracking market is segmented on the basis of solution, component, and end-user. On the basis of solution, the sports tracking market is segmented optical-based tracking solution, wearable tracking solution, and application-based tracking solution. The sports tracking market on the basis of the component is classified into hardware and software. Based on end-user, the sports tracking market is segmented into individual athletes and team sports.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global sports tracking market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The sports tracking market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of eighteen countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the sports tracking market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the sports tracking market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global sports tracking market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The sports tracking market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of eighteen countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the sports tracking market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the sports tracking market in these regions.
MARKET PLAYERSThe reports cover key developments in the sports tracking market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from sports tracking market are anticipated to lucrative growth opportunities in the future with the rising demand for sports tracking in the global market. Below mentioned is the list of few companies engaged in the sports tracking market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sports tracking market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- Beast Technologies S.r.l.
- Catapult Group
- ChyronHego Corporation
- Kinexon
- Q-track
- SPORTREC
- Sports Tracking Technologies
- SPT Group Pty Ltd.
- STATSports Group
- Zebra Technologies
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Sports Tracking Market - By Solution
1.3.2Sports Tracking Market - By Component
1.3.3Sports Tracking Market - By End-User
1.3.4Sports Tracking Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.SPORTS TRACKING MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.SPORTS TRACKING MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6.SPORTS TRACKING MARKET - GLOBAL MARKET ANALYSIS
6.1.SPORTS TRACKING - GLOBAL MARKET OVERVIEW
6.2.SPORTS TRACKING - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.SPORTS TRACKING MARKET - REVENUE AND FORECASTS TO 2028 - SOLUTION
7.1.OVERVIEW
7.2.SOLUTION MARKET FORECASTS AND ANALYSIS
7.3.OPTICAL-BASED TRACKING SOLUTION
7.3.1.Overview
7.3.2.Optical-based tracking solution Market Forecast and Analysis
7.4.WEARABLE TRACKING SOLUTION
7.4.1.Overview
7.4.2.Wearable tracking solution Market Forecast and Analysis
7.5.APPLICATION-BASED TRACKING SOLUTION
7.5.1.Overview
7.5.2.Application-based tracking solution Market Forecast and Analysis
8.SPORTS TRACKING MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
8.1.OVERVIEW
8.2.COMPONENT MARKET FORECASTS AND ANALYSIS
8.3.HARDWARE
8.3.1.Overview
8.3.2.Hardware Market Forecast and Analysis
8.4.SOFTWARE
8.4.1.Overview
8.4.2.Software Market Forecast and Analysis
9.SPORTS TRACKING MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
9.1.OVERVIEW
9.2.END-USER MARKET FORECASTS AND ANALYSIS
9.3.INDIVIDUAL ATHLETES
9.3.1.Overview
9.3.2.Individual Athletes Market Forecast and Analysis
9.4.TEAM SPORTS
9.4.1.Overview
9.4.2.Team sports Market Forecast and Analysis
10.SPORTS TRACKING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Sports Tracking Market Overview
10.1.2North America Sports Tracking Market Forecasts and Analysis
10.1.3North America Sports Tracking Market Forecasts and Analysis - By Solution
10.1.4North America Sports Tracking Market Forecasts and Analysis - By Component
10.1.5North America Sports Tracking Market Forecasts and Analysis - By End-User
10.1.6North America Sports Tracking Market Forecasts and Analysis - By Countries
10.1.6.1United States Sports Tracking Market
10.1.6.1.1United States Sports Tracking Market by Solution
10.1.6.1.2United States Sports Tracking Market by Component
10.1.6.1.3United States Sports Tracking Market by End-User
10.1.6.2Canada Sports Tracking Market
10.1.6.2.1Canada Sports Tracking Market by Solution
10.1.6.2.2Canada Sports Tracking Market by Component
10.1.6.2.3Canada Sports Tracking Market by End-User
10.1.6.3Mexico Sports Tracking Market
10.1.6.3.1Mexico Sports Tracking Market by Solution
10.1.6.3.2Mexico Sports Tracking Market by Component
10.1.6.3.3Mexico Sports Tracking Market by End-User
10.2.EUROPE
10.2.1Europe Sports Tracking Market Overview
10.2.2Europe Sports Tracking Market Forecasts and Analysis
10.2.3Europe Sports Tracking Market Forecasts and Analysis - By Solution
10.2.4Europe Sports Tracking Market Forecasts and Analysis - By Component
10.2.5Europe Sports Tracking Market Forecasts and Analysis - By End-User
10.2.6Europe Sports Tracking Market Forecasts and Analysis - By Countries
10.2.6.1Germany Sports Tracking Market
10.2.6.1.1Germany Sports Tracking Market by Solution
10.2.6.1.2Germany Sports Tracking Market by Component
10.2.6.1.3Germany Sports Tracking Market by End-User
10.2.6.2France Sports Tracking Market
10.2.6.2.1France Sports Tracking Market by Solution
10.2.6.2.2France Sports Tracking Market by Component
10.2.6.2.3France Sports Tracking Market by End-User
10.2.6.3Italy Sports Tracking Market
10.2.6.3.1Italy Sports Tracking Market by Solution
10.2.6.3.2Italy Sports Tracking Market by Component
10.2.6.3.3Italy Sports Tracking Market by End-User
10.2.6.4United Kingdom Sports Tracking Market
10.2.6.4.1United Kingdom Sports Tracking Market by Solution
10.2.6.4.2United Kingdom Sports Tracking Market by Component
10.2.6.4.3United Kingdom Sports Tracking Market by End-User
10.2.6.5Russia Sports Tracking Market
10.2.6.5.1Russia Sports Tracking Market by Solution
10.2.6.5.2Russia Sports Tracking Market by Component
10.2.6.5.3Russia Sports Tracking Market by End-User
10.2.6.6Rest of Europe Sports Tracking Market
10.2.6.6.1Rest of Europe Sports Tracking Market by Solution
10.2.6.6.2Rest of Europe Sports Tracking Market by Component
10.2.6.6.3Rest of Europe Sports Tracking Market by End-User
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Sports Tracking Market Overview
10.3.2Asia-Pacific Sports Tracking Market Forecasts and Analysis
10.3.3Asia-Pacific Sports Tracking Market Forecasts and Analysis - By Solution
10.3.4Asia-Pacific Sports Tracking Market Forecasts and Analysis - By Component
10.3.5Asia-Pacific Sports Tracking Market Forecasts and Analysis - By End-User
10.3.6Asia-Pacific Sports Tracking Market Forecasts and Analysis - By Countries
10.3.6.1Australia Sports Tracking Market
10.3.6.1.1Australia Sports Tracking Market by Solution
10.3.6.1.2Australia Sports Tracking Market by Component
10.3.6.1.3Australia Sports Tracking Market by End-User
10.3.6.2China Sports Tracking Market
10.3.6.2.1China Sports Tracking Market by Solution
10.3.6.2.2China Sports Tracking Market by Component
10.3.6.2.3China Sports Tracking Market by End-User
10.3.6.3India Sports Tracking Market
10.3.6.3.1India Sports Tracking Market by Solution
10.3.6.3.2India Sports Tracking Market by Component
10.3.6.3.3India Sports Tracking Market by End-User
10.3.6.4Japan Sports Tracking Market
10.3.6.4.1Japan Sports Tracking Market by Solution
10.3.6.4.2Japan Sports Tracking Market by Component
10.3.6.4.3Japan Sports Tracking Market by End-User
10.3.6.5South Korea Sports Tracking Market
10.3.6.5.1South Korea Sports Tracking Market by Solution
10.3.6.5.2South Korea Sports Tracking Market by Component
10.3.6.5.3South Korea Sports Tracking Market by End-User
10.3.6.6Rest of Asia-Pacific Sports Tracking Market
10.3.6.6.1Rest of Asia-Pacific Sports Tracking Market by Solution
10.3.6.6.2Rest of Asia-Pacific Sports Tracking Market by Component
10.3.6.6.3Rest of Asia-Pacific Sports Tracking Market by End-User
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Sports Tracking Market Overview
10.4.2Middle East and Africa Sports Tracking Market Forecasts and Analysis
10.4.3Middle East and Africa Sports Tracking Market Forecasts and Analysis - By Solution
10.4.4Middle East and Africa Sports Tracking Market Forecasts and Analysis - By Component
10.4.5Middle East and Africa Sports Tracking Market Forecasts and Analysis - By End-User
10.4.6Middle East and Africa Sports Tracking Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Sports Tracking Market
10.4.6.1.1South Africa Sports Tracking Market by Solution
10.4.6.1.2South Africa Sports Tracking Market by Component
10.4.6.1.3South Africa Sports Tracking Market by End-User
10.4.6.2Saudi Arabia Sports Tracking Market
10.4.6.2.1Saudi Arabia Sports Tracking Market by Solution
10.4.6.2.2Saudi Arabia Sports Tracking Market by Component
10.4.6.2.3Saudi Arabia Sports Tracking Market by End-User
10.4.6.3U.A.E Sports Tracking Market
10.4.6.3.1U.A.E Sports Tracking Market by Solution
10.4.6.3.2U.A.E Sports Tracking Market by Component
10.4.6.3.3U.A.E Sports Tracking Market by End-User
10.4.6.4Rest of Middle East and Africa Sports Tracking Market
10.4.6.4.1Rest of Middle East and Africa Sports Tracking Market by Solution
10.4.6.4.2Rest of Middle East and Africa Sports Tracking Market by Component
10.4.6.4.3Rest of Middle East and Africa Sports Tracking Market by End-User
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Sports Tracking Market Overview
10.5.2South and Central America Sports Tracking Market Forecasts and Analysis
10.5.3South and Central America Sports Tracking Market Forecasts and Analysis - By Solution
10.5.4South and Central America Sports Tracking Market Forecasts and Analysis - By Component
10.5.5South and Central America Sports Tracking Market Forecasts and Analysis - By End-User
10.5.6South and Central America Sports Tracking Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Sports Tracking Market
10.5.6.1.1Brazil Sports Tracking Market by Solution
10.5.6.1.2Brazil Sports Tracking Market by Component
10.5.6.1.3Brazil Sports Tracking Market by End-User
10.5.6.2Argentina Sports Tracking Market
10.5.6.2.1Argentina Sports Tracking Market by Solution
10.5.6.2.2Argentina Sports Tracking Market by Component
10.5.6.2.3Argentina Sports Tracking Market by End-User
10.5.6.3Rest of South and Central America Sports Tracking Market
10.5.6.3.1Rest of South and Central America Sports Tracking Market by Solution
10.5.6.3.2Rest of South and Central America Sports Tracking Market by Component
10.5.6.3.3Rest of South and Central America Sports Tracking Market by End-User
11.INDUSTRY LANDSCAPE
11.1.MERGERS AND ACQUISITIONS
11.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3.NEW PRODUCT LAUNCHES
11.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12.SPORTS TRACKING MARKET, KEY COMPANY PROFILES
12.1.BEAST TECHNOLOGIES S.R.L.
12.1.1.Key Facts
12.1.2.Business Description
12.1.3.Products and Services
12.1.4.Financial Overview
12.1.5.SWOT Analysis
12.1.6.Key Developments
12.2.CATAPULT GROUP
12.2.1.Key Facts
12.2.2.Business Description
12.2.3.Products and Services
12.2.4.Financial Overview
12.2.5.SWOT Analysis
12.2.6.Key Developments
12.3.CHYRONHEGO CORPORATION
12.3.1.Key Facts
12.3.2.Business Description
12.3.3.Products and Services
12.3.4.Financial Overview
12.3.5.SWOT Analysis
12.3.6.Key Developments
12.4.KINEXON
12.4.1.Key Facts
12.4.2.Business Description
12.4.3.Products and Services
12.4.4.Financial Overview
12.4.5.SWOT Analysis
12.4.6.Key Developments
12.5.Q-TRACK
12.5.1.Key Facts
12.5.2.Business Description
12.5.3.Products and Services
12.5.4.Financial Overview
12.5.5.SWOT Analysis
12.5.6.Key Developments
12.6.SPORTREC
12.6.1.Key Facts
12.6.2.Business Description
12.6.3.Products and Services
12.6.4.Financial Overview
12.6.5.SWOT Analysis
12.6.6.Key Developments
12.7.SPORTS TRACKING TECHNOLOGIES
12.7.1.Key Facts
12.7.2.Business Description
12.7.3.Products and Services
12.7.4.Financial Overview
12.7.5.SWOT Analysis
12.7.6.Key Developments
12.8.SPT GROUP PTY LTD.
12.8.1.Key Facts
12.8.2.Business Description
12.8.3.Products and Services
12.8.4.Financial Overview
12.8.5.SWOT Analysis
12.8.6.Key Developments
12.9.STATSPORTS GROUP
12.9.1.Key Facts
12.9.2.Business Description
12.9.3.Products and Services
12.9.4.Financial Overview
12.9.5.SWOT Analysis
12.9.6.Key Developments
12.10.ZEBRA TECHNOLOGIES
12.10.1.Key Facts
12.10.2.Business Description
12.10.3.Products and Services
12.10.4.Financial Overview
12.10.5.SWOT Analysis
12.10.6.Key Developments
13.APPENDIX
13.1.ABOUT THE INSIGHT PARTNERS
13.2.GLOSSARY OF TERMS
1. Beast Technologies S. r. l.
2. Catapult Group
3. ChyronHego Corporation
4. Kinexon
5. Q-track
6. SPORTREC
7. Sports Tracking Technologies
8. SPT Group Pty Ltd.
9. STATSports Group
10. Zebra Technologies
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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