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Global Sports Coaching Platform Market 2019-2023 | 33% CAGR Projection Over the Next Five Years | Technavio

LONDON--(BUSINESS WIRE)--Oct 15, 2019--

The sports coaching platform market size is expected to post a CAGR close to 33% during the period 2019-2023, according to the latest market research report by Technavio.

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Technavio has announced its latest market research report titled global sports coaching platforms market 2019-2023. (Graphic: Business Wire)

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The growing focus on video analytics is one of the major reasons for the growth of sports coaching platform market. Video analytics platforms have become a prominent tool for analyzing player performance and streamlining team functioning. These platforms facilitate decision making and training for managers and directors of sports clubs, leagues, and associations. The growing popularity of video analytics is also attributed to the rising adoption of sports software. The increasing popularity and dipping prices of video analytics platforms are fueling their adoption in various developing economies such as India and Brazil.

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As per Technavio, the growth in the use of wearable devices will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Sports Coaching Platform Market: Growth in Use of Wearable Devices

There has been a significant rise in the adoption of wearable devices over the years, led by technological advances in the global sports market. Wearable devices, including Fitbit trackers and smartwatches, have inbuilt sensors that enable athletes and coaches to monitor and track their activities. Specialized wearables are available for boxers, basketball players, and volleyball players that measure the performance of players and send out alerts. The data gathered through wearables helps coaches in developing insights using sports analytics platforms. Thus, the growth in use of wearable devices will drive the growth of the sports coaching platforms market during the forecast period.

“Apart from the growth in the use of wearable devices, other factors such as the increase in investments in sports technology startups, and the advent of visual technologies for coaching will have a positive impact on the sports coaching platform market growth during the forecast period,” says a senior analyst at Technavio.

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Sports Coaching Platform Market: Segmentation Analysis

This market research report segments the sports coaching platform market by end-user (professional and non-professional) and geography (APAC, Europe, North America, South America, and the Middle East and Africa).

The North American region led the market in 2018, followed by Europe, APAC, South America, and MEA respectively. The growth of the sports coaching platform market share in North America can be attributed to several factors such as the increase in technological advances, and the rising number of investments in the market.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses 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 10,000 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.

If you are interested in more information, please contact our media team at [email protected].

View source version on businesswire.com:https://www.businesswire.com/news/home/20191015005748/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

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SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 10/15/2019 10:15 AM/DISC: 10/15/2019 10:15 AM

http://www.businesswire.com/news/home/20191015005748/en

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