The sports coaching platform market share is expected to increase by USD 4.95 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 13.49%.
This sports coaching platform market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers sports coaching platform market segmentation by end-user (professional and non-professional) and geography (North America, Europe, APAC, South America, and MEA). The sports coaching platform market report also offers information on several market vendors, including Catapult Group International Ltd., CAM Solutions Ltd., Edge 10 Group, International Business Machines Corp., NEX Team Inc., Performa Sports Ltd., Prevent Biometrics, SAP SE, Sportlyzer LLC, and WHOOP Inc. among others.
What will the Sports Coaching Platform Market Size be During the Forecast Period?
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Sports Coaching Platform Market: Key Drivers, Trends, and Challenges
The increasing adoption of cloud-based solutions is notably driving the sports coaching platform market growth, although factors such as fragmented and unorganized market structure may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the sports coaching platform industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Sports Coaching Platform Market Driver
One of the key factors driving growth in the sports coaching platform market is the increasing adoption of cloud-based solutions. Vendors like SAP and IBM are expected to mainly drive the adoption of cloud-based solutions in the global sports coaching platform market. Cloud-based performance management software is cost-effective and enables easy access to analytical insights and other performance indicators. SAP Sports One, offered by SAP, is a cloud-based solution that offers a plethora of solutions to coaches, managers, and other stakeholders and effective and efficient sports teams management solutions. Similarly, IBM, through IBM Watson solutions, offers a cloud-based cognitive app that analyzes considerable performance data to provide critical information to athletes, coaches, and teams for them to make informed decisions.
Key Sports Coaching Platform Market Trend
The increase in investments in sports technology startups is another factor supporting the sports coaching platform share growth. The global sports coaching platform market has been witnessing increasing investments in sports technology startups. There has been a significant increase in companies expanding into new markets. Owing to the booming investment activities in the field of sports, various investors, including venture capitalists, are increasingly investing in sports technology. From wearable devices to gaming, fan engagement technology, smart arenas, and fantasy sports leagues, and sports technologies have revolutionized the manner in which athletes and teams compete. This has prompted many sports leagues as well as startups to heavily invest in sports technologies. A similar trend can be expected in the global sports coaching platform market during the forecast period.
Key Sports Coaching Platform Market Challenge
The fragmented and unorganized market structure will be a major challenge for the sports coaching platform market during the forecast period. The global sports coaching platform market has a highly fragmented market structure owing to the presence of a strong mix of regional, local, and well-established international vendors in the market. The market is prominent in developed economies and is underdeveloped in developing economies. The high fragmentation of the market has resulted in a saturated market structure in most developed countries, including the US and the UK. Therefore, there is less scope for various startups entering the market; the only possibility of entering the market is through collaborations with established vendors in the market. The fragmented structure of the market has resulted in the slower growth of such platforms in developed countries compared with the growth of these platforms in emerging countries.
This sports coaching platform market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Parent Market Analysis
Technavio categorizes the global sports coaching platform market as a part of the global information technology spending market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the sports coaching platform market during the forecast period.
Who are the Major Sports Coaching Platform Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Catapult Group International Ltd.
- CAM Solutions Ltd.
- Edge 10 Group
- International Business Machines Corp.
- NEX Team Inc.
- Performa Sports Ltd.
- Prevent Biometrics
- SAP SE
- Sportlyzer LLC
- WHOOP Inc.
This statistical study of the sports coaching platform market encompasses successful business strategies deployed by the key vendors. The sports coaching platform market is fragmented and the vendors are deploying growth strategies such as focusing on innovative sports coaching technologies and additional platform features offered to their customers to compete in the market.
Product Insights and News
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Catapult Group International Ltd.- The company offers sports coaching platform such as Catapult MatchTracker, Catapult Thunder, and Catapult Vision.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The sports coaching platform market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Sports Coaching Platform Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the sports coaching platform market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the information technology spending market. includes the following core components:
- Research and development
- Developers or manufacturers
- Sales and distribution
- End-users
The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.
Which are the Key Regions for Sports Coaching Platform Market?
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28% of the market’s growth will originate from North America during the forecast period. The US is the key market for sports coaching platforms in North America. Market growth in this region will be slower than the growth of the market in other regions.
The significant increase in technological advances in the region, along with the rising number of investments in the market will facilitate the sports coaching platform market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The outbreak of COVID-19 negligibly impacted the regional sports coaching platform market in 2020. The imposition of lockdown has further forced people to stay at home and continue their daily practices via various sports coaching and training platforms and practice remotely. This surged the demand for sports coaching platforms in 2020-2021. However, as the spread of the virus is controlled which is by imposing certain strict laws and restrictions, the lockdown was removed periodically across the region. This has further led to the gradual re-opening of stadiums and practice grounds, which is expected to hinder the growth of the regional market during the forecast period.
What are the Revenue-generating End-user Segments in the Sports Coaching Platform Market?
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The sports coaching platform market share growth by the professional segment will be significant during the forecast period. The increasing focus on procurement of cost-effective solutions such as cloud-based solutions for hosting athlete data and monitoring athlete data are the major factors expected to drive the growth of the market in the region. The increasing demand for effective sports coaching software and the growing adoption of sports analytics platforms among sports clubs, leagues, and sports associations are the other factors that are expected to drive market growth during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the sports coaching platform market size and actionable market insights on post COVID-19 impact on each segment.
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Sports Coaching Platform Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 13.49% |
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Market growth 2021-2025 |
$ 4.95 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
12.94 |
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Regional analysis |
North America, Europe, APAC, South America, and MEA |
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Performing market contribution |
North America at 28% |
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Key consumer countries |
US, UK, Germany, China, and Australia |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Catapult Group International Ltd., CAM Solutions Ltd., Edge 10 Group, International Business Machines Corp., NEX Team Inc., Performa Sports Ltd., Prevent Biometrics, SAP SE, Sportlyzer LLC, and WHOOP Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
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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. |
What are the Key Data Covered in this Sports Coaching Platform Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive sports coaching platform market growth during the next five years
- Precise estimation of the sports coaching platform market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the sports coaching platform industry across North America, Europe, APAC, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of sports coaching platform market vendors
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