Increasing investment in sports technology, rising the adoption of cloud-based solutions and continuous growth of the internet users drive the growth of the sports coaching platforms market.
According to TechSci Research report, “Sports Coaching Platforms Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027F” The Sports Coaching Platforms market is expected to grow at impressive rate during the forecast period. The key elements driving the global market are an apparent preference for nuclear families, rising consumer purchasing power, increasing needs and awareness about infant protection, and rising infant mortality rates. Furthermore, consumers are buying more baby monitors thanks to the growing popularity of online retail platforms.
Using some automated processes has improved the quality of coaching teams and athletes. Coaches have a wide range of options for strategic movement due to the availability of coaching modules. Athlete health and muscle metrics give trainers more options for boosting athletes’ performance. Athletes and teams train more effectively owing to instant access to annotated video via smartphones. The coaching platforms enable better sports at all levels. Platforms provide information distribution and integration depending on the best course of action. Vendors can encourage improved teamwork and physical preparation. Platforms offer accelerated annotated video distribution to the right audience efficiently.
Artificial intelligence can help coaching and management by monitoring players’ safety, fitness, and health. Artificial intelligence makes early detection and treatment of physical and mental illnesses easier. Wearable gadgets like watches and heart rate monitors have AI that tracks players’ whereabouts off the field and ensures their safety while working out.
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The sports coaching platforms market is segmented based on the type, application, region, and competitive landscape. The non-professional market segment accounted for the major share of the overall market size. One of the reasons for this dominance of the non-professional segment in the sports coaching market is the increasing adoption of home training by coaches to individual athletes in order to ensure more focus and increase the rate of success.
In terms of market share for sports coaching, the subscription segment held the largest market share in and is anticipated to maintain its dominance over the coming years.
The market is divided into basketball, football, baseball, and others depending on the application. The main application behind the growth of the world’s sports coaching platforms is baseball due to its increasing popularity and Baseball needs more coaching and training to secure its share in the market.
The global sports coaching platforms market is segmented into North America, Europe, Asia Pacific, MEA, and South America based on the regional analysis. Because of these factors, the Asia Pacific region held the largest share of the global market for sports coaching platforms. The rising number of internet users in Asia-Pacific nations like China, Japan, and India is one of the most significant factors causing this dominance. Additionally, the Asia-Pacific market is likely to grow due to the rising popularity of sports training among young people and the region’s high adoption rate of cutting-edge technology.
Key market players in the Sports Coaching Platforms market include:
- 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.
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“Increasing the number of internet users influencing the growth of the market for sports coaching platforms. Also, the market for sports coaching platforms has been greatly boosted by the increased adoption of technology such as digitalization, artificial intelligence, and fitness trackers. The rising acceptance of cloud-based solutions is also the main factor propelling the growth of the sports coaching platform. Cloud-based performance management software is more affordable and provides quick access to analytical insights and other metrics.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Sports Coaching Platforms Market – Global Industry Size, Share, Trends, Opportunity, and Forecast 2017-2027 Segmented By Type (Professional and Non-Professional), By Pricing Model (One-Time Licensed, Subscription) By Application (Soccer, Basketball, Swimming, Baseball, Others), By Region, has evaluated the future growth potential of sports coaching platforms globally and provides statistics and information on market structure, size, share, and future growth. The report provides cutting-edge market intelligence and helps decision-makers to make sound investment decisions. Besides, the report also identifies the emerging trends along with essential drivers, challenges, and opportunities present in the sports coaching platforms market.
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