Global Sports Coaching Platforms Market is estimated to witness a rise in revenue from US$ 391.4 Mn in 2021 to US$ 849.3 Mn by 2027. The market is registering growth at a CAGR of 13.8% during the forecast period 2022-2027.
Sports coaching platforms market leverage better software technology, they support high-quality data gathering and sharing in the specific sport or activity in which they are being used. Platform coaching modules are highly targeted to specific situations. Sports coaching platforms make teams more functional and also improve players' performance. These platforms are transforming the sports industry globally as they utilize online platforms to guide, teach, train, and also keep track of the client’s data and their schedules.
In order to train and track the performances of athletes via any remote location, the platform uses smartphones, laptops, and tablets. In the past few years, digitization across the globe has resulted in significant growth in sports coaching platforms. The growing requirement for sports coaching platforms in the sports industry is driving the growth of the market over the forecast years.
In the sports industry, a sports coaching platform is used to assist coaches/trainers in order to use modern technology to monitor, teach, guide, and advance the physical and mental performance of an athlete. This platform monitors every aspect of the athlete such as sleep tracking, endurance, blood oxygen level, heart rate, and others. In addition, sports coaches team up with platform service providers to guide fitness enthusiasts, athletes, and others.
The favorable government initiative in sports activities is a major driving factor that boosts the demand for the sports coaching platform market globally. Moreover, the growing consumer awareness towards the virtual platforms coupled with technological advancements has augmented the market growth. Furthermore, the increasing adoption of video analytics platforms has further promoted the growth in the usage of sports coaching platforms market to a great extent. As it is capable of offering both real-time analysis and post-match analysis for data collection and analysis part. In addition, there has been an increased usage of video analytical platforms in electrical and electronic devices which further strengthens the demand for sports coaching platforms in smart electronic devices.
Report Summary
The study of the global sports coaching platforms market considers various market determinants, industry value chain analysis, and competitor analysis of the market. The report discusses the analysis of the sports coaching platforms industry for the period 2017-2027, where the base year is 2021 and the forecast period is 2022-2027. The report provides a detailed analysis of the global sports coaching platforms market across 14 Chapters and 179 pages. The report includes data presentation across 24 tables and 65 statistical figures.
The report provides PESTLE analysis, which is a tool to examine the external market environment factors that have an impact on the industry. The PESTLE analysis examines the Political, Economic, Social, Technological, Environmental, and Legal factors in the external environment. Thus, sufficiently examining the threats and weaknesses of the industry. The research report also provides Porter’s five forces analysis wherein the bargaining power of buyers and competitive rivalry is high.
The subsequent section provides details of the market analysis based on different segments such as type, pricing model, application, and region. The report includes a detailed study of the value chain of the industry. It includes platform designing, technology integration, service provider, and end-users. The report also covers extensively the key competitors in the market for sports coaching platforms.
Key Takeaways from the Global Sports Coaching Platforms Market Report
Competitive Landscape
The key players in the global sports coaching platforms market are Edge10, First beat, Coach's Eye, AMP Coaching Ltd, AthleticLogic, Coach Logic, CoachMePlus, EDGE10, Firstbeat, Fusion Sport, iGamePlanner, Sideline Sports, SoccerLAB, TeamSnap, and Visual Coaching among others. Global sports coaching platforms market is highly competitive in order to increase their presence in the marketplace through extensive research, it is found that big players have adopted various competitive strategies such as product development and collaboration in order to have a grip in the stabilized global market scenarios. Furthermore, leading companies are expanding their geographical boundaries by acquiring small brands and domestic companies.
Segmentation Overview
The global sports coaching platforms market is segmented based on type, pricing model, application, and region. The industry trends in the global sports coaching platforms market are sub-divided into different categories in order to get a holistic view of the marketplace. Following are the different segments of the global sports coaching platforms market:
By Type segment of the Global Sports Coaching Platforms Market is sub-segmented into:
By Pricing Model segment of the Global Sports Coaching Platforms Market is sub-segmented into:
By Application segment of the Global Sports Coaching Platforms Market is sub-segmented into:
By Region segment of the Global Sports Coaching Platforms Market is sub-segmented into:
Report Attribute | Details |
---|---|
Market Size Value in 2021 | US$ 391.4 Mn |
Expected Revenue in 2027 | US$ 849.3 Mn |
Historic Data | 2017-2020 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Unit | Value (USD Mn) |
CAGR | 13.8% |
Segments covered | By Product Type, Application, and Region |
Key Companies | Edge10, First beat, Coach's Eye, AMP Coaching Ltd, AthleticLogic, Coach Logic, and other prominent players. |
Customization Scope | Get your customized report as per your preference. Ask for customization |
Global Sports Coaching Platforms Market is projected to grow at a CAGR of 13.8% during the forecast period 2022-2027.
Sports coaching platforms are transforming the sports industry globally as they utilize online platforms to guide, teach, train and also keep a track on the client’s data and their schedules.
The size of the global sports coaching platforms market in 2021 was US$ 391.4 Million.
The global sports coaching platforms market is driven by the favorable government initiatives to promote sports activities and increasing adoption of video analytics platforms.
Type, pricing model and application are the different segments of the Global sports coaching platforms market.
This platform monitors every aspect of the athlete such as sleep tracking, endurance, blood oxygen level, heart rate and others.
Based on application, the sports coaching platforms market is segmented into soccer, basketball, swimming, baseball and others.
North America holds a major share in terms of revenue in the global sports coaching platform market in 2021.
High capital investments and budget constraints hampers the growth of the global sports coaching platform market over the forecast period.
Poland is expected to project a highest CAGR in the Europe Sports Coaching Platforms during the forecast period.
Subscription segment holds the highest percentage of share as they are more economic in comparison to one-time license pricing model.
Non-Professional segment is estimated to have the highest market share during the forecast period.
Edge10, first beat, Coach's Eye, AMP Coaching Ltd, AthleticLogic, Coach Logic, CoachMePlus, EDGE10, Firstbeat, Fusion Sport, iGamePlanner, Sideline Sports, SoccerLAB, TeamSnap and Visual Coaching among others are some major key players of the global sports coaching platforms market.