Player Tracking Market Size, Share, Business Opportunities, Outlook & Industry Report 2023-2028 | IMARC Group
According to IMARC Group’s latest report, titled “Player Tracking Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global player tracking market size reached US$ 5.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 5.1 Billion by 2028, exhibiting a growth rate (CAGR) of 21.3% during 2023-2028.
Player tracking is used to track and record the location of players, the ball, or sports equipment via camera or chip-based technologies. It is also utilized for curating tactics and decisions and increasing the performance of individuals and the overall team. Player tracking provides basic information on important events that occurred during a game, including players involved, event time, and player substitution. Presently, key players are innovating player tracking devices by integrating advanced technologies, such as global positioning systems (GPS) that can track, analyze, and improve athletics performance with personalized insights and training exercises.
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Player Tracking Market Trends:
The rising number of sporting events and tournaments across the globe and the elevating demand for real-time information to improve the decision-making process of the games are primarily augmenting the player tracking market. Furthermore, the widespread adoption of advanced technological solutions and services by sports associations to analyze and monitor player performance and health and aid team management in keeping track of fraudulent activities during the game is positively influencing the market growth.
Apart from this, the growing usage of fitness tracking wearable devices, including smartwatches and fitness bands, which can monitor fitness-related activities of professionals is acting as another significant growth-inducing factor. Moreover, the launch of customizable player tracking applications integrated with radio frequency identification (RFID) technology by leading players operating in the industry is also bolstering the global market. Besides this, the inflating utilization of these devices, as they allow trainers to enhance the performance of athletes by using real-time data to develop training plans based on individual metrics and fatigue thresholds is expected to fuel the player tracking market in the coming years.
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Player Tracking Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the player tracking market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Catapult Group International Limited
- JOHAN Sports (Demcon)
- Kinexon
- PlayGineering Systems Ltd
- Polar Electro Oy
- SPT Group Pty Ltd
- Stats Perform
- STATSports Group
- The Chyron Corporation
- Xampion
- and Zebra Technologies Corporation
Key Market Segmentation:
The report has segmented the player tracking market on the basis of component, type, application and end user.
Breakup by Component:
- Solutions
- Service
Breakup by Type:
- Wearables
- Optical
- Application-Based
Breakup by Application:
- Fitness Tracking
- Performance Tracking
- Fraud Detection
- Player Safety
Breakup by End User:
- Team Sport
- Individual Sport
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)
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This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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