Portland,OR, June 23, 2023 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global Sports Training Market Size was valued at $11.00 billion in 2021, and is projected to reach $18.85 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.
Download Report Sample PDF: https://www.alliedmarketresearch.com/request-sample/17320
Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2022–2031 |
| Base Year | 2021 |
| Market Size in 2021 | $11.0 billion |
| Market Size in 2031 | $18.8 billion |
| CAGR | 5.7% |
| No. of Pages in Report | 286 |
| Segments covered | Sports Type, Form, Application, Age Group, Medium, and Region. |
| Drivers | Rise in various coaching models, such as sports coaching, psychological coaching, and career coaching, etc., in the present coaching environment |
| Opportunities | Wearable technology in athletics |
| Restraints | Growth of e-sports |
Covid-19 Scenario:
- The outbreak of the COVID-19 pandemic had a negative impact on the growth of the global sports training market, owing to implementation of global lockdown which resulted to temporary suspension of the majority of athletic competitions.
- The majority of sports training facilities and community fitness centers were closed, denying athletes access to equipment for strength and conditioning. As a result, athletes were forced to drastically alter their training routines and surroundings without enough time to buy the right training equipment.
Procure Complete Report (286 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/152af7affcffaccd8912829f5c79e8c6
The research provides detailed segmentation of the global sports training market based on form, sports type, application, medium, age group, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.
Based on sports type, the soccer segment held the highest share in 2021, accounting for more than two-fifths of the global sports training market, and is expected to continue its leadership status during the forecast period. However, the volleyball segment is expected to register the highest CAGR of 6.3% from 2022 to 2031.
Based on application, the men segment accounted for the highest share in 2021, contributing to nearly three-fifths of the global sports training market, and is expected to maintain its lead in terms of revenue during the forecast period. However, the kids segment is expected to manifest the highest CAGR of 6.2% from 2022 to 2031.
Based on age group, the 21-35 segment accounted for the highest share in 2021, holding nearly half of the global sports training market, and is expected to continue its leadership status during the forecast period. However, the 35 and above segment is estimated to grow at the highest CAGR of 6.1% during the forecast period.
Based on region, North America held the largest share in 2021, contributing to more than one-third of the global sports training market share. In addition, the Asia-Pacific region is expected to manifest the fastest CAGR of 7.0% during the forecast period, and is projected to maintain its dominant share in terms of revenue in 2031.
Enquire before buying: https://www.alliedmarketresearch.com/purchase-enquiry/17320
Leading market players of the global sports training market analyzed in the research include Sportlyzer, Spartascience, TeamSnap, GamePlanner Limited, Athletic Logic, AMP Sports, The Coach Crew, Fusion Sport, Siliconcoach, Coach Logic, Kitmanlabs, CoachMePlus, EDGE10, CMT Learning, P3, LLC, Firstbeat Sports, Soccerlab.
The report provides a detailed analysis of these key players of the global sports training market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Similar Reports We Have on Consumer Goods Industry:
• Sports Events Market is projected to reach $609.07 billion by 2031
• Canada Sports Training Market Opportunity Analysis and Industry Forecast, 2021-2031
• Mexico Sports Training Market Opportunity Analysis and Industry Forecast, 2021-2031
• Europe Sports Training Market Opportunity Analysis and Industry Forecast, 2021-2031
• UK Sports Training Market Opportunity Analysis and Industry Forecast, 2021-2031
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com/reports-store/consumer-goods
Follow Us on Blog: https://www.dailyreportsworld.com
