IMARC Group’s report titled “Player Tracking Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, offers a comprehensive analysis of the industry, which comprises insights on the global player tracking market outlook. The global market size reached US$ 5.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.3 Billion by 2028, exhibiting a growth rate (CAGR) of 21.3% during 2023-2028.
Player tracking is utilized to record and track the location of players, balls, or sports equipment via camera or chip-based technologies. It is also used for curating tactics and decisions and augmenting the performance of individuals and the overall team. Player tracking provides essential information on important events that occurred during a game, including individuals involved, event time, player substitution, etc. Presently, key market players are innovating devices by integrating advanced technologies, such as global positioning systems (GPS), that can track, analyze, and improve the performance of athletics with personalized insights and training exercises.
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Player Tracking Market Trends and Drivers:
The growing number of sporting events and tournaments, along with the increasing demand for real-time information to enhance the decision-making process of the games, is primarily driving the player tracking market. Additionally, the widespread adoption of fitness-tracking wearable devices, such as fitness bands and smartwatches, which can monitor the fitness-related activities of professionals, is further bolstering the market growth. Besides this, sports associations are using advanced technological solutions and services to analyze and monitor the health of players and help team management in keeping track of fraudulent activities during the game, which is acting as another significant growth-inducing factor. Moreover, the introduction of customizable player-tracking applications that are integrated with radio frequency identification (RFID) technology is positively influencing the global market. Apart from this, these devices also enable trainers to enhance the performance of athletes by using real-time data for developing training plans based on individual metrics and fatigue thresholds, which is projected to fuel the player tracking market in the coming years.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Component:
- Solutions
- Services
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
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- 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
- Zebra Technologies Corporation
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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