What is Soccer Sport Technology Market Scope?
Sports around the world have started incorporating technology in their play and umpiring for better and accurate results. Soccer or Football to has been part of this club which enjoys technological inventions and innovations being used in play, while some of them have been controversial others have been welcomed. Overall the game has widely benefited from the implementation of various soccer sports technologies. Even Artificial intelligence and machine learning are taken to help to better assess the player’s health and prevent injuries. Soccer or Football in general has seen the highest investments in technology innovations.
The Soccer Sport Technology market study is being classified and major geographies with country level break-up.
The market of football technology is still very new and in its embryo stage. Various big tech and startups are contesting to hold a grip on the market. Sony Corporation, STATSports Group Ltd., Catapult Sports, and ChyronHego Corp. are currently the dominant players in this market. Football enjoys the highest investment in sports technology with respect to other sports, which is a big driver for innovation in soccer technology over the coming years Research Analyst at AMA predicts that Players from United States will contribute to the maximum growth of Global Soccer Sport Technology market throughout the predicted period.
STATSports Group Ltd. (United Kingdom), Catapult Sports (Australia), Sony Corporation (Japan), Microsoft Corporation (United States), SAP (Germany), IBM Corporation (India), Sportradar AG (Switzerland), ChyronHego Corporation (United States), Cairos Technology AG (Germany) and Fujitsu Limited (Japan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Stats Perform (United States), Agile Sports Technologies, Inc. (United States) and Kitman Labs Ltd. (United States).
Analyst at AMA have segmented the market study of Global Soccer Sport Technology market by Type, Application and Region.
On the basis of geography, the market of Soccer Sport Technology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In 2020, Kitman Labs Ltd., which is the market leader in sports analytics announced the completion of the acquisition of The Sports Office, innovators in athlete data management. The two companies aim at combining their synergy in big data, managing large data sets, and data science-enabled analytics in sports.
In 2020, Catapult Sports, the leader in sports performance technology acquired an online community of coaches, engagement, training, and learning website Science For Sport.
Influencing Market Trend
- Increasing Focus on Application of Big Data Analytics to Assess the Conditions, Prevent Players Injuries, and Predict the Results
- Availability of Large Amounts of On-Field Data
- Advancement and Innovations in Computing Offerings
- Rising Number of Sports Tech Start-Ups
- Growing Investments in Innovation of New Soccer Technologies
- Interactive Platforms with Fans Like Esport Platforms
- Performance Enhancement, Health Monitoring and Injury Prevention Systems have a Wide Scope to Grow in Middle Income Economies
- Lack of Funds and Budget Constraints with Some Teams or Leagues
- Less Awareness About Broadness in Soccer Sport Technology
- Lack of Skilled People who can Operate the Technology
- Partial Failures of Some Technology has Driven Controversies Regarding those Technologies
Key Target AudienceSoccer Technology Ser, Suppliers and Distributors, New Entrants/Investors, Analysts And Strategic Business Planners, Venture Capitalists and Private Equity Firms, Soccer Clubs, Teams, and Governing Bodies of Soccer and Others
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