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Sports Training Market By Sports Type, By Form, By Application, By Age Group, By Medum : Global Opportunity Analysis and Industry Forecast, 2021-2031

Sports Training Market By Sports Type, By Form, By Application, By Age Group, By Medum : Global Opportunity Analysis and Industry Forecast, 2021-2031

  • August 2022
  • 286 pages
  • ID: 6352470
  • Format: PDF
  • Allied Market Research

Summary

Table of Contents

Sports Training Market By Sports Type (Soccer, Cricket, Baseball, Volleyball), By Form (Academy/ Coaching, Therapy, Sports Analytics), By Application (Men, Women, Kids), By Age Group (Below 20, 21-35, 35 and above), By Medum (Online, Offline): Global Opportunity Analysis and Industry Forecast, 2021-2031

The global sports training market 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. North America was the highest revenue contributor and is estimated to reach $5,7 billion by 2031, with a CAGR of 4.2%.
In the past few years, there has been a considerable increase in the number of women participating in sports and fitness events. Women professionals have become conscious about their health, thus, they opt for fitness programs such as yoga or Zumba and visit fitness centers in order to remain physically fit. In addition, the women engagement in sports fitness have raised owing to the fitness and rising interest in sports activities which is directly boosting the sports training demand.
Sport training requires well equipped facilities and sound infrastructure playing the sport along with a certified trainer who was either a past player of the sport or is a specialist of the sport. The cost of admissions into such facilities can be very high, and the amount to be paid to the trainers is also high due to the level of expertise of the trainer. Many consumers, especially in the developing and underdeveloped countries in the world, belong to the middle and lower income groups and do not have enough money to spare for recreational activities or hobbies. They are unable to pay the high prices of sports training or facility costs, which make them unable to avail the training facilities. This inability of several consumers to pay the high costs for training and infrastructure benefits creates restrictions for market growth.
Various big brands are entering the untapped market where lack of availability of sports facilities and products is witnessed. These key players are setting up sports facilities, sports centers, and play grounds, and correspondingly promoting their products. Likewise, various organizations and NGOs are donating the sports equipment and apparel, building sports facilities, conducting free of cost sports competitions, and training the potential athletes free of cost. Moreover, developing interest of the youth in sports in order to remain fit is anticipated to offer potential opportunities to the market in the near future. These factors altogether significantly contribute towards the growth of the market in untapped regions.
The sports training market is segmented into form, sports type, application, medium, age group, and region. On the basis of form, the market is categorized into Academy/Coaching, therapy, Sports Analytics, and others. On the basis of sports type, it is divided into soccer, cricket, basketball and volleyball. By application, the market is segmented into women, men, and kids. On the basis of medium, the market is divided into online and offline. By age group, the market is divided into below 20, 21-35, 35 & above, and others. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, Australia & New Zealand, South Korea, India and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa, and rest of LAMEA).
By sports type, soccer segment was the highest contributor to the market, in 2021, and is estimated to grow at a CAGR of 5.3% during the forecast period. However, the volleyball segment is expected to witness higher growth rate during the forecast.
Depending on sports training market forecast by form, the academy/ coaching segment led the market in 2021, and is estimated to grow at a CAGR of 5.3% during the forecast period. However, the sports analytics segment dominated the global market.
On the basis of sports training market analysis by application, the men segment exhibited the highest growth in 2021, and is estimated to register a CAGR of 5.3% during the forecast period. However, the kids segment is expected to witness a high growth rate of 6.2% during the forecast period.
On the basis of sports training market analysis by age group, the 21-35 age segment exhibited the highest growth in 2021, and is estimated to register a CAGR of 5.3% during the forecast period. However, the 35 and above segment is expected to witness a high growth rate of 6.1% during the forecast period.
On the basis of sports training market analysis by medium, the offline segment exhibited the highest growth in 2021, and is estimated to register a CAGR of 5.4% during the forecast period. However, the online segment is expected to witness a high growth rate of 6.1% during the forecast period.
Region wise, North America was the highest contributor to the market in 2021, and is estimated to grow at a CAGR of 4.2% during the forecast period. Asia-Pacific region is expected to witness high growth rate during the forecast period.
According to the market players, the major obstacle attributed to the pandemic was the disruption of the supply chain. Furthermore, all the Distribution Channel were nearly shut down in the first quarter of the pandemic. However, online channels such as amazon and flipkart were delivering the essential products. They key players included in the sports training market analysis are -  AMP Sports, AtheleticLogic, Firstbeat Sports Global, EDGE10 Group, CMT Learning, Coach Logic, Coach Me Plus, Fusion Sport, iGamePlanner, Siliconcoach, SoccerLAB, Kitman Labs, P3, LLC, Sparta Science , The Coach Crew, TeamSnap, Inc., and Sportlyzer LLC.

Key Benefits For Stakeholders
-This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the sports training market analysis from 2021 to 2031 to identify the prevailing sports training market opportunities.
-The market research is offered along with information related to key drivers, restraints, and opportunities.
-Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
-In-depth analysis of the sports training market segmentation assists to determine the prevailing market opportunities.
-Major countries in each region are mapped according to their revenue contribution to the global market.
-Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
-The report includes the analysis of the regional as well as global sports training market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Sports Type
- Soccer
- Cricket
- Baseball
- Volleyball

By Form
- Academy/ Coaching
- Therapy
- Sports Analytics

By Application
- Men
- Women
- Kids

By Age Group
- Below 20
- 21-35
- 35 and above

By Medum
- Online
- Offline

By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- New Zealand
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- Saudi Arabia
- South Africa
- Rest of LAMEA
- Key Market Players
- AMP Sports
- Athletic Logic
- Firstbeat Sports
- EDGE10
- CMT Learning
- Coach Logic
- CoachMePlus
- Fusion Sport
- GamePlanner Limited
- Siliconcoach
- Soccerlab
- Kitmanlabs
- P3, LLC
- Sportlyzer
- Spartascience
- TeamSnap
- The Coach Crew

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