The Sports Coaching Platforms Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).
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The Sports Coaching Platforms Global Market Report 2024 by The Business Research Company reveals a remarkable surge in the sports coaching platforms market, indicating exponential growth in recent years. Forecasts suggest a substantial increase from $0.29 billion in 2024 to $0.35 billion in the same year, with a noteworthy compound annual growth rate (CAGR) of 20.8%. This growth trajectory is underpinned by several key factors such as heightened sports participation rates, the proliferation of personalized training regimes, the globalized landscape of sports, intensified athlete performance monitoring, and initiatives aimed at youth sports development.
Projections for the forthcoming years paint an equally promising picture, with the market poised to expand significantly to $0.72 billion by 2028, representing a robust CAGR of 19.7%. Anticipated drivers of this growth include the burgeoning trend of remote and online coaching, seamless integration of data analytics, an increased emphasis on athlete mental health and well-being, the burgeoning domain of e-sports coaching, and the pervasive integration of technology to enhance engagement levels. Notable trends expected to shape the landscape in the forecast period encompass collaborative and social learning features, heightened focus on mental health and well-being, the proliferation of remote coaching and virtual training sessions, the gamification of training programs, and the adoption of subscription-based coaching models.
The increasing number of internet users is expected to propel the growth of the sports coaching platforms market going forward. Internet users are individuals who access the internet from any location. The expanding number of internet users gives evolving tools for coaching players and employing technology in coaching approaches allows instructors to communicate information to players in a manner they are familiar with and understand. For instance, in January 2024, according to DataReportal, a Singapore-based online reference library, 5.16 billion individuals are using the internet worldwide, or 64.4% of the world's population. The number of internet users also continues to increase from 5,060 million in 2022 to 3,158 million in 2024. Therefore, increasing internet users are driving the growth of the sports coaching platforms market.
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The sports coaching platforms market covered in this report is segmented –
1) By Type: Professional, Non – Professional
2) By Pricing Model: One Time License, Subscription
3) By Application: Soccer, Basketball, Swimming, Baseball, Other Applications
Key players within the sports coaching platforms market are adopting a strategic partnership approach as a means to leverage synergies and propel innovation. This strategy, exemplified by leading companies such as BeOne Sports and MobiDev, entails harnessing complementary strengths and resources to achieve mutual objectives. Notably, the collaboration between BeOne Sports, a US-based sports technology firm, and MobiDev, a renowned software development company, resulted in the inception of a groundbreaking AI-powered comparative training platform. Scheduled for launch in December 2024, this platform represents a paradigm shift, integrating MobiDev's cutting-edge Human Pose Estimation (HPE) technology into BeOne Sports' mobile application. By providing real-time feedback through advanced AI algorithms capable of tracking movement and key anatomical points, this innovative solution offers users invaluable insights into their performance, juxtaposed with elite athletes, thereby facilitating continuous improvement through tailored and constructive feedback mechanisms.
The sports coaching platforms market report table of contents includes:
1. Executive Summary
2. Sports Coaching Platforms Market Characteristics
3. Sports Coaching Platforms Market Trends And Strategies
4. Sports Coaching Platforms Market - Macro Economic Scenario
5. Global Sports Coaching Platforms Market Size and Growth
......
32. Global Sports Coaching Platforms Market Competitive Benchmarking
33. Global Sports Coaching Platforms Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Sports Coaching Platforms Market
35. Sports Coaching Platforms Market Future Outlook and Potential Analysis
36. Appendix
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