Smart Sports Equipment Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Product Type (Balls, Golf Sticks, Hockey Sticks, Rackets and Bats), By End User (Residential and Sports Club), By Distribution Channel (Exclusive Stores, Specialty Stores, Online, and Others (Direct Sales, Distributors, etc.), By Region, Competition

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Summary

Report Description

The global smart sports equipment market is witnessing robust growth owing to the rising demand for smart devices for tracking the performance of athletes, and evaluating various health metrics. Moreover, the rapid implementation of IoT in sports equipment is leading to an increase in the adoption of smart sports equipment.

The rising number of professional athletes globally contribute to the rising demand for smart sports equipment. In 2021, there were over 5,056 professional athletes in the United States, comprising 61.6% men and 38.4% women. Moreover, according to data provided by International Olympic Committee, around 11,000 athletes participated in the Olympic Games in Tokyo 2020.

Sports equipment that are digitally connected to sensors and allow athletes to measure, evaluate, and improve their performance. There are many different types of smart sports equipment on the market. These include Internet-of-things (IoT)-enabled smart basketballs, footballs, rackets, golf sticks, helmets, and other sports equipment.. This llows users to access innovative features that are not offered by conventional sports equipment. For instance, smart balls let users use their smartphones to detect and track analytics about the ball's flight path, spin, and speed.

Adoption of Technological Advancements in Training Techniques are Propelling the Market's Expansion

To accurately identify a person with the potential to become a successful elite player in their particular game, sporting organizations are rigorously investing in talent identification programs. Players of national and international caliber frequently go through some human performance evaluation as part of their training program. Owing to the development of smart athletic equipment, coaches are able to figure out the key areas where the athlete is lacking. . Additionally, Athletes can now obtain more thorough training due to the availability of smart sports equipment.

Moreover, due to the availability of these products, coaches can gauge how hard a player is working and assist players in expanding their understanding of the methods that will be most advantageous to them. Demand for specialized coaches and scouts is rising in response to the growing popularity of professional sports. The following factors that drive demand for sports coaching are anticipated to boost the global market for smart sports gear.

Integration of Internet-of-Things and Artificial Intelligence in Sports Equipment is Driving the Market Growth

In addition, the sports sector has started implementing IoT to produce smart sporting goods. These tools make it easier for enthusiasts, experts, and armatures to keep track of, monitor, and evaluate their performance. Adidas created smart football with IoT integration for the German national football team. Spin, speed, strike, and flight direction were detected by the IoT sensors in the ball. Additionally, the IoT-based smart ball app aids in monitoring players' performance and allows app users to analyze diagnostics. As a result, the market for smart sports equipment is expanding quickly due to the rapid use of IoT.

Additionally, the advent of artificial intelligence in sports equipment and the rising popularity of different consumer products fuel the market growth. The sports equipment equipped with artificial intelligence provides benefits to the users, such as providing advanced personalized training sessions to the athletes and improved identification of the problems where the athletes are lacking behind. These factors are aiding the market growth of smart sports equipment.

Increasing Influence of Brand Sponsorship and Digital Marketing Will Positively Affect the Market Growth

Owing to the rising number of organized and unorganized players in the market, many brands opt for innovative marketing methods to attract a large customer base. With the rising influence of social media among younger fitness enthusiasts, brands are targeting the sports enthusiast through celebrity sponsorship on social media, helping increase its market share. Moreover, with the rising awareness of smart sports equipment through digital marketing among consumers, people have started preferring this equipment to track their health metrics.


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Market Segmentation

The smart sports equipment is segmented based on product type, by end user, by distribution channel and by region. Based on product type, the market is divided into balls, golf sticks, hockey sticks, rackets, and bats. On the basis of end user, the market is divided into residential and sports clubs. Based on Distribution channel, the market is fragmented into exclusive stores, specialty stores, online and others which include direct sales, distributors, etc.. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Company Profiles

Golfsmith International Holdings, Inc.,., Zepp Labs, Inc., HockeyShot Inc., Gridiron Technologies LLC, Under Armour, Inc., MIZUNO Corporation, BRG Sports Inc, Riddell, Inc., Amer Sports Corporation are among the major market players in the global platform that lead the market growth of the global smart sports equipment market.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Product Type

·         End User

·         Distribution Channel

·         Region

Regional Scope

North America, Europe, Asia-Pacific, Middle East & Africa and South America

Country Scope

United States; Canada; Mexico; France; Germany; Spain; Netherlands; United Kingdom; China; India; Japan; Vietnam; South Korea; Indonesia, Saudi Arabia; South Africa; UAE; Turkey; Brazil; Argentina; Colombia

Key Companies Profiled

Golfsmith International Holdings, Inc., HockeyShot Inc., Zepp Labs, Inc., DribbleUp, Inc., Gridiron Technologies LLC, Under Armour, Inc., MIZUNO Corporation, BRG Sports Inc, Riddell, Inc., Amer Sports Corporation

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail of customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, the global smart sports equipment market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Global Smart Sports Equipment Market, By Product Type:
    • Balls
    • Golf Sticks
    • Hockey Sticks
    • Rackets
    • Bats
  • Global Smart Sports Equipment Market, By End User:
    • Residential
    • Sports Clubs
  • Global Smart Sports Equipment Market, By Distribution Channel:
    • Exclusive Stores
    • Specialty Stores
    • Online
    • Others
  • Global Smart Sports Equipment Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • France
      • Germany
      • Spain
      • Netherlands
      • United Kingdom
    • Asia-Pacific
      • China
      • India
      • Japan
      • Vietnam
      • South Korea
      • Indonesia
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • UAE
      • Turkey
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global smart sports equipment market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary         

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer Analysis (B2C Model Analysis)

4.1.  Sample Size Determination

4.2.  Respondent Demographics

4.2.1.     By Gender

4.2.2.     By Age

4.2.3.     By Occupation

4.3.  Brand Awareness

4.4.  Factors Influencing Purchase Decision

4.5.  Customer Satisfaction

4.6.  Challenges Faced After Purchase

5.    Global Smart Sports Equipment Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Product Type Market Share Analysis (Balls, Golf Sticks, Hockey Sticks, Rackets and Bats)

5.2.2.     By End User Market Share Analysis (Residential and Sports Clubs)

5.2.3.     By Distribution Channel Market Share Analysis (Exclusive Stores, Specialty Stores, Online, and Others (Direct Sales, Distributors, etc.))

5.2.4.     By Regional Market Share Analysis

5.2.4.1.         North America Market Share Analysis

5.2.4.2.         South America Market Share Analysis

5.2.4.3.         Middle East & Africa Market Share Analysis

5.2.4.4.         Europe Market Share Analysis

5.2.4.5.         Asia -Pacific Market Share Analysis

5.2.5.     By Company Market Share Analysis

5.3.  Global Smart Sports Equipment Market Mapping & Opportunity Assessment

5.3.1.     By Product Type Market Mapping & Opportunity Assessment

5.3.2.     By End User Market Mapping & Opportunity Assessment

5.3.3.     By Distribution Channel Market Mapping & Opportunity Assessment

5.3.4.     By Regional Market Mapping & Opportunity Assessment

6.    North America Smart Sports Equipment Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Product Type Market Share Analysis

6.2.2.     By End User Market Share Analysis

6.2.3.     By Distribution Channel Market Share Analysis

6.2.4.     By Country Market Share Analysis

6.2.4.1.         United States Smart Sports Equipment Market Outlook

6.2.4.1.1.             Market Size & Forecast

6.2.4.1.1.1. By Value

6.2.4.1.2.             Market Share & Forecast

6.2.4.1.2.1. By Product Type Market Share Analysis

6.2.4.1.2.2. By End User Market Share Analysis

6.2.4.1.2.3. By Distribution Channel Market Share Analysis

6.2.4.2.         Canada Smart Sports Equipment Market Outlook

6.2.4.2.1.             Market Size & Forecast

6.2.4.2.1.1. By Value

6.2.4.2.2.             Market Share & Forecast

6.2.4.2.2.1. By Product Type Market Share Analysis

6.2.4.2.2.2. By End User Market Share Analysis

6.2.4.2.2.3. By Distribution Channel Market Share Analysis

6.2.4.3.         Mexico Smart Sports Equipment Market Outlook

6.2.4.3.1.             Market Size & Forecast

6.2.4.3.1.1. By Value

6.2.4.3.2.             Market Share & Forecast

6.2.4.3.2.1. By Product Type Market Share Analysis

6.2.4.3.2.2. By End User Market Share Analysis

6.2.4.3.2.3. By Distribution Channel Market Share Analysis

7.    Europe Smart Sports Equipment Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Product Type Market Share Analysis

7.2.2.     By End User Market Share Analysis

7.2.3.     By Distribution Channel Market Share Analysis

7.2.4.     By Country Market Share Analysis

7.2.4.1.         France Smart Sports Equipment Market Outlook

7.2.4.1.1.             Market Size & Forecast

7.2.4.1.1.1. By Value

7.2.4.1.2.             Market Share & Forecast

7.2.4.1.2.1. By Product Type Market Share Analysis

7.2.4.1.2.2. By End User Market Share Analysis

7.2.4.1.2.3. By Distribution Channel Market Share Analysis

7.2.4.2.         Germany Smart Sports Equipment Market Outlook

7.2.4.2.1.             Market Size & Forecast

7.2.4.2.1.1. By Value

7.2.4.2.2.             Market Share & Forecast

7.2.4.2.2.1. By Product Type Market Share Analysis

7.2.4.2.2.2. By End User Market Share Analysis

7.2.4.2.2.3. By Distribution Channel Market Share Analysis

7.2.4.3.         Spain Smart Sports Equipment Market Outlook

7.2.4.3.1.             Market Size & Forecast

7.2.4.3.1.1. By Value

7.2.4.3.2.             Market Share & Forecast

7.2.4.3.2.1. By Product Type Market Share Analysis

7.2.4.3.2.2. By End User Market Share Analysis

7.2.4.3.2.3. By Distribution Channel Market Share Analysis

7.2.4.4.         Netherlands Smart Sports Equipment Market Outlook

7.2.4.4.1.             Market Size & Forecast

7.2.4.4.1.1. By Value

7.2.4.4.2.             Market Share & Forecast

7.2.4.4.2.1. By Product Type Market Share Analysis

7.2.4.4.2.2. By End User Market Share Analysis

7.2.4.4.2.3. By Distribution Channel Market Share Analysis

7.2.4.5.         United Kingdom Smart Sports Equipment Market Outlook

7.2.4.5.1.             Market Size & Forecast

7.2.4.5.1.1. By Value

7.2.4.5.2.             Market Share & Forecast

7.2.4.5.2.1. By Product Type Market Share Analysis

7.2.4.5.2.2. By End User Market Share Analysis

7.2.4.5.2.3. By Distribution Channel Market Share Analysis

8.    Asia-Pacific Smart Sports Equipment Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Product Type Market Share Analysis

8.2.2.     By End User Market Share Analysis

8.2.3.     By Distribution Channel Market Share Analysis

8.2.4.     By Country Market Share Analysis

8.2.4.1.         China Smart Sports Equipment Market Outlook

8.2.4.1.1.             Market Size & Forecast

8.2.4.1.1.1. By Value

8.2.4.1.2.             Market Share & Forecast

8.2.4.1.2.1. By Product Type Market Share Analysis

8.2.4.1.2.2. By End User Market Share Analysis

8.2.4.1.2.3. By Distribution Channel Market Share Analysis

8.2.4.2.         Japan Smart Sports Equipment Market Outlook

8.2.4.2.1.             Market Size & Forecast

8.2.4.2.1.1. By Value

8.2.4.2.2.             Market Share & Forecast

8.2.4.2.2.1. By Product Type Market Share Analysis

8.2.4.2.2.2. By End User Market Share Analysis

8.2.4.2.2.3. By Distribution Channel Market Share Analysis

8.2.4.3.         India Smart Sports Equipment Market Outlook

8.2.4.3.1.             Market Size & Forecast

8.2.4.3.1.1. By Value

8.2.4.3.2.             Market Share & Forecast

8.2.4.3.2.1. By Product Type Market Share Analysis

8.2.4.3.2.2. By End User Market Share Analysis

8.2.4.3.2.3. By Distribution Channel Market Share Analysis

8.2.4.4.         Vietnam Smart Sports Equipment Market Outlook

8.2.4.4.1.             Market Size & Forecast

8.2.4.4.1.1. By Value

8.2.4.4.2.             Market Share & Forecast

8.2.4.4.2.1. By Product Type Market Share Analysis

8.2.4.4.2.2. By End User Market Share Analysis

8.2.4.4.2.3. By Distribution Channel Market Share Analysis

8.2.4.5.         South Korea Smart Sports Equipment Market Outlook

8.2.4.5.1.             Market Size & Forecast

8.2.4.5.1.1. By Value

8.2.4.5.2.             By Product Type Market Share Analysis

8.2.4.5.3.             By End User Market Share Analysis

8.2.4.5.4.             By Distribution Channel Market Share Analysis

8.2.4.6.         Indonesia Smart Sports Equipment Market Outlook

8.2.4.6.1.             Market Size & Forecast

8.2.4.6.1.1. By Value

8.2.4.6.2.             Market Share & Forecast

8.2.4.6.2.1. By Product Type Market Share Analysis

8.2.4.6.2.2. By End User Market Share Analysis

8.2.4.6.2.3. By Distribution Channel Market Share Analysis

9.    Middle East & Africa Smart Sports Equipment Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Product Type Market Share Analysis

9.2.2.     By End User Market Share Analysis

9.2.3.     By Distribution Channel Market Share Analysis

9.2.4.     By Country Market Share Analysis

9.2.4.1.         South Africa Smart Sports Equipment Market Outlook

9.2.4.1.1.             Market Size & Forecast

9.2.4.1.1.1. By Value

9.2.4.1.2.             Market Share & Forecast

9.2.4.1.2.1. By Product Type Market Share Analysis

9.2.4.1.2.2. By End User Market Share Analysis

9.2.4.1.2.3. By Distribution Channel Market Share Analysis

9.2.4.2.         Saudi Arabia Smart Sports Equipment Market Outlook

9.2.4.2.1.             Market Size & Forecast

9.2.4.2.1.1. By Value

9.2.4.2.2.             Market Share & Forecast

9.2.4.2.2.1. By Product Type Market Share Analysis

9.2.4.2.2.2. By End User Market Share Analysis

9.2.4.2.2.3. By Distribution Channel Market Share Analysis

9.2.4.3.         UAE Smart Sports Equipment Market Outlook

9.2.4.3.1.             Market Size & Forecast

9.2.4.3.1.1. By Value

9.2.4.3.2.             Market Share & Forecast

9.2.4.3.2.1. By Product Type Market Share Analysis

9.2.4.3.2.2. By End User Market Share Analysis

9.2.4.3.2.3. By Distribution Channel Market Share Analysis

9.2.4.4.         Turkey Smart Sports Equipment Market Outlook

9.2.4.4.1.             Market Size & Forecast

9.2.4.4.1.1. By Value

9.2.4.4.2.             Market Share & Forecast

9.2.4.4.2.1. By Product Type Market Share Analysis

9.2.4.4.2.2. By End User Market Share Analysis

9.2.4.4.2.3. By Distribution Channel Market Share Analysis

10.  South America Smart Sports Equipment Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Product Type Market Share Analysis

10.2.2.  By End User Market Share Analysis

10.2.3.  By Distribution Channel Market Share Analysis

10.2.4.  By Country Market Share Analysis

10.2.4.1.      Argentina Smart Sports Equipment Market Outlook

10.2.4.1.1.           Market Size & Forecast

10.2.4.1.1.1.               By Value

10.2.4.1.2.           Market Share & Forecast

10.2.4.1.2.1.               By Product Type Market Share Analysis

10.2.4.1.2.2.               By End User Market Share Analysis

10.2.4.1.2.3.               By Distribution Channel Market Share Analysis

10.2.4.2.      Colombia Smart Sports Equipment Market Outlook

10.2.4.2.1.           Market Size & Forecast

10.2.4.2.1.1.               By Value

10.2.4.2.2.           Market Share & Forecast

10.2.4.2.2.1.               By Product Type Market Share Analysis

10.2.4.2.2.2.               By End User Market Share Analysis

10.2.4.2.2.3.               By Distribution Channel Market Share Analysis

10.2.4.3.      Brazil Smart Sports Equipment Market Outlook

10.2.4.3.1.           Market Size & Forecast

10.2.4.3.1.1.               By Value

10.2.4.3.2.           Market Share & Forecast

10.2.4.3.2.1.               By Product Type Market Share Analysis

10.2.4.3.2.2.               By End User Market Share Analysis

10.2.4.3.2.3.               By Distribution Channel Market Share Analysis

11.  Market Dynamics

11.1.              Drivers

11.1.1.  Rising demand of smart devices for tracking and monitoring

11.1.2.  Increasing demand of IoT and AI enabled devices

11.1.3.  Rising number of sports clubs

11.2.              Challenges

11.2.1.  High Product Prices

11.2.2.  Presence of counterfeit products

12.  Impact of COVID-19 on Global Smart Sports Equipment Market

12.1.              Impact Assessment Model       

12.1.1.  Key Segments Impacted

12.1.2.  Key Regions Impacted

12.1.3.  Key Countries Impacted

12.1.4.  Key Distribution Channel Impacted

13.  Market Trends & Developments

13.1.              Rising demand from through online channels

13.2.              Innovative marketing strategies adopted by brands

13.3.              Increasing demand through celebrity sponsorship

13.4.              Rising number of professional athletes

13.5.              Growing technological advancements

14.  Porter’s Five Forces Model

14.1.              Competitive Rivalry

14.2.              Bargaining Power of Buyers

14.3.              Bargaining Power of Suppliers

14.4.              Threat of New Entrants

14.5.              Threat of Substitutes

15.  SWOT Analysis

15.1.              Strengths

15.2.              Weaknesses

15.3.              Opportunities

15.4.              Threats

16.  Competitive Landscape

16.1.              Company Profiles

16.1.1.  Golfsmith International Holdings, Inc.

16.1.1.1.      Company Details

16.1.1.2.      Product & Services

16.1.1.3.      Financials (As Reported)

16.1.1.4.      Key Market Focus & Geographical Presence

16.1.1.5.      Recent Developments

16.1.1.6.      Key Management Personnel

16.1.2.  HockeyShot Inc.

16.1.2.1.      Company Details

16.1.2.2.      Product & Services

16.1.2.3.      Financials (As Reported)

16.1.2.4.      Key Market Focus & Geographical Presence

16.1.2.5.      Recent Developments

16.1.2.6.      Key Management Personnel

16.1.3.  Zepp Labs, Inc

16.1.3.1.      Company Details

16.1.3.2.      Product & Services

16.1.3.3.      Financials (As Reported)

16.1.3.4.      Key Market Focus & Geographical Presence

16.1.3.5.      Recent Developments

16.1.3.6.      Key Management Personnel

16.1.4.  DribbleUp, Inc.

16.1.4.1.      Company Details

16.1.4.2.      Product & Services

16.1.4.3.      Financials (As Reported)

16.1.4.4.      Key Market Focus & Geographical Presence

16.1.4.5.      Recent Developments

16.1.4.6.      Key Management Personnel

16.1.5.  Gridiron Technologies LLC

16.1.5.1.      Company Details

16.1.5.2.      Product & Services

16.1.5.3.      Financials (As Reported)

16.1.5.4.      Key Market Focus & Geographical Presence

16.1.5.5.      Recent Developments

16.1.5.6.      Key Management Personnel

16.1.6.  Under Armour, Inc

16.1.6.1.      Company Details

16.1.6.2.      Product & Services

16.1.6.3.      Financials (As Reported)

16.1.6.4.      Key Market Focus & Geographical Presence

16.1.6.5.      Recent Developments

16.1.6.6.      Key Management Personnel

16.1.7.  MIZUNO Corporation

16.1.7.1.      Company Details

16.1.7.2.      Product & Services

16.1.7.3.      Financials (As Reported)

16.1.7.4.      Key Market Focus & Geographical Presence

16.1.7.5.      Recent Developments

16.1.7.6.      Key Management Personnel

16.1.8.  BRG Sports Inc

16.1.8.1.      Company Details

16.1.8.2.      Product & Services

16.1.8.3.      Financials (As Reported)

16.1.8.4.      Key Market Focus & Geographical Presence

16.1.8.5.      Recent Developments

16.1.8.6.      Key Management Personnel

16.1.9.  Riddell, Inc

16.1.9.1.      Company Details

16.1.9.2.      Product & Services

16.1.9.3.      Financials (As Reported)

16.1.9.4.      Key Market Focus & Geographical Presence

16.1.9.5.      Recent Developments

16.1.9.6.      Key Management Personnel

16.1.10.   Amer Sports Corporation

16.1.10.1.    Company Details

16.1.10.2.    Product & Services

16.1.10.3.    Financials (As Reported)

16.1.10.4.    Key Market Focus & Geographical Presence

16.1.10.5.    Recent Developments

16.1.10.6.    Key Management Personnel

17.  Strategic Recommendations/Action Plan

17.1.              Key Focus Areas

17.2.              Target Regions & Countries

17.3.              Target Product Type

17.4.               Target Distribution Channel

18.   About Us & Disclaimer

 (Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

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The market for smart hockey sticks, smart golf sticks, smart rackets & bats, smart balls, and others has been divided based on product type. Throughout the forecast period, the smart golf stick category is anticipated to have a significant revenue share in the global market for smart sports equipment. The category is growing as smart golf clubs with sensors built into the grip are used more frequently. These smart golf sticks have smart sensors built in to help track player performance.

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The market is divided into residential and sports clubs based on end users. Due to the growing number of sports clubs and athletes being trained globally, sports clubs are occupying most of the market share. More than 61,731 sports clubs in the United States generate more than USD10 billion in revenue each year. As a result, sports clubs are adding new equipment to their facilities to enhance athlete training, thus, driving demand for smart sports equipment globally.

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The adoption of smart sports equipment is growing among professional athletes and fitness enthusiasts alike. These devices not only help with tracking fitness objectives but also offer immediate feedback and direction, enhancing users' performance. Additionally, launching new goods with cutting-edge features is also fuelling market expansion.

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Golfsmith International Holdings, Inc., HockeyShot Inc., Zepp Labs, Inc., DribbleUp, Inc.., Gridiron Technologies LLC, Under Armour, Inc., MIZUNO Corporation, BRG Sports Inc, Riddell, Inc., Amer Sports Corporation are offering smart sports equipment globally.

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