Home Artificial Intelligence Global Player Tracking Industry Expected to Grow at a CAGR of 24.9%...

Global Player Tracking Industry Expected to Grow at a CAGR of 24.9% During the Forecast Period 2020-2025


Dublin, July 24, 2020 (GLOBE NEWSWIRE) — The “Player Tracking Market – Growth, Trends, and Forecast (2020-2025)” report has been added to ResearchAndMarkets.com’s offering.Owing to the increasing demand for monitoring and tracking data of players, the number of wearable devices in the sports market is increasing. Consequently, a significant quantity of data related to the players and the team is generated, which is primarily used to gain insights on player performance and fitness variables, such as heartbeats, speed, and acceleration.By incorporating these wearable technologies, player performance during matches, events, practice, and training sessions can be improved and the team’s strategies and performance statistics can be gathered.Therefore, with the data collected through wearables devices such as shoes, wristbands, etc, it is helping coaches to plan and observe training, thereby locating potential development areas.For instance, in September 2019, OrsaSport partnered with the Xampion, and this would help the coaches at OrsaSport to improve the players’ kick techniques for football.Moreover, wearables help in injury prevention as well. For instance, in January 2019, Impression Healthcare Ltd partnered with Force Impact Technologies Inc to distribute Force’s clinically-validated smart mouthguard, FiTGuard, which helps in detecting athlete head impacts in sport.Additionally, the increasing number of sports leagues such as Indian Premier League or Hockey League is attracting global players and fans to the region. Moreover, Japan is hosting Olympics 2020 and thus, the use of wearable player tracking technology among the team to gain a competitive advantage would provide huge opportunity for the market during the forecast period.Thus, all the above factors have a positive impact on the market and thus helps in market growth globally.North America is Expected to Occupy Significant Market ShareNorth America is home to numerous sports, such as soccer, rugby, hockey, basketball, and baseball, as well as sports leagues. American football is one of the most popular sports in the United States. This sport attracts millions of people from across the American society, whether its high school football, college sports, or professional football. Additionally, basketball is one of the most popular sports in the United States after football and baseball.The United States is expected to lead the market in the region, owing to the growing adoption of player tracking solutions and services by the sports industry in the country.Prominent vendors, such as Zebra Technologies Corporation, ChyronHego Corporation, and STATS Perform, are headquartered in the country, which contributes to the growth of the market. The associations, such as National Football League (NFL), National Basketball League (NBL), and National Hockey League (NHL), are spending heavily on the robust player tracking systems to analyze and track player performance and health. These associations are partnering with vendors in the market studied for player tracking solutions and services, thereby, driving the market’s growth. Additionally, it helps associations and team management in tracking fraudulent activities during the game.For instance, in February 2019, STATS Perform, the vendor in sports data and intelligence, and the Orlando Magic, a basketball team, announced a deal that secures the Magic as the only NBA team with access to AutoSTATS, a new AI technology. The Magic would use tracking data produced by AutoSTATS to analyze collegiate players and enhance evaluation and decisions for the NBA draft.Competitive LandscapeSeptember 2019 – STATS LLC partnered with Stade Rennais F.C. (SRFC) to give provide an Edge Analysis, a football match preparation tool. With the deal, Stade Rennais can use Edge’s AI-based features to objectively analyze team performance by comparing playing styles of teams and individuals, conducting game-changing set play analysis while instantly linking data with video to vastly accelerate the match preparation process.August 2019 – JOHAN Sports had a partnership with Royal Ore Hockey and the Belgium hockey club start using the JOHAN Sports GPS system. Since 2012 Royal Ore hockey has been playing in the highest league of hockey in Belgium and partnership with them helps in enhancing the brand visibility of JOHAN Sports.Key Topics CoveredResearch and Markets also offers Custom Research services providing focused, comprehensive and tailored research.CONTACT: ResearchAndMarkets.com
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