Increasing online presence of sports coaching vendor to drive market growth. Sports coaching vendors are increasingly expanding their online presence in the market. With the advent of the Internet and smartphones, it is essential for the vendors to establish their online presence in the market. ’ s analysts have predicted that the sports coaching market will register a CAGR of close to 6% by 2023.
Technological integration in sports coaching
The integration of technologies such as virtual reality and analytics in sports coaching is increasing rapidly. Several vendors in the market are implementing these sports coaching platforms to enhance their coaching facilities. For instance, TENVIC a sports coaching vendor based in India makes use of sports coaching platforms to train players.
Expensive nature of sports coaching
Sports coaching is generally expensive, which negatively impacts the participation of athletes in various sports. The expensive nature of sports coaching is affecting the participation of players who are economically weaker.
For the detailed list of factors that will drive and challenge the growth of the sports coaching market during the 2019-2023, view our report.
The market appears to be fragmented and with the presence of several companies including TENVIC and US Sports Coaching the competitive environment is quite intense. Factors such as the increasing online presence of sports coaching vendor and the technological integration in sports coaching, will provide considerable growth opportunities to sports coaching manufactures. Challenger Sports, Ignite Sport UK, School Sports Coaching, TENVIC, and US Sports Coaching are some of the major companies covered in this report.
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