Tag: Growth

How GCC’s esports, gaming sector is on target for growth

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Picture credit history: Getty Illustrations or photos / Equipped

Around the earlier decade, the Center East, in specific the GCC has witnessed a impressive surge in the development of esports and gaming, reworking the location into a thriving hub. This burgeoning market has captivated the region’s youth, attracting both of those players and spectators, and has garnered significant consideration from buyers, sponsors and organisations alike.

A single of the key components contributing to the rise of esports is the rising availability of superior-pace world wide web and superior gaming infrastructure. International locations these as the UAE, Saudi Arabia and Qatar have created sizeable investments in technological innovation and connectivity, offering players with a seamless on line gaming experience and enabling them to compete globally. This has led to a surge in the range of players taking part in global tournaments and developing a robust presence on the world esports stage.

What’s more, the region has witnessed a rise in committed gaming arenas and esports services. These venues give avid gamers with condition-of-the-art machines, skilled coaching and a social space to hook up with fellow gaming fans. They also provide as a hub for web hosting esports tournaments and local community functions, boosting the visibility of gaming in the region.

BCG’s newest gaming report titled ‘Game Changer: Accelerating the Media Industry’s Most Dynamic Sector’, highlights that extra than 60 for every cent of the populace in the Middle East are gaming fanatics, ensuing in a person of the optimum shares of gaming cellular application downloads.

Dr Alexander Schudey, running director and associate at BCG, states: “The Center East is a critical player in the world-wide gaming field, with an extraordinary penetration charge and a sturdy motivation from governments to devote in the sector. The region’s focus on gaming and

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American Football Equipment Market size in the US to grow by USD 209.44 million from 2022 to 2027; the rising popularity of sports to boost market growth- Technavio

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NEW YORK, June 27, 2023 /PRNewswire/ — The American football equipment market in US size is set to grow by USD 209.44 million between 2022 and 2027 and register a CAGR of 4.08%, according to Technavio’s latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Technavio offers in-depth market insights that assist global businesses to obtain growth opportunities. Read Sample Report

Technavio has announced its latest market research report titled American Football Equipment Market in US 2023-2027
Technavio has announced its latest market research report titled American Football Equipment Market in US 2023-2027

The report also covers the following areas:

American Football Equipment Market in the US 2023-2027: Segmentation

  • Product 
  • Protective Gear
  • Helmets
  • Cleats
  • Balls
  • Training Equipment
  • Retail Channel
    • Specialty and sports shops
    • Department and discount stores
    • Online retail

    The market share growth by the protective gear segment will be significant during the forecast period. This protective gear includes athletic supporters and cups; arm covers and sleeves; gloves; girdles; pads on the hip, knee, thigh, and tail; mouth protection; roll the neck; shoulder bolsters; and rib shields. Players are required to wear shoulder pads, mouth guards, cups, and athletic supporters, according to football associations like the NFL. Various companies are manufacturing these products and players are using products such as Nike gloves with Magnigrip technology. Hence this protective gear gives advantages to the players which is expected to drive the market growth during the forecast period.

    Learn more about the factors assisting the growth of the market, download a sample report!

    American Football Equipment Market in the US 2023-2027: Vendor Analysis and Scope

    Some of the major vendors of the American

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    Football equipment market to record USD 2,021.66 million, Growth opportunities led my Adams and adidas AG

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    NEW YORK, Dec. 15, 2022 /PRNewswire/ —

    Football equipment market insights –


    Technavio has announced its latest market research report titled Global Football Equipment Market 2023-2027
    • Vendors: 15+, including Adams, adidas AG, Amer Sports Corp., ASICS Corp., Baden Sports Inc., BasicNet Spa, Chogori India Retail Ltd., Diadora Spa, Douglas Pads, Franklin Sports Inc., hummel AS, Iconix International, JOMA SPORT SA, Lotto sport Italia Spa, and Mizuno USA among others
    • Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
    • Segments: Distribution channel, product, and geography

    To understand more about the football equipment market, request a sample report

    In 2017, the football equipment market was valued at USD 13,710.65 million. From a regional perspective, Europe held the largest market share, valued at USD 5,031.81 million in 2017. The football equipment market size is estimated to grow by USD 2,021.66 million from 2022 to 2027 at a CAGR of 2.59% according to Technavio.

    Football equipment market – Customer landscape
    To help companies evaluate and develop growth strategies, the report outlines –

    • Key purchase criteria
    • Adoption rates
    • Adoption lifecycle
    • Drivers of price sensitivity
    • For highlights on customer landscape analysis, download a sample!

    Football equipment market – Vendor Insights

    The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors including –

    • Baden Sports Inc. – The company offers football equipment such as Q1B Composite Football.
    • Diadora Spa – The company offers football equipment such as Columbia Unisex On The Go 55L Duffle.
    • Douglas Pads – The company offers
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    Force3 Professional Equipment Launches New Partnership With Susan G. Komen All through Facility Growth Unveiling

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    JT Thomas, Drive3, Steven Goldsmith, Force3 CEO, Paul S. Lavoie, CMO, State of Connecticut, Tyler Heineman, MLB Catcher&Drive3 Operator,Jason Klein, Drive3 Exec Chairman, Sierra Alarid, Power3

    There is a want in the market for superior protective gear that we are filling and continuing to fulfill, and the rising demand from customers necessitates a lot more resources, much more exploration and development, extra house, and a lot more motivation.

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    Drive3 Professional Equipment, a chief in the protecting sports activities equipment industry, introduced an interesting new partnership with Susan G. Komen, while unveiling its point out-of-the-artwork facility growth. The two initiatives aided solidify the company’s leadership function in the market and motivation to safeguarding superior wellbeing.

    “We are privileged to lover with Susan G. Komen and energized about the position we can perform to aid the floor-breaking organization help you save life and close breast most cancers,” mentioned Steven Goldsmith, CEO and President at Drive3 Professional Equipment. “FORCE3 was started on the principle of guarding folks, no matter if as a result of the manufacture of protective sports activities gear or by partnering with like-minded companies these kinds of as Susan G. Komen.”

    Representatives from the non-profit most cancers firm attended the expansion unveiling festivities, presenting their viewpoint on the freshly cast partnership with Force3. “We are honored to partner with Force3 and value its commitment to safety and superior-quality protecting gear for athletes. Our respective organizations are focused to increasing results and eradicating limitations so that all people can profit from advancements in exploration and technological innovation, irrespective of whether on the area or in wellbeing care,” said Nicole Marohn, Point out Executive Director for New England, at Susan G. Komen.

    Support for Susan G. Komen kicked off at Drive3’s facility enlargement

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    Racket Sports Equipment Market Size to Grow by USD 469.78 million, Increase in Number of Racket Sports Courts Worldwide to Boost Growth

    Bella

    NEW YORK, Sept. 26, 2022 /PRNewswire/ — The racket sports equipment market size is expected to grow by USD 469.78 million from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 2.78% during the forecast period, according to Technavio. The increase in the number of racket sports courts worldwide is driving the racket sports equipment market growth. However, factors such as the increase in the number of tournaments may challenge the market growth.

    Technavio has announced its latest market research report titled Global Racket Sports Equipment Market 2022-2026

    Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format

    Racket Sports Equipment Market 2022-2026: Scope

    The racket sports equipment market report covers the following areas:

    Racket Sports Equipment Market 2022-2026: Drivers and Challenges

    The increase in the number of racket sports courts worldwide is driving the growth of the market. With the support of WSF to enhance the reach and popularity of the sport, the number of squash courts has increased. For example, CourtTech builds squash courts that are tested and certified by WSF.

    The increase in the number of tournaments is challenging the market growth. Revenue can be generated by putting a price premium on games through Android App store or Apple Store or by providing these games for free. These factors can negatively affect the participation rates of individuals in outdoor sports such as racket sports.

    Racket Sports Equipment Market 2022-2026: Segmentation

    • Distribution Channel

    • Product

    • Geography

    This report provides a full list of key vendors, their strategies, and latest developments. Request a FREE PDF Sample Now

    Racket Sports Equipment Market 2022-2026: Revenue-generating Distribution Channel Segment

    The offline segment will be the biggest contributor to market

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