Global Smart Sports Equipment Market Size & Outlook
Global smart sports equipment market, 2016-2027 (US$M)
Related Markets
Global smart sports equipment market highlights
- The global smart sports equipment market generated a revenue of USD 2,167.5 million in 2019 and is expected to reach USD 4,042.3 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 8.1% by 2027.
- In terms of segment, golf stick accounted for a revenue of USD 649.5 million in 2019.
- Balls is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2019.
- Country-wise, U.S. is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 2,167.5 million |
| Market revenue in 2027 | USD 4,042.3 million |
| Growth rate | 8.1% (CAGR from 2019 to 2027) |
| Largest segment | Golf stick |
| Fastest growing segment | Balls |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Balls, Golf Stick, Hockey Stick, Rackets & Bats, Other Products |
Other key industry trends
- In terms of revenue, the North America accounted for 35.2% of the global smart sports equipment market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 1,100.6 million by 2027.
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Smart Sports Equipment Market Scope
Smart Sports Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global smart sports equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart sports equipment market will help companies and investors design strategic landscapes.
Golf stick was the largest segment with a revenue share of 29.97% in 2019. Horizon Databook has segmented the Global smart sports equipment market based on balls, golf stick, hockey stick, rackets & bats, other products covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Smart Sports Equipment Product Outlook (Revenue, USD Million, 2016-2027)
- Balls
- Golf Stick
- Hockey Stick
- Rackets & Bats
- Other Products
- Global Smart Sports Equipment Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
- Franchise Stores
- Specialty Stores
- Online
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Our clientele includes a mix of smart sports equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global smart sports equipment market, including forecasts for subscribers. This global databook contains high-level insights into Global smart sports equipment market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Global smart sports equipment market size, by regions, 2016-2027 (US$M)
Top 10 countries: Smart sports equipment market size, 2019 (US$M)
Global smart sports equipment market share, by product, 2019 & 2027 (%, US$M)
Smart sports equipment market: Opportunity assessment by country
Global smart sports equipment market, by region, 2019 (US$M)
| Product | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 681.4 | 702.8 | 729.7 | 762.1 | 800.7 | 849.6 | 909.6 | 983.5 | 1,069.7 | 1,168.7 | 1,279.9 | 1,408.4 | 8.0% |
| Europe | 562.6 | 582.0 | 605.9 | 634.6 | 668.6 | 711.5 | 764.0 | 828.4 | 903.6 | 990.0 | 1,087.3 | 1,199.8 | 8.3% |
| Asia Pacific | 478.0 | 496.4 | 518.9 | 545.6 | 577.0 | 616.3 | 664.3 | 723.0 | 791.6 | 870.5 | 959.6 | 1,062.7 | 8.7% |
| Latin America | 136.7 | 141.0 | 146.4 | 152.8 | 160.5 | 170.3 | 182.2 | 197.0 | 214.2 | 234.0 | 256.1 | 281.8 | 8.0% |
| MEA | 72.6 | 72.2 | 72.2 | 72.4 | 73.0 | 74.1 | 75.8 | 78.1 | 80.8 | 83.7 | 86.6 | 89.7 | 2.7% |
| Overall | 1,931.4 | 1,994.4 | 2,073.0 | 2,167.5 | 2,279.7 | 2,421.8 | 2,595.9 | 2,810.1 | 3,059.9 | 3,346.9 | 3,669.5 | 4,042.3 | 8.1% |
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