In-the-water sports equipment market size is expected to grow by USD 5.78 billion from 2021 to 2026: A descriptive analysis of five forces model, market dynamics, and segmentation

NEW YORK, Feb. 9, 2023 /PRNewswire/ — According to Technavio, the global in-the-water sports equipment market size is estimated to grow by USD 5.78 billion from 2021 to 2026. The market is estimated to grow at a CAGR of 3.91% during the forecast period. Moreover, the growth momentum will accelerate. North America will account for 45% of the market’s growth during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. For more insights on market size, request a sample report

Technavio has announced its latest market research report titled Global In-the-Water Sports Equipment Market

In-the-water sports equipment market – Five forces
The global in-the-water sports equipment market is fragmented, and the five forces analysis covers–

  • Bargaining power of buyers

  • The threat of new entrants

  • Threat of rivalry

  • Bargaining power of suppliers

  • Threat of substitutes

  • For an interpretation of Porter’s five forces model – Buy the report!

In-the-water sports equipment market – Customer landscape

The report includes the market’s adoption lifecycle, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

In-the-water sports equipment market – Segmentation assessment

Segment overview
Technavio has segmented the market based on product (sports gear and sports apparel), type (swimming, water aerobics, and water polo), and distribution channel (offline and online).

  • The sports gear segment will account for a significant share of the market’s growth during the forecast period. The growth of this segment is attributed to factors such as the rising popularity of different types of water sporting activities and the reopening

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The World wide Racket Sporting activities Tools Marketplace is envisioned to grow by $ 469.78 mn for the duration of 2022-2026, accelerating at a CAGR of 2.78% throughout the forecast time period

ReportLinker

Worldwide Racket Sports activities Devices Current market 2022-2026 The analyst has been checking the racket sports activities machines market and it is poised to develop by $ 469. 78 mn all through 2022-2026, accelerating at a CAGR of 2.

New York, Sept. 13, 2022 (World NEWSWIRE) — Reportlinker.com announces the launch of the report “World wide Racket Athletics Tools Market 2022-2026” – https://www.reportlinker.com/p04706512/?utm_source=GNW
78% during the forecast period. Our report on the racket sporting activities machines current market provides a holistic analysis, marketplace dimension and forecast, tendencies, development motorists, and challenges, as very well as vendor analysis covering about 25 suppliers.
The report offers an up-to-date assessment with regards to the present-day world-wide market circumstance, latest trends and motorists, and the over-all industry natural environment. The market place is pushed by raise in number of racket sports activities courts around the world, movie star endorsements and purchaser engagement, and increase in amount of tournaments.
The racket sports activities machines market investigation incorporates the distribution channel and products segments and geographic landscape.

The racket sporting activities equipment current market is segmented as beneath:
By Distribution Channel
• Offline
• On the net

By Product or service
• Tennis equipment
• Badminton devices
• Squash tools

By Geographical Landscape
• APAC
• Europe
• North The us
• South The usa
• The Center East and Africa

This review identifies the elevated use of nanomaterials as one of the key motives driving the racket sports devices sector progress all through the following handful of decades. Also, the introduction of improved quality items with further functions and the advent of eco-friendly raw resources will lead to sizable demand from customers in the current market.

The analyst offers a specific image of the market by the way of analyze, synthesis, and summation of

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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

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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Epic Games raises $2bn to grow metaverse efforts

Sport developer and publisher Epic Online games has announced a $2bn (~£1.5bn) spherical of funding involving Sony Group Company and KIRKBI.

Epic Games reported the economic injection will be utilized to aid the company’s progress, and help progress its eyesight to create the metaverse.

Epic Game titles announces $2bn in funding from Sony and KIRKBI. Image credit score: Epic GamesConnected: MAD Lions enter the metaverse with Zilliqa partnership

The expense spherical provided funding from technological innovation conglomorate and past Epic Game titles investor Sony Team Company, and KIRKBI, the expense firm guiding the LEGO Team. Sony and KIRKBNI both equally invested $1bn (~£0.75bn) each individual.

Epic Online games has stated that the organization will stay controlled by its CEO and Founder, Tim Sweeney.

Kenichiro Yoshida, Chairman, President, and CEO, Sony Team Company: “We are also self-assured that Epic’s skills, like their effective activity motor, merged with Sony’s technologies, will accelerate our a variety of initiatives this kind of as the enhancement of new digital admirer experiences in athletics and our virtual output initiatives.”

Epic Online games is the most up-to-date in a line of gaming and esports firms that are turning in the direction of the metaverse. Metaverse, Website3, and NFTs are getting additional and a lot more traction in the globe of esports.

A significant quantity of gaming and esports providers have explored the intersection concerning the metaverse and esports, which includes Yesports, BAYZ, and EVOS Esports. European esports organisation MAD Lions also lately introduced a partnership centered on ‘entering the metaverse’.

Relevant: Blockchaining esports

Epic Online games did not share any information about no matter if any of the $2bn will be used on its esports titles, nor did it reveal its designs for the metaverse. Even so, Yoshida mentoined the two entities will accelerate attempts

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Mexico City GP: Max Verstappen takes runaway victory ahead of Lewis Hamilton to grow F1 title lead


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Relive how Red Bull’s Max Verstappen took the lead of the Mexico City GP, with Valtteri Bottas sent spinning back from pole

Relive how Red Bull’s Max Verstappen took the lead of the Mexico City GP, with Valtteri Bottas sent spinning back from pole

Max Verstappen secured a dominant win in the Mexico City GP to take a potentially significant step in his quest to end Lewis Hamilton’s reign as world champion, opening his title lead to 19 points with four races left.

Hamilton just held off Mexico’s own Sergio Perez, Verstappen’s team-mate, for second place against a clearly-faster race car but first and third still represented a big comeback result for Red Bull after they were surprisingly outqualified by Mercedes.

Verstappen made light work of the Valtteri Bottas-Hamilton front row by impressively slipstreaming past both on an outside line at the start, decisively claiming a lead he never relinquished outside of the pit stops.

He won by 16.5s for a record third victory in Mexico and a ninth of a 2021 season where the momentum increasingly looks to be with the 24-year-old Dutchman in his engrossing fight with Hamilton for the drivers’ crown.

“You just have to congratulate Red Bull because their pace was on another level,” said Mercedes boss Toto Wolff to Sky F1. “In the end for Lewis’ championship, it was damage limitation.”

Hamilton said: “Congratulations to Max, their car is far superior this weekend and there was nothing we could really do about it.”

A closer look at a dramatic start to the Mexico City Grand Prix as Max Verstappen overtook both Mercedes drivers

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A closer look at a dramatic start to the Mexico City Grand Prix as Max Verstappen overtook both Mercedes drivers

A closer look at a dramatic start to the Mexico City Grand

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