According to a new market report published by Persistence Market Research “Global Market Study on Sports Equipment: Ball Sports to be the largest segment by 2020”, the global Sports Equipment market was valued at USD 66,528.8 million in 2013 and is expected to expand at a CAGR of 3.0% from 2014 to 2020, to reach USD 81,821.0 million by 2020.
Global youth team, league and tournament sports market is witnessing growth owing to the growing popularity of weekend sporting events and increment in the number of travel teams. Technological advancements drive the market growth. Automated processes are being introduced to manage the movement of youth and recreational teams across the world. Different apps have surfaced for hotel booking and making cost –effective travel arrangements. An intelligence report titled, “ ... Read more
