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Sports Analytics Software Market Outlook 2023-2030 | Newest 105 Pages Report. The Riding Tourism Market, an integral part of the global tourism industry, centers on offering travelers the experience of exploring various destinations on horseback. This market provides tourists with a unique and immersive way to connect with nature and culture, combining adventure with equestrian experiences. Analyzing the regional aspects, understanding market dynamics, and exploring its resilience during economic downturns offer valuable insights into this niche sector.
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The global riding tourism market is expected to grow at a CAGR of 10.5% from 2023 to 2030, reaching USD 32.4 billion by 2030. The growth of the market is attributed to the increasing popularity of equestrian sports and leisure activities, the growing awareness of the health benefits of horseback riding, and the rising disposable incomes of consumers.
Latest Mergers and Acquisitions in the Riding Tourism Market
There have been a few notable mergers and acquisitions in the riding tourism market in recent years, including:
In January 2023, Equestrian Travel, a leading provider of riding tours and holidays, was acquired by Intrepid Group, a leading travel company. This acquisition is expected to expand Intrepid Group’s portfolio of travel products and give it access to Equestrian Travel’s expertise in riding tourism.
In December 2022, Ranchlands, a leading provider of ranch vacations, was acquired by Xanterra Travel Collection, a leading concessioner of national parks and other iconic destinations. This acquisition is expected to expand Xanterra Travel Collection’s portfolio of travel offerings and give it access to Ranchlands’ expertise in equestrian tourism.
Most Prominent Players in the Sports Analytics Software Market are SAP SE, SAS Institute, Tableau Software, Stats Perform, Opta Sports, Trumedia Networks, Nacsport, The Sports Office, Chetu, ICEBERG Sports Analytics, Agile Sports Analytics, Performa Sports, Global Sports Analytics, Catapult Sports, Sentio, Orreco, Synergy Sports Technology, Metrica Sports
Sports Analytics SoftwareMarket Dynamics
The dynamics within the riding tourism market are shaped by factors like the preservation of natural environments, promotion of cultural heritage, and the growth of sustainable and eco-friendly tourism. Tour operators increasingly focus on delivering authentic and responsible riding experiences that respect the local environment and communities. Technology plays a pivotal role as well, with the integration of online booking platforms, mobile apps for trail maps, and wearables for rider safety.
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This report segments the Sports Analytics Software Market on the basis of Types are
Cricket
Football
Soccer
Basketball
Baseball
Tennis
Others
On the basis of Application, the Sports Analytics Software Market is segmented into
Sports Media
Sports League/ Teams
Sponsor Brands
Others
Regional Dynamics Of Sports Analytics Software Market
Regionally, the Riding Tourism Market showcases significant variations in its development. In North America, countries like the United States and Canada offer diverse riding tourism opportunities, ranging from trail rides in national parks to ranch stays. Europe, especially in countries like Spain, Portugal, and France, has a rich equestrian heritage, with opportunities for riders to explore picturesque countryside landscapes and vineyards on horseback. In regions like South America, Argentina and Chile are known for their thriving riding tourism sectors, offering guests a taste of the gaucho lifestyle. Meanwhile, countries in Asia, such as Mongolia and Bhutan, are emerging as attractive destinations for horseback adventures, allowing travelers to explore unique and remote landscapes.
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Sports Analytics Software Market Recession Recovery
The resilience of the Riding Tourism Market during times of recession is notable. Despite economic uncertainties, many tourists prioritize unique and memorable experiences, making horseback riding tours an appealing option. In addition, as more travelers seek outdoor and nature-based activities for health and safety reasons, riding tourism has proven to be a resilient choice. The industry’s adaptability and willingness to cater to changing preferences, such as offering shorter day rides or more affordable options, have contributed to its continued growth even during economic challenges.
Conclusion:
Infinity Business insights “Sports Analytics Software Market Analysis and Forecast of Key Trends from 2023 to 2030” delivers an extensive and detailed examination of the market, equipping stakeholders with the knowledge required to make informed decisions. With its wealth of data and insights, this report serves as an essential resource for those navigating the evolving landscape of this industry.
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