Tag: Million

FaZe Clan Acquired by GameSquare, Valuing Esports Brand at $16 Million

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Esports enterprise GameSquare, backed by Dallas Cowboys owner Jerry Jones, is set to acquire having difficulties influencer and gamer brand FaZe Clan.

For every a statement issued Friday by GameSquare and FaZe Clan, “The put together organization will be run by a progressive end-to-stop platform of foremost media and agency organizations, gaming and esport groups, innovative companies and technological know-how capabilities.”

According to the corporations, their combined annual earnings totaled close to $138 million in 2022. This deal currently values FaZe Clan at close to $16 million. When FaZe Clan announced options to go general public two years in the past by means of a particular purpose acquisition firm (SPAC) merger, it claimed the deal would give it an implied value of $1 billion.

As portion of the offer, GameSquare is appointing FaZe Clan founders at the prime of the brand name, which will operate as an unbiased division of GameSquare, to “reestablish authority”: Richard “FaZe Banks” Bengtson as CEO, Thomas “FaZe Temperrr” Oliveira as president and Yousef “FaZe Apex” Abdelfattah as COO. At this time, Christoph Pachler serves as interim CEO of FaZe Clan.

The acquisition, which is an all-inventory deal, is anticipated to near in the fourth quarter of 2023. It has been authorized by equally companies’ boards and is matter to acceptance by the shareholders. Upon completion of the offer, current GameSquare shareholders will own close to 55% of the merged firm, even though current FaZe Clan shareholders will individual roughly 45%.

GameSquare expects to achieve $18 million in price tag preserving synergies from the FaZe Clan acquisition. The combined organization will offer you extra information about structural improvements on the close of the offer.

“The gaming neighborhood signifies one particular of the greatest and most engaged segments of the attention economic system,” GameSquare CEO Justin Kenna

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The Racket Sports Equipment Market to grow by USD 469.78 million from 2021 to 2026

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NEW YORK, Aug. 24, 2023 /PRNewswire/ — The racket sports equipment market size is expected to increase by USD 469.78 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 2.78%, according to Technavio – download a sample!

Racket Sports Equipment Market Insights –

Technavio has announced its latest market research report titled Global Racket Sports Equipment Market
Technavio has announced its latest market research report titled Global Racket Sports Equipment Market
  • Companies: 15+, Including ANTA Sports Products Ltd., ASICS Corp., Authentic Brands Group LLC, Babolat, Dunlop International Europe Ltd, Gamma Sports, Gearbox Inc, Harrow Sports, Head, KC Kinetic Solutions LLC, Klipper USA, Li Ning Co. Ltd., Maus Freres SA, Pacific Holding GmbH, PowerAngle LLC, Solinco Sports, Victor Rackets Ind. Corp., Volkl Tennis, Yonex Co. Ltd., Ashaway Line, Twine Mfg Co, and Karakal Worldwide Ltd., among others
  • Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key companies; and market positioning of companies
  • Segments: Distribution Channel (Offline and Online), Product (Tennis equipment, Badminton equipment, and Squash equipment), and Geography (APAC, Europe, North America, South America, and Middle East and Africa)

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

Racket Sports Equipment Market – Vendor Insights

The growing competition in the market is compelling companies 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 companies, including – ANTA Sports Products Ltd., ASICS Corp., Authentic Brands Group LLC, Babolat, Dunlop International Europe Ltd, Gamma Sports, Gearbox Inc, Harrow Sports, Head, KC Kinetic Solutions LLC, Klipper USA, Li Ning Co. Ltd., Maus Freres SA, Pacific Holding GmbH, PowerAngle LLC, Solinco Sports,

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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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    Smart Sports Equipment Market to Hit US$ 1,655.1 Million by 2032: Fact.MR Report

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    FACT.MR

    FACT.MR

    Leveraging the Power of IoT in Sports & Fitness Industry to Lift the Market Growth

    Rockville , May 17, 2023 (GLOBE NEWSWIRE) — According to Fact.MR, a market research and competitive intelligence provider, the global smart sports equipment market is estimated at US$ 1,261.7 million in 2022 and is expected to expand at an impressive CAGR of 2.8% during the forecast years of 2022-2032.

    Prolific growth in the sports sector and growing advancements in reshaping the landscape of the sports industry have a direct impact on the global sports equipment market. The use of smart sports gear help athletes of all level not only to track down their analytical parameters but also to assess their performance and enhance their sporting technique with minimal injuries associated. This, in turn, plays a key role in driving the sales of the target product.

    Get Free Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=213

    It is observed that many international matches are disturbed just because of a single wrong decision by the referee. However, the use of smart sporting goods provides fairer competition without any biases and also provides accurate decisions during the match which creates an incremental opportunity for the global smart sports equipment market to flourish.

    According to Fact.MR, use of high-tech sports gear for talent identification and talent development to identify potential elite sports players will influence market players to manufacture smart sports equipment on a large scale which helps them to secure a prominent position in the market.

    Key Takeaways from Market Study

    • The global smart sports equipment market is projected to expand at an impressive CAGR of 2.8% and be valued at US$ 1,655.1 million by 2032.

    • The market witnessed 2.7% CAGR for the period of 2017-2021.

    • Under product type, smart baseball bat dominates the market and are valued at

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    Sports Robotic Kit Market Size To Surpass USD$ 1,424.2 Million by 2033; Exhibiting A CAGR of 13.6%

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    FACT.MR

    FACT.MR

    Sports Robotic Kit Market Analysis By Weight (Light Weight (Up to 20 Lbs), Middle Weight (21 – 40 Lbs), Heavy Weight (Above 40 Lbs)), By Sales Channel (Online Sales, Offline Sales), By End User (Individual, Institutes, Professional), and Region – Global Insights 2023 to 2033

    Rockville, May 03, 2023 (GLOBE NEWSWIRE) — A 10-year projection from 2023 to 2033 is provided in Fact.MR’s recent study on the Sports Robotic Kit Market. Other details include significant market-shaping aspects including drivers, constraints, and opportunities. The market is segmented into product type, payload capacity, robot axes, application, end user, and region to make the information for a clear understanding of key trends.

    Fact.MR – A Market Research and Competitive Intelligence Provider: According to Fact.MR, the global sports robotic kit market is likely to reach a valuation at US$ 397.9 million in 2023 and is expected to grow at a CAGR of 13.6% during the forecast years of 2023-2033. The increasing disposable income of the parents has created the demand for smart sports equipment for the kids.

    Using robotics kits, students can work in teams to solve a problem or accomplish a common goal. This is a great way to improve teamwork skills. By bringing a variety of strengths, knowledge, and concepts to the problem-solving process, online learning creates opportunities. The need to rely on one another and the unique contribution made by considering various ideas enhance social and communication skills.

    Want A Detailed Understanding of Market Functioning? Request for a Sample Here –
    https://www.factmr.com/connectus/sample?flag=S&rep_id=8285

    The increased participation in STEM (Science, Technology, Engineering, and Mathematics) related activities is also influenced by a growing interest in robots and coding and programming. The majority of the robots host hands-on coding challenges that give students the chance to work together to solve real-world problems.

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