The market growth is attributed to an increase in the number of golf participation across the world leading to an increasing number of golf facilities centers and the emergence of GPS based devices that help professional golfers that provide accurate insights for the 18-hole or 9-hole courses. Moreover, integration of the golf simulators with virtual reality technology is anticipated to be a better prospect during the forecast period. Moreover, high installation costs coupled with the limited number of avid golfers across the globe is hindering the growth of the market.
The golf simulators market was valued USD 1,229 million in 2019 and is expected to grow with a CAGR of 8.3%.
Key Highlights
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Key Players
Golf Simulators Market Segmentation
By Offering
By Product Type
By Installation
By End-Use/Application
" Crucial Insights The Report Provides:"
* Known and Unknown Adjacencies Influencing the Growth of Market
* Explorable Revenue Sources
* Customer Behaviour Analysis
* Target Partners
* Customized Geographical Data Based on Customers as well as Competitors
* Analysis of Market Size and CAGR between the Forecast Periods