This month’s panel was around Youth Sports – we delved into the opportunities, challenges, and future insights shaping the youth sports industry, which is projected to reach $69.4 billion by 2030, growing at an annual rate of 9.20%. The panel discussed key issues such as rampant market fragmentation, high customer acquisition costs (CAC), limited monetization options, short time frames to capture athletes’ attention, and an oversaturated market filled with both niche solutions and companies struggling to succeed.
The panel featured insights from Peter Frintzilas, CEO of TeamSnap, the largest youth sports tech company, and David Geaslen, founder of 3STEP Sports, which has acquired over 100 clubs and events. The discussion offered valuable perspectives on the current landscape and what lies ahead for youth sports.
Chapters:
(03:09) – The Landscape of Youth Sports Technology
(05:57) – Market Size and Growth Potential
(08:59) – Understanding Youth Segmentation
(11:49) – Investment Perspectives in Youth Sports
(14:54) – Challenges in Youth Sports Operations
(18:09) – The Role of Governing Bodies in Youth Sports
(20:57) – Promoting Multi-Sports Participation
(23:57) – Fragmentation and Accessibility Issues
(28:14) – Navigating the Youth Sports Landscape
(33:07) – The Role of Technology in Youth Sports
(37:54) – Future Trends in Youth Sports
(42:59) – Opportunities in Youth Sports
(48:10) – The Importance of Community and Collaboration