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The phrase "a small player in" is correct and usable in written English.
It is typically used to describe an entity or individual that has a minor or limited role or influence in a particular industry or market.
Example: "Despite being a small player in the tech industry, the startup has made significant innovations."
Alternatives: "a minor participant in" or "a limited contributor to".
Exact(60)
The investment bank remains a small player in the mortgage-servicing industry.
Dial, which is based in Scottsdale, Ariz., is a small player in a consolidating industry.
Hawtai is a small player in China and a former joint venture partner with Hyundai of South Korea.
Based in Kentucky, Lexmark is a small player in the personal-printer industry compared with HP and Canon.
I keep lecturing myself to learn it; I am far from a small player in the extravagance game.
And though he may not recognise it yet, Millican has become a small player in a global game.
We wanted to change the fact that the cultural sector was only a small player in the online world.
He was a small player in an industry where successful managers command billions or even tens of billions of dollars.
Not long ago, Joel Weiner was a small player in New York City's residential real estate industry.
Moolah was a small player in the bitcoin market, but almost dominated the smaller meme-based cryptocurrency Dogecoin.
Kobo, a Canadian company that Rakuten bought in 2011, is a small player in the United States market.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com