Hello @SunilPashikanti!
I tried this before posting, and I tried again now after reading your reply, but the result remains the same. Here is my process:
I verify that the "Show image" checkbox is checked under Form Properties, and I add an image field to the Player table.
I add the field to the form in my app, open the datacard and the Image element, where I insert the image URL, as shown in the picture below:

The picture is displayed, albeit under a blue button saying "Add image" or something similar, and I'm thinking this looks good, until I try submitting the form, when nothing happens.
I checked the activity monitor, and it says I get an unexpected error. I'll add a picture of that below. Upon removing the image field from the form, I am able to submit forms again.

The patch request payload is successful, but the two others fail, causing the whole form submit to break.
I know the setting in form properties say that it displays the primary image of the table, does it matter if the single image field I have is marked as Primary Image or not? And does it matter if I check the "Can store entire image" on the image field or not?
Not quite sure what is going wrong.