Global Sports Analytics Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Sports Analytics Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global Sports Analytics market report has been segmented on the basis of deployment, application, and region.
Global Sports Analytics Market: Overview
Sports analytics solution offers a tools to assess relevant and historical data such as fitness and team performance of player that help organization as well as player to analyses and improve their performance in future.
Global Sports Analytics Market: Dynamics
Rising preference towards IT-aligned approach across sports industry, owing to increasing need to extract real-time actionable insights is a key factor expected to drive growth of the global market over the forecast period.
In addition, increasing technological development such as improvements in recording devices regarding resolution, visual clarity, and noise cancellation along with increasing number of frames captured per second that enables smooth functioning used in sports analytics. This factor is expected to further fuel growth of the target market over the forecast period.
Moreover, increasing preference towards adoption of big data and artificial intelligence for sports analytics is another factor expected to boost growth of the target market over the forecast period.
Furthermore, increasing demand for sports analytics by management executives, coaches, and mentors in order to access real-time relevant information is another factor expected to support growth of this market over the forecast period.
However, lack of skilled workforce including data scientists, need of high research and development activities, and limited funding are some major factors expected to restrain growth of the global market over the forecast period.
Ongoing trend observed in the target market is increasing use of Internet of Things (IoT) coupled with sports analytics solutions that enables audience to get sophisticated data of player and team performance. This trend is expected to support growth of the target market over the forecast period.
Rising adoption of cloud-based solutions for analytics of complex data is expected to create potential revenue opportunities for players operating in the target market over the forecast period.
Global Sports Analytics Market: Segment Analysis
Among the deployment segments, the cloud segment is expected to dominate in the global market in terms of revenue over the forecast period.
Among the application segments, the team performance analysis segment is expected to register significant market share in the target market over the forecast period, owing to rising demand for analyzing player and team’s performance data.
Global Sports Analytics Market: Regional Analysis
The market in North America is expected to dominate in the global market in terms of revenue over the forecast period, owing to high adoption rate of sports analytics due to increasing baseball and basketball leagues across various countries in the region.
The market in Europe is expected to register significant market share over the forecast period, owing to increasing investment in fitness and performance analytics, and business intelligence across various countries in the region.
The markets in Asia Pacific and Middle East are expected to create lucrative opportunities for players operating in the target market, owing to rising investments in sports by public and private organizations and increasing number of leagues across various countries in these regions.
Global Sports Analytics Market Segmentation:
Segmentation by deployment:
Segmentation by application:
- Player Analysis
- Team Performance Analysis
- Health Assessment
- Video Analysis
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- International Business Machines Corporation
- SAP SE
- SAS Institute Inc.
- Tableau Software, Inc.
- Oracle Corporation
- STATS LLC
- TruMedia Networks LLC
- Sportingmindz Technology Pvt. Ltd.
- Global Sports Analytics, LLC
- Exponent Inc.
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