The Global Sports Analytics Market study includes a thorough analysis of market dynamics as well as historical and current data analysis. The report also discusses the key market growth driving and restraining factors that are likely to affect market growth during the forecast period. The Global Sports Analytics Market undertakes market scenario research to provide growth projections for the Sports Analytics industry from 2022 to 2030. The analysis focuses on potential growth possibilities and difficulties that market leaders may run across during the forecast period. The study places a lot of emphasis on newly emerging business elements, specialised sectors, product launches, and brand promotions that are taking place in the market.
The global Sports analytics Market size was USD 2.45 Billionin 2021 and is expected to register a revenue CAGR of 27.3% during the forecast period, according to latest analysis by Emergen Research.
Revenue growth of the market is mainly driven by factors such as increasing adoption of big data in addition to other related technologies, increasing demand for real-time data access, and increasing adoption of wearable devices by athletes. Sports Analytics helps companies find innovative technology in sports and provides a variety of solutions for key business models for building and managing teams.
Efficient sports analytics help athletes and sports organizations gain a competitive advantage, enabling them to make efficient decisions and develop effective strategies for their games. Customization of products related to sports analytics makes efficient use of big data analytics. Analysts can identify prospective leagues based on past success and the player’s ability to attract an audience. For example, leagues with larger stadiums are great candidates to generate more ticket sales revenue. Sports teams can use the data to identify followers who have attended games, traveled around the stadium, or made purchases within the stadium. This information is important for executives as it allows them to focus on sponsor outreach and engagement inside and outside the stadium.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Exlservice Holdings Inc., International Business Machines Corporation, HCL Technologies Limited, Tableau Software, Inc., SAS Institute Inc., Experfy, Inc., Sportradar AG, Oracle Corporation, Catapult Group International Limited, Deltatre SpA
Target Audience of the Global Sports Analytics Market Report:
- Key Market Players
- Investors
- Venture capitalists
- Small- and medium-sized and large enterprises
- Third-party knowledge providers
- Value-Added Resellers (VARs)
- Global market producers, distributors, traders, and suppliers
- Research organizations, consulting companies, and various alliances interested in this sector
- Government bodies, independent regulatory authorities, and policymakers
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Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Segmentations of the Sports Analytics Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Sports Analytics market on the basis of product, application, and region:
Segments Covered in this report are:
- Component Outlook (Revenue, USD Billion; 2019–2030)
- Services
- Solutions
- Sports Type Outlook (Revenue, USD Billion; 2019–2030)
- Basketball
- Football
- Rugby
- Baseball
- Cricket
- Others
- Deployment Outlook (Revenue, USD Billion; 2019–2030)
- On-premises
- Cloud
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Additional information offered by the report:
- Along with a complete overview of the global Sports Analytics market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Sports Analytics market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
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