Sports Analytics Market Present Size, Top Key Vendor, Trend, Regional Analysis by Key Players | Industry Forecast to 2028
The global sports analytics market size reached USD 2.20 Billion in 2020 and is expected to register a CAGR of 21.8%,during the forecast period, according to latest analysis by Emergen Research. Increasing demand for players performance tracking and analysis is one of the key factors expected to continue to drive global sports analytics market revenue growth over the forecast period.
Significant driving forces shaping the future of the Sports Analytics Market for the forecast period 2020 – 2028 find a special mention in the study and are backed by a real-time statistics. Thorough segmentation of the industry by type, application, classification, and geography works as an impetus towards increasing the sale figures and boosting business prospects alongside the hindrances that often restrict the industry’s growth. In addition, bifurcation of the market on the basis of consumption volume, customer preference, end-user, and production capacity is explained through important resources including but not limited to charts, graphic images, and tables.
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increasing demand for sports analytics solutions to determine value of players in player transfers is another factor expected to boost revenue growth of the global sports analytics market in future. Furthermore, rising sports technology investments for data-driven decision making is expected to augment the global sports analytics market growth over the forecast period.However, lack of awareness about advantages of sports analytics solutions is expected to hamper growth of the global sports analytics market over the forecast period.
Some Key Highlights From the Report
Solution segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing mobile apps usage to analyses data related to games is expected to boost revenue growth of this segment going ahead.
The football segment is expected to lead in terms of revenue over the forecast period due to increasing popularity of football globally.
Increasing adoption of cloud-based sports analytics solutions to optimize revenues and efficiently automate facilities for routine maintenance is expected to drive revenue growth of the cloud segment, which is expected to lead in terms of revenue contribution to the global sports analytics market during the forecast period.
The on-field segment is expected to lead in terms of revenue over the forecast period due to increasing usage of sports analytical solutions in several outdoor games including rugby, football, cricket, baseball, basketball, hockey, and others.
Factors such as rising adoption of sports analytics among sports organizations in countries such as the United States and Canada are expected to drive growth of the market in North America during the forecast period.
Key companies operating in the market include:
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, and Deltatre SpA
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Key Benefits of Buying the Global Sports Analytics Market :
In-depth analysis of market drivers, restraints, trends, and opportunities
Comprehensive regional analysis of the Global Sports Analytics Market
Extensive profiling of the key stakeholders of the business sphere
Detailed analysis of the factors influencing the growth of the Global Sports Analytics Market
Comprehensive analysis of the changing competitive landscape
Assists in decision making processes for the businesses along with detailed strategic planning methodologies
The report offers an 8-year forecast and assessment of the Global Sports Analytics Market
Helps in understanding the key product segments and their estimated growth rate
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The Technology industry has rapidly grown in terms of revenue in the recent years and is expected to register robust revenue growth throughout the forecast period. Factors such as technological advancements in manufacturing techniques and rapid urbanization and industrialization are boosting market revenue growth. These factors along with latest trend for redevelopment and advanced flooring for aesthetic look and increasing adoption of automation across the globe are technological market growth. In addition, government schemes and increasing investments to develop enhanced products is expected to open favorable growth opportunities going ahead.
Emergen Research has segmented the global sports analytics market on the basis of component, sports type, deployment, analysis, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
Sports Type Outlook (Revenue, USD Billion; 2018–2028)
Deployment Outlook (Revenue, USD Billion; 2018–2028)
Analysis Outlook (Revenue, USD Billion; 2018–2028)
Player & Team Analysis
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Geographical distribution of the includes analysis of the Sports Analytics Market leading players present in the key regions of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report offers valuable insights into the market size, share, growth rate, production and consumption rate, supply and demand ratio, import/export, revenue contribution, and strategies adopted by the prominent companies located in each region. Overall, the report offers deep insights into the current and emerging trends of the Sports Analytics Market , along with the projected growth rate over the forecast timeline.
Table of Contents:
Chapter 1 includes an introduction of the global Sports Analytics Market , along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.
Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application
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