Sports Analytics Market Demand and Growth Analysis Research Report Forecast to 2030
The Global Sports Analytics Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Sports Analytics industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Sports Analytics market along with crucial statistical data about the Sports Analytics market. The research study provides historical data from 2018 to 2019 and offers accurate forecast estimation until 2030. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
The global Sports analytics Market size was USD 2.45 Billion in 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.
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Key insights presented in the report:
- Market revenue shares by major business players, by type, by application, and market scope of global Sports Analytics market
- Sales revenue by key players and new entrants
- Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers
- Recent mergers, acquisitions, product launches, recent investments, and joint ventures
- Regional analysis to provide insight into recent trends and opportunities
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The report offers a panoramic view of the competitive landscape of the industry and a detailed analysis of the key players of the market based on their revenue, profit margins, financial standing, global market position, R&D activities, and product portfolio. It also covers their strategic endeavors such as mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and product launches and brand promotions, among others.
The key players profiled 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
Key Questions Answered in the Report:
- What will be the estimated growth rate of the Sports Analytics market by 2027?
- Who are the prominent distributors, vendors, and manufacturers of the market?
- What are the driving and restraining factors of the growth of the Sports Analytics market throughout the forecast period?
- What are the current and future market trends of the Sports Analytics market?
- What are the sales and price analysis of the product by types, applications, and regions?
- What are the expected opportunities for the companies and new entrants in the coming years?
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Some Key Highlights:
- Based on component, the global sports analytics market is segmented into solutions and services. The solutions segment is expected to lead in terms of revenue share in the global market during the forecast period owing to the increasing trend toward cloud-based solutions that bring benefits in terms of data security and connectivity to end users such as sports organizations. expected. Sports teams, tournaments, pros. Additionally, sports enthusiasts are known to use smartphone applications that analyse data related to games and events. Additionally, increasing use of cloud-based solutions that enable quick access, along with the proliferation of smartphones and other smart devices, has led to increased use of data analytics, driving revenue growth in this segment.
- The North American market is expected to account for the largest share of sales during the forecast period. This is due to the increasing acceptance of sports analytics by sports organizations and technological advances in regions such as the United States and Canada, as well as complementary technological advances. For example, LiDAR could be a game-changer for the NBA franchise used in the context of athletic performance. For example, the new technology, light detection and ranging, uses pulsed lasers to track the smallest movements from a distance, a competitive previous league player tracking technology that offers a new level of value are the factors driving the growth of the market.
- In On July 20, 2022, Kore Software expanded its service offerings and EMEA footprint by acquiring Sports Alliance, a fan data management and digital marketing provider. The Sports Alliance, founded in London, helps sports organizations' marketing teams collect and act on fan data faster. In particular, the company uses his AI insights to develop multi-channel advertising and engagement concepts. Kore will gain access to 140 new customers, expand its global distribution network, and provide additional features and services to its existing customer base of over 1,000 customers.
Market Overview:
The report bifurcates the Sports Analytics market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
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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Thank you for reading our report. Please get in touch with us if you have any queries regarding the report or its customization. Our team will ensure the report is best suited to your needs.
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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