Press release
Sports Analytics Market 2022 Future Growth, Development Analysis by Top Key Players- Stats LLC, Catapult Sports, SportRadar, SAP SE, IBM, SAS Institute, Tableau and Accenture
Sports analytics received a major boost from wearable devices, video cameras and various sensors. SportVU camera systems are used in basketball leagues and pitch f/x and field f/x technologies are used in the Major League Baseball. Few vendors have capitalized by providing hardware and later associated analytics. Big data and cloud technology played a major role in the growth of sports analytics and several vendors have their own cloud powered analytics platform. The platform is being used for various applications in business intelligence and performance analytics. With the help of cloud technology, vendors in video analysis provide unlimited video storage and video analytics and services.Top Manufacturer Detail-
Stats LLC, Catapult Sports, SportRadar, SAP SE, IBM, SAS Institute Inc., Tableau and Accenture
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The Worldwide Sports Analytics market is expected to grow at a CAGR of 40.1% during the forecast period 2016-2022 to touch an aggregate of $3.97 billion by 2022. The sports analytics market is segmented into sports type, applications and regions. The major applications covered in the report are fan insights & engagement analysis, team management analysis, business operations analysis, video analysis, injury and health assessments, and others.
The sports type segment covers team/group sports and individual sport. The team sports include various leading sports namely, American Football, Association Football, Cricket, Hockey, Baseball, Basketball, and Others. The team sports segment is expected to hold the major market share in sports analytics market, with association football dominating the market. In terms of adoption, baseball and basketball clubs have a high adoption rate. While NHL is a new entrant in the world of analytics, NFL is still facing difficulties in adopting it in strategy, planning and scouting. Football remains the largest potential market for analytics.
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Table of Contents
1 Industry Outlook
1.1 Industry Overview
1.2 Industry Trends 13
1.3 PEST Analysis 14
2 Report Outline 15
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions 17
3 Market Snapshot 18
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.3 Related Markets
3.3.1 Sports Law Analytics
3.3.2 eSports 19
4 Market Outlook
4.1 Overview 19
4.2 Market Definition-Publisher
4.3 Ecosystem 21
4.4 Market Segmentation
4.5 Porter 5 (Five) Forces
5 Market Characteristics 23
5.1 Market Trends 23
5.2 Market Dynamics 23
5.3 Drivers 24
5.3.1 Necessity for data-based decision-making
5.3.2 Investments to gain a competitive advantage over other clubs
5.3.3 Increasing interest in revenue generation through fan engagement
5.3.4 Rising interest among fans in statistics 25
5.4 Restraints 25
5.4.1 Professional teams being considerably small businesses 25
5.4.2 Sticking of sports clubs to traditional culture 25
5.5 Opportunities 26
5.5.1 Opportunities in predictive analytics for various applications
5.5.2 Analytics of biometric and locational data 2
5.5.3 Opportunities in individual sports in international sporting events 26
5.6 DRO-Impact Analysis
6 Sports Type: Market Size and Analysis
6.1 Overview
6.2 Team/Group Sports 28
6.2.1 American Football 29
7 Applications: Market Size and Analysis
7.1 Overview
7.2 Fan Insight and Engagement Analysis
7.2.1 Overview 53
7.2.2 Current Market Scenario
7.2.2.1 Customer analytics and loyalty
7.2.2.2 Fan engagement
7.2.2.3 Marketing planning and execution
7.3 Video Analysis
7.3.1 Overview
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