Artificial Intelligence in Sports Market 2021 Highlights Recent Trends, Market Growth, Business Opportunities till 2026

The Artificial Intelligence in Sports Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Artificial Intelligence in Sports market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Artificial Intelligence in Sports market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Artificial Intelligence in Sports market.

The Artificial Intelligence Market in Sports market is expected to grow at a CAGR of 28.72% during the forecast period 2021 - 2026

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Top Leading Companies of Artificial Intelligence in Sports Market are - SAS Institute Inc., Opta Sports (Perform Group), Sportsradar AG, Catapult Group International Ltd, IBM Corporation, SAP SE, SAS Institute Inc., Trumedia Networks, Salesforce.com Inc. (Tableau Software Inc.) and others.

Industry News and Updates:

- July 2019 - STATS and Perform completed their merger creating the leading sports company in artificial intelligence (AI) and data, to operate under the new name Stats Perform. The partnership is expected to provide deeper, more robust data and insights essential to a growing portfolio of global partners.

- March 2019 - STATS, announced the launch of AutoSTATS, the first artificial intelligence (AI) and computer vision technology that delivers comprehensive player-tracking data through any broadcast.

Key Market Trends:

Fan Engagement is Emerging as a Major Area of Application

- Fans today are much more than just consumers. They want to participate, analyze, critique, fantasize, and connect with their favorite team members and teams in real-time. They are becoming true brand partners in this era of leagues. Understanding and leveraging this new relationship is vitally important for the clubs.
- The season ticket holders contribute the largest share to any club’s revenue. This has made these customers a top priority by any measure. However, clubs and ticket vendors find themselves increasingly competing with the at-home experience as they try to attract more fans to the stadium. Data and analytics provide insights into fan preferences. Through micro-segmentation, AI can help teams offer promotional coupons to specific fans.

North America is Expected to Continue to be the Largest Market in the World

- The North American region is home to one of the most vibrant domestic league systems in the world. There is a substantial social and economic investment in sports at the university and the League Level. The United States is one of the leading sporting countries in the world. Stanford University states that the four major professional sports in the United States account for 0.1% of national economic activity.
- Moreover, most of the American leagues and clubs are sponsored by the corporates and the region has the most skilled workforce in the world, thereby aiding the growth of Artificial Intelligence in Sports. According to the US Census Bureau, the revenue of sports teams and clubs in the United States is expected to reach USD 35 billion by the end of 2020.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Artificial Intelligence in Sports Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Artificial Intelligence in Sports Market (%),2016 - 2026
- Artificial Intelligence in Sports Market Share, By Brand
- Artificial Intelligence in Sports Market Share, By Company
- Artificial Intelligence in Sports Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Artificial Intelligence in Sports Market Value Analysis & Forecast
- Promising Artificial Intelligence in Sports Development by Major Companies
- Detailed Artificial Intelligence in Sports Portfolio of the Major Companies
- Major Deals in the Artificial Intelligence in Sports Market
- Major Companies Analysis

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