Sports Analytics Market is Expected to Reach US$ 9.12 Bn by 2031
Sports Analytics Market to grow at a CAGR of 6%The Sports analytics market is expected to reach US$ 9.12 Bn by 2031, and is estimated to grow at a CAGR of 33% during the forecast period 2021-2031. According to latest research, sports analytics market is set to witness significant growth during 2021-2031.
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In recent years, team management institutes has started working on gathering information and facts about players and other team’s player performances. It helps team management to evaluate team performance, optimizing the training curriculum, tracking individual players, and monitoring injuries at an individual level.
It also helps to streamline the team selection process, deciding players’ lineup, and formulating in-game strategies, to calculate player performance and fitness variables, such as heartbeat, speed, acceleration, and many more. The market will show significant growth in coming years, owing to increase in demand of monitoring and tracking data of players and data aggregation in the sports industry.
Key Players:
The report has profiled some of the Important players prevalent in the global like – IBM Corporation, Oracle Corporation, SAP SE, Sportradar AG, Tableau Software, Agile Sports Analytics LLC, SAS Institute Inc., Tableau Software LLC, EXL, GlobalStep, Catapult, Experfy, IceBergs Sports, Chyronhego, ChyronHego Corporation, Deltatre, Genius Sports Group, Sportradar AG, Orreco, Qualitas Global, iSportsAnalysis, Zebra Technologies, Physimax Technologies, FORMCEPT and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Sports Analytics.
What is Driving Demand for Sports Analytics?
Increase in investments in sports technology for data-driven decisions as well as rise in demand for monitoring and tracking data of players augmenting the growth of sports analytics market. Also the demand for the wearable devices also increases as these devices gives important data like heartbeat, speed, and acceleration.
Sports analytics helps team management, support staff, managers and coaches to utilize real-time data. It make easier for support staff to formulate the gaming strategies, game plans, organize training sessions, work out plans as per the individuals as well as for teams.
Key Segments
By Component
Sports Analytics Solutions
Cloud Based
On-Premises
Services
By Sport Type
Individual Sports
Boxing
Tennis
Racing
Athletes
Team Sports
Cricket
Football
Hockey
Basketball
By Application
Performance Analysis
Team Performance Analysis
Competitor Analysis
Management
Player Fitness and Safety
Player and Team Valuation
Fan Engagement
Broadcast Management
Live
VAR
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Sports Analytics Market Manufacturers
Sports Analytics Market Distributors/Traders/Wholesalers
Sports Analytics Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Major Highlights of the Sports Analytics Market Report:
The Sports Analytics Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
The report dives deeper into the market and explains the dynamic factors bolstering market growth.
The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
The report analyzes the Sports Analytics Market presence across major regions of the world.
It determines the production & consumption capacities and demand & supply dynamics of each regional market.
The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.
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