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Sports League Software Market By Business Top Key Players, Growth, Trend, Segmentation, Revenue and Industry Expansion Forecast Report, The Insight Partners
Sports League Software Market
The report provides study at global and regional level to provide comprehensive value market analysis for the years (2017 & 2018 - Historic Years, 2019 - Base Year and 2020-2027 Forecast Period). The Sports League Software Market research report is a wide-ranging study of current trends, market growth drivers, and restraints. Each market segment is broadly analyzed at a powdered level by region (North America, Europe, Asia Pacific, Middle East & Africa, and South& Central America) to provide thorough information on the global and regional level.
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According to our latest market study on "Sports League Software Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Deployment (Cloud-Based and On-premises) and Application (Small & Medium Enterprises and Large Enterprises)," the market was valued at US$ 556.60 million in 2019 and is projected to reach US$ 907.25 million by 2027; it is expected to grow at a CAGR of 6.4% from 2020 to 2027.
Players Mentioned are -
•ACTIVE Network, LLC
•Engage Sports, LLC
•EZFacility
•Jersey Watch
•LeagueRepublic
•PlayyOn, Inc.
•Stack Sports
•SportsEngine, Inc.
•TeamSnap, Inc.
•TeamTracky
Geographically, the sports league software market is segmented into five major regions North America, Europe, APAC, MEA, and SAM. North America held the largest share of the global sports league software market owing to the rising digitalization trend, the advent of several sports leagues, and the growing investments in the region. In 2019, the region contributed ~37% revenue share to the overall sports league software market. In terms of market share, Europe and APAC held the second and third position respectively in 2019. The increasing adoption of the cloud deployment model coupled with rising investment in technologies used in the sports industry and growing professional sports leagues are among the key factors expected to fuel the demand for sports league software in all the geographies during the forecast period, i.e. 2020 to 2027.
Europe is a crucial region for the growth of the sports league software market during the forecast period owing to the increasing number of companies investing in advanced sports league software. The region is characterized by the presence of well-developed nations such as Germany, the UK, and France, which are the key markets for the adoption and growth of sports league software. APAC is anticipated to be the fastest-growing region with an impressive CAGR of 8.1% during 2020-2027. APAC comprises various developing economies such as China, India, and several southeast countries. The rising popularity of various sports, economic growth, the surge in the number of Internet-accessible devices, and growing number of sports clubs and leagues are the major factors that are anticipated to offer ample growth opportunities for sports league software market players in APAC.
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Impact of COVID-19 on Sports League Software Market
As per the latest WHO situation report dated 9th August 2020, the overall COVID-19 confirmed cases in the Asia Pacific region crossed 2.96 million with more than 61,000 deaths. Mobility restrictions, cancellation/postponement of various big sports events such as Tokyo 2020 Olympics, and restrictions on group/sports activities due to COVID-19 outbreak have affected the overall sports industry in this region. The COVID-19 outbreak has also adversely impacted the overall competitiveness, job market, and economic growth of many countries in the region. Additionally, the growing caution among countries such as the US, Australia, and Canada to attend any sports events happening in the Asia Pacific region is further putting pressure on sports industry growth in the region. Also, there is an uncertainty around organization of various big sports events such as Indian Premier League (IPL), Nippon Professional Baseball (NPB), Australian Football League (AFL), and National Rugby League (NRL). Hence, the unpredictability regarding the status of COVID-19 outbreak in coming future especially in the APAC region, where the confirmed cases graph is going upwards may affect the growth of sports league software market in coming quarters owing to reduced demand among clubs and leagues.
Presently, small and medium-sized enterprises (SMEs) which include national and local governing bodies, clubs, leagues and individual users held a substantial share of the sports league software market owing to the emergence of a large number of such organizations at national, state, and local levels in all the major geographic regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South America. Hence, it is also anticipated to be the fastest growing application segment in the global sports league software market from 2020 to 2027. On a global level, SMEs are increasingly moving towards digital transformation to improve operational efficiency and reduce costs by utilizing solutions such as sports league software. Hence, SMEs offer a huge growth opportunity for players operating in the global sports league software market.
The Insight Partners Sports League Software Market Research Report Scenario includes:
•The report provides qualitative and quantitative trends of global Sports League Software Market across type, type of products, service, and geography.
•The report starts with the key takeaways (Chapter Two), highlighting the key trends and outlook of the global Sports League Software Market.
•Chapter Three provides the research methodology of the study.
•Chapter Four further provides PEST analysis for each region.
•Chapter Five highlights the key industry dynamics in the Sports League Software Market, including factors that are driving the market, prevailing deterrent, potential opportunities as well as future trends. Impact analysis of these drivers and restraints is also covered in this section.
•Chapter Six discusses the global Sports League Software Market scenario, in terms of historical market revenues, and forecast till the year 2027.
•Chapter Seven to ten discuss Sports League Software Market segments by type, type of application, service, and geography across North America, Europe, Asia-Pacific, Middle East and Africa, South and Central America. They cover market revenue forecast, and factors driving and governing growth.
•Chapter Eleven describes the industry landscape analysis. It provides detailed description of various business activities such as market initiatives, new developments, mergers and joint ventures globally along with a competitive landscape.
•Chapter Twelve provides the detailed profiles of the key companies operating in the global Sports League Software Market. The companies have been profiled on the basis of their key facts, business description, products and services, financial overview, SWOT analysis, and key developments.
•Chapter Thirteen, i.e. the appendix is inclusive of a brief overview of the company, glossary of terms, contact information, and the disclaimer section.
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Email: sales@theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Life Science, Technology, Healthcare, Manufacturing, Automotive and Defense, Food Beverages, Chemical etc.
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