Press release
AI In Sports Market Report 2024: Strategies And Recent Developments | International Business Machines Corporation, SAP SE, SAS Institute Inc., Sportradar AG, Amazon Inc
AI In Sports Market Characteristics
The Business Research Company offers in-depth market insights through AI In Sports Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The ai in sports market size has grown exponentially in recent years. It will grow from $1.85 billion in 2023 to $2.43 billion in 2024 at a compound annual growth rate (CAGR) of 31.2%. The growth in the historic period can be attributed to performance optimization demands, fan engagement enhancement, injury prevention and management, strategic decision-making, market competitiveness.
The ai in sports market size is expected to see exponential growth in the next few years. It will grow to $6.69 billion in 2028 at a compound annual growth rate (CAGR) of 28.8%. The growth in the forecast period can be attributed to evolution of sports analytics, enhanced athlete development programs, global expansion of ai technologies, growing emphasis on data security, integration with wearable technologies. Major trends in the forecast period include expansion of ai in esports, ai-based sports betting and predictive analytics, ethical use and data privacy concerns, collaboration with sports science and medicine, customized fan experiences through ai.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=10726&type=smp
Market Segmentation:
The ai in sports market covered in this report is segmented -
1) By Solution: Software, Hardware
2) By Game Type: Football, Cricket, Tennis, Basketball
3) By Deployment: Cloud, On-Premise
4) By Technology: Machine Learning, Natural Language Processing, Computer Vision, Data Analytics, Other Technologies
5) By Application: Game Planning, Game Strategies, Performance Improvement, Injury Prevention Sports Recruitment, Others Applications
Major Driver - Surge In Wearable Device Demand Propels Growth Of AI In The Sports Market
The increasing demand for wearable devices is expected to propel the growth of AI in the sports market going forward. Wearable devices refer to electronic devices that can be worn on the body and are designed to collect and monitor data related to health, fitness, and activity levels. AI in sports often uses wearable devices to track and monitor athletes' performance data and provide insights into an athlete's performance and identify areas for improvement. For instance, in January 2021, according to the Gartner Inc. prediction, global end-user spending on wearable devices will reach $81.5 billion in 2021. Additionally, 533.6 million AI medical devices were shipped in 2021. Therefore, the increasing demand for wearable devices is driving the growth of AI in the sports market.
Competitive Landscape:
Major companies operating in the ai in sports market report are International Business Machines Corporation, SAP SE, SAS Institute Inc., Sportradar AG, Amazon Inc., Microsoft Corporation, Apple Inc., Opta Sports company, Catapult Group International Ltd., Trumedia Networks, Salesforce.com Inc., Synergy Sports Technology, Krossover, The Chyron Corporation, FocusMotion, VeoRide Inc., Athos, Arccos Golf LLC, Square Off, Kitman Labs, Zone7 Technologies Inc, KINEXON Sports & Media GmbH, Second Spectrum Inc., Zebra Technologies India Pvt. Ltd., Facebook Inc., Stats Perform, ChyronHego Corporation, ShotTracker Inc., PlaySight Interactive Inc., Hawk-Eye Innovations Ltd.
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/ai-in-sports-global-market-report
Top Trend - Technological Advancements In The AI In The Sports Market
Technological advancements are a key trend gaining popularity in AI in the sports market. Major companies operating in AI in the sports market are adopting new technologies to sustain their position in the market. For instance, in October 2022, Epoxy ai., a US-based AI-driven sports technology solutions company, launched its Audience Cloud technology. This cutting-edge sports technology gives critical information to gaming operators and sports media organizations, allowing them to understand better how their customers interact with their products over time as consumers change with the seasons and their fandoms evolve. This technology employs custom-built AI to provide a constant picture of sports fan behavior, allowing for improved sports gaming and media analysis. Furthermore, the audience cloud continuously collects user data from various sources, such as betting, viewing trends, and a range of other contextual indicators.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. AI In Sports Market Characteristics
3. AI In Sports Market Trends And Strategies
4. AI In Sports Market - Macro Economic Scenario
5. AI In Sports Market Size And Growth
…..
27. AI In Sports Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release AI In Sports Market Report 2024: Strategies And Recent Developments | International Business Machines Corporation, SAP SE, SAS Institute Inc., Sportradar AG, Amazon Inc here
News-ID: 3429031 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Sports
Sports Tourism Market Future Business Opportunities 2024-2031 |Victory Sports To …
Latest Report, titled "Sports Tourism Market" Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031, by Coherent Market Insights offers a comprehensive analysis of the industry, which comprises insights on the market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The report features a comprehensive table of contents, figures, tables, and charts, as well as insightful analysis. The Sports Tourism market has been expanding significantly…
Sports Nutrition Market By Type (Sports Supplements, Sports Food, Sports Drinks, …
Global Sports Nutrition Market 2023 Research Report initially provides a basic overview of the industry that covers definition, applications and manufacturing technology, post which the report explores into the international players in the market.
Download Sample PDF at https://www.theinsightpartners.com/sample/TIPRE00006894?utm_source=OpenPR&utm_medium=10379
Key Players Analysis:
Glanbia Plc
PepsiCo Inc.
The Coca-Cola Company
LOVATE HEALTH SCIENCES
Clif Bar & Company.
BULK POWDERS
Abbott
Yakult Honsha Co., Ltd.
MUSCLEPHARM CORPORATION
GNC HOLDINGS INC
The report covers key developments in…
Sports Tourism Market to Witness Massive Growth| ITC Sports Travel, Sports Tours …
A latest study released by HTF MI on Global Sports Tourism Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Sports Tourism market. The study provides historical data (i.e. Volume** & Value) from 2013 to 2018 and forecasted till 2025*. Some are the key & emerging players that are BAC…
Sports Tourism Market 2019 - BAC Sport, Great Atlantic Sports Travel, ITC Sports …
Global Sports Tourism Market 2019-2023:
With the rise in Global Sports Tourism Market, the need for niche Market has grown by a staggering rate. This has resulted in a major push in the Global Sports Tourism Market Industry Market. With Global Sports Tourism Market gaining traction across the globe including the developing Markets of APAC and Africa, many software providers have jumped onto the software bandwagon to develop and provide Global…
Sports Tourism Market Breakdown of Leading Market Player’s 2018-2022: Great At …
ReportsWeb.com has announced the addition of the “Global Sports Tourism Market Size Status and Forecast 2018-2022” The report classifies the global Sports Tourism Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Sports Tourism market, analyzes and researches the Sports Tourism development status and forecast in United States, EU, Japan, China, India and Southeast…
Professional Sports Leagues Dominate U.S. Licensed Sports Merchandise Market By …
"The Report US Licensed Sports Merchandise Market: Trends, Opportunities and Forecasts (2016-2021) (By Segment - Sports Apparel, Sports Footwear, Sports Equipment -Videogames, Sporting goods and Toys; By Leagues - NFL, NBA, MLB, NHL; By Key Players - Competitive Landscape) provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"
MarketResearchReports has announced the addition of a new research report providing an executive-level blueprint…
