Press release
Generative AI in Sports: 2024 Global Market Report
Generative Artificial Intelligence (AI) in Sports Market Trends
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Report Coverage & Details:
• Forecast Period: 2024-2033
• Base Year: 2023
• Market Size In 2024: $0.22 billion
• Revenue Forecast In 2033: $0.58 billion
• CAGR: 27.8%
Global Generative Artificial Intelligence (AI) in Sports Market: Segmentation
The generative artificial intelligence (ai) in sports market covered in this report is segmented -
1) By Sports Type: Football, Tennis, Cricket, Basketball, Hockey, Golf, Other Sports
2) By Deployment: On-premises, Cloud-based
3) By Application: Performance Analysis, Game Strategies, Sports Equipment Design, Other Applications
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Generative Artificial Intelligence (AI) in Sports Market Report: Growth Drivers
The increasing occurrence of sports injuries is expected to drive the growth of generative artificial intelligence (AI) in the sports market going forward. Sports injuries refer to any physical harm sustained during athletic activities, exercise, or sports. Generative AI can help prevent sports injuries by creating realistic training scenarios that allow athletes to practice proper techniques and identify potential injury risks in a safe, controlled setting. For example, in 2023, the National Safety Council reported that the total number of sports and recreational injuries rose by 11%, increasing from 3,231,885 in 2021 to 3,631,970 in 2022. Therefore, the growing number of sports injuries is propelling the growth of generative AI in the sports market.
Key Developments:
Greenfly Enhances Sports Digital Media Platform With Acquisition Of Miro AI
In July 2023, Greenfly, a US-based software company, acquired Miro AI for an undisclosed amount. The acquisition aims to transform Greenfly's digital media platform for the sports industry, enabling real-time access to short-form digital media, enhancing fan engagement, and strengthening its position in the market. Miro AI is a US-based provider of AI-powered content as a service (CaaS) platforms for various sports.
Top Market Leader Included:
Google LLC, Amazon Web Services (AWS), Intel Corporation, International Business Machines Corporation, NVIDIA Corporation, Baidu Inc., Zebra Technologies Corporation, Stats Perform Group LLC, Tempus Ex, GumGum Inc., Noah Basketball LLC, Catapult Sports, Genius Sports, PlaySight Interactive Ltd., ChyronHego Corporation, Whistle Sports Inc., Sportlogiq Inc., SportsMEDIA Technology, Hawk-Eye Innovations Ltd., Opendorse Inc., Spiideo AB, Beyond Sports, ShotTracker, Kinduct Technologies Inc., MVP Interactive Inc., Perform Group Ltd, Second Spectrum Inc., PlayGineering Systems
Generative Artificial Intelligence (AI) in Sports Industry: Regional Landscape
North America was the largest region in the generative artificial intelligence (AI) in sports market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the generative artificial intelligence (AI) in sports market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the generative artificial intelligence (AI) in sports market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
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What Does The Global Generative Artificial Intelligence (AI) in Sports Market Report Include?
1.Introduction
• Overview of the Generative Artificial Intelligence (AI) in Sports Market
• Comprehensive Analysis of Generative Artificial Intelligence (AI) in Sports Market
2. Generative Artificial Intelligence (AI) in Sports Market Drivers and Restraints
• Drivers and Restraints For Historic And Forecast Period
3. Generative Artificial Intelligence (AI) in Sports Market Segmentation
• By Drug Class
• By Indication
• By Distribution Channel
4. Competitive Landscape And Company Profiles In The Generative Artificial Intelligence (AI) in Sports Market
• Overview
• Products and Services
• Strategy
5. Generative Artificial Intelligence (AI) in Sports Market Regional And Country Analysis
• By Region
• By Country
6. Market Trends And Opportunities In Generative Artificial Intelligence (AI) in Sports Market
• Technological Advancements
• Emerging Trends
7. Generative Artificial Intelligence (AI) in Sports Market Future Outlook and Potential Analysis
• Growth Strategies
• New Opportunities
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