Press release
Sports Analytics Global Market Report 2025: Projected Growth, Driving Factors & Key Market Trends
Seizing Opportunities in the Sports Analytics Market: Unprecedented Growth Expected to Reach $7.87 Billion by 2029.What Is The Projected Market Size Of The Sports Analytics Global Market And Its Growth Rate?
The sports analytics market is experiencing exponential growth with:
• 2024 Market Size: $2.46 billion
• 2025 Market Size: $3.08 billion (25.0% CAGR)
• 2029 Projected Market Size: $7.87 billion (26.5% CAGR)
Key factors contributing to this growth include data availability and integration, fan engagement, performance optimization, improved business operations, and globalization of sports.
What Is Driving The Growth In The Sports Analytics Global Market Report 2025?
The increasing demand for monitoring and tracking data of players is a major driver for growth in the sports analytics market. Sporting federations and organizations are increasingly monitoring athletes to gain insights into their behavior patterns, habits, and performance, enabling coaches to optimize their performance. This has led to the emergence of sports analytics solutions intended to facilitate data-driven decisions. For instance, the U.S. Center for SafeSport saw a rise in reports by 32% from 2022, indicating a growing reliance on resources to address abuse or misconduct in sports. The increasing demand for monitoring and tracking data of players is expected to propel the sports analytics market growth.
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Who Are the Key Players Driving Sports Analytics Global Market Report 2025 Growth?
Major companies operating in the sports analytics market include:
•IBM Corporation
•Oracle Corporation
•SAP SE
•Salesforce Inc.
•Zebra Technologies Corp
•Sports Team Analysis and Tracking Systems
•SAS Institute Inc.
•Tableau Software Inc.
•ExlService Holdings Inc.
•Stats LLC.
What Are The Key Trends In The Sports Analytics Global Market Report 2025?
Key trends in the sports analytics market include:
•Advanced Player Tracking Technology
•Machine Learning and Predictive Analytics
•Esports Analytics
•Integration of Biometrics Data.
What Are The Segments Of The Sports Analytics Global Market Report 2025?
The sports analytics market in the report is segmented into:
1) Component: Solution, Service
2) Deployment Mode: On-premise, Cloud
3) Application: Player Analysis, Team Performance Analysis, Health Assessment, Video Analysis, Other Applications
4) Sport: Football, Cricket, Hockey, Basketball, American Football, Other Sports.
Which Region Leads The Sports Analytics Global Market Report 2025?
North America was the largest region in the sports analytics market in 2024 with Asia-Pacific expected to be the fastest-growing region. The regions covered in the market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Sports Analytics Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Sports Analytics Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Sports Analytics Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Sports Analytics Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Sports Analytics Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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