The global sports analytics market size reached USD 2.20 Billion in 2020 and is expected to register a CAGR of 21.8%, during the forecast period, according to latest analysis by Emergen Research. Increasing demand for player's performance tracking and analysis is one of the key factors In addition, increasing demand for sports analytics solutions to determine value of players in player transfers is another factor expected to boost revenue growth of the global sports analytics market in future. Further, rising sports technology investments for data-driven decision making is expected to augment the global sports analytics market growth over the forecast period.
The market intelligence report is a prototype of the 360 ° overview of the global sports analytics industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end- use applications.
The current COVID-19 pandemic is expected to have an effect on the growth of the sports analytics industry majorly led to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global The report covers the impact analysis of the COVID-19 pandemic on the overall. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. sports analytics industry.
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Market Dynamics:
The report offers insightful information about the market dynamics of the sports analytics market. It offers SWOT analysis, PESTEL analysis, and Porter's Five Forces analysis to present a better understanding of the sports analytics market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the sports analytics market.
Some Key Highlights from the Report
- Solution segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing mobile apps usage to analyzes data related to games is expected to boost revenue growth of this segment going ahead.
- The football segment is expected to lead in terms of revenue over the forecast period due to increasing popularity of football globally.
- Increasing adoption of cloud-based sports analytics solutions to optimize revenues and efficiently automate facilities for routine maintenance is expected to drive revenue growth of the cloud segment, which is expected to lead in terms of revenue contribution to the global sports analytics market during the forecast period ..
- The on-field segment is expected to lead in terms of revenue over the forecast period due to increasing usage of sports analytical solutions in several outdoor games including rugby, football, cricket, baseball, basketball, hockey, and others.
- Factors such as rising adoption of sports analytics among sports organizations in countries such as the United States and Canada are expected to drive growth of the market in North America during the forecast period.
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Competitive Landscape:
The report includes a comprehensive overview of the company profiles along with product profiles, production capacities, products / services, pricing analysis, profit margins, and manufacturing process developments. The report The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies Profiled in the Report:
Key players in the market include Exlservice Holdings Inc., International Business Machines Corporation, HCL Technologies Limited, Tableau Software, Inc., SAS Institute Inc., Experfy, Inc., Sportradar AG, Oracle Corporation, Catapult Group International Limited, and Deltatre SpA.
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sports analytics Market Segmentation:
By Product Type:
Component Outlook (Revenue, USD Billion; 2018–2028)
- Services
- Solutions
Sports Type Outlook (Revenue, USD Billion; 2018–2028)
- Basketball
- Football
- Rugby
- Baseball
- Cricket
- Others
By Application:
Analysis Outlook (Revenue, USD Billion; 2018–2028)
- Off-field
- Ticket Pricing
- Fan Engagement
- On-field
- Video Analysis
- Player Team Analysis
- Health Assessment
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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