Global Sports Analytics Market Overview And Prospects – Includes Sports Analytics Market Share
Learn about the global sports analytics market through The Business Research Company, which provides information on sports analytics market size, sports analytics market drivers and restraints, sports analytics market players, the COVID-19 impact on the sports analytics market, and more.
The global sports analytics market is expected to grow from $1.28 billion in 2021 to $1.61 billion in 2022 at a compound annual growth rate (CAGR) of 26.42%. The global sports analytics market size is expected to reach $4.15 billion in 2026 at a CAGR of 26.67%.
The increasing demand for monitoring and tracking data of players will propel the growth of the sports analytics market.
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The sports analytics market consists of sales of sports analytics solutions by entities (organizations, sole traders, and partnerships) that refer to software platforms that run on mathematical and statistical principles to provide data-driven insights into sports and related peripheral activities. Sports analytics frequently employs the same fundamental methods and approaches to analysis. It offers parameters for measurement, such as hit or fumble rate, and consistently collects data from a broad sample for the analysis process.
Global Sports Analytics Market Segments Include:
By Component: Solution, Service
By Deployment Mode: On-premise, Cloud
By Application: Player Analysis, Team Performance Analysis, Health Assessment, Video Analysis, Others
By Sport: Football, Cricket, Hockey, Basketball, American Football, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global sports analytics market in 2021.
Technological advancement is a key trend gaining popularity in the sports analytics market. Technology has been changing the way that sports are evaluated. These analytics platforms and software are utilizing advanced technologies such as AI and machine learning to carry out complex tasks in athlete performance monitoring, case studies, and other activities.
TBRC’s Sports Analytics Market Report Covers:
Major Market Players: TruMedia Networks, Sportradar AG, Catapult Group International Limited, Stats Perform, Sportingmindz Technology Pvt Ltd, iSportsAnalysis, Agile Sports Analytics LLC, SAS Institute Inc, Genius Sports Group, Zebra Technologies, Advanced Sports Analytics, Physimax Technologies, FORMCEPT, Exasol, IceBergs Sports, and ChyronHego Corporation.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Sports Analytics Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides sports analytics market overviews, analyzes and forecasts market size, share, sports analytics market players, sports analytics market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s sports analytics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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