Market Overview
According to APO statistics, the global sports analytics market is expected to exhibit a CAGR of 20.2% during the review period. Sports analysis is the examination of sports information, including sports components such as player performance, business assignments, and enlistment. This information provides benefits to both individuals and groups participating in competitions and sporting endeavors. Motion analysis utilizes numerical and factual guidelines for motion. It is divided into on-site and off-site analysis. On-field analysis improves player performance and coaches staff by focusing on player technique and fitness. Sports Analytics uses insights to help owners of gaming content to be present in options that further the extended development and benefits of their business.
The key growth drivers for the global sports analytics market are rising requirements for real-time data access and growing demand for fan preferences. For predictive insights. Moreover, the revolution in mobile technology is expected to create promising opportunities for key market players in the future.
market segmentation
The Global Sports Analytics Market has been categorized based on Sports, Deployment Model, Application, Type, Component and Region.
Based on sports, the global sports analytics market has been segmented into football, rugby, baseball, cricket, basketball, and others. Based on type, the global sports analytics market has been segmented into on-field and off-field. The components segment divides the market into solutions and services.
In terms of deployment model, the global sports analytics market has been segmented into on-premises and cloud. Based on application, the global market has been segmented into performance tracking and analytics, event ticket pricing and merchandising, fitness assessment and injury prediction, fan engagement and digital experience analytics, player scouting and valuation, and others.
Regional Analysis
Geographically, the global sports analytics market has been segmented into Asia Pacific, North America, Europe, and Rest of the World.
North America is likely to lead the market owing to the largest market contribution of 42.3% in 2020. The regional market is attributed to the growing demand for agile, scalable, and economical computing in North America.
Europe is expected to be the second largest sports analytics market due to the mature region of the continent, followed by Asia Pacific. Germany showcases the largest regional market. The increasing tendency of team directors and tutors to use ongoing information to determine game procedures and organize teaching sessions in the area are some of the underlying factors that are expected to increase the scheduling of physical exams.
The main participants
Some of the key players operating in the global sports analytics market include Oracle (US), IBM Corporation (US), Sportradar AG (Switzerland), SAP SE (Germany), SAS Institute Inc. (US), Trumedia Networks (US) , Deltatre (UK), Hudl (US), Salesforce.Com Inc. (US), Stats Perform (US), CatAPOt Group International Ltd. (Australia), Accenture plc (Ireland) and Experfy Projects (US).
COVID 19 Impact
We have been tracking the impact of the COVID-19 pandemic on various industries and verticals across all sectors. Due to the impact of COVID-19 on the industry, our research report contains the same to help you understand the decline and rise. Additionally, we help you identify the gap between supply and demand in your market of interest. Additionally, the report helps you in your analysis, revisions to government regulations, and many other useful insights.
