Global Sports Analytics Market 2023-2027

Global Sports Analytics Market 2023-2027
The sports analytics market is forecasted to grow by USD 4,233.42 mn during 2022-2027, accelerating at a CAGR of 23.25% during the forecast period. The report on the sports analytics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in adoption of cloud-based deployment solutions, growing demand for mobile applications in sports, and significant demand for sports analytics.

Technavio's sports analytics market is segmented as below:

By TypeFootballCricketHockeyTennisOthersBy SolutionPlayer analysisTeam performance analysisHealth assessmentFan engagement analysisOthersBy GeographyNorth AmericaEuropeAPACSouth AmericaMiddle East and AfricaThis study identifies the growth in use of wearable devices as one of the prime reasons driving the sports analytics market growth during the next few years. Also, growing focus on video analytics and integration of advanced technologies into sports analytics will lead to sizable demand in the market.

The report on the sports analytics market covers the following areas:Sports analytics market sizingSports analytics market forecastSports analytics market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sports analytics market vendors that include Blinkfire Analytics Inc., Catapult Group International Ltd., ChyronHego Corp., Deltatre SpA, ExlService Holdings Inc., Experfy Inc., International Business Machines Corp., iSportsAnalysis Ltd., Nielsen Holdings Plc, Oracle Corp., Qualitas Global Services B.V., Salesforce Inc., SAP SE, SAS Institute Inc., Sportcor, Sportradar AG, SportsSource Analytics, Stats Perform group of companies, TruMedia Networks Inc., and Zebra Technologies Corp. Also, the sports analytics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.