Global Sports Software Market 2023-2027

Global Sports Software Market 2023-2027
The sports software market is forecasted to grow by USD 8659.57 mn during 2022-2027, accelerating at a CAGR of 16.36% during the forecast period. The report on the sports software 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 the increasing need to improve competitive strategies in sports, growing demand for sports analytics, and growing demand for mobile applications in sports.

Technavio's sports software market is segmented as below:

By End-userClubsCoachesLeaguesSports associationOthersBy DeploymentCloud-basedOn-premisesBy Geographical LandscapeNorth AmericaEuropeAPACSouth AmericaMiddle East and AfricaThis study identifies the emergence of machine learning in sports software as one of the prime reasons driving the sports software market growth during the next few years. Also, the emergence of VR technology and AI in sports and the growing focus on video analytics will lead to sizable demand in the market.

The report on the sports software market covers the following areas:Sports software market sizingSports software market forecastSports software 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 software market vendors that include Constellation Software Inc., Daktronics Inc., Digital Edge Sport Inc., EDGE10 Group Ltd., Engage Sports LLC, Global Payments Inc., International Business Machines Corp., Jevin, LeagueApps Inc., SAP SE, SPay Inc., Sport 80 Services Ltd , Sportlyzer LLC, SportsEngine Inc. , Stats Perform group of companies, Team Topia Inc., TeamSideline.com, TeamSnap Inc., TopDog Sports, and Upper Hand Inc.. Also, the sports software 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 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 accurate market growth.