Global Sports Analytics Market 2019-2026
Global sports analytics market is expected to show strong growth since the tools to assess player’s fitness and team performance rises across the sports industry. Such data generally pertains to monitoring and tracking of players where the data may be collected by the use of wearable devices. The data is thus analyzed for the purpose of gaining insights about players’ behavior and performance. Some of the main metrics in this regard are speed, endurance level and general strength.
Global sports analytics market was estimated to be worth $560 million in 2018 and it is expected to show impressive CAGR of 30 percent between 2019 and 2024. There are several factors which are expected to contribute towards the growth of the market. one of the biggest proponents of such growth is the increasing awareness about fitness levels. The amount of data available about the vital statistics of players is extremely. The analysis of such data thus requires the use of specialized software.
Global sports analytics market is highly dynamic and fast changing. Apart from looking at the growth drivers, the report also seeks to identify various challenges faced by the market. The market is highly dependent upon innovation and thus requires heavy outlay of funds on research and development activities. Such outlay acts as a barrier for entry of new firms in the market. Further, smaller firms may find it difficult to have robust margins on account of high costs.
Top Key Vendors:
SAS Institute Inc.
Catapult Group International Ltd.
Tableau Software Inc.
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Global sports analytics market is highly complex and dynamic. The report segments the Sports Analytics market basis type and application.
On the basis of types, the market has been divided into Fan Insights & Engagement Analysis, Team Management Analysis, Business Operations Analysis, Video Analysis, Injury & Health Assessments and Others.
Further classification of the market can be done on the basis of application of analytics. Using this approach, the market may be segmented into Football, Cricket, Hockey, Basketball, American Football, Rest of Sports. Football as a sport, exhibits the highest growth since it accounts for the largest share in this market owing to mad rush at leagues such as UEFA, MLS, EPL and ISL championships league.
Since sports analytics has a global appeal, it is imperative that the entire market is divided on the basis of geographic locations as well. The markets tend to have specific features which depend heavily on their geographical location. For example, different countries have their own popular sports and the data demand may thus differ. The report recognizes various significant markets which are United States, Europe, China, Japan, India, Southeast Asia, Central and South America, Middle East & Africa and Other Regions. North American region recorded the highest growth in 2018 owing to heavy technological adoption lead by US.
Major players in the sports analytics market include OPTA Sports Data LTD, STATSports, SAP Sports & Entertainment (SAP Sports One), and IBM Sports and Entertainment Solutions, among others.
The emergence of big data has affected all the industries including sports industry. Sports analytics involves identification, collection and analysis of various sports related statistics. The industry is moving in a fast manner as newer devices for capturing data are being designed. Further, the use of advanced software for the purpose of analyzing the information has also transformed the market.
Table of Contents:
1 Sports Analytics Market Overview
2 Global Sports Analytics Market Landscape by Player
3 Players Profiles
4 Global Sports Analytics Production, Revenue (Value), Price Trend by Type
5 Global Sports Analytics Market Analysis by Application
6 Global Sports Analytics Production, Consumption, Export, Import by Region (2014-2019)
7 Global Sports Analytics Production, Revenue (Value) by Region (2014-2019)
8 Sports Analytics Manufacturing Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Market Dynamics
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