Sports Analytics Market Global Demand, Research and Top Leading Player to 2027
Stratview Research delivers key insights on the global Sports Analytics Market. According to Stratview Research, the market is estimated to grow at a decent CAGR of 5.1% during the forecast period to reach a value of US$ 310 Million in 2027.
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The present report can be of high utility for the key decision-makers and growth strategists in terms of precise market insights, forthcoming growth opportunities, and key success factors. Especially, the report also analyses and mentions the possible impact of COVID-19 on the market dynamics. This will not only help in mitigating the uncertain business environment, but also help in rearranging the strategies and future- decisions in a fruitful manner.
Key Players
The following are some of the key players in the Sports Analytics Market:
• IBM
• Zebra Technologies
• Tableau Software
• Catapult
• EXL
• SAS Institute
• HCL
• Chyronhego
• GlobalStep
• Stats Perform
Growth drivers and Market Value:
This report, from Stratview Research Secure Web Gateway market value and growth drivers over the trend period of 2022-27. According to the report -
Sports Analytics market is likely to witness a CAGR of 22.2% during the forecast period. The major factors contributing to the demand for sports analytics is mainly the increasing investments in sports technology for data-driven decisions and the need for player/ team performance improvement.
Segment Analysis:
Based on by Application Type:
Based on the application type, the market is segmented as performance analytics, player and team valuation, player fitness and safety, fan management, and broadcast management. The performance analytics segment is expected to witness the highest growth during the forecast period. Increasing use of Artificial Intelligence (AI) and IoT technologies in order to improve the performance of an athlete is the major factor driving the growth of the performance analytics segment.
Based on Regional:
In terms of regions, North America is estimated to be the largest, whereas Asia-Pacific is expected to be the fastest-growing sports analytics market during the forecast period, with the USA, China, Japan, India, Australia, and South Korea being the major countries with lucrative growth opportunities. The growth of the Asia-Pacific’s market is majorly driven by the growing digitalization trend, the emergence of various sports leagues, and the increasing investments in the market.
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FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
- What is the global demand for Sports Analytics Market in terms of revenue?
- Which are the prominent players in the market?
- At what CAGR is the market projected to grow within the forecast period?
- What are the driving factors fuelling the growth of the market?
- Which region accounted for the largest share in the market?
- How did the Covid19 impacted the market?
- How long will it take to recover from the Covid impact?
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