Sports Analytics Market Size to Surpass US$ 5,584 million by 2028

Sports Analytics Market Size to Surpass US$ 5,584 million by 2028

by Ashwin Naphade

As per recent citations, Global Sports Analytics Market will grow from USD 1,614 million in 2021 to USD 5,584 million by 2028, achieving a CAGR of 19.4 percent, according to the latest edition of the Global Sports Analytics Market Report. Sports analytics is a field that applies data analysis techniques to analyze various components of the sports industry, such as player performance, business performance, recruitment, and more.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global sports analytics market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the sports analytics industry.

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This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the component, type, sport, deployment model, application, and region. The global market for sports analytics can be segmented by component: solutions, services. The solutions segment captured the largest share of the market in 2021. Sports analytics market is further segmented by type: on field, off field. The on field segment held the largest share of the global sports analytics market in 2021 and is anticipated to hold its share during the forecast period. Based on sport, the sports analytics market is segmented into: baseball, cricket, football, rugby, others. On the basis of deployment model, the sports analytics market also can be divided into: on premises, cloud based. Among these, the cloud based segment was accounted for the highest revenue generator in 2021. Sports analytics market by application is categorized into: performance tracking and analysis, health assessment and injury prediction, fan engagement and digital experience analysis, event ticket pricing and merchandise sales, player scouting & valuation, others. The sports analytics market by region can be segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By component:

- solutions

- services

By type:

- on field

- off field

By sport:

- baseball

- cricket

- football

- rugby

- others

By deployment model:

- on premises

- cloud based

By application:

- performance tracking and analysis

- health assessment and injury prediction

- fan engagement and digital experience analysis

- event ticket pricing and merchandise sales

- player scouting & valuation

- others

By region:

- Asia Pacific

- Europe

- North America

- Rest of the World (RoW)

The report also provides a detailed analysis of several leading sports analytics market vendors that include Accenture plc, Agile Sports Technologies, Inc., Catapult Group International Ltd., Deltatre S.p.A., Experfy Inc., International Business Machines Corporation, Oracle Corporation, Salesforce, Inc., SAP SE, SAS Institute Inc., Sportradar AG, Stats Perform, TruMedia Networks, Inc., among others.

Questions And Answers: Global Sports Analytics Market

Q1. What is the CAGR that the Sports Analytics Market is expected to register through the projected duration?

Answer: The Sports Analytics Market is likely to register a CAGR of 19.4% over the forecast period.

Q2. How much is the Sports Analytics Market expected to be worth by the end of the year 2028?

Answer: Sports Analytics Market is likely to surpass a mammoth of USD 5,584 billion by the end of 2028.

Q3. Which Are the Key Players in Global Sports Analytics Market?

Answer: Agile Sports Technologies, Inc., Catapult Group International Ltd., Deltatre S.p.A., Experfy Inc., International Business Machines Corporation, Oracle Corporation, Salesforce, Inc., SAP SE, SAS Institute Inc., Sportradar AG, Stats Perform, TruMedia Networks, Inc., among others.

For More Details on This Report: https://www.marketstudyreport.com/reports/global-sports-analytics-market-2022-2028        

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Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest Read more...