Global Sports Analytics Market
Global Sports Analytics Market
By Deployment Model (Cloud-based, On-premise), Component (Solution, Services), Application (Data interpretation and analysis, Player analysis, Team performance analysis, Video analysis, Fan engagement, Health assessment), and Regional Market Size, Status and Forecast to 2025
The Global Sports Analytics Market was valued at USD 135.23 million in 2016 and is projected to reach USD 2,432.30 million by 2025, growing at a CAGR of 37.86% from 2017 to 2025.
Sports analytics are a collection of relevant, historical, statistics that when properly applied can provide a competitive advantage to a team or individual. Through the collection and analysis of these data, sports analytics inform players, coaches and other staff in order to facilitate decision making both during and prior to sporting events. Sports analytics provides functionalities that include – player personnel evaluation, athletic performance forecasting, statistical analysis of in-game activity, integration of big data, and data interpretation.
1. Market Drivers
1.1 Rising demand of analytics for complex data streaming
1.2 Availability of cost effective and high end computing solution
1.3 Rising amount of on-field data
1.4 Increasing demand for real-time data access
1.5 Growing need for predictive insights into fan preferences
2. Market Restraints
2.1 Lack of technical expertise
2.2 Poor knowledge about technology in sports
2.3 Budget constraints
The Global Sports Analytics Market is segmented on the deployment model, component, application, and region.
1. By Deployment Mode:
2. By Component:
3. By Application:
3.1 Data interpretation and analysis
3.2 Player analysis
3.3 Team performance analysis
3.4 Video analysis
3.5 Fan engagement
3.6 Health assessment
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
The major players in the market are as follows:
1. SAS Institute, Inc.
2. Stats LLC
3. IBM Corporation
5. Oracle Corporation
6. Trumedia Networks
7. Sportingmindz Technology Pvt. Ltd.
8. Opta Sports
9. Prozone Sports Ltd. (A Stats Company)
10. Tableau Software, Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Sports Analytics Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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