Sports Analytics Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc.
“Sports Analytics Market Size Worth $4.6 Billion By 2025 | CAGR: 31.2%�
The global sports analytics market size is expected to reach USD 4.6 billion by 2025, expanding at a CAGR of 31.2%, according to a new study by Grand View Research, Inc. Increasing preference for sports as a career option coupled with the growing demand for tracking and monitoring live data of players is expected to drive the market growth. Use of analytics in sporting events help different stakeholders including sportsperson, associations, and fanatics to get in-depth insights on live in-game activity as well as the past game events. Sports generate huge amount of data that can be used for tracking player information and thereby gain competitive insights on opponent’s strategy. Companies worldwide are investing in research and development in order to develop state-of-the-art solutions that can process such voluminous data and help end-users gain competitive insights. Several gaming associations such as the Royal Spanish Football Federation, German Football Association, and National Basketball Association (NBA) have begun implementing analytical tools. Such tools help in crunching numbers in order to predict the possible outcome of a future game event as well as to gain insights on individual player and team performance. Analytical tools use historically generated data as well as on-going real-time statistics to provide insightful information to the stakeholders involved in sports ecosystem. Analytical tools help gain first-hand information such as opponent history, win-loss records, player line-up, and player specific info including speed attained, acceleration achieved, and energy levels. Moreover, this data is also used by aficionados, which in turn, increases their involvement in the game. Growing involvement of fans thus helps to increase the popularity of the sport among people.
Browse Details of Report @ market
https://www.grandviewresearch.com/industry-analysis/sports-analytics-
Further key findings from the study suggest:
Follow Us:
The market is witnessing growth owing to wide range of benefits offered by analytic solutions, especially with respect to the in-game strategy formulation
The software segment held a major share in the market, accounting for more than 55.0% of the total revenue generated in 2018. With the advent of cloud computing and associated benefits in terms of flexibility offered with respect to accessibility, demand for cloud-based analytical solutions a has surged over the last few years
The on-field analysis segment dominated the market in 2018 and is expected to expand at the highest CAGR during the forecast period. This is owing to growing popularity of game that needs player monitoring through use of sensors embedded in clothes and equipment
The off-field segment is expected to exhibit a considerable CAGR owing to the growing trend towards understanding the dynamics of the game among aficionados
The football segment held the major share in 2018. Higher share of this segment is attributed to tremendous popularity of the sport, especially among European countries
North America is expected to account for the highest share followed by Europe during the forecast period. Growing investments by the companies in developed markets to develop advanced big data analytics solutions is flourishing the regional market
Key players include Experfy Projects; Oracle; IBM Corporation; SAP; Sportradar AG; Tableau Software; and SAS Institute Inc.
Grand View Research has segmented the global sports analytics market on the basis of component, analysis type, sport, and region: Sports Analytics Component Outlook (Revenue, USD Million, 2014 - 2025) Software
Services
Sports Analytics Analysis Type Outlook (Revenue, USD Million, 2014 - 2025) On-field
o
Player & Team Analysis
o
Video Analysis
o
Health Assessment
Off-field o
Fan Engagement
o
Ticket Pricing
Sports Analytics Sport Outlook (Revenue, USD Million, 2014 - 2025) Football
Cricket
Baseball
Basketball
Follow Us:
Rugby
Others
Sports Analytics Regional Outlook (Revenue, USD Million, 2014 - 2025) North America
o
U.S.
o
Canada
Europe o
U.K.
o
Germany
o
France
Asia Pacific o
China
o
India
o
Japan
Latin America o
Brazil
o
Mexico
Middle East & Africa (MEA)
Table of Content Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data Sources Chapter 2. Executive Summary 2.1. Sports Analytics - Industry Snapshot & Key Buying Criteria, 2014 - 2025 Chapter 3. Sports Analytics Industry Outlook 3.1. Market Segmentation & Scope 3.2. Market Size and Growth Prospects, 2014 - 2025 3.3. Value Chain Analysis 3.4. Market Dynamics 3.4.1. Market driver analysis 3.4.2. Market restraint/challenge analysis
Follow Us:
3.4.3. Market opprtunity analysis 3.5. Penetration & Growth Prospect Mapping 3.6. Company Market Share Analysis, (2018) 3.7. Industry Analysis - Porter's 3.8. PEST Analysis Chapter 4. Sports Analytics Market: Component Outlook 4.1. Vehicle Access Control Market Share by Component, 2018 & 2025 (USD Million) 4.2. Software 4.2.1. Market estimates and forecasts, 2014 - 2025 (USD Million) 4.2.2. Market estimates and forecasts by region, 2014 - 2025 (USD Million) 4.3. Service 4.3.1. Market estimates and forecasts, 2014 - 2025 (USD Million) 4.3.2. Market estimates and forecast by region, 2014 - 2025 (USD Million) Continue…………. About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market y provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and factbased research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com For More Information: http://www.grandviewresearch.com
Follow Us: