Global Sports Analytics Market Size is Projected to Grow from USD 1.9 Billion in 2019 to USD 5.2 Billion by 2024 - ResearchAndMarkets.com

The "Sports Analytics Market by Sports Type (Individual and Team), Component, Application (Performance Analysis, Player Fitness and Safety, Player and Team Valuation, and Fan Engagement), Deployment Model, and Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The sports analytics market size is projected to grow from USD 1.9 billion in 2019 to USD 5.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 22.0% during the forecast period.

The global sports analytics market size to grow at a CAGR of 22.0% during the forecast period

The sports analytics market is driven by increasing demand for predictive analysis, which is boosting fans' experience in stadiums and provides detailed statistical data for athletes' performance analysis. Predictive analysis helps in boosting athlete performance by optimizing ticket pricing. A few of the restraints for the market growth are the dearth of the budget for investing in advanced technologies by various teams and leagues and the lack of awareness for various advanced technologies in the sports analytics market.

Team sports segment to grow at the highest CAGR during the forecast period

The sports analytics market by sports is segmented into individual sports and team sports. The team sports segment is expected to grow at a rapid pace during the forecast period. The sub-segments of team sports considered in the report are cricket, football, hockey, and basketball. The football sub-segment has the highest growth rate during the forecast period, due to the increased number of leagues performance in various regions. The growth of this segment can be attributed to the increasing deployment of the sports analytics technology, which leads to the rising demand for pre- and post-match performance videos to have better analyzing capability for players performance.

Performance analysis segment to grow at the highest CAGR during the forecast period

The sports analytics market by application has been segmented into performance analytics, player fitness and safety, player and team valuation, fan engagement, and broadcast management. The performance analysis segment is growing at a fast pace due to the increasing demand for structured data required by teams and coaches for better analyzing and improving the player performance. Furthermore, followed by performance analysis, fans engagement is also growing, which increases the overall revenue of various sports, leagues, and clubs.

Asia Pacific to grow at the highest CAGR during the forecast period

Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. The growth is attributed to the emergence of various sports analytics software and services, which help the player get a statistical and structured data to analyze the performance and increase the use of digital-based technology, such as sensory devices.

Key Benefits of Buying the Report

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall sports analytics market and sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report further helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Key Topics Covered:

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Market Scope

1.4 Currency Considered

1.5 Stakeholders

2 Research Methodology

2.1 Research Data

2.2 Market Breakup and Data Triangulation

2.3 Market Size Estimation

2.4 Market Forecast

2.5 Assumptions for the Study

2.6 Limitations of the Study

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in the Sports Analytics Market

4.2 Market Top 3 Applications

4.3 Market By Region

5 Market Overview and Industry Trends

5.1 Introduction

5.2 Market Dynamics

5.3 Use Cases

5.4 Regulatory Implications

6 Sports Analytics Market, By Sports Type

6.1 Introduction

6.2 Individual Sports

6.3 Team Sports

7 Sports Analytics Market, By Application

7.1 Introduction

7.2 Performance Analytics

7.3 Player and Team Valuation

7.4 Player Fitness and Safety

7.5 Fan Engagement

7.6 Broadcast Management

8 Sports Analytics Market, By Deployment Model

8.1 Introduction

8.2 On-Premises

8.2.1 On-Premises: Operational Drivers

8.3 Cloud

8.3.1 Cloud: Operational Drivers

9 Sports Analytics Market, By Component

9.1 Introduction

9.2 Solutions

9.2.1 Solutions: Operational Drivers

9.3 Services

9.3.1 Services: Operational Drivers

10 Sports Analytics Market, By Region

10.1 Introduction

10.2 North America

10.3 Europe

10.4 Asia Pacific

10.5 Middle East and Africa

10.6 Latin America

11 Competitive Landscape

11.1 Competitive Leadership Mapping

11.2 Strength of Product Portfolio

11.3 Business Strategy Excellence

12 Company Profiles

12.1 Introduction

12.2 IBM

12.3 Tableau Software

12.4 Zebra Technologies

12.5 Catapult

12.6 EXL

12.7 SAS Institute

12.8 HCL

12.9 Chyronhego

12.10 GlobalStep

12.11 Stats Perform

12.12 Exasol

12.13 TruMedia Networks

12.14 DataArt

12.15 Orreco

12.16 Quant4Sport

12.17 Physimax Technologies

12.18 FORMCEPT

12.19 Qualitas Global

12.20 iSportsAnalysis

12.21 IceBerg Sports Analytics

For more information about this report visit https://www.researchandmarkets.com/r/qsqaza

View source version on businesswire.com: https://www.businesswire.com/news/home/20200123005578/en/