Stratview Research has recently published a report on the Sports Analytics Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2028.

The Market is Segmented by Sports Type (Individual Sports and Team Sports), by Application Type (Performance Analytics, Player and Team Valuation, Player Fitness and Safety, Fan Management, and Broadcast Management), by Deployment Model Type (On-Premises and Cloud), by Component Type (Solutions and Services), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Sports Analytics Market Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Sports Analytics Market  is projected to reach from US$ 3.07 billion in 2022 to US$ 12.89 billion in 2028 at a CAGR of 27.01% during the forecast period.

Some of the companies drive the market growth:

  • IBM, SAS Institute,
  • Tableau Software,
  • EXL,
  • GlobalStep,
  • Catapult,
  • SportsSource Analytics,
  • HCL,
  • Experfy,
  • IceBergs Sports,
  • Chyronhego,
  • Stats Perform,
  • Exasol,
  • TruMedia Network,
  • DataArt,
  • Orreco,
  • Advanced Sports Analytics,
  • Qualitas Global,
  • iSportsAnalysis,
  • Quant4Sport,
  • Physimax Technologies,
  • Zebra Technologies.

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Segments Analysis

Deployment Model Type:

  • The market is segmented as on-premises and cloud-based.
  • The cloud-based segment is likely to remain the dominant segment of the market during the forecast period.
  • Benefits of cloud-based model such as scalability, cost-effectiveness, privacy, data quality, and data integrity are the key factors propelling the dominance of the segment in the market.

Region Analysis

  • North American market share is more than 27.2% in 2021 and 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 market is majorly driven by the growing digitalization trend, the emergence of various sports leagues, and the increasing investments in the market.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

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