Sports Analytics Market, a $16.5 billion Industry by 2030 with a CAGR of 22.9 % - Strategic Market Research

New York, United States, May 27, 2022 (GLOBE NEWSWIRE) -- Sports analytics accumulate historical and relevant statistics that offer a competitive advantage to an individual or a team. Through the overall accumulation and analysis of these data, sports analytics inform the players, coaches, and other staff members to enhance the decision-making process during and before the sporting events. The software segment dominated the entire sports analytics market by components with approximately 57 percent in 2020. According to the analysis, it will maintain its dominance throughout the forecasted period of 2020-2030. Moreover, on a regional basis, North America had the greatest proportion of the entire market, at around 28 % of the total market share in 2020. However, on the other side, the Asia-Pacific region accounted for the highest CAGR of the market from 2020 to 2030.

To get a first-hand overview of the report, Request a Sample at 
https://www.strategicmarketresearch.com/request-sample/sports-analytics-market

The segmentation outline of the latest report published by Strategic Market Research on the Sports Analytics Market is as follows:

By Component Outlook

• Software
• Service

By Sports

• Football
• Cricket
• Baseball
• Basketball
• Rugby
• Others

Regions

• North America
• Europe
• Asia-Pacific
• LAMEA

Make a Direct Purchase of the latest Sports Analytics Market Report published in the month of April 2022. Click the below link to initiate the purchase: 

https://www.strategicmarketresearch.com/buy-now/sports-analytics-market

The global Sports Analytics Market is prevised to reach a market value of USD 16.5 Billion by 2030 from USD 2.1 Billion in 2020, at a CAGR of 22.9 percent during the forecasted period. The growing preference for using innovative technologies among the team managers and the coaches to utilize the real-time data to construct a wide range of gaming strategies and arrange the training sessions is the key driver propelling the market growth. Moreover, the rise in the adoption of smart sports gadgets to get quantitative information for improving game performance is increasing globally. Also, the increase in the investment by sports organizations to adopt a data-driven decision-making strategy, ranging from player recruitment to fan engagement, is anticipated to augment the total demand for the sports analytics market.

By components, the Software Segment possessed the largest share of the Sports Analytics Market

By components, the software market segment led the sports analytics market with 57 percent share in the year 2020.In sporting events, the team managers prefer of using various software applications. With the help of the software applications, managers can efficiently optimize their advertising and marketing campaigns. For example,front-office team of Texas Rangers, a professional American baseball team is utilizing Tableau Software and LLC’s sports management software. The software delivers a 360-degree view of all the operations, like in-stadium food & beverage sales, real-time ticket and merchandise sales, game attendance, promotional activities, etc.

By sports, the Football Segment dominated the entire Sports Analytics Market

Based on sports, Sports Analytics Market is classified into Football,Cricket, Baseball, Basketball, Rugby, and Others. Among these, the Football segment possessed the highest market share, and it is expected to maintain its dominance throughout the forecasted period. It is because football is one of the most popular sports globally. Also, it is expected to have a CAGR of over 24 percent throughout the forecasted period. According to FIFA, around 265 million people, including both men and women, play football globally out of which there are around 3.5 billion football fans. These numbers keep on increasing as football gains popularity worldwide.

North America held the maximum Share in Sports Analytics Industry

In 2020, North America accounted the maximum share of 28% in sports analytics market. Key parameters favouring the growth of the sports analytics market growth in North America are surge in the utilization of AI technology, rising investments in technologies by associations, such as the NBA (National Basketball Association), Major League Baseball (MLB)etc..On the other hand, the APAC region held the highest CAGR during the forecasted period. According to recent data, National Football League has the highest average per game attendance, attractingnearly66 k average spectators per game & more than 16 million people throughout the season.

Before initiating a purchase, make a Pre-order enquiry and get a detailed overview of the content of the report.

https://www.strategicmarketresearch.com/pre-order-enquiry/sports-analytics-market 

The major players that are covered in the Global Sports Analytics Market report are:

• Oracle Corporation
• Catapult
• ChyronHego Corporation
• Sportradar AG
• IBM Corporation
• SAP SE
• Experfy Inc.
• Deltatre
• SAS Institute Inc.
• Agile Sports Analytics, LLC
• Genius Sports Group
• Stats Perform

Kindly go through and get access to our comprehensive coverage of myriad number of Information And Communication Technology reports published in the last three months: 

 https://www.strategicmarketresearch.com/reports/information-and-communication-technology

Global Sports Analytics Market: Recent Developments

• In February 2022, Exasol launched a DBaaS on AWS, which will allow users to gather and accumulate data from various sources, including APIs or event data streaming.
• In May 2021, Stats Perform inaugurated PressBox, an all-in-one online platform solution that delivers results at a higher speed than ever before. It is a platform for revenue generation by generating subscriptions with the major engagement of the fans.
• In July 2020, Sportsradar AG announced a mutual collaboration with the governing body for the badminton tournaments, Badminton Europe, which primarily takes place all over Europe. This deal estimatesSportsradar to become an exclusive data partner for all the badminton competitions all across the region.
  
  

Related Reports

Automotive Wiring Harness Market

The vital report on “Automotive wiring harness market” Insights & Forecast 2030 published by Strategic Market Research delivers a 360-degree concept of the various market insights. The market was valued at 46.82 billion in 2020, and it's anticipated to rise up to 74.46 billion by 2030 with a promising CAGR of 4.75 %.The perennial rise in demand for electronic devices and the rise in the installation of technologically advanced systems are the key vital factors that are expediting the market growth significantly. Some of the key companies that are associated with the market are Aptiv PLC, Yazaki Corporation, Furukawa Electric Co., Ltd, Lear Corporation, Fujikura Ltd, NexansAutoelectricGmbh, SamvardhanaMotherson Group, Leoni AG, Sumitomo Electric Industries, Ltd, and Yura Corporation.

Terminal Tractor Market

The vital report on “terminal tractor” Insights & Forecast 2030 published by Strategic Market Research delivers a crystal clear idea of the key market insights. The market was valued at 693.81 Million in 2020, and it's estimated to increase up to 1049.95 Million by 2030 with a decent CAGR of 4.23 %. The most significant drivers of this market are the improvement of business conditions, the rise in investments in the manufacturing sector, and the continuous increase in automotive manufacturing in the Asian countries are expediting the market growth. The topmost players in the Global terminal tractor market are MAFI Transport-System GmbH, SANY Group, Terberg Group B.V., Kalmar Inc., Hyster-Yale Group, Inc., Cargotec, REV Group Inc., Linde Material Handling, CVS Ferrari S.p.A., and Konecranes Oyj

Micro Irrigation Systems Market

The vital report on “micro-irrigation systems Market” Insights & Forecast 2030 published by Strategic Market Research elucidates a concrete understanding of the pivotal market insights. The market was valued at 9.13 billion in 2020, and it's expected to rise to a benchmark of 30.26 billion by 2030 with a robust CAGR of 12.73%. Some of the most significant factors driving the market are rising productivity requirements from a limited region or area, rapid growth in greenhouse vegetable production, and the surge in the overall usage of artificial intelligence in microirrigation systems. The most prominent players operating in the market are Hunter Industries, Netafim Ltd., Rain Bird Corporation, Jain Irrigation Systems Ltd., Lindsay Corporation, Nelson Irrigation, Rivulis Irrigation., Valmont Industries, Inc., The Toro Company, T-L Irrigation Co.

Underfloor Heating Market

The vital report on the Underfloor heating market Insights & Forecast 2030, published by Strategic Market Research, asserts a concrete understanding of the pivotal market insights. The market was valued at 4.38 billion in 2020 and is assumed to grow up to 8.97 billion by 2030 with a decent CAGR of 7.44%. The surge in the adoption of various underfloor heating solutions, the perennial rise in the demand for cost-effective heating solutions, and the growing need for a higher level of thermal comfort are the key drivers propelling the overall growth of the market. The key players in the Global flooring heating market are Resideo Technologies Inc, Uponor, Danfoss, Daikin, nVent Electric, Rehau, Emerson, WARMUP INC, Robert Bosch, Mitsubishi Electric, Siemens, Thermosoft International, and Honeywell.

Metakaolin Market

The vital report on Metakaolin Market Insights & Forecast 2030 published by Strategic Market Research delineates a concrete understanding of the key market insights. The market was valued at 767.91 million in 2020 and is predicted to reach up to 1.16 billion by 2028 with a CAGR of 5.13%. The rise in the expansion of the construction industry is one of the significant drivers fostering the overall growth of the metakaolin Market. The leading players operating in the Global metakaolin market are Imerys, Jinyu Kaolin Chemical, SCR-Sibelco, KERAMOST, MMK, Arciresa, I-Minerals, Poraver, Burgess, Jinyang Kaolin, Thiele Kaolin, Metacaulim, YukunMinine, Advanced Cement Technologies, BASF.

About Us:
Strategic Market Research facilitates the organizations globally in taking pivotal business decisions by furnishing the Syndicated and Customized Research Reports, which are highly precise in terms of market numbers. We believe that every firm, whether it is a startup which is in the Introduction stage of the Product Life cycle or an established one which is at the growth stage, requires market research services in order to streamline its key business blueprint. It may be related to Product Launch, Go to Market strategies, Competitive Analysis or new geographical penetration and expansion.

Contact Us:
Strategic Market Research LLP.
Sunil Kumar 
US: +1-8317045538
UK: +441256636046
India: +91-8260836500
Email: info@strategicmarketresearch.com
Web: https://www.strategicmarketresearch.com
Blog: https://www.strategicmarketresearch.com/blog
Press Release: https://www.strategicmarketresearch.com/press-releases

Connect Us:
LinkedIn: https://www.linkedin.com/company/strategic-market-research/
Twitter: https://twitter.com/smrstrategic
Facebook: https://www.facebook.com/StrategicMarketResearch
Instagram: https://www.instagram.com/strategicmarketresearchsmr/