PUBLISHER: Grand View Research | PRODUCT CODE: 1301219
PUBLISHER: Grand View Research | PRODUCT CODE: 1301219
Sports Analytics Market Size, Share & Trends Analysis Report By Component (Software, Service), By Analysis Type (On-field, Off-field), By Sports (Football, Cricket, Basketball, Baseball, Rugby), By Region, And Segment Forecasts, 2023 - 2030
Sports Analytics Market Growth & Trends
The global sports analytics market size is expected to reach USD 6,340.7 million by 2030, registering a CAGR of 25.1% from 2023 to 2030, as per a new report by Grand View Research, Inc. The increasing preference for data in decision-making by associations and organizations is expected to fuel market growth. Managers and coaches use sports analytics solutions to gain multiple parameters, in-depth analysis, and player performance, and design training sessions using collected insights. These solutions offer predictive analysis to study the physical parameters of players to prevent future injuries.
The sports industry produces large volumes of information in raw data that do not provide clear insights. However, if the data is processed further, it can provide valuable insights about the entire team and individual players. Sports analytics solutions analyze the raw data and provide essential insights in real time using graphical interfaces. Sports analytical tools help analyze data such as opponent history, player line-ups, win-loss records, and various player metrics such as distance covered, speed, stamina, acceleration, and energy levels.These insights can be shared with managers, coaches, and fantasy gaming applications.
Leading associations and teams have already implemented sports analytical solutions by hiring professional analysts to improve the team and individual performances by obtaining valuable insights and gaining a competitive edge over opponents on and off the field. Sports bodies such as National Basketball Association (NBA), Royal Spanish Football Federation, German Football Association, and many others have already deployed analytical tools to analyze the results of future game events.
Teams have adopted sports analytics solutions to analyze player fitness, overall performance, and fan engagement. For instance, in February 2023, Sports Info Solutions (SIS) and Gemini Sports Analytics partnered to develop sports analytics solutions for their clients. Gemini Sports Analytics has created a sports-specific AI and automated machine learning technology that enables sports organizations to make decisions using predictive analysis. Sports Info Solutions offers sports data & analytics services to teams across NBA, NFL, and MLB.
SIS plans to use Gemini's predictive analytics technology to help teams make effective game strategies and maximize player performance. Additionally, in October 2022, Veritone Inc., the creator of aiWARE, partnered with Stats Perform, a leading sports tech company that provides data and AI for real time game updates. The collaboration aims to combine Veritone's synthetic voice AI technology and Stats Perform's trusted Opta sports data and bring it to a global platform.
Sports Analytics Market Report Highlights
- Football is predicted to expand at the fastest CAGR of 27.7% in the sports category over the forecast period, owing to rapid adoption of the latest technologies and large expenditures made by teams and associations for sports analytics solutions
- Based on analysis, the on-field segment is anticipated to grow at the fastest rate of 26.5% over the projection period, owing to the increasing implementation of sports analytics solutions for health assessment, video analysis, and player & team analysis in the sports industry
- The software segment is expected to experience the highest growth during the forecast period, owing to the increasing popularity of cloud-based sports analytics software, which provides flexibility and accessibility
- North America has traditionally been the largest market for sports analytics, with the U.S. being the primary market in the region. However, other regions such as Europe and the Asia Pacific are also seeing significant growth in this space
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definitions
- 1.3 Information Procurement
- 1.3.1 Information Analysis
- 1.3.2 Market Formulation & Data Visualization
- 1.3.3 Data Validation & Publishing
- 1.4 Research Scope And Assumptions
- 1.4.1 List To Data Sources
Chapter 2 Executive Summary
- 2.1 Sports Analytics Market Snapshot
- 2.2 Sports Analytics - Segment Snapshot
- 2.3 Sports Analytics - Competitive Landscape Snapshot
Chapter 3 Sports Analytics Market - Industry Outlook
- 3.1 Market Lineage Outlook
- 3.2 Value Chain Analysis
- 3.3 Market Dynamics
- 3.3.1 Market Driver Analysis
- 3.3.2 Market Restraint Analysis
- 3.4 Industry Analysis Tools
- 3.4.1 Porter's Five Forces Analysis
- 3.4.2 Macroeconomic Analysis
- 3.5 Sports Analytics Market - Covid-19 Impact Analysis
Chapter 4 Sports Analytics Market: Component Estimates & Trend Analysis
- 4.1 Component Movement Analysis & Market Share, 2022 & 2030
- 4.2 Sports Analytics Market Estimates & Forecast, By Component (USD Million)
- 4.2.1 Software
- 4.2.2 Services
Chapter 5 Sports Analytics Market: Analysis Type Estimates & Trend Analysis
- 5.1 Analysis Type Movement Analysis & Market Share, 2022 & 2030
- 5.2 Sports Analytics Market Estimates & Forecast, By Analysis Type (USD Million)
- 5.2.1 On-Field
- 5.2.1.1 Player & Team Analysis
- 5.2.1.2 Video Analysis
- 5.2.1.3 Health Assessment
- 5.2.2 Off-Field
- 5.2.2.1 Fan Engagement
- 5.2.2.2 Ticket Pricing
- 5.2.1 On-Field
Chapter 6 Sports Analytics Market: Sports Estimates & Trend Analysis
- 6.1 Sports Movement Analysis & Market Share, 2022 & 2030
- 6.2 Sports Analytics Market Estimates & Forecast, By Sports (USD Million)
- 6.2.1 Football
- 6.2.2 Cricket
- 6.2.3 Baseball
- 6.2.4 Basketball
- 6.2.5 Rugby
- 6.2.6 Others
Chapter 7 Sports Analytics Market: Regional Estimates & Trend Analysis
- 7.1 Sports Analytics Market: Regional Outlook
- 7.2 North America
- 7.2.1 North America Sports Analytics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.2.2 U.S.
- 7.2.2.1 U.S. Sports Analytics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.2.3 Canada
- 7.2.3.1 Canada Sports Analytics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3 Europe
- 7.3.1 Europe Sports Analytics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3.2 Germany
- 7.3.2.1 Germany Sports Analytics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3.3 U.K.
- 7.3.3.1 U.K. Sports Analytics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3.4 France
- 7.3.4.1 France Sports Analytics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3.5 Spain
- 7.3.5.1 Spain Sports Analytics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.4 Asia Pacific
- 7.4.1 Asia Pacific Sports Analytics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.4.2 China
- 7.4.2.1 China Sports Analytics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.4.3 India
- 7.4.3.1 India Sports Analytics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.4.4 Japan
- 7.4.4.1 Japan Sports Analytics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.5 Latin America
- 7.5.1 Latin America Sports Analytics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.5.2 Brazil
- 7.5.2.1 Brazil Sports Analytics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.5.3 Mexico
- 7.5.3.1 Mexico Sports Analytics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.6 Middle East And Africa
- 7.6.1 Middle East And Africa Sports Analytics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Chapter 8 Sports Analytics Market - Competitive Landscape
- 8.1 Key Particiants
- 8.1.1 Agile Sports Analytics Llc
- 8.1.2 Catapult Sports
- 8.1.3 Chyronhego Corporation
- 8.1.4 Deltatre
- 8.1.5 Experfy Inc.
- 8.1.6 Genius Sports Group
- 8.1.7 Ibm Corporation
- 8.1.8 Oracle Corporation
- 8.1.9 Sap Se
- 8.1.10 Sas Institute Inc.
- 8.1.11 Sportradar Ag
- 8.1.12 Stats Perform
- 8.2 Recent Developments & Impact Analysis, By Key Market Participants
- 8.3 Company Categorization
- 8.4 Participant's Overview
- 8.5 Financial Performance
- 8.6 Product Benchmarking
- 8.7 Company Market Share Analysis, 2022
- 8.8 Company Heat Map Analysis
- 8.9 Strategy Mapping
- 8.9.1 Expansions
- 8.9.2 Mergers & Acquisitions
- 8.9.3 Collaborations
- 8.9.4 New Product Launches
List of Tables
- Table 1 Sports analytics market - Key market driver impact
- Table 2 Key market restraint/challenges impact
- Table 3 Global Sports Analytics Market Revenue Estimates and Forecast, By Component, 2018 - 2030 (USD Million)
- Table 4 Global Sports Analytics Market Revenue Estimates and Forecast, By Analysis Type, 2018 - 2030 (USD Million)
- Table 5 Global Sports Analytics Market Revenue Estimates and Forecast, By Sports, 2018 - 2030 (USD Million)
- Table 6 Recent Developments & Impact Analysis, By Key Market Participants
- Table 7 Company Heat Map Analysis
- Table 8 Key Companies undergoing expansions
- Table 9 Key Companies involved in M&As
- Table 10 Key Companies undergoing collaborations
- Table 11 Key Companies launching new products
List of Figures
- Fig. 1 Sports Analytics Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation And Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Snapshot
- Fig. 7 Segment Snapshot (1/2)
- Fig. 8 Segment Snapshot (2/2)
- Fig. 9 Competitive Landscape Snapshot
- Fig. 10 Sports Analytics - Industry Value Chain Analysis
- Fig. 11 Market dynamics
- Fig. 12 Sports analytics market: PORTER's Five Forces Analysis
- Fig. 13 Sports Analytics market: PESTEL Analysis
- Fig. 14 Sports Analytics Market, by Component: Key Takeaways
- Fig. 15 Sports Analytics Market, by Component: Market Share, 2022 & 2030
- Fig. 16 Software market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 17 Services market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 18 Sports Analytics Market, by Analytics Type: Key Takeaways
- Fig. 19 Sports Analytics Market, by Analytics Type: Market Share, 2022 & 2030
- Fig. 20 On-Field market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 21 Off-Field market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 22 Sports Analytics Market, by Sports: Key Takeaways
- Fig. 23 Sports Analytics Market, by Sports: Market Share, 2022 & 2030
- Fig. 24 Football market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 25 Cricket market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 26 Baseball market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 27 Basketball market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 28 Rugby market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 29 Other sports market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 30 Sports Analytics Market Revenue By Region, 2022 & 2030 (USD Million)
- Fig. 31 Regional marketplace: Key takeaways
- Fig. 32 North America Sports Analytics market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 33 U.S. Sports Analytics market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 34 Canada Sports Analytics market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 35 Europe Sports Analytics market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 36 Germany Sports Analytics market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 37 U.K. Sports Analytics market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 38 France Sports Analytics market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 39 Spain Sports Analytics market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 40 Asia Pacific Sports Analytics market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 41 China Sports Analytics market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 42 India Sports Analytics market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 43 Japan Sports Analytics market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 44 Latin America Sports Analytics market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 45 Brazil Sports Analytics market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 46 Mexico Sports Analytics market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 47 MEA Sports Analytics market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 48 Key Company Categorization
- Fig. 49 Company Market Share Analysis, 2022
- Fig. 50 Strategic Framework
