PUBLISHER: Grand View Research | PRODUCT CODE: 1728427
PUBLISHER: Grand View Research | PRODUCT CODE: 1728427
The global sports analytics market size is anticipated to reach USD 14.48 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 20.6% from 2025 to 2030. The sports analytics market has witnessed substantial growth and evolution in recent years, emerging as a crucial component in the global sports industry. As technology continues to advance, teams, leagues, and organizations are increasingly recognizing the importance of data-driven insights to gain a competitive edge. Sports analytics involves the collection, analysis, and interpretation of data related to various aspects of sports, including player performance, team strategies, and fan engagement. The market encompasses a wide range of solutions and services, including player tracking systems, performance analysis software, predictive analytics tools, and data visualization platforms.
The demand for sports analytics is growing across various sports fields, including soccer, basketball, baseball, and rugby. Major sports leagues and teams are making significant investments in analytics to enhance scouting, recruitment, and strategic planning. The adoption of Machine Learning (ML) and Artificial Intelligence (AI) algorithms has further enhanced the capabilities of sports analytics, enabling more accurate predictions, injury prevention strategies, and advanced game simulations. ML algorithms can recommend players for certain positions based on their performances on home grounds, overseas performances, game conditions, and opponents they are facing.
The adoption of advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML), and deep learning in the sports industry is revolutionizing the sports technology field. Several cameras are used to capture the game from different angles. This data is then fed into AI and ML models to address the challenges faced in previous games and improve player performance and management. The integration of AI with sports-related data helps optimize data collection and analysis tasks, which further helps sports clubs and organizations distribute essential resources and expertise toward more critical operations. Wearable computers are utilized for the real-time tracking of an athlete's health. Wearables have made a difference in the lives of many players by supervising hydration, pulse rate, and temperature through their microscopic and wireless health monitoring system. This, in turn, reduces health risks such as dehydration or heart attacks among players. The technology has expanded from simple biometric monitoring to the implementation of the sports teams' psychological and perceptual aspects, thereby enhancing their performance.