PUBLISHER: Inkwood Research | PRODUCT CODE: 1421486
PUBLISHER: Inkwood Research | PRODUCT CODE: 1421486
The United States sports analytics market is set to register a CAGR of 22.6% during the forecast period, 2024-2032. Sports analytics has become a crucial component in the competitive landscape of American sports, transforming the way teams, coaches, and organizations approach player performance, strategy, and fan engagement.
The landscape of the United States sports analytics is dynamic, with ongoing advancements in technology and methodologies. The integration of data-driven insights at various levels of sports operations has become essential for success in the highly competitive U.S. sports industry.
Teams use advanced statistics to evaluate player performance, injury risk, and overall contribution to the team. Examples include Player Efficiency Rating (PER) in basketball, Expected Goals (xG) in soccer, and Player Impact Plus-Minus (PIPM) in basketball.
Further, the use of wearable devices and tracking technology has become prevalent. GPS trackers and accelerometers provide real-time data on players' movements, helping teams monitor workload, optimize training, and prevent injuries. Similarly, made famous by the Oakland Athletics in baseball, the Moneyball approach involves using statistical analysis to identify undervalued players and make cost-effective decisions. This strategy has been adopted in various sports.
Tableau Software and Stats Perform are among the key companies in the market.