Global Sports Player Tracking and Analytics Market was Valued at US$ 1082.0 Million in 2018 and is Expected to Reach US$ 16,228.8 Million by 2027, Growing at an Estimated CAGR of 38.8% Over the Forecast Period With Rising Adoption of Technology for Improving Player Performance: Absolute Markets Insights

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PUNE, India, Jan. 8, 2020 /PRNewswire/ -- In recent years, adoption of IoT in sports industry has been consistently rising. Wide variety of software solutions and devices are being used for recording, analyzing and improving performance of athletes. These technologies are actively being used by coaches and training professionals across most of the sports categories. Software solutions are enabling recording of crucial data pointers while players are on the field enabling them to visualize and improve performance. Smartphones as well as tablets are enable training information to be simpler and easily accessible to sports management which is influencing the market growth. Also, a rise in adoption of SaaS-based sports software in the sports events is anticipated to propel the evolution of the market over the forecast period. Sports player tracking and analytics market is witnessing innovations in terms of adoption of artificial intelligence and machine learning technologies not only in the performance analysis domain but also in areas of audience engagement, marketing, sports event planning and similar areas.

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The detailed research study provides qualitative and quantitative analysis of sports player tracking and analytics market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

Key Findings of the Report:

• In terms of revenue, global sports player tracking and analytics market is expected to reach US$ 16,228.8 million by 2027 over the forecast period due to recent trend in enhancing performance of sport players.
• Health Assessment, Team Performance and Athlete Performance application areas are expanding their presence in the sports player tracking and analytics market. These segments are expected to witness the highest growth over the forecast period.
• The Hockey segment is expected to exceed US$ 1,551.2 million by 2027, growing at an estimated CAGR of over 39% during the forecast period
• Asia Pacific sports player tracking and analytics market is projected to witness the highest CAGR of 41.1% over the forecast period.
• Some of the players operating in the Sports Player Tracking and Analytics market are Amazon Web Services, Inc. Catapult, Chetu Inc., Competitive Sports Analysis, Hawk-Eye Innovations Ltd., IBM Corporation, Kinduct, Opta, Real Sports Analytics, SAS Institute Inc., SMTSportsMEDIA Technology, Sportradar AG, Sportvision, STATS LLC, Synergy, TABLEAU SOFTWARE, TruMedia Networks, and ZTC.

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Sports Player Tracking and Analytics market :

By Sports:

• Soccer
• Cricket
• Hockey
• Basketball
• Auto Racing
• Others

Sports Player Tracking and Analytics market By Application:

• Team Performance
• Athlete Performance
• Health Assessment
• Fan Preferences and Engagement
• Pricing Optimization
• Video Analysis
• Others

By Geography

• North America
• U.S.
• Canada
• Mexico
• Rest of North America
• Europe
• France
• The UK
• Spain
• Germany
• Italy
• Nordic Countries
• Denmark
• Finland
• Iceland
• Norway
• Sweden
• Benelux Union
• Belgium
• The Netherlands
• Luxemburg
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia Pacific
• Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

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SOURCE Absolute Markets Insights