Sports Analytics Market Size to Grow by USD 2.93 Bn, Football to be Largest Revenue-generating Sports Segment - Technavio

This 120-pages report segments the sports analytics market by geography (North America, Europe, APAC, South America, and MEA), sport (football, cricket, hockey, tennis, and others), type of sport (team sports and individual sports), and type of analysis (player analysis, team performance analysis, health assessment, fan engagement analysis, and others)

NEW YORK, Nov. 14, 2022 /PRNewswire/ -- The sports analytics market size is expected to grow by USD 2.93 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 20.65% during the forecast period. The year-over-year growth rate of the market in 2022 is 18.01%. To understand the scope of the report, Request a Free Sample

Sports Analytics Market: Market Segmentation

The football segment will be a significant contributor to market growth during the forecast period. There is a significant rise in the demand for analytical tools such as sports analytics in football, as the sport has various subjective parameters. This will drive the growth of the segment during the forecast period.

North America will account for 38% of the market's growth during the forecast period. This growth is attributed to factors such as a significant increase in technological advances in the region, along with rising investments in the market. Moreover, market growth in this region will be faster than the growth of the market in South America, Europe, and MEA. The US is a key country for the sports analytics market in North America.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. Buy Now for detailed segment information

Sports Analytics Market: Major Growth Drivers

The following factors are expected to drive the growth of the market during the forecast period:

• Increase in the adoption of cloud-based deployment solutions
• Growing demand for mobile applications in sports
• Significant demand for sports analytics

The ongoing trend of the use of wearable devices is expected to have a positive impact on the growth of the sports analytics market during the forecast period. These wearables track all fitness parameters, which helps in optimizing their training and performance. The data generated from these wearables helps coaches develop insights using sports analytics platforms. Moreover, there is a significant rise in the availability of smartwatches. Thus, technological advances in wearable devices are expected to support the growth of the market during the forecast period.

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Sports Analytics Market: Key Vendor Offerings 

• Catapult Group International Ltd. - The company offers sports analytics, through its subsidiary, SBG Sports Software.
• ChyronHego Corp. - The company offers advanced sports analytics under the brand name TRACAB.
• Experfy Inc. - The company offers a wide range of sports analytics such as Sabermetrics, Basketball Analytics, and Football Analytics.
• International Business Machines Corp. - The company offers sports analytics through its products such as IBM Watson Analytics and Cloudant.
• Oracle Corp. - The company offers sports analytics through its product named Oracle Cloud.

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Sports Analytics Market: Reasons to Buy This Report

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist sports analytics market growth during the next five years
• Estimation of the sports analytics market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the sports analytics market across North America, Europe, APAC, South America, and MEA
• Analysis of the competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of sports analytics market vendors

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Table of Contents

1          Executive Summary 10

1.1       Market Overview 11

2          Market Landscape 29

2.1       Market ecosystem 30

2.2       Value chain analysis 38

3          Market Sizing  41

3.1       Market definition 42

3.2       Market segment analysis 43

3.3       Market size 2021 44

3.4       Market outlook: Forecast for 2021 - 2026 46

4          Five Forces Analysis  50

4.1       Five forces summary 51

4.2       Bargaining power of buyers 52

4.3       Bargaining power of suppliers 54

4.4       Threat of new entrants 56

4.5       Threat of substitutes 58

4.6       Threat of rivalry 60

4.7       Market condition 62

5          Market Segmentation by Sport 63

5.1       Market segments 64

5.2       Comparison by Sport  66

5.3       Football - Market size and forecast 2021-2026 67

5.4       Cricket - Market size and forecast 2021-2026 69

5.5       Hockey - Market size and forecast 2021-2026 71

5.6       Tennis - Market size and forecast 2021-2026 73

5.7       Others - Market size and forecast 2021-2026 75

5.8       Market opportunity by Sport 78

6          Market Segmentation by Type of sport 80

6.1       Market segments 81

6.2       Comparison by Type of sport 83

6.3       Team sports - Market size and forecast 2021-2026  84

6.4       Individual sports - Market size and forecast 2021-2026 86

6.5       Market opportunity by Type of sport 88

7          Market Segmentation by Type of analysis 90

7.1       Market segments 91

7.2       Comparison by Type of analysis 93

7.3       Player analysis - Market size and forecast 2021-2026 94

7.4       Team performance analysis - Market size and forecast 2021-2026  96

7.5       Health assessment - Market size and forecast 2021-2026 98

7.6       Fan engagement analysis - Market size and forecast 2021-2026 100

7.7       Others - Market size and forecast 2021-2026 102

7.8       Market opportunity by Type of analysis 104

8         Customer landscape 106

8.1       Overview 107

9          Geographic Landscape 109

9.1       Geographic segmentation 110

9.2       Geographic comparison 112

9.3       North America - Market size and forecast 2021-2026 113

9.4       Europe - Market size and forecast 2021-2026 116

9.5       APAC - Market size and forecast 2021-2026 119

9.6       South America - Market size and forecast 2021-2026 122

9.7       MEA - Market size and forecast 2021-2026 125

9.8       Key leading countries 128

9.9       Market opportunity by geography 129

10        Drivers, Challenges, and Trends 131

10.1     Market drivers 132

10.2     Market challenges 134

10.3     Market trends 137

11        Vendor Landscape 139

11.1     Overview 140

11.2     Landscape disruption 141

12        Vendor Analysis 143

12.1     Vendors covered 144

12.2     Market positioning of vendors 146

12.3     Catapult Group International Ltd. 148

12.4     ChyronHego Corp. 150

12.5     Experfy Inc. 152

12.6     International Business Machines Corp. 154

12.7     Oracle Corp. 157

12.8     Salesforce.com Inc. 159

12.9     SAP SE 161

12.10   SAS Institute Inc. 163

12.11   Stats Perform group of companies 165

12.12   TruMedia Networks Inc. 167

13       Appendix 169

13.1     Scope of the report 170

13.2     Currency conversion rates for US$ 171

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