Sports Analytics Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global Sports Analytics Market was valued at USD 4.14 billion in 2023 and will grow at a 30.1% CAGR from 2024 to 2032. Data analytics has become essential for enhancing fan engagement within the sports industry. By utilizing analytics, sports organizations can provide personalized content, including customized videos and detailed statistics, which boosts fan interaction and loyalty. Besides, platforms such as mobile apps and social media are leveraged to monitor fan preferences and behaviors, enabling teams to engage their audience more effectively and drive market growth.

The sports analytics industry is fragmented based on component, deployment mode, sports type, application, end-user, and region.

The solution segment held a 56% share in 2023 due to its pivotal role in driving performance insights and enhancing fan engagement. Solutions encompassing advanced data analytics tools and platforms enable sports organizations to leverage real-time data for strategic decision-making. These tools facilitate personalized fan experiences, such as customized content and interactive features, which boost engagement and loyalty. The growing adoption of these solutions across various sports leagues and teams highlights their critical importance, positioning them to capture a decent market share in the coming years.

The e-sports segment will exhibit USD 14 billion by 2032, owing to its rapid growth and increasing popularity. As e-sports competitions and audiences expand, there is a heightened demand for advanced analytics to enhance player performance and fan engagement. Data-driven insights into player statistics, game strategies, and viewer preferences are crucial for optimizing team performance and delivering tailored content. The rising investment in e-sports and the growing emphasis on data analytics for competitive advantage will solidify this segment's leading market position.

North America sports analytics market secured a 35% share in 2023, spurred by its established sports infrastructure and high adoption of advanced technologies. The region boasts numerous major sports leagues and franchises that heavily invest in data analytics to enhance performance and fan engagement. Additionally, the presence of leading technology firms and innovative analytics solutions further drives market growth. North America's strong emphasis on integrating analytics into sports management and strategy makes it a significant contributor to the sports analytics industry.

Product Code: 10756

Chapter 1 Scope and Methodology

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast parameters
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021-2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Vendor matrix
3.3 Technology and innovation landscape
3.4 Patent analysis
3.5 Key news and initiatives
3.6 Regulatory landscape
3.7 Impact forces
- 3.7.1 Growth drivers
  - 3.7.1.1 Performance optimization through data-driven insights
  - 3.7.1.2 Enhanced fan engagement
  - 3.7.1.3 Revenue optimization
  - 3.7.1.4 Increased sponsorship and advertising
  - 3.7.1.5 Injury prevention and management
- 3.7.2 Industry pitfalls and challenges
  - 3.7.2.1 Data privacy and security
  - 3.7.2.2 High cost of implementation
3.8 Growth potential analysis
3.9 Porter's analysis
- 3.9.1 Supplier power
- 3.9.2 Buyer power
- 3.9.3 Threat of new entrants
- 3.9.4 Threat of substitutes
- 3.9.5 Industry rivalry
3.10 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Component, 2021-2032 (USD Million)

5.1 Key trends
5.2 Solutions
5.3 Services

Chapter 6 Market Estimates and Forecast, By Deployment Mode, 2021-2032 (USD Million)

6.1 Key trends
6.2 Cloud-based
6.3 On-premises

Chapter 7 Market Estimates and Forecast, By Sports Type, 2021-2032 (USD Million)

7.1 Key trends
7.2 Team sports
- 7.2.1 Football (Soccer)
- 7.2.2 Basketball
- 7.2.3 Baseball
- 7.2.4 Rugby
- 7.2.5 Hockey
- 7.2.6 Cricket
- 7.2.7 Others
7.3 Individual sports
- 7.3.1 Tennis
- 7.3.2 Golf
- 7.3.3 Athletics
- 7.3.4 Boxing
- 7.3.5 Others
7.4 E-Sports

Chapter 8 Market Estimates and Forecast, By Application, 2021-2032 (USD Million)

8.1 Key trends
8.2 Player and team performance analysis
8.3 Health assessment and injury prevention
8.4 Fan engagement
8.5 Broadcasting and media
8.6 Business operations

Chapter 9 Market Estimates and Forecast, By End User, 2021-2032 (USD Million)

9.1 Key trends
9.2 Sports team and clubs
9.3 Sports associations and federations
9.4 Coaches and trainers
9.5 Sports analysts and consultants
9.6 Media and entertainment
9.7 Sports betting
9.8 Others

Chapter 10 Market Estimates and Forecast, By Region, 2021-2032 (USD Million)

10.1 Key trends
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 UK
- 10.3.2 Germany
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Rest of Europe
10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 ANZ
- 10.4.6 Rest of Asia Pacific
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Rest of Latin America
10.6 MEA
- 10.6.1 UAE
- 10.6.2 Saudi Arabia
- 10.6.3 South Africa
- 10.6.4 Rest of MEA

Chapter 11 Company Profiles

11.1 Agile Sports Analytics LLC
11.2 Catapult Group International Ltd.
11.3 ChyronHego Corporation
11.4 Dataart
11.5 Exasol
11.6 EXL
11.7 Experfy, Inc.
11.8 Global Step
11.9 HCL Technologies
11.10 International Business Machine (IBM) Corporation
11.11 Kitman Labs
11.12 Microsoft
11.13 Oracle Corporation
11.14 Orreco
11.15 Salesforce
11.16 SAP SE
11.17 SAS Institute Inc.
11.18 Sportlogiq
11.19 Sportradar
11.20 Stats Perform
11.21 Trumedia Networks
11.22 Zebra Technologies