PUBLISHER: TechNavio | PRODUCT CODE: 1580862
PUBLISHER: TechNavio | PRODUCT CODE: 1580862
Artificial Intelligence (AI) In Sports Market 2024-2028
The artificial intelligence (AI) in sports market is forecasted to grow by USD 6422.1 mn during 2023-2028, accelerating at a CAGR of 33.13% during the forecast period. The report on the artificial intelligence (AI) in sports market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for data integration and visual analytics, rising demand for monitoring and tracking data of players in sports, and requirement of real-time data analytics to improve performance.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 26.95% |
CAGR | 33.13% |
Incremental Value | $6422.1 mn |
Technavio's artificial intelligence (AI) in sports market is segmented as below:
By Type
By Geographical Landscape
This study identifies the increasing adoption of cloud-based solutions as one of the prime reasons driving the artificial intelligence (AI) in sports market growth during the next few years. Also, increasing investment in intelligent processing and increasing adoption of AI technology will lead to sizable demand in the market.
The report on the artificial intelligence (AI) in sports market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading artificial intelligence (AI) in sports market vendors that include Advanced Micro Devices Inc., AIBrain Inc., Amazon.com Inc., Anodot Ltd., Appinventiv Technologies Pvt. Ltd., Apple Inc., Arm Ltd., Catapult Group International Ltd., Cisco Systems Inc., Fujitsu Ltd., International Business Machines Corp., Meta Platforms Inc., Microsoft Corp., RacksonsIT Developers Pvt. Ltd., Salesforce Inc., SAP SE, SAS Institute Inc., Sportradar Group AG, Stats Perform group of companies, and V7 Ltd.. Also, the artificial intelligence (AI) in sports market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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