The North America Sports Analytics market research report stands as a pinnacle in comprehensive analysis, a testament to the proficiency and capabilities of a skilled team. This report employs robust data collection methodologies, utilizing large sample sizes for a comprehensive base year analysis. By leveraging statistical models, the market research data is meticulously scrutinized and forecasted, shedding light on various facets of the North America Sports Analytics industry and market.
Encompassing critical areas such as market definition, segmentation, competitive analysis, and research methodologies, this expansive report serves as a beacon in the industry. It employs an integrated approach, meticulously crafted to drive informed decision-making within businesses. This universal North America Sports Analytics marketing report covers market dynamics, pricing, segmentation, an in-depth market overview, valuable insights, and comprehensive company profiles of key market players.
The competitive landscape is dissected within the report, offering a snapshot of each market player's geographical presence, product portfolio, and recent developments. For businesses seeking to secure a competitive edge in the dynamic marketplace, embracing the North America Sports Analytics market research report is strongly advised for its manifold benefits in steering a thriving business forward.
North America sports analytics market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with the CAGR of 45.6% in the forecast period of 2022 to 2029 and expected to reach USD 5,973.18 million by 2029.
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Sports analytics is defined as the usage of data and advanced statistics to measure the success in sports industry by making competitive and strategic sports decisions. Sports analytics, when properly implemented, may give a team or person enormous competitive advantages. As technology continues to evolve, data collection becomes more complicated and the quantity of available information increases, so does our capacity to assess and enhance its efficiency. The development of advanced statistics and optimization of results has contributed to the sports data expansion.
Key Growth Drivers:
- Growing demand of real time data access
The successful use of data generated by wearable tags is proving to be a major game changer. Hence, the growing demand for the real time data access is driving the growth for North America sports analytics market.
- Increasing availability of large amount of in-field data
Another significant factor, the increasing availability of large amount of in-field data is boosting the growth for North America sports analytics market.
- Growing adoption of wearable devices by sportsman
The wearable devices have become relevant in tracking sports performance as the athlete's interference can be minimized to a large extent. Training machines such as ergometers already provide athletes with information on training accomplishments, including heart rate, speed, distance, calories in fitness and recreational sports and is driving the growth of the North America sports analytics market.
The report outlines the involvement of key players, including:
IBM Corporation, Sportradar AG, St. Gallen, Switzerland, Synergy Sports, DataArt, SAP SE, TABLEAU SOFTWARE, LLC, A SALESFORCE COMPANY, Oracle, SAS Institute Inc., HCL Technologies Limited, GlobalStep, LLC, TruMedia Networks, Inc., ICEBERG Sports Analytics, Stats Perform, Experfy, Inc., Catapult Group International Ltd, orreco, Zebra Technologies Corp., Exasol and Qualitas Global
Recent Development
- In January 2021, TruMedia Networks, Inc. launched the NFL playoffs for the player’s tactics and injuries advancing out the holistic view and launches. The company is going to strengthen the services enhancing the business portfolio for the company.
- In June 2019, HCL Technologies Limited had a partnership with the Cricket Australia for the digital technology which provides an immersive digital experience to cricket fans, players, partners, employees, and volunteers across the country and around the world, through CA’s digital offerings. The partnership strengthened the blueprint of business models enhancing the global position for the company.
Key Market Segmentation
By Component (Software and Services), Sports Type (Team Sports, and Individual Sports), Application (Player & Team Valuation, Performance Analytics, Health Assessment, Fan Engagement, Broadcast Management, Video Analysis, and Others), Deployment (Cloud, and On-Premise), Organization Mode (Large Enterprise, and SMEs), Analysis Type (On-Field, and Off-Field)
The North America Sports Analytics market report includes the following countries in different regions:
The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here's an overview of the regions and the countries they include:
North America
- United States
- Canada
- Mexico
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