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Sports Analytics Market Analysis | 2023-2028
Sports Analytics Market Size, Share, Trends, Dynamics, Forecast, & Growth Analysis: 2023-2028
Sports analytics is the use of data and advanced statistics to measure performance and make informed decisions in order to gain a competitive advantag.
The sports analytics market was estimated at USD 3.07 billion in 2022.
The sports analytics market is likely to reach USD 12.89 billion in 2028.
The sports analytics market is likely to grow at a CAGR of 26.75% during 2023-2028.
The drivers of the market are increasing investments in sports technology for data-driven decisions and the need for player/ team performance improvement.
North America is estimated to be the largest market for sports analytics during the forecast period.
IBM, SAS Institute, Tableau Software, EXL, GlobalStep, Catapult, SportsSource Analytics, HCL, Experfy, IceBergs Sports, Chyronhego, Stats Perform, Exasol, TruMedia Network, DataArt, Orreco, Advanced Sports Analytics, Qualitas Global, iSportsAnalysis, FORMCEPT, Quant4Sport, Physimax Technologies, and Zebra Technologies are the key companies in the market.
The performance analytics segment has the largest share of the market during the estimated time.