The sports analytics market is being driven by increasing need of sports organizations and management to gain insights in historical as well as real-time data that is generated on and off the field in sports.
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Sports analytics market provides player performance during matches, events, and practice and training sessions and team’s strategies and performances for any sports organization. Thus, huge amount of data is being generated from various devices and sources in sports industry related to players and team are important to analyze and gain insights.
Thus, the demand by organizations to look into the data and improve their decision making to gain an edge over their competitors is increasing. Health assessment solutions segment in sports analytics market is expected to have highest CAGR during the forecast period.
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“North America is expected to hold the largest market share in the sports analytics market, followed by Europe. “
Due to the prevailing trends of analytics being used in sports for hiring players in the game of baseball and the rapid adoption of emerging technologies in North America. Thus, the need to gain insights in sports related data and need for improved business operations is encouraging the adoption of sports analytics market solutions in the region.
Asia-Pacific (APAC) is expected to grow at the highest CAGR in the sports analytics market during the forecast period.
In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people. Breakdown of profile of primary participants is given below as:
• By Company Type: Tier 1 – 36 %, Tier 2 – 21% and Tier 3 –43%
• By Region: North America – 70%, Europe – 15%, APAC – 15%
• By Designation: C level – 75%, Director level – 15%, Others – 10%
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The report will help the market leaders/new entrants in the sports analytics market in the following ways:
1. This report would help stakeholders to better understand their competitors and gain more insights to improve their position in the business. The competitive landscape section includes mergers & acquisitions, competitor ecosystem, new product developments and partnerships.
2. The report would enable the stakeholders to understand the pulse of the market and offers them information on the top sports analytics market drivers, opportunities restraints and challenges.
3. This report segments the sports analytics market systematically and offers the closest approximations of the overall market size and that of the sub segments across different verticals and regions.
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