Global Sports Analytics Market Overview 

The Global Sports Analytics Market size is estimated to reach USD 2.8 billion by 2026, growing at a CAGR of 32.3% over the forecast period of 2021-2026. Sports analytics is a compilation of valuable, historical information that can provide a team or person with a competitive advantage. Sports analytics enlighten players, coaches, and other staff by collecting and analyzing data to help them make better decisions during and before athletic events. Players and organizations are looking to sports analytics for answers and solutions to improve performance, better comprehend data, and more effectively attract fans and customers as the sport becomes more competitive and advanced.

Impact of COVID-19 on the Sports Analytics Market:

Because graphs can make sense of abstract data through visual representation, the COVID-19 epidemic has worked as a driver for the Sports Analytics Market. The use of specific clustering algorithms to overcome the limitations of standard virus detection methods in communities might benefit the market. In addition, graph analytics is being used by governments to track the virus's spread. We-Yun recently developed an application based on the Neo4j graph database to alert Chinese residents if they were in the vicinity of the virus.

Key Takeaways from Global Sports Analytics Market Report:

• Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level – for Component, Analysis type, Sports, and by different industry verticals. Understand the various market dynamics – key driving factors, challenges, and hidden opportunities.
• Get in-depth insights on your competitor's performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT, and more.
• Analyze the sales and distribution channels across key geographies to improve top-line revenues.
• Understand the industry supply chain with a deep dive on the value augmentation at each step to optimize value and bring efficiencies in your processes. 
• Get a quick outlook on the market entropy – M&As, deals, partnerships, product launches of all key players for the past four years. 
• Evaluate the supply-demand gaps, import-export statistics, and regulatory landscape for more than the top 20 countries globally for the market.

By Components, the market for Services to grow at the highest CAGR during the forecast period

By Applications, Sports Analytics Market is segmented into Software and Services. The software segment dominated the Sports Analytics Market in 2020. For creating sports analytical data, various software programs are employed, including real-time predictive analysis software, pre/post-game analysis software applications, data visualization, and motion/video analysis software. Customized analytics software is also available, based on the changing demands of teams and individual athletes. Virtual Reality/Augmented Reality (VR/AR), 2D/3D imaging, biometrics, video-based sensing, and Big Data analytics have entirely changed the software market. Currently using motion analysis software, player tracking software, and video analysis solutions are all using these methods. However, services for the sports analytics market are the fastest-growing, with a CAGR of 34.1% during the forecast period 2021-2026. Data analysis and technology consulting, data governance, predictive analysis and forecasting, maintenance, and API integration are all services in this sector. Several teams or groups are approaching service providers for these services to scale their growth and focus on their primary activity. Dedicated analysts are in high demand due to the increased requirement for competent staff with experience in delivering actionable insights.

The Asia Pacific to account for the largest market share during the forecast period

North America held the largest share of the Sports Analytics Market in 2020, with a global market share of 29.9%. North America is expected to grow as a result of the growing use of AI technology, rising demand for video analysis, and aggressive investments in the latest technologies by organizations such as the National Basketball Association (NBA), Major League Baseball (MLB), and National Football League (NFL).

The Asia Pacific is set to be the fastest-growing Sports Analytics Market. Countries with solid sports cultures, such as China and Japan, are likely to contribute considerably to the regional market's growth. Furthermore, the regional market is predicted to increase due to continued digitization, aggressive investments in sports, and new athletic leagues.

Market Dynamics

Driver: Increase data-driven decision-making among various teams and associations are driving the Sports Analytics Market. 

Companies will likely find it simpler to make confident decisions about practically any business difficulty once they start gathering and evaluating data, whether it's deciding to launch or discontinue a product, modify your marketing message, branch into a new market, or something else entirely. Data serves a variety of purposes. On the one hand, it allows you to compare what is already available, allowing you to comprehend better the impact of every move you make on your company.

Challenge: High cost is restraining the market growth.

Each graph database vendor has created its syntax or language for updates and queries. Every vendor claims to have the best language. Most vendors support Gremlin, SPARQL, or Cypher in some form. This lack of standardization makes it harder to transition from one product to the next and increases the expense of training employees in a particular language. For updates and queries, all relational databases support the standard SQL language. Despite several vendors having enhanced SQL, every vendor supports the fundamental SQL language. This uniformity makes it simple to locate and hire skilled personnel.

Key Market Players

Key Players in the Global Sports Analytics Market consist of IBM Corporation, Oracle Corporation, SAP SE, Sportradar AG, Tableau Software, LLC, and SAS Institute Inc.

Developments 

In November 2020, New Zealand Cricket inked a multi-year arrangement with Stats Perform to gather, analyze, and distribute ball-by-ball match data to the New Zealand team and disseminate it to media, fantasy, and betting operators.

Report Coverage and Scope

The report "Global Sports Analytics Market" by Research Informatic covers an in-depth detailed analysis for the following segment covered under the scope.

By Component 

• Service
• Software

By Analysis Type

• On-field
• Player & Team Analysis
• Video Analysis
• Health Assessment
• Off-field
• Fan Engagement
• Ticket Pricing

By Sports

• Football
• Cricket
• Baseball
• Basketball
• Rugby
• Others

By Geography

• North America
• Europe
• APAC
• RoW

Global Sports Analytics Market Growth, Trend and Forecast 2022-2027

Chapter 1 Sports Analytics Market Overview
1.1 Product Overview and Scope of Sports Analytics
1.2 Sports Analytics Market Segmentation by Components
1.2.1 Software
1.2.2 Services
1.3 Sports Analytics Market Segmentation by Analysis Type
1.3.1 On-field
1.3.2 Player & Team Analysis
1.3.3 Video Analysis
1.3.4 Health Assessment
1.3.5 Off-field
1.3.6 Fan Engagement
1.3.7 Ticket Pricing
1.4 Sports Analytics Market Segmentation by Sports
1.4.1 Football
1.4.2 Cricket
1.4.3 Baseball
1.4.4 Basketball
1.4.5 Rugby
1.4.6 Others
1.5 Sports Analytics Market Segmentation by Regions
1.5.1 North America
1.5.2 China
1.5.3 Europe
1.5.4 Southeast Asia
1.5.5 Japan
1.5.6 India
1.5.7 Global Market Size (Value) of Sports Analytics (2015-2028)

Chapter 2 Global Economic Impact on Sports Analytics Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Sports Analytics Market Competition by Manufacturers
3.1 Global Sports Analytics Production and Share by Manufacturers (2021 and 2022)
3.2 Global Sports Analytics Revenue and Share by Manufacturers (2021 and 2022)
3.3 Global Sports Analytics Average Price by Manufacturers (2021 and 2022)
3.4 Manufacturers Sports Analytics Manufacturing Base Distribution, Production Area and Product Type
3.5 Sports Analytics Market Competitive Situation and Trends
3.5.1 Sports Analytics Market Concentration Rate
3.5.2 Sports Analytics Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Sports Analytics Production, Revenue (Value) by Region (2015-2022)
4.1 Global Sports Analytics Production by Region (2015-2022)
4.2 Global Sports Analytics Production Market Share by Region (2015-2022)
4.3 Global Sports Analytics Revenue (Value) and Market Share by Region (2015-2022)
4.4 Global Sports Analytics Production, Revenue, Price and Gross Margin (2015-2022)
4.5 North America Sports Analytics Production, Revenue, Price and Gross Margin (2015-2022)
4.6 Europe Sports Analytics Production, Revenue, Price and Gross Margin (2015-2022)
4.7 China Sports Analytics Production, Revenue, Price and Gross Margin (2015-2022)
4.8 Japan Sports Analytics Production, Revenue, Price and Gross Margin (2015-2022)
4.9 Southeast Asia Sports Analytics Production, Revenue, Price and Gross Margin (2015-2022)
4.10 India Sports Analytics Production, Revenue, Price and Gross Margin (2015-2022)

Chapter 5 Global Sports Analytics Supply (Production), Consumption, Export, Import by Regions (2015-2022)
5.1 Global Sports Analytics Consumption by Regions (2015-2022)
5.2 North America Sports Analytics Production, Consumption, Export, Import by Regions (2015-2022)
5.3 Europe Sports Analytics Production, Consumption, Export, Import by Regions (2015-2022)
5.4 China Sports Analytics Production, Consumption, Export, Import by Regions (2015-2022)
5.5 Japan Sports Analytics Production, Consumption, Export, Import by Regions (2015-2022)
5.6 Southeast Asia Sports Analytics Production, Consumption, Export, Import by Regions (2015-2022)
5.7 India Sports Analytics Production, Consumption, Export, Import by Regions (2015-2022)

Chapter 6 Global Sports Analytics Production, Revenue (Value), Price Trend by Type
6.1 Global Sports Analytics Production and Market Share by Type (2015-2022)
6.2 Global Sports Analytics Revenue and Market Share by Type (2015-2022)
6.3 Global Sports Analytics Price by Type (2015-2022)
6.4 Global Sports Analytics Production Growth by Type (2015-2022)

Chapter 7 Global Sports Analytics Market Analysis by Application
7.1 Global Sports Analytics Consumption and Market Share by Application (2015-2022)
7.2 Global Sports Analytics Consumption Growth Rate by Application (2015-2022)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries

Chapter 8 Sports Analytics Manufacturing Cost Analysis
8.1 Sports Analytics Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Sports Analytics

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Sports Analytics Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Sports Analytics Major Manufacturers in 2022
9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change

Chapter 12 Global Sports Analytics Market Forecast (2022-2027)
12.1 Global Sports Analytics Production, Revenue Forecast (2022-2027)
12.2 Global Sports Analytics Production, Consumption Forecast by Regions (2022-2027)
12.3 Global Sports Analytics Production Forecast by Type (2022-2027)
12.4 Global Sports Analytics Consumption Forecast by Application (2022-2027)
12.5 Sports Analytics Price Forecast (2022-2027)

Chapter 13 Appendix