Sports Analytics Market- KBV Research

NEW YORK - Jan. 13, 2020 - PRLog -- According to a new report Global Sports Analytics Market, published by KBV Research, The Global Sports Analytics Market size is expected to reach $4.3 billion by 2025, rising at a market growth of 26.8% CAGR during the forecast period. The number of wearable devices in the sports industry is expanding due to the growing demand for monitoring and tracking player data. As a result, a significant amount of player-and team-related data is generated to gain insight into player performance and fitness variables like speed, heartbeat, and acceleration. The growing volume of data to be analyzed has increased dramatically with the proliferation of health assessment tools, powered by fitness bands and other wearable devices.

The software segment dominated the market in terms of revenue and over the forecast period is likely to remain dominant. Increased acceptance of sports analytics software solutions can be largely credited to increasing preference for cloud-based software solutions, providing advantages in terms of data security and ease of use to end-users like sports associations, clubs, leagues, and sportspeople. The Services market is anticipated to witness a CAGR of 29.9% during (2019-2025).

Structural Insights: https://www.kbvresearch.com/sports-analytics-market/

Global Sports Analytics Market Segmentation

By Component

Software

Services

By Application

Player Analysis

Team Analysis

Health Assessment

Video Analysis

Others

By Deployment Type

On-premise

Cloud

By Geography

North America

Europe

Asia Pacific

LAMEA

Companies Profiled

IBM Corporation

SAP SE

SAS Institute, Inc.

Salesforce.com, Inc. (Tableau Software, Inc.)

Oracle Corporation

Experfy, Inc.

Stats Perform Group

Sportradar AG

Deltatre SpA

Catapult Group International Limited