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Sports Analytics Market - Forecast (2022 - 2027)

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    Report

  • 135 Pages
  • February 2022
  • Region: Global
  • IndustryARC
  • ID: 5616314
The Sports Analytics Market size is forecast to reach $2.9 billion by 2027, estimated to grow at a CAGR of 6.9% during 2022-2027. The sports industry is highly evaluating due to the increasing use of technology such as motion capture, vital sign monitoring, machine learning and so on for Sports Analytics are fueling the market growth. Furthermore, the increasing use of hardware monitoring devices such as heart-rate monitors, body temperature monitor and other computer vision technology for recovery and post injury care in soccer analytics is surging the Sports Analytics market size during the forecast period 2022-2027. The growth of the sports analytics market is being fuelled by the growing demand for big data in the sports industry as sports organizations look to market the game in new ways and get the sport closer to the viewers. Additionally, large-scale investments in sports media and broadcasting are spurring the adoption of RTLS and other hardware to track players in the sports industry. Sports teams around the world are adopting data analytics in order to train the individuals and track their on-field performance.

Report Coverage


The report: “Sports Analytics Market Forecast (2022-2027)” covers an in-depth analysis of the following segments of the Sports Analytics Market.
  • By Systems: Hardware (GPS Systems, Accelerometers, Gyroscopes, Wireless Ad-Hoc Systems for Positioning (WASP), Heart Rate Monitors, Body Temperature Monitors, High Speed Cameras, RTLS and Others) and Software Solutions (Cloud, On Premises, Hybrid).
  • By Technology: Motion Capture, Player Activity Tracking, Vital Sign Monitoring, Sensor Based Technology, Image Based Technology, Machine Learning and others.
  • By Application: Performance Assessment, Injury Risk Analysis, Activity Monitoring, Recovery & Post Injury Care, Biomechanics, Player and Team Valuation, Fan Engagement and others.
  • By Sports Type: Cricket, American Football, Soccer, Rugby, Basket Ball, Baseball, Racing and others.
  • By Geography: North America (U.S, Canada, Mexico), Europe(Germany, UK, France, Italy, Spain, Russia, Netherlands, Denmark and Others), APAC(China, Japan India, South Korea, Australia, Taiwan, Malaysia and Others), South America(Brazil, Argentina, Ecuador, Peru, Colombia, Costa Rica and others), and RoW (the Middle East and Africa).

Key Takeaways


In 2020, the Sports Analytics market was dominated by North America owing to the well-structured healthcare system for the athletes in the US and Canada.

The growing deployment of wearable sensors for sports medicine and machine learning predictive system for making an early detection of player’s injury are propelling the market growth.

The rapid development in the wearable technology and fitness trackers in the sports industry is highly fueling the growth of the market.

The increasing cost of devices such as heart rate monitoring, GPS systems and so on, and also the lack of accuracy while predicting sport injuries are hampering the growth of the market.

Sports Analytics Market Segment Analysis - By Systems


The hardware segment held a growing market share in the Sports Analytics market in 2020 at 21.2% share. The increasing demand for various hardware systems such as GPS systems, accelerometers, heart rate monitors and so on for predicting sport injuries are driving the hardware segment. Moreover, the use of technology in this hardware systems such as integration of sensor and image based technology for enhanced monitoring of the athletes. Also, the need for real-time data tracking to prevent injuries and the growing use of biomechanical measuring systems for predicting the outcomes of sports injury is significantly driving the hardware segment, thereby surging the Sports Analytics market.

Sports Analytics Market Segment Analysis - By Application


The growing awareness and mushrooming sports analytics market in the APAC region is projected to propel the penetration of Player Performance Assessment analytics. Companies such as Zebra Technologies, Catapult Sports and Quuppa have increased awareness regarding the sports analytics Market. The APAC region is projected to be a major growth market for RFID and location solutions products in the next few years. Star sports launched innovative products to expand its product portfolio while penetrating high growth markets across the APAC region through varioius agreements with end-users including the provision of analytics.

Sports Analytics Market Segment Analysis - By Geography


In 2020, North America dominated the Sports Analytics market with a share of more than 49.4%, followed by Europe and APAC. The development of a well-structured healthcare system for athletes in the U.S and Canada is enhancing the market growth in this region. The rising popularity of sports and the physical activity among the youth population, and rising awareness for the treatment and prediction of sport injuries are propelling the Sports Analytics market in North America.

Sports Analytics Market Drivers


Increasing use of Wearable Device


The rising developments in the wearable technology have made it easier for the users to collect important health metrics and also work with fitness professionals. Moreover, the wearable technology such as accelerometers or GPS trackers is leading to the sports revolution which is leading to predict athletic competence and mild to no injuries. In addition, the deployment of System-on-Chip (SoC) in the area of wearable sports and fitness technology is also frequently enhancing the market growth.

Deployment of Advanced Tracking Technology


The increasing development in the technologies such as player activity tracking, sensors based technology, image based technology and so on are significantly driving the Sports Analytics market. Also, the increasing use of machine learning for the predicting injuries to be occurred in the player while playing any sports is thereafter enhancing the growth of the market. Additionally, the deployment of sensor based technology in hardware monitoring devices including wearable’s, high speed cameras and so on is leading to fuel the sport injury prediction market during the forecast period 2022-2027.

Sports Analytics Market Challenges


High Cost of Medical Devices and lack of accuracy


The cost of medical devices used in monitoring the sports injury is relatively high, which majorly hampers the sports injury predictor market. Moreover, the sports injury predictors also sometimes lack in providing accuracy of the players being injured in the particular sports. For instance, it becomes difficult for most of the hardware devices such as body temperature monitoring, GPS systems and so on to predict the injury of the sports person. This lack of providing accurate predictions about the injury of the sports person and the high cost of medical hardware devices will further hinder the growth of the market.

Sports Analytics Market Landscape


Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Sports Analytics market. In 2020, the market of Sports Analytics has been consolidated by the major players - Microsoft Inc., IBM Corporation, CA Technologies Inc., Sportvision Inc., NeuroDimension Inc., Catapult Sports Pty Ltd., Kitman Labs, Fusion Sport Pty Ltc., Scribe Labs and Sansible Wearable.

Acquisitions/Technology Launches


In June 2021, Global digital rugby publisher, RugbyPass, has acquired sports data and analytics company, Sports Analytics. Using visualisation techniques and proprietary data capture to feed analytics platforms, Sports Analytics is a rugby performance data analysis platform that considers a unique blend of basic and distinct sequence metrics allowing players, coaches, and teams to analyse training and performance tactics.

In May 2019 Catapult Group International Ltd, majorly engaged in the development and sales of tracking solutions and analytics for athletes announced the soft launch of its wearable technology, Vector. This soft launch was limited to a few Australian Teams. Vector is amongst the most significant wearable product that uses ClearSky technology to move indoors and outdoors by combining data collected from the Global Positioning System and Local Positioning System technology.


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Table of Contents

1. Sports Analytics Market Overview
1.1 Definitions and Scope
2. Sports Analytics Market - Executive Summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key trends By Application
2.3 Key trends segmented by Geography
3. Sports Analytics Market - Market Landscape
3.1 Comparative Analysis
3.1.1 Product/Company Benchmarking-Top 5 Companies
3.1.2 Top 5 Financial Analysis
3.1.3 Market Value Split by Top 5 Companies
3.1.4 Patent Analysis
3.1.5 Pricing Analysis (Comparison of General Price of Industry Solutions)
4. Sports Analytics Market - Market Forces
4.1 Market Drivers
4.2 Market Constraints
4.3 Porters five force model
4.3.1 Bargaining power of suppliers
4.3.2 Bargaining powers of customers
4.3.3 Threat of new entrants
4.3.4 Rivalry among existing players
4.3.5 Threat of substitutes
5. Sports Analytics Market - By Strategic Analysis (Market Size -$Million/Billion)
5.1 Value Chain Analysis
5.2 Opportunities Analysis
5.3 Product Life Cycle/Market Life Cycle Analysis
6. Sports Analytics Market - By Sport (Market Size -$Million/Billion)
6.1 Cricket
6.2 American Football
6.3 Soccer
6.4 Racing
6.5 Baseball
6.6 Basketball
6.7 Rugby
6.8 Others
7. Sports Analytics Market - By Application (Market Size -$Million/Billion)
7.1 Performance Assessment
7.2 Fan Engagement
7.3 Injury Risk Analysis
7.4 Activity Monitoring
7.5 Recovery and Injury Post Care
7.6 BIomechanics
7.7 Others
8. Sports Analytics Market - By Systems (Market Size -$Million/Billion)
8.1 Hardware
8.1.1 GPS
8.1.2 RFID
8.1.3 Gyroscope
8.1.4 Accelerometer
8.1.5 WASP
8.1.6 Heart Rate Monitor
8.1.7 Body Temperature Sensor
8.1.8 High Speed Camera
8.1.9 Others
8.2 Software
8.2.1 Cloud
8.2.2 On Premises
8.2.3 Hybrid
9. Sports Analytics Market - By Technology (Market Size -$Million/Billion)
9.1 Motion Capture
9.2 Player Activity Tracking
9.3 Vital Sign Monitoring
9.4 Image Based Technology
9.5 Machine Learning
9.6 Sensor Based Technology
9.7 Others
10. Sports Analytics Market - By Geography (Market Size -$Million/Billion)
10.1 North America
10.1.1 U.S
10.1.2 Canada
10.1.3 Mexico
10.2 Europe
10.2.1 Germany
10.2.2 France
10.2.3 UK
10.2.4 Italy
10.2.5 Spain
10.2.6 Russia
10.2.7 Netherlands
10.2.8 Others
10.3 APAC
10.3.1 China
10.3.2 Japan
10.3.3 South Korea
10.3.4 India
10.3.5 Australia
10.3.6 Indonesia
10.3.7 Malaysia
10.3.8 Others
10.4 South America
10.4.1 Brazil
10.4.2 Argentina
10.4.3 Chile
10.4.4 Colombia
10.4.5 Others
10.5 RoW
10.5.1 Middle East
10.5.2 Africa
11. Sports Analytics Market - Market Entropy
11.1 New product launches
11.2 M&A's, collaborations, JVs and partnerships
12. Sports Analytics Market - Company Analysis
12.1 Company 1
12.2 Company 2
12.3 Company 3
12.4 Company 4
12.5 Company 5
12.6 Company 6
12.7 Company 7
12.8 Company 8
12.9 Company 9
12.10 Company 10

Methodology

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