Middle East and Africa Sports Analytics Market to Reach A CAGR of 37.4% By The Year 2029
Market Analysis and Insights : Middle East and Africa Sports Analytics Market
Sports analytics market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing at a CAGR of 37.4% in the forecast period of 2022 to 2029 and is expected to reach USD 1,047.04 million by 2029. Growing adoption of smartphones and social media is increasing the growth of the market.
Sports analytics is defined as the usage of data and advanced statistics to measure success in the sports industry by making competitive and strategic sports decisions. Sports analytics, when properly implemented, may give a team or person enormous competitive advantages. As technology continues to evolve, data collection becomes more complicated, and the quantity of available information increases, so does the capacity to assess and enhance its efficiency. The development of advanced statistics and optimization of results has contributed to sports data expansion.
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Middle East and Africa Sports Analytics Market Scope and Market Size
Sports analytics market is segmented on the basis of component, sports type, application, deployment, organization mode, and analysis type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
· On the basis of components, the Middle East and Africa sports analytics market has been segmented into software, and services. In 2022, the software/platform segment is expected to dominate due to rising adoption of sports analytics software/platform can be largely attributed to the growing preference for cloud-based software solutions.
· On the basis of sports type, the Middle East and Africa sports analytics market is segmented into team sports and individual sports. In 2022, team sports segment is dominating as sports analytics provides easy-to-read visualizations that provide looking at historical sports data which allows analysts to analyze previous games, focus on current player’s performances and make predictions for future games.
· On the basis of application, the Middle East and Africa sports analytics market is segmented into player & team valuation, performance analytics, health assessment, fan engagement, broadcast management, video analysis and others. In 2022, player & team valuation segment is dominating due to strong partnership between coaching staff, players and analysts can develop a player to their full potential and make a coach become a better coach through structured training sessions and more informed decision making.
· On the basis of deployment mode, the sports analytics market is segmented into on-premise and cloud. In 2022, cloud segment is dominating as it offer solution for various types of team sports such as football, hockey, basketball and cricket among others with cloud deployment, improved collaboration with mobile apps and integrated platform for all sports data and offers a deeper insight into team dynamics.
Sports Analytics Market Country Level Analysis
The countries covered in the sports analytics market report are South Africa, UAE, Egypt, Saudi Arabia, Israel and rest of Middle East and Africa.
Competitive Landscape and Sports Analytics Market Share Analysis
The major players covered in the report are SAP SE, SAS Institute Inc., Zebra Technologies Corporation, CATAPULT, IBM Corporation, and ORACLE CORPORATION among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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MAJOR TOC OF THE REPORT
· Chapter One: Introduction
· Chapter Two: Market Segmentation
· Chapter Three: Market Overview
· Chapter Four: Executive Summary
· Chapter Five: Premium Insights
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