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UNITED STATES SPORTS ANALYTICS MARKET FORECAST 2024-2032

SCOPE OF THE REPORT

United States Sports Analytics Market by Component (Solution, Service) Market by Deployment (Cloud, on-premises) Market by Sports (Football, Cricket, Basketball, American Football, Other Sports) Market by Application (Marketing/ Sales, Video Analysis, Fan Engagement, Team Performance and Training , Player Analysis and Health Assessment, Other Applications)


MARKET OVERVIEW

The United States sports analytics market is predicted to project a CAGR of 22.6% during the forecast period, 2024-2032, and is expected to reach a revenue of $xx million by 2032.

Coaches and team management rely heavily on data analysis to make informed decisions regarding player selection, game strategies, and in-game tactics. This involved the use of statistical models, machine learning algorithms, and other analytical tools. For instance, in baseball, teams like the Houston Astros and the Boston Red Sox have gained prominence for their use of analytics in player recruitment and in-game decision-making. They leverage advanced statistical models like WAR (Wins Above Replacement) to evaluate player contributions, and they use data to inform defensive shifts and pitching strategies during games.

United States Sports Analytics Market

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Furthermore, with the rise of eSports, analytics became increasingly important in understanding player performance, optimizing team strategies, and providing insights into the rapidly growing world of competitive gaming. For instance, organizations like Team Liquid in competitive gaming (e.g., League of Legends, Dota 2) leverage analytics to evaluate player performance, optimize in-game strategies, and scout potential opponents. They analyze gameplay data, including individual player statistics and team dynamics, to gain a competitive edge. 

The United States sports analytics market segmentation includes application, sports, deployment, and component. The application segment includes marketing/ sales, player analysis and health assessment, team performance and training, video analysis, and other applications.

Sports analytics aids coaches and team owners in monitoring and enhancing their team’s performance. Moreover, it plays a crucial role in decision-making, optimizing performance, and supporting both coaches and players on their journey toward achieving optimal results.

Team performance and sports training are recurring activities undertaken by various sports organizations to achieve a common objective. Additionally, they contribute to improving team coordination, developing both team and individual skills and capabilities. Many sports clubs have embraced team performance analysis to enhance their on-field and off-field capabilities.

As technology and analytics continue to advance in today’s society, the sporting industry follows suit. The availability of data is expanding rapidly, with companies like Opta providing third-party data and statistics for every game and player in major professional sports. This allows more teams to access information on their opponents’ recent performances, tactical decisions, player profiles, and other data points, providing a competitive advantage.

In this new era of data, coaches and teams require analysts to help them navigate through vast amounts of information, manage and maintain team databases, and utilize performance analysis software. This includes coding games, editing footage from cameras, extracting data from providers like Opta, and acquiring technical skills that were unimaginable in the past.

Some of the prominent companies in the United States sports analytics market are Oracle Corporation, Tableau Software, Stats Perform, etc.

Stats Perform stands as a prominent provider of cutting-edge performance analysis services. Its main focus lies in supplying sports analysis solutions to various sectors, including sports, telecommunications, media, and technology. The range of services offered encompasses coverage content, visual content, data solutions, sports video, graphics & visualizations, coverage support, video media, research tools, data feeds, viewer engagement programs, and customizable data. Being a private firm, specific financial details are not publicly disclosed. It is headquartered in Chicago, Illinois, the United States.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2024-2032
Base Year2023
Market Historical Years2018-2022
Forecast UnitsRevenue ($ Million) 
Segments Analyzed
Application, Sports, Deployment, and Component
Countries AnalyzedThe United States
Companies AnalyzedTableau Software, Stats Perform, Oracle Corporation, SAS Institute Inc, IBM Corporation, Nielsen Sports, Catapult Group International Ltd
TABLE OF CONTENTS
  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. SCOPE OF STUDY
    3. METHODOLOGY
    4. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. COUNTRY SNAPSHOT
    3. COUNTRY ANALYSIS
    4. KEY GROWTH ENABLERS
    5. KEY CHALLENGES
    6. MAJOR MARKET FINDINGS
  3. KEY ANALYTICS
    1. CRISIS SCENARIO ANALYSIS
    2. PEST ANALYSIS
      1. POLITICAL
      2. ECONOMICAL
      3. SOCIAL
      4. TECHNOLOGICAL
    3. KEY MARKET TRENDS
    4. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    5. GROWTH PROSPECT MAPPING
  4. MARKET BY COMPONENT
    1. SOLUTION
    2. SERVICE
  5. MARKET BY DEPLOYMENT
    1. CLOUD
    2. ON-PREMISES
  6. MARKET BY SPORTS
    1. FOOTBALL
    2. CRICKET
    3. BASKETBALL
    4. AMERICAN FOOTBALL
    5. OTHER SPORTS
  7. MARKET BY APPLICATION
    1. MARKETING/ SALES
    2. VIDEO ANALYSIS
    3. FAN ENGAGEMENT
    4. TEAM PERFORMANCE AND TRAINING 
    5. PLAYER ANALYSIS AND HEALTH ASSESSMENT 
    6. OTHER APPLICATIONS  
  8. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PRODUCT LAUNCHES & DEVELOPMENTS
      3. PARTNERSHIPS & AGREEMENTS
    2. COMPANY PROFILES
      1. TABLEAU SOFTWARE
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      2. STATS PERFORM
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      3. ORACLE CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      4. SAS INSTITUTE INC
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      5. IBM CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      6. NIELSEN SPORTS
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      7. CATAPULT GROUP INTERNATIONAL LTD
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – SPORTS ANALYTICS

TABLE 2: UNITED STATES SPORTS ANALYTICS MARKET, BY COMPONENT, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: UNITED STATES SPORTS ANALYTICS MARKET, BY COMPONENT, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 4: UNITED STATES SPORTS ANALYTICS MARKET, BY DEPLOYMENT, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 5: UNITED STATES SPORTS ANALYTICS MARKET, BY DEPLOYMENT, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 6: UNITED STATES SPORTS ANALYTICS MARKET, BY SPORTS, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: UNITED STATES SPORTS ANALYTICS MARKET, BY SPORTS, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 8: UNITED STATES SPORTS ANALYTICS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 9: UNITED STATES SPORTS ANALYTICS MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 10: LIST OF MERGERS & ACQUISITIONS

TABLE 11: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 12: LIST OF PARTNERSHIPS & AGREEMENTS

LIST OF FIGURES 

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: GROWTH PROSPECT MAPPING FOR UNITED STATES

FIGURE 4: MARKET CONCENTRATION ANALYSIS

FIGURE 5: UNITED STATES SPORTS ANALYTICS MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2023

FIGURE 6: UNITED STATES SPORTS ANALYTICS MARKET, BY SOLUTION, 2024-2032 (IN $ MILLION)

FIGURE 7: UNITED STATES SPORTS ANALYTICS MARKET, BY SERVICE, 2024-2032 (IN $ MILLION)

FIGURE 8: UNITED STATES SPORTS ANALYTICS MARKET, GROWTH POTENTIAL, BY DEPLOYMENT, IN 2023

FIGURE 9: UNITED STATES SPORTS ANALYTICS MARKET, BY CLOUD, 2024-2032 (IN $ MILLION)

FIGURE 10: UNITED STATES SPORTS ANALYTICS MARKET, BY ON-PREMISES, 2024-2032 (IN $ MILLION)

FIGURE 11: UNITED STATES SPORTS ANALYTICS MARKET, GROWTH POTENTIAL, BY SPORTS, IN 2023

FIGURE 12: UNITED STATES SPORTS ANALYTICS MARKET, BY FOOTBALL, 2024-2032 (IN $ MILLION)

FIGURE 13: UNITED STATES SPORTS ANALYTICS MARKET, BY CRICKET, 2024-2032 (IN $ MILLION)

FIGURE 14: UNITED STATES SPORTS ANALYTICS MARKET, BY BASKETBALL, 2024-2032 (IN $ MILLION)

FIGURE 15: UNITED STATES SPORTS ANALYTICS MARKET, BY AMERICAN FOOTBALL, 2024-2032 (IN $ MILLION)

FIGURE 16: UNITED STATES SPORTS ANALYTICS MARKET, BY OTHER SPORTS, 2024-2032 (IN $ MILLION)

FIGURE 17: UNITED STATES SPORTS ANALYTICS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2023

FIGURE 18: UNITED STATES SPORTS ANALYTICS MARKET, BY MARKETING/SALES, 2024-2032 (IN $ MILLION)

FIGURE 19: UNITED STATES SPORTS ANALYTICS MARKET, BY VIDEO ANALYSIS, 2024-2032 (IN $ MILLION)

FIGURE 20: UNITED STATES SPORTS ANALYTICS MARKET, BY FAN ENGAGEMENT, 2024-2032 (IN $ MILLION)

FIGURE 21: UNITED STATES SPORTS ANALYTICS MARKET, BY TEAM PERFORMANCE AND TRAINING, 2024-2032 (IN $ MILLION)

FIGURE 22: UNITED STATES SPORTS ANALYTICS MARKET, BY PLAYER ANALYSIS AND HEALTH ASSESSMENT, 2024-2032 (IN $ MILLION)

FIGURE 23: UNITED STATES SPORTS ANALYTICS MARKET, BY OTHER APPLICATIONS, 2024-2032 (IN $ MILLION)

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