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Sports analytics market is anticipated to reach $4.7 bn till year 2021

Sports analytics market Latest industry research report on Sports analytics market driving forces relate to the ability to improve winning percentages and decrease the cost of paying players. Sports analytics market size at $125 million in 2014 is anticipated to reach $4.7 billion by 2021. Significant growth is driven by the smart phone and social media in addition to cloud computing market penetration. With smart phones and tablets beginning to get significant uptake all over the world sports analytics play into that market expansion. Growth is a result of sports league and team department efforts.

By implementing metrics functions that describe how to put together a winning team without a very high payroll, sports analytics provide a winning edge to team management. Analytics are used to figure out how a team can improve fan appeal.

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 Sports analytics are used for creating fantasy leagues, giving sports fantasy players access to statistics that enhances their play of the game. It is used to improve scouting, to detect new player unusual talent and evaluate players competitive capability. Using the system, the agent gains competitive advantage with teams when they present analysis about the players they represent.

According to Susan Eustis, principal author of the market research study, “Sports teams have discovered that with intelligent use of sports analytics they can dominate a league. As the early adopters prove that analytics makes the difference between winning and losing, all teams, mangers, and fantasy sports players need to adopt use of the solutions creating market growth opportunities. .”

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Market Leaders

  • Stats / Prozone
  • Perform / Opta
  • TruMedia
  • Catapult

Market Participants

  • Advanced Sports Analytics
  • Analytics Educational
  • Associated Press
  • Bodybuilding.com
  • Catapult: NHL Technology
  • Competitive Sports Analysis
  • IBM
  • Major League Baseball (MLB)
  • Teams

Key Topics

  • Smart Analytics Products
  • Sports Analysis Software
  • Sports Health Consultant
  • Sports Medicine Clinic
  • Sports Video Analysis
  • Software
  • Sports Software
  • Sports Performance

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