An international Europe Sports Analytics market analysis report brings into focus the key market dynamics of the sector. A range of definitions and classification of the ICT industry, applications of the ICT industry and chain structure are given in the report. This market report offers an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. Europe Sports Analytics market is supposed to rise during the forecast period due to growing demand at the end user level. The data and insights from Europe Sports Analytics marketing report suggest that new highs will take place in the market in 2021-2028.
Europe 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 with a CAGR of 43.8% in the forecast period of 2022 to 2029 and is expected to reach USD 3,446.93 million by 2029. Technological development in European region is acting as major factor for the growth of the market.
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Market Overview:
Europe is being highly penetrated by the adoption of sports analytics. Also, complex data structure enhancing the demand of analytics to attain high growth in the region. Europe is emerging market with advanced technologies being developed in the region.
Europe 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 component, the Europe 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 Europe sports analytics market has been segmented into team sports and individual sports. In 2022, the team sports segment is expected to dominate in the sports analytics market as leagues are the primary users of sports analytics solutions. Football, baseball, and basketball leagues have the highest adoption rate of these solutions, particularly for selecting players.
- On the basis of application, the Europe sports analytics market has been segmented into player team valuation, performance analytics, health assessment, fan engagement, broadcast management, video analysis and others. In 2022, the player team valuation segment is expected to dominate due to advancements in technologies like big data to get scientific sports data delivered in an easy to understand format that offers an opportunity for coaches, individuals, schools, teams, and sporting organizations to make informed decisions and improve overall performance.
- On the basis of deployment, the Europe sports analytics market has been segmented into on-premise and cloud. In 2022, the cloud segment is expected to dominate due to increasing demand for structured and visualized data in the market, which will help to increase the demand for cloud-based deployment mode.
- On the basis of organization mode, Europe sports analytics market has been segmented into large enterprises and SME’s. In 2022, the large enterprise segment is expected to dominate in the sports analytics market due to the wide use of analytics in large enterprises to enhance organization's business performance to work effectively. The emergence of AI and ML technologies is further augmenting the growth of the market.
- On the basis of analysis type, Europe sports analytics market has been segmented into on-field, and off-field. In 2022, the on-field segment is expected to dominate in the sports analytics market due to the growing use of analytical solutions in outdoor games such as football, baseball, basketball, hockey, and cricket, among others, also the usage of analytical tools in sports provides an ample amount of data related to the player's performance and fitness which helps in boosting the growth of the market.
Some major players covered in the report are SAP SE, Exasol, Opta, and Sportradar among others domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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