As cited by the business intelligence report titled ‘GLOBAL Sports Analytics Market 2019-2027’, available with Market Study Report, global sports analytics market is anticipated to grow at a robust compound annual growth rate of 21.40% over the forecast period of 2019-2028.
 

According to industry experts, emphasis towards managing large volumes of on-field data coupled with escalating demand for real-time data access as well as predictive insights are bolstering global sports analytics market growth.
 

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Innovative product launches, technological advancements, rising disposable incomes, and strategic alliances such as partnerships, mergers, and collaborations are adding substantial traction to the industry expansion.
 

Moreover, surging adoption of advanced analytics for streaming complex data sets along with high availability of affordable and high-end computing solutions are stimulating global sports analytics market outlook.
 

Speaking of the negatives, high initial investment, increasing costs of maintenance, and dearth of skilled workforce are expected to restrain business development during the analysis timeframe.
 

From a regional frame of reference, North America, Europe, Latin America, Middle East & Africa, and Asia-Pacific are the key contributors of the market value.
 

Among these, Europe sports analytics market is anticipated to amass substantial gains by the year 2028. Ongoing technological advancements across sports academies, increasing financial capabilities of sports organizations, and escalating investments in the vertical are fostering the regional industry expansion.
 

Moving on to competitive landscape, SAP SE, IBM Corporation, Sportradar AG, Synergy Sports Technology, Nielsen Sports, Tableau Software, LLC, TruMedia Networks Inc., Opta Sports, Stats Perform, SAS Institute Inc., Oracle Corporation, and Catapult Group International Ltd. are the top companies defining global sports analytics market trends.