Sports Analytics Market Segmentation on the basis of key products, applications, technologies by 2024

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Sports Analytics Market Price, Trends, Industry
Outlook Forecast 2017-2024
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Key Insights from Sports Analytics Market

• Sports Analytics Market size is improving due to
  the need for valuable insights from both on and
  off the field to improve athletes games and
  monitor their health. This will help in making
  strategies from a collection of historical,
  relevant, and statistical data to help a team or
  an individual in a competition.
• Analytics play a major role in analyzing the
  athletes performance. On-field analytics is
  responsible for aiding players and in enhancing
  their performance by showcasing optimum fitness
  levels on the field with strategies in place.
  Off-field analytics is accountable for running
  the sports association smoothly by generating
  revenue from sales of merchandise and tickets.
• The sports analytics market demand is on the rise
  since the availability of a gamut of information
  enables strategy formulation and provides
  specific patterns, which are forecast to present
  opportunities for growth. Sports companies are
  also keenly adopting big data to formulate their
  business strategies.

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Continued...

• With advancements in technology, coaches can now
  collect patterns of how a player performs on the
  field instantly to gain invaluable insights,
  which may help them in changing their style of
  play during a match.
• Coaches or the support staff use big data
  analytics to design training sessions for players
  specifically, where every player goes through a
  specialized fitness regime. There is a fine
  potential moving forward that sports analytics
  may change the way we look and experience sports
  globally.

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Major Companies in Sports Analytics Market

• Tableau Software
• IBM
• SAS
• Opta
• SAP
• STATS LLC
• TruMedia
• Prozone

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Regional Insights in Sports Analytics Market

• North America and Western Europe hold the
  majority of the share in sports analytics market
  and is expected to maintain the share due to the
  use of analytics in all sports academies and
  associations.
• However, lack of understanding regarding the use
  of analytics and technology in sports across the
  Middle East and APAC can be an impediment to the
  market. Moreover, budget constraints and high
  costs required to hire technical persons to
  analyze the sports data also hinder sports
  analytics market.

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