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The global sports analytics market size was valued at USD 4.79 billion in 2024. The market is projected to grow from USD 5.79 billion in 2025 to USD 24.03 billion by 2032, exhibiting a CAGR of 22.5% during the forecast period.
Sports analytics tools provide insights that assist coaches, management, and athletes in improving their skills, strategies, and overall performance. These solutions provide advanced methods for analyzing data, enabling predictions of win-loss records to forecast the outcomes of upcoming sporting events.
Technology enhances performance, boosts commercial growth, and increases participation across the entire industry, highlighting the entertainment, social, and health benefits of sports. The startups play a crucial role in this ecosystem by introducing innovative ideas and addressing specific challenges within the industry.
List of early-stage companies that investors can target:
Camb.ai provides a generative AI model that translates spoken commentary into over 100 languages, dialects, and accents in real time, preserving the original speaker's voice and tone. In 2024, the company raised USD 4 million in a seed round led by Courtside Ventures to support its continued expansion.
The company provides facial recognition technology that compiles clips from broadcast or in-venue video feeds. Fans can download these clips through partner applications, allowing them to share videos of themselves in the crowd or on social media. This not only increases awareness and engagement but also generates advertising revenue, which is shared between 15SOF and its partners. The company recently raised USD 15 million in a Series A funding round led by Shadowbox Studios.
The company offers personalized nutrition plans specifically designed for athletes. By combining research with AI technology, it develops tailored strategies that cater to individual player needs and body types. These recommendations are delivered through an easy-to-use smartphone app, ensuring that athletes have the necessary information at their fingertips, thereby, increasing both awareness and effectiveness in their nutrition. In 2024, Hexis raised USD 2 million in a pre-seed funding round, backed by athlete-supported venture capital firm Apex, the owners of Southampton (Sport Republic), and several professional cyclists and Olympic medalists.
The company offers an intelligent mirror that delivers personalized workout experiences without the need for a personal trainer. The mirror provides visual instructions and real-time feedback, utilizing sensors to track key performance metrics and the movements of the individual. It is equipped with a library of workouts, some tailored for specific sports which is presented by renowned athletes. Till date, users of the mirror have logged over 46,000 hours of training, and the company aims to quintuple this figure by the year 2025. Recently, the company raised USD 5 million in a Series; A funding round led by IW Capital, with participation from executives at Meta, TikTok, and Spotify.
Increasing Investments from Sports Organizations is Fueling the Market Growth
Investors are progressively recognizing the value of sports analytics, resulting in substantial investments in technology enterprises specializing in data analysis, performance monitoring, and wearable devices. The rapid expansion is attributed to the adoption of modernized technologies, including digital signage, smart wearables, and infrastructure, intended to improve fan engagement and team performance. Prominent leagues such as the NBA, NFL, NHL, and MLB are progressively using analytics to make better strategic decisions and gain a competitive edge. The upsurge in franchise valuations, propelled by broadcasting media deals, has made direct ownership a bit more challenging, prompting investors to explore opportunities and associated technologies. For instance,
According to the European Football Marketing Partnerships 2023–24 Report –
Thus, the market showcases promising investment prospects, driven by technological advancements and data driven approaches to improve performance and fan engagement. Such investments are fueling the sports analytics market share.
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The pie chart indicates the funding across different sports sectors from 2019 – 2023. Funding for Fans & Content that include content platforms, fan engagement, betting, and fantasy sports solutions ranks at the top in the North American market. The surge in funding creates various prospects for sports analytics solutions in the region.
Integration of Digital Injury Prevention tools to Boost the Market Progress
Restoration after injuries can take months or years of reliable and well-ordered exercise. Professional athletes typically have rehab specialists or skilled physiotherapists in their team . However, this may not be the case for newly entered athletes who do not have sponsorship. Thus, the implementation of injury prevention tools can help the players defend against injury in advance, thereby enhancing their overall performance on the field. With the rising usage of artificial intelligence in healthcare, injury anticipation with the usage of AI is also trending .
These applications relate similar values to AI-driven coaches, leveraging human pose approximation and computer vision to trail precise motion and deliver feedback. Rehab implementations assist players in appropriate injury treatment and retrieval by presenting a set of exercises and proper practices. Also, players’ injuries can be monitored by providing biomechanics alterations . Similar systems develop in various types of sports. For instance,
Thus, integration of digital injury prevention tools to boost the sports analytics market growth.
Ethical and Security Concerns can Limit the Market Progress
Sports analytics involves collecting huge amounts of personal and professional data raising concerns regarding unauthorized access and potential misuse of player’s personal information. While tracking data can offer a valued understanding of player performance, there are apprehensions over player privacy and consent. Moreover , issues can occur owing to wrong data entry or technical issues. Such issues can impact the overall analysis of the team or player, thereby limiting its adoption across the end-users.
Immersive Broadcasting with Augmented Reality to Create New Market Opportunities
Sports broadcasting is one of the prominent sources of income for sports associations. The interruptions due to COVID-19 pandemic across sports events and shortening the attention span brought by TikTok forced an issue for presenters of long games. People spend less time watching the event. With the growing popularity of augmented reality (AG), the attractiveness of the technology is increasing across sports events and matches. The Viewer Engagement Survey emphasizes the prominence of adapting content for the younger generation’s viewing habits. Gen Z and Millennials aspire to watch engaging and shorter content.. They presume real-time data, augmented reality (AR) graphics, and advanced analysis to improve their immersion in the game. Any broadcaster not seeing these components within their content can lag. For instance,
Thus, adoption of immersive broadcasting can create numerous opportunities for market players.
The market is geographically studied across North America, South America, Europe, the Middle East & Africa, and Asia Pacific and each region is further studied across countries.
North America Sports Analytics Market Size, 2024 (USD Billion)
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North America led with the maximum market share in 2024. The market is witnessing growth in the region due to increasing adoption of wearable devices and GPS/sensor tracking systems that are used to collect granular data on player movements, biometrics, and in-game events. According to industry experts, the number of wearable devices in North America has reached around 378.8 million, with U.S leading in the region.
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In the U.S., the market is expected to experience a strong growth rate during the forecast period, driven by technological advancements and an increasing emphasis on data-driven decision-making across various sports disciplines. Sports organizations in U.S. are leveraging analytics to understand fan behavior and preferences, enabling the development of targeted marketing campaigns and personalized fan experiences, which boosts revenue growth.
The Asia Pacific region is expected to grow with the highest CAGR during the forecast period. The countries, including Japan, China, and India, are expected to experience strong demand for their robust building of sports culture. The key factors contributing to market growth includes increasing investments in sports, the establishment of numerous sporting leagues, and the ongoing digitalization trend. Notably, China dominated the market in 2024.
Europe is expected to show significant market growth during the forecast period, as sports technology in Europe has been rapidly evolving over the past few years due to integrating a wide range of innovations from data analytics and wearables to advanced training tools and fan engagement platforms. Germany dominated the market in 2024.
Middle East & Africa is anticipated to grow at a healthy rate. Governments and private entities in the MEA region began investing more in sports development, leading to the establishment of sports technology incubators and funding for startups focused on analytics and performance technologies.
South American market is likely to register a steady growth rate over the forecast period. Professional sports teams, leagues, and governing bodies in South America are adopting analytics technologies to improve player performance, team strategy, and fan engagement.
Generative Artificial Intelligence AI And Machine Learning ML Are Making Significant Advances In Sports Analytics
Integration of Smart Wearable Technology In Training is Expected to Boost Its Growth
Sports analytics market has been further segmented into video analytics, big data analytics, real-time analytics, smart wearable technology, and others.
Among these, smart wearable technology is estimated to grow with highest CAGR during the forecast period. The granular data collected by wearables allow for the creation of personalized training programs. Integration of wearables in training has contributed to a reduction in injury rates by up to 15%.
Video analytics dominated the market in 2024 as video analytics plays a significant role in modern sports analytics. By capturing high-definition footage and tagging specific events, teams can quantify a player’s effectiveness. For instance, several NBA teams using systems like Second Spectrum have reported improvements in player efficiency metrics by up to 10%-15% after integrating video-based feedback into training programs.
Increasing Adoption of Cloud based Solution is Driving its Growth
Based on deployment, the market is bifurcated into cloud and on-premise.
The cloud accounts for the largest share in 2024 and is expected to register highest CAGR during the forecast period. Cloud platforms can scale up quickly to process large volumes of data from wearable devices, video feeds, and IoT sensors. Cloud platforms provide the computing power necessary to run complex algorithms and machine learning models. These models can uncover patterns from vast datasets, ranging from player biometrics to tactical movements, enabling teams to predict outcomes, prevent injuries, and refine game plans. Integrating AI with cloud-based analytics can improve decision-making accuracy by 15%–20% over traditional methods.
Modifying Training Programs and In-game Strategies to Drive the Surge for On-field Analytics
By type, the market is segmented into on-field and off-field.
Among these, on-field dominated the market in 2024, driven by advancements in technology and a deeper understanding of data's role in enhancing athletic performance. Teams utilize on-field analytics to monitor player metrics such as speed, endurance, and positional data. This information aids in modifying training programs and in-game strategies, leading to improved performance. For instance, real-time data analysis allows coaches to make informed decisions about player substitutions and tactical adjustments.
Off-field is expected to witness highest CAGR during the forecast period. Analytics enable teams to implement dynamic pricing models, adjusting ticket prices in real-time based on factors such as opponent strength, weather conditions, and historical attendance data. This approach maximizes revenue and ensures optimal stadium occupancy. Off-field analytics play a crucial role in CRM initiatives, helping organizations better understand and target existing and potential fans.
Rising Adoption of Sports Analytics Have Led to Its Dominance in Market
Based on end-user, the market has been segmented into team, individual athletes, sports association & federation, and event organizers and sponsors.
Among these, Sports Association & Federation dominated the market in 2024 and is expected to grow with highest CAGR during the forecast period. Sports associations and federations are increasingly adopting sports analytics to enhance performance, optimize operations, and gain a competitive edge. Over 75% of sports associations use real-time analytics during games to gain a competitive advantage.
Event organizers and sponsors are expected to grow with healthy growth rate in coming years. Event organizers use sports analytics to enhance scheduling, logistics, ticketing, security, and fan experience by analyzing attendance patterns, weather conditions, and real-time engagement metrics.
Sponsors rely on analytics to measure brand exposure, audience demographics, and return on investment (ROI).
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Market Players to Opt for Merger & Acquisition Strategies to Expand their Presence
Sports analytics solution providers are associating and competing for better reach to sports fans and consumers, and they are acquiring smaller enterprises that deliver solutions and components in the sports sector. Companies form strategic alliances and collaborations to enlarge the business, products, technologies, and other offerings with year-on-year revenue growth. Partnerships and collaborations vary according to business requirements, such as the enlargement of the product portfolio, which helps to expand the global presence and acquire a new customer base.
List of Global Companies | List of Start-ups | List of Regional Players |
Oracle Corporation (U.S.) | 15 Seconds of Fame (U.S.) | VNG Corporation (Vietnam) |
WHOOP (U.S.) | ASB Glass Floor (Germany) | YeuTheThao (Vietnam) |
SAP SE (Germany) | Camb.ai (UAE) | Teqball (Hungary) |
Catapult (Australia) | Dibz (Canada) | Cipher Sports Technology Group (Australia) |
Sportradar AG (Switzerland) | Fanbase (U.K.) | G42 (UAE) |
Kitman Labs (Ireland) | Grandstand (U.S.) |
|
Stats Perform (U.S.) | Hapana (Australia) |
|
Orecco (Ireland) | Hexis (Ireland) |
|
Hudl (U.S.) | Tonsser (Denmark) |
|
InStat Sport (Ireland) | Zaptap (Switzerland) |
|
Performance Sports Technology (South Africa) | Stupa Sports Analytics (India) |
|
Wyscout (Italy) | Football Radar (Brazil) |
|
and more….
The market research report provides a detailed market analysis on market segments. It focuses on key points, such as leading companies, offerings, and applications. Besides this, the report offers an understanding of the latest market trends and highlights key industry developments. In addition to the above-mentioned factors, the report contains several factors that have contributed to the growth of the market in recent years.
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ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2032 |
Historical Period | 2019-2023 |
Growth Rate | CAGR of 22.5% from 2025 to 2032 |
Unit | Value (USD Billion) |
Segmentation | By Solution
By Deployment
By Type
By End-User
By Region
|
Companies Profiled in the Report | Oracle (U.S.), WHOOP (U.S.), SAP SE (Germany), Catapult (Australia), IBM Corporation (U.S.), SAS Institute (U.S.), Sportradar AG (Switzerland), Kitman Labs (Ireland), Stats Perform (U.S.), Orecco (Ireland), and Others. |
The market is projected to reach USD 24.03 billion by 2032.
In 2024, the market was valued at USD 4.79 billion.
The market is projected to grow at a CAGR of 22.5% during the forecast period.
Video analytics segment is expected to lead the market in terms of market share.
Increasing Investments from Sports Organizations and Tech Giants to Fuel the Market Growth
Oracle, WHOOP, SAP SE, Catapult, IBM, SAS Institute, Sportradar AG, Kitman Labs are the top players in the market.
North America is expected to hold the highest market share.
By End-User, media & entertainment sector is expected to grow with a highest CAGR during the forecast period.
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