Global Sports Player Tracking and Analytics market was valued at US$ 1082.0 million in 2020 and is expected to reach US$ 16,228.8 million by 2029, growing at an estimated CAGR of 38.8% over the forecast period. Focus towards enhancing performance of sport players has aided the overall market in the recent past and is expected to continue the same trend over the forecast years. Sports analytics has become the model for predictive sports business. Analysts are finding innovative applications of technology in sports in order to make organizing and managing teams more efficient. Various solutions and tracking systems are being designed to provide real-time player performance metrics, video footage, and positional data of an individual player. The information gathered thereby can help in making informed decisions to enhance the performance of players as well as the entire team.
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A player tracking system can track various performance parameters, such as running speed, pulse rate, and distance covered. It can also help the coaches and support staff in annulling the common causes that frequently lead to injuries which can lead to Sports Player Tracking and Analytics Market. Games, such as football, hockey, basketball or auto car racing etc. involve high rates of rapid maneuvers and physical tackling that often lead to injuries during training sessions as well as tournaments. Coaches, athletes and sports companies are integrating IoT into training and competition equipment to enhance player performance. Analysts are using data collected through tacking devices to plan team strategies, suggest suitable position of players on the field, and make replacements. By applying metrics functions that describe how to put together a winning team without a very high cost, sports analytics also assists in team management with ease it can be a factor in growth of Sports Player Tracking and Analytics Market. Analytics is being actively used to plan out marketing and audience engagement strategies and improve fan appeal.
The report provides both, qualitative and quantitative research of Sports Player Tracking and Analytics market, as well as provides comprehensive insights and favored development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and details on the competitiveness of these players. Key business strategies such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts adopted by these major market participants are also recognized and analyzed in the report. For each company, the report studies their global presence, competitors, service offerings, specification, pricing, and gross margin.
Some of the players operating in the telehealth for Sports Player Tracking and Analytics market are Amazon Web Services, Inc. Catapult, Chetu Inc., Competitive Sports Analysis, Hawk-Eye Innovations Ltd., IBM Corporation, Kinduct, Opta, Real Sports Analytics, SAS Institute Inc., SMTSportsMEDIA Technology, Sportradar AG, Sportvision, STATS LLC, Synergy, TABLEAU SOFTWARE, TruMedia Networks, and ZTC.
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Sports Player Tracking and Analytics Market Segmentation:
- By Sports:
- Soccer
- Cricket
- Hockey
- Basketball
- Auto Racing
- Others
- By Application:
- Team Performance
- Athlete Performance
- Health Assessment
- Fan Preferences and Engagement
- Pricing Optimization
- Video Analysis
- Others
- By Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
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