Global Cloud-based Sports Analytics Market Overview:
Cloud-Based Sports Analytics Make Use of Cloud Technology to Analyse & Track Vital Sports Information & Draw Insights to Have an Edge Over the Opponents. The Data Collected Through This Technology Can be Used for Various Purposes Including Selection of Players, Deciding Playing Line-Ups, & Strategy Formulation Before, During, & After The Game. Cloud-Based Services Offer Advantages, Such as Low Cost, Rapid Scalability, Easy Access, & Uninterrupted Service
- Growth in the Demand for Tracking Player Performance & Fitness Variables, Such As Heartbeat, Speed, & Acceleration.
- Need for Taking Improved Decisions to Gain an Advantage Over Competitors as Well as for Developing Strategies Related to Matches
- Teams & Clubs Partnering With Analytics Companies
- Privacy Concerns Associated With Cloud-Based Services
- With the Increasing Adoption of Cloud-Based Sports Analytics, There are Opportunities for Adoption & Involvement in Fantasy Gaming
- There are Growing Prospects for Cloud-Based Sports Analytics, Owing to the Rise in the Usage of Wearable Devices in the Sports Industry
- The Security Concerns Linked With the Cloud-Based Sports Analytics May Pose a Challenge
The Market for the Cloud-Based Sports Analytics is Fragmented with the Presence of Many Players. Owing to Advancements in Sports Tracking technologies, There are Growing Prospects for the New Players to Enter the Market
Some of the key players profiled in the report are EXL (United States), IBM (United States), Catapult (United States), GlobalStep (United States), SportsSource Analytics (United Kingdom), Experfy (United States), IceBergs Sports (Canada), Chyronhego (United States), Stats Perform (United States) and Exasol (Germany). Additionally, following companies can also be profiled that are part of our coverage like Tableau Software (United States), SAS Institute (United States), TruMedia Network (United States), DataArt (United States), HCL (India), Orreco (Ireland), Advanced Sports Analytics (United States), Qualitas Global (India), Physimax Technologies (United States) and Zebra Technologies (United States). Analyst at AdvanceMarketAnalytics see United States Players to retain maximum share of Global Cloud-based Sports Analytics market by 2025. Considering Market by Component, the sub-segment i.e. Solutions will boost the Cloud-based Sports Analytics market. Considering Market by Sports Type, the sub-segment i.e. Individual Sports will boost the Cloud-based Sports Analytics market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cloud-based Sports Analytics market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cloud-based Sports Analytics market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Sports Analytics Companies, Investors, Regulatory & Government Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.