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USD 5.45 Bn growth expected in Artificial Intelligence Market in Sports -- North America to occupy 34% market share
[September 12, 2022]

USD 5.45 Bn growth expected in Artificial Intelligence Market in Sports -- North America to occupy 34% market share


NEW YORK, Sept. 12, 2022 /PRNewswire/ -- The artificial intelligence market in sports is set to witness an incremental growth of USD 5.45 billion, accelerating at a CAGR of 30.8% between 2021 and 2026. The report expects the market to observe significant growth in North America. The region will generate significant growth opportunities for vendors. The increased adoption of AI in sports in North America is driving the regional market growth. The report offers a detailed analysis of the artificial intelligence market in sports in optimistic, probable, and pessimistic forecast scenarios. Download PDF Sample Report

The global AI market in sports is fragmented, with the presence of a high number of international players and a few small-scale regional players. Key players operating in the market include Advanced Micro Devices Inc., AIBrain Inc., Amazon.com Inc., Anodot Ltd., Appinventiv Technologies Pvt. Ltd., Apple Inc., Arm Ltd., Catapult Group International Ltd., Cisco Systems Inc., Fujitsu Ltd., International Business Machines Corp., Meta Platforms Inc., Microsoft Corp., RacksonsIT Developers Pvt. Ltd., Salesforce.com Inc., SAP SE, SAS Institute Inc., Sportradar AG, Stats Perform group of companies, and V7 Ltd.

Players in the market are focusing on developing a variety of technologies to retain their market shares. The market comprises several other prominent vendors that account for significant market shares. The market is driven by innovation, and therefore, the threat of new entrants is high. Due to the intense research and development activities by other industry players and the high growth potential of the market, there is a high threat of new entrants. The threat of rivalry among the players is high as well. The market is in the growth stage, and it provides solutions for a perpetual problem. Companies can survive in the highly competitive market through pricing and data accuracy. Such factors are expected to boost the global AI market in sports during the forecast period.

Although the increasing demand for data integration and visual analytics will offer immense growth opportunities, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Sample Report Here

Artificial Intelligence Market in Sports 2022-2026: Segmentation

  • Type
    • Football
    • Cricket
    • Tennis
    • Basketball
    • Others

The football segment led the global AI market in sports in terms of market size in 2021. The increased adoption of IoT devices such as sensors, GPS trackers, and computer vision algorithms to track the movement of players and balls, the growth of IT in the industry for decision management, and the adoption of machine learning platforms are driving the growth of the segment.

  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • The Middle East and Africa

North America will emerge as a key market, occupying 34% of the global market share. Factors such as the growing emphasis on technological developments and an increase in the use of technology in sports are driving the growth of the regional market.

Artificial Intelligence Market in Sports 2022-2026: Vendor Analysis and Scope

To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research report on the artificial intelligence market in sports is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

The report also covers the following areas:

Artificial Intelligence Market in Sports 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist artificial intelligence market growth in sports during the next five years
  • Estimation of the artificial intelligence market size in sports and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the artificial intelligence market in sports
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of the artificial intelligence market in sports vendors

Related Reports:





Artificial Intelligence Market In Sports Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 30.8%

Market growth 2022-2026

USD 5.45 billion

Market structure

Fragmented

YoY growth (%)

27.25

Regional analysis

North America, Europe, APAC, South America, and the Middle East and Africa

Performing market contribution

North America at 34%

Key consumer countries

US, China, Australia, UK, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Advanced Micro Devices Inc., AIBrain Inc., Amazon.com Inc., Anodot Ltd., Appinventiv Technologies Pvt. Ltd., Apple Inc., Arm Ltd., Catapult Group International Ltd., Cisco Systems Inc., Fujitsu Ltd., International Business Machines Corp., Meta Platforms Inc., Microsoft Corp., RacksonsIT Developers Pvt. Ltd., Salesforce.com Inc., SAP SE, SAS Institute Inc., Sportradar AG, Stats Perform group of companies and V7 Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


Table of Contents:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

  • 5.1 Market segments
    • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
  • 5.2 Comparison by Type
    • Exhibit 26: Chart on Comparison by Type
    • Exhibit 27: Data Table on Comparison by Type
  • 5.3 Football - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Football - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Football - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Football - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Football - Year-over-year growth 2021-2026 (%)
  • 5.4 Cricket - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Cricket - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Cricket - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Cricket - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Cricket - Year-over-year growth 2021-2026 (%)
  • 5.5 Tennis - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Tennis - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Tennis - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Tennis - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Tennis - Year-over-year growth 2021-2026 (%)
  • 5.6 Basketball - Market size and forecast 2021-2026
    • Exhibit 40: Chart on Basketball - Market size and forecast 2021-2026 ($ million)
    • Exhibit 41: Data Table on Basketball - Market size and forecast 2021-2026 ($ million)
    • Exhibit 42: Chart on Basketball - Year-over-year growth 2021-2026 (%)
    • Exhibit 43: Data Table on Basketball - Year-over-year growth 2021-2026 (%)
  • 5.7 Other - Market size and forecast 2021-2026
    • Exhibit 44: Chart on Other - Market size and forecast 2021-2026 ($ million)
    • Exhibit 45: Data Table on Other - Market size and forecast 2021-2026 ($ million)
    • Exhibit 46: Chart on Other - Year-over-year growth 2021-2026 (%)
    • Exhibit 47: Data Table on Other - Year-over-year growth 2021-2026 (%)
  • 5.8 Market opportunity by Type
    • Exhibit 48: Market opportunity by Type ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 50: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 52: Chart on Geographic comparison
    • Exhibit 53: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026
    • Exhibit 62: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.7 South America - Market size and forecast 2021-2026
    • Exhibit 70: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 UK - Market size and forecast 2021-2026
    • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.10 France - Market size and forecast 2021-2026
    • Exhibit 82: Chart on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on France - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on France - Year-over-year growth 2021-2026 (%)
  • 7.11 China - Market size and forecast 2021-2026
    • Exhibit 86: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 87: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 88: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 89: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.12 Australia - Market size and forecast 2021-2026
    • Exhibit 90: Chart on Australia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 91: Data Table on Australia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 92: Chart on Australia - Year-over-year growth 2021-2026 (%)
    • Exhibit 93: Data Table on Australia - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 95: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 97: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 98: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 99: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 100: Matrix on vendor position and classification
  • 10.3 Advanced Micro Devices Inc.
    • Exhibit 101: Advanced Micro Devices Inc. - Overview
    • Exhibit 102: Advanced Micro Devices Inc. - Business segments
    • Exhibit 103: Advanced Micro Devices Inc. - Key news
    • Exhibit 104: Advanced Micro Devices Inc. - Key offerings
    • Exhibit 105: Advanced Micro Devices Inc. - Segment focus
  • 10.4 Catapult Group International Ltd.
    • Exhibit 106: Catapult Group International Ltd. - Overview
    • Exhibit 107: Catapult Group International Ltd. - Business segments
    • Exhibit 108: Catapult Group International Ltd. - Key offerings
    • Exhibit 109: Catapult Group International Ltd. - Segment focus
  • 10.5 International Business Machines Corp.
    • Exhibit 110: International Business Machines Corp. - Overview
    • Exhibit 111: International Business Machines Corp. - Business segments
    • Exhibit 112: International Business Machines Corp. - Key offerings
    • Exhibit 113: International Business Machines Corp. - Segment focus
  • 10.6 Meta Platforms Inc.
    • Exhibit 114: Meta Platforms Inc. - Overview
    • Exhibit 115: Meta Platforms Inc. - Business segments
    • Exhibit 116: Meta Platforms Inc. - Key news
    • Exhibit 117: Meta Platforms Inc. - Key offerings
    • Exhibit 118: Meta Platforms Inc. - Segment focus
  • 10.7 Microsoft Corp.
    • Exhibit 119: Microsoft Corp. - Overview
    • Exhibit 120: Microsoft Corp. - Business segments
    • Exhibit 121: Microsoft Corp. - Key news
    • Exhibit 122: Microsoft Corp. - Key offerings
    • Exhibit 123: Microsoft Corp. - Segment focus
  • 10.8 Salesforce.com Inc.
    • Exhibit 124: Salesforce.com Inc. - Overview
    • Exhibit 125: Salesforce.com Inc. - Product / Service
    • Exhibit 126: Salesforce.com Inc. - Key news
    • Exhibit 127: Salesforce.com Inc. - Key offerings
  • 10.9 SAP SE
    • Exhibit 128: SAP SE - Overview
    • Exhibit 129: SAP SE - Business segments
    • Exhibit 130: SAP SE - Key news
    • Exhibit 131: SAP SE - Key offerings
    • Exhibit 132: SAP SE - Segment focus
  • 10.10 SAS Institute Inc.
    • Exhibit 133: SAS Institute Inc. - Overview
    • Exhibit 134: SAS Institute Inc. - Product / Service
    • Exhibit 135: SAS Institute Inc. - Key news
    • Exhibit 136: SAS Institute Inc. - Key offerings
  • 10.11 Sportradar AG
    • Exhibit 137: Sportradar AG - Overview
    • Exhibit 138: Sportradar AG - Business segments
    • Exhibit 139: Sportradar AG - Key offerings
    • Exhibit 140: Sportradar AG - Segment focus
  • 10.12 Stats Perform group of companies
    • Exhibit 141: Stats Perform group of companies - Overview
    • Exhibit 142: Stats Perform group of companies - Product / Service
    • Exhibit 143: Stats Perform group of companies - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 144: Inclusions checklist
    • Exhibit 145: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 146: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 147: Research methodology
    • Exhibit 148: Validation techniques employed for market sizing
    • Exhibit 149: Information sources
  • 11.5 List of abbreviations
    • Exhibit 150: List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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