(Health-NewsWire.Net, September 26, 2023 ) The global Sports Analytics Market size poised to grow from $2.5 billion in 2021 to $8.4 billion by 2026, at a CAGR of 27.3% during the forecast period.
Various factors such as increasing spending on adoption of newer technologies, changing landscape of customer intelligence to drive the market, and proliferation of customer channels are expected to drive the adoption of sports analytics technologies and services.
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Europe boasts the most sophisticated and well-known football associations and clubs in the world. Different European football leagues, such as the Barclays English Premier League, Bundesliga (Germany), Scottish Premier League (Scotland), and La Liga (Spain), play at frequent intervals, and their managements invest extensively in technologies for efficient game and individual tracking.
• The adoption of sports analytics solutions is growing at a rapid pace in the UK due to a rise in investment by teams, sports associations, governments, and management in technologies. The major reason behind the adoption of sports analytics solutions is increased awareness about science to keep track of players' performance and improve it over time, thus creating a competitive edge.
• Germany is considered one of the world’s foremost countries. Most active players adopting new technologies are from Germany, which is deemed as a leading country for investment.
• France is expected to come up with some opportunities in sports analytics solutions in its forecast period. The team members in this region are very aggressive and easy to adapt to any change. There are some associations that are using this solution to monitor their health in a training session so that they can avoid any problem and perform better over time. This is expected to drive the adoption of the sports analytics market, which will help grow the economy.
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