Your Catalyst to a Lucrative Business
Sports software helps organizers to automate their administrative work and manage players by offering
a broad range of features such as ease of learning, user-friendly, advanced games management
technology. Sports management software saves time, increase funds, and reduces the errors coupled
with rising demand for automation is anticipated to boost the growth of the market during the forecast
period. The sports software industry is expected to grow at a CAGR of 13.1% from 2017 to 2024.
Browse Details of Report @ https://www.hexaresearch.com/research-report/gesture-recognition-market
North America led the sports software market in 2016 with a market share of 55.2% and is expected to
continue its dominant trend during the forecast period as well. The demand for this technology has been
increasing owing to the rising need to better manage the performance of the industry including clubs,
leagues, and association.
In 2016, the cloud-based technology was the largest and is expected to continue its dominance over the
next seven years as consumers prefer downloading sports apps through the internet which provides high
flexibility to the companies using the cloud model. On the other hand, on-premise technology is expected
to grow at a slower pace at a CAGR of over 12% owing to its access to a limited audience.
Every organization tries to capture a large market size by introducing innovative features through
technological advancements such as professional football teams using virtual reality as a training method
to keep the interaction with all the players, without having them to be on the field. Companies are
replacing hard tickets by e-tickets. In August 2015, SAP in collaboration with the Women’s Team
Association (WTA) developed an app that uses data to analyze a player’s performance. The major
innovations were on-court coaching, player comparison tool, and equestrian analytics tool.
Hexa Research has segmented the global sports software market based on software, end-use and
region:
Segmentation by Software, 2014 -2024 (USD Billion)
• Cloud-based
• On-premise
Segmentation by End-Use, 2017 -2024 (USD Billion)
• Coaches
• Clubs
• Leagues
• Sports Associations
Segmentation by Region, 2017 -2024 (USD Billion)
• North America
• U.S
• Europe
• Germany
• UK
• Asia Pacific
• Australia
Follow Us: