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Global AI In Sports Market Report 2025, Forecast To 2034

4 Mar, 2025

What Has Been The Historical And Current Growth Of The AI In Sports Market?

The ai in sports market has seen considerable growth due to a variety of factors.
•The market capacity of AI in sports has seen an explosive growth in the past few years. It's envisioned to expand from the size of $2.39 billion in 2024 to hit $3.1 billion in 2025, maintaining a compound annual growth rate (CAGR) of 29.8%.
This growth during the historical period can be credited to the need for performance enhancement, improved fan engagement, injury prevention and management, strategic decision-making, and a competitive marketplace.

What Is The Forecast For The AI In Sports Market By 2029?

The ai in sports market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for AI in sports is projected to experience a significant expansion in the upcoming years. The market is predicted to rise to "$8.7 billion by 2029, with an impressive compound annual growth rate (CAGR) of 29.5%.
This development in the forecasted period is mainly due to the advancement of sports analytics, improved athlete development initiatives, the worldwide unfolding of AI technologies, an increasing focus on data protection, and the integration of wearable technologies. The forecast period would see major trends like the growth of AI in esports, the use of AI in sports betting and foresight analytics, concerns around ethical usage and data privacy, partnerships with sports science and medicine, and personalized fan experiences facilitated by AI.

Which Drivers Are Accelerating Growth In The AI In Sports Market?

The surge in the need for instantaneous data analysis is predicted to fuel the expansion of the AI industry in sports. Instantaneous data analytics involves the continuous examination of data as it is produced or collected, allowing companies to make immediate and informed choices based on the most recent information. This demand is growing due to businesses' increasing necessity for swift and informed decision-making based on current data. In the world of sports, AI-enhanced real-time data analytics can help teams gain essential insights, improve performance, and make strategic choices during matches by examining player and game statistics live. For example, as mentioned in a Bureau of Labor Statistics report published in August 2024, data analyst positions are projected to increase by 23% from 2021 to 2031, which is significantly higher than the 5% growth rate across all sectors. Therefore, the expanding need for real-time data analytics will likely accelerate the expansion of AI in the sports industry.

What Are The Core Segments Of The Global AI In Sports Market?

The AI in sports market covered in this report is segmented –
1) By Solution: Software, Hardware
2) By Game Type: Football, Cricket, Tennis, Basketball
3) By Deployment: Cloud, On-Premise
4) By Technology: Machine Learning, Natural Language Processing, Computer Vision, Data Analytics, Other Technologies
5) By Application: Game Planning, Game Strategies, Performance Improvement, Injury Prevention Sports Recruitment, Others Applications Subsegments:
1) By Software: Analytics Software, Player Tracking Software, Performance Monitoring Software, Video Analysis Software, Game Strategy Software
2) By Hardware: Wearable Devices, Smart Cameras, Sensors, Drones, GPS Devices

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Which Emerging Trends Are Reshaping The AI In Sports Market Size?

The rise in technological innovations is becoming a prevalent trend in the AI for sports market. Major firms in the AI and sports field are embracing these new advancements to maintain their market status. For example, Epoxy ai., an American firm specializing in AI-driven sports tech solutions, rolled out their Audience Cloud technology in October 2022. This pioneering sports technology platform offers vital data to sports media organizations and game operators, assisting them to comprehend better user interactions with their products as customers' affiliations change with the passing seasons and evolving fandoms. The technology uses bespoke AI to maintain a continuous image of sports fan behavior, resulting in enhanced sports media analysis and game performance. Furthermore, the Audience Cloud consistently aggregates user data from diverse sources, including betting habits, viewership trends, and other pertinent contextual signals.

Who Are the Key Players in the AI In Sports Market?

Major companies operating in the AI in sports market include:
• International Business Machines Corporation
• SAP SE
• SAS Institute Inc.
• Sportradar AG
• Amazon Inc.
• Microsoft Corporation
• Apple Inc.
• Opta Sports company
• Catapult Group International Ltd.
• Trumedia Networks
• Salesforce.com Inc.
• Synergy Sports Technology
• Krossover
• The Chyron Corporation
• FocusMotion
• VeoRide Inc.
• Athos
• Arccos Golf LLC
• Square Off
• Kitman Labs
• Zone7 Technologies Inc
• KINEXON Sports & Media GmbH
• Second Spectrum Inc.
• Zebra Technologies India Pvt. Ltd.
• Facebook Inc.
• Stats Perform
• ChyronHego Corporation
• ShotTracker Inc.
• PlaySight Interactive Inc.
• Hawk-Eye Innovations Ltd.

What are the Regional Insights into the AI In Sports Market?

North America was the largest region in the AI in sports market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global AI in sports market report during the forecast period. The regions covered in the AI in sports market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa