India Sports Analytics Market (2022-2028) | Size, Industry, Outlook, Share, Growth, Revenue, Forecast, Analysis, Trends, Value, Segmentation & COVID-19 IMPACT

India Sports Analytics Market Synopsis

The India Sports Analytics Market is expected to grow during the forecast period. Industrial analytics is the process of analyzing data to gain insights that can be used to improve industrial processes. This can be done using a variety of methods, such as statistical analysis, machine learning, and data mining. Industrial analytics can be used to optimize production processes, predict equipment failures, and identify opportunities for cost savings. It can also be used to improve safety and quality control. The major drivers for this market are the increasing use of data and analytics in professional sports, the growing popularity of fantasy sports, and the investments made by various stakeholders in sports startups.

According to 6Wresearch, the India Sports Analytics Market size is expected to grow during 2022-2028. With the rising popularity of cricket and other sports in India, there is a growing need for better understanding of the game through data and analytics. This has led to an increase in the use of sports analytics by various stakeholders such as teams, leagues, broadcasters, and betting companies. Further, the growth of fantasy sports in India has also boosted the demand for sports analytics solutions as it helps users make more informed decisions while choosing their teams.

Other factors that are driving the growth of the Sports Analytics Market in India include the investments made by venture capitalists and corporates in sports startups, government initiatives to promote sports, and the increasing number of digital platforms that are providing live streaming of sporting events.

COVID-19 Impact on India Sports Analytics Market

The COVID-19 pandemic halted the growth of the India Sports Analytics Market which is a vital part of the Asia Pacific Sports Analytics Market. It happened due to the imposed lockdown by the Indian government. There was a strict restriction on any outside activity. Therefore, the market came across various growth challenges. The entire sports market was facing the difficulties and it directly impacted the Sports Analytics Market in India. The market tried to progress well in the market but it could not because of huge restrictions on sports activities. After dealing with the difficult time, the market is now progressing well. It is expected that India Sports Analytics Market share will increase more. 

Market Analysis by Development

On the basis of development, the market can be segmented into Cloud, and On Premises. The could segment has been evolving more within the market. The cloud segment is expected to boost the market growth in the near future. 

Market Analysis by End User

On the basis of end user, the market can be divided into Residential, and Commercial. Both these segments have been growing effectively within the India Sprots Analytics Industry these days. These segments are estimated to boost the growth of this market in the years to come. 

Key Players in the India Sports Analytics Market

The competition level in the Sports Analytics Market in India is high. This level is tended to become more intense since new entrants are entering the market. Some of the major players operating in the India Sports Analytics Market are: 

• Deltatre SpA
• Catapult Group International Pty Ltd.
• IBM Corporation,
• SAS Institute Inc.
• Oracle Corporation
• Microsoft Corporation

These companies have been adding value to the India Sports Analytics Market. More companies are expected to enter this market in the near future. 

Drivers and Inhibitors of the India Sports Analytics Market

The main drivers for this market are the growing popularity of sports, the increasing number of professional teams, and the rising investments in sports analytics. However, the lack of awareness about sports analytics among small and medium enterprises (SMEs) is a major inhibitor for this market.

The popularity of sports in India has been growing steadily over the past few years. This can be attributed to the success of Indian athletes in international competitions, as well as the growing number of professional teams in various sports. For instance, cricket is one of the most popular sports in India and the Indian Premier League (IPL) is one of the most successful professional cricket leagues in the world. Similarly, there has been a significant increase in the number of professional kabaddi teams in India over the past few years. This has resulted in a greater interest in sports among Indians, which is driving the growth of the sports analytics market in India.

Investments by various stakeholders, such as government bodies, private companies, and venture capitalists, have also been driving the growth of this market. For instance, Star Sports, a leading broadcaster in India, has invested heavily in developing its own proprietary data and analytics platform called Starsports Insights. This platform provides detailed insights about various cricket matches that are broadcasted on Star Sports' channels. Similarly, other broadcasters such as Sony Pictures Networks and Ten Sports are also investing in developing similar platforms to gain a competitive edge in the market.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2018 to 2021.
• Base Year: 2021.
• Forecast Data until 2028.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• India Sports Analytics Market Outlook
• Market Size of India Sports Analytics Market, 2021
• Forecast of India Sports Analytics Market, 2028
• Historical Data and Forecast of India Sports Analytics Revenues & Volume for the Period 2018 - 2028
• India Sports Analytics Market Trend Evolution
• India Sports Analytics Market Drivers and Challenges
• India Sports Analytics Price Trends
• India Sports Analytics Porter's Five Forces
• India Sports Analytics Industry Life Cycle
• Historical Data and Forecast of India Sports Analytics Market Revenues & Volume By Deployment for the Period 2018 - 2028
• Historical Data and Forecast of India Sports Analytics Market Revenues & Volume By Cloud for the Period 2018 - 2028
• Historical Data and Forecast of India Sports Analytics Market Revenues & Volume By On Premises for the Period 2018 - 2028
• Historical Data and Forecast of India Sports Analytics Market Revenues & Volume By End User for the Period 2018 - 2028
• Historical Data and Forecast of India Sports Analytics Market Revenues & Volume By Residential for the Period 2018 - 2028
• Historical Data and Forecast of India Sports Analytics Market Revenues & Volume By Commercial for the Period 2018 - 2028
• India Sports Analytics Import Export Trade Statistics
• Market Opportunity Assessment By Deployment
• Market Opportunity Assessment By End User
• India Sports Analytics Top Companies Market Share
• India Sports Analytics Competitive Benchmarking By Technical and Operational Parameters
• India Sports Analytics Company Profiles
• India Sports Analytics Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Development

• Cloud
• On Premises

By End User

• Residential
• Commercial