TechDogs-"North America Artificial Intelligence in Sports Market 2021-2022 & 2027: Analysis by Component, Game Type, Application, Deployment Model & Technology - ResearchAndMarkets.com"

Market Research

North America Artificial Intelligence in Sports Market 2021-2022 & 2027: Analysis by Component, Game Type, Application, Deployment Model & Technology - ResearchAndMarkets.com

By Business Wire

Business Wire
Overall Rating


DUBLIN--(BUSINESS WIRE)--The "North America Artificial Intelligence in Sports Market Size, Share & Industry Trends Analysis Report By Component, By Game Type, By Application, By Deployment model, By Technology, By Country and Growth Forecast, 2021-2027" report has been added to ResearchAndMarkets.com's offering.

The North America Artificial Intelligence in Sports Market is expected to witness market growth of 29.0% CAGR during the forecast period (2021 2027).

The US market dominated the North America Artificial Intelligence in Sports Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $1,873.3 million by 2027. The Canada market is estimated to witness a CAGR of 31.9% during (2021 - 2027). Additionally, The Mexico market is expected to showcase a CAGR of 30.7% during (2021 - 2027).

In sports, success is always determined by one's ability to perform. Moreover, how companies might utilize AI to judge individual player performances is one of the most important ways AI is altering the sports sector.

With the help of AI integrated systems, Coaches and analysts can assess a player's strengths and weaknesses, as well as track their progress over time. In addition, they may also utilise metrics to compare player statistics and find flaws in your play execution. Artificial intelligence can provide one side an advantage over another on defense by identifying trends in strategies and devising precise counter-measures.

An AI-powered virtual reality platform provides a realistic experience in a virtual setting that is comparable to watching the game live. Moreover, as 5G becomes more prevalent, such experiences will become more engaging, transforming the sports sector.

The domestic league system in the North American region is one of the most active in the globe. There is a large social and economic investment in sports at the university and league levels. The United States is one of the world's most successful sporting nations. According to Stanford University, the four major professional sports in the United States account for 0.1 percent of all economic activity in the country.

Furthermore, most American leagues and teams are sponsored by corporations, and the region has the world's most highly skilled workforce, assisting the rise of Artificial Intelligence in Sports. The revenue of sports teams and clubs in the United States is predicted to exceed USD 35 billion by the end of 2020, according to the US Census Bureau.

Additionally, firms like as Argo Ai and Ford have been working with NASCAR to increase safety in the high-risk sport of auto racing. Deep learning is being used to assist in enhancing safety measures.

Key companies profiled in the report include

  • Catapult Group International Ltd.
  • Facebook (Meta Platforms, Inc.)
  • IBM Corporation
  • Microsoft Corporation
  • com, Inc.
  • SAP SE
  • SAS Institute, Inc.
  • Sportradar AG
  • Stats Perform
  • Trumedia Networks

Scope of the Study

By Component

  • Software
  • Services

By Game Type

  • Football
  • Cricket
  • Basketball
  • Tennis
  • Baseball
  • Others

By Application

  • Game Planning
  • Game Strategies
  • Performance Improvement
  • Injury Prevention Sports Recruitment
  • Others

By Deployment Model

  • On-premise
  • Cloud

By Technology

  • Machine Learning
  • Computer Vision
  • Data Analytics
  • Natural Language Processing
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

For more information about this report visit https://www.researchandmarkets.com/r/u1b2q1


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Liked what you read? Head to the TechDogs homepage to find the latest tech content infused with drama and entertainment. We've got ArticlesWhite PapersCase StudiesReportsVideos and Events that help you Know Your World of Technology.

First published on Wed, Jul 20, 2022

Enjoyed what you've read so far? Great news - there's more to explore!

Stay up to date with the latest news, a vast collection of tech articles including introductory guides, product reviews, trends and more, thought-provoking interviews, hottest AI blogs and entertaining tech memes.

Plus, get access to branded insights such as informative white papers, intriguing case studies, in-depth reports, enlightening videos and exciting events and webinars from industry-leading global brands.

Dive into TechDogs' treasure trove today and Know Your World of technology!

Disclaimer - Reference to any specific product, software or entity does not constitute an endorsement or recommendation by TechDogs nor should any data or content published be relied upon. The views expressed by TechDogs’ members and guests are their own and their appearance on our site does not imply an endorsement of them or any entity they represent. Views and opinions expressed by TechDogs’ Authors are those of the Authors and do not necessarily reflect the view of TechDogs or any of its officials. All information / content found on TechDogs’ site may not necessarily be reviewed by individuals with the expertise to validate its completeness, accuracy and reliability.

Tags:

ResearchAndMarkets Artificial Intelligence Sports Market NASCAR

Join The Discussion

- Promoted By TechDogs -

The Business Value Of Migrating And Modernizing To Microsoft Azure