South Korea Sports Analytics Market Size & Outlook
South Korea sports analytics market, 2018-2030 (US$M)
Related Markets
South Korea sports analytics market highlights
- The South Korea sports analytics market generated a revenue of USD 33.4 million in 2023 and is expected to reach USD 227.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 31.6% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Sports analytics market data book summary
| Market revenue in 2023 | USD 33.4 million |
| Market revenue in 2030 | USD 227.6 million |
| Growth rate | 31.6% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Catapult Group International Ltd, ChyronHego, deltatre, Genius Sports Ltd, International Business Machines Corp, Oracle Corp, SAP SE, SAS, Sportradar Group AG Class A, Stats Perform, Agile Sports Analytics, Experfy |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.9% of the global sports analytics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China sports analytics market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 330.7 million by 2030.
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Sports Analytics Market Scope
Sports Analytics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea sports analytics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sports analytics market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 59.28% in 2023. Horizon Databook has segmented the South Korea sports analytics market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Social issues such as rapidly rising medical costs, increasing obesity, and a shrinking workforce are encouraging citizens in the country to engage in sporting events and activities to improve and maintain public health. In addition, the country actively hosts sporting events and features several national policies that encourage citizens participation in sports activities.
For instance, the country has hosted the World Championship in Athletics, the World Cup, and the Summer and Winter Olympics, the top four sporting events in the world. The government's growing focus on boosting the sports industry and the active participation of citizens in sports activities is encouraging the demand for sports analytics solutions and services in South Korea.
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Target buyers of South Korea sports analytics market databook
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Our clientele includes a mix of sports analytics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea sports analytics market , including forecasts for subscribers. This country databook contains high-level insights into South Korea sports analytics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea sports analytics market size, by component, 2018-2030 (US$M)
South Korea Sports Analytics Market Outlook Share, 2023 & 2030 (US$M)
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