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NEW YORK, Feb. 2, 2022 /PRNewswire/ — The “Sports Software Market by End-user, Deployment, and Geography – Forecast and Analysis 2021-2025” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the sports software market between 2020 and 2025 is USD 5.71 billion. The report also identifies the market to witness an accelerating CAGR of 14.79%.
To get the exact yearly growth variance and the YOY growth rate, Talk to our analyst.
Key Market Dynamics:
- Market Driver
- Market Challenge
The increasing need to improve competitive responsiveness and growing demand for sports analytics are some of the key market drivers. However, factors such as data privacy and security concerns will challenge market growth.
To learn about additional key drivers, trends, and challenges available with Technavio. Read our FREE Sample Report!
The sports software market report is segmented by End-user (clubs, coaches, leagues, sports association, and others), Deployment (cloud-based and on-premises), and Geography (North America, EuropeAPAC, South Americaand MEA). The clubs segment held the largest sports software market share in 2020 and will continue to account for the largest share during the forecast period. In terms of deployment, the cloud-based segment will be the largest revenue-generating segment for this market. North America will be the leading region with 41% of the market’s growth during the forecast period. The US and Canada are the key markets for sports software market in North America. Growing demand for sports analytics will facilitate the sports software market growth in North America over the forecast period.
Full story available on Benzinga.com
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