ASIA-PACIFIC SPORTS ANALYTICS MARKET 2019-2027
A Triton Market Research report has forecasted the sports analytics market in the Asia-Pacific region to depict growth in revenue and expand at a CAGR of 23.45% during the estimated period 2019-2027.
The countries studied in the Asia-Pacific sports analytics market are:
• South Korea
• China
• ASEAN countries
• Japan
• India
• Australia & New Zealand
• Rest of APAC countries
Asia-Pacific is considered to be one of the high-potential markets for sports analytics due to the strong inclination of people towards sports. The increase in the investments made in different sports and sports technology by several sports organizations and public & private companies are the main drivers for the market growth in this region. The rise in the number of sports leagues held in countries like China and India, where the adoption of sports technology is high, is expected to instigate the market growth further.
While China was traditionally known for martial arts, at present, various other sports like football and basketball are prevalent in the country. ‘National Games,’ a national sports event, similar to the Olympic Games, is held in the country every four years. Besides, it also holds local sports events like the Chinese Super League and the Chinese Basketball Association. It is reported that, in 2017, approximately 23766 spectators were present the Chinese Super League games. Moreover, the country is planning to build particular towns to be dedicated as hubs for sports training and excellence.
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