Generative Artificial Intelligence (AI) in Sports Market Size

Generative Artificial Intelligence (AI) in Sports Market Size

The Generative Artificial Intelligence (AI) in Sports Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Generative Artificial Intelligence (AI) in Sports Market Size and Projected Growth Rate?

There has been a significant surge in the size of the generative artificial intelligence (AI) in sports market in the past few years. The market is set to expand from $0.22 billion in 2024 to $0.28 billion in 2025, following a compound annual growth rate (CAGR) of 30.5%. The impressive growth recorded in the historic period can be linked to factors such as the enlargement of data centers, the emergence of cloud gaming services, the development of autonomous vehicles and advanced driver assistance systems (ADAS), the increase of edge computing and IoT, as well as the rise of blockchain and cryptocurrency.

The sports market for generative artificial intelligence (AI) is anticipated to observe a massive surge in the coming years, reaching $0.73 billion in 2029 with a compound annual growth rate (CAGR) of 26.6%. The projected growth during the forecast period is as a result of, improvements in computer vision, personalised training sessions, real-time decision making support, enhanced fan experiences, and worldwide sporting events. Some key trends to look out for during the forecast period are the merging with novel technologies, advancements in wearable technology, sponsorship and revenue opportunities, injury prevention and rehabilitation, and the incorporation of wearable technology.

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What Are the Major Segments in the Generative Artificial Intelligence (AI) in Sports Market?

The generative artificial intelligence (AI) in sports market covered in this report is segmented –

1) By Sports Type: Football, Tennis, Cricket, Basketball, Hockey, Golf, Other Sports

2) By Deployment: On-Premises, Cloud-Based

3) By Application: Performance Analysis, Game Strategies, Sports Equipment Design, Other Applications

Subsegments:

1) By Football: Player Performance Analysis, Match Strategy Optimization

2) By Tennis: Player Training Simulations, Match Prediction Models

3) By Cricket: Game Analysis Tools, Player Statistics And Insights

4) By Basketball: Shot Selection Analysis, Injury Prediction Models

5) By Hockey: Player Performance Tracking, Game Strategy Development

6) By Golf: Swing Analysis Tools, Course Management Simulations

7) By Other Sports: Multi-Sport Analytics Platforms, Custom Ai Applications For Niche Sports

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What Are The Driving Generative Artificial Intelligence (AI) in Sports Market Evolution?

The rise in sports-related injuries is anticipated to fuel the expansion of generative artificial intelligence (AI) in the sports industry. These injuries, which could occur during sports, exercise, or other athletic activities, may be avoided by generative AI by creating realistic training simulations. This allows athletes to learn the correct techniques and spot potential hazards in a secure, managed setting. For example, the National Safety Council, a US nonprofit dedicated to health and safety, reported that sports and recreational injuries saw an 11% increase in 2022 from 3,231,885 in 2021 to 3,631,970. Hence, it is this increasing rate of sports injuries that propels the development of generative AI in competitive sports.

Which Firms Dominate The Generative Artificial Intelligence (AI) in Sports Market Segments?

Major companies operating in the generative artificial intelligence (AI) in sports market report are Google LLC, Amazon Web Services (AWS), Intel Corporation, International Business Machines Corporation, NVIDIA Corporation, Baidu Inc., Zebra Technologies Corporation, Stats Perform Group LLC, Tempus Ex, GumGum Inc., Noah Basketball LLC, Catapult Sports, Genius Sports, PlaySight Interactive Ltd., ChyronHego Corporation, Whistle Sports Inc., Sportlogiq Inc., SportsMEDIA Technology, Hawk-Eye Innovations Ltd., Opendorse, Inc., Spiideo AB, Beyond Sports, ShotTracker, Kinduct Technologies Inc., MVP Interactive, Inc., Perform Group Ltd., Second Spectrum Inc., PlayGineering Systems

What Trends Are Expected to Dominate the Generative Artificial Intelligence (AI) in Sports Market in the Next 5 Years?

Key players in the generative artificial intelligence (AI) sports market are leveraging strategic partnerships to launch digital products and services, in a bid to gain a competitive advantage. Strategic partnerships are formal or informal alliances, where two or more entities cooperate to achieve common objectives, while still retaining their autonomy. For example, in August 2023, Globant, an American software development firm, and LaLiga Tech, a Spanish corporation offering digital solutions to the sports and entertainment sector, joined forces with Microsoft to develop an array of AI services for sports technology. The goal of this alliance was to fuse the expertise from the sports domain with the IT industry, capitalizing on emergent technologies like AI and blockchain. The partnership seeks to enrich available sports data and improve the experience for an audience spanning millions across the globe. Microsoft, a multinational technology corporation based in the US, offers generative AI platforms to a multitude of industries.

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Which Is The Largest Region In The Generative Artificial Intelligence (AI) in Sports Market?

North America was the largest region in the generative artificial intelligence (AI) in sports market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the generative artificial intelligence (AI) in sports market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:

1. What Is the Market Size and Growth Rate of the Generative Artificial Intelligence (AI) in Sports Market?

2. What is the CAGR expected in the Generative Artificial Intelligence (AI) in Sports Market?

3. What Are the Key Innovations Transforming the Generative Artificial Intelligence (AI) in Sports Industry?

4. Which Region Is Leading the Generative Artificial Intelligence (AI) in Sports Market?

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