According to the latest report by IMARC Group, titled “Sports Management Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the global sports management software market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global sports management software market size reached US$ 7.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 16.8 Billion on by 2028, exhibiting a growth rate (CAGR) of 14.8% during 2023-2028.
What is Sports Management Software?
Sports management software represent specialized all-in-one platforms that integrate and execute several administrative and engagement tasks associated with leagues, game organizations, and tournaments. They can be operated through various consumer electronic devices, such as laptops, androids, computers, and tablets, for free or on a subscription basis.
Sports management software provide informative updates regarding events, teams, rules, or tips, enable individuals to perform online registration and make payments, acquire financial reports, and allow users to communicate with players. In addition, the platforms assist with competition management, game schedules, match performance analysis, event or facility administration, marketing, and tracking real-time game stats. As a result, sports management software find widespread applications in clubs, leagues, sports associations, and tournaments to integrate several occasion aspects, create schedules, and promote the smooth functioning of the general event.
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Market Trends
The emerging trend of digitalization, the increasing number of national and international tournaments across the globe, and the escalating need for various cloud-based solutions to bolster spectator engagement are among the primary factors driving the sports management software market.
Besides this, the elevating product demand across local stadiums, clubs, and games facilities to optimize settings for renewals, provide match predictions, organize event schedules, and effectively communicate through automatic alerts, newsletters, and invoices is further augmenting the market growth. Moreover, the launch of several policies by the government bodies to improve sports infrastructure by collaborating with software vendors is also catalyzing the global market. Apart from this, the introduction of administration dashboards to plan and manage various complex tasks and the integration of machine learning (ML) and artificial intelligence (AI) are expected to bolster the sports management software market in the coming years.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Active Network LLC (Global Payments Inc.), Jersey Watch, Jonas Club Software., LeagueApps, Omnify Inc., SAP SE, Sportlyzer LLC, SportsEngine Inc, SquadFusion Inc., Stack Sports and TeamSideline.com.
| Sports Management Software Market Report Scope | |
| Report Coverage | Details |
| Market size value in 2022 | US$ 7.1 Billion |
| Market forecast in 2028 | US$ 16.8 Billion |
| Growth Rate | CAGR of 14.8% from 2022 to 2027 |
| Base year for estimation | 2021 |
| Historical data | 2017-2022 |
| Forecast period | 2023-2028 |
| Report coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends |
| Segments covered | Offering, Deployment, Pricing Model, Application And End User |
| Regional scope | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Key companies profiled | Active Network LLC (Global Payments Inc.), Jersey Watch, Jonas Club Software., LeagueApps, Omnify Inc., SAP SE, Sportlyzer LLC, SportsEngine Inc, SquadFusion Inc., Stack Sports and TeamSideline.com. |
| Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Offering:
- Solution
- Services
Breakup by Deployment:
- On-premises
- Cloud
Breakup by Pricing Model:
- Free
- Subscription
Breakup by Application:
- Team Management
- Event Management and Scheduling
- Training Management
- Marketing Management
- Player Fitness
- Performance Insight
- Payment Solution
- Others
Breakup by End User:
- Clubs
- Leagues
- Sports Association
- Others
Regional Insights:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.
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