Delray Beach, FL, Dec. 18, 2024 – The global AI in Sports Market is set to increase from USD 1.03 billion in 2024 to USD 2.61 billion by 2030, reflecting a compound annual growth rate (CAGR) of 16.7%. This growth is attributed to the adoption of advanced technologies such as Machine Learning (ML), the Internet of Things (IoT), and Predictive Analytics.
Organizations are leveraging AI to improve decision-making and operational efficiency, with applications including player data analysis for training schedules and injury risk reduction. Real-time analytics enable coaches and players to adjust strategies during games, enhancing performance.
AI also transforms fan experiences by optimizing content delivery, ticketing systems, and crowd management. The Fan Engagement and Experience segment is projected to dominate the market, driven by the demand for personalized and interactive experiences.
North America is expected to hold the largest market share during the forecast period, supported by major sports leagues investing heavily in AI solutions for performance analytics and fan engagement. Companies like IBM and Microsoft are collaborating with sports organizations to develop tailored AI applications.