Exploring the Growth of Artificial Intelligence in Sports: Predictive Analytics and IoT
Tuesday, 23 July 2024, 02:08
Overview of the Artificial Intelligence in Sports Market
The global Artificial Intelligence in Sports Market, valued at USD 2.38 billion in 2022, exhibits a positive growth trajectory.
Market Expansion
- The market is anticipated to expand at a CAGR of 29.9%.
- By 2030, it is projected to reach a value of USD 18.37 billion.
Key Drivers
Major contributors to this growth include innovations in wearable technology, alongside the utilization of predictive analytics and IoT systems that enhance athlete performance.
Conclusion
The increasing adoption of technology in sports signifies a transformative shift towards more data-driven strategies, emphasizing the importance of artificial intelligence in modern athletic ecosystems.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.