Overview of the global cricket analysis software market

Market research analysts at Technavio predict that the global cricket analysis software market will grow steadily at a CAGR of over 8% by 2021. This market research analysis identifies the increased investments in cricket infrastructure as one of the primary growth factors for this market. The large-scale investments made for the cricket infrastructure across the globe are likely to stimulate the IT investments for stadiums, sports associations, clubs, and leagues. Additionally, the major investments in cricket in regions across the world also increases the demand for cricket analysis software during the forecast period. For instance, LARSEN & TOUBRO has begun work to make Sardar Patel Cricket Stadium in Ahmedabad, India as the biggest cricket stadium in the world in terms of seating capacity, surpassing Melbourne stadium with a capacity of nearly 100,000 people.

Data plays a significant role in deciding the gameplay for teams and players, insights performance and data aid competitors to realize their full potential. It also helps coaches and players make more informed decisions include selecting the best players for fielding, batting, and bowling. Additionally, analytics in cricket analysis software is helping organizers and venue owners to optimize event experiences. The increase in need for data collection is one of the latest trends that will gain traction in the cricket analysis software market in the coming years.

Competitive landscape and key vendors

The cricket analysis software market is highly competitive because of the presence of many vendors. This market is characterized by the presence of diversified international and regional vendors. Vendors with better technical and financial resources can develop products with improved features such as mobile applications that provide financial insights. The competition among the vendors is expected to intensify during the forecast period due to the expansion in the products and services portfolios and technological innovations.

The leading vendors in the market are -

• Cricket-21
• IBM
• SAP
• Sportingmindz Technology
• SPORTSMECHANICS

The other prominent vendors in the market include Agaram InfoTech, Eagle Eye Digital Video, Fair Play, Hawk-Eye Innovations, Nacsport, Oracle, miSport, Red Axe, and VcamCricket.

Segmentation by end-user and analysis of the cricket analysis software market

• Sports associations
• Coaching institutes

During 2016, the sports associations segment accounted for the major shares of the cricket analysis software market. With the presence of cricket boards such as ICC and BCCI, major and minor leagues, cricket associations, individual players, tournaments, and clubs, the need to be organized in terms of updating and uploading online details is essential. This increases the demand for cricket analysis software in this sector since it is easy to use, allows the input of team information, streamlines registration, adds and drops players, and schedules an entire season in less time.                     

Geographical segmentation and analysis of the cricket analysis software market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the market by 2021. APAC is dominating the cricket analysis software market mainly due to the dominance of cricket in countries such as India, Australia, Sri Lanka, and New Zealand. Additionally, the presence of many premier leagues in this region such as Indian Premier League, ACC Premier League, Tamil Nadu Premier League, and Sri Lanka Premier League will also drive the cricket analysis software market in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global cricket analysis software market?
• What are the key market trends impacting the growth of the global cricket analysis software market?
• What are the challenges to market growth?
• Who are the key vendors in the global cricket analysis software market?
• What are the market opportunities and threats faced by the vendors in the global cricket analysis software market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global cricket analysis software market?

Technavio also offers customization on reports based on specific client requirement.

Technavio’s reports for the ICT industry covers a wide range of product markets including enterprise application, cloud computing, and IT professional services. Further to providing information on a wide range of parameters including the shift in customer preferences, Technavio’s reports also present a competitive analysis of the prominent vendors, their gamut of products and services, and a detailed study of the demand-supply shifts in the corresponding markets.

By following a triangulated approach of primary and secondary research techniques and considering various factors including the market size and the demand for different products across various geographical regions, research analysts at Technavio identify the ICT industry’s growth prospects to help clients draw efficient growth strategies. By analyzing parameters such as the products and services offered by major competitors and the implementation of appropriate analytical tools, our upcoming market research report on global cricket analysis software market for the forecast range of 2017 to 2021 offers holistic insights derived from the data collected at reliable points of market intelligence such as manufacturers, channel partners, and decision makers.

This upcoming report on global cricket analysis software market also considers the growth of related markets such as output management software and event management software, which are expected to grow at a CAGR of almost 3% and about 10%, respectively during the period 2017 to 2021. According to our industry experts, the rising demand for the availability of real-time data and analytics will aid the ICT market’s growth in the next few years. To help clients bolster their market positions, Technavio also provides customized reports based on the specifications of a pool of clients.

The upcoming industry research report for global cricket analysis software market also identifies the major drivers, key trends, as well as the challenges currently faced by vendors in the enterprise application sector. Also, Technavio’s reports present insights into the markets of automatic identification system, data center, and IT security.