Market Size of Sports Management Software Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 9.15 Billion |
| Market Size (2029) | USD 15.75 Billion |
| CAGR (2024 - 2029) | 11.46 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Sports Management Software Market Analysis
The Sports Management Software Market size is estimated at USD 9.15 billion in 2024, and is expected to reach USD 15.75 billion by 2029, growing at a CAGR of 11.46% during the forecast period (2024-2029).
With the global sports industry often growing faster than many countries' national GDP, the need to run clubs and associations as organized businesses with the following levels of management is one of the major factors driving the demand for the global sports management software market.
- In sports management programs, software and services are emerging as significant factors for the Sports manager and are becoming essential factors on which clubs and businesses leverage competitive advantage.
- Applications such as team and training management, match-performance analysis, game scheduling, online registrations, competition management, etc., are mainly boosting the adoption.
- For instance, in November last year, the Global sports, music, and entertainment agency Wasserman acquired BSE Media Group. This acquisition continues Wasserman's efforts to expand its sport and service offerings in the last year, following the acquisition of leading baseball agency Jet Sports Management in July.
- The COVID -19 pandemic outbreak disrupted sports as a whole, and fans' ability to experience live sporting events was heavily impacted. Simultaneously, the pandemic stimulated the demand for engaging technologies underpinned by a scalable hybrid cloud. But the market is expected to see an upsurge in the future with a kink in the long run.
