Sports Software Market Growing at a CAGR of 13.43% During 2017 to 2021 Says a New Report at ReportsnReports.com
PUNE, India, April 4, 2017 /PRNewswire/ --
The global sports software market analyst says one trend in market is emergence of analytics in sports software. Sports teams have data about the player statistics, media contracts, ticket sales, and licensing deals. Professionals and fans find it important to have a quick insight of these data. Analysis must be agile and must be able to connect to diverse data sources to meet the demand for ad-hoc sports analytics.
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The usage of player-tracking systems enabled individual players to move through every phase of the game and find ways to improve their performance. Data can also aid coaches and players make more-informed decisions that could even decide the outcome of a game. Coaches can select the top players, field the most effective teams, and make smarter decisions on the field or court. Insights into performance and data aid competitors to realize their full potential. Analytics in sports software help organizers and venue owners to optimize event experiences.
The following companies are the key players in the global sports software market: Daktronics, IBM, SAP, and Vista Equity Partners. Other prominent vendors in the market are: Blue Star Sports, EDGE10, Jonas Club Software, Sportlyzer, Sports Insight Technologies, Sports Manager, Sport:80, SportEasy SAS, F3M Information Systems, and TeamSnap. Order a copy of Global Sports Software Market 2017-2021 research report at http://www.reportsnreports.com/purchase.aspx?name=929210.
According to the sports software market report, one driver in market is increasing need to improve competitive responsiveness. To survive and thrive in a competitive environment, the sports software vendors are adopting new customer-centric pricing strategies enabled by technological advances. A growing number of sports software vendors are adopting value-based pricing models that focus on customer demand and value perception. Software pricing and delivery are based on the software vendor's ability to offer differentiating value for the customers.
Economic and market factors including the focus on ROI, constrained IT budgets, and customer's choice for free models, such as open-source, contribute to the adoption of the sports software. Software prices are under pressure from constrained IT budgets and customer's perception that software is overpriced. Thus, vendors in the sports software market are revaluating their sports software pricing and delivery models to accommodate changing customer pricing preferences and budgets. Thus, vendors are offering different models, including term licensing, SaaS, and commercial open-source models according to customer requirements and changing demands.
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