The article cited AMA's "Global Artificial Intelligence in Sports Market Study" explored substantial growth of %. According to the report, Technological Advancements in Artificial Intelligence is one of the primary growth factors for the market. Increased Adoption of Artificial Intelligence in Sports
is also expected to contribute significantly to the Artificial Intelligence in Sports market. Overall, AI in Sports Recruitment
applications of Artificial Intelligence in Sports, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Sport Type, such as Baseball, is boosting the Artificial Intelligence in Sports market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Artificial Intelligence in Sports market identified that the demand is rising in many different parts of the world as "Growing Need for Sports Operations Improvement
". Furthermore, some recent industry insights like "In April 2023, Quhuo Limited, a leading gig economy platform focused on local life services in China, will partner with Baidu to gain access to its recently unveiled ERNIE Bot, a next-generation large-scale language model (LLM). Quhuo had full access to the vast capabilities of the ERNIE Bot, which can interpret human language and provide accurate, logical, and fluent responses almost on par with humans. This strategic collaboration represents Quhuo's commitment to continue to innovate based on existing technology solutions while leveraging cutting-edge AI technologies that can power multiple business scenarios, including front, middle, and back office functions." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Artificial Intelligence in Sports market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Artificial Intelligence in Sports market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Artificial Intelligence in Sports market size is calculated using market estimation process, the Artificial Intelligence in Sports market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Artificial Intelligence in Sports market size has been validated using both top-down and bottom-up approaches.