Uploaded on May 10, 2022
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Exciting Technological Trends to Witness in Sports Industry 2022 Edition
EXCITING TECHNOLOGICAL
TRENDS TO WITNESS IN
SPORTS INDUSTRY: 2022
EDITION
https://datasportsgroup.com/
The 2021 year paved the way for sports to get back on track and reassess things
after the pandemic shakeup in 2020. The whole industry needed some time to get
back to the progress level of the pre-pandemic world and technological advances
played a key role in transforming every aspect of the sport. The dependence on
technology has significantly increased over the period of time, it plays a big role in
recruitment strategy, athletes training methods and improving audiences
experience, and creating new revenue generation avenues. In this blog, we are
going to analyze the top five technological trends that are prevalent in the sports
industry now and their role in the future of the industry.
The Brave new world of Esports
The year 2022 is another good year for the Esports industry with unprecedented
growth in its path ahead. Esports have truly explained how digital transformation
is the next best thing for the sports industry and it has opened up new revenue
areas for an investor as well as created new audiences.
Currently, the industry is valued at $1.8 billion in revenue and has the potential to
scale up to $2.5 billion dollar revenue by the end of the year. Esports has been one
of the few entertainment ventures who have not been significantly affected by the
global pandemic which pushed many sports organizations into heavy losses, so
much so that they packed up certain operations. One of the most exciting trends
currently seen in the industry is the movement of offline sports and teams into
the online world by investments, for example, the Manchester City and Fortnite
Esports contract. With more awareness, revenues would surely soar ahead.
Interestingly, for the second time in history, the Asian Games 2022 will include
Esports as one of the medaled events and it is such an initiative that would help
Esports appeal to the mainstream audience.
Enhanced Fan Experience
With all the Esports hype, we have not forgotten the traditional sports this year.
Technology is always evolving to come up with ways to innovate
sports data solutions too. The 5 G-enabled stadiums are a positive step in
offering a more immersive experience to the live audience. Qatar 2022 Football
World Cup has partnered with Ericsson and Ooredoo to ensure that continuous
connectivity is there in stadiums, airports, and other places of fan interactions
with the power of social networking services they could even engage with the
digital audience to offer an unforgettable experience.
Artificial Intelligence (AI)
The development in the field of Artificial Intelligence has truly been a blessing for
the sports industry, for those of you who do not know was AI is, it is a
technological advancement wherein a humans’ ability to think, sense, and react is
mimicked by a machine.
The AI-based systems are already prevalent across all major sports disciplines
with the most popular ones being sensors, wearables, and computer vision-
enabled cameras which uses AI to offer forecast models which are used to make
decisions. With AI, athletes could now live stream or upload their match and even
their training session and AI algorithms could then be powered to come up with a
real-time or post-match performance analysis complete with speeds, techniques
and even plotting graphs. This would help in developing a futuristic training
program that could arm athletes with analytics and improve their performance in
the long run.
Evolving Media platforms
Sports communication over time has completely evolved where once humans
took hours to observe the match upload content and publish it, with AI-powered
tools all of that is done intelligently and more efficiently to offer frequent
publications with fewer resources.
The channel of consuming sports data has also seen development with the social
networks and digital channels making up for loin’s share of media consumption,
56% of fans ask for more interactive content which would be engaging and even
create new audiences. Generation Z who has adopted a mobile-first approach in
life would soon force companies to adopt an all-digital approach at the center of
their strategy to survive. With more dependence on OTT and growth in streaming
platform providers, fans have changed the way the sports business operated in
the past. Now with sports widgets for websites companies can offer sports data
in an attractive format across the platform to engage with customers.
Job Market
The theatrical shake-up that was handed to the sports industry after the
pandemic affected the industry’s job market as well. Not just from the perspective
of the structure but also the culture within the organization as well as the
services/products they deliver.
With the job market, a lot of new opportunities were up for grabs for good
candidates and the unprecedented path that Covid-19 left behind forced the
organizations to restructure their teams and force teams to learn new skill sets,
and evolve in the post covid era where technology and talent were leading the
way.
Technology has uncovered future opportunities in the sports industry in the past
and continues to bring innovation in the field while brands, organizations, and
clubs become more tech-reliant nowadays to continue to innovate and add better
ways to entertain fans. The backbone of any technical innovation within the
sports industry is sports data thus creating the need for professional sports data
providers who can give you access to sports data feed with specific sports data
APIs. Data Sports Group is a well-known name in the community and has
participated in the technical advancement of the industry by providing the one
thing technology would be useless without, sports data.
CONTACT US
Emai [email protected]
Phone - +1 (704) 964-6859
Address - 2600 Kinmere Dr
City – Gastonia
State - North Carolina
PIN – 28056
Country - USA
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