Market Trends of Sports Management Software Industry
This section covers the major market trends shaping the Sports Management Software Market according to our research experts:
Growing Inclination of Sports League Among Women
- The event management and scheduling software eliminates wasting time on administrative duties and provides coaches with team management tools to formulate tactics and build complex strategies.
- The market witnessed sports governing bodies and associations collaborating with software vendors and acquiring other companies to increase their presence. For instance, last year, ICM Stellar Sports boosted its US sports presence with the acquisition of NFL agency Select Sports Group.
- MonClubSportif, a cloud-based sports league management solution, is designed for sports teams and organizations, coaches, players, schools, and more. Key features of the solution include scheduling, game results tracking, availability management, automatic reminders, player information, and statistics.
- Sports events often involve huge revenue factors that do planning and managing events a complex task, thereby generating the need for the sports industry to organize the activities of sports clubs, leagues, and associations.
- Women have been more prevalent in the athletic world, and during the past 50 years, the gender gap in sports interest significantly shrunk. With the increasing interest in sports among women, many different leagues have started worldwide, contributing to the sports management market growth.
North America to Hold Largest Market Share
- North America is home to various sports such as Soccer, Rugby, Hockey, Basketball, and baseball, as well as sports leagues are among the significant factors driving the market.
- Youth sports organizations are also instrumental in embracing sports management software. Further, vendors in this region provide solutions across a wide range of sports. USA-based Visual ClubMate allows users to manage fields or courts of any sport, such as underwater hockey or chess boxing.
- For instance, Active Network Sports is helping league and club administrators such as Sammamish Rowing Associations, Clifton Park Youth Hockey Association, and Upper Makefield Basketball to automate and streamline their sports registrations for time-saving.