Research Methodology – AI in Sports Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the AI in Sports Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the AI in Sports Market is developed by integrating key market indicators and macroeconomic variables. These include:
1 Factors considered while calculating market size and share
- The total number of professional sports teams and organizations using AI
- Current investment in AI technologies in the sports industry
- The total number of Sports Tech companies that are using AI
- Revenue generated by AI-driven products and services in sports
- Market segmentation based on region and type of sports
- Number of AI-based startups in the sports industry
2 Key Market Indicators
- Annual growth rate of AI and sports tech companies
- Adoption rate of AI technology in sports
- The scale of investments made in AI technology by sports organizations, broadcasters, and betting companies
- Revenue growth resulting from AI product/service adoption
- Latest product innovations and launches in AI in sports
- Mergers and acquisitions related to AI in sports
3 Growth Trends
- Widespread adoption of AI for player performance analysis and injury prediction
- Increasing use of AI for fan engagement and personalized user experiences
- Growth in AI-driven sports analytics and prediction platforms
- Increased investment in AI for automated sports broadcasts and content generation
- Trend of virtual reality and augmented reality applications in sports
- Growth in the adoption of AI for scouting, player recruitment, and talent identification
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the AI in Sports Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the AI in Sports Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights