How Technology Helps Overcome Challenges in the Sporting Industry

Media Entertainment Tech Outlook | Tuesday, February 09, 2021

Numerous teams are discovering how to play smarter, not harder. Adopting technology such as artificial intelligence and blockchain can assist progress in how players and the industry operate and perform

FREMONT, CA: In a world where technology advances at a breakneck pace, it's perplexing that many industries continue to rely on antiquated technologies. For decades, sports technology has mostly focused on physiological testing advancements such as GPS tracking, health parameter monitoring, video analysis, and analytics. There is rising suspicion—heightened even further by the epidemic—that the sports business is on the approach of seeing a new wave of innovative technology innovations.

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Making Use of Real-Time Data: The world of sports has been transformed by data analytics and on-field data tracking. For several years, the coaching staffs of professional NFL and NBA teams have used modern technologies to record real-time data during training sessions to improve player performance. Indeed, the worldwide sports analytics market was worth $885 million in 2020 and is expected to rise at a compound annual growth rate of 21.3 percent between 2021 and 2028.

Additionally, several clubs have begun utilizing real-time statistics throughout games. Players wear sensors to monitor their heart rate, distance traveled, and reaction times. It is feasible for players to avoid injuries during games by utilizing the information acquired, and the same data can subsequently be utilized to provide insights for coaches to help them better future training sessions or live games.

Extending the Use of Wearable Technology: Wearable technology is gaining traction among athletic teams, impacting coaching decisions, the way sports are played, player health and safety, and overall player performance. These devices can be integrated into athletic apparel, worn on a player's body, or put directly into sports equipment.

Increasing Fan Interaction: In sports, supporters are critical to the industry's survival. Fan interaction has grown increasingly difficult over the last 18 months due to the Covid-19 global epidemic. Re-engaging fans in live sports is a primary aim for teams in all leagues. Before the epidemic, organizations focused on improving fan interaction experiences to entice fans to venture off the sofa and into the arena. From food delivery to the seat to creating specific games with awards, each live event offers something more than the game itself.

Today's fans are not limited to utilizing cutting-edge technology to enjoy sports. They're going above and beyond to recognize businesses that provide an exceptional technology-enabled experience. Modern technologies improve the fan experience, which increases engagement.

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