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Cricket analysis software market to grow at 8.44% CAGR by 2021 according to market forecasts

IT Market Research

The following companies as the key players in the global cricket analysis software market: Cricket-21, IBM, SAP, Sportingmindz Technology, and SPORTSMECHANICS. Other prominent vendors in the market are: Agaram InfoTech, Eagle Eye Digital Video, Fair Play, Hawk-Eye Innovations, Nacsport, Oracle, miSport, Red Axe, and VcamCricket.

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Complete report on the Cricket Analysis Software Market Research Report spread across 64 pages, profiling 14 companies and supported with 26 lists of exhibits is now available…aspx?name=1062636 .

One trend in the market is growing use of cricket analysis software in IPL.

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IPL is a major Twenty20 cricket league in India and has a high brand value.

It is one of the major cricket leagues, which utilizes the analytics software. Analysts present in every IPL team study and analyze all the players in IPL before auction using the cricket analysis software including video analysis software.

The analysts forecast global cricket analysis software market to grow at a CAGR of 8.44% during the period 2017-2021.

According to the report, one driver in the market is increasing need to improve competitive responsiveness. To survive and thrive in a competitive environment, cricket analysis software vendors are adopting the new customer-centric pricing strategies enabled by technological advances.

A large number of vendors use value-based pricing models which are dependent on customer demand and value perception. Software price is based on the vendor’s ability to offer differentiating value for the customer.

Further, the report states that one challenge in the market is threat from open-source and free cricket analysis software. Open-source free cricket analysis software is posing a serious threat to the cricket analysis software market.

It can be downloaded and run on all platforms and are becoming increasingly popular in developing economies such as Zimbabwe and Kenya. Most of the small-scale cricket associations in these economies cannot afford to invest in expensive on-premises and cloud-based cricket analysis software.

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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Cricket analysis software include software that identifies patterns, team performance analysis, fielding solutions, opposition analysis, and umpire performance analysis, establishes relationships, gathers and analyzes information, and predicts outcomes based on cricket data and statistics input. Cricket analysis software is highly useful for modern cricket matches such as Twenty20 and premier leagues.

These matches are fast paced and the strategies are to be changed often.

This report covers the present scenario and the growth prospects of the global cricket analysis software market for 2017-2021. To calculate the market size, the report considers new installations and sales of cricket analysis software market.

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?           

What are the key market trends?

What is driving this market?                                    

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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