Sports Performance Tracking... next (R)evolution
April 30, 2019 /PRNewswire
Commentary by Raphael Feldman, SysGen
The global player tracking market is expected to grow from USD 2.1 billion in 2018 to USD 7.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 27.8% during the forecast period. The player tracking market is driven by various factors, such as growing demand for real-time data collection and analysis and availability of cost-effective and high-end computing solutions in the area of sports. However, lack of awareness of technology in sports and budget constraints among sports associations can hinder the growth of the market.
Optical solutions segment is expected to grow at the highest CAGR during the forecast period. However, there are now newer technologies in use to track player performance. These include, RTLS, Biometrics, Wearables, Hydration Sensors, and more. All of these technologies, collect massive amounts of Data each and every second, both during practice and during games. THIS data collection, is only part of the equation. Turning the Data into actionable, usable human information, via Software platforms, Algorithms, AI is where the true value of this Big Data comes into play. THIS IS THE FUTURE OF Sports and eSports.
Optical solutions provide real-time live streaming in large areas, such as training field and stadium to monitor gameplay of all the players on the field/court of play.It helps in tracking player performance using HD cameras, software, and statistical algorithms in real-time.
Furthermore, it provides recorded videos to coaches and team management for post-match discussion to understand and device game strategy in preceding matches. It helps in monitoring some of the key features, such as speed, distance run, stamina, acceleration, and team formations through the optical player tracking solutions. Turning Video Data into actionable information takes a bit of time, and great advancements in reducing this needed time have come about in the past several years. I've had the invitation to walk through many Locker Rooms, & have had discussions with coaches and front offices and observe the stakeholder's struggle in locating and understanding the precise information that would help improve the players performances, team performances, & answer the many questions all the stakeholders have preparing for a game or a season.
The future of turning collected information into the actionable decision making, rests in the use of the most disruptive technology to come about in the past 10 years.....................VOICE / NLP + AI = Real-Time information flow to stakeholders.
To learn more contact Raphael Feldman @ SysGen