Take Customer Care to the Next Level with New Ways ... Why This Is the Perfect Time to Launch a Tech Startup. The coming year will be less about measuring every aspect of a team or athlete's performance, and more about working to make the hordes of data collected actionable for the coaches that eventually put them into use. Teams and sporting bodies have worked to make their stadiums more connected, with all new major stadiums now being built with this in mind. More partnerships emerge between cutting edge sports betting companies - FansUnite, Draft Kings. Could the Growth of 5G Finally Trigger the Extinction of Analog Phones? Monetization of data is a topical discussion in many industries and sports are no different. There are so many opportunities for Virtual Reality.
And yet, the pace of change feels faster than ever, and the scale of change greater than ever. More markets around the world than ever before are receptive to the power of sports. Add a trend, customize your dashboard, or track topics. Stay on the cutting-edge with the help of the Trend Hunter community. Instead of evangelists eulogizing over the potential impact of data on sports teams, 2018 will be focused on the practical applications of that data and real-world examples for others to implement themselves.
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Sports analytics, as an industry, is no longer about 'innovative' coaching teams implementing breakthrough data usage techniques; rather it's about late adopters catching up and bleeding analytics into their own organizations. The hunger for wearables among consumers may continue to boom, but among sports professionals and sports analytics teams, it will be a case of measured quality over quantity. We are at a time of unprecedented commercial opportunity in global sports. STG has ranked the top five trends in sports and technology that have developed in 2018 and will continue to grow and be refined in 2019. The overwhelming majority of these devices are to remain wrist-worn, as has been the case this year, and there are some clear industry leaders cementing their positions - think Fitbit and Garmin. From enjoying courtside seats from your living room, to maximizing touches for 2nd string quarterbacks, VR opportunities continue to grow as the technology develops.
Look for the development of governance around this data in 2019 as controversies over ownership and viewership continue, and new monetization opportunities arise. As an industry, sports has been particularly receptive to developments in technology and analytics because, perhaps more so than in any other field, it is a business of marginal gains. It won’t be surprising to see Amazon make moves in 2019 as streaming rights continue to become a bigger player. We are at a time of unprecedented commercial opportunity in global sports. Meet the team trusted by hundreds of leading businesses worldwide. One thing we will almost certainly see in 2018 is the near disappearance of conversation around whether or not teams and organizations have 'bought into' analytics and data collection technology. The arrival of esports to the mainstream their digital savviness has driven further innovations within the traditional sports industry. Empower your team with the insights and frameworks they need to innovate better and faster. More markets around the world than ever before are receptive to the power of sports. Augmented Reality - Call the Shot - AR Game Sacramento Kings, Waze integration with Maple Leaf Sports Entertainment (https://mobilesyrup.com/2018/04/03/raptors-leafs-apps-update/), 3D on court/ice projection - Atlanta Hawks and Monumental Sports (Washington), Stadium Mapping to show the closest features like food, drinks and bathrooms, and how busy they are. Explore the world's #1 largest database of ideas and innovations, with over 400,000 inspiring examples. Registered in England and Wales, Company Registered Number 6982151, 57-61 Charterhouse St, London EC1M 6HA, 9 Ways E-commerce Stores Can Significantly Reduce Chargebacks, Why You Need MFT for Healthcare Cybersecurity. Just this one venue alone has the potential for crowds of 50,000 fans and revenues of over £3 million ($4.04 million). More than half of the viewers (55%) of the Twitter-streamed NFL games were under the age of 25, and broadcasters will continue to find opportunities to put the games in front of their intended audiences, wherever they may be. Some companies to keep an eye on: Visual tracking data and wearables to understand the game, using the data to dissect their strengths and weaknesses. Download. Discover why 750 brands rely on our AI-powered Trend Reports to get better, faster insights.
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No one will ever be able to say 2018 was a boring time period in our industry, that is for sure. When we first sat down to discuss the trends affecting the sports business in 2018, it was clear that the most significant of these had been with us for some years. Barriers to entry have never been lower. London soccer club Tottenham Hotspur announced this year that they would host live eSports matches at their new stadium, due to open for the 2018/19 season. Host a custom innovation conference in your city that will inform and inspire. After years of discussion about how best to get buy-in from everyone from the board to the athletes themselves, it's time to start talking about analytics in terms of being a fundamental rather than addition. Amazon Prime and Facebook Watch are also looking at getting into the live sports game. There is also a focus on functionality, convenience, and sustainability when it comes to the products and services that surround the purpose. Subscribe to our monthly newsletter to stay up to date! The arrival of esports to the mainstream their digital savviness has driven further innovations within the traditional sports industry. From ordering food to your seat to games with rewards, every live event has more to offer than just the sports game itself. Edit your profile, connect your social media accounts, and more.
With the element of change in mind, below are our top 10 sports events industry trends to look for in 2018. The revenue from eSports has grown sharply, from $130 million in 2012 to a predicted $465 million for this year, according to Newzoo. 1 Creating Owned Events – From award-winning E-sports in places like Tulsa, to “Boarder War” high school showdowns, to college football games at NASCAR tracks, … Without necessarily seeing any groundbreaking steps forward, 2017 has been a year of steady progress for sports technology and sports analytics. Amazon owns Twitch, the primary streaming platform for esports and now the NBA G League. Since data analytics began to make a widespread impact in sport, the focus has been on a team's ability to collect as much data as possible. Data collection is not slowing down. Get answers to common questions about Trend Hunter. Get in touch to learn more, ask a question or submit a tip. Or, at least, it has not benefited as much as most other industries. I'm guessing that years from now, our industry will look back on 2018 and say, “Man, what a year that was.” From the sexual abuse scandals to the oval office chiming in on NFL player conduct. Learn how the Trend Hunter harnesses the power of artificial intelligence. STG will continue to comment on the state of Sports and Esports technology in 2019. This reason, coupled with the excess of data already smothering analytics teams, should see teams limit the amount of hardware they use to a sensible number. It’s never been easier to reach millions—even billions—of fans. The problem with this rush for data acquisition is that teams have been swamped with a sea of largely unstructured, unconnected data, from which they are expected to draw insight. Enhance your innovation potential with a deeper understanding of your unique innovation archetype and how your organization benchmarks. Catch up on noteworthy Trend Hunter news and media mentions. According to Statista, the number of consumer wearables shipped in 2015 was 45.7 million, a number expected to rise to 126.1 million by 2019. Even IBM has entered the game. Find opportunities to accelerate your career with the #1 Trend Firm.