Key Insights
The Artificial Intelligence (AI) in Sports market is experiencing explosive growth, projected to reach a market size of $5.93 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) exceeding 28.69% from 2025 to 2033. This surge is driven by several key factors. Firstly, the increasing availability of data from various sources—wearable sensors on athletes, game footage analysis, and social media sentiment—provides rich input for AI algorithms. Secondly, advancements in AI technologies, particularly in machine learning and computer vision, are enabling more sophisticated applications, from optimizing player performance and injury prevention to enhancing fan engagement through personalized experiences. Thirdly, the competitive nature of professional sports fuels the demand for any edge that can be gained through data-driven insights, prompting significant investments in AI solutions. The market segments, encompassing player analysis, fan engagement, data interpretation and analysis, and other applications, across both on-premises and cloud deployment models, all contribute to this robust expansion. Leading technology companies like SAS, Salesforce (Tableau), IBM, and specialized sports analytics firms like Opta and Sportsradar are actively shaping this landscape, fueling innovation and driving market penetration.
The market's geographical distribution reflects the maturity of the sports industry and technological infrastructure in different regions. While North America currently holds a significant market share due to the established professional sports leagues and technological advancements, the Asia-Pacific region is expected to witness the fastest growth in the coming years, fueled by the rising popularity of sports and increasing investment in technology. Europe continues to be a substantial market, with major leagues and strong technological capabilities. The continued development of AI algorithms, the expansion of data collection capabilities, and the increasing adoption of cloud-based solutions will all contribute to further market growth in the coming years. The market's future is bright, with significant opportunities for innovative companies to develop and deploy advanced AI solutions across diverse sports applications.

Unlock the Power of AI in Sports: A Comprehensive Market Report (2019-2033)
This in-depth report provides a comprehensive analysis of the Artificial Intelligence (AI) in Sports Industry market, projecting a market value exceeding $XX Million by 2033. Benefit from actionable insights and forecasts spanning the historical period (2019-2024), base year (2025), and forecast period (2025-2033), empowering your strategic decision-making within this rapidly evolving sector.
Artificial Intelligence in Sports Industry Market Dynamics & Concentration
The AI in sports market exhibits a dynamic landscape, characterized by increasing concentration among key players and significant innovation. The market share of the top five players constitutes approximately xx% in 2025, with ongoing mergers and acquisitions (M&A) contributing to this consolidation. From 2019 to 2024, we observed approximately xx M&A deals, indicating a strong appetite for expansion and technological integration. Several factors drive market innovation, including the proliferation of wearable sensor technologies, the increasing availability of big data, and advancements in machine learning algorithms. Regulatory frameworks, while still evolving, are generally supportive of AI adoption, with a focus on data privacy and ethical considerations. The primary product substitutes for AI-driven solutions are traditional methods of data analysis and performance evaluation, but AI's superior speed and accuracy are leading to its widespread adoption. End-user trends demonstrate a growing demand for personalized experiences, predictive analytics, and data-driven decision-making across all levels of the sports industry.
- Market Concentration: Top 5 players hold xx% market share (2025).
- M&A Activity: Approximately xx deals between 2019 and 2024.
- Innovation Drivers: Wearable sensors, big data availability, machine learning advancements.
- Regulatory Landscape: Evolving, focusing on data privacy and ethics.
Artificial Intelligence in Sports Industry Industry Trends & Analysis
The AI in sports market is experiencing robust growth, driven by a compound annual growth rate (CAGR) of xx% during the forecast period (2025-2033). This expansion is fueled by several key factors. Technological advancements, particularly in computer vision and natural language processing, are continuously enhancing the capabilities of AI systems. Consumer preferences are shifting towards personalized experiences and data-driven insights, driving demand for AI-powered solutions. The competitive landscape is highly dynamic, with established technology companies and specialized sports technology firms vying for market share. Market penetration in key areas such as player analysis is expected to reach xx% by 2033. Furthermore, the increasing adoption of cloud-based solutions is facilitating scalability and cost-effectiveness. Challenges include data security concerns and the need for robust AI talent.

Leading Markets & Segments in Artificial Intelligence in Sports Industry
North America currently dominates the AI in sports market, accounting for approximately xx% of the global revenue in 2025. This dominance is attributed to several key factors:
- Strong technological infrastructure: Robust digital infrastructure and readily available skilled workforce.
- High adoption rates: Early adoption of new technologies among sports teams and leagues.
- Favorable regulatory environment: Relatively supportive regulatory landscape.
By Application: Player analysis currently leads the market, driven by the increasing demand for optimized training and performance enhancement. Fan engagement is also experiencing rapid growth, fueled by the need to enhance the spectator experience through personalized content and interactive features.
- Player Analysis: Market share of xx% in 2025. Key drivers: enhanced training, performance optimization, injury prevention.
- Fan Engagement: Market share of xx% in 2025. Key drivers: personalized content, interactive experiences, increased fan loyalty.
- Data Interpretation & Analysis: Market share of xx% in 2025. Key drivers: Improved decision-making, strategic planning, performance evaluation.
- Cloud Deployment: Leading deployment method due to scalability and accessibility.
Artificial Intelligence in Sports Industry Product Developments
Recent product innovations include AI-powered platforms that provide real-time insights into player performance, advanced analytics for strategic decision-making, and personalized fan engagement tools. These advancements are improving the precision and efficiency of data analysis, empowering organizations to make more informed decisions and optimize their operations. The integration of AI with wearable sensors and other data sources is creating a holistic view of athlete performance, leading to more effective training programs and injury prevention strategies. This improved understanding contributes to better team performance and enhanced fan experiences.
Key Drivers of Artificial Intelligence in Sports Industry Growth
The growth of the AI in sports market is propelled by several key factors:
- Technological advancements: Continued progress in machine learning, computer vision, and natural language processing.
- Data availability: The increasing volume of data generated from various sources provides valuable insights for AI-driven analysis.
- Increased investment: Significant investments from both private and public entities are fueling innovation and adoption.
- Regulatory support: Supportive government policies and initiatives are driving market growth.
Challenges in the Artificial Intelligence in Sports Industry Market
The AI in sports market faces certain challenges, including:
- Data security and privacy concerns: Protecting sensitive player data is crucial.
- High implementation costs: Integrating AI solutions can be expensive for some organizations.
- Lack of skilled workforce: A shortage of professionals skilled in AI and sports analytics.
- Ethical considerations: Ensuring responsible and unbiased use of AI technologies is essential.
Emerging Opportunities in Artificial Intelligence in Sports Industry
The long-term growth of the AI in sports market is fueled by several exciting opportunities. The development of more sophisticated AI algorithms will lead to more accurate predictions, personalized experiences, and improved decision-making capabilities. Strategic partnerships between technology providers and sports organizations will accelerate innovation and adoption. Expansion into new markets and applications, such as esports and recreational sports, will further drive market growth.
Leading Players in the Artificial Intelligence in Sports Industry Sector
- SAS Institute Inc
- Salesforce com Inc (Tableau Software Inc)
- Catapult Group International Ltd
- Trumedia Networks
- IBM Corporation
- Sportsradar AG
- Opta Sports (Perform Group)
- SAP SE
Key Milestones in Artificial Intelligence in Sports Industry Industry
- May 2023: Sportradar invests in AI technology for the sports betting industry, enhancing insights and creating new products.
- October 2022: Epoxy.ai launches Audience Cloud, an AI-powered platform for sports media and betting insights.
- January 2022: The University of the Pacific partners with SMT to launch a sports analytics concentration program.
Strategic Outlook for Artificial Intelligence in Sports Industry Market
The AI in sports market holds immense potential for future growth. Continuous technological advancements, coupled with increasing data availability and growing investments, will drive market expansion. Strategic partnerships and collaborations between technology companies and sports organizations will accelerate innovation and adoption, unlocking new opportunities and enhancing the overall sports experience for athletes, teams, and fans alike. The market is poised for significant growth, with a focus on personalized experiences and data-driven decision-making across all aspects of the industry.
Artificial Intelligence in Sports Industry Segmentation
-
1. Application
- 1.1. Player Analysis
- 1.2. Fan Engagement
- 1.3. Data Interpretation & Analysis
- 1.4. Other Applications
-
2. Deployment
- 2.1. On-Premises
- 2.2. Cloud
Artificial Intelligence in Sports Industry Segmentation By Geography
- 1. North America
- 2. Europe
- 3. Asia Pacific
- 4. Rest of The World

Artificial Intelligence in Sports Industry REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of > 28.69% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growing Demand for Real Time Data Analytics; Demand for Predictive Insights To Enhance Fan Engagement; Increasing Engagement of Fans in Sports
- 3.3. Market Restrains
- 3.3.1. High Initial Investments Required to Implement Complete Solutions
- 3.4. Market Trends
- 3.4.1. Increasing Engagement of Fans in Sports is Expected to Drive the Market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Artificial Intelligence in Sports Industry Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Application
- 5.1.1. Player Analysis
- 5.1.2. Fan Engagement
- 5.1.3. Data Interpretation & Analysis
- 5.1.4. Other Applications
- 5.2. Market Analysis, Insights and Forecast - by Deployment
- 5.2.1. On-Premises
- 5.2.2. Cloud
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. Europe
- 5.3.3. Asia Pacific
- 5.3.4. Rest of The World
- 5.1. Market Analysis, Insights and Forecast - by Application
- 6. North America Artificial Intelligence in Sports Industry Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Application
- 6.1.1. Player Analysis
- 6.1.2. Fan Engagement
- 6.1.3. Data Interpretation & Analysis
- 6.1.4. Other Applications
- 6.2. Market Analysis, Insights and Forecast - by Deployment
- 6.2.1. On-Premises
- 6.2.2. Cloud
- 6.1. Market Analysis, Insights and Forecast - by Application
- 7. Europe Artificial Intelligence in Sports Industry Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Application
- 7.1.1. Player Analysis
- 7.1.2. Fan Engagement
- 7.1.3. Data Interpretation & Analysis
- 7.1.4. Other Applications
- 7.2. Market Analysis, Insights and Forecast - by Deployment
- 7.2.1. On-Premises
- 7.2.2. Cloud
- 7.1. Market Analysis, Insights and Forecast - by Application
- 8. Asia Pacific Artificial Intelligence in Sports Industry Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Application
- 8.1.1. Player Analysis
- 8.1.2. Fan Engagement
- 8.1.3. Data Interpretation & Analysis
- 8.1.4. Other Applications
- 8.2. Market Analysis, Insights and Forecast - by Deployment
- 8.2.1. On-Premises
- 8.2.2. Cloud
- 8.1. Market Analysis, Insights and Forecast - by Application
- 9. Rest of The World Artificial Intelligence in Sports Industry Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Application
- 9.1.1. Player Analysis
- 9.1.2. Fan Engagement
- 9.1.3. Data Interpretation & Analysis
- 9.1.4. Other Applications
- 9.2. Market Analysis, Insights and Forecast - by Deployment
- 9.2.1. On-Premises
- 9.2.2. Cloud
- 9.1. Market Analysis, Insights and Forecast - by Application
- 10. North America Artificial Intelligence in Sports Industry Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 10.1.1.
- 11. Europe Artificial Intelligence in Sports Industry Analysis, Insights and Forecast, 2019-2031
- 11.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 11.1.1.
- 12. Asia Pacific Artificial Intelligence in Sports Industry Analysis, Insights and Forecast, 2019-2031
- 12.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 12.1.1.
- 13. Rest of The World Artificial Intelligence in Sports Industry Analysis, Insights and Forecast, 2019-2031
- 13.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 13.1.1.
- 14. Competitive Analysis
- 14.1. Global Market Share Analysis 2024
- 14.2. Company Profiles
- 14.2.1 SAS Institute Inc
- 14.2.1.1. Overview
- 14.2.1.2. Products
- 14.2.1.3. SWOT Analysis
- 14.2.1.4. Recent Developments
- 14.2.1.5. Financials (Based on Availability)
- 14.2.2 Salesforce com Inc (Tableau Software Inc )*List Not Exhaustive
- 14.2.2.1. Overview
- 14.2.2.2. Products
- 14.2.2.3. SWOT Analysis
- 14.2.2.4. Recent Developments
- 14.2.2.5. Financials (Based on Availability)
- 14.2.3 Catapult Group International Ltd
- 14.2.3.1. Overview
- 14.2.3.2. Products
- 14.2.3.3. SWOT Analysis
- 14.2.3.4. Recent Developments
- 14.2.3.5. Financials (Based on Availability)
- 14.2.4 Trumedia Networks
- 14.2.4.1. Overview
- 14.2.4.2. Products
- 14.2.4.3. SWOT Analysis
- 14.2.4.4. Recent Developments
- 14.2.4.5. Financials (Based on Availability)
- 14.2.5 IBM Corporation
- 14.2.5.1. Overview
- 14.2.5.2. Products
- 14.2.5.3. SWOT Analysis
- 14.2.5.4. Recent Developments
- 14.2.5.5. Financials (Based on Availability)
- 14.2.6 Sportsradar AG
- 14.2.6.1. Overview
- 14.2.6.2. Products
- 14.2.6.3. SWOT Analysis
- 14.2.6.4. Recent Developments
- 14.2.6.5. Financials (Based on Availability)
- 14.2.7 Opta Sports (Perform Group)
- 14.2.7.1. Overview
- 14.2.7.2. Products
- 14.2.7.3. SWOT Analysis
- 14.2.7.4. Recent Developments
- 14.2.7.5. Financials (Based on Availability)
- 14.2.8 SAP SE
- 14.2.8.1. Overview
- 14.2.8.2. Products
- 14.2.8.3. SWOT Analysis
- 14.2.8.4. Recent Developments
- 14.2.8.5. Financials (Based on Availability)
- 14.2.1 SAS Institute Inc
List of Figures
- Figure 1: Global Artificial Intelligence in Sports Industry Revenue Breakdown (Million, %) by Region 2024 & 2032
- Figure 2: North America Artificial Intelligence in Sports Industry Revenue (Million), by Country 2024 & 2032
- Figure 3: North America Artificial Intelligence in Sports Industry Revenue Share (%), by Country 2024 & 2032
- Figure 4: Europe Artificial Intelligence in Sports Industry Revenue (Million), by Country 2024 & 2032
- Figure 5: Europe Artificial Intelligence in Sports Industry Revenue Share (%), by Country 2024 & 2032
- Figure 6: Asia Pacific Artificial Intelligence in Sports Industry Revenue (Million), by Country 2024 & 2032
- Figure 7: Asia Pacific Artificial Intelligence in Sports Industry Revenue Share (%), by Country 2024 & 2032
- Figure 8: Rest of The World Artificial Intelligence in Sports Industry Revenue (Million), by Country 2024 & 2032
- Figure 9: Rest of The World Artificial Intelligence in Sports Industry Revenue Share (%), by Country 2024 & 2032
- Figure 10: North America Artificial Intelligence in Sports Industry Revenue (Million), by Application 2024 & 2032
- Figure 11: North America Artificial Intelligence in Sports Industry Revenue Share (%), by Application 2024 & 2032
- Figure 12: North America Artificial Intelligence in Sports Industry Revenue (Million), by Deployment 2024 & 2032
- Figure 13: North America Artificial Intelligence in Sports Industry Revenue Share (%), by Deployment 2024 & 2032
- Figure 14: North America Artificial Intelligence in Sports Industry Revenue (Million), by Country 2024 & 2032
- Figure 15: North America Artificial Intelligence in Sports Industry Revenue Share (%), by Country 2024 & 2032
- Figure 16: Europe Artificial Intelligence in Sports Industry Revenue (Million), by Application 2024 & 2032
- Figure 17: Europe Artificial Intelligence in Sports Industry Revenue Share (%), by Application 2024 & 2032
- Figure 18: Europe Artificial Intelligence in Sports Industry Revenue (Million), by Deployment 2024 & 2032
- Figure 19: Europe Artificial Intelligence in Sports Industry Revenue Share (%), by Deployment 2024 & 2032
- Figure 20: Europe Artificial Intelligence in Sports Industry Revenue (Million), by Country 2024 & 2032
- Figure 21: Europe Artificial Intelligence in Sports Industry Revenue Share (%), by Country 2024 & 2032
- Figure 22: Asia Pacific Artificial Intelligence in Sports Industry Revenue (Million), by Application 2024 & 2032
- Figure 23: Asia Pacific Artificial Intelligence in Sports Industry Revenue Share (%), by Application 2024 & 2032
- Figure 24: Asia Pacific Artificial Intelligence in Sports Industry Revenue (Million), by Deployment 2024 & 2032
- Figure 25: Asia Pacific Artificial Intelligence in Sports Industry Revenue Share (%), by Deployment 2024 & 2032
- Figure 26: Asia Pacific Artificial Intelligence in Sports Industry Revenue (Million), by Country 2024 & 2032
- Figure 27: Asia Pacific Artificial Intelligence in Sports Industry Revenue Share (%), by Country 2024 & 2032
- Figure 28: Rest of The World Artificial Intelligence in Sports Industry Revenue (Million), by Application 2024 & 2032
- Figure 29: Rest of The World Artificial Intelligence in Sports Industry Revenue Share (%), by Application 2024 & 2032
- Figure 30: Rest of The World Artificial Intelligence in Sports Industry Revenue (Million), by Deployment 2024 & 2032
- Figure 31: Rest of The World Artificial Intelligence in Sports Industry Revenue Share (%), by Deployment 2024 & 2032
- Figure 32: Rest of The World Artificial Intelligence in Sports Industry Revenue (Million), by Country 2024 & 2032
- Figure 33: Rest of The World Artificial Intelligence in Sports Industry Revenue Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Application 2019 & 2032
- Table 3: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Deployment 2019 & 2032
- Table 4: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 5: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 6: Artificial Intelligence in Sports Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 7: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 8: Artificial Intelligence in Sports Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 10: Artificial Intelligence in Sports Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 11: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 12: Artificial Intelligence in Sports Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 13: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Application 2019 & 2032
- Table 14: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Deployment 2019 & 2032
- Table 15: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 16: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Application 2019 & 2032
- Table 17: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Deployment 2019 & 2032
- Table 18: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 19: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Application 2019 & 2032
- Table 20: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Deployment 2019 & 2032
- Table 21: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 22: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Application 2019 & 2032
- Table 23: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Deployment 2019 & 2032
- Table 24: Global Artificial Intelligence in Sports Industry Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Artificial Intelligence in Sports Industry?
The projected CAGR is approximately > 28.69%.
2. Which companies are prominent players in the Artificial Intelligence in Sports Industry?
Key companies in the market include SAS Institute Inc, Salesforce com Inc (Tableau Software Inc )*List Not Exhaustive, Catapult Group International Ltd, Trumedia Networks, IBM Corporation, Sportsradar AG, Opta Sports (Perform Group), SAP SE.
3. What are the main segments of the Artificial Intelligence in Sports Industry?
The market segments include Application, Deployment.
4. Can you provide details about the market size?
The market size is estimated to be USD 5.93 Million as of 2022.
5. What are some drivers contributing to market growth?
Growing Demand for Real Time Data Analytics; Demand for Predictive Insights To Enhance Fan Engagement; Increasing Engagement of Fans in Sports.
6. What are the notable trends driving market growth?
Increasing Engagement of Fans in Sports is Expected to Drive the Market.
7. Are there any restraints impacting market growth?
High Initial Investments Required to Implement Complete Solutions.
8. Can you provide examples of recent developments in the market?
May 2023 - Sportradar announces to Invests in AI Technology for Sports Betting Industry, as By replacing human data collectors with digital systems, the company is able to provide deeper insights into sports and create new value-creating products for its clients
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Artificial Intelligence in Sports Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Artificial Intelligence in Sports Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Artificial Intelligence in Sports Industry?
To stay informed about further developments, trends, and reports in the Artificial Intelligence in Sports Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence