There is an ever-present need to objectively measure and analyze sports motion for the determination of correct patterns of motion for skill execution. Developments in performance analysis technologies such as inertial measuring units (IMUs) have resulted in enormous data generation. However, these advances present challenges in analysis, interpretation, and transformation of data into useful information. Artificial intelligence (AI) systems can process and analyze large amounts of data quickly and efficiently through classification techniques. This study aimed to systematically review the literature on Machine Learning (ML) and Deep Learning (DL) methods applied to IMU data inputs for evaluating techniques or skills in individual swing and team sports. Electronic database searches (IEEE Xplore, PubMed, Scopus, and Google Scholar) were conducted and aligned with the PRISMA statement and guidelines. A total of 26 articles were included in the review. The Support Vector Machine (SVM) was identified as the most utilized model, as per 7 studies. A deep learning approach was reported in 6 studies, in the form of a Convolutional Neural Network (CNN) architecture. The in-depth analysis highlighted varying methodologies across all sports inclusive of device specifications, data preprocessing techniques and model performance evaluation. This review highlights that each step of the ML modeling process is iterative and should be based on the specific characteristics of the movement being analyzed.