Global Smart Sports Equipment Market Size & Outlook

The smart sports equipment industry worldwide is expected to reach a projected revenue of US$ 4,042.3 million by 2027. A compound annual growth rate of 8.1% is expected of the worldwide smart sports equipment industry from 2020 to 2027.
Revenue, 2019 (US$M)
$2,167.5
Forecast, 2027 (US$M)
$4,042.3
CAGR, 2020 - 2027
8.1%
Report Coverage
Worldwide

Global smart sports equipment market highlights

  • The global smart sports equipment market generated a revenue of USD 2,167.5 million in 2019 and is expected to reach USD 4,042.3 million by 2027.
  • The market is expected to grow at a CAGR (2020 - 2027) of 8.1% by 2027.
  • In terms of segment, golf stick accounted for a revenue of USD 649.5 million in 2019.
  • Balls is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2019.
  • Country-wise, U.S. is expected to register the highest CAGR from 2020 to 2027.

Global data book summary

Market revenue in 2019USD 2,167.5 million
Market revenue in 2027USD 4,042.3 million
Growth rate8.1% (CAGR from 2019 to 2027)
Largest segmentGolf stick
Fastest growing segmentBalls
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationBalls, Golf Stick, Hockey Stick, Rackets & Bats, Other Products

Other key industry trends

  • In terms of revenue, the North America accounted for 35.2% of the global smart sports equipment market in 2019.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 1,100.6 million by 2027.

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Smart Sports Equipment Market Companies

Name Profile # Employees HQ Website

Global smart sports equipment market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart sports equipment market will help companies and investors design strategic landscapes.


Golf stick was the largest segment with a revenue share of 29.97% in 2019. Horizon Databook has segmented the Global smart sports equipment market based on balls, golf stick, hockey stick, rackets & bats, other products covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global Smart Sports Equipment Product Outlook (Revenue, USD Million, 2016-2027)
    • Balls
    • Golf Stick
    • Hockey Stick
    • Rackets & Bats
    • Other Products
  • Global Smart Sports Equipment Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
    • Franchise Stores
    • Specialty Stores
    • Online

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Target buyers of Global smart sports equipment market databook

  • Our clientele includes a mix of smart sports equipment market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global smart sports equipment market, including forecasts for subscribers. This global databook contains high-level insights into Global smart sports equipment market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global smart sports equipment market size, by regions, 2016-2027 (US$M)

Top 10 countries: Smart sports equipment market size, 2019 (US$M)

Global smart sports equipment market share, by product, 2019 & 2027 (%, US$M)

Smart sports equipment market: Opportunity assessment by country

Global smart sports equipment market, by region, 2019 (US$M)

Global smart sports equipment market size, by regions, 2016-2027 (US$M)

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