Global Sports Technology Market Size & Outlook
The sports technology industry worldwide is expected to reach a projected revenue of US$ 55,140.6 million by 2030. A compound annual growth rate of 20.8% is expected of the worldwide sports technology industry from 2024 to 2030.
Revenue, 2023 (US$M)
$14,719.8
Forecast, 2030 (US$M)
$55,140.6
CAGR, 2024 - 2030
20.8%
Report Coverage
Worldwide
Global sports technology market, 2018-2030 (US$M)
Related Markets
Global sports technology market highlights
- The global sports technology market generated a revenue of USD 14,719.8 million in 2023 and is expected to reach USD 55,140.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 20.8% by 2030.
- In terms of segment, smart venues accounted for a revenue of USD 7,920.1 million in 2023.
- Analytics & Statistics is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 14,719.8 million |
| Market revenue in 2030 | USD 55,140.6 million |
| Growth rate | 20.8% (CAGR from 2023 to 2030) |
| Largest segment | Smart venues |
| Fastest growing segment | Analytics & Statistics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Devices, Smart Venues, Analytics & Statistics, Esports |
Other key industry trends
- In terms of revenue, the North America accounted for 29.5% of the global sports technology market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 999.1 million by 2030.
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Sports Technology Market Scope
Sports technology market segmentation & scope
Wearables
Digital Signage
Camera
Standium & Public Security
Building Automation
Event Management & Ticketing
Others
Services
Player & Team Analysis
Performance Improvement
Refereeing Decisions
Health Assessment
Content Platforms
Fan Experience
Fantasy Sports
Health Assessment
Others
Tickets & Merchandise
Sponsorships and Advertisements
Others
Sports Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global sports technology 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 sports technology market will help companies and investors design strategic landscapes.
smart venues was the largest segment with a revenue share of 53.81% in 2023. Horizon Databook has segmented the Global sports technology market based on devices, smart venues, analytics & statistics, esports covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Sports Technology Technology Outlook (Revenue, USD Million, 2018-2030)
- Devices
- Wearables
- Digital Signage
- Camera
- Smart Venues
- Software
- Standium & Public Security
- Building Automation
- Event Management & Ticketing
- Others
- Services
- Software
- Analytics & Statistics
- On-field
- Player & Team Analysis
- Video Analysis
- Performance Improvement
- Refereeing Decisions
- Health Assessment
- Off-field
- Fan Engagement
- Content Platforms
- Fan Experience
- Fantasy Sports
- Health Assessment
- Others
- Fan Engagement
- On-field
- Esports
- Tickets & Merchandise
- Sponsorships and Advertisements
- Others
- Devices
- Global Sports Technology Sports Outlook (Revenue, USD Million, 2018-2030)
- American Football/Rugby
- Baseball
- Basketball
- Cricket
- Golf
- Ice Hockey
- Tennis
- Soccer
- Others
- Global Sports Technology End User Outlook (Revenue, USD Million, 2018-2030)
- Sports Clubs
- Sports Associations
- Sports Leagues
- Others
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Target buyers of Global sports technology market databook
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Our clientele includes a mix of sports technology market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global sports technology market , including forecasts for subscribers. This global databook contains high-level insights into Global sports technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global sports technology market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Sports technology market size, 2023 (USD Million)
Top 10 countries: Sports technology market size, 2023 (USD Million)
Global sports technology market, by region, 2023 (US$M)
Related regional statistics
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