Global Sports Technology Market Size & Outlook, 2023-2030
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 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.
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Global sports technology market size, by regions, 2018-2030 (US$M)
Top 10 countries: Sports technology market size, 2023 (US$M)
Global sports technology market share, by technology, 2023 & 2030 (%, US$M)
Sports technology market: Opportunity assessment by country
Global sports technology market, by region, 2023 (US$M)
| Technology | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,913.9 | 3,388.5 | 3,427.3 | 3,570.3 | 3,872.4 | 4,346.9 | 5,011.7 | 5,904.4 | 7,053.8 | 8,501.9 | 10,346.8 | 12,668.0 | 15,576.2 | 20.0% |
| Europe | 2,942.5 | 3,455.3 | 3,521.7 | 3,676.5 | 3,961.2 | 4,413.7 | 5,075.6 | 5,992.0 | 7,205.9 | 8,758.0 | 10,718.6 | 13,177.3 | 16,268.2 | 20.5% |
| Asia Pacific | 2,581.1 | 3,117.0 | 3,177.9 | 3,315.3 | 3,588.8 | 4,042.8 | 4,730.7 | 5,689.5 | 6,947.0 | 8,568.5 | 10,646.4 | 13,281.1 | 16,628.8 | 22.4% |
| Latin America | 737.0 | 852.1 | 859.0 | 884.6 | 942.1 | 1,043.9 | 1,190.2 | 1,382.7 | 1,623.3 | 1,922.8 | 2,289.6 | 2,736.8 | 3,283.3 | 17.8% |
| MEA | 585.9 | 702.8 | 702.1 | 726.4 | 782.2 | 872.5 | 1,010.0 | 1,208.8 | 1,470.1 | 1,800.8 | 2,216.2 | 2,735.4 | 3,384.1 | 21.4% |
| Overall | 9,760.4 | 11,515.7 | 11,688.0 | 12,173.1 | 13,146.7 | 14,719.8 | 17,018.2 | 20,177.4 | 24,300.1 | 29,552.0 | 36,217.6 | 44,598.6 | 55,140.6 | 20.8% |
Related regional statistics
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