Global Sports Technology Market Size & Outlook, 2023-2030

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 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 2023USD 14,719.8 million
Market revenue in 2030USD 55,140.6 million
Growth rate20.8% (CAGR from 2023 to 2030)
Largest segmentSmart venues
Fastest growing segmentAnalytics & Statistics
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDevices, 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 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
    • 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
    • Esports
      • Tickets & Merchandise
      • Sponsorships and Advertisements
      • Others
  • 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

  • Our clientele includes a mix of sports technology 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.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

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)

Global sports technology market size, by regions, 2018-2030 (US$M)

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