Market revenue in 2023 | USD 4,042.8 million |
Market revenue in 2030 | USD 16,628.8 million |
Growth rate | 22.4% (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 |
Key market players worldwide | Apple Inc, CGT Catapult, Cisco Systems Inc, HCL Technologies, International Business Machines Corp, Infosys Ltd ADR, Oracle Corp, Panasonic Holdings Corp, SAP SE, Sony Group Corp, Telefonaktiebolaget L M Ericsson ADR, Amazon.com Inc, Genius Sports Ltd, Microsoft Corp, SAS, Sportradar Group AG Class A, DraftKings Inc Ordinary Shares - Class A, Dream International Ltd, ChyronHego, Modern Times Group, deltatre, Ernst & Young Global Consulting Services, Synergy Sports, CBS Sports Network, Dream Sports, FanDuel |
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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 52.25% in 2023. Horizon Databook has segmented the Asia Pacific sports technology market based on devices, smart venues, analytics & statistics, esports covering the revenue growth of each sub-segment from 2018 to 2030.
The sports technology market in Asia Pacific is expected to witness the highest growth rate of 22.4% over the forecast period. Professional sports associations and clubs are incorporating numerous sports technologies to minimize player and athlete injuries.
Furthermore, sports clubs and organizations emphasize performance data evaluation and management tools. The rising disposable income and participation in fitness and sports activities are driving the growth of wearables. The young, energetic, and tech-savvy are rapidly adopting sports technologies owing to growing interest in healthy lifestyles and sports.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific sports technology market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific sports technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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