Brazil Sports Technology Market Size & Outlook, 2023-2030
Brazil sports technology market, 2018-2030 (US$M)
Related Markets
Brazil sports technology market highlights
- The Brazil sports technology market generated a revenue of USD 584.7 million in 2023 and is expected to reach USD 1,877.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 18.1% from 2024 to 2030.
- In terms of segment, smart venues was the largest revenue generating technology in 2023.
- Analytics & Statistics is the most lucrative technology segment registering the fastest growth during the forecast period.
Sports technology market data book summary
| Market revenue in 2023 | USD 584.7 million |
| Market revenue in 2030 | USD 1,877.9 million |
| Growth rate | 18.1% (CAGR from 2023 to 2030) |
| Largest segment | Smart venues |
| Fastest growing segment | Analytics & Statistics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, Brazil accounted for 4.0% of the global sports technology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil sports technology market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 609.5 million by 2030.
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Sports Technology Market Scope
Sports Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 52.1% in 2023. Horizon Databook has segmented the Brazil sports technology market based on devices, smart venues, analytics & statistics, esports covering the revenue growth of each sub-segment from 2018 to 2030.
In 2022, Brazil witnessed the highest market share of 55.7% in South America and was expected to continue a similar trend over the forecast period. The sports technology market is witnessing significant growth in streaming owing to a substantial rise in OTT platforms. The sports clubs and teams are strengthening their brands and marketing projects by collaborating with sponsors to improve fan engagement and business growth.
Furthermore, the rising implementation of the Internet of Things (IOT) to improve fan engagement, monitor the players' health, and gain essential insights is expected to provide various growth prospects for the sports technology market in Brazil.
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Our clientele includes a mix of sports technology market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil sports technology market , including forecasts for subscribers. This country databook contains high-level insights into Brazil sports technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil sports technology market size, by technology, 2018-2030 (US$M)
Brazil Sports Technology Market Outlook Share, 2023 & 2030 (US$M)
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