Canada Sports Technology Market Size & Outlook, 2023-2030
Canada sports technology market, 2018-2030 (US$M)
Related Markets
Canada sports technology market highlights
- The Canada sports technology market generated a revenue of USD 454.3 million in 2023 and is expected to reach USD 1,441.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 17.9% from 2024 to 2030.
- In terms of segment, smart venues was the largest revenue generating technology in 2023.
- Esports 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 454.3 million |
| Market revenue in 2030 | USD 1,441.0 million |
| Growth rate | 17.9% (CAGR from 2023 to 2030) |
| Largest segment | Smart venues |
| Fastest growing segment | Esports |
| 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, Canada accounted for 3.1% 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 North America, U.S. sports technology market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 13,136.5 million by 2030.
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Sports Technology Market Scope
Sports Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 53.03% in 2023. Horizon Databook has segmented the Canada sports technology market based on devices, smart venues, analytics & statistics, esports covering the revenue growth of each sub-segment from 2018 to 2030.
The growth is attributed to the rising support from government agencies and communities for local sport technology companies to expand to international markets and raise funds. For instance, in June 2022, The Future of Sport Lab, supported by (MLSE) Maple Leaf Sports and Entertainment and managed by
(TMU) Toronto Metropolitan University, accepted eight sports technology startups into their incubator program. The program offers numerous collaboration, mentorship, and collaboration opportunities for startups. Such initiatives are supporting the growth of the sports technology market in Canada.
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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 Canada sports technology market , including forecasts for subscribers. This country databook contains high-level insights into Canada sports technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada sports technology market size, by technology, 2018-2030 (US$M)
Canada Sports Technology Market Outlook Share, 2023 & 2030 (US$M)
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