Europe Sports Technology Market Size & Outlook, 2023-2030
Europe sports technology market, 2018-2030 (US$M)
Related Markets
Europe sports technology market highlights
- The Europe sports technology market generated a revenue of USD 4,413.7 million in 2023.
- The market is expected to grow at a CAGR of 20.5% 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.
- Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 4,413.7 million |
| Market revenue in 2030 | USD 16,268.2 million |
| Growth rate | 20.5% (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 |
Other key industry trends
- In terms of revenue, Europe region accounted for 30.0% of the global sports technology market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 16,628.8 million by 2030.
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Sports Technology Market Scope
Sports Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 54.44% in 2023. Horizon Databook has segmented the Europe sports technology market based on devices, smart venues, analytics & statistics, esports covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is expected to observe a significant growth in sports technology demand. European organizations are adopting sports technology to provide better experiences, innovative events, high community engagement, and improved players' performance.
Furthermore, market players' rising incorporation of data, artificial intelligence, virtual and augmented reality, blockchain, monitoring devices, tokenization, and other technologies into their product offerings is helping in sports technology market growth in Europe.
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Target buyers of Europe 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 continent-level data and insights on the Europe sports technology market , including forecasts for subscribers. This continent databook contains high-level insights into Europe sports technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe sports technology market size, by country, 2018-2030 (US$M)
Europe Sports Technology Market Outlook Share, 2023 & 2030 (US$M)
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