Germany Sports Technology Market Size & Outlook, 2023-2030
Germany sports technology market, 2018-2030 (US$M)
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Germany sports technology market highlights
- The Germany sports technology market generated a revenue of USD 1,278.0 million in 2023 and is expected to reach USD 4,813.0 million by 2030.
- The Germany market is expected to grow at a CAGR of 20.9% 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 1,278.0 million |
| Market revenue in 2030 | USD 4,813.0 million |
| Growth rate | 20.9% (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, Germany accounted for 8.7% 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 Europe, Germany sports technology market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 818.5 million by 2030.
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Sports Technology Market Scope
Sports Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 50.54% in 2023. Horizon Databook has segmented the Germany sports technology market based on devices, smart venues, analytics & statistics, esports covering the revenue growth of each sub-segment from 2018 to 2030.
The company engaged in the sports technology market in Germany focuses on expanding its product offering by incorporating numerous other technologies. For instance, in June 2022, Staige GmbH raised funding of around USD 9 million from Borussia Dortmund.
The funding has helped the company to improve its market presence and provide amateur sports by using artificial intelligence, making video analysis and live streaming more affordable and accessible.
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Target buyers of Germany 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 country-level data and insights on the Germany sports technology market , including forecasts for subscribers. This country databook contains high-level insights into Germany sports technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany sports technology market size, by technology, 2018-2030 (US$M)
Germany Sports Technology Market Outlook Share, 2023 & 2030 (US$M)
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