India Sports Technology Market Size & Outlook, 2023-2030
India sports technology market, 2018-2030 (US$M)
Related Markets
India sports technology market highlights
- The India sports technology market generated a revenue of USD 185.3 million in 2023 and is expected to reach USD 830.3 million by 2030.
- The India market is expected to grow at a CAGR of 23.9% 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 185.3 million |
| Market revenue in 2030 | USD 830.3 million |
| Growth rate | 23.9% (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, India accounted for 1.3% 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 Asia Pacific, China sports technology market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 830.3 million by 2030.
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Sports Technology Market Scope
Sports Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 49.92% in 2023. Horizon Databook has segmented the India sports technology market based on devices, smart venues, analytics & statistics, esports covering the revenue growth of each sub-segment from 2018 to 2030.
The increased adoption of tools for data analytics, machine intelligence, digital mapping, and immersive viewing in sporting events is fueling the growth of sports technologies in India. The key market players, such as HCL Technologies Limited, Infosys Limited, Wipro, and Tech Mahindra Limited, are focused on offering solutions ranging from tracking sporting and fitness activities to measuring and managing audience engagement. They are offering a better viewing experience by using virtual reality.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the India sports technology market , including forecasts for subscribers. This country databook contains high-level insights into India sports technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India sports technology market size, by technology, 2018-2030 (US$M)
India Sports Technology Market Outlook Share, 2023 & 2030 (US$M)
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