Latin America Sports Technology Market Size & Outlook
Latin America sports technology market, 2018-2030 (US$M)
Related Markets
Latin America sports technology market highlights
- The Latin America sports technology market generated a revenue of USD 1,043.9 million in 2023.
- The market is expected to grow at a CAGR of 17.8% 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, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,043.9 million |
| Market revenue in 2030 | USD 3,283.3 million |
| Growth rate | 17.8% (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, Latin America region accounted for 7.1% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Sports Technology Market Scope
Sports Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 58.06% in 2023. Horizon Databook has segmented the Latin America sports technology market based on devices, smart venues, analytics & statistics, esports covering the revenue growth of each sub-segment from 2018 to 2030.
The region has significantly less presence of sport technology companies. However, the market players such as Netshoes, TNT Sports, and other companies have witnessed significant growth as the region shows a clear trend toward fitness and football-related activities. The players operating in the sports technology market are collaborating with other players to offer the latest technologies, expand their market presence, and improve fan engagement and team performance.
Reasons to subscribe to Latin America sports technology market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America sports technology market databook
-
Our clientele includes a mix of sports technology market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 Latin America sports technology market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America sports technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America sports technology market size, by country, 2018-2030 (US$M)
Latin America Sports Technology Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
