Latin America Sports Technology Market Size & Outlook
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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.
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Sports Technology Market Scope
Sports Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| FanDuel | View profile | 1001-5000 | New York, New York, United States, North America | http://www.fanduel.com |
| Dream Sports | View profile | 501-1000 | Mumbai, Maharashtra, India, Asia | https://dreamsports.group |
| CBS Sports Network | View profile | 501-1000 | New York, New York, United States, North America | http://www.cbssportsnetwork.com/ |
| Synergy Sports | View profile | 251-500 | Anacortes, Washington, United States, North America | https://www.synergysports.com |
| Ernst & Young Global Consulting Services | View profile | 251-500 | Nassau, New Providence, Bahamas, North America | https://www.ey.com/ |
| deltatre | View profile | 101-250 | Torino, Piemonte, Italy, Europe | http://www.deltatre.com |
| Modern Times Group | View profile | 1001-5000 | Stockholm, Stockholms Lan, Sweden, Europe | http://www.mtg.com/ |
| ChyronHego | View profile | 101-250 | Melville, New York, United States, North America | http://chyronhego.com/ |
| Dream International Ltd | View profile | 26210 | 75 Mody Road, 6th Floor, Tower 1, South Seas Centre, Tsim Sha Tsui, Kowloon, Hong Kong | https://www.dream-i.com.hk |
| DraftKings Inc Ordinary Shares - Class A | View profile | 4400 | 222 Berkeley Street, 5th Floor, Boston, MA, United States, 02116 | https://www.draftkings.com |
| Sportradar Group AG Class A | View profile | 4383 | Feldlistrasse 2, St. Gallen, Switzerland, CH-9000 | https://www.sportradar.com |
| Genius Sports Ltd | View profile | 2100 | 27 Soho Square, 1st Floor, London, United Kingdom, W1D 3QR | https://www.geniussports.com |
| Telefonaktiebolaget L M Ericsson ADR | View profile | 99952 | Torshamnsgatan 21, Kista, Stockholm, Sweden, SE-164 83 | https://www.ericsson.com |
| Infosys Ltd ADR | View profile | 322663 | 44, Infosys Avenue, Hosur Road, Electronics City, Bengaluru, KA, India, 560 100 | https://www.infosys.com |
| CGT Catapult | View profile | 251-500 | London, England, United Kingdom, Europe | https://ct.catapult.org.uk |
| SAS | View profile | 10001+ | Cary, North Carolina, United States, North America | http://www.sas.com |
| HCL Technologies | View profile | 10001+ | Noida, Uttar Pradesh, India, Asia | http://www.hcltech.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| SAP SE | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
| Sony Group Corp | View profile | 113000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | https://www.sony.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Apple Inc | View profile | 161000 | One Apple Park Way, Cupertino, CA, United States, 95014 | https://www.apple.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
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 2024. 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.
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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 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$M)
Latin America Sports Technology Market Outlook Share, 2024 & 2030 (US$M)
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