Saudi Arabia Sports Technology Market Size & Outlook
Saudi Arabia sports technology market, 2018-2030 (US$M)
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Saudi Arabia sports technology market highlights
- The Saudi Arabia sports technology market generated a revenue of USD 299.2 million in 2023 and is expected to reach USD 1,096.9 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 20.4% 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 299.2 million |
| Market revenue in 2030 | USD 1,096.9 million |
| Growth rate | 20.4% (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, Saudi Arabia accounted for 2.0% 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 Middle East & Africa, Saudi Arabia sports technology market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 727.3 million by 2030.
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Sports Technology Market Scope
Sports Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia 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 67.48% in 2023. Horizon Databook has segmented the Saudi Arabia sports technology market based on devices, smart venues, analytics & statistics, esports covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia dominated the Middle East and Africa sports technology market with a share of 34.6% in 2022 and is projected to maintain its dominance throughout the forecast period. The country’s vision to promote sports and physical activities, coupled with rising investments in sports infrastructure, is accelerating the adoption of sports technology in Saudi Arabia.
activities have taken center stage in the efforts of diversification. The government of Saudi Arabia is investing in various sporting events, including chess championships, tennis tournaments, golf, and rugby tournaments. The rising participation of citizens in various sports activities is offering numerous growth opportunities for the sports technology market in Saudi Arabia.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia sports technology market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia sports technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia sports technology market size, by technology, 2018-2030 (US$M)
Saudi Arabia Sports Technology Market Outlook Share, 2023 & 2030 (US$M)
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