South Africa Sports Technology Market Size & Outlook
South Africa sports technology market, 2018-2030 (US$M)
Related Markets
South Africa sports technology market highlights
- The South Africa sports technology market generated a revenue of USD 183.6 million in 2023 and is expected to reach USD 727.3 million by 2030.
- The South Africa market is expected to grow at a CAGR of 21.7% 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 183.6 million |
| Market revenue in 2030 | USD 727.3 million |
| Growth rate | 21.7% (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, South Africa accounted for 1.2% 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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South Africa 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 66.56% in 2023. Horizon Databook has segmented the South Africa sports technology market based on devices, smart venues, analytics & statistics, esports covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa is expected to showcase significant growth across the region, with a CAGR of 21.8% over the forecast period due to advancements in technology transforming various aspects of sports, including training, performance analysis, fan engagement, and sports infrastructure.
The country has witnessed significant growth in sports technology solutions such as sports broadcasting and streaming, sports facilities and infrastructure, and fan engagement and sports applications are projected to offer significant growth opportunities for the sports technology market in South Africa.
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Our clientele includes a mix of sports technology market companies, investment firms, advisory firms & academic institutions.
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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 South Africa sports technology market , including forecasts for subscribers. This country databook contains high-level insights into South Africa sports technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa sports technology market size, by technology, 2018-2030 (US$M)
South Africa Sports Technology Market Outlook Share, 2023 & 2030 (US$M)
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