Spain Sports Technology Market Size & Outlook, 2023-2030
Spain sports technology market, 2018-2030 (US$M)
Related Markets
Spain sports technology market highlights
- The Spain sports technology market generated a revenue of USD 207.0 million in 2023 and is expected to reach USD 818.5 million by 2030.
- The Spain 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.
- 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 207.0 million |
| Market revenue in 2030 | USD 818.5 million |
| Growth rate | 21.7% (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, Spain accounted for 1.4% 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 Europe, Germany sports technology market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 818.5 million by 2030.
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Sports Technology Market Scope
Sports Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Spain 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 57.58% in 2023. Horizon Databook has segmented the Spain sports technology market based on devices, smart venues, analytics & statistics, esports covering the revenue growth of each sub-segment from 2018 to 2030.
In 2022, Spain accounted for the share of 4.8% in the Europe sports technology market. This was mainly credited to the significant investments in the sports technology industry and increased demand for cutting-edge sports technology. For instance, in March 2023, FC Barcelona invested in Visualfy by Fusió d'Arts, and Oliver (Sports Data Innovation SL) through its Barcelona Innovation Hub initiative.
The investment has helped people with learning disabilities attend sports events and benefit from data analytics provided by Oliver through wearable devices. The rising investment from corporations in sports technology companies is providing growth opportunities for the sports technology market in Spain.
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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 Spain sports technology market , including forecasts for subscribers. This country databook contains high-level insights into Spain sports technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain sports technology market size, by technology, 2018-2030 (US$M)
Spain Sports Technology Market Outlook Share, 2023 & 2030 (US$M)
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