Sports Technology Market, By Type (Device, Smart Stadium, E-sports, and Sports Analytics), By Application (Soccer, Baseball, Basketball, Ice Hockey, American Football/ Rugby, Tennis), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI245019 | Publish Date: April 2024 | No. of Pages: 180

Global Sports Technology Market By Overview

Introduction:

In the world of sports, technology has various uses. It performs an essential role. There is no baseball without a ball and a bat. Racing bicycles is not feasible without a bicycle. Technology can improve performances, as seen in the new Fastskin swimsuit, which is supposed to reduce water friction, or the new alpine carving skis, which appear to make it easier for newcomers to pick up the fundamentals of the sport. Injuries are expected to be avoided by other types of technology, such body armour and helmets in ice hockey and boxing. Justice is supposed to be improved by the potential use of video cameras when refereeing soccer games.Sports Technology Market size accounted for USD 11.54 billion in 2020 and expected to grow to USD 52.56 billion by 2030 at a compound annual growth rate (CAGR) of 16.50%.

Global Sports Technology Market By Dynamics

The market is being driven by a number of distinct factors, including the significant increase in audience commitment, wearable sensors and performance monitoring devices embedded in smart clothing, the need for better and higher resolution cameras for game broadcasts, presentation scoreboards, etc. Technology and video games are enabling data-assisted sports knowledge and inspiring a new era of sports viewing, health monitoring, and gym living. Investments in marketing, sales, and operations are anticipated to drive market growth and increase corporate revenues. Artificial intelligence (AI) and digitalization also pave the way for the development of sophisticated sports.

Global Sports Technology Market By Segmentation

Sports Technology Market is segmented based on type, application and region.

On the basis of Type, the Sports Technology Market is segmented into Device, Smart Stadium, E-sports, and Sports Anal. On the basis of Application, the Global Sports Technology Market is segmented into Soccer, Baseball, Basketball, Ice Hockey, American Football/ Rugby, Tennis. 

Regional Insights:

On region the Sports Technology Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. APAC is expected to grow at highest CAGR over the forecast period.

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020– 2030

Market representation

Revenue in USD Billion & CAGR from 2020 to 2030

Market Segmentation

By Type - Device, Smart Stadium, E-sports, and Sports Anal.

By Application - Soccer, Baseball, Basketball, Ice Hockey, American Football/ Rugby, Tennis.

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global Sports Technology Market report based on device, contain, deployment and region:

Sports Technology Market, By Prodcut Type 

  • Device
  • Smart Stadium
  • E-sports
  • Sports Anal

Sports Technology Market, By Application

  • Soccer
  • Baseball
  • Basketball
  • Ice Hockey
  • American Football/ Rugby
  • Tennis

Sports Technology Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Sports Technology Market By Key Players

The key players operating the Sports Technology Market Accenture Plc, Catapult Group International Ltd, Chetu Inc., Firstbeat Technologies Ltd, IBM Corporation, Kinexon Precision Technologies GmbH, Krossover Intelligence Inc., Opta Sports, Oracle Corporation, and Orreco Limited.

Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in August2022, Telstra touts proposed restructures ‘transparency’ and ‘flexibility’, in its newly released plan brochure, Telstra said the restructuring would create better transparency of its assets across its customer and infrastructure businesses, which would "allow management to increase efficiency and effectiveness".

Global Sports Technology Market By Company Profile

  • Accenture Plc *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Catapult Group International Ltd
  • Chetu Inc.
  • Firstbeat Technologies Ltd
  • IBM Corporation
  • Kinexon Precision Technologies GmbH
  • Krossover Intelligence Inc.
  • Opta Sports
  • Oracle Corporation
  • Orreco Limited.

“*” marked represents similar segmentation in other categories in the respective section

Global Sports Technology Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
    • PORTER’s
    • Investment Outlook
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for Sports Technology Strategies
      • Key Questions this Study will Answer
        • By Type (Device, Smart Stadium, E-sports, and Sports Analytics),
        • By Application (Soccer, Baseball, Basketball, Ice Hockey, American Football/ Rugby, Tennis),
        • By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
    • Y-o-Y Growth Analysis (%), 2020 – 2030
    • Regional Trends
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Regional Analysis
    • Regional Revenue Analysis
    • Regional By segment Analysis
    • Reasons for regional growth
    • Key Player of particular region
    • Countries Include in the report:
      • North America (U.S., Canada)
      • Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
      • Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
      • Latin America (Brazil, Mexico, Rest of Latin America)
      • Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
    • Competitive Overview
    • Competitive Benchmarking
    • Market Share Analysis
    • Key Developments In The Global Sports Technology Market
    • Key Developments: Mergers & Acquisitions
    • Key Developments: Collaboration
    • Key Developments: Contracts & Agreements
    • Key Developments: Expansion
    • Key Developments: Product Developments
  2. Company Profiles
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
  • SWOT Analysis
  • Accenture Plc, Catapult Group International Ltd, Chetu Inc., Firstbeat Technologies Ltd, IBM Corporation, Kinexon Precision Technologies GmbH, Krossover Intelligence Inc., Opta Sports, Oracle Corporation, and Orreco Limited.

  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

Sports Technology market is segmented into basis of type, application, and region.

Market growth is expected to be supported by investments in marketing, sales, and operations to enhance company revenues.

By region, APAC is expected to grow at highest CAGR over the forecast period.

The Key players operating in the Sports Technology market include Accenture Plc, Catapult Group International Ltd, Chetu Inc., Firstbeat Technologies Ltd, IBM Corporation, Kinexon Precision Technologies GmbH, Krossover Intelligence Inc., Opta Sports, Oracle Corporation, and Orreco Limited.