Sports Technology  Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The sports technology market size was valued at USD 117 billion in 2020 and is to record an average annual growth rate (CAGR) of 16% from 2022 to 2028. Data analytics, along with increasing adoption of emerging technologies such as the Internet of Things (IoT) and social media integration across a variety of sports, are expected to drive the market over the forecast period. Along with the digital transformation of the stadium, a strong emphasis on audience engagement and entertainment activities is expected to drive the demand for technology-based services in the sports sector. The industry is experiencing a paradigm shift as investments from various organizations increase in adopting the latest technologies to monitor player performance and engage fans.

Company Profile

• Telefonaktiebolaget LM Ericsson
• Cisco Systems
• FUJITSU
• SAP SE
• Oracle
• LG Electronics.
• SAMSUNG
• Fitbit,
• Apple Inc.
• Garmin Ltd.
• Sony India Private Limited

Market Segmentation

By Technology

• Device
• Smart Stadium
• Esports
• Sports Analytics

By Sports

• Soccer
• Baseball
• Basketball
• Ice Hockey
• American Football/Rugby
• Tennis
• Cricket
• Golf
• Esports

Scope of the Report

The research study analyzes the global Sports Technology  industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Sports Technology  Market Report

1. What was the Sports Technology  Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Sports Technology  Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Sports Technology  Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.