Sports Technology Market Forecasts to 2028 – Global Analysis By Product, Sport, Component, Sport Type, Technology, Application, End User and By Geography
According to Stratistics MRC, the Global Sports Technology Market is accounted for $15.22 billion in 2020 and is expected to reach $63.72 billion by 2028 growing at a CAGR of 19.6% during the forecast period. While the factors like the increasing need for data-driven decisions and rising pressure for player/team performance improvement are propelling the market growth. However, high initial investments and budget constraints are hampering market growth.
Sports Technology refers to the technology which is utilized to improve the sports experience and training with the use of advancements and innovations. Sports technology also improves fan engagement by influencing the way sports content is consumed. It also helps athletes improve their training and competitive surroundings, to enhance their overall athletic performance.
Based on the product, the smart stadium segment is estimated to have lucrative growth due to it assists in enhancing the audience experience and strengthening stadium security. The technology includes some cameras, sensors, and digital signage to supply real-time information on parking slots, ticketing lines, and food concessions, and other related information.
By geography, Europe is going to have a huge demand during the forecast period. Europe is home to several football leagues and most of these leagues have adopted technology in different forms. The stringent public safety regulations enforced by the governing bodies to ensure the security of the spectators and the stadiums are expected to drive the regional market.
Some of the key players profiled in the Sports Technology Market include Apple Inc., ChyronHego Corporation, Cisco Systems, Inc., HCL Technologies Limited, IBM Corporation, Infosys Limited, Modern Times Group MTG, Oracle, Panasonic Corporation, SAP SE, Sony Corporation, Stats LLC, Telefonaktiebolaget LM Ericsson, Sharp, Samsung, Ericsson, Fujitsu, and Valve Corporation.
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Report Coverage |
Details |
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Published Year: |
2021 |
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Estimated Market Size in 2020: |
USD 15.22 billion |
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Estimated Period: |
2020 |
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Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
19.6% |
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Predicted 2028 Value: |
USD 63.72 billion |
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Forecast Years: |
2021-2028 |
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Tables, Graphs & Figures |
469 |
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Chapters Covered: |
Product, Sports, Component, Sport Type, Technology, Application, End User and Region |
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Core Drivers and Opportunities: |
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Restraining Factors & Market Threats: |
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Products Covered:
• Device
• Sports Analytics & Statistics
• Esports
• Smart Stadium
Sports Covered:
• American Football/Rugby
• Baseball
• Basketball
• Cricket
• Tennis
• Golf
• Ice Hockey
• Soccer
• Cycling
• Other Sports
Components Covered:
• Software
• Wearable Devices and Sports Equipment
• Services
• Hardware
Sport Types Covered:
• Indoor Sports
• Outdoor Sports
Technologies Covered:
• Wearable Technology
• Tracking System/Hawk-Eye Technology
• Virtual Reality
• Artificial Intelligence/Machine Learning (AI/ML)
• Internet of Things (IoT)
• Broadcast Technology
Applications Covered:
• Active
• Passive
End Users Covered:
• Coaches
• Clubs
• Leagues
• Sports Associations
• Athletes & Sports Person
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Sports Technology Market is majorly driven by increasing need for data–driven decisions, increasing pressure for player/team performance improvement, and rising adoption of e-sports technology.
The American football/rugby segment is growing at the highest CAGR due to an improved understanding of the players tackle their opponents and their effect on the performance and health of players.
Europe dominated with a significant market share owing to the adoption of new advancements by leagues in the region and high investment in the sports industry.
Asia Pacific market is growing at a highest CAGR owing to the presence of a large number of market participants.
Key players in Sports Technology Market include Apple Inc., ChyronHego Corporation, Cisco Systems, Inc., HCL Technologies Limited, IBM Corporation, Infosys Limited, Modern Times Group MTG, Oracle, Panasonic Corporation, SAP SE, Sony Corporation, Stats LLC, Telefonaktiebolaget LM Ericsson, Sharp, Samsung, Ericsson, Fujitsu, and Valve Corporation.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 Application Analysis
3.9 End User Analysis
3.10 Emerging Markets
3.11 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Sports Technology Market, By Product
5.1 Introduction
5.2 Device
5.2.1 Sports Camera
5.2.2 Digital Signage
5.2.3 Wearables
5.2.3.1 Wristwear
5.2.3.2 Augmented Reality/Virtual Reality (AR/VR)
5.2.3.3 Smart Clothing
5.3 Sports Analytics & Statistics
5.3.1 Data Interpretation and Analysis
5.3.2 Fan Engagement and Digital Experience Analysis
5.3.3 Health Assessment
5.3.4 Player Analysis
5.3.5 Team Performance Analysis
5.3.6 Video Analysis
5.4 Esports
5.4.1 Sponsorship & Direct Advertisement
5.4.2 Tickets & Merchandise
5.4.3 Publisher Fees
5.4.4 Media Rights
5.5 Smart Stadium
5.5.1 Building Automation
5.5.1.1 Facility Management Systems
5.5.1.2 Energy Management Systems
5.5.2 Event Management
5.5.2.1 Event Marketing and Registration
5.5.2.2 Workforce Management
5.5.3 Network Management
5.5.4 Crowd Management
5.5.5 Stadium & Public Security
5.5.5.1 Video Surveillance
5.5.5.2 Physical Security Information Management (PSIM)
5.5.5.3 Security Scanning, Imaging, and Metal Detection
5.5.5.4 Emergency and Disaster Management
5.5.5.5 Cybersecurity
5.5.5.6 Access Control
5.5.6 Digital Content Management
5.5.6.1 Mobile and Content Management
5.5.6.2 Audio and Video Management
6 Global Sports Technology Market, By Sports
6.1 Introduction
6.2 American Football/Rugby
6.3 Baseball
6.4 Basketball
6.5 Cricket
6.6 Tennis
6.7 Golf
6.8 Ice Hockey
6.9 Soccer
6.10 Cycling
6.11 Other Sports
6.11.1 Swimming
6.11.2 Athletics
6.11.3 Badminton
7 Global Sports Technology Market, By Component
7.1 Introduction
7.2 Software
7.2.1 On-Premise
7.2.2 Cloud
7.3 Wearable Devices and Sports Equipment
7.4 Services
7.4.1 Support and Maintenance
7.4.2 Training and Implementation
7.4.3 Managed/Outsourced Services
7.4.4 Consulting
7.4.5 Deployment and Integration
7.5 Hardware
8 Global Sports Technology Market, By Sport Type
8.1 Introduction
8.2 Indoor Sports
8.3 Outdoor Sports
9 Global Sports Technology Market, By Technology
9.1 Introduction
9.2 Wearable Technology
9.3 Tracking System/Hawk-Eye Technology
9.4 Virtual Reality
9.9 Artificial Intelligence/Machine Learning (AI/ML)
9.6 Internet of Things (IoT)
9.7 Broadcast Technology
10 Global Sports Technology Market, By Application
10.1 Introduction
10.2 Active
10.2.1 Decision Making
10.2.2 Tracking
10.3 Passive
10.3.1 Game Performance Analysis
10.3.2 Injury and Health Analysis
10.3.3 Tactics and Simulation
10.3.4 Team Analysis and Management
10.3.5 Training
11 Global Sports Technology Market, By End User
11.1 Introduction
11.2 Coaches
11.3 Clubs
11.4 Leagues
11.5 Sports Associations
11.6 Athletes & Sports Person
12 Global Sports Technology Market, By Geography
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Australia
12.4.5 New Zealand
12.4.6 South Korea
12.4.7 Rest of Asia Pacific
12.5 South America
12.5.1 Argentina
12.5.2 Brazil
12.5.3 Chile
12.5.4 Rest of South America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.2 UAE
12.6.3 Qatar
12.6.4 South Africa
12.6.5 Rest of Middle East & Africa
13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launch
13.4 Expansions
13.5 Other Key Strategies
14 Company Profiling
14.1 Apple Inc.
14.2 ChyronHego Corporation
14.3 Cisco Systems, Inc.
14.4 HCL Technologies Limited
14.5 IBM Corporation
14.6 Infosys Limited
14.7 Modern Times Group MTG
14.8 Oracle
14.9 Panasonic Corporation
14.10 SAP SE
14.11 Sony Corporation
14.12 Stats LLC
14.13 Telefonaktiebolaget LM Ericsson
14.14 Sharp
14.15 Samsung
14.16 Ericsson
14.17 Fujitsu
14.18 Valve Corporation
List of Tables
1 Global Sports Technology Market Outlook, By Region (2019-2028) ($MN)
2 Global Sports Technology Market Outlook, By Product (2019-2028) ($MN)
3 Global Sports Technology Market Outlook, By Device (2019-2028) ($MN)
4 Global Sports Technology Market Outlook, By Sports Camera (2019-2028) ($MN)
5 Global Sports Technology Market Outlook, By Digital Signage (2019-2028) ($MN)
6 Global Sports Technology Market Outlook, By Wearables (2019-2028) ($MN)
7 Global Sports Technology Market Outlook, By Sports Analytics & Statistics (2019-2028) ($MN)
8 Global Sports Technology Market Outlook, By Data Interpretation and Analysis (2019-2028) ($MN)
9 Global Sports Technology Market Outlook, By Fan Engagement and Digital Experience Analysis (2019-2028) ($MN)
10 Global Sports Technology Market Outlook, By Health Assessment (2019-2028) ($MN)
11 Global Sports Technology Market Outlook, By Player Analysis (2019-2028) ($MN)
12 Global Sports Technology Market Outlook, By Team Performance Analysis (2019-2028) ($MN)
13 Global Sports Technology Market Outlook, By Video Analysis (2019-2028) ($MN)
14 Global Sports Technology Market Outlook, By Esports (2019-2028) ($MN)
15 Global Sports Technology Market Outlook, By Sponsorship & Direct Advertisement (2019-2028) ($MN)
16 Global Sports Technology Market Outlook, By Tickets & Merchandise (2019-2028) ($MN)
17 Global Sports Technology Market Outlook, By Publisher Fees (2019-2028) ($MN)
18 Global Sports Technology Market Outlook, By Media Rights (2019-2028) ($MN)
19 Global Sports Technology Market Outlook, By Smart Stadium (2019-2028) ($MN)
20 Global Sports Technology Market Outlook, By Building Automation (2019-2028) ($MN)
21 Global Sports Technology Market Outlook, By Event Management (2019-2028) ($MN)
22 Global Sports Technology Market Outlook, By Network Management (2019-2028) ($MN)
23 Global Sports Technology Market Outlook, By Crowd Management (2019-2028) ($MN)
24 Global Sports Technology Market Outlook, By Stadium & Public Security (2019-2028) ($MN)
25 Global Sports Technology Market Outlook, By Digital Content Management (2019-2028) ($MN)
26 Global Sports Technology Market Outlook, By Sports (2019-2028) ($MN)
27 Global Sports Technology Market Outlook, By American Football/Rugby (2019-2028) ($MN)
28 Global Sports Technology Market Outlook, By Baseball (2019-2028) ($MN)
29 Global Sports Technology Market Outlook, By Basketball (2019-2028) ($MN)
30 Global Sports Technology Market Outlook, By Cricket (2019-2028) ($MN)
31 Global Sports Technology Market Outlook, By Tennis (2019-2028) ($MN)
32 Global Sports Technology Market Outlook, By Golf (2019-2028) ($MN)
33 Global Sports Technology Market Outlook, By Ice Hockey (2019-2028) ($MN)
34 Global Sports Technology Market Outlook, By Soccer (2019-2028) ($MN)
35 Global Sports Technology Market Outlook, By Cycling (2019-2028) ($MN)
36 Global Sports Technology Market Outlook, By Other Sports (2019-2028) ($MN)
37 Global Sports Technology Market Outlook, By Swimming (2019-2028) ($MN)
38 Global Sports Technology Market Outlook, By Athletics (2019-2028) ($MN)
39 Global Sports Technology Market Outlook, By Badminton (2019-2028) ($MN)
40 Global Sports Technology Market Outlook, By Component (2019-2028) ($MN)
41 Global Sports Technology Market Outlook, By Software (2019-2028) ($MN)
42 Global Sports Technology Market Outlook, By On-Premise (2019-2028) ($MN)
43 Global Sports Technology Market Outlook, By Cloud (2019-2028) ($MN)
44 Global Sports Technology Market Outlook, By Wearable Devices and Sports Equipment (2019-2028) ($MN)
45 Global Sports Technology Market Outlook, By Services (2019-2028) ($MN)
46 Global Sports Technology Market Outlook, By Support and Maintenance (2019-2028) ($MN)
47 Global Sports Technology Market Outlook, By Training and Implementation (2019-2028) ($MN)
48 Global Sports Technology Market Outlook, By Managed/Outsourced Services (2019-2028) ($MN)
49 Global Sports Technology Market Outlook, By Consulting (2019-2028) ($MN)
50 Global Sports Technology Market Outlook, By Deployment and Integration (2019-2028) ($MN)
51 Global Sports Technology Market Outlook, By Hardware (2019-2028) ($MN)
52 Global Sports Technology Market Outlook, By Sport Type (2019-2028) ($MN)
53 Global Sports Technology Market Outlook, By Indoor Sports (2019-2028) ($MN)
54 Global Sports Technology Market Outlook, By Outdoor Sports (2019-2028) ($MN)
55 Global Sports Technology Market Outlook, By Technology (2019-2028) ($MN)
56 Global Sports Technology Market Outlook, By Wearable Technology (2019-2028) ($MN)
57 Global Sports Technology Market Outlook, By Tracking System/Hawk-Eye Technology (2019-2028) ($MN)
58 Global Sports Technology Market Outlook, By Virtual Reality (2019-2028) ($MN)
59 Global Sports Technology Market Outlook, By Artificial Intelligence/Machine Learning (AI/ML) (2019-2028) ($MN)
60 Global Sports Technology Market Outlook, By Internet of Things (IoT) (2019-2028) ($MN)
61 Global Sports Technology Market Outlook, By Broadcast Technology (2019-2028) ($MN)
62 Global Sports Technology Market Outlook, By Application (2019-2028) ($MN)
63 Global Sports Technology Market Outlook, By Active (2019-2028) ($MN)
64 Global Sports Technology Market Outlook, By Decision Making (2019-2028) ($MN)
65 Global Sports Technology Market Outlook, By Tracking (2019-2028) ($MN)
66 Global Sports Technology Market Outlook, By Passive (2019-2028) ($MN)
67 Global Sports Technology Market Outlook, By Game Performance Analysis (2019-2028) ($MN)
68 Global Sports Technology Market Outlook, By Injury and Health Analysis (2019-2028) ($MN)
69 Global Sports Technology Market Outlook, By Tactics and Simulation (2019-2028) ($MN)
70 Global Sports Technology Market Outlook, By Team Analysis and Management (2019-2028) ($MN)
71 Global Sports Technology Market Outlook, By Training (2019-2028) ($MN)
72 Global Sports Technology Market Outlook, By End User (2019-2028) ($MN)
73 Global Sports Technology Market Outlook, By Coaches (2019-2028) ($MN)
74 Global Sports Technology Market Outlook, By Clubs (2019-2028) ($MN)
75 Global Sports Technology Market Outlook, By Leagues (2019-2028) ($MN)
76 Global Sports Technology Market Outlook, By Sports Associations (2019-2028) ($MN)
77 Global Sports Technology Market Outlook, By Athletes & Sports Person (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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