Press release
Global Sports Technology Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
Sports Technology
What Is the Projected Growth of the Sports Technology Market?
The market size of sports technology has experienced significant growth in the past few years. It is projected to increase from $20.73 billion in 2024 to $24.23 billion in 2025, boasting a compound annual growth rate (CAGR) of 16.9%. Factors contributing to this historical growth include the globalization of sports, improvements in sports broadcasting, the introduction of smart stadiums, innovation in sports equipment, and an increased emphasis on athlete safety.
The advancements in sports technology sector is projected to experience a drastic surge in the coming years, culminating to an estimated worth of $45.48 billion by 2029, with a CAGR of 17.1%. This hopeful prediction can be credited to factors such as the production of intelligent sportswear, improvements in platforms that engage fans, developing e-sports facilities, alterations in regulations, and reinforcing the power of athletes, along with sustainability efforts in sports amenities. As we look forward, emerging trends such as biomechanics, motion analysis, digital broadcasting, streaming, the use of robotics in sports training, the convergence of social media, athlete tracking systems, and the incorporation of e-sports and gaming are expected to shape the forecasts.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9126
What Are the Emerging Segments Within the Sports Technology Market?
The sports technology market covered in this report is segmented -
1) By Sports Type: Baseball, Basketball, Cricket, Ice Hockey, Tennis, Soccer, Rugby
2) By Technology: Device, Smart Stadium, Esports, Sports Analytics
3) By End-User: Sports Associations, Clubs, Leagues, Athletes, Coaches
Subsegments:
1) By Baseball: Performance Analytics Tools, Wearable Sensors, Training Aids
2) By Basketball: Shot Tracking Systems, Wearable Performance Monitors, Video Analysis Software
3) By Cricket: Ball Tracking Technology, Player Performance Analytics, Training Simulators
4) By Ice Hockey: Puck Tracking Systems, Wearable Monitoring Devices, Video Analysis Tools
5) By Tennis: Smart Tennis Rackets, Match Analysis Software, Player Tracking Systems
6) By Soccer: GPS Tracking Devices, Video Analysis And Coaching Tools, Performance Monitoring Software
7) By Rugby: Player Monitoring Technologies, Match Analysis Tools, Wearable Sensors
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9126&type=smp
What Long-Term Drivers Are Shaping Sports Technology Market Trends?
The increasing popularity of eSports is significantly fueling the expansion of the sports technology market. eSports, which are video gaming tournaments organized for audiences to witness, provide an experience similar to watching a professional sports event. They employ sports technology for the digital broadcast of these gaming contests to a wider population, thanks to improved internet speed and connectivity, and enhancement in graphics guarantees an exceptional viewer experience. A report by Esports News UK, a UK-based digital news outlet providing daily esports updates, highlighted in May 2024 that UK games event and venues revenues escalated by 140% annually, hitting £10.3 ($11.05) million in 2023 from £4.35 ($4.66) million in 2022. Consequently, the upsurge in eSports popularity will stimulate the sports technology market.
Who Are the Top Competitors in Key Sports Technology Market Segments?
Major companies operating in the sports technology market include Apple Inc., ChyronHego Corporation, Cisco Systems Inc., HCL Technologies Limited, Infosys Limited, Oracle, Panasonic Corporation, SAP SE, Sony Corporation, Stats LLC, Telefonaktiebolaget LM Ericsson, Agile Sports Technologies Inc., Athlete Intelligence, Catapult Group International Ltd., Chetu Inc., Firstbeat Technologies Oy, International Business Machines Corporation, Genius Sports, VICIS, Stack Sports, Playermaker, Strava, Nextiles, Proteus, ShotTracker, Zebra Technologies, Hawk-Eye Innovations, Sportradar, Kinexon, PlaySight Interactive, Sparta Science, MyVert, Blast Motion, CoachMePlus, Krossover Intelligence, Hudl, Coach Logic, SPT Sports, Fusion Sport, Kinduct Technologies, Kitman Labs
What Sports Technology Market Trends Are Gaining Traction Across Different Segments?
The key players in the sports technology market are prioritizing the creation of innovative performance-tracking gadgets to enhance player performance, gameplay, and spectator participation. These wearable devices, designed to monitor and dissect an individual's physical activities, aid users in evaluating their performance, creating objectives, and refining training schedules with immediate feedback. In June 2024, for example, STATSports Group Limited, a company based in the UK, released an APEX device, a high-tech tool for monitoring athlete performance. It incorporates advanced features like an augmented 18Hz GPS and a 600Hz accelerometer to achieve unmatched accuracy. This device is capable of processing over 50 metrics in real-time, supplying teams with live data that aligns seamlessly with post-training downloads. Thanks to its ground-breaking MAPPS technology, it can live-stream data with centimeter-level accuracy in various settings, including indoor and stadium environments. The APEX device, built in response to client feedback, is being considered for use across major sporting events, including the NFL, NBA, and English Premier League, promising to revolutionize the way player performance is tracked.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/sports-technology-global-market-report
Which Regions Are Becoming Hubs for Sports Technology Market Innovation?
North America was the largest region in the sports technology market in 2024. The regions covered in the sports technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Sports Technology Market?
2. What is the CAGR expected in the Sports Technology Market?
3. What Are the Key Innovations Transforming the Sports Technology Industry?
4. Which Region Is Leading the Sports Technology Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Sports Technology Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities here
News-ID: 3982621 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Sport
Devyzz Sport Launch
Paris, 16 July 2025 - Devyzz is proud to announce the official launch of Devyzz Sport, its new division entirely dedicated to professionals in the world of elite sport. The aim is to support clubs, agents, athletes, and sports equipment manufacturers in managing their foreign currency flows with greater transparency, competitiveness, expertise, and personalised guidance.
This launch is backed by a high-profile investor : Sébastien Haller, international Ivorian footballer and 13th…
Project Sport Launches Podcast to Pioneer Positive Change Through Sport
Derby, UK - 16th October 2023. Project Sport, an organisation committed to harnessing the transformative power of sports, is excited to announce the launch of its new podcast, Wider Goals.
Hosted by sports broadcaster and performance coach Matt Roberts, Wider Goals is a brand-new podcast featuring conversations with some of the world's leading pioneers, revealing key insights on how we can make the world a better place through sport.
From…
Power Sport Vehicle Tire
Global Info Research announces the release of the report "Global Power Sport Vehicle Tire Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029" . The report is a detailed and comprehensive analysis presented by region and country, type and application. As the market is constantly changing, the report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many…
Padel Sports Market Set for More Growth : Everysport Media, Dunlop Sport, Head S …
Latest added Padel Sports Market research study by AMA Research offers detailed outlook and elaborates market review till 2027. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are Wilson Sporting Goods Company (United States), Dunlop Sport (United Kingdom), Head Sport GmbH (Austria), Prince Padel…
Sport Footwear Market To See Stunning Growth | Fila, Under Armour, Lotto Sport
Latest research study from HTF MI on Worldwide Sport Footwear Market provides a comprehensive analysis of the Worldwide Sport Footwear. It includes the primary investigations to cover historical progress, ongoing market scenarios, and future prospects defined with an accurate data of the products, strategies and market shares of leading companies to help manufacturers locate market position. The report presents a 360-degree overview of the competitive scenario of the overall market…
Water Sport Footwear Market is Booming Worldwide | Adidas, ASICS, Fila, Under Ar …
A new business intelligence report released by HTF MI with title "Global Water Sport Footwear Market Research Report 2019" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Water Sport Footwear Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived…
