Sports Technology Market Size- Industry Share, Growth, Trends and Forecast 2027

Posted on Mar 10 2021 12:53 PM

"The global Sports Technology market size was valued at USD 10.34 Billion in 2020 and is expected to expand at a (CAGR) of 18.5% from 2020 to 2027. "

The Sports Technology market report focuses on the economic developments and consumer spending trends across different countries for the forecast period 2020 to 2027. The research further reveals which countries and regions will have a better standing in the years to come.  Apart from this, the study talks about the growth rate, market share as well as the recent developments in the Sports Technology industry worldwide. Besides, the special mention of major market players adds importance to the overall market study.  

The subject matter experts conducting the study offer a deep understanding of how prominent leaders have managed to navigate the potential buyers and competitive dynamics influencing their brand positioning in the industry The Sports Technology market analysis provides everything a business owner needs in order to succeed.

Europe accounted for largest revenue share contribution to the global sports technology market in 2020. Increasing adoption of advanced technologies in the sports industry is driving market growth in the region.

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Here are the questions we answer... 

What are the future opportunities in store for the vendors operating in the Sports Technology market?

What does the competitive landscape look like?

Which emerging technologies are believed to impact the Sports Technology market performance?

What are the key trends and dynamics?

Which regulations that will impact the industry?

Which segment will offer the most opportunity for growth between 2020 and 2027?

Where will most developments take place in the long term?

Who are the most prominent vendors and how much market share do they occupy?

What are the latest technologies or discoveries influencing the Sports Technology market growth worldwide?

The research takes a closer look at prominent factors driving the growth rate of the prominent product categories across major geography. Furthermore, the study covers a lot of the sales, gross margin, consumption capacity, spending power and customer preference across various countries. The report offers clear indications how the Sports Technology market is expected to witness numerous exciting opportunities in the years to come. Critical aspects including the growing requirement, demand and supply status, customer preference, distribution channels and others are presented through resources such as charts, tables, and infographics.  

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Some Key Highlights in the Report

In June 2019, IBM & FOX Sports teamed up to transform the production of the 2019 FIFA Women’s World Cup France event. This helped to transform the production of the event by infusing Artificial Intelligence analysis and live streaming during the game.

The soccer segment accounted for largest revenue share 2020, driven by rising adoption of advanced technologies such as AI, big data analytics, cloud services, drones, and wearables.

Devices segment revenue is expected to expand at a rapid CAGR during the forecast period. Benefits offered by wearable devices include workout injury prevention, player safety assessment tool, and metrics of physical conditioning and performance, which is boosting demand for wearables.

Key players in the market include IBM, Ericsson, Cisco, Fujitsu, SAP SE, Oracle, NEC Corp., LG, Sharp Corporation, and Samsung

Sports Outlook (Revenue, USD Billion; 2021–2028)






American Football/Rugby


Technology Outlook (Revenue, USD Billion; 2021–2028)



Smart Stadium

Sports Analytics

Regional Outlook (Revenue, USD Billion; 2021–2028)

North America


Asia Pacific

Latin America

Middle East & Africa

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Report Objectives

Examine the size of the global Sports Technology market based on the parameters of value and volume.

Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Sports Technology market.Explore the underlying dynamics of the global Sports Technology market.

Highlight significant trends of the global Sports Technology market based on factors including, production, revenue, and sales.

Extensively profile top players of the global Sports Technology market and showing how they compete in the industry.

Study manufacturing processes and the costs, product pricing, and various trends associated with them.

Analyze the performance of different regions and countries in the global Sports Technology market.

Forecast the market size and share of all segments and regions in the global landscape.

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2020-2028

Chapter 3. Key Insights

Chapter 4. Sports Technology Market Segmentation & Impact Analysis

Chapter 5. Sports Technology Market By Application Insights & Trends, Revenue (USD Billion)

Chapter 6. Sports Technology Market By Sensor Type Insights & Trends Revenue (USD Billion)

Chapter 7. Sports Technology Market By Network Technology Insights & Trends, Revenue (USD Billion)