Sports Technology Market Companies, Share, Forecast, Overview and Analysis by 2028


Increasing number of smart sports stadiums and rising adoption of new and more advanced technologies in the sports industry are some key factors driving market growth.

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The global sports technology market size is expected to reach USD 40.22 Billion by 2028 and register a robust double-digit CAGR over the forecast period, according to latest analysis by Emergen Research. The report provides detailed insights into Sports Technology market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Sports Technology market size over the forecast period, 2020–2028. The report includes profiles of major Sports Technology players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Also included are details regarding top Sports Technology market players, manufacturers, and vendors and the various strategies being deployed in the market and objectives for these strategies.

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Steady growth of the market can be attributed to increasing adoption of new technologies in the sports industry such as big data analytics, Artificial Intelligence (AI), cloud services, wearables, and drones.  Global Sports Technology market revenue growth is primarily driven by rising focus by major companies on product portfolio expansion, entry into new and untapped domestic and international markets, rising investments my top Sports Technology market players, manufacturers, and vendors in strategic agreements and contracts, and rapidly increasing competition in the Sports Technology market. In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Sports Technology market share contribution of these countries. In addition, Sports Technology market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.

Top key vendors in Sports Technology Market include are:

IBM, Ericsson, Cisco, Fujitsu, SAP SE, Oracle, NEC Corp., LG, Sharp Corporation, and Samsung

Emergen Research has segmented the global sports technology market on the basis of sports, technology, and region:

  • Sports Outlook (Revenue, USD Billion; 2021–2028)
    • Baseball
    • Soccer
    • Basketball
    • Cricket
    • Tennis
    • American Football/Rugby
    • Others
  • Technology Outlook (Revenue, USD Billion; 2021–2028)
    • Esports
    • Device
    • Smart Stadium
    • Sports Analytics
  • Regional Outlook (Revenue, USD Billion; 2021–2028)
    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. U.K.
      2. Germany
      3. France
      4. Italy
      5. Spain
      6. BENELUX
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Rest of MEA

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In terms of Sports Technology market share and revenue contribution to the global Sports Technology market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Sports Technology market share.

The market intelligence report on the Sports Technology Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.

Region wise performance of the Sports Technology industry

North America Sports Technology market revenue growth was relatively higher than that of other regional markets in 2020. North America Sports Technology market revenue is expected to continue to remain dominant over the forecast period, supported by robust presence of top market players, manufacturers, and vendors, and favorable government policies and norms in countries in the region.  

Asia Pacific Sports Technology market revenue registered fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Sports Technology market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. China is a robust hub for top Sports Technology market players, manufacturers, and vendors, as well as easy access to raw materials and workforce at more economical costs that that of other regional markets.

Europe Sports Technology market revenue is expected to continue to remain steady over the forecast period, attributed to changing trends in various market and robust focus on research and development initiatives by top market players, manufacturers, and vendors to expand global footprint and drive revenues and profits.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa

We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting [email protected] https://www.emergenresearch.com/request-for-customization/542

The research provides answers to the following key questions:

  • What will be the growth rate and the market size of the Sports Technology industry for the forecast period 2020-2027?
  • What are the major driving forces expected to impact the development of the Sports Technology market across different regions?
  • Who are the major driving forces expected to decide the fate of the Sports Technology industry worldwide?
  • Who are the prominent market players making a mark in the Sports Technology market with their winning strategies?
  • Which Sports Technology industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
  • What are the key barriers and threats believed to hinder the development of the industry?
  • What are the future opportunities in the Sports Technology market?

Table of Content

Chapter 1. Methodology Sources

    1.1. Sports Technology 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. Sports Technology Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2021-2028

Chapter 3. Key Insights

Chapter 4. Sports Technology Market Segmentation Impact Analysis

    4.1. Sports Technology Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Sports Technology Market indicators analysis

          4.2.2. Sports Technology Market drivers analysis

                    4.2.2.1. Rapid urbanization and industrialization

                    4.2.2.2. Stringent government regulations regarding carbon emissions

                    4.2.2.3. Increasing prevalence of respiratory diseases

                    4.2.2.4. Rising need to enhance indoor air quality

          4.2.3. Sports Technology Market restraints analysis

                    4.2.3.1. High cost associated with the maintenance of Sports Technology products

                    4.2.3.2. Availability of renewable sources of energy

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 10. Competitive Landscape

    10.1. Sports Technology Market Revenue Share By Manufacturers

    10.2. Mergers Acquisitions

    10.3. Competitor’s Positioning

    10.4. Strategy Benchmarking

    10.5. Vendor Landscape

          10.5.1. Raw Material Suppliers

                    10.5.1.1. North America

                    10.5.1.2. Europe

                    10.5.1.3. Asia Pacific

                    10.5.1.4. Middle East Africa

                    10.5.1.5. Latin America

          10.5.2. Distributors

                    10.5.2.1. North America

                    10.5.2.2. Europe

                    10.5.2.3. Asia Pacific

                    10.5.2.4. Middle East Africa

                    10.5.2.5. Latin America

          10.5.3. Others

Continued….

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