Sports Technology Market Scope And Analysis

Report Code : TIPRE00004095
Category : Electronics and Semiconductor

No. of Pages : 150

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Sports Technology Market Scope and Key Players Analysis by 2031

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Sports Technology Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 39.73 Billion
Market Size by 2031	US$ 112.39 Billion
Global CAGR (2023 - 2031)	13.9%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Component Hardware Software Services By Technology Tracking System/Hawk-Eye Technology Broadcast Technology Virtual Reality Wearable Technology Other Technologies
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Catapult STATSports Fitbit Samsung Xiaomi Oracle Huawei Panasonic NEC Corporation COROS

Sports Technology Market News and Recent Developments

The Sports Technology Marketis evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:

In November 2023, Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, announced it had collaborated with Amazon Web Services (AWS) to build a sports cloud platform. The offering focuses on building next-generation digital capabilities for sports organizations and delivering immersive and personalized experiences to sporting enthusiasts worldwide. The sports cloud offering is the result of a Strategic Collaboration Agreement (SCA) signed between the two organizations in September 2023, with a shared vision to bring the sports institutions closer to the fans and the fans closer to the action. The SCA supports ease of access for Tech Mahindra to AWS resources and services and allows both entities to participate in joint go-to-market initiatives and drive business growth. (Source: Tech Mahindra, Press Release, 2023)
In March 2024, Atos announced the plan to open a pioneering Sports Technology Centre of Excellence within a newly established Atos MENA HQ in the second quarter of 2024 in Riyadh, Saudi Arabia. Announced at LEAP 2024, the Centre of Excellence will leverage Atos’ global track record in providing best-in-class IT services and solutions to global sporting events. The Centre will develop cutting-edge technology applications to benefit athletes, fans, and the sports movement in Saudi Arabia. (Source: Atos, Press Release, 2024)

Sports Technology Market Report Coverage and Deliverables

The “Sports Technology Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Market dynamics such as drivers, restraints, and key opportunities
Key future trends
Detailed PEST/Porter’s Five Forces and SWOT analysis
Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
Detailed company profiles