In 2022, the market for sports technology was estimated to be worth USD 13514.8 million.
The market for sports technology is anticipated to increase at a CAGR of 21.80% from 2023 to 2030, reaching USD 65461.79 million in 2030.
Smart wearables are the most popular category of wearable technology.
Performance tracking systems, by athlete performance analysis, is the notable segment.
The top players include Apple, Inc.; Catapult Group; ChyronHego Corp.; Cisco Systems, Inc.; HCL Technologies Ltd.; IBM Corp.; Infosys Ltd.; Modern Times Group MTG; Oracle; Panasonic Corporation; SAP SE; Sony Corporation; Stats LLC; Telefonaktiebolaget LM Ericsson; Amazon Web Services Inc.; DELTATRE; Ernst & Young Global Limited; Genius Sports Group; Microsoft Corporation; SAS Institute Inc.; Sportradar AG; Synergy Sports; CBS Sports Digital; Draft Kings, Inc; Dream 11 (Sporta Technologies Pvt. Ltd.); Dream Sports Group; FanDuel Group and others.