This Report Provides In-Depth Analysis of the Sports Technology Market Report Prepared by P&S Intelligence, Segmented by Technology (Devices, Smart Stadiums, Esports, Sports Analytics), Sport (Soccer, Baseball, Basketball, Ice Hockey, American Football/Rugby, Tennis, Cricket, Golf), and Geographical Outlook for the Period of 2019 to 2032
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Sports Technology Market Future Outlook
The sports technology market size stood at USD 16.8 billion in 2024, and it is expected to advance at a compound annual growth rate of 21.1% during 2024–2032, to reach USD 76.9 billion by 2032.
This market is driven by the rising focus on entertaining and managing fans at stadiums, the increasing focus on player improvement and team performance, the surging adoption of e-sports technology, and the presence of a large number of game associations across the globe.
The usage of artificial intelligence in games has resulted in automated ticket sales, enhanced athlete output in leagues or matches, improved athlete training, and boosted athlete performance. For instance, AI can offer real-time feedback during weight training to maximize the results of an exercise and develop specialized training plans. It is projected that throughout the forecast period, the application of AI and IoT will present a profitable potential for the expansion of the market.
Additionally, industry participants today are making efforts to boost the usage of technologies in games, with the aid of AI and cameras, which nowadays capture sporting events and also select highlights of a game for distribution to TV platforms or mobile devices. Also, a natural language feature has been developed that converts raw data from minor league games into readable blogs.
Sports Technology Market Trends & Drivers
Integration of Artificial Intelligence and Machine Learning
The combination of AI and ML serves to analyze athlete performance through analyzing information from wearables, video footages, and training sessions for real-time evaluations of athlete performance and guidance.
The systems help prevent injuries since they predict signs of stress & fatigue along with movement patterns leading to physical damage.
Strategic game planning for teams is done by using AI technology analytics, which analyzes opponent behavior and reviews past performances and game situations.
Scouting activities benefit from machine learning algorithms that analyze data involving thousands of athletes across multiple leagues to predict their playing potential.
The use of AI provides fans with better engagement by offering custom content suggestions, live match chatting robots, and digital interactivity.
Broadcasters in the sports industry are now using artificial intelligence to generate automated highlight segments while providing real-time data analytics, which enhances viewership through expert commentary based on statistical information.
Competitive sports obtain more accurate and fair decision-making through the integration of AI technology that supports VAR and goal-line systems.
For instance, in April 2025, the European Union granted full antitrust approval to Liberty Media's €3.5 billion purchase of Dorna Sports because the owner of Formula One received this approval.
Rising Demand for Data-Driven Decision-Making in Professional Sports Drives Growth
Modern professional sports entities spend more funds on analytics tools that enable performance monitoring of player measures like speed, together with endurance and heart rate data and recovery duration, which drives demand for such sports technologies
Through data analysis, coaches plan which players to start matches and set both levels of practice intensity and strategies to achieve better performance results.
Continuously tracked data from wearable devices enables teams to perform constant athlete need-based training regime modifications.
Professional sporting clubs use performance analytics data as a preventive measure for athlete injuries to track premature exhaustion symptoms and unstable movements in their athletes.
Scouts and administrators enhance their ability to evaluate talent potential through data-based recruitment procedures that evaluate sustained performance achievements.
Teams make tactical decisions, including formation changes and player replacements, by implementing data simulation models and predictive analytical methods.
Schools and teams use high-quality data from GPS trackers, video analysis, and biometric sensors to encourage the adoption of technology in all sports.
Sports Technology Market Segmentation and Category Analysis
Technology Insights
The devices category is the largest, holding 40% of the revenue share in 2024. This is because they have become popular in professional and consumer sports. Portable wearable gadgets accessible to all users present quantitative fitness indicators through built-in heart rate monitors and distance trackers that provide instant practical benefits for recovery scoring, and caloric and heart rate measurements. These devices serve professional athletes, but amateur players, coaches, and fitness enthusiasts have adopted them, thus expanding their market reach. The market segment keeps thriving because health-conscious living, focus on injury prevention, and enhanced personal performance continue to grow.
The sports Analytics is the fastest-growing category as it is expected to grow at a CAGR of 21.2% during the forecast period. This is because professional sports organizations increasingly use data to make decisions in competitive sports. Sports organizations and professional teams dedicate significant resources towards analytics platforms to support both their strategic decisions regarding player acquisition, injury prevention efforts, real-time strategy making functions, and team assessment tasks. Analytics platforms serve multiple operations ranging from player monitoring through video examination, health evaluation, and audience engagement thus serving as essential equipment for sporting businesses in all game-related and administrative sports decisions.
AI and machine learning advancements and extensive sports data accessibility drive quick innovation throughout this field. The segment of analytics will experience sustained rapid growth in the forthcoming years because analytics has become essential for gaining competitive advantage.
The technologies analyzed here are:
Devices (Largest Category)
Wearables
Digital Signage
Sports Cameras
Smart Stadiums
Digital Content Management
Stadium and Public Security
Building Automation
Event Management
Network Management
Crowd Management
Esports
Media Rights
Ticket Sales and Merchandise
Sponsorships and Advertisements
Publisher Fees
Sports Analytics (Fastest-Growing Category)
Player Analysis
Team Performance Analysis
Video Analysis
Health Assessment
Data Analysis and Interpretation
Fan Engagement
Broadcast Management
Sport Insights
The soccer is the largest category, as it held 35% revenue share in 2024. The sport continues to rule as a result of its enormous worldwide fan support along with the universal implementation of improved technologies to track athletes and please fans. Advanced technologies that connect real-time performance tracking devices with VAR systems, which provide semi-automated offside decisions to enhance referee accuracy and enrich viewing experiences, are being used in soccer. Modern technological developments, together with soccer's worldwide popularity, have made the sport dominate its market position.
The basketball is the fastest-growing category, as it is expected to grow at a CAGR of 21.5% during the forecast period. The market growth results from how organizations apply data analytics and wearable technologies for tracking player performance data through heart rate metrics, speed measurements, and movement pattern analysis. The NBA and other organizations dedicate resources to buying advanced analytics systems and sensor-based technologies that lead to better player performance and better strategic decisions. VR and AR enhancements create better connections between fans which boosts basketball technology expansion in the market.
The sports analyzed here are:
Soccer (Largest Category)
Baseball
Basketball (Fastest-Growing Category)
Ice Hockey
American Football/Rugby
Tennis
Cricket
Golf
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Sports Technology Market Geographical Analysis
The Europe is the largest category, as it held 35% revenue share in 2024. This is because the Europe has some of the most popular and successful sports leagues in the world. These leagues have big budgets and lots of loyal fans, which leads to strong investment in sports technology. European countries also have advanced sports facilities, including smart stadiums that use things like IoT, virtual and augmented reality, and real-time data tracking. Sports clubs and organizations in Europe are quick to use new technologies like wearable devices, video analysis tools, and AI-powered coaching systems.
The Asia-Pacific is the fastest-growing category, as it is expected to grow at a CAGR of 22% during the forecast period. This is because countries like India and China are seeing a big rise in interest in sports, especially in cricket, football, and esports. As people have more money to spend, more of them are buying things like fitness trackers, smart sports clothing, and home workout devices.
This region is also quick to use new technology, especially on smartphones, which is helping things like sports streaming, fantasy sports, and fitness apps grow fast. Esports are growing really fast here too and is now seen as a big part of sports tech. Things like wearables, VR/AR fitness apps, and online coaching are becoming more common, especially in cities.
The regions analyzed here are:
North America
U.S.
Canada
Europe (Largest Category)
France
Germany
Italy
Spain
U.K.
Rest of Europe
Asia-Pacific (Fastest-Growing Category)
China
India
Japan
South Korea
Australia
Rest of APAC
Latin America
Brazil
Mexico
Rest of LATAM
Middle East and Africa
Saudi Arabia
South Africa
U.A.E.
Rest of MEA
Sports Technology Market Competitive Landscape
The sports technology market displays fragmentation since it contains both worldwide technology leaders Apple Inc., IBM, and Samsung alongside specialized companies Hawk-Eye Innovations and Catapult Sports. Various technology solutions exist within sports technology markets because these companies focus on wearable devices in addition to sports data analysis, AI video platforms, and smart stadium developments. Each company controls a different segment of the market since they focus on specialized technologies that serve individual sports conditions. Market competitiveness increases because of diverse providers which makes innovation alongside strategic partnerships essential for companies to establish their market position.
The market fragmentation exists because sports technology solutions serve multiple applications throughout soccer, basketball, tennis and American football. New market participants and startups emerge due to rising customer needs for tailored solutions extending from athlete performance analytics to safety protection systems, stadium connection services, and official sports referee assistance systems. Specialized providers entering the market continuously leads to the prevention of market consolidation while fostering ongoing technological progress.
Key Sports Technology Companies:
Fitbit LLC
IBM
Telefonaktiebolaget LM Ericsson
Cisco Systems Inc.
Fujitsu Limited
SAP SE
Oracle
LG Electronics
Samsung Electronics Co., Ltd.
Apple Inc.
Sony Group Corporation
Catapult Sports
Sports Technology Market News & Updates
In April 2025, Warner Bros. Discovery Sports Europe and Amazon Web Services together introduced the Cycling Central Intelligence (CCI) platform. CCI uses generative AI technology to revolutionize mountain bike sports coverage through immediate access to complete metrics about riders and races and track records.
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