The global sports technology market size is expected to reach USD 34.99 billion by 2025, growing at a CAGR of 20.3% over the forecast period, according to a study conducted by Radiant Insights, Inc. The growing adoption of IoT technologies, coupled with the integration of social media with stadium technologies, and the need for real-time player statistics are the key factors driving the market growth over the forecast period. Additionally, upcoming international and national sports events and substantial enhancements in spectators engagement are expected to surge the demand for sports technology.
Stadiums across developed and emerging economies are being renovated to offer facilities such as better smart parking, operational efficiency, enhanced security, and next-generation viewing experience. Currently, Artificial Intelligence (AI)-based sports analytics is of key importance while developing strategies for boosting individual performance, scouting new talent, and reducing injuries. Moreover, the increasing focus on delighting & engaging fans at the stadium and growing demand for data-driven decisions & operations are also expected to influence the market growth. Additionally, the U.S. Supreme Court has legalized sports betting, which is expected to positively influence the market growth.
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The growth of the European region can be attributed to the increasing disposable income and rising demand for wearable devices in emerging economies such as Russia, Poland, Greece, and Turkey. The emergence of professional leagues, digitalization of sports, and increasing penetration of internet & cloud technology are driving the Asia Pacific market growth. Moreover, sports organizations, including New Zealand Cricket, Indian Premier League (IPL), Sahara Force India, and Melbourne Cricket Association, are using advanced technologies for hosting tournaments.
Further key findings from the study suggest:
• The smart stadium segment is expected to dominate the market by 2025 owing to the increasing construction of smart stadiums across emerging economies
• The basketball segment is projected to register a CAGR of 21.0% from 2019 to 2025 as market players are focused on developing new ways to integrate wearable technologies in basketball games
• The Asia Pacific regional market is estimated to register a CAGR of 23.0% over the forecast period owing to growth in social media analytics, IoT, internet adoption, and smart devices
• The prominent market players include IBM Corporation; Cisco Systems, Inc.; Telefonaktiebolaget LM Ericsson; SAP SE, among others.
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/sports-
technology-market
Table of Contents
Chapter 1 Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definition
1.3. Information Procurement
1.4. Purchased Database
1.4.1. GVR internal database
1.5. Research Methodology
1.6. Research Scope and Assumptions
1.7. Region/Country-Wise Market Calculation
1.7.1. Region/country-wise market: Base estimates
1.7.2. Region/country-wise market: CAGR calculation
1.7.3. Region/country-wise market: Segment share calculation
1.8. List of Primary Sources
1.9. List of Secondary Sources
1.10. List of Abbreviations
Chapter 2 Executive Summary
2.1. Sports Technology Market: Market Outlook
2.2. Sports Technology Market: Segment Outlook
2.3. Sports Technology Market: Competitive Insights
Chapter 3 Sports Technology Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.2. Penetration and Growth Prospect Mapping
3.3. Sports Technology Market - Value Chain Analysis
3.4. Technology Overview
3.4.1. Technology timeline
3.5. Sports Technology Market: Market Dynamics
3.5.1. Market drivers analysis
3.5.1.1. Growing demand for data-driven decisions and operations
3.5.1.2. Increasing number of sports events
3.5.1.3. Increasing focus on engaging fans at stadiums
3.5.2. Market restraints analysis
3.5.2.1. High initial investment and longer wait for return on investment
3.5.2.2. Increasing risk of technology glitches
3.5.3. Market opportunities analysis
3.5.3.1. Increasing number of events with large prize pools and growing number of sports leagues
3.6. Sports Technology Market Analysis Tools
3.6.1. Industry analysis - Porter's five forces analysis
3.6.1.1. Supplier power
3.6.1.2. Buyer power
3.6.1.3. Substitution threat
3.6.1.4. Threat of new entrants
3.6.1.5. Competitive rivalry
3.6.2. PEST analysis, 2018
3.6.2.1. Political & legal landscape
3.6.2.2. Economic landscape
3.6.2.3. Social landscape
3.6.2.4. Technology landscape
Chapter 4 Sports Technology Market: Competitive Analysis
4.1. Recent Development and Impact Analysis, by Key Market Participants
4.2. Major Deals and Strategic Alliances Analysis: Synergy Analysis
4.2.1. Joint ventures
4.2.2. Mergers & acquisitions
4.2.3. Licensing & partnerships
4.3. Technology Collaborations
4.4. Company Categorization (Key innovators, Market leaders, Emerging players)
4.5. Key Company Analysis, 2018
Chapter 5. Sports Technology Market: Technology Type Estimates & Trend Analysis
5.1. Technology Type Analysis & Market Share, 2018 & 2025
5.2. Global Market Size & Forecasts and Trend Analysis, 2015 - 2025
5.2.1. Devices
5.2.1.1. Wearables
5.2.1.2. Digital signage
5.2.1.3. Camera
5.2.2. Smart stadium
5.2.2.1. Software
5.2.2.1.1. Stadium & public security
5.2.2.1.2. Building automation
5.2.2.1.3. Event management
5.2.2.1.4. Others
5.2.2.2. Services
5.2.3. Analytics & statistics
5.2.4. Esports
5.2.4.1. Tickets & merchandise
5.2.4.2. Sponsorships & advertisements
5.2.4.3. Others
Chapter 6. Sports Technology Market: Sports Estimates & Trend Analysis
6.1. Sports Analysis & Market Share, 2018 & 2025
6.2. Global Market Size & Forecasts and Trend Analysis, 2015 - 2025
6.2.1. American Football/Rugby
6.2.2. Baseball
6.2.3. Basketball
6.2.4. Cricket
6.2.5. Golf
6.2.6. Ice Hockey
6.2.7. Tennis
6.2.8. Soccer
6.2.9. Others
Continued…
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About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: sales@radiantinsights.com
Website: https://www.radiantinsights.com/
Stadiums across developed and emerging economies are being renovated to offer facilities such as better smart parking, operational efficiency, enhanced security, and next-generation viewing experience. Currently, Artificial Intelligence (AI)-based sports analytics is of key importance while developing strategies for boosting individual performance, scouting new talent, and reducing injuries. Moreover, the increasing focus on delighting & engaging fans at the stadium and growing demand for data-driven decisions & operations are also expected to influence the market growth. Additionally, the U.S. Supreme Court has legalized sports betting, which is expected to positively influence the market growth.
Download Free Sample Report @ https://www.radiantinsights.com/research/sports-technology-market/request-sample
The growth of the European region can be attributed to the increasing disposable income and rising demand for wearable devices in emerging economies such as Russia, Poland, Greece, and Turkey. The emergence of professional leagues, digitalization of sports, and increasing penetration of internet & cloud technology are driving the Asia Pacific market growth. Moreover, sports organizations, including New Zealand Cricket, Indian Premier League (IPL), Sahara Force India, and Melbourne Cricket Association, are using advanced technologies for hosting tournaments.
Further key findings from the study suggest:
• The smart stadium segment is expected to dominate the market by 2025 owing to the increasing construction of smart stadiums across emerging economies
• The basketball segment is projected to register a CAGR of 21.0% from 2019 to 2025 as market players are focused on developing new ways to integrate wearable technologies in basketball games
• The Asia Pacific regional market is estimated to register a CAGR of 23.0% over the forecast period owing to growth in social media analytics, IoT, internet adoption, and smart devices
• The prominent market players include IBM Corporation; Cisco Systems, Inc.; Telefonaktiebolaget LM Ericsson; SAP SE, among others.
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/sports-
technology-market
Table of Contents
Chapter 1 Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definition
1.3. Information Procurement
1.4. Purchased Database
1.4.1. GVR internal database
1.5. Research Methodology
1.6. Research Scope and Assumptions
1.7. Region/Country-Wise Market Calculation
1.7.1. Region/country-wise market: Base estimates
1.7.2. Region/country-wise market: CAGR calculation
1.7.3. Region/country-wise market: Segment share calculation
1.8. List of Primary Sources
1.9. List of Secondary Sources
1.10. List of Abbreviations
Chapter 2 Executive Summary
2.1. Sports Technology Market: Market Outlook
2.2. Sports Technology Market: Segment Outlook
2.3. Sports Technology Market: Competitive Insights
Chapter 3 Sports Technology Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.2. Penetration and Growth Prospect Mapping
3.3. Sports Technology Market - Value Chain Analysis
3.4. Technology Overview
3.4.1. Technology timeline
3.5. Sports Technology Market: Market Dynamics
3.5.1. Market drivers analysis
3.5.1.1. Growing demand for data-driven decisions and operations
3.5.1.2. Increasing number of sports events
3.5.1.3. Increasing focus on engaging fans at stadiums
3.5.2. Market restraints analysis
3.5.2.1. High initial investment and longer wait for return on investment
3.5.2.2. Increasing risk of technology glitches
3.5.3. Market opportunities analysis
3.5.3.1. Increasing number of events with large prize pools and growing number of sports leagues
3.6. Sports Technology Market Analysis Tools
3.6.1. Industry analysis - Porter's five forces analysis
3.6.1.1. Supplier power
3.6.1.2. Buyer power
3.6.1.3. Substitution threat
3.6.1.4. Threat of new entrants
3.6.1.5. Competitive rivalry
3.6.2. PEST analysis, 2018
3.6.2.1. Political & legal landscape
3.6.2.2. Economic landscape
3.6.2.3. Social landscape
3.6.2.4. Technology landscape
Chapter 4 Sports Technology Market: Competitive Analysis
4.1. Recent Development and Impact Analysis, by Key Market Participants
4.2. Major Deals and Strategic Alliances Analysis: Synergy Analysis
4.2.1. Joint ventures
4.2.2. Mergers & acquisitions
4.2.3. Licensing & partnerships
4.3. Technology Collaborations
4.4. Company Categorization (Key innovators, Market leaders, Emerging players)
4.5. Key Company Analysis, 2018
Chapter 5. Sports Technology Market: Technology Type Estimates & Trend Analysis
5.1. Technology Type Analysis & Market Share, 2018 & 2025
5.2. Global Market Size & Forecasts and Trend Analysis, 2015 - 2025
5.2.1. Devices
5.2.1.1. Wearables
5.2.1.2. Digital signage
5.2.1.3. Camera
5.2.2. Smart stadium
5.2.2.1. Software
5.2.2.1.1. Stadium & public security
5.2.2.1.2. Building automation
5.2.2.1.3. Event management
5.2.2.1.4. Others
5.2.2.2. Services
5.2.3. Analytics & statistics
5.2.4. Esports
5.2.4.1. Tickets & merchandise
5.2.4.2. Sponsorships & advertisements
5.2.4.3. Others
Chapter 6. Sports Technology Market: Sports Estimates & Trend Analysis
6.1. Sports Analysis & Market Share, 2018 & 2025
6.2. Global Market Size & Forecasts and Trend Analysis, 2015 - 2025
6.2.1. American Football/Rugby
6.2.2. Baseball
6.2.3. Basketball
6.2.4. Cricket
6.2.5. Golf
6.2.6. Ice Hockey
6.2.7. Tennis
6.2.8. Soccer
6.2.9. Others
Continued…
Read all Reports of this category @ https://www.radiantinsights.com/catalog/technology-and-media
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: sales@radiantinsights.com
Website: https://www.radiantinsights.com/
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