Bottom-up approach The bottom-up approach has been employed to arrive at the overall size of the sports technology market. Over the course of the past decade, the market size of this segment, which is the largest in the leisure-related sports industry, has mostly hovered around the 1.8 trillion yen mark. In 2020, the market size of the spectator sports industry in Canada reached around 3.86 billion U.S. dollars. Sports Technology Market Size | Share | Trends | Demand ... The Global Sports Analytics Market size is expected to reach $4.3 billion by 2025, rising at a market growth of 26.8% CAGR during the forecast period. Sports technology industry report classifies global market by share, trend, and on the basis of sports, technology, and region Sports Technology Market Share Value USD 24,135.2 million 2021 with a CAGR of 13.5% Industry Top Players, Trends, Global Growth Rate by Size Expansion Strategies 2027 Report Includes COVID-19 Analysis PDF The buisness of sports Wearable Technology Market size in 2015 was valued at $19,633 million growing at CAGR of 16.2% to reach $57,653 million by 2022. Fitness Trackers Market Size, Share (2021 to 2026) The Global Fitness Trackers Market size is estimated to be growing at a CAGR of 20.1% from 2021 to 2026. Vendor Offerings. Sports Technology Market Size & Analysis Report by Component (Hardware, Software and Services), By Technology (Tracking System/Hawk-Eye Technology, Broadcast Technology, Virtual Reality, Wearable Technology, and Other Technologies), and By Region - Global Opportunities & Forecast, 2021-2028. Global Sports Apparel Market Size 2021-2026 With Top Countries Data -Key Leaders Analysis, Segmentation, Growth, Future Trends, Gross Margin, Demands, Emerging Technology by Regional Forecast . Robust growth over 2017-19; sales dropped 9% in 2020. Sports Sponsorship Market size is expected to reach $ 89.60 Billion by 2026, rising at a market growth of 6.72% CAGR during the forecast period. The global sports medicine market size stood at USD 6.26 billion in 2018 and is projected to reach USD 9.86 billion by 2026, exhibiting a CAGR of 5.8% during the forecast period. We are in process of revamping Sports Medicine Market with respect to COVID-19 Impact. Sports Sponsorship Market size is expected to reach $ 89.60 Billion by 2026, rising at a market growth of 6.72% CAGR during the forecast period. 4 | Grand Island, NE 68801 In 2019, the market size of sports facilities and sports schools in Japan amounted to 1.81 trillion Japanese yen. The global sports management software market was valued at USD 5.43 billion in 2020, and it is expected to reach USD 12.53 billion by 2026, registering a CAGR of 14.82%, during 2021-2026. The global sports market reached a value of nearly $388.3 billion in 2020, having increased at a compound annual growth rate (CAGR) of 3.4% since 2015. A fitness tracker is reliable and accomplishes the tasks accurately. Golf Sports Tourism Market Size 2021-2025 by Advancement, Growing Technology, Share, Applications, Specifications, Top Industry Trends, Business . Sports Analytics Market Outlook: 2026. Sports analytics is the process of applying data collected from a team performance under different circumstances to improve the team's performance and to help make better decisions. Sports Technology Market Size By Types( Device, Smart Stadium, Esports, Sports Analytics ), By Application( Soccer, Baseball, Basketball, Ice Hockey, American Football/ Rugby, Tennis, Cricket, Golf, Esports ), Market Statistics and Forecast 2021 - 2028 Figure 3: Market forecast for unit sales of smartwatches and fitness trackers, 2020-25. The global sports technology market size was valued at USD 117 billion in 2020 and is expected to record an average annual growth rate (CAGR) of 16% from 2021 to 2027. industryresearch.biz has published a new research report on . Vancouver, BC -- -- 04/15/2021 -- 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 latest market intelligence study on the Sports Technology market brings in the best of both qualitative and quantitative assessment techniques to explore . Sports Market Size. It can be related to a smartwatch and . These are wireless devices and connect with laptops or smartphones via Bluetooth. Vancouver, British Columbia, April 15, 2021 (GLOBE NEWSWIRE) -- The global sports technology market is projected to reach a market size of USD 40.22 Billion by 2028, according to latest analysis . Incorporating these sensors into a dedicated wearable device driven by the . It provides in-depth analysis of the following: the hot issues impacting the market, strategies for success, market sizes and forecasts, retailer profiles, retailer market shares, consumer . Sports technology market size is estimated to grow by USD 24.56 billion from 2022 to 2026 at a CAGR of 23% with the AI ML segment having largest market share. The slight decrease on the value from 2019 is no doubt in part due to the coronavirus pandemic which had a huge impact on the spectator sports industry in 2020. But a potential bright spot for 2021 — and beyond — will be continued growth of the US sports gambling market and the strategic revenue opportunities it could create for teams, leagues and their partners. The majority of the approximately $5 billion sports card trading market has been cards sold in eBay auctions. In addition, participation in sports and the opportunity time cost of attending sporting events are important, but hard to value, components of the industry. To know about the assumptions considered for the study, Request for Free Sample Report. Alexandru Arba. The market. Sports Coaching in the US industry outlook (2021-2026) poll Average industry growth 2021-2026: x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. In 2020, two game-changing shifts affected the US sports industry: the COVID-19 pandemic and the social justice movement. In 2020, PepsiCo entered into an exclusive alliance with Vital Pharmaceuticals, Inc., which is the manufacturer of Bang Energy drinks. Wearable Technology Market is mainly driven by niche segments even though wearable technology market is at its nascent stage, changing lifestyles of consumer and shift towards fitness are providing lucrative growth opportunities for wearable technology market . Data analytics, along with increasing adoption of emerging technologies such as the Internet of Things (IoT) and social media integration across a variety of sports, are expected . According to US sports leader Pete Giorgio, sports organizations can position themselves to thrive in 2021 and beyond by addressing key opportunities, from fan engagement to advanced technology to the role of sports in society. Sports Technology Market Size 2021 Research Report by Direct Sales, Distributor, Trends, Product Type Detail and Forecast to 2025 - The Cowboy Channel Figure 2: Estimated unit sales for smartwatches and fitness trackers, 2016-20. The sports industry experienced multiple points of disruption in 2020. The growth is attributed to the technological advancements that have improved the accuracy, engagement, and experience of both athletes and spectators 7.3.2 Hardware: Sports Technology Market - Revenue and Forecast to 2027 (US$ Million) 7.4 Software 7.5 Services 8. The global sports medicine market size stood at USD 6.26 billion in 2018 and is projected to reach USD 9.86 billion by 2026, exhibiting a CAGR of 5.8% during the forecast period. According to a new report by EMR titled, 'Global Sports Technology Market Size, Industry Share, Report 2022-2027', the market is expected to grow in the forecast period of 2022-2027 at a CAGR of 19.23% to reach USD 26.7 billion by 2026. Approach for arriving at market size using bottom-up approach (demand side) The Wearable Technology Market was valued at USD 27.91 billion in 2020 and is expected to reach USD 74.03 billion by 2026 and work at a CAGR of 17.65% over the forecast period (2021 - 2026). Moreover, it provides real time data monitoring, operational efficiency and fitness tracking . The global sports technology market size is expected to reach USD 36.20 billion by 2028, registering a CAGR of 16.8% from 2021 to 2028, according to a new report by Grand View Research, Inc. The increasing adoption of emerging technologies, including data analytics, artificial intelligence (AI), and machine learning (ML), across numerous sporting . [151 Pages Report] The global sports analytics market size is expected to grow from USD 1.9 billion in 2019 to USD 5.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 22.0% during the forecast period. The sports technology market size is expected to grow by USD 24.56 bn from 2021 to 2026. the regional market is witnessing inflow of capital from various sports . The sports industry today spans the field of play—from the food and memorabilia stands at the stadium, to media rights and sponsorships. Sports Technology Market Size, Share & Trends Analysis Report by Types, Applications, Top Key Players, Region and Forecast 2021 - 2027. The sports technology market is estimated to reach USD 43.6 billion by 2027, registering a CAGR of 10.7% during the forecast period of 2021-2027. The extended reality market size was USD 45.63 billion in 2020 and is expected to reach a market size of USD 1,246.57 Billion in 2035, at a CAGR of 24.2%. The Sports Coaching report further covers the comprehensive. Figure 1: Short-, medium- and long-term impact of COVID-19 on sports and energy drinks, 2021. Agile Sports Technologies Inc. - The company offers Volleymetrics that can record and upload analytics with automatic smart cameras and saves time. This report focuses on the global Sports Technology status, future forecast, growth opportunity, key market, and key players. Wearable Technology Market Size As evidenced by the top five manufacturers of wearable devices in 2015, the current market is dominated by fitness trackers and smartwatches.5 But now, a new wave of online start-ups and blockchain-based digital collectibles . Sports analytics is the method of applying data gathered from a team performance under various circumstances for improving the . The global impact of COVID-19 has been unprecedented and staggering, with fitness trackers witnessing a positive demand shock across all regions amid the pandemic. "The UK Sportswear Market, 2018-2023", report offers comprehensive insight and analysis of the sportswear market (including forecasts up to 2023), the major players, the main trends, and consumer attitudes. Wearable technology market has witness increased adoption owing to factors such as ease of use, flexibility and convenience. Estimates of the size of the sports industry based on aggregate demand and aggregate supply range from $44 to $73 billion in 2005. The global sport technology market was valued at US$ 27,589.5 Mn in 2018. The market is expected to record a year-over-year growth rate of 21.48% in 2022. Marginal growth for smartwatches and fitness trackers market. The Sports Technology Market global industry research report 2021-2026 provides analysis of market size, industry status and growth opportunity. Until recently, technology, cultural, and market conditions have not been aligned to support the adoption of smart clothing. Figure 2: Total UK value sales of sports and energy drinks, 2016-26. The global sports analytics market was valued at $425.76 million in 2018, and is projected to reach $6,376.45 million by 2026, growing at a CAGR of 40.40% from 2019 to 2026. Its vast repository provides important statistics and analytical data of Sports. In 2021, "Outdoor Sports GPS Device Market" Size, Status and Market Insights, Forecast to 2025 The global Outdoor Sports GPS Device market size is expected to gain market growth in. Global sports market size by key segments 02, 03 Key trends driving the market Source: "Winning in the Business of Sports", A.T. Kearney, 15 February 2014 Source: KPMG in India's analysis, 2016 Key trends driving the market Increasing online consumption of sports Increasing viewership, sponsorship and participation in sports other than . The sports technology market size was USD 10.34 Billion in 2020 and is expected to reach a market size of USD 40.22 Billion by 2028, and is expected register a CAGR of 18.5%. The sports technology market size is expected to grow by USD 24.56 bn from 2021 to 2026. Vendor Offerings. Sports Technology Market Overview. KMLF-LD Channel 30.1 (NCN) | 217 N. Locust St., Ste. XR industry report classifies global market by share, trend, and on the basis of type, application, end-use, and region | Extended Reality (XR) market We are in process of revamping Sports Medicine Market with respect to COVID-19 Impact. Sports Technology Market will reach an estimated valuation of USD 94.76 million by 2027, while registering this growth at a rate of 5.70% for the forecast period of 2020 to 2027.. Sports Technology Market Research Report', the report is complete with an elaborate research undertaken by prominent analysts and a detailed analysis of the global industry place . Sports sponsorship market is booming, never before has more money been put into marketing with athletes, sports teams, or sporting events. Golf Sports Tourism Market research report provides a in-depth study of industry plyers, market growth, size, share, challenges, standardization, deployment models, trends and cost structure,. Sports sponsorship market is booming, never before has more money been put into marketing with athletes, sports teams, or sporting events. [151 Pages Report] The global sports analytics market size is expected to grow from USD 1.9 billion in 2019 to USD 5.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 22.0% during the forecast period. While multiple opportunities exist, strategy is key to success. Rising number of sports technology events will be a key driver fueling the sports technology market growth during the forecast period. This sector was forecast to recover in 2021, with market value reaching 4 . The global sports market reached a value of nearly $388.3 billion in 2020, having increased at a compound annual growth rate (CAGR) of 3.4% since 2015. Sports Technology Market report delivers statistical overview on growth factors driving the market with types, applications, regions and key manufacturers including IBM , Ericsson , Cisco ,. Sports technology market size is estimated to grow by USD 24.56 billion from 2022 to 2026 at a CAGR of 23% with the AI ML segment having largest market share. Intelligence Market Report Publish New Market Research Report On-"Sports Technology Market 2021 Market Analysis; By Key Players, Applications, Growth Trends, Share & Segment Forecast to 2027" Sports Footwear Market Growth Statistics 2021, Industry Trends, Size, Share, Business Strategies, Emerging Technology, Product Portfolio, Top-Countries Data, Manufacturers Analysis, Demand Status and Forecast 2027 - The Cowboy Channel The expansion of sports technology industry in Asia Pacific over the estimated timeline is due to surge in the funding of sports technology in countries like India and China. The sports market by merchandising is expected to be the fastest-growing segment going forward at a . It is expected to expand at a CAGR of 14.7% during the forecast period. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. Market Overview: The global sports and energy drinks market reached a value of US$ 93.3 Billion in 2020. The rising adoption of emerging technologies, such as the internet of things (IoT) and data analytics, along with social media integration, across various sports, is . The wearable technology has evolved owing to the emergence of MEMS sensors. sports technology market: top-down and bottom-up approaches. Sports Market Size. Based on our analysis, the global market exhibited a stellar growth of 19.5% in 2020. Sports Technology Market Analysis - By Technology 8.1 Overview 8.2 Sports . With the global sports industry often growing faster than many country's national GDP, the need to run clubs and associations as organized businesses with . CHICAGO, April 2, 2019 /PRNewswire/ -- According to the new market research report "Sports Technology Market by Technology (Device, Smart Stadium, Esports, Sports Analytics), Sports (Soccer . The market declined from $458.8 billion in 2019 to $388.3 billion in 2020 at a rate of -15.4%. Vancouver, BC -- -- 04/15/2021 -- 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 latest market intelligence study on the Sports Technology market brings in the best of both qualitative and quantitative assessment techniques to explore . Figure 1: Short-, medium- and long-term impact of COVID-19 on wearable technology, 4 November 2020. Industry Growth Insights : With 8.3% CAGR, The Sports Technology Market Size In 2021 is estimated to clock a modest CAGR of 8.3% During the forecast Period 2021-2026 with Top Countries Data . Looking forward, IMARC Group expects the market to grow at a CAGR of 7.2% during 2021-2026. The market declined from $458.8 billion in 2019 to $388.3 billion in 2020 at a rate of -15.4%. The global sports technology market size was valued at USD 117 billion in 2020 and is expected to record an average annual growth rate (CAGR) of 16% from 2021 to 2027. Global Sports Coaching Industry 2021 research report signifies the detail overview of present market State and forecast 2021-2025. Sports Software Market - Global Sports Software Industry Size, Share, Demand, Analysis, Trends, Growth, Research And Forecast Report, 2014-2024 Global sports software market size was valued at USD 3.87 billion in 2016 and is anticipated to witness substantial growth owing to the rising needs to manage international events, leagues, clubs smartly Sports Technology Market Size, Share Research 2021, Business Opportunity, Global Trend, Future Growth, Key Findings and Forecast to 2025 Posted on Sep 7 2021 6:58 AM "Sports Technology Market presents an in-depth analysis on market development. Sports Technology Market report delivers statistical overview on growth factors driving the market with types, applications, regions and key manufacturers including IBM , Ericsson , Cisco ,. Data analytics, along with increasing adoption of emerging technologies such as the Internet of Things (IoT) and social media integration across a variety of sports, are expected . The market will enjoy a rapid rebound. The global fitness tracker market size was USD 36.34 billion in 2020. The global sports equipment market is estimated to stand at a value of approximately 150 billion U.S. dollars by 2023 and the global sports apparel market at around 200 billion U.S. dollars, with . The global sports technology market size was valued at USD 11.70 billion in 2020 and is expected to register a compound annual growth rate (CAGR) of 16.8% from 2021 to 2028. Plunkett Research — Sports Industry Statistic and Market Size Overview, Business and Industry Statistics (2016) World Association for Sports Management Series — Global Sport Management . Rising number of sports technology events will be a key driver fueling the sports technology market growth during the forecast period. The many participants in this market are competing for a bigger slice of a pie worth as much as €450 billion. The adoption of Internet of Things (IoT) in the sports industry plays a major role in the development of players, player and fan safety, and fan engagement. Sports Technology Market Size, Share & Trends Analysis Report by Types, Applications, Top Key Players, Region and Forecast 2021 - 2027 Additionally, humongous rise in e-sports activities in the region will add notably towards the regional market size over the forecast timeframe. Impact of COVID-19 on sports and energy drinks. 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