The global sports technology market is projected to grow at USD 29,950.64 million during 2022-2027, decelerating at a CAGR of 23.36% during the forecast period

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Global Sports Technology Market 2023-2027. The analyst has been monitoring the sports technology market and is projected to grow at USD 29,950.64 million during 2022-2027, decelerating at a CAGR of 23.36% during the forecast period.

New York, Jan. Feb. 23, 2023 (GLOBE NEWSWIRE) — Announces the Release of the Report “Global Sports Technology Market 2023-2027” –
Our report on the Sports Technology Market provides overall analysis, market size and forecast, trends, growth drivers and challenges, and vendor analysis covering around 25 vendors.
The report provides an up-to-date analysis on the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing number of sports technology events, growing emphasis on IoT, and increasing demand for wearable devices and fitness trackers.

Sports Technology Market is segmented as follows:
in the end user
• Sports associations
• Club
• League

in technology
• Artificial intelligence or machine learning
• Internet of Things
• Augmented or virtual reality

in geography
• Europe
• North America
• Asia-Pacific
• South America
• Middle East and Africa

The study identifies the growing popularity of software in the sports sector as one of the major reasons driving the growth of the sports technology market over the next few years. Furthermore, the emergence of sports vision technology and the increasing adoption of artificial intelligence and machine learning will lead to a huge demand in the market.

Analysts research, synthesize, and aggregate data from multiple sources through the analysis of key parameters to present a detailed picture of the market. Our report on the sports technology market covers the following areas:
• Sports Technology Market Size
• Sports Technology Market Forecast
• Industry Analysis of Sports Technology Market

In line with this robust vendor analysis designed to help clients improve their market position, this report provides a detailed analysis of several leading Sports Technology market vendors which include Athlete Intelligence, Catapult Group International Ltd., Chetu Inc ., Cisco Systems Inc., Epicor Software Corp., Firstbeat Technologies Oy, International Business Machines Corp., Jonas Club Software, SAP SE, Kinexon GmbH, Orreco, PlaySight Interactive Ltd., Samsung Electronics Co. Ltd., Tableau Software LLC, Active Network LLC, Agile Sports Technologies Inc., Garmin Ltd, SPay Inc., Sportradar AG, and Upper Hand Inc. Moreover, the sports technology market analysis report also includes information about the upcoming trends that will influence the growth of the market and challenge information. This is to help the company strategize and take advantage of all upcoming growth opportunities.
The research was conducted using an objective combination of primary and secondary information, including input from key players in the industry. In addition to the analysis of key vendors, the report also contains comprehensive market and vendor profiles.

Analysts present a detailed picture of the market by researching, synthesizing, and summarizing data from multiple sources by analyzing key parameters such as margins, pricing, competition, and promotions. It showcases various market aspects by identifying key industry influencers. The data presented are comprehensive, reliable and the result of extensive research – including primary and secondary research. Technavio’s market research report provides a complete competitive landscape along with in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Read the full report:

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