An Exhaustive Study on Sports Technology Market
Introduction It is expected that in 2024, the sports technology market size is going to grow at a CAGR 15.32% with market size of US$33,629.367 million from US$14,296.632 million in 2018. The sports technology market has a vast impact on sports and people as many processes have become easier and quicker like analysis of performance, accuracy in time measurement, giving a better view of the spectators and improvement in the design of sports clothing, due which there is an increase in both revenue and the attention of people. On the other hand, continuous technological innovations in the field of both hardware and software increased the accuracy and performance of the equipment used, resulting in the growth in the market share of the sports technology market . On the basis of the type, the sports technology is divided into wearable devices, digital signage, smart stadiums, sports analytics, and others, and by sports, it includes soccer, basketball, tennis, cricket, and others