According to a market report by Lucintel, the future of the sports technology market in the US looks promising with opportunities in the soccer, baseball, basketball, American football/rugby, tennis, cricket, and golf markets. The major drivers for this market are the rising adoption of latest technologies, such as the internet of things (IoT), data analytics, along with social media integration across various sports and increasing sports events, online.
In this market, device, smart stadium, esports, and sports analytics are the major technologies used in various sports, such as soccer, baseball, basketball, American football/rugby, tennis, cricket, and golf. Smart stadium is anticipated to be the largest segment over the forecast period as stadium requires many sensors, cameras, and digital signage to provide real-time information on parking slots, ticket availability, and food coupons and offers, and other real-time related information. These total costs of real time systems with Internet of things (IoT) are higher than other technologies.
Basketball segment is expected to witness the highest growth over the forecast period due to various benefits of sports technology such as, adoption of data analytics, mobile apps, and wearables.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the sports technology market in the US by technology and sports and has compiled a comprehensive research report titled “Growth Opportunities for the Sports Technology Market in the US 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the sports technology market in the US by technology and sports as follows:
By Technology [$ Million Shipment Analysis from 2015 to 2026]:
Device
Smart Stadium
Esports
Sports Analytics
By Sports [$ Million Shipment Analysis from 2015 to 2026]:
Soccer
Baseball
Basketball
American Football/Rugby
Tennis
Cricket
Golf
Others
This more than 50-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or helpdesk@lucintel.com.
About Lucintel
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