Sports Technology Market Set to Exceed $827 Billion by 2032, Fueled by AI and Wearable Innovation
Sports technology is revolutionizing athletics and spectator engagement worldwide. Market analysts project explosive growth fueled by wearable devices, AI analytics, and immersive fan experiences through 2032.
Market Projections and Growth Drivers
The global sports technology market is experiencing unprecedented expansion, with analysts projecting it will surpass $827.7 billion by 2032, according to recent market analysis. The sector, valued at $186.8 billion in 2024, is expected to maintain a robust compound annual growth rate of 20.45% between 2025 and 2032.