Semiconductor

  Sports Technology Market Highlights 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 growing adoption of new & emerging technologies, including the Internet of  Things (IoT) and Data Analytics, andthe integration of social media across numerous sports segments, is projected to boost the market over the forecast period. A strongfocus on live audience engagement and entertainment programming and the digital transformation of sports arenas is predicted to drive the demand for technology-based services in sport. The industry is undergoing a shift owing to rising investments by numerous organizations in implementingnewer technologies for examining and monitoring players’ performance and engaging with fans along with other activities. Additionally, investments in sales, marketing, and operations are set to boostcompanies' revenues,which in turn is predicted to support market gr...