Global Sports Technology Market Report 2022: Increasing Demand for Data-Driven Decisions to Drive Growth - ResearchAndMarkets.com
The growth of the sports technology market can be attributed to increasing focus on delighting and engaging fans at stadiums, growing pressure to improve player and team performance, and rising implementation of IoT technologies for efficient management of stadium infrastructure.
- The growth of the sports technology market can be attributed to increasing focus on delighting and engaging fans at stadiums, growing pressure to improve player and team performance, and rising implementation of IoT technologies for efficient management of stadium infrastructure.
- Sports analytics solutions not only help coaches and management but also provide the means for individual players to analyze and improve their performance.
- Thus, sports analytics solutions help sports organizations to improvise in multiple domains by making data-driven decisions that help increase profitability.
- The sports technology market in Europe is expected to grow at the second highest CAGR during the forecast period.