Growing Esports and Sports Technology Markets

The global esports and sports technology markets are projected to experience significant growth, with the esports market reaching a value of USD million by 2030 and the sports technology market reaching USD 48,117.72 million by 2028. Both markets are driven by advancements in technology and the demand for online gaming and smart stadiums. The sports technology market is divided into segments such as devices, smart stadiums, esports, and sports analytics, with soccer, baseball, basketball, ice hockey, and esports leading the market. COVID-19 has had a significant impact on the industry, but companies are investing in gaming companies to expand their customer base.