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 increasing adoption of emerging technologies, including data analytics, artificial intelligence (AI), and machine learning (ML), across numerous sporting leagues and events, reprojected to drive the sports technology market over the review period. Team management emphasizes viewership engagement, which along with the digital transformation of sports arenas, reprojected to boost the demand for technology-driven decision-making in sports.
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