How we play and consume sports around the world has changed. The SportsTech studio at Rally represents the intersection of traditional sports, esports, training, data and technology providing better safety, engagement, participation, entertainment, and experiences for teams, athletes, broadcasters, and fans.
Sports technology is expected to grow from $21B in 2022 to a game-changing $41.8B by 2027. What’s driving the numbers is an increased focus on delivering amazing fan experiences, improving player and team performance, and the explosive popularity of esports. Companies are meeting these demands by leveraging IoT, 5G, AI, and AR/VR. In addition, stadium owners and event organizers are spending more money on memorable game-viewing experiences, both in person and on digital devices. Inside locker rooms and on practice fields, innovations in sports analytics are making players faster, stronger and healthier.
Soccer, baseball and basketball will lead the pack in sportstech growth. It’s expected that FIFA will hold the largest share of innovations from 2018 to 2027, and the Asia Pacific region will be the largest growing region during that same period. Join us for more inside the Rally SportsTech studio.