In 2030, sports technology will grow into a global industry worth
50 billion dollars

The sports
tech market

The global sports technology market is booming! The ability to combine content and data has, among other things, led to a strong increase in investments in sports technology. As a result of these developments, sports technology as a part of the broader sports industry is also growing rapidly.

In 2019, the sports technology market was worth .0 billion (6.4% of the total sports market) and it was predicted to grow by 23.1% per year to a level of .1 billion in 2024.

Global Sports Technology Market ($BN)

Sport tech vs. Global Sports tech market

The market
in numbers

The global sports technology market is entering a period of sustained growth.
Market size: valued at .5 billion in 2024 and expected to grow to 7.9 billion by 2034, representing a CAGR of 20.8% over this period (Precedence Research, 2024).
Regional dynamics: North America and Europe are leading in adoption, while Asia-Pacific is expected to show the fastest growth thanks to investments in infrastructure and the increasing consumption of digital sports content.

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2019

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2024

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2030

Ranking of top 10 sports by potential growth revenues

Source: PwC’s Sports Survey 2019

Web3 as an Overarching Trend in Sports Technology

Web3 represents a paradigm shift in the way digital assets, property rights, and community engagement are organized. Rather than being a standalone vertical, Web3 acts as an enabler across multiple domains of the sports technology ecosystem.

The global Web3 market within sports is still in its infancy, but adoption is accelerating as major clubs, leagues, and athletes experiment with tokenized engagement models and decentralized platforms. Although regulatory frameworks are still being developed, the underlying trend is clear: Web3 has the potential to fundamentally restructure the economy of fan engagement, athlete monetization, and sports media distribution.

For DSTF2, Web3 is therefore seen as an overarching innovation layer—a transformative trend that enhances value creation across multiple verticals, rather than a separate investment category.