Global Sports App Market 2024-2028
The sports app market is forecasted to grow by USD 2675.21 mn during 2023-2028, accelerating at a CAGR of 10.5% during the forecast period. The report on the sports app market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the advent of visual technologies for sports, an increase in research and development (R&D) activities regarding the development of sports apps, and the growing penetration of smartphones.
Technavio's sports app market is segmented as below:
By Application
- Health monitoring
- Activity tracking
- monitoring
By Gender
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the rising number of e-sports events as one of the prime reasons driving the sports app market growth during the next few years. Also, the evolution of high-tech gaming consoles and demand for 360-degree images and videos will lead to sizable demand in the market.
The report on the sports app market covers the following areas:
- Sports app market sizing
- Sports app market forecast
- Sports app market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sports app market vendors that include 365scores, Cricbuzz , DraftKings Inc., ESPN Sports Media Ltd., FanDuel Inc., Fox Corp., Junglee Games India Pvt. Ltd., Melbet, MyTeam11, OneFootball, onXmaps, Inc., Paramount Global, Play Games24x7 Pvt. Ltd., Premier League Ltd., The Athletic Media Co., The Betway Group, Vision11, World Golf Tour, Wrestling Entertainment Inc., and Yahoo. Also, the sports app market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth