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NEW YORK: The sports technology market was valued at $8.9 billion in 2018 and is projected to reach $31.1 billion by 2024; it is expected to grow at a CAGR of 20.63% during the forecast period, according to research published by ReportLinker.
In recent years, professional sports bodies have adopted new technologies such as sports data analytics, smart stadium, wearable devices, digital signage, and eSports.
