Based on SNS Insider, venture capitalists and sports organizations are investing heavily in sports technology startups, driving innovation and growth in the market As per SNS Insider, the Sports Technology Market had a value of USD 15.89 billion in 2022 and is projected to expand at a CAGR of 16.9% during the forecast period of 2023-2030, ultimately reaching a value of USD 55.44 billion.
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