High-Tech Sports Equipment Market Size, Share & Trends Analysis Report | Global Forecast till 2030
The High-Tech Sports Equipment Market size is expected to reach USD 5.44 Billion in 2030 and register a revenue CAGR of 9.2% over the forecast period, according to latest report by Reports and Data. Increasing demand for smart running shoes and rising need for High-Tech Sports Equipment to track athlete performance are expected to drive market revenue growth during the forecast period. Rapid implementation of IoT in sports equipment is leading to increase in adoption of High-Tech Sports Equipment. This is expected to boost growth of the High-Tech Sports Equipment Market in near future. Increasing consumer preference for latest technologies in sports equipment, such as smart sensors integrated with IoT, is increasing demand for High-Tech Sports Equipment. IoT integrated sports equipment has been beneficial for sports trainers to improve athletes’ efficiency and performance on field, which is increasing adoption of High-Tech Sports Equipment. Moreover, implementation of smart insole