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Research Outline
Prepared for Thalia O. | Delivered January 21, 2020
Emerging Trends in Sports Tech
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Goals
To identify future trends expected to influence digital products in the sporting industry in the next 3-5 years.
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Early Findings
Fan engagement technologies
are expected to have the greatest influence on sports in the next twelve months, according to a recent study by
Tech Crunch
. The article went further to state that
media and content-related
platforms,
esports
and
measurement platforms
for data, and
analytics and biometric
s are the top three subtrends investors are hoping will dominate digital sporting products in the nearest future.
The use of virtual reality and augmented reality technologies in sport is expected to explode in the nearest future. New AR and VR devices will keep
fans constantly engaged
and provide a means by which they can get “closer” to their favorite sports and athletes.
According to a report by Cision, wearable technology is the
largest and fastest-growing
segment in the sports device market.
Another major trend expected to influence the sporting industry is the creation of
new content monetization channels
through sports streaming. Companies in sports tech are
proactively searching
for new ways to provide new avenues for paying customers to follow their product through streaming and other over-the-top media services.
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