Sports Officiating Technologies Market Size

Sports Officiating Technologies Market size is estimated at USD 3.4 billion in 2024 and is expected to cross USD 42.3 billion by the end of 2037, registering more than 21.4% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of sports officiating technologies is assessed at USD 4.1 billion.

The market’s substantial growth is attributed to rising demands for fair-decision making and reducing the margin of human error. Sports officiating technologies such as Decision Review System (DRS), Video Assistant Referee (VAR), Hawk-Eye systems, etc., are being used globally and the success rate of these technologies bodes well for the future of the market.

It is necessary for competitive sports to evolve and maintain credibility by ensuring limitation of human errors. Various sports compete with each other in gaining people’s attention, retaining the attention, and pushing the sports to newer demographics. Sports that are able to maintain their credibility are able to grow exponentially validating the stakes of large broadcasting deals and commercial sponsorships. Additionally, advancements in artificial intelligence (AI) and real time data processing are improving the efficiency of sports officiating technologies.

In July 2020, a paper published in the Journal of Sports Sciences measured a 92.1% to 98.3% increase in accuracy while using VAR. The high rate of accuracy ensures that the system is adopted in premier tournaments such as the World Cup or ongoing seasons of soccer (football) such as the Premier League in England. The market witnesses considerable boost by this as use in global tournaments ensures there are more eyes on the product. It is projected that there will be greater integration with augmented reality (AR) and virtual reality (VR) in the future, ensuring a considerable increase in the market’s revenue share.