Sports Technology Business

Business Idea: Start A Sports Technology Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$6.5K
Avg Startup Costs
$16.8K
Market Size
Avg Revenue
Avg Days To Build
67 days

Leverage cutting-edge advancements to transform the world of sports through a sports technology business.

In simple terms, this involves developing software or hardware solutions that enhance athletic performance, fan engagement, or sports healthcare. Think wearable sensors that monitor an athlete's movements or AI-driven platforms that provide coaches with deep insights on game strategy.

There's a growing demand for innovative solutions in sports, and this business sits at the intersection of technology and athletics. Beyond the glitz, it requires a deep understanding of both sports and technology, alongside a solid marketing strategy to penetrate a competitive market.

For those with a passion for sports and a knack for tech, this business idea offers the opportunity to reshape the field, influencing everything from training methodologies to fan experiences.

Revenue & Profitability

How much do sports technology businesses make?

Startup Costs

How much does it cost to start a sports technology business?

  • It can cost as low as $250 to start a sports technology business.
  • It can cost as high as $300 to start a sports technology business.

Learn more about the costs of a sports technology business.

Examples Of Successful Sports Technology Businesses

Successful sports technology business businesses and case studies

Swift App founders built software to help sports facility owners run their businesses, freeing up valuable time with an easy-to-use online booking system, which has helped the company grow to $10k/month in revenue.

$10K Monthly Revenue
$300 Startup Costs
Read by 5,235 founders

Golf course software startup Live Tourney saw $18k in revenue, with $3k MRR after launching in 2023, focusing on a simple web-based live leaderboard solution for golf events and targeting customer growth through cold calls and innovative recruitment strategies.

$3K Monthly Revenue
$250 Startup Costs
Read by 4,473 founders

See full list of successful sports technology businesses.