Sports tech industry investments reach US$10.1 billion during Q3 2023

December 20, 2023

The global sports technology industry generated US$10.1 billion worth of deals during the third quarter of 2023, according to research from Drake Star Partners, which recorded 317 transactions during the three-month period.

The quarterly study does take into account deals which include technology elements or are sports technology adjacent. For example, the US$6.3 billion figure it recorded in mergers and acquisitions (M&A) includes Liberty Media’s US$282 million takeover of ticket, hospitality, and travel experience specialist QuintEvents. SportsPro