Artificial Intelligence (AI) is rapidly transforming the sports industry, offering innovative solutions that enhance athletic performance, prevent injuries, and engage fans in unprecedented ways. The global AI in sports market is projected to grow from USD 5.93 billion in 2024 to USD 20.94 billion by 2029, at a compound annual growth rate (CAGR) of over 28.69%.
This growth is driven by the increasing adoption of AI technologies such as predictive analytics, computer vision, and machine learning across various sports applications, from training and coaching to fan engagement and performance analytics.
Here are the AI-powered sports tech startups to watch in the U.S. in 2024:
NEX
Co- Founder & CEO: David Lee
NEX specializes in AI-powered solutions for esports, providing a platform called Playground that enhances player performance and engagement through data-driven insights and personalized coaching. The platform offers features like skill assessment, performance tracking, and goal setting, enabling players to monitor progress and stay motivated.
