ASTN 2023 Sports Innovation Report

The Australian Sports Technologies Network (ASTN) released their 2023 Sports Innovation Report (2nd ed) indicating that the sportstech sector is now valued equal to the fintech industry, generating $4.25 billion in annual revenue and employing over 13,000 staff. This industry has been growing at an annual rate of 11.8% each year since 2012 with its main business locations on the east coast of Australia.