HYPE Sports Innovation and EY Identify the Top Sports Technologies for Investment and Impact

LONDON, Dec. 20, 2017 /PRNewswire/ -- Together with EY Israel, the HYPE Sports Innovation today announced the results of its Global Sports Innovation Survey. With answers supplied by over 400 global leaders and executives from the global sports innovation ecosystem, including investors, startups, clubs and brands, the survey is the most extensive of its kind ever conducted. The results identify key trends in the global sports industry, including favorable investment avenues for the exploding overlap of sports and technological innovation. To obtain the survey results click here.

HYPE Sports Innovation is a global platform which facilitates connections and investments among sports technology startups, brands, academies and investors who are eager to inject smart money into the rapidly growing domain.

The survey answered the following urgent questions: What are the hottest sports in terms of growth and innovation? What are the innovation / technology segments that will be most impactful on sports?

Armed with answers from more than 400 respondents, the survey identified definitive correlations between a variety of sports sectors and various innovation segments.

The survey is well-timed as the sports ecosystem is experiencing what might well be called a "perfect storm." There exists a widespread and urgent need to innovate and adopt new technologies to create new and disruptive business models that can successfully monetize rapidly evolving consumer preferences. The Global Sports Innovation Survey identifies which sports appear poised for success, and which ones are expected to face a struggle. The survey results provide four main conclusions that can provide brands, investors and startups actionable information with which to make key strategic decisions.

"The entire sports ecosystem is undergoing a remarkable technology and innovation renaissance over the past several years," said Dr. Ilan Hadar, partner and Chief Innovation Officer at HYPE Sports Innovation. "Positioned at the intersection of this ecosystem and connected to its main players including startups, investors, brands and academies, we believe the valuable results in this survey will not only support high-return investments in sports innovations, but also create a meaningful impact across the entire field of sports."

"EY has been supporting startups, brands and investors in the sports innovation space all around the world," added Oren Baron, Senior Partner at EY Israel. "We are happy to join forces with HYPE Sports Innovation to further shape the path toward which this fascinating industry is heading."

Download the survey results here.

About HYPE Sports Innovation:
HYPE Sports Innovation is the largest sports innovation ecosystem with over 26,000 leaders and key decision makers, including sports and global technology brands, academia, investors and startups. HYPE Sports Innovation has teamed up with Google, ASICS, Microsoft, Google, Intel and Spalding among many others, and is managing 3 main activities: 1) Core - The global Top 50 program for sports startups, and SPIN Final, global sports innovation competitions alongside major sporting events. 2) SPIN Lab - sports acceleration program; 3) Club.One - HYPE Sports Innovation's investment arm. HYPE Sports Innovation's mission is to impact people's lives through the power of sports and innovation.. Visit HYPE Sports Innovation at: www.hype-foundation.org

Contact:

Lirone Glikman
VP Partnerships
[email protected]
www.hype-foundation.org

SOURCE HYPE Foundation

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