{"id":664185,"date":"2026-10-24T16:44:44","date_gmt":"2026-10-24T16:44:44","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/664185\/"},"modified":"2026-10-24T16:44:44","modified_gmt":"2026-10-24T16:44:44","slug":"sports-technology-is-a-significant-contributor-to-the-swiss-economy","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/664185\/","title":{"rendered":"Sports technology is a significant contributor to the Swiss economy"},"content":{"rendered":"<p>    <img src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/10\/61025c8fb160dedf473657c32cfa731240e41525-92260164.jpg\" width=\"1400\" height=\"1050\" alt=\"Sports technology, \u201ca significant sector of the Swiss economy\u201d\" loading=\"eager\" decoding=\"sync\" fetchpriority=\"high\"\/><\/p>\n<p>                Sports technology, \u201ca significant sector of the Swiss economy\u201d            <\/p>\n<p>            Keystone-SDA        <\/p>\n<p>        Technology in sport represents a significant sector of the Swiss economy, with over 400 companies generating an estimated turnover of CHF8 billion ($9.6 billion) accounting for around 17,000 full-time jobs.\n<\/p>\n<p>            Listen to the article        <\/p>\n<p>            Listening the article        <\/p>\n<p>                Toggle language selector            <\/p>\n<p>                            English (US)                        <\/p>\n<p>                            English (British)                        <\/p>\n<p>            Generated with artificial intelligence.        <\/p>\n<p>        This content was published on    <\/p>\n<p>        October 23, 2026 &#8211; 09:04\n<\/p>\n<p class=\"wp-block-paragraph\">The sector\u2019s scale is comparable to that of the biotechnology industry, according to the Swiss SportsTech Report published on Friday. It was commissioned by Swiss Olympic \u2013 which is both the National Olympic Committee and the umbrella organisation for Swiss sport \u2013 and carried out in collaboration with the consultancy firms PwC and Generis.<\/p>\n<p class=\"wp-block-paragraph\">The sector comprises companies that develop products, materials, processes, platforms and services for sport, or adapt existing technologies to the needs of athletes and sports organisations. Despite the presence of major research centres and industrial hubs, however, the sector remains relatively low-profile, according to the study\u2019s authors. Among the study\u2019s recommendations is the proposal to establish a national organisation dedicated specifically to \u201cSportstech\u201d, with the aim of strengthening collaboration between sport and business, increasing the international visibility of companies and facilitating access to new capital for growth.<\/p>\n<p>\n    More<\/p>\n<p>    <img src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/10\/olympic.jpg\" width=\"1300\" height=\"867\" alt=\"The International Olympic Committee (IOC) has been headquartered in Lausanne since 1915\" loading=\"lazy\" decoding=\"async\" fetchpriority=\"auto\"\/><\/p>\n<p>        More    <\/p>\n<p>        Switzerland remains centre of global sport \u2013 for now    <\/p>\n<p class=\"teaser-wide-card__excerpt\">\n<p>                        This content was published on                    <\/p>\n<p>                        Mar 23, 2025                    <\/p>\n<p>                Despite decades of corruption scandals, international sporting federations remain concentrated in Switzerland.            <\/p>\n<p>    <a class=\"teaser-wide-card__link\" href=\"https:\/\/www.swissinfo.ch\/eng\/various\/switzerland-remains-centre-of-global-sport-for-now\/89045938\" target=\"_self\" rel=\"nofollow noopener\"><\/p>\n<p>            Read more: Switzerland remains centre of global sport \u2013 for now<br \/>\n    <\/a><\/p>\n<p class=\"wp-block-paragraph\">The outlook appears positive: 88% of the companies in the sector surveyed expect an increase in turnover over the next two years. According to the study\u2019s co-author Mike Kurt, the sector offers Switzerland the opportunity to open up new markets, accelerate innovation and strengthen both international competitiveness and elite sport.<\/p>\n<p class=\"wp-block-paragraph\">+\u00a0<a href=\"https:\/\/www.swissinfo.ch\/eng\/about-us\/how-swissinfo-produces-news-in-english\/91695684\" rel=\"nofollow noopener\" target=\"_blank\">How we produce news in English<\/a><br \/>Translated from Italian, reviewed by an\u00a0<a href=\"https:\/\/www.swissinfo.ch\/eng\/department\/english-department\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">English Department<\/a> journalist.\u00a0<\/p>\n<p>        Articles in this story    <\/p>\n","protected":false},"excerpt":{"rendered":"Sports technology, \u201ca significant sector of the Swiss economy\u201d Keystone-SDA Technology in sport represents a significant sector of&hellip;\n","protected":false},"author":2,"featured_media":664186,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[1597,281203,72,113,61,60,385,2781,850],"class_list":["post-664185","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-article","tag-beat-swiss-economy","tag-business","tag-economy","tag-ie","tag-ireland","tag-latest-news","tag-production-type-deepl-autotranslation","tag-sport"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/664185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=664185"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/664185\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/664186"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=664185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=664185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=664185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}