TSMA Yearbook 2019

25 Taiwan Sporting Goods Manufacturers Association of their cities. The advantages also include the higher industrial value of their sporting goods indus- try and give a boost of sporting population. The hidden potential business is out of imagination and calculation. As people often say, the physical strength is the power of a nation. Thus, we can see the importance and influence which the global sports event can make upon a nation. Accordingly to the IHRSA 2017 Global Report, the study indicates that the total industry revenue was estimated $87.2 billion in 2017. Adding the sports leisure-related industry, the total industrial value reached 1,500 billion US dollars. As shown, the global sports populations grows year by year. In facing of the ageing societies, sports is the most significant healthy industry. As the calculation shows, in the coming twenty years, the global ageing population will rapidly grow in multiple times. It could be up to 1.1 billion of people. As estimated, the consumption of the ageing people will be a great potential sector for business. Combining the above-mentioned factors, the industrial cycle curve as predicted will last for about a decade. The industries include ICT technology, VR distance, intelligence devices to health care, the related business people start to go into this field and provide the innovation products and value-added services to improve sports effects. They begin to install the intelligent technology and the relevant intelligent facilities to transform the sports space with intelligent sports equipment and