Global Sporting Events Market 2024-2028
The sporting events market is forecasted to grow by USD 107.28 bn during 2023-2028, accelerating at a CAGR of 8.51% during the forecast period. The report on the sporting events market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing sports sponsorship spending, rapid growth of sports industry and international sporting events, and rising usage of mobile applications for engaging fans in online sporting events.
Technavio's sporting events market is segmented as below:
By Revenue Stream
- Sponsorships
- Tickets
- Broadcasting and media rights
- Merchandising
By Event Type
- Soccer
- Cricket
- Tennis
- Others
By Geographical Landscape
- Europe
- APAC
- North America
- Middle East and Africa
- South America
This study identifies the high utilization of social media for branding and collaboration as one of the prime reasons driving the sporting events market growth during the next few years. Also, increasing number of low-cost airlines for sports tourism and integration of analytics with online ticket platforms will lead to sizable demand in the market.
The report on the sporting events market covers the following areas:
- Sporting events market sizing
- Sporting events market forecast
- Sporting events market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sporting events market vendors that include Ace Ticket LLC, Adidas AG, Anschutz Entertainment Group Inc., Bigtree Entertainment Pvt. Ltd., Liberty Media Corp., Nike Inc., One97 Communications Ltd., Platinium Group SAM, SeatGeek Inc., TEG Pty Ltd., The Walt Disney Co., Ticket City Inc., Tickets.com LLC, TickPick LLC, TiqIQ LLC, Viagogo Entertainment Inc., and Vivid Seats Inc.. Also, the sporting events market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.