Global Sports Agency Services Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Sports Agency Services Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Sports Agency Services refers to the services for athletes and enterprises to provide intermediary activities such as sports events, sports organization's brand packaging, business planning, intangible assets development and athletes' transfer and participation.

Market Overview:

The latest research study on the global Sports Agency Services market finds that the global Sports Agency Services market reached a value of USD 4186.28 million in 2022. It’s expected that the market will achieve USD 7659.23 million by 2028, exhibiting a CAGR of 10.59% during the forecast period.

Factors Challenging the Market

The Sports Agency Services industry provides intermediary services, communicating between athletes and enterprises. If the efficiency of information symmetry is not high, it will easily affect the service quality of Sports Agency Services. How to improve the efficiency of information processing and help athletes maintain their rights will challenge the Sports Agency Services industry.
Excessive marketing leads to a shift in the focus of the sports industry and can even easily lead to the loss of audiences. The industry is subject to strict supervision, especially the pharmaceuticals, which is susceptible to great negative effects for the industry. News reports have a greater impact on the development of sports, leading to good or bad influence. The intensity of sports supervision and the degree of entertainment is a major development challenge, and it will also bring development challenges to the Sports Agency Services industry.
The sports industry is very profitable, the golden period of athletes is relatively short, the cycle of intermediary events is short, and the market competition is particularly fierce. The seizure of market share restricts market development to a certain extent and sets a higher threshold for entering the market. This poses a challenge to the fresh blood of the industry.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

Creative Artists Agency is one of the major players operating in the Sports Agency Services market, holding a share of 12.75% in 2020.

With a global network of employees and strategic partners in North America, Europe, Asia, and beyond, CAA taps its internal and external ecosystem of experts, relationships, access, and industry intelligence to help ensure that clients achieve their goals. The trailblazer of the industry, CAA has created an ever-widening scope of services and businesses. CAA was the first talent agency to build a sports business, create an investment bank, launch a venture fund, found technology start-up companies, establish a business in China, create a brand marketing services business, and launch a philanthropic arm, among other industry innovations.

Wasserman is a culture-centric agency, serving the best talent, brands and properties in the world. Founded in 2002 with roots in sports and entertainment, Wasserman has evolved beyond those categories. Headquartered in Los Angeles, Wasserman also operates in Carlsbad, Doha, Dubai, London, Miami, The Netherlands, New York, Portland, Raleigh, São Paulo, Singapore and Toronto.

Segmentation Overview:

Among different product types, Athlete Services segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Soccer segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Sports Agency Services market covered in Chapter 3:

Lian Sports
Independent Sports & Entertainment
Boras Corp
Klutch Sports Group
ICM Stellar Sports
Mino Raiola S.P.
Excel Sports Management
Creative Artists Agency
Gestifute International
Rogon Sportmanagement
Newport Sports Management
Wasserman
Octagon
Arena11 Sports Group
Athletes First

In Chapter 4 and Chapter 14.2, on the basis of types, the Sports Agency Services market from 2018 to 2029 is primarily split into:

Athlete Services
Corporate Services

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Sports Agency Services market from 2018 to 2029 covers:

Basketball
Soccer
Football
Hockey
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)