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Sports Global Market Report 2021: COVID-19 Impact and Recovery to 2030

  • ID: 5240315
  • Report
  • January 2021
  • Region: Global
  • The Business Research Company

FEATURED COMPANIES

  • Dallas Cowboys
  • FC Bayern Munich AG
  • Futbol Club Barcelona S.L
  • Manchester United
  • Real Madrid
Sports Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global sports market as it emerges from the COVID-19 shut down.







Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the sports? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Sports market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider sports market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The sports market section of the report gives context. It compares the sports market with other segments of the recreation market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, sports indicators comparison.

Scope

Markets Covered:
1) By Type: Spectator Sports; Participatory Sports
2) By Revenue Source: Media Rights; Merchandising; Tickets; Sponsorship

Subsegments Covered: Sports Team & Clubs; Racing & Individual Sports; Golf Courses And Country Clubs; Skiing Facilities; Marinas; Fitness And Recreational Sports Centers; Bowling Centers; Other Participatory Sports

Companies Mentioned: Dallas Cowboys; Manchester United; Futbol Club Barcelona S.L; Real Madrid; FC Bayern Munich AG

Metrics Covered: Number of Enterprises; Number of Employees

Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, sports indicators comparison.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Frequently Asked Questions about the Global Sports Market

What is the estimated value of the Global Sports Market?

The Global Sports Market was estimated to be valued at $440.8 billion in 2021.

What is the growth rate of the Global Sports Market?

The growth rate of the Global Sports Market is 8.0%, with an estimated value of $599.9 billion by 2025.

What is the forecasted size of the Global Sports Market?

The Global Sports Market is estimated to be worth $599.9 billion by 2025.

Who are the key companies in the Global Sports Market?

Key companies in the Global Sports Market include Dallas Cowboys, Manchester United, Futbol Club Barcelona S.L and FC Bayern Munich AG.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Dallas Cowboys
  • FC Bayern Munich AG
  • Futbol Club Barcelona S.L
  • Manchester United
  • Real Madrid

1. Executive Summary2. Report Structure
3. Sports Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Sports Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Sports Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Sports Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Sports Market Trends And Strategies8. Impact Of COVID-19 On Sports
9. Sports Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Sports Market Regional Analysis
10.1. Global Sports Market, 2020, By Region, Value ($ Billion)
10.2. Global Sports Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
10.3. Global Sports Market, Growth And Market Share Comparison, By Region
11. Sports Market Segmentation
11.1. Global Sports Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Spectator Sports
  • Participatory Sports
11.2. Global Sports Market, Segmentation By Revenue Source, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Media Rights
  • Merchandising
  • Tickets
  • Sponsorship

12. Sports Market Segments
12.1. Global Spectator Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Sports Team & Clubs; Racing & Individual Sports
12.2. Global Participatory Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Golf Courses And Country Clubs; Skiing Facilities; Marinas; Fitness And Recreational Sports Centers; Bowling Centers; Other Participatory Sports
13. Sports Market Metrics
13.1. Sports Market Size, Percentage Of GDP, 2015-2025, Global
13.2. Per Capita Average Sports Market Expenditure, 2015-2025, Global
14. Asia-Pacific Sports Market
14.1. Asia-Pacific Sports Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Asia-Pacific, Sports Market, 2020, By Country, Value ($ Billion)
14.3. Asia-Pacific, Sports Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
14.4. Asia-Pacific, Sports Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
14.5. Asia-Pacific, Sports Market Metrics
14.5.1. Per Capita Average Sports Expenditure, 2015-2025, Asia-Pacific Countries
14.5.2. Number of Enterprises, Sports Market, Sports Market/Number of Enterprises, 2020, Asia-Pacific Countries
14.5.3. Number of Employees, Sports Market, Sports Market/Number of Employees, 2020, Asia-Pacific Countries
14.6. Asia-Pacific Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7. Asia-Pacific Sports Market: Country Analysis
14.7.1. China Sports Market
14.7.1.1. China Sports Market Overview
14.7.1.2. China Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.2. Australia Sports Market
14.7.2.1. Australia Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.3. Hong Kong Sports Market
14.7.3.1. Hong Kong Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.4. India Sports Market
14.7.4.1. India Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.5. Indonesia Sports Market
14.7.5.1. Indonesia Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.6. Japan Sports Market
14.7.6.1. Japan Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.7. Malaysia Sports Market
14.7.7.1. Malaysia Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.8. New Zealand Sports Market
14.7.8.1. New Zealand Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.9. Philippines Sports Market
14.7.9.1. Philippines Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.10. Singapore Sports Market
14.7.10.1. Singapore Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.11. South Korea Sports Market
14.7.11.1. South Korea Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.12. Thailand Sports Market
14.7.12.1. Thailand Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.13. Vietnam Sports Market
14.7.13.1. Vietnam Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15. Western Europe Sports Market
15.1. Western Europe Sports Market Overview
15.2. Western Europe, Sports Market, 2020, By Country, Value ($ Billion)
15.3. Western Europe, Sports Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
15.4. Western Europe, Sports Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
15.5. Western Europe, Sports Market Metrics
15.5.1. Per Capita Average Sports Expenditure, 2015-2025, Western Europe Countries
15.5.2. Number of Enterprises, Sports Market, Sports Market/Number of Enterprises, 2020, Western Europe Countries
15.5.3. Number of Employees, Sports Market, Sports Market/Number of Employees, 2020, Western Europe Countries
15.6. Western Europe Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7. Western Europe Sports Market: Country Analysis
15.7.1. Austria Sports Market
15.7.1.1. Austria Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.2. Belgium Sports Market
15.7.2.1. Belgium Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.3. Denmark Sports Market
15.7.3.1. Denmark Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.4. Finland Sports Market
15.7.4.1. Finland Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.5. France Sports Market
15.7.5.1. France Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.6. Germany Sports Market
15.7.6.1. Germany Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.7. Ireland Sports Market
15.7.7.1. Ireland Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.8. Italy Sports Market
15.7.8.1. Italy Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.9. Netherlands Sports Market
15.7.9.1. Netherlands Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.10. Norway Sports Market
15.7.10.1. Norway Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.11. Portugal Sports Market
15.7.11.1. Portugal Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.12. Spain Sports Market
15.7.12.1. Spain Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.13. Sweden Sports Market
15.7.13.1. Sweden Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.14. Switzerland Sports Market
15.7.14.1. Switzerland Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.15. UK Sports Market
15.7.15.1. UK Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16. Eastern Europe Sports Market
16.1. Eastern Europe Sports Market Overview
16.2. Eastern Europe, Sports Market, 2020, By Country, Value ($ Billion)
16.3. Eastern Europe, Sports Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
16.4. Eastern Europe, Sports Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
16.5. Eastern Europe, Sports Market Metrics
16.5.1. Per Capita Average Sports Expenditure, 2015-2025, Eastern Europe Countries
16.5.2. Number of Enterprises, Sports Market, Sports Market/Number of Enterprises, 2020, Eastern Europe Countries
16.5.3. Number of Employees, Sports Market, Sports Market/Number of Employees, 2020, Eastern Europe Countries
16.6. Eastern Europe Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7. Eastern Europe Sports Market: Country Analysis
16.7.1. Czech Republic Sports Market,
16.7.1.1. Czech Republic Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.2. Poland Sports Market
16.7.2.1. Poland Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.3. Romania Sports Market
16.7.3.1. Romania Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.4. Russia Sports Market
16.7.4.1. Russia Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17. North America Sports Market
17.1. North America Sports Market Overview
17.2. North America, Sports Market, 2020, By Country, Value ($ Billion)
17.3. North America, Sports Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
17.4. North America, Sports Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
17.5. North America, Sports Market Metrics
17.5.1. Per Capita Average Sports Expenditure, 2015-2025, North America Countries
17.5.2. Number of Enterprises, Sports Market, Sports Market/Number of Enterprises, 2020, North America Countries
17.5.3. Number of Employees, Sports Market, Sports Market/Number of Employees, 2020, North America Countries
17.6. North America Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7. North America Sports Market: Country Analysis
17.7.1. Canada Sports Market
17.7.1.1. Canada Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.2. Mexico Sports Market
17.7.2.1. Mexico Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.3. USA Sports Market
17.7.3.1. USA Sports Market Overview
17.7.3.2. USA Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18. South America Sports Market
18.1. South America Sports Market Overview
18.2. South America, Sports Market, 2020, By Country, Value ($ Billion)
18.3. South America, Sports Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
18.4. South America, Sports Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
18.5. South America, Sports Market Metrics
18.5.1. Per Capita Average Sports Expenditure, 2015-2025, South America Countries
18.5.2. Number of Enterprises, Sports Market, Sports Market/Number of Enterprises, 2020, South America Countries
18.5.3. Number of Employees, Sports Market, Sports Market/Number of Employees, 2020, South America Countries
18.6. South America Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7. South America Sports Market: Country Analysis
18.7.1. Argentina Sports Market
18.7.1.1. Argentina Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.2. Brazil Sports Market
18.7.2.1. Brazil Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.3. Chile Sports Market
18.7.3.1. Chile Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.4. Colombia Sports Market
18.7.4.1. Colombia Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.5. Peru Sports Market
18.7.5.1. Peru Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.6. Venezuela Sports Market
18.7.6.1. Venezuela Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19. Middle East Sports Market
19.1. Middle East Sports Market Overview
19.2. Middle East, Sports Market, 2020, By Country, Value ($ Billion)
19.3. Middle East, Sports Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
19.4. Middle East, Sports Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
19.5. Middle East, Sports Market Metrics
19.5.1. Per Capita Average Sports Expenditure, 2015-2025, Middle East Countries
19.5.2. Number of Enterprises, Sports Market, Sports Market/Number of Enterprises, 2020, Middle East Countries
19.5.3. Number of Employees, Sports Market, Sports Market/Number of Employees, 2020, Middle East Countries
19.6. Middle East Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7. Middle East Sports Market: Country Analysis
19.7.1. Saudi Arabia Sports Market
19.7.1.1. Saudi Arabia Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.2. Israel Sports Market
19.7.2.1. Israel Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.3. Turkey Sports Market
19.7.3.1. Turkey Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.4. UAE Sports Market
19.7.4.1. UAE Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20. Africa Sports Market
20.1. Africa Sports Market Overview
20.2. Africa, Sports Market, 2020, By Country, Value ($ Billion)
20.3. Africa, Sports Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
20.4. Africa, Sports Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
20.5. Africa, Sports Market Metrics
20.5.1. Per Capita Average Sports Expenditure, 2015-2025, Africa Countries
20.5.2. Number of Enterprises, Sports Market, Sports Market/Number of Enterprises, 2020, Africa Countries
20.5.3. Number of Employees, Sports Market, Sports Market/Number of Employees, 2020, Africa Countries
20.6. Africa Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7. Africa Sports Market: Country Analysis
20.7.1. Egypt Sports Market
20.7.1.1. Egypt Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7.2. Nigeria Sports Market
20.7.2.1. Nigeria Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7.3. South Africa Sports Market
20.7.3.1. South Africa Sports Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
21. Sports Market Competitive Landscape
21.1. Competitive Market Overview
21.2. Market Shares
21.3. Company Profiles
21.3.1. Dallas Cowboys
21.3.1.1. Company Overview
21.3.1.2. Products And Services
21.3.1.3. Strategy
21.3.1.4. Financial Performance
21.3.2. Manchester United
21.3.2.1. Company Overview
21.3.2.2. Products And Services
21.3.2.3. Strategy
21.3.2.4. Financial Performance
21.3.3. Futbol Club Barcelona S.L
21.3.3.1. Company Overview
21.3.3.2. Products And Services
21.3.3.3. Strategy
21.3.3.4. Financial Performance
21.3.4. Real Madrid
21.3.4.1. Company Overview
21.3.4.2. Products And Services
21.3.4.3. Strategy
21.3.4.4. Financial Performance
21.3.5. FC Bayern Munich AG
21.3.5.1. Company Overview
21.3.5.2. Products And Services
21.3.5.3. Strategy
21.3.5.4. Financial Performance
22. Key Mergers And Acquisitions In The Sports Market
23. Market Background: Recreation Market
23.1. Recreation Market Characteristics
23.2. Recreation Market Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Growth, By Segment, Value ($ Billion), Global
23.3. Global Recreation Market, 2020, By Region, Value ($ Billion)
23.4. Global Recreation Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
23.5. Global Recreation Market, 2015-2020, 2020-2025F, 2030F, Segmentation By Type, Value ($ Billion)
24. Recommendations
24.1. Global Sports Market In 2025- Growth Countries
24.2. Global Sports Market In 2025- Growth Segments
24.3. Global Sports Market In 2025- Growth Strategies
25. Appendix
25.1. NAICS Definitions Of Industry Covered In This Report
25.2. Abbreviations
25.3. Currencies
25.4. Research Inquiries
25.5. The Publisher
26. Copyright And Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Dallas Cowboys
  • FC Bayern Munich AG
  • Futbol Club Barcelona S.L
  • Manchester United
  • Real Madrid
Major companies in the sports market include Dallas Cowboys; Manchester United; Futbol Club Barcelona S.L; Real Madrid and FC Bayern Munich AG.

The global sports market is expected to grow from $388.28 billion in 2020 to $440.77 billion in 2021 at a compound annual growth rate (CAGR) of 13.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $599.9 billion in 2025 at a CAGR of 8%.

The sports market consists of sales of sports services and related goods by entities (organizations, sole traders and partnerships) that provide live sporting events before a paying audience or entities that operate golf courses and country clubs, skiing facilities, marinas, fitness and recreational sports centers, and bowling centers. The sports market is segmented into spectator sports and participatory sports.

North America was the largest region in the global sports market, accounting for 35% of the market in 2020. Asia Pacific was the second largest region accounting for 30% of the global sports market. Africa was the smallest region in the global sports market.

Sports organizers are implementing virtual reality (VR) technology to improve the spectators’ experience in sporting events. Virtual reality generates images, sounds and other sensations that simulate a physical presence in an imaginary environment. Clubs and teams are experimenting with simulated and 360-degree environments to enhance the match viewing experience of the spectators by allowing them to have a virtual walkthrough of the stadium or the race track and view the match at different angles. For instance, the NBA game between the Sacramento Kings and San Antonio Spurs was broadcasted in VR. NASCAR has created an interactive fan area at the race tracks with the implementation of virtual reality.

The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the sports market in 2020 as governments globally imposed lockdowns and restricted domestic and international travel limiting the need for services offered by these establishments. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in closure of recreational facilities with countries entering a state of 'lock down' and the outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the sports market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.

The market is expected to benefit from steady economic growth forecasted for many developed and developing countries. The International Monetary Fund (IMF) predicts that the global real GDP growth will be 3.7% over 2019 and 2020, and 3.6% from 2021 to 2023. Recovering commodity prices, after a decline in 2014 and 2015, are further expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. For instance, India’s GDP is expected to grow at 7.3%, whereas China is forecasted to register GDP growth of 6.2% in 2019. This continued economic growth is expected to drive the demand for sports.
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Dallas Cowboys
  • Manchester United
  • Futbol Club Barcelona S.L
  • Real Madrid
  • FC Bayern Munich AG
Note: Product cover images may vary from those shown

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