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Sports Events Market By Revenue Source, By Age Group: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 219 Pages
  • August 2022
  • Region: Global
  • Allied Market Research
  • ID: 5671224
Description Jump to:
The global sports events market size was valued at $184,612.2 million in 2021 and is estimated to reach $609,066.8 million by 2031, registering a CAGR of 10.5% from 2022 to 2031. One of the key drivers of the market's growth is the considerable increase in sporting events such as the Olympics, the Football World Cup, and the NBA. It is anticipated that rise in premier leagues in various sports and the expanding popularity of sportsmen will further contribute to the growth. The industry is expected to have plenty of development prospects due to factors including the expanding acceptance of digital tickets and the increased use of smartphones worldwide. The lack of pricing management and the ambiguity around ticket prices, however, could limit market expansion.

Most sporting events are being postponed or cancelled as a result of the COVID-19 pandemic, which has a detrimental influence on the market. For instance, both the National Hockey League (NHL) and the National Basketball Association (NBA) postponed their seasons. The seasons of Major League Baseball (MLB), Major League Soccer (MLS), and the Professional Golfers' Association (PGA) Tour were all suspended. Due to the epidemic, some sports leagues changed their schedules. Such sports event cancellations have an effect on industry sales and income production.

According to the Sports events market analysis, the sports events market is segmented into revenue source, age group and region. By revenue source, it is segregated into ticket sale, sponsorship and others. On the basis of age group, the market is categorized into Below 20 years, 21-40 years and 41 years & above. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia, Netherlands and Rest of Europe), Asia-Pacific (China, Japan, India, Australia and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa and Rest of LAMEA).

Region wise, LAMEA has gained considerable share in sports events market and is expected grow at highest CAGR. This is majorly attributed to growing per capita income, rise in expenditure on the entertainment and rise in number of sports events in Brazil, Argentina and South Africa. Furthermore, one of the key aspects supporting the expansion of the events sector in this region is robust economic growth, which presents profitable investment prospects. In addition, the high penetration of technology and the internet in the densely populated nations spurs market expansion by increasing public awareness of upcoming sporting events. Social media has a significant impact on the expansion of the events sector because it makes it easy to contact a large audience, learn about their preferences, and create events that meet those needs. Thus, above factors are expected to boost the growth of the LAMEA sports events market during the forecast period.

The major players operating in the market are Ace Ticket Worldwide, Inc., GooTickets.Com, Razorgator LLC, SeatGeek, StubHub, Ticket City, Inc., Tickets.com, LLC, Ticketek Pty Ltd, Ticketmaster and TickPick LLC.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the sports events market analysis from 2021 to 2031 to identify the prevailing sports events market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the sports events market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global sports events market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Revenue Source

  • Ticket Sale
  • Sponsorship
  • Others

By Age Group

  • Below 20 years
  • 21 to 40 years
  • 41 years and above

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Argentina
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • Ace Ticket Worldwide, Inc.
  • GooTickets.Com
  • Razorgator LLC
  • SeatGeek
  • StubHub
  • Ticket City, Inc.
  • Tickets.com, LLC
  • Ticketek Pty Ltd
  • Ticketmaster
  • TickPick LLC

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: SPORTS EVENTS MARKET, BY REVENUE SOURCE
4.1 Overview
4.1.1 Market size and forecast
4.2 Ticket Sale
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Sponsorship
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Others
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: SPORTS EVENTS MARKET, BY AGE GROUP
5.1 Overview
5.1.1 Market size and forecast
5.2 Below 20 years
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 21 to 40 years
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 41 years and above
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
CHAPTER 6: SPORTS EVENTS MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Revenue Source
6.2.3 North America Market size and forecast, by Age Group
6.2.4 North America Market size and forecast, by country
6.2.4.1 U.S.
6.2.4.1.1 Market size and forecast, by Revenue Source
6.2.4.1.2 Market size and forecast, by Age Group
6.2.4.2 Canada
6.2.4.2.1 Market size and forecast, by Revenue Source
6.2.4.2.2 Market size and forecast, by Age Group
6.2.4.3 Mexico
6.2.4.3.1 Market size and forecast, by Revenue Source
6.2.4.3.2 Market size and forecast, by Age Group
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Revenue Source
6.3.3 Europe Market size and forecast, by Age Group
6.3.4 Europe Market size and forecast, by country
6.3.4.1 Germany
6.3.4.1.1 Market size and forecast, by Revenue Source
6.3.4.1.2 Market size and forecast, by Age Group
6.3.4.2 France
6.3.4.2.1 Market size and forecast, by Revenue Source
6.3.4.2.2 Market size and forecast, by Age Group
6.3.4.3 UK
6.3.4.3.1 Market size and forecast, by Revenue Source
6.3.4.3.2 Market size and forecast, by Age Group
6.3.4.4 Italy
6.3.4.4.1 Market size and forecast, by Revenue Source
6.3.4.4.2 Market size and forecast, by Age Group
6.3.4.5 Spain
6.3.4.5.1 Market size and forecast, by Revenue Source
6.3.4.5.2 Market size and forecast, by Age Group
6.3.4.6 Russia
6.3.4.6.1 Market size and forecast, by Revenue Source
6.3.4.6.2 Market size and forecast, by Age Group
6.3.4.7 Netherlands
6.3.4.7.1 Market size and forecast, by Revenue Source
6.3.4.7.2 Market size and forecast, by Age Group
6.3.4.8 Rest of Europe
6.3.4.8.1 Market size and forecast, by Revenue Source
6.3.4.8.2 Market size and forecast, by Age Group
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Revenue Source
6.4.3 Asia-Pacific Market size and forecast, by Age Group
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 China
6.4.4.1.1 Market size and forecast, by Revenue Source
6.4.4.1.2 Market size and forecast, by Age Group
6.4.4.2 Japan
6.4.4.2.1 Market size and forecast, by Revenue Source
6.4.4.2.2 Market size and forecast, by Age Group
6.4.4.3 India
6.4.4.3.1 Market size and forecast, by Revenue Source
6.4.4.3.2 Market size and forecast, by Age Group
6.4.4.4 Australia
6.4.4.4.1 Market size and forecast, by Revenue Source
6.4.4.4.2 Market size and forecast, by Age Group
6.4.4.5 Rest of Asia-Pacific
6.4.4.5.1 Market size and forecast, by Revenue Source
6.4.4.5.2 Market size and forecast, by Age Group
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Revenue Source
6.5.3 LAMEA Market size and forecast, by Age Group
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Brazil
6.5.4.1.1 Market size and forecast, by Revenue Source
6.5.4.1.2 Market size and forecast, by Age Group
6.5.4.2 Argentina
6.5.4.2.1 Market size and forecast, by Revenue Source
6.5.4.2.2 Market size and forecast, by Age Group
6.5.4.3 Saudi Arabia
6.5.4.3.1 Market size and forecast, by Revenue Source
6.5.4.3.2 Market size and forecast, by Age Group
6.5.4.4 South Africa
6.5.4.4.1 Market size and forecast, by Revenue Source
6.5.4.4.2 Market size and forecast, by Age Group
6.5.4.5 Rest of LAMEA
6.5.4.5.1 Market size and forecast, by Revenue Source
6.5.4.5.2 Market size and forecast, by Age Group
CHAPTER 7: COMPANY LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments
CHAPTER 8: COMPANY PROFILES
8.1 Ace Ticket Worldwide, Inc.
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments
8.2 GooTickets.Com
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 Razorgator LLC
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments
8.4 SeatGeek
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments
8.5 StubHub
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments
8.6 Ticket City, Inc.
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments
8.7 Tickets.com, LLC
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments
8.8 Ticketek Pty Ltd
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments
8.9 Ticketmaster
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments
8.10 TickPick LLC
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Product portfolio
8.10.5 Business performance
8.10.6 Key strategic moves and developments
List of Tables
Table 1. Global Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 2. Optical Brighteners Market Size, for Detergent Brightener, by Region, 2021-2031 ($Million)
Table 3. Optical Brighteners Market for Detergent Brightener, by Country, 2021-2031 ($Million)
Table 4. Optical Brighteners Market Size, for Paper Brightning, by Region, 2021-2031 ($Million)
Table 5. Optical Brighteners Market for Paper Brightning, by Country, 2021-2031 ($Million)
Table 6. Optical Brighteners Market Size, for Fiber Whitening, by Region, 2021-2031 ($Million)
Table 7. Optical Brighteners Market for Fiber Whitening, by Country, 2021-2031 ($Million)
Table 8. Optical Brighteners Market Size, for Textile Whitening, by Region, 2021-2031 ($Million)
Table 9. Optical Brighteners Market for Textile Whitening, by Country, 2021-2031 ($Million)
Table 10. Optical Brighteners Market Size, for Cosmetics, by Region, 2021-2031 ($Million)
Table 11. Optical Brighteners Market for Cosmetics, by Country, 2021-2031 ($Million)
Table 12. Optical Brighteners Market Size, for Other, by Region, 2021-2031 ($Million)
Table 13. Optical Brighteners Market for Other, by Country, 2021-2031 ($Million)
Table 14. Global Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 15. Optical Brighteners Market Size, for Consumer Product, by Region, 2021-2031 ($Million)
Table 16. Optical Brighteners Market for Consumer Product, by Country, 2021-2031 ($Million)
Table 17. Optical Brighteners Market Size, for Security and Safety, by Region, 2021-2031 ($Million)
Table 18. Optical Brighteners Market for Security and Safety, by Country, 2021-2031 ($Million)
Table 19. Optical Brighteners Market Size, for Textiles and Apparel, by Region, 2021-2031 ($Million)
Table 20. Optical Brighteners Market for Textiles and Apparel, by Country, 2021-2031 ($Million)
Table 21. Optical Brighteners Market Size, for Packaging, by Region, 2021-2031 ($Million)
Table 22. Optical Brighteners Market for Packaging, by Country, 2021-2031 ($Million)
Table 23. Optical Brighteners Market Size, for Others, by Region, 2021-2031 ($Million)
Table 24. Optical Brighteners Market for Others, by Country, 2021-2031 ($Million)
Table 25. Optical Brighteners Market, by Region, 2021-2031 ($Million)
Table 26. North America Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 27. North America Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 28. North America Optical Brighteners Market, by Country, 2021-2031 ($Million)
Table 29. U.S. Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 30. U.S. Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 31. Canada Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 32. Canada Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 33. Mexico Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 34. Mexico Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 35. Europe Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 36. Europe Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 37. Europe Optical Brighteners Market, by Country, 2021-2031 ($Million)
Table 38. Germany Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 39. Germany Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 40. France Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 41. France Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 42. UK Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 43. UK Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 44. Italy Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 45. Italy Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 46. Spain Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 47. Spain Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 48. Rest of Europe Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 49. Rest of Europe Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 50. Asia-Pacific Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 51. Asia-Pacific Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 52. Asia-Pacific Optical Brighteners Market, by Country, 2021-2031 ($Million)
Table 53. China Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 54. China Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 55. Japan Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 56. Japan Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 57. India Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 58. India Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 59. South Korea Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 60. South Korea Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 61. Australia Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 62. Australia Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 63. Rest of Asia-Pacific Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 64. Rest of Asia-Pacific Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 65. LAMEA Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 66. LAMEA Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 67. LAMEA Optical Brighteners Market, by Country, 2021-2031 ($Million)
Table 68. Brazil Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 69. Brazil Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 70. Saudi Arabia Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 71. Saudi Arabia Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 72. South Africa Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 73. South Africa Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 74. Rest of LAMEA Optical Brighteners Market, by Application, 2021-2031 ($Million)
Table 75. Rest of LAMEA Optical Brighteners Market, by End Use, 2021-2031 ($Million)
Table 76. Basf Se: Company Snapshot
Table 77. Basf Se: Operating Segments
Table 78. Basf Se: Product Portfolio
Table 79. Basf Se: Net Sales
Table 80. Basf Se: Key Stratergies
Table 81. Aron Universal Limited,: Company Snapshot
Table 82. Aron Universal Limited,: Operating Segments
Table 83. Aron Universal Limited,: Product Portfolio
Table 84. Aron Universal Limited,: Net Sales
Table 85. Aron Universal Limited,: Key Stratergies
Table 86. Huntsman International LLC: Company Snapshot
Table 87. Huntsman International LLC: Operating Segments
Table 88. Huntsman International LLC: Product Portfolio
Table 89. Huntsman International LLC: Net Sales
Table 90. Huntsman International LLC: Key Stratergies
Table 91. Clariant Chemicals (India) Ltd: Company Snapshot
Table 92. Clariant Chemicals (India) Ltd: Operating Segments
Table 93. Clariant Chemicals (India) Ltd: Product Portfolio
Table 94. Clariant Chemicals (India) Ltd: Net Sales
Table 95. Clariant Chemicals (India) Ltd: Key Stratergies
Table 96. Eastman Chemical Company: Company Snapshot
Table 97. Eastman Chemical Company: Operating Segments
Table 98. Eastman Chemical Company: Product Portfolio
Table 99. Eastman Chemical Company: Net Sales
Table 100. Eastman Chemical Company: Key Stratergies
Table 101. Archroma Management LLC: Company Snapshot
Table 102. Archroma Management LLC: Operating Segments
Table 103. Archroma Management LLC: Product Portfolio
Table 104. Archroma Management LLC: Net Sales
Table 105. Archroma Management LLC: Key Stratergies
Table 106. Milliken & Company: Company Snapshot
Table 107. Milliken & Company: Operating Segments
Table 108. Milliken & Company: Product Portfolio
Table 109. Milliken & Company: Net Sales
Table 110. Milliken & Company: Key Stratergies
Table 111. Teh Fong Min International Co., Ltd.: Company Snapshot
Table 112. Teh Fong Min International Co., Ltd.: Operating Segments
Table 113. Teh Fong Min International Co., Ltd.: Product Portfolio
Table 114. Teh Fong Min International Co., Ltd.: Net Sales
Table 115. Teh Fong Min International Co., Ltd.: Key Stratergies
Table 116. Akzo Nobel N.V.: Company Snapshot
Table 117. Akzo Nobel N.V.: Operating Segments
Table 118. Akzo Nobel N.V.: Product Portfolio
Table 119. Akzo Nobel N.V.: Net Sales
Table 120. Akzo Nobel N.V.: Key Stratergies
Table 121. Rpm International Corp: Company Snapshot
Table 122. Rpm International Corp: Operating Segments
Table 123. Rpm International Corp: Product Portfolio
Table 124. Rpm International Corp: Net Sales
Table 125. Rpm International Corp: Key Stratergies
List of Figures
Figure 1. Sports Events Market Segmentation
Figure 2. Sports Events Market,2021-2031
Figure 3. Sports Events Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Sports Events Market:Drivers, Restraints and Opportunities
Figure 12. Sports Events Market,By Revenue Source,2021(%)
Figure 13. Comparative Share Analysis of Ticket Sale Sports Events Market,2021-2031(%)
Figure 14. Comparative Share Analysis of Sponsorship Sports Events Market,2021-2031(%)
Figure 15. Comparative Share Analysis of Others Sports Events Market,2021-2031(%)
Figure 16. Sports Events Market,By Age Group,2021(%)
Figure 17. Comparative Share Analysis of Below 20 Years Sports Events Market,2021-2031(%)
Figure 18. Comparative Share Analysis of 21 to 40 Years Sports Events Market,2021-2031(%)
Figure 19. Comparative Share Analysis of 41 Years and Above Sports Events Market,2021-2031(%)
Figure 20. Sports Events Market by Region,2021
Figure 21. U.S. Sports Events Market,2021-2031($Million)
Figure 22. Canada Sports Events Market,2021-2031($Million)
Figure 23. Mexico Sports Events Market,2021-2031($Million)
Figure 24. Germany Sports Events Market,2021-2031($Million)
Figure 25. France Sports Events Market,2021-2031($Million)
Figure 26. Uk Sports Events Market,2021-2031($Million)
Figure 27. Italy Sports Events Market,2021-2031($Million)
Figure 28. Spain Sports Events Market,2021-2031($Million)
Figure 29. Russia Sports Events Market,2021-2031($Million)
Figure 30. Netherlands Sports Events Market,2021-2031($Million)
Figure 31. Rest of Europe Sports Events Market,2021-2031($Million)
Figure 32. China Sports Events Market,2021-2031($Million)
Figure 33. Japan Sports Events Market,2021-2031($Million)
Figure 34. India Sports Events Market,2021-2031($Million)
Figure 35. Australia Sports Events Market,2021-2031($Million)
Figure 36. Rest of Asia-Pacific Sports Events Market,2021-2031($Million)
Figure 37. Brazil Sports Events Market,2021-2031($Million)
Figure 38. Argentina Sports Events Market,2021-2031($Million)
Figure 39. Saudi Arabia Sports Events Market,2021-2031($Million)
Figure 40. South Africa Sports Events Market,2021-2031($Million)
Figure 41. Rest of LAMEA Sports Events Market,2021-2031($Million)
Figure 42. Top Winning Strategies, by Year
Figure 43. Top Winning Strategies, by Development
Figure 44. Top Winning Strategies, by Company
Figure 45. Product Mapping of Top 10 Players
Figure 46. Competitive Dashboard
Figure 47. Competitive Heatmap of Top 10 Key Players
Figure 48. Ace Ticket Worldwide, Inc..: Net Sales ,($Million)
Figure 49. Gootickets.Com.: Net Sales ,($Million)
Figure 50. Razorgator LLC.: Net Sales ,($Million)
Figure 51. Seatgeek.: Net Sales ,($Million)
Figure 52. Stubhub.: Net Sales ,($Million)
Figure 53. Ticket City, Inc..: Net Sales ,($Million)
Figure 54. Tickets.Com, LLC.: Net Sales ,($Million)
Figure 55. Ticketek Pty Ltd.: Net Sales ,($Million)
Figure 56. Ticketmaster.: Net Sales ,($Million)
Figure 57. Tickpick LLC.: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Sports Events Market," the sports events market size was valued at $184.61 billion in 2021, and is estimated to reach $609.07 billion by 2031, growing at a CAGR of 10.5% from 2022 to 2031.

The introduction of league-based competitions for other sports, such as kabaddi in India, as well as increased viewing, sponsorship, and involvement in sports other than cricket and football, are anticipated to present enormous opportunities to profit from the less well-liked sports. Football is extremely popular in North America and Europe, much as cricket is in India. Eight significant league-based sports competitions began in the 2013-15 season, including the ISL, PKL, Premier Badminton League (PBL), and Hockey India League (HIL). While some of these events experienced immediate success, others failed to amass enough support from viewers, advertisers, and broadcasters. Growing popularity for indigenous sports and postive feedback for such sports are likley to boost the growth of the sports events industry.

Some of the factors driving market expansion in the area include the expanding sporting events business, rising per capita income, the burgeoning middle-class population, and rising disposable income. In addition, the growing popularity of major sporting events such as the Tokyo Olympics and the Cricket World Cup, along with rising digitization in China and India, further fuel market expansion. The market is expected to have plenty of opportunities due to the widespread acceptance of digital tickets and the expanding use of smartphones worldwide. However, during the anticipated timeframe, market development is anticipated to be constrained by the unpredictability of ticket pricing and a lack of price management.

Sports have not been exempt from the coronavirus outbreak sweeping the globe. In fact, the epidemic has had a profound influence on and, in many aspects it paralyzed the sports business. Sporting events have been cancelled or postponed at the worldwide, regional, and national levels, the most major being the postponement of the Tokyo 2020 Olympics to July 2021. Many have been prompted to reconsider and even change the meaning of the athletic experience as a result of the disruption brought on by COVID-19. Digital technology helped sports play its bit in adjusting and reacting to the situation when the world went into lockdown.

According to the sports events market analysis, the sports events market is segmented into revenue source, age group and region. By revenue source, it is segregated into ticket sale, sponsorship and others. On the basis of age group, the market is categorized into Below 20 years, 21-40 years and 41 years & above. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia, Netherlands and Rest of Europe), Asia-Pacific (China, Japan, India, Australia and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa and Rest of LAMEA).

According to the sports events market trends, on the basis of revenue source, the tickets segment was the significant contributor to the market, with $63,865.1 million in 2021, and is estimated to reach $202,205.6 million by 2031, at a CAGR of 10.0% during the forecast period. A ticket is a voucher that indicates that an individual is entitled to admission to sports event. Digital tickets and online printable tickets, and paper tickets are majorly used forms of the sports event tickets. Online tickets for sports events has been gaining huge popularity owing to its convenience offered and hassle free payment getaways. Digital ticketing creating the high level of transparency, which is expected to reduce the black ticketing practices. Thus, above mentioned factors are projected to spur the sports events market growth during the forecast period.

According to the sports events market analysis, on the basis of age group, below 20 years segment was the significant contributor to the market and is estimated to reach $202,323.8 million by 2031, at a CAGR of 10.3% during the forecast period. The below 20 years segment includes the children, and are open to new learning and enthusiast to take up challenges & thrilling activities. Numerous school & college students attain various sporting events through schools and individually. Increase in participation of the kids and children in sports activities is likely to generate more interest in viewing live sports. Thus, below 20 years segment is growing at significant CAGR during the forecast period.

According to the sports events market opportunity, region wise, North America garnered the major sports events market share in 2021, and is expected to maintain its market share throughout Sports events market forecast period. In 2020, North America had the highest revenue share of more than 50%. The main driver of regional growth is the rise in viewership for sports other than football in United States. With well-known clubs like the Bulls, Cavaliers, 76ers, Raptors, Mavericks, Warriors, Trail Blazers, and NY Knicks, football is the most watched sport in the area. The games are watched by a sizable audience both offline and online. In 2018, 851 824 people watched the Bulls on ESPN, and 843 042 people watched the Cavaliers. In addition, due to consumer accessibility and convenience, smartphone-based event ticketing services are anticipated to become the primary revenue-generating segment.Thus, above mentioned factors are likley to favor the growth of the sports events market demand in North America.

The players operating in the global sports events industry have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report are Ace Ticket Worldwide, Inc., GooTickets.Com, Razorgator LLC, SeatGeek, StubHub, Ticket City, Inc., Tickets.com, LLC, Ticketek Pty Ltd, Ticketmaster and TickPick LLC.

Key Findings of the Study

  • The sports events market size was valued at $184,612.2 million in 2020, and is estimated to reach $609,066.8 million by 2031, registering a CAGR of 10.5% from 2022 to 2031.
  • In 2021, on the basis of revenue source, the sponsorship segment acquired $79,572.4 million, exhibiting 43.1% of the global market share.
  • In 2021, by age group, the 21-40 years segment was valued at $90,508.4 million, accounting for 49.0% of the market share.
  • China was the most prominent market in Asia-Pacific in 2021, and is projected to reach $77,522.0 million by 2031, growing at a CAGR of 12.2% during the forecast period.

Companies Mentioned

  • Ace Ticket Worldwide, Inc.
  • Gootickets.Com
  • Razorgator LLC
  • Seatgeek
  • Stubhub
  • Ticket City, Inc.
  • Tickets.Com, LLC
  • Ticketek Pty Ltd
  • Ticketmaster
  • Tickpick LLC

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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