Global Spectator Sports Market Size and Forecast to 2021 – 2024 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data. The research analysts provide a detailed description of the value chain and its distributor analysis. This Market study provides comprehend Spectator Sports data that enhances the understanding, scope, and application of this report.
The study includes market share analysis and profiles of players such as FC Barcelona; Dallas Cowboys; Real Madrid; Manchester United Football Club; New York Yankees.
The global spectator sports market reached a value of nearly $94,435.9 million in 2020, declined at a compound annual growth rate (CAGR) of -2.1% since 2015, and is expected to grow at a CAGR of 16.3% to nearly $200,878.0 million by 2025.
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The global spectator sports market is highly fragmented with a large number of small players in the market. The top ten competitors in the market made up to 4.8% of the total market in 2019. High fragmentation of the spectator sports market is mainly due to presence of local clubs and teams across countries who offer spectator sports according to local culture and preferences. Major players in the market include Futbol Club Barcelona, Dallas Cowboys, Manchester United Football Club, Real Madrid, New York Yankees and others.
North America was the largest region in the spectator sports market, accounting for 35.4% of the global market in 2020. It was followed by Asia- Pacific, Western Europe and then the other regions. Going forward, the fastest growing regions in the spectator sports market will be South America and Africa, where growth will be at CAGRs of 22.3% and 20.5% respectively. These will be followed by Africa and the Europe, where the markets are expected to grow at CAGRs of 18.8% and 18.6% respectively.
The spectator sports market is also segmented by type of sport into badminton, baseball, basketball, cricket, cycling, hockey, ice hockey, racing, rugby/football, soccer, table tennis, tennis, volleyball, wrestling/boxing and others. The soccer market was the largest segment of the spectator sports market, accounting for $24,846.8 million or 26.3% of the total in 2020. The spectator sports soccer market is expected to be the fastest-growing segment going forward at a CAGR of 17.9%.
Growth in the historic period resulted from emerging markets growth, and rapid urbanization. Factors that negatively affected growth in the historic period were climate change, shortage of sports officials, and doping scandals impact sports.
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Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Spectator Sports market.
The study objectives of this report are:
- To study and analyze the global Spectator Sports size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2029, and forecast to 2030.
- To understand the structure of Spectator Sports by identifying its various sub-segments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global Spectator Sports manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To analyze the Spectator Sports with respect to individual growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of Spectator Sports submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
Finally, the Spectator Sports Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure, and so on. Spectator Sports industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.