Spectator Sports Trends and Forecast
The future of the global spectator sports market looks promising with opportunities in the badminton, baseball, basketball, cricket, cycling, and hockey markets. The global spectator sports market is expected to grow with a CAGR of 4.7% from 2024 to 2030. The major drivers for this market are rise in global organization of sports events, rise in internet-connected gadgets, and growing digital platforms elevating sports spectatorship.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Spectator Sports by Segment
The study includes a forecast for the global spectator sports by sports, revenue source, and region.
Spectator Sports Market by Sports [Shipment Analysis by Value from 2018 to 2030]:
• Badminton
• Baseball
• Basketball
• Cricket
• Cycling
• Hockey
• Others
Spectator Sports Market by Revenue Source [Shipment Analysis by Value from 2018 to 2030]:
• Tickets
• Media Rights
• Sponsorship
• Merchandising
Spectator Sports Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Spectator Sports Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies spectator sports companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the spectator sports companies profiled in this report include-
• Dallas Cowboys
• New York Yankees
• Speedway Motorsports
• Bayern Munich
• Star Sports
• FanCode
• Fubo
• Sony Sports Network
• Sportsradar
• JioCinema
Spectator Sports Market Insights
Lucintel forecasts that media rights is expected to witness the highest growth over the forecast period due to broadcasting dominance.
Within this market, widespread popularity is expected to witness the highest growth.
North America is expected to witness highest growth over the forecast period.
Features of the Global Spectator Sports Market
Market Size Estimates: Spectator sports market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Spectator sports market size by sports, revenue source, and region in terms of value ($B).
Regional Analysis: Spectator sports market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different sports, revenue source, and regions for the spectator sports market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the spectator sports market.
Análisis de la intensidad competitiva de la industria basada en el modelo de cinco fuerzas de Porter.
Preguntas frecuentes
Q1. What is the growth forecast for spectator sports market?
Answer: The global spectator sports market is expected to grow with a CAGR of 4.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the spectator sports market?
Answer: The major drivers for this market are rise in global organization of sports events, rise in internet-connected gadgets, and growing digital platforms elevating sports spectatorship.
Q3. What are the major segments for spectator sports market?
Answer: The future of the global spectator sports market looks promising with opportunities in the badminton, baseball, basketball, cricket, cycling, and hockey markets.
Q4. Who are the key spectator sports market companies?
Answer: Some of the key spectator sports companies are as follows:
• Dallas Cowboys
• New York Yankees
• Speedway Motorsports
• Bayern Munich
• Star Sports
• FanCode
• Fubo
• Sony Sports Network
• Sportsradar
• JioCinema
Q5. Which spectator sports market segment will be the largest in future?
Answer: Lucintel forecasts that media rights is expected to witness the highest growth over the forecast period due to broadcasting dominance.
Q6. In spectator sports market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the spectator sports market by sports (badminton, baseball, basketball, cricket, cycling, hockey, and others), revenue source (tickets, media rights, sponsorship, and merchandising), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Spectator Sports Market, Spectator Sports Market Size, Spectator Sports Market Growth, Spectator Sports Market Analysis, Spectator Sports Market Report, Spectator Sports Market Share, Spectator Sports Market Trends, Spectator Sports Market Forecast, Spectator Sports Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.