Press release
Sports Market Size Expected to Reach $660 billion by 2022: The Business Research Company
The sports market consists of sales of sports services and related goods by entities (organizations, sole traders and partnerships) that offer spectator sports and participatory sports. Spectator sports includes teams or clubs and independent athletes that present sporting events before a paying audience. The racing team owners of racing participants that enter the participants into racing events or other spectator sports events and the sports trainers who provide specialized services to support participants in sports events or competitions are part of this industry. The establishments that operate race tracks are also included in this industry.
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The sports market size is expected to reach $660 billion by 2022, significantly growing at a CAGR of around 5% during the forecast period. The growth in the sports market is due to increased number of auto and animal racing events and growing popularity of major sports leagues.
However, the market for sports is expected to face certain restraints from several factors such as increased costs and decline in margins, weather conditions and demographic changes.
Sports Market Trends - Mobile ticketing, virtual reality to enhance spectator experience and analytics for pricing tickets are the major trends witnessed in the global sports market.
Sports Market Potential Opportunities - With increasing TV and social media advertising for sporting events, government initiatives and partnerships to promote sports events and growing popularity of sports, the scope and potential for the global sports market is expected to significantly rise in the forecast period.
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Table Of Content
Chapter 1. Executive Summary
Chapter 2. Report Structure
Chapter 3. Sports Market Characteristics
Chapter 4. Sports Market Product Analysis
Chapter 5. Sports Market Supply Chain
Chapter 6. Sports Market Customer Information
Chapter 7. Sports Market Trends And Strategies
Chapter 8. Sports Market Size And Growth
Chapter 9. Sports Market Regional Analysis
Chapter 10. Sports Market Segmentation
Chapter 11. Sports Market Segments
Chapter 12. Sports Market Metrics
Chapter 13. Asia-Pacific Sports Market
Chapter 14. Western Europe Sports Market
Chapter 15. Eastern Europe Sports Market
Chapter 16. North America Sports Market
Chapter 17. South America Sports Market
Chapter 18. Middle East Sports Market
Chapter 19. Africa Sports Market
Chapter 20. Sports Market Competitive Landscape
Chapter 21. Key Mergers And Acquisitions In The Sports Market
Chapter 22. Market Background: Recreation Market
Chapter 23. Recommendations
Chapter 24. Appendix
Chapter 25. Copyright And Disclaimer
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About The Business Research Company:
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
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