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Sports Sponsorship Market 2023-2032 : Demand, Trend, Segmentation, Forecast, Industry Overview, Opportunity Assessment And Top Companies Adidas, Nike Inc., Pepsi Co., Rolex, The Coca-Cola Company
Sports Sponsorship Global Market
Sports Sponsorship Market Size, Growth Rate, And Forecast
The global sports sponsorship market size is expected to grow from $60.09 billion in 2022 to $63.74 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global sports sponsorship market size is expected to reach $79.42 billion in 2027 at a CAGR of 5.7%.
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Sports Sponsorship Market Drivers
The growing number of sports events is expected to propel the growth of the sports sponsorship market going forward. The number of sports events has been increasing steadily in recent years due to several reasons such as the growing popularity of sports and the increased availability of resources for organizing events. Additionally, the globalization of sports has made it possible for sports to reach a wider audience and gain greater recognition worldwide. This has attracted sponsors to provide monetary sponsorships and promote their brand and products through advertisements.
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Sports Sponsorship Market Segments
• By Type: Signage, Digital Activation, Club And Venue Activation, Other Types
• By Application: Competition Sponsorship, Training Sponsorship, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Sports Sponsorship market.
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Sports Sponsorship Market Key Players
Major competitors in the Sports Sponsorship market include Adidas, Nike Inc., Pepsi Co., Rolex, The Coca-Cola Company, Puma, Samsung, Castrol, Tata, Jio, Intel, Qatar Airways Group
The Business Research Company's "Global Sports Sponsorship Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Sports Sponsorship Market Include:
1. Executive Summary
2. Sports Sponsorship Market Characteristics
3. Sports Sponsorship Market Trends And Strategies
4. Sports Sponsorship Market - Macro Economic Scenario
5. Sports Sponsorship Market Size And Growth
……….
28. Key Mergers And Acquisitions In The Sports Sponsorship Market
29. Sports Sponsorship Market Future Outlook and Potential Analysis
30. Appendix
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