Press release
Global Sports Buildings Market: Strong Growth, Rising CAGR and Key Drivers
Sports Buildings Market
What Is The Projected Market Size Of The Global Sports Buildings Market And Its Growth Rate?
The sports buildings market has shown robust growth in recent years with a few key trends set to shape the future of the industry.
- The market size stood at $182.91 billion in 2024 and grew to $194.37 billion in 2025, reflecting a CAGR of 6.3%. Factors contributing to the historic period growth include sporting events and leagues, urbanization and recreation trends, government investment in sports, community engagement, and corporate sponsorship, and funding.
- Continuing the upward trend, the market size is projected to reach $246.04 billion in 2029 at a CAGR of 6.1%. Key factors for this forecasted growth include global sporting events, emphasis on health and wellness, smart and sustainable infrastructure, investments from public and private sectors, the popularity of professional sports.
What Is Driving The Growth In The Sports Buildings Market?
The rising interest of individuals in sports on a global scale is a significant growth driver for the sports buildings market. Increased disposable incomes, health consciousness, and the growing popularity of organized sports events have collectively heightened people's interest in sports, leading to an increasing demand for sports facilities like stadiums, arenas, and gymnasiums. As per data from the National Collegiate Athletic Association, the number of student-athletes competing in NCAA women's championship sports rose by 5% from 10,726 in 2021 to 226,212 in 2022. This increased interest in sports is further propelling the growth of the sports buildings market.
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Who Are The Key Players Driving Sports Buildings Market Growth?
Key players in the sports buildings market include:
- AECOM Technology Corporation
- M. A. Mortenson Company
- Clark Construction Group
- Turner Construction
- Gilbane Building Company
- Whiting-Turner Contracting Co.
- Brasfield & Gorrie LLC
- Barton Malow Holdings LLC
- STO Building Group
- Shawmut Design and Construction
- PCL Construction Enterprises Inc.
- McCownGordon Construction LLC
- JE Dunn Construction Group
- Nabholz Construction Crop.
- Hellas Construction Inc.
What Are The Key Trends In The Sports Buildings Market?
Major trends shaping the sports buildings market include:
- The adoption of modular and prefabricated construction
- The use of technology-enhanced training facilities
- The integration of augmented and virtual reality experiences
- The importance of community engagement and social spaces
- The influence of global sporting events
What Are The Segments Of The Global Sports Buildings Market?
The sports buildings market is segmented by:
1) Type: Gymnasiums, Yoga, Aerobic Dance, Handball Sports, Racquet Sports, Skating, Swimming, and Others.
2) Age Group: 35 And Younger, 35-54, 55 And Older
3) End User: Men and Women
Which Region Leads The Sports Buildings Market?
North America was the largest region in the sports buildings market in 2024. The report also covers other major regions such as Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Sports Buildings Market Global Market Report?
- Market Size Analysis: Analyze the Sports Buildings Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Sports Buildings Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Sports Buildings Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Sports Buildings Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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