Press release
An Increase In The Number Of Young Players Is Driving The Growth Of The Sports Tourism Market: Major Factor in the Transformation of the Sports Tourism Market in 2025
Single Deck Boat Market Size
Over the past few years, the size of the sports tourism market has experienced significant expansion. The market, which was valued at $583.14 billion in 2024, will witness an increase to $649.73 billion in 2025, projecting a compound annual growth rate (CAGR) of 11.4%. Factors contributing to the growth observed in the historical period include enhanced transportation infrastructure, the surge of sports media, intensifying globalization, a thriving sports industry, and an increasing quantity of sports tournaments.
In the coming years, the sports tourism market is anticipated to experience a rapid increase in size. It's projected that by 2029, it will expand to $992.32 billion, with a compound annual growth rate (CAGR) of 11.2%. This growth during the forecast period can be linked to the expansion in advertising, a climb in the participation of women's teams, a rise in fan zones, the escalating need for technology, and growing investments by a host of organizations. A few notable trends for the forecast period are the integration of AI into wearable gadgets, such as watches and heart rate monitors for athlete tracking, digital transformation, technological progress, the rise of the Internet of Things (IoT), and the integration of AR and VR in sports.
What Key Elements Are Boosting Growth in the Sports Tourism Market?
The surge in youth participation is predicted to fuel the development of the sports tourism market. The escalation in sports participation from the younger generation is influenced by an enhanced understanding of health benefits, easier access to sports workshops, and improved community involvement. The involvement of young athletes in sports boosts sports tourism, creating a demand for youth sports activities and competitions, encouraging travel for tournaments and training programs. For instance, a report by the Sports and Fitness Industry Association (SFIA), located in the US, stated that in December 2023, team sports participation in the US increased from 67 million in 2020 to 70.8 million in 2022, which is a rise of 3.6 million participants. A significant increase in overall team sports participation, particularly in the age groups 6-to-12 and 13-to-17, was evident as they exhibited higher engagement levels from 2021 to 2022. Consequently, the surge in youth players is steering the development of the sports tourism market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18742&type=smp
Who Are the Major Industry Players Fueling Sports Tourism Market Expansion?
Major companies operating in the sports tourism market are KNT CT Holdings, IMG Travel, Thomas Cook India Ltd., International Sports Management Inc., Teamlink Travel, Match Hospitality AG, QuintEvents LLC, Sports Tours International Ltd., Sportsnet Corp. Pty Ltd., JTB India Pvt. Ltd., Fanatic Sports Pvt. Ltd., Event Travel Management, Sports Travel and Hospitality Group Ltd., Travel And Sport, Veda Sports Marketing Pvt. Ltd., Victory Sports Tours, BAC Sports Ltd., DTB Sports Management Ltd, Premiership Experience, Global Sports Travel and Tours Pty Ltd., Sports Travel Group, ITC Travel Group, Hospitality Group
Which Key Developments Are Influencing the Sports Tourism Market?
Major corporations in the sports tourism market are keen to develop sophisticated solutions such as dynamic real-time index scoring for improved decision-making and efficient event management. This system involves an ongoing assessment and update of scores for places, events, and facilities based on real-time information, which allows relevant parties to make educated decisions and swiftly adjust to fluctuations. For example, in June 2024, Tempest, an American software, website, and digital marketing solutions provider, unveiled the Sports Tourism Index 2.0. This enhanced platform is designed to boost destination marketing organizations (DMOs) and sports event right holders' capabilities. The improved platform boasts substantial upgrades, including superior event search features with predictive abilities, dynamic real-time index scoring, and comprehensive facility and user team management tools. Furthermore, it provides convenient reporting and advanced matchmaking features to align events with appropriate facilities seamlessly.
How Is the Segmentation of the Sports Tourism Market Defined?
The sports tourism market covered in this report is segmented -
1) By Tourism: Active, Passive, Nostalgia
2) By Type: Soccer And Football, Cricket, Basketball, Tennis, Hockey, Other Types
3) By Sports Activity: Adventure Sports Tourism, Individual Sports Tourism, Team Sports Tourism
4) By Booking Channel: Online Booking Platform, Direct Bookings, Travel Agencies, Social Media Platforms, Other Booking Channels
Subsegments:
1) By Active: Sports Participation, Sports Training Camps, Sports Competitions (Amateur)
2) By Passive: Spectator Sports Events, Sports Fan Tourism (Attending Games, Tournaments)
3) By Nostalgia: Historical Sports Events, Sports Heritage Tours, Museums And Hall Of Fame Visits
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/sports-tourism-global-market-report
What Is the Leading Region in the Sports Tourism Market?
Europe was the largest region in the sports tourism market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sports tourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Sports Tourism Global Market Report?
- Market Size Analysis: Analyze the Sports Tourism Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Sports Tourism 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 Tourism Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Sports Tourism Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18742
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release An Increase In The Number Of Young Players Is Driving The Growth Of The Sports Tourism Market: Major Factor in the Transformation of the Sports Tourism Market in 2025 here
News-ID: 3866018 • Views: …
More Releases from The Business Research Company
Foam Tape Industry to Achieve $14.62 Billion Growth by 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
How Will the Foam Tape Market Grow by 2025 in Terms of Size and Growth?
In recent times, there has been significant growth in the market size for foam tape. It is projected to escalate from $10.02 billion in 2024 to $10.77 billion in 2025, demonstrating a compound annual growth rate (CAGR)…
Continuous Positive Airway Pressure (CPAP) Mask Market Expansion Outlook: $3.85 …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Projected CAGR for the Continuous Positive Airway Pressure (CPAP) Mask Market from 2024 to 2025?
In recent times, the market size of the continuous positive airway pressure (cpap) mask has seen robust growth. The market is projected to rise from $2.83 billion in 2024 to $3 billion in 2025,…
Alkyd Coating Market to Record 7.5% CAGR Growth Through 2029 | Global Analysis R …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Alkyd Coating Market Outlook: How is the Market Expected to Grow by 2025?
The market size of alkyd coatings has experienced significant growth in the past few years. The market is projected to expand from $25.13 billion in 2024 to $26.74 billion in 2025, exhibiting a compound annual growth rate…
Water Free Skincare Market Analysis: $22.5 Billion by 2029 With a CAGR of 7%
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Water Free Skincare Market Value Projection: How Much Will the Market Size by 2025?
The market size of waterless skincare has experienced a robust increase in recent years. The expected growth is from $15.96 billion in 2024 to $17.15 billion in 2025, with a compound annual growth rate (CAGR) of 7.5%.…
More Releases for Sport
Devyzz Sport Launch
Paris, 16 July 2025 - Devyzz is proud to announce the official launch of Devyzz Sport, its new division entirely dedicated to professionals in the world of elite sport. The aim is to support clubs, agents, athletes, and sports equipment manufacturers in managing their foreign currency flows with greater transparency, competitiveness, expertise, and personalised guidance.
This launch is backed by a high-profile investor : Sébastien Haller, international Ivorian footballer and 13th…
Project Sport Launches Podcast to Pioneer Positive Change Through Sport
Derby, UK - 16th October 2023. Project Sport, an organisation committed to harnessing the transformative power of sports, is excited to announce the launch of its new podcast, Wider Goals.
Hosted by sports broadcaster and performance coach Matt Roberts, Wider Goals is a brand-new podcast featuring conversations with some of the world's leading pioneers, revealing key insights on how we can make the world a better place through sport.
From…
Power Sport Vehicle Tire
Global Info Research announces the release of the report "Global Power Sport Vehicle Tire Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029" . The report is a detailed and comprehensive analysis presented by region and country, type and application. As the market is constantly changing, the report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many…
Padel Sports Market Set for More Growth : Everysport Media, Dunlop Sport, Head S …
Latest added Padel Sports Market research study by AMA Research offers detailed outlook and elaborates market review till 2027. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are Wilson Sporting Goods Company (United States), Dunlop Sport (United Kingdom), Head Sport GmbH (Austria), Prince Padel…
Sport Footwear Market To See Stunning Growth | Fila, Under Armour, Lotto Sport
Latest research study from HTF MI on Worldwide Sport Footwear Market provides a comprehensive analysis of the Worldwide Sport Footwear. It includes the primary investigations to cover historical progress, ongoing market scenarios, and future prospects defined with an accurate data of the products, strategies and market shares of leading companies to help manufacturers locate market position. The report presents a 360-degree overview of the competitive scenario of the overall market…
Water Sport Footwear Market is Booming Worldwide | Adidas, ASICS, Fila, Under Ar …
A new business intelligence report released by HTF MI with title "Global Water Sport Footwear Market Research Report 2019" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Water Sport Footwear Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived…
