SPORTS GLOBAL MARKET REPORT 2021: COVID-19 IMPACT AND RECOVERY TO 2031
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SPORTS MARKET CHARACTERISTICS: • The global sports market reached a value of nearly $388.3 billion in 2020, having increased at a compound annual growth rate (CAGR) of 3.4% since 2015. The market declined from $458.8 billion in 2019 to $388.3 billion in 2020 at a rate of -15.4%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is expected to reach $599.9 billion by 2025, and $826.0 billion by 2030 at a compound annual growth rate (CAGR) of 6.6%.
• The report covers the sports market’s segments1) By Type: Participatory Sports And Spectator Sports. 2) By Revenue Source: Media Rights, Sponsorship, Merchandising And Tickets.
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MAJOR KEY PLAYERS Major companies in the market include Maruhan, Dallas Cowboys, New York Yankees, Manchester United Football Club and Futball Club Barcelona.
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REASONS TO PURCHASE • Gain a truly global perspective with the most comprehensive market research report available on this market covering 60+ geographies. • Understand how the market is being affected by the COVID-19 and how it is likely to emerge and grow as the impact of the coronavirus abates.
• Create regional and country strategies on the basis of local data and analysis. • Identify growth segments for investment. • Outperform competitors using market forecast data and the market drivers and trends shaping the global market. • Understand customers based on the latest market research findings. • Benchmark performance against key competitors of the market.
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