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Rising penetration of mobile, tablet and other electronics and the emergence of affordable Internet in developing countries are expected to drive the sports market in the forecast period, as per The Business Research Company’s sports market opportunities and strategies report.

The sports market is expected to reach $599.9 billion by 2025, and $826.0 billion by 2030.

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Major players in the sports market include Maruhan, Dallas Cowboys, New York Yankees, Manchester United Football Club, Futbol Club Barcelona.

Social media is increasingly playing a pivotal role in driving engagement with sports fans. Sports teams are trying to engage the fans by involving them in social media discussions or polls. With a number of sporting events coming to a halt, sports related businesses have also faced huge losses during the pandemic. Sports-related businesses, as well as those involved in health and fitness products and services are increasingly reaching out to athletes with a good social media fan base, to market their products and services.

The global sports market is segmented:
By Type: Spectator Sports, Participatory Sports

By Revenue Source: Tickets, Media Rights, Sponsorship, Merchandising

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

TBRC’s sports market report covers:

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Sports Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough sports market research, analyzes and forecasts sports market size, sports market share, sports market players, sports market trends, sports market segmentation and geographies, leading competitor revenues, profiles and market shares.

TBRC’s sports market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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 include 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. The sports market consists of the sales of sports services and related goods by entities that provide live sporting events before a paying audience or entities that operate golf courses and country clubs, skiing facilities, marinas, fitness and recreational sports centers, and bowling centers.

View Similar Reports From The Business Research Company:

Participatory Sports Global Market Report 2022

Spectator Sports Global Market Report 2022

Sports And Arts Promoters Global Market Report 2022

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