Sports Events Market is Expected to Exceed Value of $609.07 Billion by the End of 2031
๐๐ก๐ ๐ฌ๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฏ๐๐ง๐ญ๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ข๐ณ๐ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ $๐๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐, ๐๐ง๐ ๐ข๐ฌ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐๐๐ก $๐๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐ ๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐ญ ๐ ๐๐๐๐ ๐จ๐ ๐๐.๐% ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐.According to a new report published by Allied Market Research, titled, "Sports Events Market by Revenue Source, by Age Group: Global Opportunity Analysis and Industry Forecast, 2021-2031". The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.
๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/request-sample/17252
Some of the factors driving market expansion in the area include the expanding sporting events business, rising per capita income, the burgeoning middle-class population, and rising disposable income. In addition, the growing popularity of major sporting events such as the Tokyo Olympics and the Cricket World Cup, along with rising digitization in China and India, further fuel market expansion.
The market is expected to have plenty of opportunities due to the widespread acceptance of digital tickets and the expanding use of smartphones worldwide. However, during the anticipated timeframe, market development is anticipated to be constrained by the unpredictability of ticket pricing and a lack of price management.
According to the sports events market analysis, the sports events market is segmented into revenue source, age group and region. The basis of revenue source, the tickets segment was the significant contributor to the market, with $63,865.1 million in 2021, and is estimated to reach $202,205.6 million by 2031, at a CAGR of 10.0% during the forecast period. A ticket is a voucher that indicates that an individual is entitled to admission to sports event. Digital tickets and online printable tickets, and paper tickets are majorly used forms of the sports event tickets. Online tickets for sports events has been gaining huge popularity owing to its convenience offered and hassle free payment getaways. Digital ticketing creating the high level of transparency, which is expected to reduce the black ticketing practices. Thus, above mentioned factors are projected to spur the sports events market growth during the forecast period.
๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐ง๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/checkout-final/242b973a72d483bf91767d7b9fbbe517
The basis of age group, below 20 years segment was the significant contributor to the market and is estimated to reach $202,323.8 million by 2031, at a CAGR of 10.3% during the forecast period. The below 20 years segment includes the children, and are open to new learning and enthusiast to take up challenges & thrilling activities. Numerous school & college students attain various sporting events through schools and individually. Increase in participation of the kids and children in sports activities is likely to generate more interest in viewing live sports. Thus, below 20 years segment is growing at significant CAGR during the forecast period.
Based on region, North America held the highest market share in terms of revenue in 2021, accounting for more than one-third of the global sports events market. This is attributed to the fact that North America has more flexible trade policies and regulations as compared to Western Europe. Moreover, the Asia-Pacific region is expected to witness the fastest CAGR of 12.3% from 2022 to 2031. The nations in this region are witnessing increase in sports leagues, digital activation, and ability to grow & adapt with innovative technology. This, in turn, drives the region.
๐๐ก๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ฉ๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐:
โข L'Orรฉal
โข Shiseido Company
โข Limited
โข Christian Dior
โข Puig
โข Coty Inc.
โข Kao Corporation
โข Revlon Inc.
โข The Estรฉe Lauder Companies Inc.
โข Oriflame Cosmetics AG
โข KOSร Corporation.
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐ ๐จ๐ซ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ:
โ This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the sports events market analysis from 2021 to 2031 to identify the prevailing sports events market opportunities.
โ The market research is offered along with information related to key drivers, restraints, and opportunities.
โ Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
โ In-depth analysis of the sports events market segmentation assists to determine the prevailing market opportunities.
โ Major countries in each region are mapped according to their revenue contribution to the global market.
โ Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
โ The report includes the analysis of the regional as well as global sports events industry trends, key players, market segments, application areas, and market growth strategies.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:: https://www.alliedmarketresearch.com/purchase-enquiry/17252
๐๐๐๐ฌ๐จ๐ง๐ฌ ๐ญ๐จ ๐๐ฎ๐ฒ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฏ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global Sports Events Market.
โข Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
โข The key findings and recommendations highlight crucial progressive industry trends in the Sports Events Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
โข Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
โข Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth to a certain extent.
โข Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ "๐๐๐ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐:
โ Sports Training Market is projected to reach $18.85 billion by 2031
https://www.alliedmarketresearch.com/sports-training-market-A16942
โ Sports Equipment and Accessories Market Size, Growth Analysis, Opportunities
https://www.alliedmarketresearch.com/sports-equipment-and-accessories-market
โ Music Event Market Current Trends and Growth Drivers Along with Key Industry Players
https://www.alliedmarketresearch.com/music-event-market-A08029
โ Racket sports equipment market is Projected to Reach $272.40 Million by 2031
https://www.alliedmarketresearch.com/racket-sports-equipment-market-A16941
โ Smart Sports Equipment Market is expected to be valued at $12.0 billion by 2026
https://www.alliedmarketresearch.com/smart-sports-equipment-market
โ Reflective sportswear Market Size, Trends, Opportunity and Growth Analysis
https://www.alliedmarketresearch.com/reflective-sportswear-market-A07658
Contact:
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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 Sports Events Market is Expected to Exceed Value of $609.07 Billion by the End of 2031 here
News-ID: 3259378 • Views: โฆ
More Releases from Allied Market Research
Graphene Market Size, Trends, Dynamics, Competitive Scenario and Forecast, 2020 โฆ
The globalย graphene marketย generated $87.5 million in 2019, and is expected to reach $876.8 million by 2027, witnessing a CAGR of 40.2% from 2020 to 2027. The report provides a detailed analysis of changing market dynamics, top investment pockets, key segments, competitive landscape, value chain, and regional scenario.
Download Sample PDF Brochure: https://www.alliedmarketresearch.com/request-sample/460
According to the report published by Allied Market Research, the Graphene Market by Type (Mono-layer and Bi-layer Graphene, Fewโฆ
Stucco Market Trends and Opportunities, Grow at a CAGR of 4.5% to 2026
The globalย stucco marketย garnered $10.7 billion in 2018 and is anticipated to hit $15.3 billion by 2026, growing at a CAGR of 4.5% from 2019 to 2026. High purchasing power of end-users and development of the global construction industry boosted the growth of the stucco market. On the contrary, low consumer awareness toward the availability of stucco hinders the market. However, increase in demand from emerging economies would open new opportunitiesโฆ
Adhesive Film Market Revenue to Cross USD 26.7 Billion by 2026 | BASF SE, Dymax โฆ
The global adhesive film industry was estimated atย $17.3 billionย in 2018, and is expected to hitย $26.7 billionย by 2026, registering a CAGR of 5.5% from 2019 to 2026.
Allied Market Research published a report, titled,ย "Adhesive Film Marketย by Film Material (Polypropylene, Polyvinyl Chloride, Polyethylene and Others), Technology (Water-based, Solvent-based, Hot Melt, Pressure-sensitive and Others), and End User Industry (Electrical and Electronics, Aerospace, Automotive and Transportation and Others): Global Opportunity Analysis and Industry Forecast,โฆ
Breaking the Shell: The Explosive Growth of the Eggshell Membrane Market, Projec โฆ
In the intricate web of the global economy, the eggshell membrane market stands out as a rapidly evolving sector. Valued at $3.8 billion in 2022, this niche segment is projected to burgeon to $8.4 billion by 2032, with an impressive compound annual growth rate (CAGR) of 8.9% from 2023 to 2032. The factors driving this growth are multifaceted, spanning from the increased awareness of the membrane's health benefits to strategicโฆ
More Releases for Sports
Sports Tourism Market to Witness Massive Growth| ITC Sports Travel, Sports Tours โฆ
A latest study released by HTF MI on Global Sports Tourism Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Sports Tourism market. The study provides historical data (i.e. Volume** & Value) from 2013 to 2018 and forecasted till 2025*. Some are the key & emerging players that are BACโฆ
Sports Tourism Market 2019 - BAC Sport, Great Atlantic Sports Travel, ITC Sports โฆ
Global Sports Tourism Market 2019-2023:
With the rise in Global Sports Tourism Market, the need for niche Market has grown by a staggering rate. This has resulted in a major push in the Global Sports Tourism ย ย ย Market Industry Market. With Global Sports Tourism ย ย ย Market gaining traction across the globe including the developing Markets of APAC and Africa, many software providers have jumped onto the software bandwagon to develop and provide Globalโฆ
Big Boom in Global Sports Tourism Market 2018: BAC Sport, Great Atlantic Sports โฆ
A professional survey done by Report Consultant has formulated a report titled โGlobal Sports Tourism Marketโ, which instills a crisp idea of the influential aspects affecting the growth of the market. It gives the new entrants a clear idea of all the business strategies incorporated by the key players, which is helping them regulate their trade success. It serves a reliable business tool helping the reader to understand the globalโฆ
Sports Tourism Market Breakdown of Leading Market Playerโs 2018-2022: Great At โฆ
ReportsWeb.com has announced the addition of the โGlobal Sports Tourism Market Size Status and Forecast 2018-2022โ The report classifies the global Sports Tourism Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Sports Tourism market, analyzes and researches the Sports Tourism development status and forecast in United States, EU, Japan, China, India and Southeastโฆ
Professional Sports Leagues Dominate U.S. Licensed Sports Merchandise Market By โฆ
"The Report US Licensed Sports Merchandise Market: Trends, Opportunities and Forecasts (2016-2021) (By Segment - Sports Apparel, Sports Footwear, Sports Equipment -Videogames, Sporting goods and Toys; By Leagues - NFL, NBA, MLB, NHL; By Key Players - Competitive Landscape) provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"
MarketResearchReports has announced the addition of a new research report providing an executive-level blueprintโฆ
China Sports Market (Sports Apparel, Sports Footwear, Sports Equipment) & Foreca โฆ
China Sports Market Overview
China sports market is expected to be more than US$ 100 Billion industry by the year 2020. To achieve this impressive growth China sports market is expected to grow with double digit CAGR. In the year 2010 Sports Apparel used to be the biggest market, but by 2015 Sports Equipment has overtaken Sports Apparel market. Company sales are highly fragmented and no single company holds double digitโฆ