PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1236102
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1236102
Global Sports Events Tickets Market is valued approximately USD 13.88 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 13.50% over the forecast period 2022-2029. One of the key drivers of the market growth is the notable increase in popularity of sporting events like the Olympics, the FIFA World Cup, and the NBA. The global growth of the sports event sector is further fueled by the rising star power of athletes and the premier league tournaments. Additionally, it is anticipated that the market will have plenty of chances due to the widespread acceptance of digital tickets and the increasing 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.
In the upcoming years, the market is anticipated to be driven by a considerable increase in sporting activities and events including the National Basketball Association (NBA), Daytona 500, Super Bowl, and US Open Tennis. The sale of tickets for sporting events is increasing as the number of viewers for such events rises. For instance, 1.3 million people watched National Football League (NFL) games during the 2020-2021 season.
The key regions considered for the Global Sports Events Tickets Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2021, North America had the biggest revenue share, and it is anticipated that it would maintain its dominance throughout the projected period. Growth is anticipated to be fueled by a notable increase in major events including the US Open (tennis), Super Bowl, Daytona 500, and the National Basketball Association (NBA). From 2022 to 2028, Asia Pacific is expected to see the fastest growth rate (CAGR). India and China are helping the market expand in a favourable way. Some of the causes 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.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable