Sports Tourism – Thematic Research
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The global sports tourism market size was $800 billion in 2019. The globalization of the world’s economy over the past 60 years has seen popular sports grow into significant money-makers. Sport is now a business, and money can be made in spades with the regular holding of league seasons and tournaments. This presents opportunities for countries to host, and not only reap financial benefits, but increase the popularity of sports in their country. This can lead to long-term benefits in terms of interest and performance at various levels.
The sports tourism research report will give you an in-depth look at the sports tourism industry, including its growth and development pre-COVID-19, the impact of COVID-19 on the current state of the sector, and a look ahead to a potential future.
Sports Tourism – Key Trends
The key trends in sports tourism can be classified into technology trends and industry trends.
Technology trends: The key technology trends include technology & tourism, AI & robotics, virtual viewing, and others. The development of artificial intelligence has seen its increased use in the sporting world in the form of robotics. They were prominently used at the 2018 Winter Olympics in Pyeongchang, in a variety of ways, from welcoming tourists at the airport to providing directions and instructions for visitors in other languages.
Industry Trends: The key industry trends impacting sports tourism are COVID-19, financial impact, and others.
Sports Tourism – Industry Analysis
The global sports tourism market size was $800 billion in 2019, as sporting events have become a global affair due to the increase in international travel and the onset of the internet. However, the entire tourism sector has ground to a halt during COVID-19, as most countries still have travel restrictions in place, and many major markets are still in lockdown.
Europe is currently the dominant market in sports tourism, followed by the US. Asia is seen as a developing market, with enormous potential for growth. Part of the reason for Europe’s dominance is that the continent has sizable interests in several major sports, in a way that other continents do not have. For instance, North America’s sports market heavily revolves around sports like American football and baseball, which do not have a huge global appeal.
Sports Tourism - Value Chain
The sports tourism industry value chain can be split into the annual season and one-off tournaments.
Annual season: The key layers of the annual season are Premier League, NFL, NHL, NBA, and others.
Sports Tourism Market Value Chain
To know more about the sports tourism market value chain, download a free report sample
Leading Sports Tourism Companies
The leading companies in sports tourism are FIFA, IOC, IPL, NBA, NFL, and others. While FIFA can probably count themselves lucky that the FIFA World Cup wasn’t being held in 2020, they have been forced into cancellations for other tournaments at lower levels of football. Both the U17 and U20 World Cups, scheduled to be held in 2021 in Peru and Indonesia, have been postponed to 2023 due to COVID-19.
Sports Tourism Market Report Overview
Report Pages | 36 |
Regions Covered | Global |
Market Size (2019) | US$800 billion |
Trends | Technology Trends and Industry Trends |
Value Chain | Annual Season and One-off Tournaments. |
Leading Companies | FIFA, IOC, IPL, NBA, NFL, and Others |
Scope
The report provides:
- An in-depth look at the sports tourism industry, including its growth and development pre-COVID-19, the impact of COVID-19 on the current state of the sector, and a look ahead to a potential future.
- Impact of COVID-19 on sports tourism, large event case studies, key industry trends, market analysis and predictions, value chain.
Reasons to Buy
- A thorough analysis of the current sports tourism industry, and a look at its potential future.
NFL
UEFA
IOC
Premier League
FIFA
UFC
IPL
Table of Contents
Frequently asked questions
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What was the sports tourism market size in 2019?
The global sports tourism market size was $800 billion in 2019.
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What are the key technology trends of the sports tourism industry?
The key technology trends include technology & tourism, AI & robotics, virtual viewing, and others.
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What are the key industry trends of the sports tourism industry?
The key industry trends impacting sports tourism are COVID-19, financial impact, and others.
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What are the key components of the sports tourism industry value chain?
The sports tourism industry value chain can be split into the annual season and one-off tournaments.
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Which are the leading companies in the sports tourism industry?
The leading companies in sports tourism are FIFA, IOC, IPL, NBA, NFL, and others.
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