The Business Research Company’s latest report Sports Global Market Report 2020 covers Sports market drivers, Sports market trends, Sports market segments, Sports market growth rate, Sports market major players, and Sports market size. The report provides in-depth analysis of the impact of COVID-19 on the Sports industry, along with revised market numbers due to the effects of the coronavirus.
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Sports Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuablxe insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global sports market is expected to decline from $458.9 billion in 2019 to $446.5 billion in 2020 at a compound annual growth rate (CAGR) of -2.7%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $556.1 billion in 2023.
The report covers the Sports market’s segments-
1) By Type: Spectator Sports, Participatory Sports
2) By Revenue Source: Media Rights, Merchandising, Tickets, Sponsorship.
Subsegments covered: Sports Team & Clubs, Racing & Individual Sports, Golf Courses And Country Clubs, Skiing Facilities, Marinas, Fitness And Recreational Sports Centers, Bowling Centers, Others – Participatory Sports.
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