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The Sports Global Market Report 2020-30 by The Business Research Company describes and explains the global Sports market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Sports Global Market Report 2021 covers Sports market drivers, Sports market trends, Sports market segments, Sports market growth rate, Sports market major players, and Sports market size.
The Sports market report provides an in-depth analysis of the impact of COVID-19 on the global Sports industry, along with revised market numbers due to the effects of the coronavirus and the expected Sports market growth numbers 2021-2030.
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Sports Global Market Report 2021 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 valuable 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.
The global sports market reached a value of nearly $388.3 billion in 2020, having increased at a compound annual growth rate (CAGR) of 3.4% since 2015. The market declined from $458.8 billion in 2019 to $388.3 billion in 2020 at a rate of -15.4%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is expected to reach $599.9 billion by 2025, and $826.0 billion by 2030 at a compound annual growth rate (CAGR) of 6.6%.
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The report covers the sports market’s segments-
1) By Type: Participatory Sports And Spectator Sports.
2) By Revenue Source: Media Rights, Sponsorship, Merchandising And Tickets.
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