2022 Global Sports Market Size, Drivers, Trends and Forecast
Globenewswire is a press release distribution service. On May 10, 2019, it released an article on the sports market, sourced from TBRC`S Sports Market By Type (Participatory Sports, Spectator Sports, Sports Team & Clubs, Racing & Individual Sports And Spectator Sports), By Competitive Landscape And By Geography – Global Forecast To 2022 report.The top opportunities in the sports market will arise in participatory sports, which will gain $70.17 billion of global annual sales by 2022. The sports market size will gain the most in the USA. Market-trend-based strategies for the sports market include offering mobile ticketing facility to reduce costs associated with ticketing and facilitate faster access, providing virtual reality technology to enhance spectator experience at stadiums, expanding/establishing sports businesses in emerging markets and acquiring or establishing esports teams to lay a footfall in the emerging esports industry.