Global Sports And Arts Promoters Market

A spectator sport is one in which spectators, or observers, attend matches such as American football, association football, baseball, basketball, Canadian football, cricket, field hockey, formula 1, ice hockey, rugby league, rugby union, team handball, and volleyball. The main types of spectator sports are sports teams and clubs, racing, and individual sports. The various sources of revenue include media rights, merchandising, tickets, and sponsorship that are earned from different kinds of sports such as soccer, cricket, rugby/football, tennis, and others. Soccer is a team sport played on a field between two teams of 11 players each, to kick or hit a round ball into the opponent's goal with any part of the body except the hands and arms. The spectator sports market research report is one of a series of new reports from The Business Research Company that provides spectator sports market statistics, including spectator sports industry global market size, regional shares, competitors with a spectator sports market share, detailed spectator sports market segments, market trends and opportunities, and any further data you may need to thrive in the spectator sports industry. This spectator sports market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global spectator sports market grew from $174.28 billion in 2022 to $185.34 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The spectator sports market is expected to grow to $233.35 billion in 2027 at a CAGR of 5.9%. The market is expected to benefit from the steady economic growth forecasted for many developed and developing countries. The International Monetary Fund (IMF) stated that the global real GDP growth was 3.7% in 2019 and 2020 and 3.6% from 2021 to 2023. Recovering commodity prices are further expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. For instance, India’s GDP grew at 8.7% in 2021-22, up by 1.5% compared to 2019-20, whereas China registered a GDP growth of 8.1% in 2021. This continued economic growth is expected to drive the demand for spectator sports. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the spectator sports market in 2020 as governments globally imposed lockdowns and restricted domestic and international travel limiting the need for services offered by these establishments. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in the closure of recreational facilities with countries entering a state of 'lockdown' and the outbreak hurt businesses throughout 2020 and into 2021. However, it is expected that the spectator sports market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Sports organizers are implementing virtual reality (VR) technology to improve the spectators’ experience in sporting events. Virtual reality generates images, sounds, and other sensations that simulate a physical presence in an imaginary environment. Clubs and teams are experimenting with simulated and 360-degree environments to enhance the match viewing experience of the spectators by allowing them to have a virtual walkthrough of the stadium or the race track and view the match from different angles. For instance, the NBA game between the Sacramento Kings and San Antonio Spurs was broadcasted in VR. NASCAR has created an interactive fan area at the race tracks with the implementation of virtual reality. Major companies in the spectator sports market include Liberty Media Corporation, Futbol Club Barcelona, Dallas Cowboys, Manchester City F.C., New York Yankees, Manchester United Football Club, Juventus, International Speedway Corporation, Los Angeles Dodgers, LLC, and Real Madrid C.F. North America was the largest region in the spectator sports market in 2022. Africa is expected to be the fastest-growing region in the forecast period. The regions covered in the spectator sports market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the spectator sports market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The spectator sports market includes revenues earned by entities such as teams or clubs that participate in live sporting events for a paying audience. Spectator sports include the presentation of sporting events by teams and clubs or independent athletes. Owners of teams, horses, and so on that enter participants into racing events or other spectator sports events and the sports trainers who provide specialized services to support participants in sports events or competitions are part of this industry. The establishments that operate racetracks are also included in this industry. The market covered in this report includes the revenues generated from the sales of tickets for spectator sports events, merchandise, and other related goods and services through online and offline channels. It also includes the revenues generated from the sponsorships of sports clubs and teams, and media and broadcasting rights revenues by the spectator sports organizers. The market covered in this report also includes sales of sports services and related goods by entities that participate in the provision of sports. The market covered in this report includes the revenues generated from the sales of sports players by sports teams/clubs. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global spectator sports market is segmented - 1) By Type: Sports Team & Clubs, Racing & Individual Sports 2) By Revenue Source: Media Rights, Merchandising, Tickets, Sponsorship 3) By Type of Sport: Soccer, Cricket, Rugby/Football, Tennis, Other Sports Subsegments Covered: Football Clubs, Rugby Clubs, Other Sports Team & Clubs, Basketball Clubs, Motor Race, Horse Race, Other Racing & Individual Sports

Sports are group games and individual activities that involve physical activity and skills. Sports help to overcome adversities and win. Playing sports helps release pressure and tension in a healthy and controlled way, and improves mood, and concentration. The main types of sports are spectator sports and participatory sports. Spectator sports include the presentation of sporting events by teams and clubs or independent athletes. The various sources of revenue are media rights, merchandising, tickets, and sponsorship and involve different ownerships including chained, and standalone. The sports market research report is one of a series of new reports from The Business Research Company that provides sports market statistics, including sports industry global market size, regional shares, competitors with a sports market share, detailed sports market segments, market trends, and opportunities, and any further data you may need to thrive in the sports industry. This sports market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global sports market grew from $486.61 billion in 2022 to $512.14 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sports market is expected to grow to $623.63 billion in 2027 at a CAGR of 5.0%. The market is expected to benefit from the steady economic growth forecasted for many developed and developing countries. The International Monetary Fund (IMF) stated that the global real GDP growth was 3.7% in 2019 and 2020 and 3.6% from 2021 to 2023. Recovering commodity prices are further expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. For instance, India’s GDP grew at 8.7% in 2021-22, up by 1.5% compared to 2019-20, whereas China registered a GDP growth of 8.1% in 2021. This continued economic growth is expected to drive the demand for sports. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the sports market in 2020 as governments globally imposed lockdowns and restricted domestic and international travel limiting the need for services offered by these establishments. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in the closure of recreational facilities with countries entering a state of 'lockdown' and the outbreak hurt businesses throughout 2020 and into 2021. However, it is expected that the sports market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Sports organizers are implementing virtual reality (VR) technology to improve the spectators’ experience in sporting events. Virtual reality generates images, sounds, and other sensations that simulate a physical presence in an imaginary environment. Clubs and teams are experimenting with simulated and 360-degree environments to enhance the match viewing experience of the spectators by allowing them to have a virtual walkthrough of the stadium or the race track and view the match from different angles. For instance, the NBA game between the Sacramento Kings and San Antonio Spurs was broadcasted in VR. NASCAR has created an interactive fan area at the race tracks with the implementation of virtual reality. Major companies in the market include Maruhan, Life Time Fitness, Inc., Liberty Media Corporation, Futbol Club Barcelona, Dallas Cowboys, Heiwa Corporation, Manchester City F.C., New York Yankees, Manchester United Football Club, and Juventus. North America was the largest region in the sports market in 2022. Africa is expected to be the fastest-growing region in the forecast period. The regions covered in the sports market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the sports market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The sports market includes revenues earned by entities by providing services like live sporting events before a paying audience or entities that operate golf courses and country clubs, skiing facilities, marinas, fitness, and recreational sports centers, and bowling centers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global sports market is segmented - 1) By Type: Spectator Sports, Participatory Sports 2) By Revenue Source: Media Rights, Merchandising, Tickets, Sponsorship 3) By Ownership: Chained, Standalone Subsegments Covered: Sports Team & Clubs, Racing & Individual Sports, Golf Courses And Country Clubs, Skiing Facilities, Marinas, Fitness And Recreational Sports Centers, Bowling Centers, Other Participatory Sports

Sports nutrition refers to a field of sports medicine that assists athletes in keeping their bodies in good condition before, after, and during exercise to reach peak performance. In this regard, many nutrients are being investigated for their ability to improve athletic performance, particularly in high-intensity sports involving repetitive effort. The main types of sports nutrition covered in this report are protein powder; ISO drink powder; sports supplements; RTD protein drinks; sports drinks; energy bars. Protein powders are powdered proteins derived from plants, eggs, or milk. The ISO drink powder is an amino acid that aids in cardiovascular health, electrolyte balance, insulin sensitivity and other functions. Sports supplements are powders, pills, or drinks that are used to increase muscle mass, decrease weight, or increase endurance. RTD protein drinks typically include 8–15% standard protein on average, manufactured with milk protein or whey protein isolate. Sports beverages restore glucose and electrolytes lost during severe exercise while also increasing endurance. Energy bars are regarded as a convenient on-the-go snack that provides a quick burst of energy. Based on raw materials, the market is segmented into animal-derived; plant-based; and mixed. The various distribution channels are supermarkets and hypermarkets; specialty stores; convenience stores; online stores; and other distribution channels. Commercial users, body builders, recreational users, and athletes are the most common end-users of sports nutrition products. The sports nutrition research report is one of a series of new reports from The Business Research Company that provides sports nutrition statistics, including sports nutrition industry global market size, regional shares, competitors with sports nutrition share, detailed sports nutrition segments, market trends and opportunities, and any further data you may need to thrive in the sports nutrition industry. This sports nutrition research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global sports nutrition market size grew from $35.95 billion in 2022 to $39.56 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The sports nutrition market size is expected to grow to $58.29 billion in 2027 at a CAGR of 10.2%. Growing awareness of fitness and active living is significantly driving the growth of the sports nutrition market. The growing awareness of fitness and active living increases the inclination towards sports and fitness activities and, thereby, the consumption of sports nutrition products. The increasing awareness of fitness makes consumers seek proper and nutritious supplements. According to the 2020 IHRSA (International Health, Racquet & Sportsclub Association) Health Club Consumer Report, the number of times Americans used a health club increased by 45% between 2010 and 2019. Additionally, the awareness of sports and physical recreation employment activities increased to 104200 in 2021 from 61000 in 2020. So, the increasing awareness of fitness and active living is expected to propel the growth of the sports nutrition market. Product innovation is a key trend gaining popularity in the sports nutrition imaging market. Major companies operating in the sports nutrition sector are focused on developing innovative products to strengthen their position. For instance, in October 2020, HealthXP, an online protein supplement store based out of India, launched Shield Whey, which blends whey protein with an array of immunity boosters, focusing on the need to increase immunity due to COVID-19. In June 2021, GenTech Holdings, a company based in the United States that specialises in functional foods and coffee, acquired NxtBar for an undisclosed amount. With this acquisition, GenTech will implement various operational synergies, including a considerable expansion of NxtBar's sales reach into large retail outlets with which it already has a relationship. NxtBar is a USA-based company that produces sports nutrition products, specialising in paleo and keto-friendly bars. Major players in the sports nutrition market are Glanbia PLC., PepsiCo Inc., Clif Bar & Company, Musclepharm, Abbott Nutrition Inc., Post Holdings Inc., The Coca-Cola Company, BA Sports Nutrition, The Bountiful Company, Otsuka Pharmaceutical Co. Ltd., Iovate Health Sciences International Inc., GlaxoSmithKline PLC, Universal Nutrition, Ultimate Nutrition Inc., PowerBar, Atlantic, GNC Holdings, Reckitt Benckiser Group PLC., The Hut.Com Ltd., Cardiff Sports Nutrition Limited, PacificHealth Laboratories, GNC Holdings, Post Holdings, and Creative Edge Nutrition. North America was the largest region in the sports nutrition market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sports nutrition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Sports Nutrition market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The sports nutrition market consists of sales of sports supplements, protein powder, energy bars, RTD protein drinks, ISO drink powder, sports drinks, and other sports nutrition. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global sports nutrition market is segmented - 1) By Type: Protein Powder, ISO Drink Powder, Sports Supplements, RTD Protein Drinks, Sports Drinks, Energy Bars 2) By Raw Material: Animal Derived, Plant-Based, Mixed 3) By Distribution Channel: Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Stores, Other Distribution Channels 4) By End-User: Commercial, Body Builders, Recreational Users, Atheletes

Sports betting refers to a type of gambling in which bets are placed on sporting events in order to gain a specified sum if the team or person chosen wins the event. The main types of sports betting are line-in-play, fixed old betting, exchange betting, daily fantasy, spread betting, e-sports, pari-mutuel, and other types. Line-in play refers to a type of wager in which the bookmaker or sportsbook determines the favored and underdog teams in a match by setting gambling odds. The sports segment includes football, basketball, baseball, horse racing, cricket, hockey, and other sports, depending on the type of betting. Further, the platform is segmented into online and offline depending on the place of betting. The sports betting market research report is one of a series of new reports from The Business Research Company that provides sports betting market statistics, including sports betting industry global market size, regional shares, competitors with sports betting market share, detailed sports betting market segments, market trends and opportunities, and any further data you may need to thrive in the sports betting industry. This sports betting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global sports betting market size grew from $96.84 billion in 2022 to $104.78 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sports betting market size is expected to grow to $135.95 billion in 2027 at a CAGR of 6.7%. The increase in the number of sports leagues and events is expected to propel the growth of the sports betting market. A sports league or an event is a group of clubs, countries, associations, or people trying to compete with each other in a game for a championship or a title. These leagues are planned to happen in a particular schedule or during a particular season, in which all the teams or members are required to participate in naming an overall champion of the event or league. For instance, according to a study published by Wire, currently, more than 100 professional leagues in various sports are active across the globe. The establishment of new professional sports leagues across the globe is providing customers with the opportunity to diversify their betting expenditures. Therefore, the growing sports leagues and events are driving the growth of the sports betting market. Implementation of AI and blockchain in sports betting applications is a key trend gaining popularity in the sports betting services market. Sport betting applications are increasingly adopting blockchain technologies to accurately automate real-time data using smart contracts, which help sports betting in payment, bet confirmations, past event analytics, monitoring, and event recording. For instance, in May 2021, Bitgame, a Poland-based sports betting platform operator, launched a new website on a sports betting platform powered by blockchain technology. The new website merged blockchain-secured cryptocurrency with sports betting to provide a seamless and interactive experience to customers. In September 2021, Endeavor Group Holdings Inc., a US-based entertainment and sports company, acquired OpenBet from Scientific Games for USD1.2 billion through a combination of cash ($1 billion) and Endeavor’s Class A common stock ($200 million). Through this acquisition, Endeavor's position in the sports betting ecosystem will strengthen, which is presently led by IMG ARENA, which collaborates with over 470 prominent sportsbook companies across the world to provide official live streaming video and data feeds for over 45,000 sports events each year. OpenBet is a UK-based sport betting entertainment company. Major players in the sports betting market are 888 Holdings PLC., Bet365, Betsson AB, Churchill Downs Incorporated, Flutter Entertainment PLC., Kindred Group PLC., Sportech PLC., William Hill, DraftKings, The Stars Group Inc., BetAmerica, Web is Holdings PLC., Gala Coral, Bet-at-home, FanDuel, Betfred, Ladbrokes, Entain plc, IGT, TVG, Twinspires, Watch and Wager, Bwin, and Unibet. Western Europe was the largest region in the sports betting market in 2022. The regions covered in the sports betting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the sports betting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The sports betting market includes revenues earned by entities by operating facilities that offer gambling services specific to sports. Sports betting is the term used for the betting action involved with predicting a sporting event and placing a wager on the outcome of that event to win money. It involves wagers being placed on sports such as football, basketball, baseball, hockey, rugby, boxing, horse racing, car races, and tennis. The market covered in this report does not include sales of services by sports betting shops (betting shops are the physical premises of a bookmaker where people can place bets) not recognized by governments. The market numbers covered in this segment also include the sales of e-sports betting services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global sports betting market is segmented - 1) By Type: Line-in-play, Fixed Old Betting, Exchange Betting, Daily Fantasy, Spread Betting, E-Sports, Pari-Mutuel, Other Types 2) By Sports Type: Football, Basketball, Baseball, Horse Racing, Cricket, Hockey, Other Sports Types 3) By Platform: Online, Offline

Sports analytics refer to software platforms, which run on mathematical and statistical principles to provide data-driven insights into sports and related peripheral activities. Sports analytics often applies the same basic methods and approaches for analysis. It offers parameters for measurement such as hit or fumble rate, and consistently collects data from a broad sample for the analysis process. The main components of sports analytics include solutions and services. The sports analytics solutions refer to sports analytics software and platform, that are deployed on both on-premise and cloud interfaces. It includes software, hardware components, and others. They are used in various sports including football, cricket, hockey, basketball, American football, and other sports for player analysis, team performance analysis, health assessment, video analysis, and others. The sports analytics market research report is one of a series of new reports from The Business Research Company that provides sports analytics market statistics, including sports analytics industry global market size, regional shares, competitors with a sports analytics market share, detailed sports analytics market segments, market trends and opportunities, and any further data you may need to thrive in the sports analytics industry. This sports analytics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global sports analytics market size grew from $1.61 billion in 2022 to $2.05 billion in 2023 at a compound annual growth rate (CAGR) of 26.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sports analytics market size is expected to grow to $5.19 billion in 2027 at a CAGR of 26.2%. The increasing demand for monitoring and tracking data of players will propel the growth of the sports analytics market. Monitoring an athlete is increasingly being used by sporting federations and organizations to understand the patterns of behaviour, habits, and performance among athletes. Capturing these data allows the coach to evaluate and analyze, which in turn helps them get the best possible performance out of the athlete. Monitoring and tracking are a combination of data collection and analysis (monitoring) to assess to what extent the objectives are met by the player. As the demand for monitoring and tracking data of player increase, there will be a significant need for sports analytics solutions to develop data-driven decisions based on data extracted from monitoring tools and platforms. For instance, more than 40 Scottish football and rugby clubs currently use the EDGE system of PlayerData (a UK-based software company) for performance analysis and load management. EDGE GPS is a data collection and monitoring tool that is worn by athletes to capture physical metrics during sports sessions. Thus, the increasing demand for monitoring and tracking data of players is expected to propel the growth of the sports analytics market. Technological advancement is a key trend gaining popularity in the sports analytics market. Technology has been changing the way that sports are evaluated. These analytics platforms and software are utilizing advanced technologies such as AI and machine learning to carry out complex tasks in athlete performance monitoring, case studies, and other activities. For instance, In December 2020, RT Software, a real-time graphics development company released a major update to its existing product Tactic, a sports analysis graphics product, which utilizes machine learning and AI technologies to detect player movements in the video stream, tracking positions, and creating motion paths. In August 2020, Inc & Co, a UK-based digital collective company acquired Insight Analysis for an undisclosed amount. The acquisition adds to the company’s growing network of sports services and strengthens its portfolio of services while adding additional customers. Insight Analysis is a UK-based sports analytics company offering data analysis for football, rugby, tennis, and athletics. Major players in the sports analytics market are TruMedia Networks, Sportradar AG, Catapult Group International Limited, Stats Perform, Sportingmindz Technology Pvt Ltd., iSportsAnalysis, Agile Sports Analytics LLC, SAS Institute Inc., Genius Sports Group, Zebra Technologies, Advanced Sports Analytics, Physimax Technologies, FORMCEPT, Exasol, IceBergs Sports, and ChyronHego Corporation. North America was the largest region in the sports analytics market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sports analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the sports analytics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The sports analytics market includes revenues earned by entities by providing services such as data management, predictive models, and information systems. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global sports analytics market is segmented - 1) By Component: Solution, Service 2) By Deployment Mode: On-premise, Cloud 3) By Application: Player Analysis, Team Performance Analysis, Health Assessment, Video Analysis, Other Applications 4) By Sport: Football, Cricket, Hockey, Basketball, American Football, Other Sports

Sports composites are fibers that are used to improve the strength of sports equipment, decrease its weight, and reduce its cost. Composites reduce the weight of the helmet that protects motorcyclists. They are used to upgrade sports equipment and protect athletes from injury. The main types of fibers in sports composites are carbon, glass, and others. Carbon sports composites are widely used in the production of sports equipment such as sports sticks and rackets, owing to their advanced qualities such as being a lightweight, high strength-to-weight ratio, increased resistance, and stiffness. This is also called graphite fiber. The various resin types include epoxy, polyamide, polyurethane, and polypropylene, which are used in numerous applications such as golf sticks, rackets, bicycles, hockey sticks, skis and snowboards. The sports composites market research report is one of a series of new reports from The Business Research Company that provides sports composites market statistics, including global market size, regional shares, competitors with a sports composites market share, detailed sports composites market segments, market trends and opportunities, and any further data you may need to thrive in the sports composites industry. This sports composites market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global sports composites market size grew from $3.27 billion in 2022 to $3.52 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sports composites market size is expected to grow to $4.51 billion in 2027 at a CAGR of 6.4%. The rising sports industry is expected to propel the growth of the sports composites market going forward. The sports industry refers to an industry in which people, activities, and organizations are involved in producing, facilitating, promoting, or organizing any activities that are focused on sports. Sports composites are used to make lightweight sports equipment. For instance, in 2021, according to GroupM ESP, an India-based media investment management company, in 2021, the Indian sports business invested $1.22 billion, representing a 62% increase over the previous year. In addition, media spending on cricket climbed by 8.1% in 2021 to $728.6 million, up from $673.8 million in 2019. Therefore, the rising sports industry is driving the growth of the sports composites market. Technological advancements have emerged as a key trend gaining popularity in the sports composite market. Major companies operating in the sports composites sector are focused on introducing new technological products to sustain their position. For instance, in 2020, Aldila, a US-based company that manufactures sports equipment, launched ALDILA ASCENT, an ultra-light golf shaft series. This model delivers an easy, high launch angle and also helps in controlling spin and face deflection for a higher ball flight with long descent roll out. It also has FlyDrive Technology, which is a full-length Visco-Elastic Isolation Layer (VEIL) that boosts the shaft's resistance to ovaling while improving overall strength and feel. In April 2022, Kordsa, a Turkey-based company providing reinforcement technologies for automobiles, airplanes, motorcycles, and agricultural and industrial tires, acquired the majority of the share of Microtex Composites for a deal amount of € 24.6 million euros ($25.2 million). With this acquisition, Kordsa aims to diversify its product offering and expand its client base, and its service offering in the automotive and motorsport industries. Microtex Composites is an Italy-based company that specializes in the production of a composite including carbon fiber for automotive, motorsport, marine, and transport. Major players in the sports composites market are Ficher Sports, Topkey Corporation, Toray Industries, Teijin Ltd., Hexion Inc., SGL Carbon SE, Fujikura Composites, Callway Golf, True Temper, Prokennex, Newell Brands, Sree Industrial Composite Products, EPP Composites, and Bucci Composites. North America was the largest region in the sports composites market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sports composites market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the sports composites market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The sports composites market consists of sales of polymer matrix composites (PMCs), metal matrix composites (MMCs), ceramic matrix composites (CMCs), and carbon matrix composites (CAMCs). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global sports composites market is segmented - 1) By Fiber: Carbon, Glass, Other Fibers 2) By Rasin Type: Epoxy, Polyamide, Polyurethane, Polypropylene 3) By Application: Golf Sticks, Rackets, Bicycles, Hockey Sticks, Skis and Snowboards

Sports composites are fibers that are used to improve the strength of sports equipment, decrease its weight, and reduce its cost. Composites reduce the weight of the helmet that protects motorcyclists. They are used to upgrade sports equipment and protect athletes from injury. The main types of fibers in sports composites are carbon, glass, and others. Carbon sports composites are widely used in the production of sports equipment such as sports sticks and rackets, owing to their advanced qualities such as being a lightweight, high strength-to-weight ratio, increased resistance, and stiffness. This is also called graphite fiber. The various resin types include epoxy, polyamide, polyurethane, and polypropylene, which are used in numerous applications such as golf sticks, rackets, bicycles, hockey sticks, skis and snowboards. The sports composites market research report is one of a series of new reports from The Business Research Company that provides sports composites market statistics, including global market size, regional shares, competitors with a sports composites market share, detailed sports composites market segments, market trends and opportunities, and any further data you may need to thrive in the sports composites industry. This sports composites market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global sports composites market size grew from $3.27 billion in 2022 to $3.52 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sports composites market size is expected to grow to $4.51 billion in 2027 at a CAGR of 6.4%. The rising sports industry is expected to propel the growth of the sports composites market going forward. The sports industry refers to an industry in which people, activities, and organizations are involved in producing, facilitating, promoting, or organizing any activities that are focused on sports. Sports composites are used to make lightweight sports equipment. For instance, in 2021, according to GroupM ESP, an India-based media investment management company, in 2021, the Indian sports business invested $1.22 billion, representing a 62% increase over the previous year. In addition, media spending on cricket climbed by 8.1% in 2021 to $728.6 million, up from $673.8 million in 2019. Therefore, the rising sports industry is driving the growth of the sports composites market. Technological advancements have emerged as a key trend gaining popularity in the sports composite market. Major companies operating in the sports composites sector are focused on introducing new technological products to sustain their position. For instance, in 2020, Aldila, a US-based company that manufactures sports equipment, launched ALDILA ASCENT, an ultra-light golf shaft series. This model delivers an easy, high launch angle and also helps in controlling spin and face deflection for a higher ball flight with long descent roll out. It also has FlyDrive Technology, which is a full-length Visco-Elastic Isolation Layer (VEIL) that boosts the shaft's resistance to ovaling while improving overall strength and feel. In April 2022, Kordsa, a Turkey-based company providing reinforcement technologies for automobiles, airplanes, motorcycles, and agricultural and industrial tires, acquired the majority of the share of Microtex Composites for a deal amount of € 24.6 million euros ($25.2 million). With this acquisition, Kordsa aims to diversify its product offering and expand its client base, and its service offering in the automotive and motorsport industries. Microtex Composites is an Italy-based company that specializes in the production of a composite including carbon fiber for automotive, motorsport, marine, and transport. Major players in the sports composites market are Ficher Sports, Topkey Corporation, Toray Industries, Teijin Ltd., Hexion Inc., SGL Carbon SE, Fujikura Composites, Callway Golf, True Temper, Prokennex, Newell Brands, Sree Industrial Composite Products, EPP Composites, and Bucci Composites. North America was the largest region in the sports composites market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sports composites market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the sports composites market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The sports composites market consists of sales of polymer matrix composites (PMCs), metal matrix composites (MMCs), ceramic matrix composites (CMCs), and carbon matrix composites (CAMCs). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global sports composites market is segmented - 1) By Fiber: Carbon, Glass, Other Fibers 2) By Rasin Type: Epoxy, Polyamide, Polyurethane, Polypropylene 3) By Application: Golf Sticks, Rackets, Bicycles, Hockey Sticks, Skis and Snowboards

Participatory sport is a sport in which people participate in any sporting event. Team sports participation builds confidence, promotes health and well-being, and can help maintain mental health. Participating in youth sports can lead to immediate and long-term benefits for youth, their families, and communities. The main types of participatory sports are golf courses and country clubs, skiing facilities, marinas, fitness, and recreational sports centers, bowling centers, and other participatory sports. A marina is a dock, particularly one for sailboats and yachts. The various sources of revenue include membership, merchandising, and others and are owned by chained and standalone ownership. The participatory sports market research report is one of a series of new reports from The Business Research Company that provides participatory sports market statistics, including participatory sports industry global market size, regional shares, competitors with a participatory sports market share, detailed participatory sports market segments, market trends and opportunities, and any further data you may need to thrive in the participatory sports industry. This participatory sports market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global participatory sports market grew from $312.33 billion in 2022 to $326.80 billion in 2023 at a compound annual growth rate (CAGR) of 4.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The participatory sports market is expected to grow to $390.28 billion in 2027 at a CAGR of 4.5%. Fitness and health clubs are offering instructor-led group fitness classes combining workout formats. These combined formats mix traditional exercises to make exercising fun for people. Popular combined fitness formats include cycling and boxing, treadmill running and strength training, rowing and bodyweight training, battle rope training, and high-intensity interval training (HIIT). This enables fitness trainers to effectively engage members during the exercise. These fitness formats enhance the workout experience and produce better results than traditional exercises. Hashing, ZUU, Clubbercise, Gorilla Circus, and Zumba steps are common combined fitness formats. Gyms and fitness clubs have started focusing on different age groups keeping the needs and preferences of consumers. The age groups between 20 – 65 years have different physical fitness needs. The younger age groups need intense muscle-building exercises such as pull-ups, dumbbell bench presses, and barbell curls, while the older age groups need high-impact traditional cardio workouts and low-impact fitness classes such as yoga and tai chi. The gyms and fitness clubs have started to offer a range of fitness programs to attract young as well as older consumers. For instance, in September 2021, Sportyze, an Indian-based chain of Kids Gym, launched its online offerings, in order to reach a wider audience and make it easier for more children to avail of its services. The program includes an extension of Sportyze's offline services. Major companies in the market include Maruhan, Life Time Fitness, Inc., Heiwa Corporation, Konami Holdings Corporation, Town Sports International Holdings, Inc., Accordia Golf, Compagnie des Alpes, Planet Fitness, LLC, Ardent Leisure Group Ltd., and The Gym Group PLC. North America was the largest region in the participatory sports market in 2022. Africa is expected to be the fastest-growing region in the forecast period. The regions covered in the participatory sports market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the participatory sports market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The participatory sports market includes revenues earned by entities by operating golf courses and country clubs, skiing facilities, marinas, fitness, and recreational sports centers, and bowling centers. Participatory sports revenues come from participants and player attendants. This market includes sales from entry fees, merchandise, and other related goods and services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global participatory sports market is segmented - 1) By Type: Golf Courses And Country Clubs, Skiing Facilities, Marinas, Fitness And Recreational Sports Centers, Bowling Centers, Other Participatory Sports 2) By Revenue Source: Membership, Merchandising, Other Revenue Souces 3) By Ownership: Chained, Standalone