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Sporting Events Market Global Outlook and Overview 2018-2021
Sporting Events
Commenting on the report, an analyst from Industry Dataanalytics’s team said: One trend in the market is analyzing consumer behavior via mobile ticketing apps. Several types of events are being launched every year. In line with this, event organizers tracking the behavior and purchase pattern of an individual help them to market their service better. Mobile applications help the event organizers to understand the preferences of a buyer in terms of venue, sports type, day, and time.
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Companies Mentioned are:
ESPN
Razorgator
Ticketmaster
21st Century Fox
Other Prominent Vendors in the market are: Ace Ticket Worldwide, Adidas, GoTickets.com, Nike, StubHub, Tickets.com, TicketCity, Ticketek, TickPick, TiqIQ, and viagogo
The Global Sporting Events Market to Grow at a CAGR of 3.58% during the period 2017-2021
The report covers the present scenario and the growth prospects of the global Sporting Events market for 2017-2021. To calculate the market size, the report considers new installations and retrofit market.
Segmentation by revenue source and analysis of the sporting events market
Merchandising
Broadcasting and media
Tickets
Sponsorship
The market is divided into the following segments based on geography: Americas, APAC, EMEA
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This independent 83 page report guarantees you will remain better informed than your competition. With over tables and figures examining the Sporting Events market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.
Market Challenge in this Report:
- Live streaming of sporting events
- For a full, detailed list, view our report
Market Trend in this Report:
- Analyzing consumer behavior via mobile ticketing apps
- For a full, detailed list, view our report
According to the report, one driver in the market is growing affordability for high-priced tickets. The disposable income of the population in developing countries has increased in line with the economic growth. This has highly encouraged consumers to spend more on different kinds of leisure activities. Economic recovery worldwide, especially in countries like the US, the UK, Germany, South Korea, China, and Singapore, is driving the global sporting events market. With better economic conditions, the income levels of consumers have increased. Therefore, spending on leisure activities has become affordable for a greater proportion of the population.
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Major points covered in Global Automotive Start-stop System Market2018 Research are:-
• What will the market size and the growth rate be in 2021?
• What are the key factors driving the Global Sporting Events market?
• What are the key market trends impacting the growth of the Global Sporting Events market?
• What are the challenges to market growth?
• Who are the key vendors in the Global Sporting Events market?
• What are the market opportunities and threats faced by the vendors in the Global Sporting Events market?
• What are the key outcomes of the five forces analysis of the Global Sporting Events market?
Further, the report states that one challenge in the market is live streaming of sporting events. Live streaming of sporting events is likely to pose a barrier in the revenue inflow of the tickets market. With the growth in the broadband infrastructure, more channels are adding up every year that show online sporting events happening anywhere in the world. In 2016, sporting event tickets accounted for the second highest revenue share of 30.75%. The share of this segment is likely to experience a slight decline during the forecast period owing to the growing number of viewers opting for live streaming.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Us:-
Industrydataanalytics provides syndicated market research reports to industries, organizations or even individuals with an aim of helping them in their decision making process. These reports include in-depth market research studies i.e. market share analysis, industry analysis, information on products, countries, market size, trends, business research details and much more. Industrydataanalytics provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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