Press release
GLOBAL SPORTS SPONSORSHIP MARKET REPORT 2021
he report predicts the global sports sponsorship market to grow with a CAGR of 6% over the forecast period from 2021-2027.The report on the global sports sponsorship market provides qualitative and quantitative analysis for the period from 2019 to 2027. The study on sports sponsorship market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2019 to 2027.
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https://www.mraccuracyreports.com/marketreports/11/228012/Global-Sports-Sponsorship-Market-Report-2021
Sports sponsorships are known to be a powerful and impactful marketing technique. The sponsorship consists of a company (sponsor) and a sports club or event (sponsee). Sports sponsorships can be seen in various ways, a popular one being the brand logo printed on a sports team’s jersey. Sports sponsorships guarantee visibility and media exposure. With more investments for marketing with athletes, the potential for sports sponsorships has increased. These days sponsorships account for a large portion of the sports business industry. Various types of sports sponsorships are Signage, Digital activation, Club and venue activation, and others. They are used in applications such as Competition Sponsorship, Training Sponsorship, and Others.
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Global Sports Sponsorship Market Overview
The growing number of sports events and the fact that sponsorships have a larger reach in comparison to traditional marketing such as advertising & sales promotions sports sponsorship market expected to boost over the predicted years. Also, the rising popularity of marketing analytics and an increasing number of new sports leagues are anticipated to fuel the market in the coming years.
Company Profiles
Adidas AG
Hero MotoCorp Ltd.
Hyundai Motor Co.
Nike Inc.
Nissan Motor Co. Ltd.
PepsiCo Inc.
PUMA SE
Qatar Airways Group
Rolex SA
Samsung Electronics Co. Ltd.
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