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Sports Tourism Market Grows $ 890.90 Billion | BAC Sports Ltd., DTB Sports Hospitality and Event Management Ltd. and Great Atlantic Sports Travel appear as dominant players

By on January 11, 2022 0

NEW YORK, January 11, 2022 / PRNewswire / –

Attractive Opportunities in Sports Tourism Market by Product, Type, Category and Geography – Forecast and Analysis 2021-2025

Facts about the sports tourism market at a glance –

  • Total pages: 120

  • Companies: 10+ – Including BAC Sports Ltd., DTB Sports Hospitality and Event Management Ltd., Great Atlantic Sports Travel, International Sports Management Inc., MATCH Hospitality AG, QuintEvents LLC, Sports Tours International Ltd., Sports Travel & Hospitality Group Ltd. , Sportsnet Corporation Pty Ltd. and travelOsports

  • Blanket: Main drivers, trends and challenges; Product information and news; Value chain analysis; Parents market analysis; Supplier landscape; COVID impact and recovery analysis

  • Segments: Product (football tourism, cricket tourism, tennis tourism and others), Type (domestic sport tourism and international sport tourism) and Application (passive sport tourism and active sport tourism)

  • Geographies: Europe, APAC, North America, South America, and MEA

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According to the recent Technavio market study, the Size of the sports tourism market should increase by $ 890.90 billion from 2020 to 2025, progressing at a CAGR of 13% during the forecast period. The report provides detailed analysis of drivers and opportunities, top winning strategies, competitive scenario, future market trends, market size and estimates, and major pockets of investment.

Europe will register the highest growth rate, occupying 57% of the global market share. Great Britain, Germany, and Spain are the key markets for sports tourism in Europe. The market growth in this region will be faster than the market growth in other regions.

Download a FREE sample: for more information on key countries in Europe.

Supplier Information-
The sports tourism market is fragmented due to the presence of several well-established players who offer sports tourism activities around the world. Market suppliers are constantly working to develop innovative and personalized solutions for customers. Suppliers also invest in the planning, design, development, acquisition of new players and the expansion of their existing facilities.

BAC Sports Ltd. : The company is a purely sporting sports travel and hospitality company and offers packages for individuals, businesses, concierges and incentive agencies, as well as travel and logistics for England Football Media.

DTB Sports Hospitality and Event Management Ltd. : The company offers a wide range of entertainment solutions for customers, including hospitality, ticketing options and bespoke event management. In various fields of sport, music and the arts, various special events, tailor-made events, etc.

Great Atlantic sports trips: The company is a purely sporting sport tourism provider and offers sport travel packages and tickets to all sporting events, including all Professional Golf Association (PGA) events such as Masters Badges and Masters Packages.

Gestion Internationale du Sport Inc .: The Company is a global sporting events marketing and management company providing personalized premium sport hospitality packages, event sponsorship sales, and client consulting solutions and services.

QuintEvents LLC: The company is an outright supplier providing various services such as event tickets, accommodation, premium hospitality, transportation, etc., associated with sports tourism.

Discover additional highlights about the vendors and their product offerings. Download a free sample report

Regional market outlook
The growth of the sports tourism market in Europe will be important during the forecast period. The increasing attendance of several sporting events is driving the growth of the sport tourism market by Europe. In addition, the increase in household disposable income supports the growth of the regional market.

Download our FREE sample report for more highlights on the regional market share of most of the countries mentioned above.

Latest drivers and trends driving the market –

The number of national and international tournaments and sporting events is increasing dramatically across the world. This can be attributed to the growing number of spectators and the growing reach and fans of sporting events. For example, in august 2018, the Afghanistan Cricket Board (ACB) announced the launch of the Afghanistan Premier League (APL), a cricket league in the T20 format. The first edition of the league featured five teams and took place in the United Arab Emirates in October 2018. Likewise, in june 2018, Cricket South Africa has announced plans to launch a new T20 league in the country. Numerous such tournaments and sporting events are expected to drive the market growth during the forecast period.

Many service providers operating in the sports tourism industry are focused on adopting VR technology to provide an immersive experience for their customers. The technology will allow customers to experience realistic sporting events and scenarios in their own regions. This trend is expected to have a positive impact on the growth of the market.

Find additional information on various other market drivers and trends mentioned in our FREE Sample Report.

Associated reports:

Golf Tourism Market by Type and Geography – Forecast and Analysis 2021-2025

Helicopter Tourism Market by Type and Geography – Forecast and Analysis 2021-2025

Scope of the sports tourism market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a CAGR of 13%

Market growth 2021-2025

$ 890.90 billion

Market structure

Fragmented

Annual growth (%)

6.19

Regional analysis

Europe, APAC, North America, South America and MEA

Efficient contribution to the market

Europe at 57%

Main consumer countries

United States, United Kingdom, Germany, Australia, India and Spain

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

BAC Sports Ltd., DTB Sports Hospitality and Event Management Ltd., Great Atlantic Sports Travel, International Sports Management Inc., MATCH Hospitality AG, QuintEvents LLC, Sports Tours International Ltd., Sports Travel & Hospitality Group Ltd., Sportsnet Corporation Pty Ltd . ., and travelOsports

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period.

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 specialist analysts, Technavio’s report library. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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