Global Sports Tourism Market 2023-2027

Global Sports Tourism Market 2023-2027

Technavio has been monitoring the sports tourism market and is poised to grow by $559.75 bn from 2023-2027, accelerating at a CAGR of 12.88% during the forecast period. Our report on the sports tourism market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing number of sporting events, rising focus on seating capacity expansion, and growing government support for sports tourism.

Technavio's sports tourism market is segmented as below:

By TypeDomestic sports tourismInternational sports tourismBy ProductSoccer tourismCricket tourismTennis tourismOthersBy AreaPassive sports tourismActive sports tourismBy Geographical LandscapeEuropeAPACNorth AmericaSouth AmericaMiddle East and AfricaThis study identifies the development of VR technology as one of the prime reasons driving the sports tourism market growth during the next few years. Also, the increasing number of fan zones and the increasing number of low-cost airlines will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the sports tourism market covers the following areas:Sports tourism market sizingSports tourism market forecastSports tourism market industry analysisTechnavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sports tourism market vendors that include ATPI Ltd., BAC Sports Ltd., DTB Sports Management Ltd., Fanatic Sports Pvt. Ltd., Gala Management Services Ltd., Global Sports Travel and Tours Pty Ltd., International Sports Management Inc., ITC Travel Group, JTB India Pvt. Ltd., KNT CT Holdings, Match Hospitality AG, QuintEvents LLC, Sports Tours International Ltd., Sports Travel and Hospitality Group Ltd., Sportsnet Corp. Pty Ltd., The Hospitality Group, Thomas Cook India Ltd., travelOsports, Veda Sports Marketing Pvt. Ltd., and Victory Sports Tours. Also, the sports tourism market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.