Sport Hospitality Market Report: Trends, Forecast and Competitive Analysis to 2030

Sport Hospitality Trends and Forecast

The future of the global sport hospitality market looks promising with opportunities in the individual and group markets. The global sport hospitality market is expected to reach an estimated $61.94 billion by 2030 with a CAGR of 22.1% from 2024 to 2030. The major drivers for this market are growth in sports events and tournaments and rising corporate interest in sports hospitality for networking and brand exposure.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Sport Hospitality by Segment

The study includes a forecast for the global sport hospitality by type, application, and region.

Sport Hospitality Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Football
• Cricket
• Basketball
• Rugby
• Tennis
• Others

Sport Hospitality Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Individual
• Group
• Others

Sport Hospitality Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Sport Hospitality Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies sport hospitality companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the sport hospitality companies profiled in this report include-

• STH Group
• ATPI
• KNT SPORT
• CSM Sports & Entertainment
• SPORTFIVE
• Byrom
• Delaware
• Dorna Sports
• Gullivers Sports Travel
• Compass

Sport Hospitality Market Insights

Lucintel forecasts that football is expected to witness the highest growth over the forecast period.

Within this market, group is expected to witness higher growth.

North America will remain the largest region over the forecast period due to increasing popularity of sports leagues and growing investments in stadium and fan engagement technology.

Features of the Global Sport Hospitality Market

Market Size Estimates: Sport hospitality market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Sport hospitality market size by type, application, and region in terms of value ($B).

Regional Analysis: Sport hospitality market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the sport hospitality market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the sport hospitality market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the sport hospitality market size?

Answer: The global sport hospitality market is expected to reach an estimated $61.94 billion by 2030.

Q2. What is the growth forecast for sport hospitality market?

Answer: The global sport hospitality market is expected to grow with a CAGR of 22.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the sport hospitality market?

Answer: The major drivers for this market are growth in sports events and tournaments and rising corporate interest in sports hospitality for networking and brand exposure.

Q4. What are the major segments for sport hospitality market?

Answer: The future of the sport hospitality market looks promising with opportunities in the individual and group markets.

Q5. Who are the key sport hospitality market companies?

Answer: Some of the key sport hospitality companies are as follows:

• STH Group
• ATPI
• KNT SPORT
• CSM Sports & Entertainment
• SPORTFIVE
• Byrom
• Delaware
• Dorna Sports
• Gullivers Sports Travel
• Compass

Q6. Which sport hospitality market segment will be the largest in future?

Answer: Lucintel forecasts that football is expected to witness the highest growth over the forecast period.

Q7. In sport hospitality market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to increasing popularity of sports leagues and growing investments in stadium and fan engagement technology.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the sport hospitality market by type (football, cricket, basketball, rugby, tennis, and others), application (individual, group, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?