Many people wonder what sports tourism is. Sports tourism is traveling from one region, country, state, etc. to another in order to watch a sports competition or game. While sports tourism has not always been extremely popular, during the recent decade the amount of people attending out of area sporting events has drastically increased.
Pune, India -- (SBWIRE) -- 03/21/2018 -- The Sports Tourism Market to Grow steadily at a CAGR of +41% during the forecast period.
This market research analysis identifies the increase in employment opportunities as one of the primary growth factors for the sports tourism market. The growth in sport tourism will increase a country's GDP and employment. The increase in spending capacity from the global population has resulted in the rising participation in sports tourism. This in turn, increases the growth of the service industry and provides increased employment opportunities. Tourists usually have a good budget and look for good food and accommodation.
This market research report gives an in-depth idea about the Global Sports Tourism Market. It highlights the recent market scenario, growth in the past few years, and opportunities present for manufacturers in the future. In this research for the completion of both primary and secondary details, various methods and tools are used. Also, investments instigated by organizations, government, non-government bodies, and institutions are projected in details for better understanding about the market.
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Companies Profiled in this report includes, BAC Sport, Great Atlantic Sports Travel, ITC Sports Travel, TUI, Fanatic Sports, Sportsnet Holidays, Sports Tours India, Sports Tours International, Sports Travel, T4S, and Victory Sports Tour.
The latest trend gaining momentum in the market is increasing number of sporting events. Passion for sports has led to the emergence of several sports. Olympics, FIFA World Cup, Super Bowl, and Cricket World Cup are among the popular sporting events with the highest viewership globally. The viewer base of these sporting events ranges in billions, and events, such as Super Bowl, the annual championship sport of the National Football League, has a viewer base of millions. Therefore, with increasing interest and passion for sports, there is an increase in the number of sports travelers every year, leading to the higher revenue generation in the global sports tourism market during the forecast period.
Compressive outline of Sports Tourism market depending on key factors and segmentations such as end users, applications, regions and products is elaborated. Estimated revenue and volume growth of Sports Tourism market over the mentioned forecast period of 2018 to 2025 is also explained in detail. Former and current state of shares of the major key regions are mentioned such that the idea of the best investment region can be drawn out.
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The report provides an in-depth analysis of the Sports Tourism market across different industry verticals and regions. The Sports Tourism market is segmented across the Geographical regions namely North America, Europe, Asia Pacific and Rest of World. The MDM market is dominated by the North American Region followed by Europe and APAC.
The report further analyzes the competitive landscape in this market by examining the profiles of the established market players to gain an insight into the current market hierarchy. The existing and the forthcoming ventures in the worldwide market for Sports Tourism has also been discussed in this research report in details, making it a valuable resource for guidance for the stakeholders functional in this market.
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Table of Contents
Global Sports Tourism Market Research Report 2018
Chapter 1 Global Sports Tourism Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Market Forecast