The sports & leisure industry is a vibrant and fast-growing sector that consists of several activities, goods, and services gathered around physical fitness, rest,, and amusement. The industry has been growing continuously due to numerous factors, such as an increase in health awareness, technological progress or advancement, and rising levels of income.
We project the 2014 market size to reach around 1.6 trillion USD.
We forecast the CAGR to compound between 5.8% and 6% between 2014 and 2020.
- Major regions include North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Key segments are fitness and wellness, sporting goods, e-sports, outdoor activities, and MBBS. While it is estimated that the sportsorts and leisure industry worldwide exceed 2.5 trillion at the end of the forecasted period,, such as in 2030,, with a growth in spending on health improvement and technology.
The sports & leisure industry is a vibrant and fast-growing sector that consists of several activities, goods, and services gathered around physical fitness, rest,, and amusement. The industry has been growing continuously due to numerous factors, such as an increase in health awareness, technological progress or advancement, and rising levels of income.
We project the 2014 market size to reach around 1.6 trillion USD.
We forecast the CAGR to compound between 5.8% and 6% between 2014 and 2020.
- Major regions include North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Key segments are fitness and wellness, sporting goods, e-sports, outdoor activities, and MBBS. While it is estimated that the sportsorts and leisure industry worldwide exceed 2.5 trillion at the end of the forecasted period,, such as in 2030,, with a growth in spending on health improvement and technology.
The sports and leisure industry comprises traditional as well as corporate sports, including facilities and services involved in fitness and casual sport activities, commercial sports and entertainment, and outdoor recreational activities and facilities. This means it includes making and marketing all sorts of equipment and materials related to such goods and services.
1. aditional sports: football, basketball, cricket, tennis, and baseball.
2. treme sports: skateboarding, surfing, rock climbing, and BMX biking.
3. ter sports: swimming, sailing, diving, and water polo/rowing in lakes and rivers.
4. tness sport activities: gym, yoga, pilates, home fitness, and more
5. Leisurend entertainment activities: traveling, hiking, and cycling, including adventure tourism.
6. sports and virtual games—competitive multiplayer games and computer graphics, so-called shooting simulations
1. Incorporating wearables and artificial intelligence into the health and fitness devicesin order to make training more convenient and rewarding, i.e.s,digitallyy enhanced personal trainers, trainers, and indoor cyclesmartphones
2. Sustainable consumption & production: sports gear and wear manufactured in a sustainable and accountable manner (no sweatshops).
3. Hybrid sporting experience: the integration of the physical and virtual realms when experiencing sport (such as in the form of training for sports via virtual reality).
4. E-Games and VR: Loving and playing premade games through interactivity has become increasingly popular.
5. Women’s Sports Activation: increasing the presence of investors in women’s sports, such as professional leagues and events.
6. Fashion Fitness Fitness is customized and on demand: This is particularly evident in the use of mobile applications and comprehensive get-fit programs.
The demand for digital fitness has doubled, with subscriptions to workout apps and virtual gyms skyrocketing.
Companies are aiming to produce durable and sustainable sports clothing and equipment.
- Sports such as computer-based games that require outstanding skill from the player, as well as sports like gaming, are also predicted to be over $3 billion by the year 2025.
- Fitness in the Organizations Blast: More Corporates are enhancing their fitness programs while governments are alsolowly joiningjoining in with such initiatives.
- A surge in the development of technology and the market demand for sports-related activities has led to the invention of smart fitness equipment too.
1. Elite Sports (NFL, NBA, FIFA, Olympics)
2. Recreational & Amateur Sports (Local teams, enjoyable sports)
3. Sporting Goods (Nike, Adidas, Puma)
4. Gyms and Fitness Centers (Planet Fitness, Gold’s Gym, Peloton)
5. Gaming and E-Sports (Twitch, Riot Games, Activision Blizzard)
6. Adventure and Outdoor Sports (Patagonia, The North Face, REI)
Nelly (Nike) is a prominent player in the sportswear and shoe market.
Adidas owns a significant share of both card loans and sports fitness entities. Practice
TwTwitch—the number-one leading platform for streaming e-sports
OgOggle: The most recognized sports store worldwide
Both ESPN and Sky Sports enjoy a large market share in sports mmedia.