The Spectator Sports industry entertains millions of consumers on an annual basis, and the diversity of the industry's offerings typically helps stabilize its performance. In the five years to 2016, industry revenue experienced a bit of volatility, due to a sizeable revenue decline in 2013, which was a result of the NHL lockout, which shortened the regular 2012-13 season. However, online media platforms have bolstered the industry's profitability and revenue over the past five years and will continue to do so moving forward.
This industry comprises sports teams or clubs that participate in live professional or semiprofessional sporting events (e.g. baseball, basketball, football, hockey, soccer and other team sports) before a paying audience. The sports franchises included in this industry may or may not operate their own facilities for presenting games or other spectator sports events.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.