The Athletic Event Organizers industry expanded over the five years to 2016. Increasing corporate spending on employee wellness events, backed by rising profit and the growing popularity of events tailored toward sports enthusiasts have helped boost demand for industry services. Moreover, steady economic growth has led to increased advertiser spending on industry events. Over the next five years, industry revenue growth is anticipated to continue its pace as the improving economy and increased awareness of health issues drive demand for athletic events. Moreover, the growing popularity of corporate wellness events and increasing emphasis on creating a more social atmosphere at athletic events will further fuel demand. However, athletic participation will remain lackluster, which, when combined with climbing external competition from gyms and security threats, is projected to temper revenue growth.
This industry provides event management services for sporting events such as marathons and triathlons. Companies in this industry also offer logistical, operational and marketing services.
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.