The global sports industry revenue was forecast to grow in the coming years. In 2022, the industry’s revenue amounted to over 403 billion U.S. dollars and was expected to grow at a compound annual growth rate of 9.13 percent between 2022 and 2028. By 2028, the global sports market was expected to be worth over 680 billion U.S. dollars. This massive industry includes the people, activities, and organizations that are involved with producing, facilitating, or organizing sports activities.

How big is the global sports betting and lottery market?

In 2022, the market size of the sports betting and lottery sector worldwide was valued at around 235.46 billion U.S. dollars. This figure showed a decrease from the previous year's total of 242.82 billion and by 2023, the market was forecast to reach 242 billion. Sports betting is a type of gambling that refers to the activity of placing a wager on the outcome of a sporting event. Events on which wagers are made could be anything from more traditional activities like horse or dog racing, to sports such as soccer and American football.

How big is the global youth sports market?

The youth sports market is a big industry, ranging from organized sports leagues to recreational activities. In 2022, the global market for youth sports was estimated at 37.5 billion U.S. dollars. The market was forecast to increase at a compound annual growth rate of 9.2 percent and reach 69.4 billion U.S. dollars in 2030. Youth sports do not necessarily take place within the education system; however, many competitors involved with youth sports are generally at a primary or secondary level of education and participate in school-organized sport programs.

This statistic shows how much consumers in the United States spent on sports equipment and gear in the previous year as of 2018. During the survey, 8.5 percent of respondents said they spent over 500 U.S. dollars on sports equipment and gear in the past 12 months. The Survey Data Table for the Statista survey on sports brands in the United States 2018 contains the complete tables for the survey including various column headings.

The statistic shows the sports market size in North America from 2009 to 2018, with forecasts from 2019 to 2023. In 2018, the North American sports market had a value of about 71.06 billion U.S. dollars. This figure is expected to rise to 83.1 billion by 2023. The market is composed of the segments gate revenues, media rights, sponsorships and merchandising.

Sports market in the United States - additional information

Today’s sports market size is experiencing strong growth, having developed into a full-blown worldwide industry in the past decades, with unprecedented levels of revenue and more industry players than ever. The market is divided into four main segments: gate receipts (ticket sales for live sporting events), sponsorship, media rights and merchandising.

With more than 71 billion U.S. dollars in revenue in 2018, the North American sports market is one of the largest in the world. On the global level and in the U.S. as well, gate receipts represent one of the largest revenue segments in the sports market. For 2018, some 19.2 billion U.S. dollars in revenue were generated through ticket sales alone in North America. The largest revenue stream in the US sports market is the media rights market, where revenue is generated from fees paid by radio, television or internet broadcasters to distribute sporting events. Due to the wide availability of media devices, this sector has increased tremendously in size in the past ten years, from 8.5 billion U.S. dollars in revenue in 2006 to 20.14 billion U.S. dollars in 2018.

The sponsorship sector, which includes revenues generated by payments from companies to have their products associated with an event, a team or a league, has also been expanding in the past years. In 2018, an estimated 17.17 billion U.S. dollars of revenues were generated through this channel, with projections as high as 20.65 billion by 2023. The merchandising sector, which includes everything from team jerseys to branded sports equipment, has registered slow but steady growth, with projected revenues reaching over 15.4 billion U.S. dollars in 2023.

Yearly growth chart for sports betting in US states, including handle, revenue, and growth metrics

Introduction

Sports Tourism Statistics: Sports tourism is a special type of tourism where a visitor either watches sporting events as a spectator or takes part in them. In today's globalized world, economies have recognized the importance of sports tourism and have made substantial investments.

By examining sports tourism statistics, we can explore its significance and understand why it has become a crucial part of any nation's economy."

Graph and download economic data for Total Revenue for Sports Teams and Clubs, All Establishments, Employer Firms (REVEF711211ALLEST) from 1998 to 2022 about sport, employer firms, accounting, revenue, establishments, services, and USA.

Yearly and monthly growth charts for sports betting in North Carolina , including handle, revenue, and growth metrics

Yearly and monthly growth charts for sports betting in Kansas , including handle, revenue, and growth metrics

Elite women's sport has been forecast to generate around 2.35 billion U.S. dollars in revenue in 2025. This marked a significant increase on the revenue of less than one billion U.S. dollars that was generated by women's professional sport around the globe in 2023.

Yearly and monthly growth charts for sports betting in Maryland , including handle, revenue, and growth metrics

Yearly and monthly growth charts for sports betting in Connecticut , including handle, revenue, and growth metrics

This table contains 14 series, with data for years 2013 - 2015 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); North American Industry Classification System (NAICS) (1 item: Spectator sports); Sales and service revenue, type of service (14 items: Total sales of goods and services; Admissions to live performances and events presented by this business; Facility rental revenue; Rental revenue of traveller accommodation; ...).

Yearly and monthly growth charts for sports betting in Massachusetts , including handle, revenue, and growth metrics

Yearly and monthly growth charts for sports betting in Vermont , including handle, revenue, and growth metrics

Yearly and monthly growth charts for sports betting in Colorado , including handle, revenue, and growth metrics

Yearly and monthly growth charts for sports betting in Mississippi , including handle, revenue, and growth metrics

Yearly and monthly growth charts for sports betting in Indiana , including handle, revenue, and growth metrics

Yearly and monthly growth charts for sports betting in Oregon , including handle, revenue, and growth metrics

Yearly and monthly growth charts for sports betting in Iowa , including handle, revenue, and growth metrics

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The sports betting market industry revenue was valued at $ 106.25 bn in 2021-2025. The market is expected to witness robust growth at a CAGR of 10 % during the forecast period 2021-2025. The market revenue has been built and validated using multiple demand-side and supply-side approaches for a detailed understanding of the sports betting market.

The industry revenue of the global sports betting market has been derived by triangulating data from multiple sources and approaches. While arriving at the industry revenue, we have considered data points, such as the size of the parent market and the revenues of key market participants, such as 888 Holdings Plc, Bet365 Group Ltd., Churchill Downs Inc., Flutter Entertainment Plc, GVC Holdings Plc, Kindred Group Plc, Sportech Plc, The Stars Group Inc., Webis Holdings Plc, and William Hill Plc.