American Football Media - Belgium

Belgium

Highlights

Revenue in the American Football Media market is projected to reach US$843.30k in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 0.77%, resulting in a projected market volume of US$876.20k by 2029.
In global comparison, most revenue will be generated United States (US$15.48bn in 2024).
The average revenue per user (ARPU) in the American Football Media market is projected to amount to US$4.32 in 2024.
In the American Football Media market, the number of users is expected to amount to 216.7k users by 2029.
User penetration in the American Football Media market will be at 1.7% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The American Football Media Market in Belgium is slowly growing due to factors like the increasing popularity of American football among Belgian consumers and the convenience of accessing sports media online. However, minimal growth rate is impacted by factors such as competition with other popular sports in Belgium.

Customer preferences: There has been a notable increase in the consumption of on-demand and subscription-based streaming services for American football. This trend can be attributed to changing consumer preferences towards convenience and flexibility, as well as the increasing adoption of streaming platforms among younger demographics. Moreover, with the rise of social media and online communities, traditional broadcasting channels are facing competition from online platforms, leading to a shift in the distribution of American football content.

Trends in the market: In Belgium, the American Football Media Market is experiencing a surge in streaming services, with broadcasters offering live and on-demand coverage of American football games. In the United States, the trend of merging sports and social media is growing, with fans engaging in real-time discussions and sharing content on various social media platforms, leading to higher engagement and revenue opportunities. In Europe, there is also a rise in the adoption of fantasy football platforms, allowing fans to create and manage their own virtual teams. These trends highlight the increasing demand for immersive and interactive media experiences in the American football market, posing potential implications for industry stakeholders to capitalize on these emerging platforms for revenue growth and fan engagement.

Local special circumstances: In Belgium, the American Football Media Market is influenced by the countrys love for soccer, traditional European sports, and cycling. Despite this, the popularity of American football has been growing due to the success of Belgian players in the NFL. This has led to increased media coverage and partnerships with local sports networks. In the United States, where American football originated, the media market is dominated by major broadcasters like ESPN and major sports networks. However, with the rise of online streaming and social media, there has been a shift towards digital media consumption among American football fans, creating new opportunities for content creators and advertisers in the American football media market.

Underlying macroeconomic factors: The American Football Media Market is impacted by various macroeconomic factors, including the state of the global economy, the financial health of the country, governmental policies, and other relevant financial indicators that influence market performance. In regions with a stable economic climate and favorable fiscal policies, the American Football Media Market is experiencing rapid growth, driven by increased investment and technological advancements. In contrast, regions with economic and regulatory challenges may observe slower market growth due to limited funding and regulatory hurdles. Furthermore, the rising prevalence of chronic diseases and the aging population worldwide are also key drivers for the demand for American Football Media services, as they seek ways to improve access and outcomes in the healthcare sector.

Data coverage:

The data encompasses B2B revenues. Figures are based on media spending from businesses to several clubs. That also includes the revenues from advertising as this is part of media and broadcasting contracts the individual clubs have with their respective leagues.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., Consumer Insights), as well as performance factors (e.g., user penetration, price per ticket, price on sport goods). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, number of internet users, and internet consumption. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function or linear forecasting, as it fits the development of either strong growing markets or more sophistacted and saturated markets, such as soccer in Europe.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). We also account for the different cycles of international tournaments, such as world cups or continent cups. Consumer Insights data is reweighted for representativeness.