American Football Media - Central America

Central America

Highlights

Revenue in the American Football Media market is projected to reach US$3.74m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of -0.23%, resulting in a projected market volume of US$3.70m 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$4.96 in 2024.
In the American Football Media market, the number of users is expected to amount to 790.0k users by 2029.
User penetration in the American Football Media market will be at 1.4% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The American Football Media Market in Central America holds a negligible growth rate, impacted by factors such as limited audience and competition from traditional media sources. This has hindered the market from experiencing significant growth like the Digital Health market.

Customer preferences: The American Football Media Market has been witnessing a rise in the popularity of social media platforms for engaging with fans and increasing brand visibility. In addition, with the growing demand for personalized and interactive content, live streaming and virtual viewing experiences have become prevalent. This trend is further fueled by the increasing use of mobile devices and the rise of a younger and tech-savvy audience, leading to a shift towards digital consumption of American football content.

Trends in the market: In Central America and the American Football Media Market, we are seeing a trend towards live streaming of American football games and highlights on social media platforms. This allows for greater global reach and engagement, especially with younger audiences. Additionally, there is a growing demand for more in-depth analysis and statistics, leading to the development of specialized sports media websites and apps. These trends offer opportunities for industry stakeholders, such as teams, leagues, and media companies, to tap into new revenue streams and better target niche demographics. However, it also poses challenges for traditional media outlets and requires them to adapt and diversify their content offerings. As digital consumption continues to rise, it is crucial for American football media in this region to keep pace with evolving consumer preferences and invest in innovative digital strategies.

Local special circumstances: In Central America, the American Football Media Market is heavily influenced by the regions strong cultural ties to sports, particularly soccer. This has led to a growing level of interest in American football, with local networks increasing their coverage of games and hosting events such as Super Bowl screenings. Additionally, limited internet access in certain areas has resulted in a higher reliance on traditional media, creating a unique dynamic in the market. Furthermore, regulatory requirements, such as licensing and broadcast rights, can also impact the availability and format of American football content in the region. These factors have played a significant role in shaping the American Football Media Market in Central America and differentiating it from other Sports markets.

Underlying macroeconomic factors: Fiscal policies and national economic health play significant roles in shaping the American Football Media Market in Central America. As the region continues to experience economic growth and stability, there is an increase in disposable income and consumer spending on entertainment, including sports media. Furthermore, favorable regulatory frameworks and government support for the sports industry have encouraged investment in the American Football Market, leading to its growth. Moreover, the rising popularity and advancements in digital media and technology have also contributed to the development of the American Football Media Market, creating new platforms for content consumption and revenue generation.

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.