American Football Media - El Salvador

El Salvador

Highlights

Revenue in the American Football Media market is projected to reach US$295.10k in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of -0.51%, resulting in a projected market volume of US$287.60k 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$4.95 in 2024.
In the American Football Media market, the number of users is expected to amount to 61.8k users by 2029.
User penetration in the American Football Media market will be at 0.9% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The American Football media market in El Salvador is seeing minimal growth, due to factors such as limited resources and infrastructure, as well as the dominance of other sports in the region. Despite this, the rise of digital platforms and increased interest in sports could lead to potential growth opportunities in the future.

Customer preferences: As the popularity of American football continues to grow in El Salvador, the demand for digital content related to the sport is also on the rise. With the increasing use of social media and streaming platforms, there has been a noticeable shift towards consuming and engaging with American football media online. This trend is influenced by the younger demographic, who have a strong affinity for technology and the internet. Additionally, the rise of fantasy football and online betting has further propelled the demand for digital coverage and analysis of games and players.

Trends in the market: In El Salvador, American football has not yet gained widespread popularity, but there is a growing trend of using social media and online platforms for promoting and broadcasting games. This is significant as it allows for greater access to the sport for fans and potential sponsors. Additionally, there is a trend towards incorporating international players and coaches into local teams, which could lead to a higher level of competitiveness. Meanwhile, in the United States, the American football media market is seeing a rise in streaming services and online content, as traditional cable television continues to decline. This trend is driven by the increasing demand for personalized and on-demand content among younger audiences. In response, major media companies are investing in digital platforms and partnerships with streaming services. As a result, there may be a shift in advertising and sponsorship strategies within the American football market, with a greater focus on digital and social media channels.

Local special circumstances: In El Salvador, the media market for American football has seen a surge in popularity in recent years. This can be attributed to the countrys strong ties to the United States and its love for traditional American sports. The media coverage of American football has expanded, with major broadcasters now offering live games and analysis of the sport. Additionally, the rise of access to internet and social media platforms has allowed for greater promotion and sharing of American football content. In contrast, the American football media market in the United States has long been established and dominated by traditional sports like football and basketball. However, in El Salvador, American football has a unique opportunity to tap into a passionate and emerging fanbase, allowing for potential growth and expansion in the market.

Underlying macroeconomic factors: The American Football Media Market within the American Football Market is also influenced by macroeconomic factors such as technological advancements, media regulations, and investment in sports infrastructure. Countries with strong technological capabilities and favorable regulatory environments are experiencing faster market growth compared to regions with limited technological capabilities and challenging media regulations. Additionally, the increasing popularity of American football worldwide and the growing fan base are driving the demand for media coverage and content, leading to further market expansion.

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.