American Football Media - NAFTA

NAFTA

Highlights

Revenue in the American Football Media market is projected to reach US$15.73bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 7.16%, resulting in a projected market volume of US$22.24bn 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$108.00 in 2024.
In the American Football Media market, the number of users is expected to amount to 178.1m users by 2029.
User penetration in the American Football Media market will be at 28.5% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The American Football Media Market is experiencing mild growth in the Sports Market within NAFTA. Factors such as technological advancements, increasing media coverage, and growing interest in football are driving this growth. Online platforms and streaming services have enabled easier access to football content, contributing to the markets growth rate.

Customer preferences: The contemporary American Football media market has witnessed a notable shift towards digital streaming and social media platforms, driven by evolving consumer preferences. With the rise of digital natives, there is a demand for personalized and interactive content, leading to the emergence of virtual reality and augmented reality technologies in sports broadcasting. Furthermore, there is a growing interest in data-driven analysis and fantasy sports, indicating a trend towards an immersive and interactive viewing experience.

Trends in the market: In the NAFTA market, the American Football Media Market is experiencing a shift towards digital media consumption. With the rise of streaming services and online platforms, traditional television viewership has declined, leading to an increase in online and mobile viewing of American Football events. This trend is significant as it represents a major shift in consumer behavior and has implications for industry stakeholders. Content providers and marketers will need to adapt to this digital trend and create engaging and interactive content to reach this new audience. Additionally, there is a potential for international growth as the digital landscape allows for American Football to reach a global audience beyond the traditional borders of North America.

Local special circumstances: In Mexico, the American Football Media Market is influenced by the countrys strong passion for diverse sports, with American football gaining rapid popularity in recent years. This has resulted in a high demand for media coverage and streaming services, especially among the younger demographic. Additionally, the close proximity to the United States has allowed for cross-border collaborations and exchange of expertise, contributing to the growth of the market. The market is also affected by cultural preferences, with Spanish-language commentary and coverage playing a significant role in catering to the Mexican audience.

Underlying macroeconomic factors: The American Football Media Market within the Sports Market is heavily influenced by macroeconomic factors such as consumer spending power, advertising budgets, and overall economic stability. In countries with a strong economy and high levels of consumer confidence, there is a greater demand for sports media coverage and sponsorship opportunities, resulting in higher market growth. Additionally, favorable fiscal policies and government support for the sports industry can also have a significant impact on the American Football Media Market, as they can create a more conducive environment for growth and attract investment from both domestic and international companies. Moreover, global economic trends and fluctuations in currency exchange rates can also play a role in the performance of the market, as they can affect the purchasing power of consumers and the profitability of businesses operating within the 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.