American Football Media - Nordics

Nordics

Highlights

Revenue in the American Football Media market is projected to reach US$3.10m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 0.92%, resulting in a projected market volume of US$3.24m 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$4.28 in 2024.
In the American Football Media market, the number of users is expected to amount to 810.0k users by 2029.
User penetration in the American Football Media market will be at 2.6% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The American football media market in Nordics is experiencing minimal growth due to factors such as limited audience reach, high competition, and lack of interest in the sport. Despite this, digital technologies, health awareness, and online convenience continue to drive the markets development.

Customer preferences: As the American football market continues to grow in popularity, consumers are increasingly turning to digital platforms for their sports content. This trend is fueled by a desire for convenience and accessibility, as fans seek out live streaming options, on-demand highlights, and interactive fan experiences. Additionally, the rise of social media has allowed for greater engagement with teams, players, and fellow fans, creating a more connected and immersive experience for viewers. The shift towards digital consumption has also opened up new opportunities for advertising and sponsorship within the American football media market.

Trends in the market: In the Nordics, the American Football Media Market is experiencing a shift towards digital consumption, with an increasing demand for online streaming services and digital platforms for accessing game highlights and analysis. In the United States, there is a rise in the use of social media to engage with fans and promote the sport. Meanwhile, in Europe, there is growing interest in American football, which is reflected in the expansion of media coverage and digital offerings. These trends indicate a shift towards a more connected and global fan base, opening up new opportunities for industry stakeholders to reach and engage with a wider audience.

Local special circumstances: In the Nordics, the American Football Media Market has seen steady growth due to a high interest in sports and a strong fan base for American football. The market is characterized by a strong emphasis on digital media, with a high level of internet and smartphone usage. This is driven by the tech-savvy Nordic population and their preference for consuming content online. In contrast, the American Football Media Market in the U.S. has a higher reliance on traditional media such as broadcast TV and radio, due to the long-standing popularity of the sport in American culture. The regulatory environment in the Nordics also plays a significant role, with strict data privacy laws and regulations shaping how American football content is distributed and monetized. These unique local factors contribute to the dynamics of the American Football Media Market in the Nordics and differentiate it from other markets in terms of content consumption and distribution.

Underlying macroeconomic factors: The American Football Media Market is heavily impacted by the overall macroeconomic landscape. Global economic trends, such as trade regulations and fluctuating currency values, can have a significant effect on the market. National economic health, including GDP growth and consumer spending, also plays a crucial role in the success of the market. Fiscal policies, such as tax rates and government spending, can directly influence the markets performance as well. Other financial indicators, such as interest rates and inflation rates, can also impact the market. In summary, the American Football Media Market is greatly influenced by macroeconomic factors and their fluctuations can have a significant impact on its growth and success.

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.