American Football Media - Peru

Peru

Highlights

Revenue in the American Football Media market is projected to reach US$2.04m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of -0.02%, resulting in a projected market volume of US$2.04m 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$5.79 in 2024.
In the American Football Media market, the number of users is expected to amount to 364.3k users by 2029.
User penetration in the American Football Media market will be at 1.0% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The American Football media market in Peru is facing negligible growth due to factors such as low fan engagement, lack of investment, and limited media coverage. This has hindered the markets potential for growth in recent years. However, with increased efforts to promote the sport and attract fans, the market may see a positive impact on its growth in the near future.

Customer preferences: With the rise of social media and digital platforms, American football fans in Peru are now consuming and engaging with the sport through online content, such as live streaming, highlight videos, and interactive forums. This trend is driven by the younger generations preference for on-demand and personalized content, as well as the increasing access to internet and mobile devices. As a result, sports media companies are adapting their strategies to cater to this digital-first market, creating new opportunities for advertisers and sponsors to reach a wider and more engaged audience.

Trends in the market: In Peru, there is a growing demand for American football content, with more media outlets providing coverage of the sport. This trend is largely driven by the increasing popularity of American football among Peruvian youth. Additionally, there is a rise in the use of social media platforms by American football teams and players to connect with fans and promote the sport. This trend is significant as it allows for a wider reach and engagement of the sport, potentially leading to higher viewership and revenue for all stakeholders. However, it also brings about the need for quality content and strategic digital marketing strategies. As the trend continues, stakeholders in the American football media market must adapt and invest in digital media to stay relevant and capitalize on this growing interest in the sport.

Local special circumstances: In Peru, the American Football Media Market is heavily influenced by the countrys deep love for the sport and its unique cultural traditions. The Peruvian Governments push for investment in sports infrastructure has also contributed to the growth of the American Football Market. On the other hand, in the United States, the market is highly saturated due to the popularity of traditional sports such as football and basketball. This has led to a fierce competition for viewership and advertising revenue among different media channels. Moreover, the regulatory environment in the US, with strict copyright laws and contracts, also plays a significant role in shaping the dynamics of the American Football Media Market.

Underlying macroeconomic factors: The American Football Media Market within the Sports Market is heavily influenced by macroeconomic factors such as overall economic stability, consumer spending power, and government policies. Factors such as economic growth, employment rates, and disposable income all play a significant role in shaping the demand for American football media. Additionally, regulatory environments and investment in media infrastructure also impact market growth. Countries with strong government support for sports and media industries are likely to experience faster growth in this market. Similarly, a growing interest in American football among younger demographics and the increasing use of digital media also contribute to the growth of this market.

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.