American Football Media - Serbia

Serbia

Highlights

Revenue in the American Football Media market is projected to reach US$177.30k in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 0.60%, resulting in a projected market volume of US$182.70k 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$4.30 in 2024.
In the American Football Media market, the number of users is expected to amount to 45.4k users by 2029.
User penetration in the American Football Media market will be at 0.6% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The American Football Media Market in Serbia is experiencing minimal growth due to changes in consumer behavior, shifting priorities, and increased competition. These factors contribute to the industrys slow growth rate. However, the convenience and growing popularity of online media services are driving some growth.

Customer preferences: The American football media market in Serbia is experiencing a rise in digital consumption, with consumers increasingly turning to online platforms for live streaming, updates, and discussions. The shift is being driven by the growing popularity of American football among Serbian youth, who are highly tech-savvy and spend a significant amount of time online. This trend is also indicative of the changing media landscape in the country, with traditional media being replaced by digital media as the preferred source of entertainment and information.

Trends in the market: In Serbia, there has been an increase in the popularity of American football, leading to a rise in demand for related media and content. This trend is reflected in the increasing number of online platforms and social media accounts dedicated to covering American football in the country. Additionally, traditional media outlets are also starting to include American football coverage in their programming. Going forward, this trend is expected to continue, as younger generations show a growing interest in the sport. This could have significant implications for stakeholders in the industry, from broadcasters to advertisers, who may need to adapt their strategies to cater to the growing demand for American football content in the Serbian market.

Local special circumstances: In Serbia, the American Football Media Market is heavily influenced by the countrys rich tradition and passion for sports. Football is deeply ingrained in the culture, with a strong fan base and dedicated media coverage. Additionally, the countrys geographical location, sandwiched between Eastern and Western Europe, gives it a unique blend of influences that reflect in the Sports market. Compared to other markets, the American Football Market in Serbia is also shaped by government regulations, including policies surrounding sports broadcasting rights and sponsorships. These factors contribute to the growth and popularity of the American Football Market and its impact on the overall Sports market in the country.

Underlying macroeconomic factors: The American Football Media Market is greatly impacted by macroeconomic factors such as the overall economic stability of the country, consumer spending power, and media regulations. Countries with strong economic growth and high consumer spending tend to have a larger market for sports media, as individuals have a higher disposable income to spend on entertainment. Additionally, countries with favorable media regulations and policies, such as allowing for multiple broadcast and streaming options, can stimulate the growth of the American Football Media Market. Lastly, technological advancements and investments in digital media infrastructure can also greatly influence market performance, as the rise of streaming services and social media platforms have significantly expanded the reach and engagement of American football audiences.

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.