American Football - Saudi Arabia | Statista Market Forecast

Revenue in the American Football market is projected to reach US$2.96m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 2.82%, resulting in a projected market volume of US$3.41m by 2029.
In global comparison, most revenue will be generated United States (US$25.84bn in 2024).
The average revenue per user (ARPU) in the American Football market is projected to amount to US$7.96 in 2024.
In the American Football market, the number of users is expected to amount to 379.3k users by 2029.
User penetration in the American Football market will be at 1.0% in 2024.

Definition:

The Football market encompasses various aspects of the sport, including media coverage, ticket sales, and merchandise, catering to the immense global fanbase of American football. It encompasses platforms and channels dedicated to delivering news, analysis, and entertainment related to football matches worldwide. Additionally, it includes the sale of tickets for live football events, facilitating fan engagement and revenue generation. Moreover, the market comprises the sale of various products and merchandise related to football, allowing fans to showcase their support for their favorite teams and players through licensed apparel, memorabilia, and collectibles.

Structure:

Football Media: Encompasses revenues from television and online streaming rights for football matches.
Football Ticket Sales: Comprises revenues from tickets sold for football matches held in stadiums, online ticketing platforms, and season ticket packages.
Football Merchandising: Includes revenues from the sale of official team merchandise, player merchandise, and general football-themed products.

Additional information:

Key metrics within the market include revenues, viewers, ticket revenues, ticket purchasers, merchandise sales volumes, and licensing fees. Revenue streams primarily come from advertising, subscription fees, ticket sales, merchandise sales, and sponsorship deals. Data on broadcasting rights, online viewership, ticketing platforms, popular merchandise items, and fan preferences are essential for understanding market dynamics. Key players in the Football market include broadcasting networks, sports teams, apparel brands, ticketing agencies, and online marketplaces.

For more detailed insights, refer to the additional information provided next to the respective data points.

Ticket sales from games, such as league games
Revenue from merchandise, such as jerseys
Revenue from media rights, such as TV broadcasting

Revenue from player transfers, such as transfer fees
Tickets sold on the secondary market, such as on eBay
Revenue from licensing or sponsorship, such as from logos

The American Football market in Saudi Arabia is currently experiencing slow growth, largely due to factors such as limited market size and lower popularity compared to other sports. However, there is potential for growth in sub-markets such as media, merchandise, and ticket sales with the increasing use of digital technologies and a growing interest in American football among consumers. Additionally, partnerships with international leagues, improved infrastructure, and government support are expected to drive growth in the market.

Customer preferences: The recent growth of Saudi Arabias American Football Market is driven by a growing interest in international sports events and a desire for a more diverse entertainment experience among younger generations. As a result, the market has seen an increase in the number of American Football fans and the establishment of amateur teams. This trend is further reinforced by the countrys economic development and rising disposable income, enabling consumers to engage in new leisure activities and invest in their personal hobbies. Additionally, the popularity of American Football has sparked a demand for related merchandise and memorabilia, indicating a strong potential for growth in this market.

Trends in the market: In Saudi Arabia, there has been a significant increase in the popularity of American football, with the formation of the Saudi Arabian Football League and the launch of the countrys first professional team. This trend is expected to continue growing, as the sport gains recognition and funding from the government and private investors. This has led to an increase in investments in facilities and training programs, as well as a rise in fan interest and participation. As a result, the American Football Market in Saudi Arabia is expected to experience significant growth, providing opportunities for industry stakeholders to tap into this emerging market and capitalize on the increasing demand for the sport. With the rise of social media and digital platforms, the potential for reaching a wider audience and engaging with fans is also on the rise, making it an attractive market for sponsors and advertisers. As the sport continues to gain traction in the country, there is potential for the American Football Market in Saudi Arabia to rival other popular sports in the country, such as soccer and basketball, and establish itself as a major player in the Sports market.

Local special circumstances: In Saudi Arabia, the American Football market is largely influenced by the countrys strong cultural affinity towards the sport. The governments investments in building state-of-the-art stadiums and increasing awareness among the youth have contributed to its growing popularity. Furthermore, unique local customs and traditions have also shaped the way the game is played and consumed, such as gender segregation in sports facilities and strict regulations on alcohol consumption. These factors play a crucial role in shaping the market dynamics and creating a unique American Football experience in Saudi Arabia.

Underlying macroeconomic factors: The growth of the American Football Market in Saudi Arabia is influenced by macroeconomic factors such as government investment in sports facilities, economic diversification efforts, and consumer spending power. With the country investing heavily in developing its sports sector and promoting a more active lifestyle, the American Football Market is seeing increased interest and growth. Additionally, with a growing young population and a strong focus on sports entertainment, there is a high potential for further market expansion. However, the overall performance of the market is also affected by fluctuations in global oil prices, which impact the countrys economy and consumer spending habits. As such, stability in the global economic landscape and a strong national economy are crucial for the sustained growth of the American Football Market in Saudi Arabia.

Data coverage:

The data encompasses B2C and B2B revenues. Figures are based on media spending, merchandise spending, and ticket spending. All monetary figures for merchandise and tickets refer to consumer spending on goods or tickets in the respective segment, which can be online and offline.

Modeling approach / Market size:

Market sizes are determined through a combination of bottom-up and top-down approaches, 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.

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