American Football - Serbia | Statista Market Forecast

Revenue in the American Football market is projected to reach US$333.60k in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.52%, resulting in a projected market volume of US$396.50k 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$8.05 in 2024.
In the American Football market, the number of users is expected to amount to 45.8k users by 2029.
User penetration in the American Football market will be at 0.6% 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 Serbia is seeing slow growth due to factors such as limited media coverage, low merchandise sales, and lesser demand for tickets. Despite the sports popularity, advertising and publicity efforts remain low, restricting its growth potential. Additionally, the market faces challenges in obtaining funding and modern facilities for game operations. As a result, the American Football market in Serbia is experiencing minimal growth.

Customer preferences: The popularity of fantasy football leagues has increased in recent years, with more and more fans participating in virtual teams and competitions. This trend is driven by the convenience and accessibility of online platforms, as well as the desire for more engagement and interaction with the sport. Additionally, as the sport becomes more globalized, there has been a rise in interest and viewership from international markets, leading to new opportunities for American football brands and leagues. This shift towards online engagement and global expansion highlights the increasingly digital and interconnected nature of the Sports market.

Trends in the market: In Serbia, the American Football Market is experiencing a surge in popularity among young athletes, with more and more children and teenagers enrolling in football academies and joining club teams. This trend is driven by the rising investments and sponsorship deals in the sport, as well as the growing presence of international football leagues in the country. With American football gaining a foothold in Serbia, experts predict a continued upward trajectory for the sport, presenting lucrative opportunities for industry stakeholders such as equipment manufacturers, coaches, and training facilities. Additionally, this trend has the potential to further boost the overall Sports market in Serbia, attracting a wider audience and driving economic growth in the industry.

Local special circumstances: In Serbia, the American Football Market is a relatively small but growing market due to the countrys love for sports and the popularity of contact sports. The culture of teamwork and physical competition has contributed to the rise of American football, despite its Western origins. However, strict regulations on importing foreign players have hindered the growth of the market compared to other countries. In the United States, the American Football Market is driven by its deep-rooted tradition and highly organized professional leagues such as the NFL. The markets success is also influenced by the countrys strong sporting culture and the availability of resources to support player development, training facilities, and game infrastructure.

Underlying macroeconomic factors: The American Football market in Serbia is influenced by various macroeconomic factors. These include economic stability, consumer spending power, and government policies. The countrys economic growth and stable currency have contributed to increased consumer spending on sports and entertainment, including American Football. Additionally, policies and investments that support the development of the sports industry, such as the construction of new stadiums and sports facilities, have created opportunities for growth in the market. Furthermore, the countrys strong fan base and passion for American Football have also contributed to the markets success.

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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