Baseball Media - Australia & Oceania

Australia & Oceania

Highlights

Revenue in the Baseball Media market is projected to reach US$2.50m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 1.90%, resulting in a projected market volume of US$2.75m by 2029.
In global comparison, most revenue will be generated United States (US$5.84bn in 2024).
The average revenue per user (ARPU) in the Baseball Media market is projected to amount to US$1.94 in 2024.
In the Baseball Media market, the number of users is expected to amount to 1.5m users by 2029.
User penetration in the Baseball Media market will be at 3.0% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Baseball Media market in Australia & Oceania is growing at a slow rate due to limited technological advancements and low consumer awareness. This is impacted by the niche nature of the market and the dominance of traditional media in the region.

Customer preferences: With the rise of social media and streaming platforms, the Baseball Media Market in Australia & Oceania has seen a shift towards digital consumption of baseball content. This trend is driven by the younger demographics preference for convenience and on-demand access to games and highlights. Additionally, the growing popularity of fantasy baseball and online betting has created a demand for real-time statistics and analysis, leading to the emergence of specialized baseball media outlets catering to this niche market.

Trends in the market: In Australia & Oceania, the Baseball Media Market is experiencing a shift towards digital platforms, with live streaming of games becoming increasingly popular. Additionally, social media use among baseball fans is on the rise, with teams and players utilizing platforms such as Instagram and Twitter to engage with fans. This trend is significant as it allows for a wider reach and more personalized interactions with fans. However, it also presents challenges for traditional media outlets and advertisers who may struggle to compete with the immediacy and accessibility of digital media. Industry stakeholders will need to adapt to this trend and find ways to effectively engage with fans through various digital channels.

Local special circumstances: In Australia & Oceania, the Baseball Media Market is heavily influenced by the regions growing interest in American sports and its strong connection to the United States. This has led to a proliferation of digital platforms and media outlets dedicated to covering the sport, catering to the regions baseball fanbase. Additionally, the unique geographic location of the region, with a large number of islands and countries spread out over a vast area, has led to innovative ways of delivering live game coverage and highlights to fans in remote locations.

Underlying macroeconomic factors: The Baseball Media Market in Australia & Oceania is affected by macroeconomic factors that influence the overall Sports market. This includes global economic trends, as well as national economic health and fiscal policies. The growth and success of the market is also dependent on consumer spending patterns, levels of disposable income, and overall consumer confidence. Furthermore, government support and investment in sports infrastructure can greatly impact the performance of the Baseball Media Market. In countries with strong economic growth and a thriving sports culture, such as Australia, there is greater potential for the Baseball Media Market to grow and thrive. On the other hand, regions with economic challenges and less investment in sports may see slower growth in the Baseball Media Market. Additionally, factors such as technological advancements, digitalization of media, and changing consumer preferences towards consuming sports content online, are all influencing the market in Australia & Oceania. The success of the Baseball Media Market is ultimately tied to the overall performance of the Sports market and the larger macroeconomic factors at play.

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.