Baseball Media - EU-27

EU-27

Highlights

Revenue in the Baseball Media market is projected to reach US$22.78m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 4.14%, resulting in a projected market volume of US$27.90m 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 15.1m users by 2029.
User penetration in the Baseball Media market will be at 2.6% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Baseball Media Market in EU-27 has seen minimal growth due to various factors such as limited demand for baseball media, saturation of market, and competition from other sports. However, increasing popularity of digital media and rising sports awareness among consumers could potentially impact the growth rate in the future.

Customer preferences: There has been a growing interest in live streaming and on-demand content for baseball games, particularly among younger audiences who have increasingly become accustomed to digital consumption of sports content. This has led to a rise in online platforms and subscription services offering exclusive access to games and related content. Additionally, with the increasing popularity of fantasy baseball leagues and social media engagement, providing interactive and engaging experiences has become a key factor for success in the Baseball Media Market.

Trends in the market: In the EU-27, the Baseball Media Market is experiencing a growing trend towards live streaming platforms, as more consumers prefer to watch games online rather than on traditional TV. This trend is significant as it allows the Baseball Market to reach a wider audience and potentially increase revenue through digital advertising. However, this also poses a potential threat to traditional broadcasters who may lose viewership. Additionally, the rise of social media has created opportunities for targeted marketing and fan engagement. These trends highlight the increasing importance of digital strategies for industry stakeholders in the Baseball Media Market.

Local special circumstances: In the EU-27, Baseball Media Market of the Baseball Market within the Sports Market market is affected by the varying cultural preferences for different types of sports, such as soccer and rugby, leading to a smaller audience and less competition for media rights. Additionally, regulatory restrictions on broadcasting and licensing agreements may limit the access of foreign market players to the region. Despite this, the market continues to grow due to the increasing popularity of baseball among younger demographics and the innovative use of technology in broadcasting, which caters to the tech-savvy European audience.

Underlying macroeconomic factors: The Baseball Media Market within the Sports Market in EU-27 is heavily influenced by macroeconomic factors such as consumer spending, GDP growth, and government policies. As the economy continues to recover from the global financial crisis, consumer confidence and disposable income are expected to increase, leading to higher spending on leisure activities like sports. Additionally, favorable policies and investment in sports infrastructure by national governments have created a conducive environment for the growth of the Baseball Market, providing new opportunities for media companies to tap into this market. Furthermore, with the rise in popularity of online and digital media, the Baseball Media Market is also benefitting from the overall trend towards digitalization and technological advancements in the EU-27 region.

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.