Baseball Ticket Sales - Ireland

Ireland

Highlights

Revenue in the Baseball Ticket Sales market is projected to reach US$220.70k in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 1.52%, resulting in a projected market volume of US$238.00k by 2029.
In global comparison, most revenue will be generated United States (US$2.88bn in 2024).
The average revenue per user (ARPU) in the Baseball Ticket Sales market is projected to amount to US$3.20 in 2024.
In the Baseball Ticket Sales market, the number of users is expected to amount to 74.1k users by 2029.
User penetration in the Baseball Ticket Sales market will be at 1.4% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Baseball Ticket Sales Market in Ireland has been experiencing slow growth due to the decreasing popularity of the sport and the rise of online ticket platforms. Additionally, the affordable pricing of tickets and the convenience of purchasing through digital channels have also impacted the growth rate.

Customer preferences: As the popularity of professional baseball continues to grow in Ireland, there is a noticeable shift in consumer preferences towards more convenient and efficient ways of purchasing tickets. With the rise of online and mobile ticketing platforms, fans are opting for a more streamlined and convenient ticket-buying experience. Additionally, the younger demographic has shown a preference for contactless transactions, which has led to an increase in mobile ticket sales. This trend is reflective of the evolving lifestyle factors and cultural nuances in Ireland, where digital solutions are becoming increasingly prevalent in all aspects of life.

Trends in the market: In Ireland, the Baseball Ticket Sales Market of the Baseball Market within the Sports Market has seen a recent increase in online ticket sales. With more people turning to digital platforms for purchasing tickets, this trend is expected to continue. This has significant implications for industry stakeholders, as it allows for a wider reach and easier access for customers. Additionally, with the rise in popularity of virtual events, the baseball ticket sales market may see an increase in virtual game tickets being sold. This could potentially open up new revenue streams for teams and organizations.

Local special circumstances: In Ireland, the Baseball Ticket Sales Market is heavily influenced by the strong sporting culture in the country and the popularity of traditional Irish sports like Gaelic football and hurling. This creates a unique challenge for baseball, as it competes with these established sports for fans and media coverage. Additionally, Irelands small geographic size and limited number of baseball facilities make it harder for the sport to gain a foothold and grow in the country. Furthermore, unlike other international markets, baseball in Ireland faces regulatory challenges, as it is not officially recognized as a sport by the Irish government, making it difficult for teams and leagues to receive funding and support. These factors greatly impact the dynamics of the Baseball Ticket Sales Market in Ireland within the larger Sports Market.

Underlying macroeconomic factors: The Baseball Ticket Sales Market in Ireland is greatly affected by macroeconomic factors such as the overall health and stability of the Irish economy, government fiscal policies, and global market trends. A thriving national economy and supportive fiscal policies can lead to increased consumer spending on leisure activities, including attendance at baseball games. Additionally, global economic trends such as fluctuations in exchange rates or trade agreements can impact ticket prices and overall demand for baseball tickets. In Ireland, where consumers have high disposable incomes and a strong demand for leisure activities, a stable and growing economy can contribute to a positive outlook for the Baseball Market within the Sports Market.

Data coverage:

The data encompasses B2C revenues. Figures are based on ticket spending. All monetary figures refer to consumer spending on goods 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.