Soccer Media - Brazil

Brazil

Highlights

Revenue in the Soccer Media market is projected to reach US$1.68bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.43%, resulting in a projected market volume of US$1.99bn by 2029.
In global comparison, most revenue will be generated United Kingdom (US$7.84bn in 2024).
The average revenue per user (ARPU) in the Soccer Media market is projected to amount to US$29.04 in 2024.
In the Soccer Media market, the number of users is expected to amount to 62.8m users by 2029.
User penetration in the Soccer Media market will be at 26.6% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Soccer Media Market in Brazil is seeing minimal growth, influenced by factors like limited investments, low consumer demand, and lack of technological advancements. Despite being a major segment within the Sports market, it struggles to keep up with digital trends and faces challenges in reaching a wider audience.

Customer preferences: With the rising popularity of soccer in Brazil, there has been a noticeable growth in the demand for digital content and streaming services related to the sport. As people spend more time online, there has been a shift towards accessing match highlights, live games, and news through digital platforms. This trend is further fueled by the countrys young and tech-savvy population, who are constantly seeking convenient and personalized ways to consume information and engage with their favorite soccer teams and players. As a result, there has been a surge in investments in technology and digital media companies to cater to this growing demand in the Soccer Media Market of the Soccer Market within the Sports Market.

Trends in the market: In Brazil, the Soccer Media Market is experiencing a shift towards digital platforms and streaming services, allowing fans to access live matches and behind-the-scenes content on their mobile devices. This trend is expected to continue, with more investment in online content and partnerships between broadcasters and technology companies. With Brazil being one of the biggest markets for soccer, this trend can have a significant impact on the industry, providing new revenue streams and creating a more engaged fan base. However, it also poses challenges for traditional media channels and their advertising strategies. Developing innovative digital strategies and embracing new technologies will be crucial for industry stakeholders to stay competitive in the evolving soccer media landscape.

Local special circumstances: In Brazil, the Soccer Media Market thrives due to the countrys deep-rooted passion for soccer and its dominating presence in the sports and cultural landscape. The demand for media coverage is driven by the large number of avid soccer fans, as well as the extensive media coverage of major soccer events such as the World Cup and Copa America. Additionally, the countrys geographic size and diverse population allow for a variety of media outlets, including TV, radio, and digital platforms, to cater to different demographics and preferences. The unique cultural significance of soccer in Brazil also plays a major role in shaping the market and its dynamics, as well as regulatory policies implemented by the government to protect the local soccer industry and promote its growth.

Underlying macroeconomic factors: The Soccer Media Market within the Sports Market is greatly impacted by macroeconomic factors in Brazil. The countrys economy is heavily reliant on the performance of the sports industry, with soccer being the most popular and profitable sport. This dependence on sports creates a strong demand for media coverage and advertising, which drives growth in the Soccer Media Market. Additionally, favorable government policies and investments in sports infrastructure also contribute to the growth of this market. Moreover, the countrys growing middle class and increasing disposable income have led to a higher demand for sports entertainment, further boosting the growth of the Soccer Media Market in Brazil.

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.