Soccer Media - El Salvador

El Salvador

Highlights

Revenue in the Soccer Media market is projected to reach US$921.40k in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.53%, resulting in a projected market volume of US$1.10m 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$6.18 in 2024.
In the Soccer Media market, the number of users is expected to amount to 174.6k users by 2029.
User penetration in the Soccer Media market will be at 2.3% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Soccer Media Market in El Salvador is experiencing moderate growth, influenced by factors such as increasing interest in digital platforms, growing soccer fanbase, and the convenience of online services.

Customer preferences: The growing popularity of live streaming platforms and social media has significantly impacted the way consumers engage with soccer media. Fans now have the ability to access real-time updates and highlights from their favorite teams and players, leading to a decrease in traditional television viewership. Additionally, the rise of digital platforms and influencers has transformed the way brands and marketers reach soccer fans, with a greater focus on targeted and authentic content. This shift towards digital consumption is also reflective of the younger demographic of soccer fans, who prioritize convenience and a more interactive and personalized experience.

Trends in the market: In El Salvador, the Soccer Media Market has been experiencing a shift towards digital platforms, with more fans relying on social media and streaming services to follow their favorite teams. This trend has been accelerated by the COVID-19 pandemic, as fans turn to online sources for live updates and game highlights. Additionally, there has been a rise in partnerships between media companies and soccer clubs, leading to increased access to exclusive content for fans. These trends highlight the growing importance of digital media in the Soccer Market, pointing towards a potential shift away from traditional television broadcasting. This could have significant implications for industry stakeholders, such as broadcasters and advertisers, who must adapt to new forms of media consumption to remain relevant in this competitive market.

Local special circumstances: In El Salvador, the Soccer Media Market is heavily influenced by the countrys passion for the sport and its strong ties to cultural identity. The popularity of soccer has led to a saturated market for sports media, with multiple networks and platforms competing for viewership and advertising. Additionally, regulatory restrictions on foreign ownership of media outlets have created a unique landscape for the market, with local companies holding a dominant position. These factors, combined with the countrys small size and geographic location, contribute to the distinctive dynamics of the Soccer Media Market in El Salvador, setting it apart from other soccer markets globally.

Underlying macroeconomic factors: In El Salvador, the Soccer Media Market is heavily influenced by macroeconomic factors such as national economic health and regulatory policies. With a strong economy and supportive governmental regulations, the Soccer Media Market has experienced steady growth in recent years. Additionally, the increasing popularity of soccer and the countrys love for the sport have further bolstered the market. Global economic trends, such as the growing use of digital platforms, have also played a role in the markets growth, with more people turning to digital media for their soccer fix. However, challenges such as limited internet access in certain regions and lower levels of disposable income may impede market growth. Overall, the success of the Soccer Media Market in El Salvador is closely tied to the countrys broader economic landscape and regulatory environment.

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.