Soccer Media - Malta

Malta

Highlights

Revenue in the Soccer Media market is projected to reach US$261.30k in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.01%, resulting in a projected market volume of US$303.00k 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$5.71 in 2024.
In the Soccer Media market, the number of users is expected to amount to 51.7k users by 2029.
User penetration in the Soccer Media market will be at 8.5% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

As the Soccer Market continues to grow in Malta, the Soccer Media Market has also seen modest growth. Factors such as increased digital adoption, rising sports awareness, and convenient online services are driving this growth rate. However, external factors may be impacting the slow growth rate in this market.

Customer preferences: The Soccer Media Market in Malta has seen a rise in demand for digital streaming platforms, as more consumers turn to online channels to watch their favorite soccer matches. This trend is driven by the convenience and flexibility offered by digital platforms, as well as technological advancements in streaming quality. Additionally, there has been a shift towards interactive and personalized content, catering to the preferences and interests of individual viewers. This change is influenced by the increasing adoption of digital media among the younger demographic, resulting in a more diverse and technologically-savvy audience.

Trends in the market: In Malta, the Soccer Media Market is currently experiencing a shift towards digital streaming services and social media platforms for live coverage of soccer matches. This trend is expected to continue as more consumers prefer convenience and accessibility on their preferred devices. As a result, traditional media channels are facing declining viewership and advertising revenues. Industry stakeholders must adapt and invest in digital strategies to stay relevant and attract younger audiences. Furthermore, the emergence of AI and data analytics is shaping the content and delivery of soccer media, providing personalized experiences and targeted advertising opportunities. This emphasizes the need for media companies to leverage technology to stay competitive in the evolving soccer media landscape.

Local special circumstances: In Malta, the Soccer Media Market is heavily influenced by the countrys small size and population, resulting in a highly localized market. With a strong passion for soccer, Maltese viewers are known to closely follow their favorite teams and players. This has led to a unique demand for highly localized and personalized media coverage of soccer events, including live streaming and social media content. Additionally, regulatory factors, such as government restrictions on broadcasting rights and censorship of certain content, also play a significant role in shaping the dynamics of the Soccer Media Market in Malta.

Underlying macroeconomic factors: Economic factors play a significant role in shaping the Soccer Media Market in Malta. As a small island nation dependent on tourism and trade, Maltas economic growth is heavily influenced by global economic trends. External shocks, such as the recent COVID-19 pandemic, have a direct impact on the market, leading to reduced consumer spending and advertising budgets. Fiscal policies, such as tax incentives and government support for the sports industry, also play a critical role in driving market growth. Additionally, the countrys stable economic conditions and strong investment in digital infrastructure have facilitated the emergence of innovative technologies and platforms to deliver unparalleled media coverage of the Soccer Market, adding to the markets growth.

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.