Soccer Media - Spain

Spain

Highlights

Revenue in the Soccer Media market is projected to reach US$2.96bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.28%, resulting in a projected market volume of US$3.48bn 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$160.90 in 2024.
In the Soccer Media market, the number of users is expected to amount to 15.5m users by 2029.
User penetration in the Soccer Media market will be at 38.8% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Soccer Media market in Spain has seen steady growth due to its prominence within the larger Sports Market. Factors such as increasing demand for digital coverage, greater media coverage of soccer, and the convenience of online services have all contributed to this markets minimal growth rate. However, challenges within the Sports market, such as financial instability and declining viewership, have impacted this growth rate.

Customer preferences: Consumers in Spain have shown a growing interest in watching live soccer games on streaming platforms and social media, while also engaging with team and player content on social media platforms. This trend is driven by the younger demographics preference for convenience and flexibility in accessing soccer content, as well as the increasing availability of high-speed internet and smart devices. Additionally, the rise of influencer marketing has played a significant role in promoting soccer content and bridging the gap between fans and their favorite players.

Trends in the market: In Spain, the Soccer Media Market is experiencing a shift towards digital platforms, with a significant increase in streaming services and social media engagement. This trend is driven by the growing demand for on-demand, personalized content, as well as the increasing use of mobile devices for sports consumption. Going forward, industry stakeholders can anticipate further growth in online and mobile channels, and should capitalize on this by investing in digital infrastructure and content development to reach a larger audience and increase revenue opportunities. Additionally, advertisers can leverage these digital platforms for targeted advertising and sponsorship opportunities, providing added value for both fans and brands.

Local special circumstances: In Spain, the Soccer Media Market is heavily influenced by the countrys deep-rooted passion for soccer and its successful professional leagues. The presence of popular clubs like Real Madrid and FC Barcelona has driven the growth of the market, with fans constantly seeking new ways to consume soccer content. Additionally, Spains strong digital infrastructure and high internet penetration have facilitated the rise of online streaming services for soccer matches. Government policies promoting sports as a form of national identity have also played a significant role in shaping the countrys vibrant Soccer Media Market. With such unique cultural and regulatory factors, the Spanish Soccer Media Market stands out from others in the global Sports market.

Underlying macroeconomic factors: The Soccer Media Market in Spain is heavily influenced by macroeconomic factors such as the countrys overall economic health and government policies. Spains GDP growth rate and unemployment rate directly impact consumer spending on leisure activities, including soccer media. Fiscal policies can also affect the market, such as changes in tax rates or government subsidies for sports media companies. Additionally, global economic trends, such as fluctuations in currency exchange rates, can affect the purchasing power of international media buyers and sponsors, which in turn impacts the overall revenue of the Soccer Market within the Sports Market. These factors, combined with the current state of the Spanish economy and government policies, play a crucial role in shaping the landscape of the Soccer Media Market in Spain.

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.