Definition:
The Soccer media market encompasses revenues generated from broadcasting rights, digital streaming services, advertising, and sponsorships specifically related to soccer events. It includes television broadcasting, online streaming platforms, and radio broadcasts dedicated to soccer matches, tournaments, and leagues worldwide.Additional Information:
The market metrics include revenues, viewers, average revenue per viewer, and market penetration rates. Revenues are predominantly derived from advertising, subscription fees, and sponsorship deals. Data regarding broadcasting rights, online viewership, website traffic, and print circulation are crucial for understanding market trends. Key players in the Soccer media market include major broadcasting networks, digital media companies, and traditional print publishers such as ESPN, Sky Sports, BBC Sport, and FIFA.Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
The Soccer Market in Switzerland is currently facing negligible growth due to various factors including intensifying competition, decreasing popularity among younger generations, and the limited scope for innovation in the market. Despite these challenges, the market continues to offer convenient and accessible platforms for soccer enthusiasts.
Customer preferences: The Soccer Media Market within the Sports Market has experienced a shift towards digital platforms, with live streaming of games and interactive fan engagement becoming increasingly popular. This is driven by the growing use of digital devices and the desire for convenience and accessibility. Additionally, there has been an increase in demand for personalized and interactive content, as well as a shift towards social media as a primary source of news and updates for soccer fans. These trends are further reinforced by the growing influence of social media influencers in the soccer industry, influencing consumer preferences and behavior.
Trends in the market:
In Switzerland, the Soccer Media Market is seeing a surge in the popularity of streaming services for soccer games. This trend is driven by the increasing demand for on-the-go and personalized viewing options. As a result, media companies are investing in developing digital platforms to cater to this demand. Moreover, social media platforms are also emerging as a key player in the soccer media market, with teams and leagues using them to engage with fans and promote matches. This trend is expected to continue in the coming years, with a focus on creating innovative and interactive ways for fans to consume soccer content. Industry stakeholders should stay updated on these developments and explore how they can capitalize on the growing digital trend in the soccer media market.
Local special circumstances: In Switzerland, the Soccer Media market is heavily influenced by the countrys strong soccer culture and high demand for sports content. The countrys small size and affluent population also contribute to its unique market dynamics. Additionally, strict regulations on advertising and broadcasting rights further shape the landscape, with a focus on maintaining integrity and fair competition. These local factors create a niche market for specialized sports media companies and attract premium sponsorships, making Switzerland a key player in the global Soccer Market within the wider Sports Market.
Underlying macroeconomic factors: The Soccer Media Market in Switzerland is heavily impacted by macroeconomic factors, such as the countrys stable and strong national economy, its high levels of disposable income, and its favorable regulatory environment for media and sports industries. Furthermore, Switzerlands high standard of living and technological advancements enable the country to invest in advanced media technologies, leading to a competitive and lucrative Soccer Media Market. Additionally, the countrys strong soccer culture and fan base, combined with its geographical location in the heart of Europe, make it an attractive market for international soccer media companies.
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights