Soccer Ticket Sales - Northern Africa

Northern Africa

Highlights

Revenue in the Soccer Ticket Sales market is projected to reach US$30.27m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 0.76%, resulting in a projected market volume of US$31.45m by 2029.
In global comparison, most revenue will be generated United Kingdom (US$1.38bn in 2024).
The average revenue per user (ARPU) in the Soccer Ticket Sales market is projected to amount to US$7.62 in 2024.
In the Soccer Ticket Sales market, the number of users is expected to amount to 4.2m users by 2029.
User penetration in the Soccer Ticket Sales market will be at 1.5% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Soccer Ticket Sales Market in Northern Africa is experiencing a negligible growth rate due to various factors including limited disposable income, political instability, and lack of infrastructure. However, with increasing interest in soccer and availability of online ticket sales, the market may see slight improvements in the future.

Customer preferences: The growing popularity of online shopping platforms and the availability of e-commerce solutions have significantly impacted the soccer ticket sales market in Northern Africa. With an increasing preference for contactless transactions and convenience, consumers are turning to online platforms to purchase their tickets, leading to a rise in online ticket sales. This trend is expected to continue as digitalization becomes more prevalent in the region and consumers become more comfortable with online transactions. Additionally, the use of social media and digital marketing techniques has also played a key role in driving ticket sales for soccer matches.

Trends in the market: In Northern Africa, the Soccer Ticket Sales Market is experiencing a surge in online ticket sales through mobile apps and digital platforms. In addition, there has been a shift towards offering personalized ticket packages and discounts to attract more fans and increase revenue. This trend is significant as it caters to the growing demand for convenience and affordability in the region, potentially leading to higher attendance rates and overall market growth. Industry stakeholders will need to adopt digital strategies and partnerships to stay competitive and capitalize on this trend.

Local special circumstances: In Northern Africa, the Soccer Ticket Sales Market is heavily influenced by the regions passion for soccer. With a large fan base for local teams, ticket sales for games are consistently high. Moreover, the geographical spread of the region poses a unique challenge as matches are often held across various countries, making it necessary to have flexible ticketing systems that can cater to different currencies and languages. Additionally, cultural traditions such as haggling for prices and purchasing tickets in-person at physical locations also play a significant role in the ticket sales market.

Underlying macroeconomic factors: The Soccer Ticket Sales Market of the Soccer Market within the Sports Market is impacted by several macroeconomic factors in Northern Africa. The overall performance of the market is influenced by global economic trends, such as fluctuations in exchange rates and oil prices, as well as the countrys national economic health. Other important factors include fiscal policies, such as government spending on infrastructure and public services, and financial indicators, like inflation rates and interest rates. These factors can affect consumer spending power and demand for soccer tickets, as well as the overall economic stability of the country. Moreover, political stability, security concerns, and social factors, such as population demographics and cultural preferences, can also play a significant role in shaping the Soccer Ticket Sales Market in Northern Africa. These factors must be considered when analyzing the current and future performance of the market in this region.

Data coverage:

The data encompasses B2C revenues. Figures are based on ticket spending. All monetary figures refer to consumer spending on goods in the respective segment, which can be online and offline.

Modeling approach / Market size:

Market sizes are determined through a combination of bottom-up and top-down approaches, 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.