Soccer Ticket Sales - Norway

Norway

Highlights

Revenue in the Soccer Ticket Sales market is projected to reach US$50.33m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 2.61%, resulting in a projected market volume of US$57.25m 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$75.77 in 2024.
In the Soccer Ticket Sales market, the number of users is expected to amount to 709.7k users by 2029.
User penetration in the Soccer Ticket Sales market will be at 12.0% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Soccer Ticket Sales Market in Norway has been growing slowly, influenced by factors such as low consumer interest and the declining popularity of the sport. Despite this, digital technologies and online services are being adopted at a minimal rate in an effort to boost sales.

Customer preferences: Consumer preferences in the Soccer Ticket Sales Market of the Soccer Market within the Sports Market are showing a growing interest in a more immersive and engaging experience at live events. This can be seen through the rising demand for VIP packages and exclusive access to players and teams. In addition, there is a growing trend towards creating a more family-friendly atmosphere at games, with activities and events specifically geared towards children. This shift in consumer preferences highlights the need for a more diverse and inclusive approach to fan engagement in the soccer market.

Trends in the market: In Norway, the Soccer Ticket Sales market is experiencing a steady increase in online ticket sales, with more consumers opting to purchase tickets through digital platforms. This trend is also seen in other European countries, where the convenience of digital ticketing has led to a decline in physical ticket sales. Additionally, there is a growing trend of offering discounted tickets and promotions through social media to attract more fans to stadiums. These trends have significant implications for both the soccer industry and ticketing platforms, as they offer opportunities for increased revenue and a more efficient ticketing process.

Local special circumstances: In Norway, the Soccer Ticket Sales Market is heavily influenced by the countrys passion for soccer and their long-standing tradition of supporting their local teams. This unique cultural aspect drives high ticket sales and investment in the sport, making it a dominant industry within the larger Sports Market. In addition, the countrys high levels of disposable income and strong economy also contribute to the growth of the market. Moreover, strict regulations on resale and scalping of tickets also play a factor in maintaining a stable market for soccer ticket sales in Norway, ensuring fair pricing and access for fans.

Underlying macroeconomic factors: The Soccer Ticket Sales Market in Norway is heavily influenced by macroeconomic factors such as the countrys economic stability and fiscal policies. Norway has a strong economy with low unemployment rates and high levels of disposable income, creating a favorable environment for consumer spending on sports events. Additionally, government support for the development of sports infrastructure and facilities has contributed to the growth of the Soccer Market within the Sports Market in Norway. Furthermore, global economic trends, such as the increasing popularity of soccer worldwide and the rising demand for live sports events, also play a significant role in driving the growth of the Soccer Ticket Sales Market in Norway. Overall, these macroeconomic factors have created a robust and stable market for the Soccer Market within the Sports Market in Norway, making it an attractive destination for both local and international soccer fans.

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.