Soccer Ticket Sales - South America

South America

Highlights

Revenue in the Soccer Ticket Sales market is projected to reach US$406.10m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.09%, resulting in a projected market volume of US$473.00m 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$23.44 in 2024.
In the Soccer Ticket Sales market, the number of users is expected to amount to 18.6m users by 2029.
User penetration in the Soccer Ticket Sales market will be at 4.2% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Soccer Ticket Sales Market in South America is experiencing minimal growth due to factors such as limited access to digital technologies in certain areas, decreasing interest in the sport, and the availability of free streaming options. Despite these challenges, the market is expected to steadily grow, driven by rising demand for live sporting events and increasing disposable income in the region.

Customer preferences: With the rise of digital platforms and the availability of online ticket sales, there has been a noticeable increase in the popularity of purchasing soccer tickets through virtual means in South America. This trend is especially prevalent among younger generations who are more comfortable with digital transactions and prefer the convenience of buying tickets from the comfort of their own homes. Additionally, as the middle class continues to grow in the region, there has been a shift towards experiential spending rather than material goods, leading to a rise in attendance at live sporting events and a subsequent surge in online ticket sales.

Trends in the market: In South America, the Soccer Ticket Sales market is experiencing a surge in online ticket sales, with more fans choosing to purchase tickets through digital platforms. This trend is expected to continue due to the increasing availability of high-speed internet and the convenience of online purchasing. This has significant implications for industry stakeholders, such as team owners and event organizers, as it allows them to reach a larger audience and streamline the ticketing process. Furthermore, with the growing trend of e-sports and virtual events, there is potential for the Soccer Ticket Sales market to further expand into the digital space. Additionally, this trend could potentially lead to a decrease in physical ticket sales, prompting stakeholders to shift their focus towards digital sales strategies.

Local special circumstances: In South America, the Soccer Ticket Sales market has been heavily influenced by the strong cultural and emotional attachment to soccer in the region. This has led to a high demand for tickets, with fans willing to pay a premium to attend games. Additionally, the strong passion for the sport has led to the creation of specialized ticket sales platforms, catering specifically to soccer fans. Furthermore, the unique geographical landscape of the region, with large distances between cities, has also played a role in driving ticket sales for matches hosted in different parts of the continent. Finally, regulatory differences between countries in the region can impact ticket prices and availability, creating a diverse and dynamic market for soccer ticket sales in South America.

Underlying macroeconomic factors: The Soccer Ticket Sales Market of the Soccer Market within the Sports Market is heavily influenced by macroeconomic factors such as global economic trends, national economic health, and fiscal policies. As the game of soccer gains popularity around the world, many countries are investing heavily in infrastructure and facilities to support the sport. This has contributed to the growth of the Soccer Ticket Sales Market in South America as well. Additionally, with an increasing middle class and disposable income, there has been a rise in demand for entertainment and leisure activities, including soccer matches. Furthermore, favorable regulatory environments and government support for the sports industry in many South American countries have also contributed to the growth of the Soccer Ticket Sales Market. However, economic instability and currency fluctuations in some countries have had a negative impact on ticket sales, highlighting the importance of stable economic conditions for market growth.

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.