Soccer - Spain | Statista Market Forecast

Revenue in the Soccer market is projected to reach US$4.48bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.02%, resulting in a projected market volume of US$5.20bn by 2029.
In global comparison, most revenue will be generated United Kingdom (US$9.70bn in 2024).
The average revenue per user (ARPU) in the Soccer market is projected to amount to US$241.30 in 2024.
In the Soccer market, the number of users is expected to amount to 15.6m users by 2029.
User penetration in the Soccer market will be at 39.1% in 2024.

Definition:

The Soccer market encompasses various aspects of the sport, including media coverage, ticket sales, and merchandise, catering to the immense global fanbase of soccer (football). It encompasses platforms and channels dedicated to delivering news, analysis, and entertainment related to soccer matches worldwide. Additionally, it includes the sale of tickets for live soccer events, facilitating fan engagement and revenue generation. Moreover, the market comprises the sale of various products and merchandise related to soccer, allowing fans to showcase their support for their favorite teams and players through licensed apparel, memorabilia, and collectibles.

Structure:

Soccer Media: Encompasses revenues from television and online streaming rights for soccer matches.
Soccer Ticket Sales: Comprises revenues from tickets sold for soccer matches held in stadiums, online ticketing platforms, and season ticket packages.
Soccer Merchandising: Includes revenues from the sale of official club merchandise, player merchandise, and general soccer-themed products.

Additional information:

Key metrics within the market include revenues, viewers, ticket revenues, ticket users, merchandise sales volumes, and users. Revenue streams primarily come from advertising, subscription fees, ticket sales, merchandise sales, and sponsorship deals. Data on broadcasting rights, online viewership, ticketing platforms, popular merchandise items, and fan preferences are essential for understanding market dynamics. Key players in the Soccer market include broadcasting networks, sports clubs, apparel brands, ticketing agencies, and online marketplaces.

For more detailed insights, refer to the additional information provided next to the respective data points.

Ticket sales from games, such as league games
Revenue from merchandise, such as jerseys
Revenue from media rights, such as TV broadcasting

Revenue from player transfers, such as transfer fees
Tickets sold on the secondary market, such as on eBay
Revenue from licensing or sponsorship, such as from logos

The Soccer Market within the Sports Market in Spain is seeing limited growth, influenced by factors such as increased digitalization, growing interest in health among consumers, and the convenience of online services. This is evident in the sub-markets of Soccer Media, Soccer Merchandise, and Soccer Ticket Sales, which contribute to the overall markets negligible growth rate. Factors like limited investment in infrastructure and high ticket prices may be impacting the markets growth rate.

Customer preferences: With the rise of social media and online streaming platforms, there has been a noticeable growth in the popularity of virtual sports betting in Spain. This trend is further fueled by the changing preferences of younger generations, who are more likely to engage in online activities and seek convenience and flexibility in their leisure pursuits. This shift towards online betting is reflected in the increased investment from top soccer clubs in developing their own virtual betting platforms and partnerships with digital sports betting companies.

Trends in the market: In Spain, the Soccer Market within the Sports Market is experiencing a rise in the use of technology, with more teams incorporating data analytics and virtual reality technology into their training methods. This trend is expected to continue as technology becomes more accessible and affordable. Additionally, there is a growing trend of using social media platforms to engage with fans and create a global presence. This trend has major implications for industry stakeholders as it allows for increased fan engagement, brand awareness, and potential revenue opportunities through sponsorship and merchandise sales. The use of technology and social media has the potential to revolutionize the way the Soccer Market operates in Spain and globally.

Local special circumstances: In Spain, the Soccer Market dominates the Sports Market due to the countrys deep-rooted cultural history in the sport. The passion and devotion of Spanish fans, combined with the countrys successful professional league, La Liga, make it one of the largest and most lucrative soccer markets in the world. Additionally, the regulatory climate in Spain, with strict rules and regulations on club ownership and financial fair play, has contributed to market stability and competitiveness. The geographical location of Spain, with its close proximity to other European soccer powerhouses, also plays a crucial role in attracting top talent and driving market growth.

Underlying macroeconomic factors: In Spain, the Soccer Market is heavily influenced by macroeconomic factors such as the countrys overall economic health and fiscal policies. The performance of the Soccer Market is closely tied to the overall economic growth and consumer spending patterns. A strong and stable economy with low unemployment rates and increasing disposable income levels can lead to higher demand for tickets, merchandise, and sponsorships in the Soccer Market. Conversely, a weak economy with high unemployment rates and limited disposable income can result in lower demand and revenue for the market. Additionally, government policies on taxation and international trade can also impact the Soccer Market, as changes in these policies can affect the costs of running a team and acquiring players. Furthermore, fluctuations in exchange rates and global economic trends can influence the prices of player transfers and international competitions. Overall, a healthy and stable economy with favorable government policies and consumer confidence can lead to a thriving and competitive Soccer Market in Spain.

Data coverage:

The data encompasses B2C and B2B revenues. Figures are based on media spending, merchandise spending, and ticket spending. All monetary figures for merchandise and tickets refer to consumer spending on goods or tickets 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.

This report presents a comprehensive analysis and additional information on the Advertising & Media market, in a PDF format.