Key regions: India, Brazil, Germany, South Korea, China
The Sport Events market in Bahrain is experiencing significant growth and development in recent years. Customer preferences for live sporting events, increasing disposable income, and government initiatives to promote sports tourism are some of the key factors driving this growth. Customer preferences for live sporting events have been a major driver of the Sport Events market in Bahrain. People in Bahrain have a strong passion for sports and enjoy watching live sporting events. The excitement and atmosphere of being at a stadium or arena, cheering for their favorite teams or athletes, is a unique experience that cannot be replicated through television or online streaming. This preference for live events has led to an increase in ticket sales and attendance at sporting events in Bahrain. Another factor contributing to the growth of the Sport Events market in Bahrain is the increasing disposable income of the population. As the economy has grown and personal incomes have risen, more people have the financial means to attend sporting events. This has led to an increase in demand for tickets and has created a positive environment for the growth of the market. The government of Bahrain has also played a significant role in promoting the Sport Events market. The government has recognized the potential of sports tourism and has implemented initiatives to attract international sporting events to the country. This has not only increased the number of sporting events taking place in Bahrain but has also attracted tourists from around the world who come to watch these events. The government's efforts to promote sports tourism have had a positive impact on the overall growth of the Sport Events market in Bahrain. In addition to customer preferences and government initiatives, there are also some local special circumstances that have contributed to the growth of the Sport Events market in Bahrain. The country's small size and close proximity to major cities in the region make it an ideal location for hosting sporting events. This has made Bahrain an attractive destination for event organizers and has further boosted the growth of the market. Underlying macroeconomic factors such as a stable economy, infrastructure development, and a growing middle class have also played a role in the growth of the Sport Events market in Bahrain. These factors have created a favorable environment for the market to thrive and have attracted both domestic and international investors. Overall, the Sport Events market in Bahrain is experiencing significant growth and development due to customer preferences, increasing disposable income, government initiatives, local special circumstances, and underlying macroeconomic factors. The market is expected to continue to grow in the coming years, driven by these factors and the country's growing reputation as a sports tourism destination.
Data coverage:
The data encompasses B2C enterprises. Figures are based on Gross Merchandise Value (GMV) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.Modeling approach / Market size:
Market sizes are determined through a bottom-up approach, building on predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. 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 and exponential trend smoothing. The main drivers are internet users, urban population, usage of key players, and attitudes toward online services.Additional notes:
The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
