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Sport Events - Iran

Iran
  • Revenue in the Sport Events market is projected to reach US$34.93m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of -3.83%, resulting in a projected market volume of US$29.88m by 2028.
  • In the Sport Events market, the number of users is expected to amount to 2.3m users by 2028.
  • User penetration will be 2.6% in 2024 and is expected to hit 2.6% by 2028.
  • The average revenue per user (ARPU) is expected to amount to US$15.71.
  • In global comparison, most revenue will be generated United States (US$16.43bn in 2024).
  • With a projected rate of 17.1%, the user penetration in the Sport Events market is highest Luxembourg.

Definition:

The Sports Events market consists of the sale of tickets for professional sporting events that are purchased via the Internet. Football, basketball, baseball and other ball sports, plus motorsports including Formula 1 and NASCAR, as well as golf, tennis, and similar sports, are included. The market covers the sale of digital tickets with QR codes and the purchase of paper tickets that are bought online and posted to an address or are available at a physical collection point. Users refer to the active ticket buyers, independent of the number of tickets purchased in one booking.

Additional Information

Data includes revenue figures in Gross Merchandise Value (GMV), Users, average revenue per user (ARPU), and user penetration rate. User and revenue figures represent B2C services.

In-Scope

  • Online sale of tickets for professional sporting events such as football, basketball, baseball, motorsports etc.
  • Digital tickets with QR codes
  • Online purchased tickets that are posted to an address or printed at home
  • Online purchased paper tickets that are available at a physical collection point

Out-Of-Scope

  • Offline and telephone bookings / reservations
  • Tickets for non-sports related events
  • Event-related services such as catering etc.
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Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Mar 2024

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Sport Events market in Iran is experiencing significant growth and development in recent years. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors all contribute to this positive trend. Customer preferences play a crucial role in the growth of the Sport Events market in Iran. Iranians have a strong passion for sports, with football being the most popular sport in the country. The love for football is deeply ingrained in the culture, and Iranians eagerly support their local teams. This enthusiasm translates into a high demand for sport events, both at the national and international level. Additionally, Iranians also show interest in other sports such as wrestling, volleyball, and basketball, further driving the demand for sport events in the country. Trends in the market also contribute to the growth of the Sport Events market in Iran. The country has been actively working to improve its sports infrastructure, building modern stadiums and arenas to host national and international events. This investment in sports facilities has attracted major international sporting events to Iran, such as the Asian Games and the AFC Asian Cup. These events not only boost the local economy but also increase the visibility and popularity of sport events in Iran. Local special circumstances also play a role in the development of the Sport Events market in Iran. The country has a young and growing population, with a large portion of the population being under the age of 30. This demographic trend indicates a potential for future growth in the sport events market, as young Iranians are more likely to engage in sports and attend sport events. Additionally, the government of Iran has been actively promoting sports and physical activity as part of its public health initiatives, further driving the demand for sport events. Underlying macroeconomic factors also contribute to the growth of the Sport Events market in Iran. The country has experienced economic growth in recent years, which has led to an increase in disposable income and higher spending power among Iranians. This allows more people to afford tickets to sport events and participate in related activities, such as purchasing merchandise and food and beverages at the venues. Furthermore, the growth of the tourism industry in Iran has also contributed to the demand for sport events, as international visitors are eager to experience the local sports culture. In conclusion, the Sport Events market in Iran is experiencing significant growth and development due to customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. The passion for sports, investment in sports infrastructure, young population, and economic growth all contribute to the positive trend in the market. As these factors continue to drive the demand for sport events, the market is expected to further expand in the coming years.

    Users

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Methodology

    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.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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