Sports Tourism Market Analysis Research and Trends report for 2019-2029

The global Sports Tourism market is projected to be US$ 1,413.7 Mn in 2018 to reach US$ 2,936.4 Mn by 2028 at a CAGR of 7.6%.

Market.us announces the publication of its most recently generated research report titled, “Global Sports Tourism Market by Type (International sports tourism and Domestic sports tourism), By Application (Teenagers, Middle-aged people and Elder), and by Region – Global Forecast to 2028.”, Which offers a holistic view of the global Sports Tourism market through systematic segmentation that covers every aspect of the target market.

Sports tourism refers to travelling related to observing or participating in sporting events. Sports tourism is the fastest growing sector of the global travel industry.  Sports tourism has not been extremely popular, during the recent decades, but also witnessing tremendous boom owing to rise in public interest in national as well as international sports tournaments. Customers are travelling far and wide to attend their favourite sports event. The fan following emotion, along with travelling-vacationing culture, encourages the sudden spike in popularity. Technology advancement in recent years has appeared to make a huge impact on the sports industry, due to the availability of buying tickets online through the various site. Moreover, customers are also aware of when and where sports events will take place in advance.

Browse full Sports Tourism Market Research Report with TOC: https://market.us/report/sports-tourism-market/request-sample/

Increase in disposable income is also one of the major factor fueling the growth of sports tourism. Advancement in the transportation system is expected to support the growth of sport tourism. Owing to the invention of the automobile and air travel in the past century, the customer has been able to move to various location to participate in sports activities. Innovation in media technology has led to aid the popularity in the sports tourism market. Moreover, the improvement in sports equipment production has also contributed to the development of sports events.

On the basis of region, the market is segmented into North America, Europe, APAC, South America and MEA. North America accounts for the majority share in the global Sports Tourism market, owing to technology innovation is expected to boost demand for the sports tourism market in coming years. APAC is expected to register the highest growth rate over the forecast period. Countries and regions such as China, Japan, South America and MEA are expected to register stable growth over the forecast period.

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Key Market Segments:

Type

International Sports Tourism
Domestic Sports Tourism

Application

Teenagers
Middle-Aged People
Elder

Key Market Players included in the report:

Cipla Ltd.
Apotex Inc.
BAC Sport
Great Atlantic Sports Travel
ITC Sports Travel
TUI AG
Fanatic Sports
Sportsnet Holidays
Sports Tours International
MATCH Hospitality AG
THG SPORTS

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