Incremental Demand in Sports Consulting Market is estimated to Grow at a CAGR of 22.2% over the Forecast Period, Owing to Increase in Number of Investors Investing in Sports Start-Ups, says Absolute M
By: Purvesh Jain
Tags: Consulting, Sports, Market, Research, Report

Incremental Demand in Sports Consulting Market is estimated to Grow at a CAGR of 22.2% over the Forecast Period, Owing to Increase in Number of Investors Investing in Sports Start-Ups, says Absolute Markets Insights purvesh jain Dec 12, 2020·4 min read

The proliferation of technology across the sports industry has seen a significant acceleration over the past few years and consultancies have significantly aided in this seamless transition. The advent of tracking technology has helped sportspersons and clubs to upgrade their informative game plans and strategies as per their specific requirement. Management and sports consultants review and provide recommendations specifically on the technology procedures of sports companies. These consultants are marketing experts working for professional athletes, sports teams and corporations seeking involvement in sports. One of the primary task of a sports consultant is to crack a business deal, which can range from corporate sponsorship of major events such as the Master’s golf tournament or the Super Bowl to the commercialization of underdeveloped sports. Sports consultants also help players secure endorsement deals. For instance, Peyton Manning, a player of the Indianapolis Colts football team, is earning millions of dollars from endorsements. Most of these deals were setup by sports consultants who charge a percentage of the deal as their consultation fee. These factors are significantly pushing the growth of sports consulting market across the globe.

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Talking from the investment perspective, in the media and content-related platforms, esports and measurement platforms for data, analytics and biometrics were among the top three areas of interest. In addition to this, other prominent areas included athlete tech and performance optimization, in-venue technology, gambling and gaming, recovery health and home fitness of athletes. Furthermore, investment opportunities across the sector are dependent on the commercial directions and legal decisions of competition organizers, regulatory bodies and clubs as they continue to grow in sophistication and lay down commercial frameworks that will govern the future of their sports. With such growing initiatives, the demand of sports consultants will be at its peak, which is anticipated to propel the growth of global sports consulting market over the forecast period.

In terms of revenue, global sports consulting market was valued at US$ 4844.27 Mn in 2018 and is anticipated to grow at a CAGR of 22.2% over the forecast period. The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries

The detailed research study provides qualitative and quantitative analysis of sports consulting market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

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Key Findings of the Report:

· Financial management and diversification strategies services accounted for the highest share in 2018 in the global sports consulting market. The increasing demand for faster and easier evaluations of the funds has contributed towards the higher market share.

· Sports federations were the highest revenue generating segment among the other end users in global sports consulting market in 2018.

· North America held the highest share in the global sports consulting market in 2018. The growing popularity of sports consulting services along with increase in new players entering the market has led to the highest share of the region.

· Some of the players operating in the sports consulting market are AT Kearney, Bain & Company, Deloitte Touche Tohmatsu Limited, Ernst & Young, KPMG International, L.E.K. Consulting, McKinsey and Company, Portas Consulting Limited, PwC and T.S.E Consulting amongst others.

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Global Sports Consulting Market:

· By Type

o Sponsorship Development Strategy

o Sports Marketing and Digital Strategy Planning

o Event Management and Public Relation Strategy

o Financial Management and Diversification Strategies

o Organizational and Management Consulting

o Fundraising

o Ticketing

o Others

· By End User

o Sports Federations

o Leagues and Teams

o Sports Apparel and Equipment Companies

o Event Organizers

o Others

· By Region

o North America

§ U.S

§ Canada

§ Mexico

§ Rest of North America

o Europe

§ France

§ The UK

§ Spain

§ Germany

§ Italy

§ Nordic Countries

ü Denmark

ü Finland

ü Iceland

ü Sweden

ü Norway

§ Benelux Union

ü Belgium

ü The Netherlands

ü Luxembourg

§ Rest of Europe

o Asia Pacific

§ China

§ Japan

§ India

§ New Zealand

§ Australia

§ South Korea

§ Southeast Asia

ü Indonesia

ü Thailand

ü Malaysia

ü Singapore

ü Rest of Southeast Asia

§ Rest of Asia Pacific

o Middle East and Africa

§ Saudi Arabia

§ UAE

§ Egypt

§ Kuwait

§ South Africa

§ Rest of Middle East & Africa

o Latin America

§ Brazil

§ Argentina

§ Rest of Latin America

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