What is the current Asia Pacific Sports Team And Clubs Market size?

The Asia Pacific Sports Team And Clubs Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029) Read More

Who are the key players in Asia Pacific Sports Team And Clubs Market?

Chennai Super King, Melbourne City FC, Sri Lanka Cricket, The Raintree Club and Kawasaki Racing Team are the major companies operating in the Asia Pacific Sports Team And Clubs Market. Read More

What years does this Asia Pacific Sports Team And Clubs Market cover?

The report covers the Asia Pacific Sports Team And Clubs Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Asia Pacific Sports Team And Clubs Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Asia Pacific Sports Team And Clubs Market Trends

Statistics for the 2023 & 2024 Asia Pacific Sports Team And Clubs market trends, created by Mordor Intelligence™ Industry Reports. Asia Pacific Sports Team And Clubs trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Asia Pacific Sports Team And Clubs Industry

Technological Innovations in the Market

Sports teams and clubs are increasing their market penetration through innovative digital tools of digital advertising, e-commerce, and online streaming services. This has diversified the revenue streams with personalized and enhancing fan participation. There is an increase in the number of people accessing TV programs through internet connections, resulting in audience choices outside the traditional TV channels to platforms such as Amazon Prime Video, Apple TV app, and other channels.
Existing leagues, such as the IPL (Indian Premier League) in India, are observing growth with a rise in fantasy sports. In the year 2023, IPL fantasy sports generated the highest revenue, creating positive growth for streamed teams/clubs in the market. People watching sports via online live streams in Asia Pacific countries of China, Indonesia, and Taiwan had a significant share of greater than 50% last year.

Asia Pacific Sports Team And Clubs Market: E-Sports Streaming Market Revenue in Asia, In USD Million (2019-2022)

Understand The Key Trends Shaping This Market

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Increase In Number Sporting Events

Over the past years, cricket and football leagues in Asia Pacific have observed a significant increase in viewership. Asian Games, Indian Premier League, and India Super League are among the sporting events attracting huge viewers from the region and outside the region as well. Asia's leading economies, China, Japan, India, and South Korea, are spending a huge sum to popularize sports and sporting events in their countries.
International teams and leagues, especially football clubs, are entering the Asian market to show off their products and raise their audience. IPL leagues are focusing on increasing the number of matches in each session, generating more revenue for the sports. Recently held World University Games in China raised opportunities for China sports brands and teams. With Asia emerging as a stage for hosting global sports events, it is encouraging participation of its regional sports teams and clubs and opening new opportunities for the market as well.