Report ID: SQMIG25P2013
Report ID:
SQMIG25P2013 |
Region:
Global |
Published Date: March, 2024
Pages:
223
|
Tables:
88 |
Figures:
76
Global Sports Tourism Market size was valued at USD 587.87 billion in 2022 and is poised to grow from USD 690.75 billion in 2023 to USD 2509.70 billion by 2031, growing at a CAGR of 17.5% in the forecast period (2024-2031).
The global sports tourism market is a dynamic and rapidly evolving sector within the broader travel and tourism industry. Fueled by the passion for sports and the desire to experience unique events, this market encompasses a diverse range of activities that attract enthusiasts and spectators alike.
Sports tourism offers a blend of exhilarating experiences, cultural exploration, and the thrill of witnessing live sporting events in iconic venues around the world. From major international tournaments to local competitions, travelers seek immersive experiences that allow them to connect with their favorite sports on a global stage.
This trend has prompted destinations to invest in world-class infrastructure, hospitality services, and event management, further enhancing the appeal of sports tourism. As travelers continue to prioritize memorable and experiential journeys, the global sports tourism market is expected to maintain its upward trajectory, catering to the growing demand for unforgettable athletic and leisure adventures.
US Sports Tourism Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG25P2013