Spectator Sports in Canada - Industry Market Research Report

Spectator Sports in Canada - Industry Market Research Report

  • May 2021 •
  • 46 pages •
  • Report ID: 4248858 •
  • Format: PDF
Buzzer beater: Online media platforms will likely support relatively stable industry profit

Abstract

Spectator Sports in Canada
The Spectator Sports industry in Canada entertains millions of Canadian consumers on an annual basis, and the diversity of service offerings typically helps to stabilize the industry’s performance. There are few industry-specific organizations that can generate significant revenue, with the majority of industry operators instead consisting of small operations that provide sport entertainment on local or regional levels. The diversity of spectator sports helps when it comes to insulating the industry from external shocks. Consequently, industry operators have performed relatively well despite the depreciation of the Canadian dollar during the period. These types of online media platforms have ultimately permitted the industry’s profitability to remain relatively stable over the past five years, and will likely continue to do so moving forward. Over the five years to 2024, operators will likely continue to push for additional revenue streams via advertising and online content.

The Spectator Sports industry in Canada comprises sports teams or clubs that participate in live professional or semiprofessional sporting events (e.g. baseball, basketball, football, hockey, soccer and other team sports) before a paying audience. The sports franchises included in this industry may or may not operate their own facilities for presenting games or other spectator sports events.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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