Sports tourism to reach a valuation of nearly $2 billion by 2030

16-02-24

The global sports tourism market size was valued at US$323,420.0 million in 2020, and is projected to reach US$1,803,704.0 million by 2030, registering a CAGR of 16.1% from 2021 to 2030

Sports tourism is defined as travel that includes watching or participating in a sporting event outside the tourist's usual environment. 

Traveling from one region, country or state to another to attend a sporting event or match is known as sports tourism. Although sports tourism has not always been very popular, the number of people attending sporting events has increased dramatically in the last decade. 

People now travel long distances to attend their favorite events, which has fueled the sudden rise in popularity of sports tourism. There are three types of sports tourism: sports event tourism, celebrity and nostalgia sports tourism, and active sports tourism.