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Sport Events - Mauritius

Mauritius

Revenue in the Sport Events market is projected to reach €0.99m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of -0.77%, resulting in a projected market volume of €0.96m by 2028.
In the Sport Events market, the number of users is expected to amount to 38.3k users by 2028.
User penetration will be 3.0% in 2024 and is expected to hit 3.0% by 2028.
The average revenue per user (ARPU) is expected to amount to €25.82.
In global comparison, most revenue will be generated in the United States (€15,080.00m in 2024).
With a projected rate of 17.1%, the user penetration in the Sport Events market is highest in Luxembourg.

Key regions: India, Brazil, Germany, South Korea, China

Mercado

Región

Comparación de regiones

Moneda

Analyst Opinion

The Sport Events market in Mauritius is experiencing significant growth and development in recent years. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors are all contributing to this positive trend. Customer preferences in Mauritius have shifted towards a more active and healthy lifestyle, leading to an increased demand for sport events. People are becoming more conscious about their physical fitness and are actively seeking opportunities to participate in sports activities. This has created a favorable environment for the growth of the sport events market. Trends in the market indicate a growing interest in various types of sport events in Mauritius. Traditional sports such as football and cricket continue to be popular, but there is also a rising demand for niche sports such as water sports, cycling, and marathon running. This diversification of sports events caters to different customer preferences and ensures a wider participation. Local special circumstances in Mauritius also contribute to the development of the sport events market. The country is known for its beautiful landscapes and favorable climate, making it an ideal destination for outdoor sports events. The government has recognized the potential of sport tourism and has been actively promoting Mauritius as a sports destination. This has attracted both local and international participants, further boosting the growth of the market. Underlying macroeconomic factors also play a role in the development of the sport events market in Mauritius. The country's economy has been growing steadily, resulting in an increase in disposable income among the population. This allows individuals to allocate more funds towards leisure activities, including participating in sport events. Additionally, the government has been investing in the development of sports infrastructure, creating better facilities and venues for sport events. In conclusion, the Sport Events market in Mauritius is experiencing growth and development due to customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. The shift towards a more active lifestyle, the diversification of sport events, the favorable climate and landscapes, and the government's support and investment all contribute to the positive trend in the market.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on Gross Merchandise Value (GMV) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, urban population, usage of key players, and attitudes toward online services.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.