Sport Events - Nicaragua

  • Nicaragua
  • Revenue in the Sport Events market is projected to reach €0.66m in 2023.
  • Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 1.48%, resulting in a projected market volume of €0.70m by 2027.
  • In the Sport Events market, the number of users is expected to amount to 60.2k users by 2027.
  • User penetration will be 0.8% in 2023 and is expected to hit 0.8% by 2027.
  • The average revenue per user (ARPU) is expected to amount to €11.48.
  • In global comparison, most revenue will be generated in the United States (€14,480.00m in 2023).
  • 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

Comparación de regiones

Analyst Opinion

The online sale of Sport Event tickets has gone up considerably in the last years, even though it remains the lowest penetrationrate segment in the Event Ticket market. VIP and season tickets generate a major share of total revenue in this segment and, as online sales of these tickets are still low compared to offline channels, the segment still holds high growth potential. Yet the general increase in ticket prices over the last years is a major issur for the end consumers, so the Sport Tickets segment is also likely to move on to the subscription economy business models in the next years, with memberships replacing season tickets and subscriptions replacing general admission ticket sales.


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.


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.

Visión general

  • Revenue
  • Analyst Opinion
  • Users
  • Global Comparison
  • Methodology
  • Key Market Indicators
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