The global sports tourism market is expected to grow at a CAGR of 35.2% during the forecast period. The global sports tourism is one of the most emerging sectors in tourism industry with decent growth rate in past two decades. Tourism sector is continuously evolving however, there is now a significant transformation in demand and traveler expectation. Nowadays, segmenting in an innovative way means aborting the typical pre-defined schemes, identical and generalist, trips with all the tourists doing same thing within a time period. On the other hand, tailor-made/custom packages are more trustworthy and chosen for sports travels.

Furthermore, it is expected that sport tourism will continue to gain momentum during the forecast period, opening up innovative avenues helping to improve the quality of life in different communities.

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The number of sports events and viewership are increasing globally. This is mainly due to availability of large sports infrastructure including stadiums, clubs, etc. Besides, interest towards the sports has also increased at fast rate in developing economies in last few years. Additionally, viewers for upcoming national and international sports events in 2020 and 2021 is expected to grow at double digit. Olympic Games in 2020 in Japan and FIFA World Cup in 2022 in Qatar are some of the most awaited tournament in coming years. All these factors will impact the Sports Tourism progression in the market in near future.

Geographically, Europe is the largest sports tourism market with different type of sports being played in different countries. Besides, the region organizes some of the major sports tournaments and events attracting domestic and international audience.

Key players in the in the sports tourism market includes some of the major tourism companies who offers pre-defined and tailor-made packages for individual and group. Apart from this, the sector is a gigantic intercontinental business attracting investment, bringing political interest, media attention and millions of traveling spectators and participants. Therefore, sport is large business helping some of the economics in growing by organizing sports events in their country.

Some of the key players operating in the sports tourism market are BAC Sports, Club Europe Holidays Ltd., Gullivers Sports Travel Limited, Inspiresport, MATCH Hospitality, QuintEvents, Sports Travel & Hospitality Group, THG Sports, Unique Sports Travel Limited, and Victory Sports Tours.