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Sports

The sports market is a large and diverse industry that includes a wide range of segments such as professional and amateur sports, sports media and broadcasting, sports sponsorship and advertising, sports equipment and apparel, and sports venues and facilities.

 

The size of the global sports market varies depending on the segment and the region. The global market for sports equipment and apparel is expected to reach $180.2 billion by 2022, growing at a CAGR of 4.3% during the period of 2017 to 2022 and the global sports market size was valued at $488.7 billion in 2019 and it is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2020 to 2027. The growth of the market is attributed to the increasing popularity of sports and fitness activities, along with the growing number of sports events and leagues worldwide.

The sports media and broadcasting market is also growing, driven by the increasing popularity of live sports events and the growing number of streaming platforms and OTT services. The global sports media market is expected to reach $79.3 billion by 2022, growing at a CAGR of 7.3% during the period of 2017 to 2022.

The sports sponsorship and advertising market is also a large and growing industry, driven by the increasing popularity of sports and the growing number of sports events and leagues worldwide. The global sports sponsorship market is expected to reach $65.8 billion by 2022, growing at a CAGR of 7.8% during the period of 2017 to 2022.

RSA offers a range of services to clients in the sports industry, including strategy development, performance optimisation, and organisational design. These services can help sports organisations improve their financial performance, enhance the fan experience, and optimise their operations.

Some of the specific services we offer in the sports industry to organisations include:

  • Strategy development: helping sports organisations develop and implement strategic plans that align with their goals and objectives, such as growing revenue and improving fan engagement.

  • Performance optimisation: assisting sports organisations in identifying areas of improvement and implementing solutions to enhance performance, such as optimising player performance and improving team performance.

  • Organisational design: working with sports organisations to design and implement effective organisational structures and processes, such as developing talent management programs and improving team culture.

  • Revenue enhancement: supporting sports teams, leagues, and organisations in increasing revenue through various means such as ticket sales, sponsorships, merchandising and media rights.

  • Digital Transformation: helping sports organisations to leverage digital technologies to improve fan engagement, enhance the fan experience, and boost revenue.

We also offer a variety of services to individual sportspeople, such as professional athletes, coaches, and trainers. These services can help sportspeople improve their performance, manage their careers, and plan for their future after their sports career.

Some of the specific services we offer to sports people include:

  • Career management: We assist sports people in managing their careers, such as negotiating contracts, building personal brands, and identifying opportunities for endorsements and sponsorships.

  • Performance optimisation: We help sports people improve their performance by using data and analytics to identify areas of improvement, developing training plans, and implementing strategies to enhance physical and mental conditioning.

  • Financial planning: We assist sports people in planning for their financial future, including budgeting and saving, managing investments, and developing strategies for managing income and expenses.

  • Transition planning: We work with sportspeople to plan for their transition to life after sports, such as identifying career opportunities and developing a plan for continuing education and professional development.

  • Mental and emotional health: We also offer support to improve the mental and emotional health of sports people by providing them with guidance on how to manage stress, overcome mental barriers, and improve overall well-being.

These services are tailored to the individual needs of each sports person, as we try to understand the specific challenges and opportunities faced by each sportsperson. In addition, we also provide training and coaching to help sportspeople improve their performance and manage their careers. We work with sportspeople to help them optimise their performance and manage their careers in a more effective way. These services are beneficial for sports people as they help them to make better decisions and to be more prepared for the future.

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