GITNUX MARKETDATA REPORT 2024

Sports Sponsorship Industry Statistics

The sports sponsorship industry is projected to continue growing, with global spending expected to reach $60 billion in 2021.

In this post, we will explore the lucrative world of sports sponsorship industry, backed by an array of compelling statistics. From the staggering global investments to the dominance of specific regions and brands, we will uncover the significant role sponsorship plays in the realm of sports. Let’s dive deep into the numbers that shape this dynamic landscape.

Statistic 1

"Global sports sponsorship spending is projected to reach $48.4 billion by 2024."

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Statistic 2

"North America leads the sponsorship market by spending 23 billion U.S. dollars in 2019."

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Statistic 3

"Investment in sport sponsorship in the United Kingdom reached around 1.9 billion British pounds in 2020."

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Statistic 4

"Spending on sports sponsorship in China is expected to reach 5.8 billion U.S. dollars in 2023."

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Statistic 5

"The global sports market is expected to generate around 91 billion U.S. dollars in 2021."

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Statistic 6

"In 2021, about 78% of brands take part in sports sponsorship."

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Statistic 7

"Soccer is the most sponsored sport, accounting for about 70% of sports sponsorship deals."

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Statistic 8

"Coca-Cola has spent over $1 billion in sports sponsorship since 2002."

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Statistic 9

"Nike is the most active sponsor of sports, with a 31% user engagement."

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Statistic 10

"Professional sports teams receive an average of 18.3% of their revenues from corporate sponsorship deals."

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Statistic 11

"By 2019, motor sports had the third highest share of sports sponsorship at 10%."

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Statistic 12

"Red Bull outspent all other companies in sports sponsorship, with $1.8 billion spent since 2007."

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Statistic 13

"The revenue of the NFL from sponsorships amounted to approximately $1.47 billion in the 2019 season."

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Statistic 14

"In 2019, UEFA Champions League final brought 120 global brand partnerships."

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Statistic 15

"Volkswagen's deal with US Soccer is worth close to $33 million."

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Statistic 16

"Globally, sports sponsorship has grown at an annual rate of about 4% over the last 5 years."

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Statistic 17

"49% of fans believe that integrating sponsors into the sports experience can enhance the viewing experience."

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Statistic 18

"Nearly 1 in 5 (19%) of all worldwide sponsorship dollars is directed toward sports."

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Statistic 19

"Sports related sponsorship deals in England were worth over 1.07 billion GBP (British Pound) in 2019."

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In conclusion, the data highlights the robust and ever-growing nature of the sports sponsorship industry worldwide, with significant investments from various regions and companies across different sports. The statistics illustrate the massive financial impact and popularity of sports sponsorship, showcasing the key players, preferred sports, and revenue generated by such partnerships. The steady annual growth rate of global sports sponsorship indicates continued interest and potential for further expansion in the industry as brands seek to engage with fans and enhance the sports experience.

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