Spectator Sports Market

Spectator sports are the ones that most people who are neither players nor officials watch.

The market for spectator sports is estimated at $** billion, and annual growth of six percent is anticipated through 2018. This market's growth is primarily attributable to an increase in spectator attendance at motorsports events, as well as an increase in infrastructure investment for these events.

Drivers and restraints for spectator sports are two essential components of the spectator sports market. Injuries sustained by spectators at motorsports events are a major concern, and driver safety is one of the manufacturers' top priorities. Seat belts and other restraints used in race cars protect both drivers and spectators from severe injury.

The Asia-Pacific region is outperforming the rest of the world in terms of growth rates in the spectator sports market. In terms of revenue, this region accounted for nearly one-third of global spectator sports revenues in 2018, and its dominance is anticipated to continue in the years to come.

This market is extremely competitive, and each year numerous new players enter the space. Among these new competitors are DAZN, FuboTV, and Sling TV.