Today’s market size is the estimated total of revenue brought in by professional or semi-professional sports teams or clubs primarily engaged in participating in live sporting events—baseball, basketball, football, hockey, soccer, and jai alai games—before a paying audience. These establishments may or may not operate their own arena, stadium, or other facility for presenting these events. This is an industry that did not see a decline in revenues year-over-year during the recent recession, though its rate of growth did slow a bit.
Geographic reference: United States
Market size: $20.64 Billion
Source: “Table 9.1. Arts, Entertainment, and Recreation Services (NAICS 71) — Estimated Revenue for Employer Firms: 2001 Through 2009,” Service Annual Survey: 2010, the report on NAICS Sector 71 is available online here.
Original source: U.S. Census Bureau
Posted on October 7, 2011