North America Sports Facilities Market Size, Share, By Sports Type (Indoor, Outdoor, and Multi-Sport), By Capacity (Small-Scale, Medium-Scale, and Large-Scale), By Management (Public Sports Facilities, Private Sports Facilities, and Hybrid Models), By End-Users (Sports Organization, Educational Institutes, Government, and Rehabilitation Centers) and By North America - Trends, Analysis and Forecast till 2034

Report Code: PMI526224 | Publish Date: June 2024 | No. of Pages: 136

North America Sports Facilities Market Overview

North America Sports Facilities Market Size was valued at 44 billion in 2024 and is projected to grow at a CAGR of 23.9% to reach US$ 319.3 billion by 2034.

The North American sports facility market is a vibrant and dynamic sector, reflecting the region's deep-rooted passion for sports and recreation. From sprawling stadiums hosting professional leagues to community-based recreational centers, sports facilities play a pivotal role in shaping North American communities' physical landscape and social fabric.

In recent years, the North America sports facility market has witnessed notable evolution and expansion driven by many factors. These include the increasing demand for state-of-the-art venues that offer immersive and engaging fan experiences, the rising trend of multi-purpose facilities that cater to diverse sporting and entertainment needs, and the growing emphasis on sustainability and eco-friendly practices in facility design and operations.

Moreover, the emergence of innovative technologies, such as augmented reality, data analytics, and interactive fan engagement platforms, has revolutionized the way sports facilities are designed, managed, and experienced. These technologies enhance the spectator experience and optimize operational efficiency and revenue generation for facility owners and operators.

North America Sports Facilities Market Dynamics

North America Sports Facilities Market Drivers:

Increasing Government Investment in the North America Sports Facility Market

The North America sports facility market is experiencing significant growth, propelled by increasing government investments in sports infrastructure. Several key driving factors contribute to this trend. Firstly, governments recognize the importance of sports in promoting public health, community engagement, and economic development. As a result, there is a growing emphasis on investing in modern and accessible sports facilities that cater to diverse sporting needs and interests.

Moreover, government investments in sports facilities often catalyze urban revitalization and regeneration initiatives. By upgrading existing facilities or building new ones, governments can attract sporting events, tournaments, and competitions, stimulating local economies, generating tourism revenue, and creating job opportunities.

Furthermore, investments in sports facilities align with broader social and policy objectives, such as promoting inclusivity, diversity, and youth development. Modern sports facilities can provide accessible and safe spaces for people of all ages, backgrounds, and abilities to engage in physical activity, recreation, and social interaction.

Globalizing Sports, Localizing Infrastructure

The globalization of local sports and the increase in sports leagues are significant driving factors behind the growth of the sports facility market. Several key factors contribute to this trend. Firstly, the globalization of sports has led to a surge in international competitions, tournaments, and events, driving the demand for world-class sports facilities capable of hosting such prestigious gatherings. As sports leagues expand their reach beyond traditional borders, there is a growing need for modern, state-of-the-art facilities that can accommodate diverse sporting disciplines and attract a global audience.

Moreover, the rise of professional sports leagues and the proliferation of amateur and recreational sports organizations have created a robust demand for sports facilities at all levels. From local community centers to elite training facilities, there is a growing need for venues supporting the development, training, and competition needs of athletes across various sports and skill levels.

Additionally, sports' increasing popularity and commercialization have fueled investments in sports infrastructure by private investors, developers, and sponsors. These stakeholders recognize the potential of sports facilities as lucrative assets that can generate revenue through ticket sales, sponsorship deals, advertising opportunities, and merchandise sales. As a result, there is a growing trend towards constructing multi-purpose sports complexes and entertainment districts that integrate sports facilities with retail, dining, and entertainment offerings, creating vibrant hubs of activity and commerce.

North America Sports Facilities Market Restrains:

Financial Hurdles

High initial investment costs pose a significant challenge for the North America sports facility market. Construction and renovation expenses, including land acquisition, design, and infrastructure development, can be prohibitive for governments, private investors, and sports organizations. Concerns about return on investment (ROI) and profitability and challenges in securing financing and funding further hinder project development. Economic cycles and market dynamics add to the uncertainty, impacting investor confidence and project feasibility. Limited stakeholder participation due to high costs constrains the market's growth potential. Addressing these challenges requires innovative financing mechanisms, public-private partnerships, and risk mitigation strategies to enhance the financial sustainability of sports facility projects.

North America Sports Facilities Market Segmentation

North America Sports Facilities Market is segmented based on Sports Type, Capacity, Management, End User and North America Region.

Report Scope:

Attribute

Details

Market Size 2024

US$ 44 billion

Projected Market Size 2034

US$ 319.3 billion

CAGR Growth Rate

23.9%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Sports Type - Indoor, Outdoor, and Multi-Sport

By Capacity - Small-Scale, Medium-Scale, and Large-Scale

By Management - Public Sports Facilities, Private Sports Facilities, and Hybrid Models

By End User - Sports Organization, Educational Institutes, Government, and Rehabilitation Centers

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at regional and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2023 to 2034. For the purpose of this study segmented the Sports Facilities Market report based on Sports Type, Capacity, Management, End User and Country:

North America Sports Facilities Market, By Sports Type:

  • Indoor
  • Outdoor
  • Multi-Sport   

North America Sports Facilities Market, By Capacity:

  • Small-Scale
  • Medium-Scale
  • Large-Scale   

North America Sports Facilities Market, By Management:

  • Public Sports Facilities
  • Private Sports Facilities
  • Hybrid Models

North America Sports Facilities Market, By North America:

  • U.S.
  • Canada

North America Sports Facilities Market Key Players

The key players operating the North America Sports Facilities Market includes Populous, AECOM, HOK, Skanska AB, Turner Construction Company, Balfour Beatty Plc., JACOBS ENGINEERING GROUP, Sodexo, and ESSMA, LLC, SportsArt.

North America Sports Facilities Market Company Profile

  • Populous, Inc. *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • AECOM
  • HOK
  • Skanska AB
  • Turner Construction Company
  • Balfour Beatty Plc.
  • JACOBS ENGINEERING GROUP
  • Sodexo
  • ESSMA, LLC
  • SportsArt

"*" marked represents similar segmentation in other categories in the respective section.

North America Sports Facilities Market Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Preview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Sports Type
      • Market Snippet, By Capacity
      • Market Snippet, By Management
      • Market Snippet, By End User
      • Market Snippet, By Country
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Market Trends
    • Product Launch
    • Merger and Acquisitions
    • Impact Analysis
    • PEST Analysis
    • Porter’s Analysis
  4. Market Segmentation, By Sports Type, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Indoor
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Outdoor
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Multi-Sport
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  5. Market Segmentation, By Capacity, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Small-Scale
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Medium-Scale
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Large-Scale
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  6. Market Segmentation, Management, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Public Sports Facilities
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Private Sports Facilities
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Hybrid Models
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  7. Market Segmentation, End User, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Sports Organization
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Educational Institutes
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Government
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Rehabilitation Centers
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  8. Market Segmentation, By Country, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Sports Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Capacity, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Management, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End User, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • U.S.
        • Canada
  9. Competitive Landscape
  • Heat Map Analysis
  • Company Profiles
    • Populous.
    • AECOM
    • HOK
    • Skanska AB
    • Turner Construction Company
    • Balfour Beatty Plc.
    • Jacobs Engineering Group
    • Sodexo
    • ESSMA, LLC
    • SportsArt
  • Analyst Views
  • Research Methodology
  • About Us
  • Contact

FAQs

North America Sports Facilities Market is segmented into Sports Type, Capacity, Management, End User and North America Region.

Increased in Government Investment in Sports.

The North America Sports Facilities Market is segmented by country into the U.S. and Canada. The U.S. is expected to dominate the Market due to increased Investment.

The key players operating the North America Sports Facilities Market includes Populous, AECOM, HOK, Skanska AB, Turner Construction Company, Balfour Beatty Plc., JACOBS ENGINEERING GROUP, Sodexo, and ESSMA, LLC, SportsArt