As per a recent report published by Allied Market Research, titled, “Sports Tourism Market by Product, Type, and Category: Global Opportunity Analysis and Industry Forecast, 2021–2030,” in 2020, the market size of global sports tourism was valued at $323,420.0 million. By 2030, it’s forecasted to reach $1,803,704.0 million, registering a CAGR of 16.1% from 2021 to 2030.

Sports tourism is kind of a travel where a tourist either watches or takes part in a sporting event while away from the surroundings where he/she usually roams around. To watch a sporting event or game, traversing from one region, country, or state to another is known as sports tourism. As this particular tourism genre has not always been popular, the number of people taking part in the sporting event has grown in numbers in a dramatic fashion in the last decade. Now, people are travelling long distances to take part in their favorite events, fueling this genre of tourism’s sudden rise in popularity. Three types of sports tourism are sports event tourism, celebrity and nostalgia sport tourism, and active sport tourism.

Sports tourism has benefited people of almost every age group, in spite of their socioeconomic status or background. Sports is a tourism industry investment that results in effective economic growth. It increases financial growth by providing sundry lodging opportunities like hotels, restaurants, and retail outlets. In the towns where these events are organized, efforts are being initiated improve the areas that may effectively contribute to facilitating visitor visits.