According to research from PricewaterhouseCoopers, revenue growth in the sports industry is expected to fall to 3.3 percent over the next three to five years compared to 8.0 percent per year over the past three to five years.
PwC believes Esports, soccer and basketball are the three sports with the most potential to grow revenues, while American football ranks 10th on their list. Baseball and hockey are not ranked. PWC views soccer and basketball as having high growth potential due to global interest.
While ticketing revenue is likely to stay relatively flat, revenue from betting and fantasy sports could see a 7.2 percent annual growth rate for the industry.
Eighty-six percent of industry leaders believes that live sports viewing will become significantly richer, immersive and interactive in the future.