With major sporting events including the Summer Olympics and Paralympics in Paris and the UEFA European Football Championship, 2024 is set to be a big year for sport. And with the rapid escalation of marketers’ interest in associating their brands with sport – thanks to sport’s near-universal appeal and ever increasing ways of participating in it – the same will be true for sports marketing.
1. The state of play in 2023
The global sports industry continues to grow from strength to strength. It was worth US$486.61 billion in revenue in 2022– a figure expected to have risen...