WinterGreen Research announces that it has published a new study Youth League Sports Software: Market Shares, Strategy, and Forecasts, Worldwide, 2017 to 2023. The 2016 study has 633 pages, 288 tables and figures. Worldwide youth sports markets are poised to achieve significant growth as travel teams become more popular and families learn to enjoy time together during a weekend sporting event. Enormous market efficiency is being achieved as youth and recreational teams move to automated process. Apps can be used to book hotels and make travel arrangements.
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A $15.5 billion market in the US, the youth sports market rivals the size of the $14 billion NFL. Youth sports markets are comprised of segments that represent revenue generation from travel, equipment, team membership, facility construction, software, and venue rental. Leagues who purchase and distribute sports software to teams or clubs have created a large market from what were previously disparate parts of what was not ever not even a market, just people buying clothes and equipment, and loosely organized groups of youth playing games on community fields.
As a result of this coalescence of the varying market segments brought about by youth sports software, the youth sports market has become well defined. Apps are used for communication. The primary purpose of youth and adult sports team sports is to deliver fun for the youth. Other agendas get mixed in, like building a strong and healthy body, developing a well-rounded and pleasant personality, developing team skills, and preparing a child to be a professional athlete. Youth sports depend on communication, tournament play, and video coaching that are needed to run a team effectively. Transaction management, registration, and fee collection are key aspects of some of the software.
Youth sports facilities can become part of a community development program. Every team, every sport has appeal and as there is more leisure, as the economy spins out more and more wealth at the top of the economic scale, there will be more spending on sports. Professional sports, betting, fantasy teams, semiprofessional teams, and teams just for fun will continue to look for venues and players.
Youth sports are sure to benefit from this trend. The brightest and the best will want to get top notch sports training for their children, and the entire middle class will follow as best they can. Sports are fun, the professional teams have begun to recognize that they need to invest in team development programs targeting children starting at age 3. This is when you can get the attention of the child and build skills incrementally that are providing a steady stream of youth available later for the professional teams.
Professional teams have noticed that the most ardent fans are those who played a sport as a youth. All the professional leagues have to invest in youth sports because otherwise they do not have players now and fans later.
Foundations and corporate arms of all large companies want to invest in supporting youth of the country and what better way than through sports. They can tie educational advancement of the sport interest.
Communities have to invest in youth sports providing activities that are supervised and better for all the residents, sports and teams have greater society benefits than the enjoyment of team play. Communities have found that it is cheaper to invest in planned sporting activities and keep children involved than to deal with the problems caused by kids that grow up without supervision, getting in trouble all the time.
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The police departments have become interested in connecting with youth in a positive manner, spending money and time to get to know kids and provide guidance when needed. They are active in getting communities to fund development of facilities. It will be a problem to pay for all the facilities that communities want to build, so it will be interesting to see if communities find ways to contribute to the capital investment needed.
Private investment that sees benefit youth sporting programs is building in quantity. Foundations generally see the benefit of children being given sport opportunities.
The schools have by and large defunded gym programs for children creating a healthcare crisis of major proportion in the US and other parts of the world with childhood obesity and asthma creating lifelong chronic disease problems. The good news is that youth sports programs are becoming more available in more affluent parts of the world, poised to deliver healthy activity and build life long habits of movement and athletic skills development.
The market opportunity for youth team sports depends on a strong alliance between the schools and modern recreational facilities that meld education, drama, music and sports in a manner that supports learning and athletic development as one melded event.
1. Youth Team, League, and Tournament Sports: Market Description and Market Dynamics 56
1.1 Sport Participation Develops Core Values 56
1.1.1 Professional Sports Embrace Youth Development Programs 57
1.1.2 Jr.NBA.com Emphasizes Fundamentals for Youth 58
1.2 Clothing and Apparel a Core Aspect of Youth Sports Market 59
1.2.1 Little League Chose Dick’s Team Sports HQ As Its Tech Provider 60
1.3 Hotels Leverage Vendor Positioning in Youth Sports Markets 61
1.4 Youth Sports League Software Is Highly Specialized 62
1.5 Barriers to Youth Sports Participation 63
1.5.1 Barriers To Youth Sports Participation 64
1.5.2 Aim To Ensure That All Kids Have The Chance To Grow Up Fit And
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2. Youth Team, League, and Tournament Sports Market Shares and Forecasts 83
2.1 Youth Team, League, and Tournament Sports Market Driving Forces 83
2.1.1 Six in 10 Children Ages 6-12 Regularly Participate In Team Sports in the
2.1.2 Youth League Sports Market Dynamics 92
2.1.3 Backyard Sports 93
2.1.4 Movement Toward Travel Teams 94
2.1.5 Linking To Team Sponsors 96
2.1.6 Youth League Sports Market Growth Development Programs 97
2.1.7 Youth League Sports Software Functions 99
2.1.8 Protecting the Money Collected for a Youth Sports League 100
2.1.1 Team Sports Financial Reporting 101
2.1.2 Youth Team Sports Acquisitions 103
2.1.3 Youth League Sports Apps Model Market Factors 104
2.1.4 Youth League Sports Software Revenue Model Market Factors 104
2.1.5 Applications 107
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