According to a new report, published by KBV research, The Global Sports Streaming Platform Market size is expected to reach $72.29 billion by 2031, rising at a market growth of 12.2% CAGR during the forecast period.
Younger audiences are also drawn to social media engagement and second-screen experiences, where they interact with live content across platforms like TikTok, Instagram, and Snapchat. For example, ESPN’s TikTok account has over 40 million followers, showcasing the demand for short-form, shareable sports content.
The Smartphones & Tablets segment led the maximum revenue in the Global Sports Streaming Platform Market by Device Type in 2023, thereby, achieving a market value of $34.60 billion by 2031. The widespread availability and affordability of smartphones, even in emerging economies, have brought sports streaming into the hands of millions. With the advent of high-speed mobile internet technologies like 4G and 5G, users can now stream live sports content without interruptions, regardless of location.
The Football/Soccer segment is growing at a CAGR of 10.9 % during the forecast period. Football, or soccer, dominates the market due to its unparalleled global popularity, with passionate fan bases spanning across Europe, South America, Africa, and Asia. World-renowned leagues and tournaments—such as the English Premier League, UEFA Champions League, La Liga, and FIFA World Cup—ensure a consistent stream of high-demand content.
Full Report: https://www.kbvresearch.com/sports-streaming-platform-market/
The North America region dominated the Global Sports Streaming Platform Market by Region in 2023, thereby, achieving a market value of $23.21 billion by 2031. The Europe region is anticipated to grow a CAGR of 11.9% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 12.7% during (2024 - 2031).
By Device Type
By Sport Type
By Geography
Unique Offerings 
