Deloitte’s sports industry starting line-up
Trends expected to disrupt and dominate in 2017
The sports media landscape is evolving rapidly, mainly in terms of who creates content and who has the right to distribute it. This report looks at media trends that will impact the industry in 2017.
Deloitte’s sports practice began looking ahead to the issues and opportunities likely to be top of mind for sports executives this year.
One trend in particular we expect to see grow in 2017 is the number of nontraditional media companies aggressively pursuing sports rights. Unique content will likely be a key differentiator between companies as they seek growth opportunities.
Teams also continue to search for ways to optimize fan experience beyond the stadium walls. Teams for years have been looking for ways to “innovate,” yet often have had a hard time defining what innovation means to them. One trend that cannot be ignored is technology and how teams engange with their fans. Creating an experience for the fans whether they are at the stadium or watching form the comfort of their own homes. Teams and leagues have generally sought to increase the overall technical know-how of their organisation so that all areas of the business are more conversant in the power of data.
Key takeouts from this report
The evolution of sports media
Data and analytics
Augmented reality and virtual reality
Cyber risk in the sports industry
Diversifying the sports enterprise
Social activism in sports: The next generation
What our experts say
“Virtual reality gets more of the attention, but augmented reality often has more practical applications for fans. Keep an eye on this technology in 2017.”
– Mike Aronesty, US sports leader, Deloitte & Touche LLP
How can Deloitte help
We believe these are the topics that are going to impact the business of sports, both on and off the field over the next 12 months. New stories, trends and themes will emerge that further disrupt the industry, derail the game plan for executives, and delight us as sports fans. Please tweet #DeloitteSports to share the sports trends or opportunities that are on your mind in 2017. Africa Travel, Hospitality and Services assists executives in protecting their businesses against cyber risk, devloping digital strategies that are innovative and effective as well as expert advise on how to strategically postion in order to succeed.