NEW YORK, Jan. 10, 2017 /PRNewswire/ -- Deloitte's sports professionals predict that innovation and disruption will dominate 2017, whether it is nontraditional media pursuing sports rights or teams optimizing fan experience beyond the stadium. Deloitte's most recent report, "Deloitte's sports industry starting lineup: Trends expected to disrupt and dominate 2017" examines the issues and opportunities likely to be top of mind for sports executives this year, both on and off the field.
"2016 saw great triumphs, including tremendous growth in wearables and e-sports," said Pete Giorgio, principal, Deloitte Consulting LLP and sports consulting leader. "With last year's trends in the rearview mirror, we began looking ahead at how data, analytics and innovation are evolving the traditional business of sports landscape."
Deloitte's annual report identifies eight trends that are likely to affect the sports industry in the next year. Sample trends include:
- The evolution of sports media: The number nontraditional media companies aggressively pursuing sports rights is expected to grow exponentially. As consumers shift to new media types, ownership of – or distribution rights to – unique content will likely be a key differentiator between companies as they seek growth opportunities.
- Cyber risk in the sports industry: The sports industry's increasing adoption of digital technology, analytics, and an online presence has exposed a new class of assets and vulnerabilities that extend well beyond the physical realm into cyberspace. Sports organizations can benefit from shifting the organizational paradigm to being secure and mastering fundamental information security practices.
- Social activism in sports: Players increasingly are using TV air time, their uniforms and postgame press conferences as a way to draw attention to the issues or injustices that feel most critical to them, while teams and leagues stand by with varied levels of support. The rise of these politically and socially-minded activities may be a factor that impacts fan perceptions and shifts in viewership of live sporting events.
Other trends include: data and analytics, innovating game day, augmented and virtual reality, diversifying the sports enterprise, and protecting the brand from corruption. Full details about Deloitte's sports industry starting lineup are available here: http://www2.deloitte.com/us/en/pages/consumer-business/articles/sports-business-trends-disruption.html?id=us:2el:3pr:sports2017:awa:thl:011017.
About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world's most admired brands, including 80 percent of the Fortune 500. Our people work across more than 20 industry sectors to deliver measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to make their most challenging business decisions with confidence, and help lead the way toward a stronger economy and a healthy society.
As used in this document, "Deloitte" means Deloitte Consulting LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
SOURCE Deloitte
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article