Sports tourism is forecast to account for 60 per cent of total sports economy revenue growth until 2030.
A new report from the World Economic Forum (WEF) has highlighted sports tourism as driving rapid growth of the sports economy.
The global sporting ecosystem currently generates around $3.3 trillion in annual revenues and it accounts for close to two per cent of global GDP. Projections show the sector could nearly quadruple by 2050, reaching up to $12.7 trillion annually.