The spectator sports gross output in the US began with an actual value of $55.43 billion in 2023. The forecast shows a steady growth from 2024 to 2028, with the gross output expected to reach $61.33 billion, indicating a compound annual growth rate (CAGR) of approximately 2.1%. Year-on-year, the industry is expected to expand by about 2.1% to 2.3% annually during this period.

Future trends to watch for:

Increasing investment in digital broadcasting and streaming services.
Rising popularity of eSports as a part of the spectator sports sector.
Potential impacts of economic fluctuations on discretionary spending and live event attendance.