The spectator sports revenue in Canada has shown variable growth trends over the past decade. Following a substantial increase from CAD 2.52 billion in 2013 to CAD 3.82 billion in 2019, the market faced a dramatic dip to CAD 2.62 billion in 2020 due to the pandemic. By 2023, revenues rebounded to CAD 4.08 billion. Year-on-year growth in 2023 was recorded at 10.67%, with a five-year CAGR of 3.09%. Looking ahead, the forecast indicates a steady increase in revenues, with a projected value of CAD 4.79 billion by 2028 and a forecasted five-year CAGR of 2.54%, implying moderate but consistent market growth.

Future trends to watch for include:

The impacts of technological advancements on viewer engagement and revenue streams.
Potential economic factors influencing consumer spending on spectator sports.
Long-term effects of the post-pandemic recovery on attendance and viewership patterns.