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Deloitte report predicts ongoing growth of women’s sport and its sponsorships
Women’s sport sponsorship in Australia will grow to 20% of total sponsorship value by 2025 according to Deloitte Australia’s latest Technology, Media & Telecommunications (TMT) Predictions report.
The newly released report into changes in the technology, media and telecommunications landscape highlights how Australian women’s sport is on track for rising monetisation, driven by predicted growth in broadcast hours with women’s sport to account for up to 25% of total broadcast sporting hours by 2025 - accounting for the vast majority of growth in total sports consumption and in new consumers of sport.
In tandem with this, the global consultancy estimates that women’s sport sponsorship - estimated to currently generate 8% of the total sponsorship value in Australia, will account for up to 20% of total sponsorship value by 2025.
Deloitte contrast this figure as a marked contrast to the UK, where it is estimated that only 1% of corporate investment in sport through sponsorship is directed towards women’s sport.
Highlighting the progress Australia has made in developing attractive commercial offerings to brands, Deloitte suggests that as broadcast hours grown so will income, with Peter Corbett, Deloitte TMT Industry Leader for Consulting, saying the increase in audiences and broadcast reach coupled with the unique brand proposition, improved packaging and negotiation of sponsorship agreements will likely attract new and larger sponsors to women’s sport.
Corbett advises “the rapid increase in accessibility, broadcast hours and audience reach for women’s sport has not only grown the total sports content landscape but is bringing new consumers into the sporting fold - particularly women.
“This provides a valuable opportunity for brands to use sport as a meaningful way to engage with these segments through sport, particularly through the growing profile of female athletes as they increasingly become instantly recognisable, inspirational idols to Australians.”
The Predictions report, goes on to explain how the popularity of women’s sport has grown in recent years as both governments and private organisations have invested heavily in increasing the participation rates and the profile of women’s sporting content to a mass audience.
It suggests that “these foundations are beginning to pay dividends and women’s sporting teams, leagues and events are becoming attractive commercial properties as they professionalise further and generate substantial revenue through media rights, sponsorship and gameday ticketing.
“Australia is leading the way in this transition, outperforming global markets in its share of broadcast hours and sponsorship spend, alongside a number of successful professional league developments including the AFL Women’s (AFLW), Women’s Big Bash League and Netball’s Super League.”
In a chapter looking at how Australia is leading the field in women's sport, the unique brand positioning that comes with it, recent deals and why women’s sport is a sponsors’ paradise, Deloitte suggest that as current rights deals expire over the next four years, it expects to see up to three new major sports sign their first ever standalone deals in Australia with the aim of capitalising on current audience growth.
Click here to read the Deloitte Technology, Media & Telecommunications (TMT) Predictions report.
Image: Action from the 2019 Super Netball competition.
16th March 2021 - Business of Sport Summit returns live on 15th and 16th June
16th March 2021 - Global consultants Deloitte share media and technology predictions
1st March 2021 - AFL Tasmania announces new model for women’s competition
18th February 2021 - Netball Tasmania announces push for Super Netball license
12th February 2021 - AFLW reaches membership record in fifth season
28th January 2021 - Ticket Sale Success and ‘This Is Us’ Campaign marks AFLW 2021 Season launch
27th January 2021 - Work commences on new elite women’s facilities at Melbourne’s Ikon Park
16th January 2021 - Landor Australia undertakes rebranding of Women’s Tennis Association
9th November 2020 - Australia’s major sports renew commitment to prevent violence against women
23rd October 2020 - ICC Women’s T20 World Cup 2020 secures top event awards
21st October 2020 - Super Netball reports viewing increase
15th September 2020 - Brisbane to host fans’ return to international cricket with women’s series
26th June 2020 - FIFA awards 2023 Women’s World Cup to Australia and New Zealand
17th September 2019 - Suncorp Super Netball season sees sport reach largest ever audiences
1st April 2019 - Grand Final sees AFLW smash domestic attendance record
14th November 2018 - Victoria University to benefit from million-dollar investment in women’s sport
18th October 2018 - Women Sport Australia announce ‘world beating’ sportswomen
17th February 2017 - Super Netball ready to build on growing interest in women’s sporting competitions
12th April 2015 - ABC highlights decline in media coverage of women’s sport
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