Sports sponsorship market to post 6.7% CAGR through 2027, new study suggests

The global demand for sports sponsorships is expected to reach $89.60 billion a year by 2027, which would represent a compound annual growth rate (CAGR) of 6.7 percent from $57.00 billion in 2020, according to a new report by Brandessence Market Research and Consulting.

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