Purpose of this research were to identify current sports industry in Korea, US and Japan and present possibility of sports industry in 21C. To reach the purpose, this research analysis current sports related index of Korea, USA, and Japan. Development...
Purpose of this research were to identify current sports industry in Korea, US and Japan and present possibility of sports industry in 21C. To reach the purpose, this research analysis current sports related index of Korea, USA, and Japan. Development of science has provided prosperous to mankind and provide increase of income and spare time to human-being, Many people spend their spare time for sports relate activities and the number is growing day by day. This situation make sports as very attractive and important business sector in the world.
Over 60% of people in western societies and about 45% of korea people are participating in sports related activities. This trend induces consuming of sports related commodities and services and provides employment opportunities and result in growth of sports industry.
Considering increase of income and leisure time and 5 works day trend, Sports favor environment will be long and sports demand also increase in 21C. This research pointed out scale of sports industry could be estimated $10 billion in Korea, $150billion in USA, ?4.3 thousand billion in Japan. General trend related in sports industry presented that scale is growing and relative importance of sports industry among the whole industry scale is becoming importance in the world. Like other industry, sport industry also requires over-all support from sports, government. academic world to improve the industry's efficiency