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Women's Sports Viewership Surges 24% in 2024, Outpacing Men's Growth

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Women’s Sports on the Rise: A Triple‑Win for Investors, Brands, and the Planet

The last decade has witnessed an unprecedented surge in women’s sports. In 2025 Forbes’ latest feature, “Women’s Sports Growth Is a Win for Investors, Brands, and the Planet,” chronicles how that growth is reshaping the economics of athletics, accelerating brand innovation, and even driving progress on environmental sustainability. The article weaves together data, anecdotal evidence, and forward‑looking forecasts to build a compelling case for why this isn’t just a cultural shift—it’s a strategic one.


1. The Numbers that Matter

The piece opens with a stark statistic: women’s sports viewership grew by 24 % in 2024, outpacing the 16 % rise seen in men’s categories. The U.S. Women's National Soccer Team (USWNT) alone attracted 18 million unique viewers across broadcast and streaming platforms during their Olympic campaign—a 30 % jump from 2020. These figures are echoed by the WNBA, whose 2024 playoff season delivered a 17 % increase in U.S. household impressions, and the National Women’s Soccer League (NWSL), whose average attendance rose from 4,500 to 6,200 per game.

When the article turns to financials, it points out that women’s sports sponsorships topped $1.4 billion in 2023, a 12 % increase year‑over‑year. Brands such as Nike, Adidas, and Coca‑Cola have signed multi‑year deals with female teams and individual athletes that now command a larger share of the total sports sponsorship pie than many traditional men's leagues.

The Forbes piece cites a Bloomberg research report (linked within the article) that projects the global women’s sports market to reach $6.6 billion by 2027—an increase of 75 % from 2021. The report attributes this surge to three key drivers: expanding media rights deals, higher engagement on digital platforms, and the growing appetite of younger consumers for gender‑equality‑aligned content.


2. Investors Find a New Frontier

The article argues that the “women’s sports asset class” is rapidly maturing. The National Women’s Soccer League’s recent equity raise of $40 million (see the linked Forbes report on NWSL capital) is a case in point. Private‑equity firms and venture capitalists are now looking beyond traditional team ownership into tech‑enabled fan engagement platforms and merchandise e‑commerce ventures that serve the female fan base.

Moreover, the piece highlights the supply‑side innovation: clubs are adopting subscription‑based streaming models that provide a steady revenue stream, while also opening new avenues for data analytics. A highlighted partnership between the WNBA and DAZN offers a “watch‑later” model that has increased fan retention by 22 %. These developments, the article notes, are making women’s leagues attractive to investors looking for high‑growth, high‑margin opportunities.


3. Brands Re‑inventing Their Image

The article takes a deep dive into brand strategy, noting that companies now see women’s athletes not just as ambassadors but as “cultural icons” capable of driving product innovation. Nike’s “Future Starts Here” campaign—which featured the USWNT, the NWSL, and the WNBA—generated a 15 % lift in brand sentiment among Gen Z women. Adidas’s collaboration with the German Frauen-Bundesliga introduced a range of athleisure apparel that became the best‑selling line in the country’s retail stores.

The piece references a Forbes‑exclusive interview with a senior brand manager at Coca‑Cola, who says, “We’re not just selling a drink; we’re selling a movement that empowers women to push boundaries.” The brand’s sponsorship of the “Women’s World Cup” 2025 was a strategic decision aimed at tapping the 2.3 billion women worldwide who are engaged with the sport on social media, as quantified by a LinkedIn analytics study linked in the article.

Brands are also leveraging the “women’s sports” narrative to diversify their product lines, entering new categories such as sustainable sportswear, wellness tech, and nutrition supplements specifically tailored for female athletes. The article suggests that these efforts are likely to pay off: sales in female‑specific categories have outpaced male‑specific categories by 4 % annually over the past two years.


4. The Planetary Angle

Perhaps the most compelling argument in the Forbes piece is the environmental benefit that women’s sports bring. The article notes that women’s sporting events typically have a smaller carbon footprint than comparable men’s events. The reason? Women’s teams often travel less, use smaller venues, and have a lower merchandising volume per ticket sold—factors that cumulatively reduce emissions.

An example the article provides is the Wimbledon Women’s Finals 2023, where organizers offset 15 % of the event’s CO₂ emissions by partnering with a local tree‑planting initiative. This green effort was highlighted by The Guardian (link included in the Forbes article), which praised the initiative for creating 200 new jobs in reforestation and boosting local biodiversity.

The article also examines how female athletes themselves serve as climate advocates. Several USWNT players have partnered with the “Green Athletes” nonprofit, using their platform to educate fans on sustainable living. This cross‑pollination of sports and environmentalism, the piece argues, offers a powerful narrative for brands seeking to strengthen their corporate social responsibility (CSR) credentials.


5. Challenges and the Road Ahead

The article doesn’t shy away from the challenges. While viewership and sponsorship are growing, salary disparities remain a sore point. The average wage of an NWSL player is still 20 % below that of an equivalent male player in the MLS, according to the linked Women’s Sports Foundation report. Investors and brands are increasingly pressured to champion pay equity, lest they lose credibility with progressive audiences.

Another challenge highlighted is the need for consistent media rights deals. The WNBA’s latest contract with ESPN, worth $3 billion over 12 years, sets a new benchmark but also raises questions about long‑term revenue predictability for smaller leagues.

Despite these hurdles, the Forbes article concludes on an optimistic note: the momentum behind women’s sports is unlikely to wane. The convergence of economic opportunity, brand innovation, and environmental stewardship provides a unique triple‑win that could define the next decade of sports.


6. Key Takeaways for Stakeholders

StakeholderWhat the article says
InvestorsWomen’s sports are a high‑growth, low‑competition asset class with robust media and sponsorship streams.
BrandsSponsorships with women athletes boost brand equity, open new product categories, and resonate strongly with Gen Z.
EnvironmentalistsFemale sports events have lower emissions; athletes can serve as green ambassadors.
Policy MakersPay equity and media rights need to be addressed to sustain long‑term growth.

In sum, the Forbes feature underscores that the rise of women’s sports is more than a cultural milestone—it’s a strategic inflection point that offers tangible financial returns, marketing gains, and environmental benefits. For investors, brands, and even policymakers, the time to act is now. The next wave of growth in women’s athletics could well be the most sustainable, inclusive, and profitable the world has seen in the sports arena.


Read the Full Forbes Article at:
[ https://www.forbes.com/sites/clairepoolesp/2025/03/08/womens-sports-growth-is-a-win-for-investors-brands-and-the-planet/ ]