4GLOBAL PLC
("4GLOBAL" or "the Group")
New Market
Entry
4GLOBAL, a provider of data and
technology for sports, fitness and wellness organisations to
optimise operational and investment decisions, is pleased to
announce the launch of 4GSportsPulse, a new offering targeting
sports and sports-related brands.
Overview
4GSportsPulse combines advanced data
analytics with strategic consulting to empower sports brands not
only to understand where and how people engage in sports but also
how to act on these insights. 4GSportsPulse helps brands uncover
growth opportunities, optimise targeted campaigns and drive sales
while increasing sports participation - ultimately contributing to
a healthier society.
The breadth and depth of 4GLOBAL's
4+ billion data point sports participation database combined with
the Group's proven ability to leverage it effectively provide
4GSportsPulse with a significant competitive advantage.
One example of the many potential
use cases for 4GSportsPulse is a sports brand planning new retail
store openings. By incorporating 4GLOBAL's participation and
movement insights, the brand is able to gain a far more detailed
understanding of local demographics, their activity preferences,
and behaviours compared to traditional footfall data. This enables
more strategic decisions on store placement and marketing, serving
local communities better and driving improved commercial
outcomes.
4GSportsPulse will be led by
Alasdair Lloyd-Jones as Senior Vice President of the division,
reporting into the Group CEO. Alasdair, who joined 4GLOBAL in the
second half of calendar year 2024, brings over three decades of
experience across brands and data-driven marketing. He has deep
expertise in turning insights into impactful strategies and has
worked with brands including Nike, Adidas, Unilever, Mars and
Diageo.
4GLOBAL has strong existing
relationships with blue-chip international brands through its
presence in the sports, fitness and wellness ecosystem. The first
4GSportsPulse customer, the European Volleyball Confederation
(Confédération Européenne de Volleyball), has already been secured
and the Group remains in commercial discussions with several
more.
Strategic Rationale
Already trusted by governments,
cities, sporting bodies, trade associations, health & fitness
operators and sports clubs, 4GLOBAL's expansion into brands is a
natural progression.
Under Alasdair's leadership, the
launch of 4GSportsPulse also brings the potential for 4GLOBAL to
expand its role in its existing customers' data journeys, going
beyond providing actionable insights to actively helping
organisations with implementation - identifying adjacent
opportunities, developing strategies and supporting
delivery.
In summary, 4GSportsPulse not only
unlocks a new vertical with significant commercial potential, but
it also creates new opportunities to deepen relationships with
existing customers and increase lifetime values across all target
segments.
Market Opportunity and Next Steps
Spherical Insights reports the
global sporting goods market size was valued at $534 billion in
2023 and is expected to grow at a CAGR of 3.97% to $788 billion in
2033. Concurrently, the global sports sponsorship market was
estimated by Statista to be worth $97.35 billion in 2023 and is
projected to grow at a CAGR of 8.68% until 2030, reaching a value
of almost $190 billion. The global sports analytics market,
meanwhile, was estimated by Grand View Research to be worth $3.52
billion in 2023 and is forecast to grow at a CAGR of 21.5% to
$14.41 billion in 2030.
4GSportsPulse sits at the
intersection of these large and rapidly expanding industries, with
demand from brands for the offering expected to be driven
by:
·
Significant increases in digital marketing spend
and a greater emphasis on data-driven decision-making
·
Growing adoption of AI and machine learning
technologies
·
Requirement for ROI tracking and audience insights
to support major sponsorship deals
While 4GSportsPulse is globally
relevant, the initial focus will be on building traction in North
America as the most mature market with the largest near-term
potential. This aligns with 4GLOBAL's strategic shift towards
focusing its new business efforts on the region where, as
previously reported, the Group has already seen early
success.
Financial Model
4GSportsPulse is designed to
generate a mix of project-based (Insight.Labs) and recurring
revenue (Insight.Solutions & Insight.Platform), complementing
4GLOBAL's broader strategic shift towards a more predictable sales
model. While the initial focus will be on bespoke engagements with
brands, over time, the Group intends to integrate
subscription-based functionality, such as access to dashboards and
analytics.
Current market forecasts do not
factor in revenues from 4GSportsPulse. While revenues are expected
to be modest in year one, they are expected to become a meaningful
contributor to overall revenue within three years.
Eloy Mazon, CEO of 4GLOBAL, said:
"To date, we have largely focused on leveraging our data to
help organisations create and optimise sports and fitness spaces.
With 4GSportsPulse, we are extending our focus to the equipment,
apparel, and other essentials that enable participation, helping
brands better understand, target and capitalise on market
opportunities.
"With the vast range of applications for our data and
insights, expanding our addressable market and diversifying our
customer base in this way makes good strategic sense. It
complements our existing business, not only by introducing an
exciting new revenue stream and elevating our profile but also by
enabling us to deliver even greater value to our existing customers
through partnering with them to execute the actionable insights we
provide.
"We continue to build strong momentum in North America, and
the launch of 4GSportsPulse marks a significant step forward in
expanding our footprint and presence in the region. The
opportunities for 4GLOBAL in this market were already considerable,
but with 4GSportsPulse now part of our offering, they have become
even greater."
Contacts
4GLOBAL
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via Alma
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Eloy Mazon (CEO)
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Stuart Wooller (Group Finance
Director)
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Spark Advisory Partners (Nominated
Adviser)
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+44 (0)20 3368 3554
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Neil Baldwin
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Canaccord Genuity (Broker)
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+44 (0)20 7523 8000
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Bobbie Hilliam
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Alma Strategic Communications
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+44 (0)20 3405 0205
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Rebecca
Sanders-Hewett
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4global@almastrategic.com
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David Ison
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Louisa El-Ahwal
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Josh Royston
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Will Ellis Hancock
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About 4GLOBAL
4GLOBAL empowers sports, fitness and
wellness organisations to make faster, smarter decisions about
their operations, customers and investments through data and
actionable insights.
It operates the largest sport
participation and facility database in the world, with more than 4
billion data points.
Sourcing data from health &
fitness operators, community programmes and other structured
activities through its DataHub while drawing on information from
GPS location updates and wearable devices, 4GLOBAL's unique
combination of data assets provides a holistic view of physical
activity patterns.
4GLOBAL is at the forefront of
predictive modelling and advanced analytics, with the insights it
generates empowering customers to drive efficiencies, improve
customer relationships and make more informed strategic
decisions.
Its customers span both the public
and private sectors, including central and local governments,
cities, sporting bodies, trade associations, health & fitness
operators and sports clubs.
Key markets include North America,
the Middle East and Europe. Its headquarters are in London with
offices in Miami and Istanbul.
4GLOBAL was founded in 2002 and
listed on AIM in 2021 under the ticker 4GBL.