The ancient Olympic games that originated in Greece were responsible for creating truce between warring factions, cities, tribes or nations who were ready to disclose their crimes against each other and publicly affirm their complacency and agree to sheath their swords and an opportunity to denounce their warring feuds in a peaceful way in stead of bearing arms.
The Olympic games have contributed to peace between warring factions and has created revenues and opportunities for participating countries.
The summer Olympics is an event that unites nations of the world and athletes in a bid to embrace This years Olympics which is scheduled to hold in Tokyo the capital of Japan will be second time Tokyo will be hosting the Summer Olympic Games, the first being in 1964, making it the first city in Asia to host the Summer Olympics twice. Overall, these will be the fourth Olympic Games to be held in Japan, which also hosted the Winter Olympics in 1972 (Sapporo) and 1998 (Nagano).
The 2020 games promises to be fun , thrilling and a great event which will be beamed live to millions of sport s lovers all around the world. It will also witness the introduction of new competitions including 3x3 basketball, freestyle BMX, and madison cycling, as well as further mixed events.
The question on everyone's lips is whether the 2021 Tokyo Olympics games would go ahead? The International Olympic Committee remains committed to the tournament going ahead as planned without being delayed another year, although officials of the games have admitted that the event will largely be played behind closed doors to ensure fans' safety.
We are looking forward to Japans innovation in their health care system which is recognized as one of the best healthcare systems in the world. The sporting heath care system is a multi trillion dollar industry and this may be a great opportunity for Japan to demonstrate it's capacity to manage fans and spectators and guarantee their health care.
Revenues accrued to the Olympics comes in the form ticketing, tourism, taxes, and also broadcast rights ,the influx of tourists is nonetheless expected to create massive revenue fro the participating city and country, the question on everyone's lips is how will the massive revenues generated in past games be replicated if there are going to be safety procedures and if it is going to be a closed door event without spectators.
Is there a way the country of japan can demonstrate a health drill to guarantee the safety of spectators, as scientists and health officials globally are still studying the corona virus pandemic and also the effectiveness of vaccines and alternative medical solutions.
We need to have public demonstrated health solutions associated with ticketing and sitting of spectator events that accommodate over 10,000 spectators, this may be an opportunity for the country of japan to demonstrate its health technology sophistication.
Global health care expenditure stands at about 5-20 trillion dollars annually and also the global sports market is estimated at over 500 billion dollars annually. Can the country of japan demonstrate and come up with a great revenue model for the summer olympic games and can it be the post covid significant event.
The Global Digital TV Market size is estimated to reach USD 218.9 Billion in the next coming years and japan leads the way as well as other Asian countries in television and display technology, is there a way they can combine the digital tv industry the food industry, the sports industry and the health industry to successfully host the games and create a wonderful experience.
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