Occasion tickets market measurement to develop by USD 14.98 billion from 2020 to 2025: A descriptive evaluation of buyer panorama, vendor evaluation, and market dynamics

Event tickets market size to grow by USD 14.98 billion from 2020 to 2025: A descriptive analysis of customer landscape, vendor assessment, and market dynamics

NEW YORK, Jan. 16, 2023 /PRNewswire/ — The world occasion tickets market measurement is estimated to extend by USD 14.98 billion from 2020 to 2025. The market’s development momentum will speed up at a CAGR of 6% through the forecast interval – Request a pattern report

Technavio has introduced its newest market analysis report titled International Occasion Tickets Market

International occasion tickets market – Vendor evaluation
Vendor choices –

  • Ace Ticket Worldwide Inc. – The corporate presents tickets for Nationwide Hockey League video games, Nationwide Basket Ball Affiliation video games and different occasions.

  • AXS Group LLC –  The corporate presents tickets for sporting occasions like boxing matches, musical occasions and household exhibits particularly lectures and seminars.

  • Bigtree Leisure Pvt Ltd –  The corporate presents tickets for up to date films like Godzilla vs Kong in varied theatres, sporting occasions like Name of Obligation Cell Match and different events.

  • Coast To Coast Tickets LLC –  The corporate presents tickets for sporting occasions like Australian Open Tennis, live shows of famend artists like Justin Bieber and different occasions.

  • For particulars on distributors and their choices – Purchase the report!

Vendor panorama –

The worldwide occasion tickets market is fragmented, with the presence of a number of world in addition to regional distributors. A couple of distinguished distributors that supply occasion tickets available in the market are Ace Ticket Worldwide Inc., AMC Leisure Holdings Inc, AXS Group LLC, Bigtree Leisure Pvt Ltd, Cinemark Holdings Inc, Coast To Coast Tickets LLC, CTS Eventim AG & Co. KGaA, eBay Inc., Stay Nation Leisure Inc., and TickPick LLC and others.

The worldwide occasion tickets market is at its rising stage. Gamers within the world occasion tickets market give attention to adopting varied applied sciences of their operations and companies to retain their market shares. Nonetheless, giant distributors are coming into into mergers and acquisitions (M&A) of smaller or similar-sized gamers to increase their choices. The market calls for improvements and higher companies; therefore, the specter of new entrants exists available in the market. The worldwide ticket market is witnessing intense competitors amongst quite a few small and huge distributors that supply ticketing companies.

International occasion tickets market – Buyer panorama
To assist firms consider and develop development methods, the report outlines –

International occasion tickets market – Segmentation evaluation

Section overview
Technavio has segmented the market primarily based on supply (major and secondary), and occasion kind (sporting occasions, live shows, performing arts, and others).

  • The first section will develop at a major fee through the forecast interval. The expansion of this section is pushed by the rising variety of skilled occasions, akin to exhibitions, reside music occasions, and sports activities occasions. Particular person customers spend closely on these occasions, which is boosting the demand for major occasion tickets by on-line and offline channels. The top-users of major occasion tickets have diversified and sophisticated expectations. The varied selections out there for purchasers have led to intense rivalry among the many distributors on this section. The rising variety of sports activities occasions additional drives the expansion of this section.

Geography overview
By geography, the worldwide occasion tickets market is segmented into North America, Europe, APAC, MEA, and South America. The report offers actionable insights and estimates the contribution of all areas to the expansion of the worldwide occasion tickets market.

  • North America will account for 36% of the market’s development through the forecast interval. The US is the important thing market for occasion tickets in North America. Market development on this area will likely be quicker than the expansion of the market within the South American and MEA areas. The recognition of sports activities occasions will facilitate the occasion ticket market development in North America over the forecast interval.

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International occasion tickets market Market dynamics

Main Drivers – The rising use of cellular apps for reserving tickets will likely be a major think about driving the expansion of the occasion tickets market. The introduction of 4G and 5G applied sciences has enabled end-users to make use of cellular apps akin to Eventbrite, Eventjoy, Ticketbud, Paytm, and Eventbee for ticket reserving. Cell ticketing apps enable customers to create, promote, promote, and ebook tickets at any time limit from their mobiles with an Web connection. These apps supply simple cost choices, hassle-free ticket reserving, search choices, feeds, maps, convention net pages, and flooring plans. The rising significance of finishing registrations and ticketing processes earlier than going to any occasion has inspired customers to undertake cellular apps for ticket reserving.

Key Developments – The excessive utilization of social media will positively affect the expansion of the market through the forecast interval. Occasion organizers and moviemakers are more and more utilizing social computing instruments for branding, advertising and marketing, broad-based information administration initiatives, and promoting tickets. The elevated significance of sentiment evaluation and the advances in behavioral analytics are encouraging market distributors to incorporate social media of their enterprise processes. The emergence of social media as one of many major sources for promotions has resulted in an rising variety of partnerships between ticket distributors and social media platforms.

Main challenges – The rising consumption of on-line content material will likely be a significant problem for the occasion tickets market through the forecast interval. Viewers who can’t afford the excessive value of tickets or those that belong to the low-income group go for the net streaming of sports activities occasions, films, and different reside occasions. For example, most sports activities occasions are additionally streamed reside on TV channels or on-line, and the variety of tickets for such occasions is proscribed. Due to this fact, a restricted variety of individuals can attend them. Geographical constraints additionally forestall individuals from viewing such occasions on the spot. This has propelled the adoption of on-line content material globally as customers can simply entry the Web throughout varied media.

Drivers, tendencies, and challenges have an effect on market dynamics, which may impression companies. Discover extra insights in a pattern report!

What are the important thing information coated on this occasion tickets market report?

  • CAGR of the market through the forecast interval

  • Detailed data on components that can drive the expansion of the occasion tickets market between 2021 and 2025

  • Exact estimation of the dimensions of the occasion tickets market measurement and its contribution to the market in give attention to the dad or mum market

  • Correct predictions about upcoming tendencies and adjustments in shopper conduct

  • Progress of the occasion tickets market business throughout North America, Europe, APAC, MEA, and South America

  • A radical evaluation of the market’s aggressive panorama and detailed details about distributors

  • Complete evaluation of things that can problem the expansion of occasion tickets market distributors

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Associated Studies:

The secondary tickets market share is predicted to extend by USD 2.24 billion from 2021 to 2026, and the market’s development momentum will speed up at a CAGR of seven.87%. Moreover, this report extensively covers secondary ticket market segmentation by kind (sports activities occasions, live shows, performing arts, and films) and geography (North America, Europe, APAC, South America, and MEA).

The sporting occasions market is projected to develop by USD 90.42 billion with a CAGR of 8.23% through the forecast interval 2021 to 2026. Moreover, this report extensively covers the sporting occasions market segmentation by income stream (sponsorships, tickets, broadcasting and media rights, and merchandising), occasion kind (soccer, cricket, tennis, and others), and geography (Europe, North America, APAC, Center East and Africa, and South America).

Occasion Tickets Market Scope

Report Protection

Particulars

Web page quantity

120

Base 12 months

2020

Forecast interval

2021-2025

Progress momentum & CAGR

Speed up at a CAGR of 6%

Market development 2021-2025

USD 14.98 billion

Market construction

Fragmented

YoY development 2022-2023 (%)

2.77

Regional evaluation

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 36%

Key nations

US, China, UK, Japan, and Germany

Aggressive panorama

Main Distributors, Market Positioning of Distributors, Aggressive Methods, and Business Dangers

Key firms profiled

Ace Ticket Worldwide Inc., AMC Leisure Holdings Inc, AXS Group LLC, Bigtree Leisure Pvt Ltd, Cinemark Holdings Inc, Coast To Coast Tickets LLC, CTS Eventim AG & Co. KGaA, eBay Inc., Stay Nation Leisure Inc., and TickPick LLC

Market dynamics

Mother or father market evaluation, Market development inducers and obstacles, Quick-growing and slow-growing section evaluation, COVID-19 impression and restoration evaluation and future shopper dynamics, and Market situation evaluation for the forecast interval.

Customization purview

If our report has not included the information that you’re on the lookout for, you’ll be able to attain out to our analysts and get segments personalized.

Customization purview

If our report has not included the information that you’re on the lookout for, you’ll be able to attain out to our analysts and get segments personalized.

Browse for Technavio’s shopper discretionary market reviews

Desk of Contents:

Government Abstract

Market Panorama

  • Market ecosystem

  • Worth chain evaluation

Market Sizing

5 Forces Evaluation

Market Segmentation by Supply

  • Market segments

  • Comparability by Supply

  • Main – Market measurement and forecast 2020-2025

  • Secondary – Market measurement and forecast 2020-2025

  • Market alternative by Supply

Market Segmentation by Occasion kind

  • Market segments

  • Comparability by Occasion kind

  • Sporting occasions – Market measurement and forecast 2020-2025

  • Concert events – Market measurement and forecast 2020-2025

  • Performing arts – Market measurement and forecast 2020-2025

  • Others – Market measurement and forecast 2020-2025

  • Market alternative by Occasion kind

Buyer panorama

Geographic Panorama

  • Geographic segmentation

  • Geographic comparability

  • North America – Market measurement and forecast 2020-2025

  • Europe – Market measurement and forecast 2020-2025

  • APAC – Market measurement and forecast 2020-2025

  • MEA – Market measurement and forecast 2020-2025

  • South America – Market measurement and forecast 2020-2025

  • Key main nations

  • Market alternative by geography

  • Market drivers

  • Market challenges

  • Market tendencies

Vendor Panorama

  • Overview

  • Panorama disruption

Vendor Evaluation

  • Distributors coated

  • Market positioning of distributors

  • Ace Ticket Worldwide Inc.

  • AMC Leisure Holdings Inc

  • AXS Group LLC

  • Bigtree Leisure Pvt Ltd

  • Cinemark Holdings Inc

  • Coast To Coast Tickets LLC

  • CTS Eventim AG & Co. KGaA

  • eBay Inc.

  • Stay Nation Leisure Inc.

  • TickPick LLC

Appendix

About Us
Technavio is a number one world know-how analysis and advisory firm. Their analysis and evaluation give attention to rising market tendencies and supply actionable insights to assist companies determine market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 reviews and counting, masking 800 applied sciences, spanning 50 nations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 firms. This rising consumer base depends on Technavio’s complete protection, in depth analysis, and actionable market insights to determine alternatives in present and potential markets and assess their aggressive positions inside altering market situations.

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Global Event Tickets Market

International Occasion Tickets Market

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