U.S. Online Event Ticket Sales Market, By Types (Selling Concert Tickets, Selling Arts and Theatrical Performance Tickets, Selling Sporting Event Tickets, Selling Children’s and Family-Themed Performance Tickets) and Geography (NA, EU, APAC, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2014 – 2025
119 Pages | Published Date : June 2019 | Report Code: AV290 | Report Format: PDF
The U.S. online event ticket sales market was valued at USD 4,890 million by 2017, growing with 5.0% CAGR during the forecast period, 2018-2025
Online Event Ticket Sales industry is growing strongly and experiencing a major shift from physical tickets to digitized mobile ticket experience. The ease of online buying, particularly through fingerprint scanning, digital ticketing and mobile wallets has significantly benefited the industry growth. Consumers have become increasingly comfortable making purchases of event tickets through mobile phones, since ticket applications eliminate the need for mail or print tickets at home prior to an event. In addition, it is analysed that the future of industry operators is in its ability to increase personalization, customization and socialization of ticket sales.
- Selling concert tickets
- Selling arts and theatrical performance tickets
- Selling sporting event tickets
- Selling children’s and family-themed performance tickets
Selling music concert tickets is accounted for the highest revenue share, over 35% share of the global industry revenue. This segment includes tickets to live music performances at music theaters, clubs, and amphitheaters, as well as local music festivals. Dance, opera and theatrical performances segment is estimated to account over 20% of the industry’s revenue, representing a slight decline over the study period.
Key Vendors Takeaway
- eBay Inc.
- Atom Tickets LLC
- Live Nation Entertainment
- SFX Entertainment
- Cinemark Holdings Inc.
Of the key players, Live Nation Entertainment accounted for highest revenue share. Large companies are continually acquiring and merging with small scale players to expand their services and customer base. For instance, eBay sparked this trend through its acquisition of Spain’s Ticketbis for USD 165 million to expand StubHub into Latin America, Europe and Asian countries.
In addition, various niche players catering to specific audiences and clients have sprouted, tailoring the experience to the user. For example, Flavorus is a ticket-selling site that focuses on music festivals and DJ events. It gives event creators the ability to post ticket sales pages, create customized venue seating charts, connect with event attendees through social networks and keep in touch with fans after the event.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 & 2016
- Base Year – 2017
- Estimated Year – 2018
- Projected Year – 2025
- Traders, Distributors, and Suppliers
- Government and Regional Agencies
- Research Organizations
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY TYPES
- Selling Concert Tickets
- Selling Arts and Theatrical Performance Tickets
- Selling Sporting Event Tickets
- Selling Children’s and Family-Themed Performance Tickets
TABLE OF CONTENT
1. U.S. ONLINE EVENT TICKET SALES MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Types
2.2. Competitive Insights
3. U.S. ONLINE EVENT TICKET SALES KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. U.S. ONLINE EVENT TICKET SALES INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. U.S. ONLINE EVENT TICKET SALES MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. U.S. ONLINE EVENT TICKET SALES MARKET – BY TYPES
6.1.1. Segment Share Analysis, By Types, 2017 & 2025 (%)
6.2. Selling concert tickets
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Selling arts and theatrical performance tickets
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. Selling sporting event tickets
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5. Selling children’s and family-themed performance tickets
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. KEY VENDOR ANALYSIS
7.1. eBay Inc.
7.1.1. Company Snapshot
7.1.2. Financial Performance
7.1.3. Types Benchmarking
7.1.4. Strategic Initiatives
7.2.1. Company Snapshot
7.2.2. Financial Performance
7.2.3. Types Benchmarking
7.2.4. Strategic Initiatives
7.3.1. Company Snapshot
7.3.2. Financial Performance
7.3.3. Types Benchmarking
7.3.4. Strategic Initiatives
7.4. Atom Tickets LLC
7.4.1. Company Snapshot
7.4.2. Financial Performance
7.4.3. Types Benchmarking
7.4.4. Strategic Initiatives
7.5. Live Nation Entertainment
7.5.1. Company Snapshot
7.5.2. Financial Performance
7.5.3. Types Benchmarking
7.5.4. Strategic Initiatives
7.6. SFX Entertainment
7.6.1. Company Snapshot
7.6.2. Financial Performance
7.6.3. Types Benchmarking
7.6.4. Strategic Initiatives
7.7. Cinemark Holdings Inc.
7.7.1. Company Snapshot
7.7.2. Financial Performance
7.7.3. Types Benchmarking
7.7.4. Strategic Initiatives
8. 360 DEGREE ANALYSTVIEW
9.1. Research Methodology
9.5. Contact Us
List of Tables
TABLE List of data Types
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE U.S. Online Event Ticket Sales market: Types snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Types
TABLE U.S. Online Event Ticket Sales market, by Types, 2014-2025 (USD Million)
List of Figures
FIGURE U.S. Online Event Ticket Sales market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Types segment market share analysis, 2017 & 2025
FIGURE Types segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Selling concert tickets market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Selling arts and theatrical performance tickets market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Selling sporting event tickets market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Selling children’s and family-themed performance tickets market size forecast and trend analysis, 2014 to 2025 (USD Million)
SCOPE AND OBJECTIVES
The objective of this report is to describe the market trends and revenue forecasts for the market for the upcoming years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends.
The report tracks the major market events including Types launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analysing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the market. The scope of this report covers the market by its major segments.
KEY BENEFITS OF THE REPORT
• The report presents macro and micro-level outlook regarding the industry. Thus, it becomes easy for our clients to perceive the business landscape and take a glimpse of their own standing in it.
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• Well-designed strategic framework analyzes the market movements including regional expansion, mergers & acquisitions, and new Types developments
Research methodology is developed on a combination of specialist industry analyst knowledge and in-country research experience. We employ data interrogation methodologies to generate new and meaningful analyses and insights. The research study includes extensive use of secondary sources, paid databases (such as Bloomberg, Dun & Bradstreet, and BusinessWeek) and directories, to identify and collect information, useful to understand technical, commercial and market-oriented aspects. Market data and information are also collected (but not limited to) from the secondary sources such as:
- Official company’s website, financial and annual reporting
- Government statistical data
- Online publishing articles
- Industry player’s investor presentations
- Economic news articles
- National and international trade associations
- The financial, business, and mainstream press
- Industry study groups and semiofficial sources
- Informative channels related to the market topics
* Gathering data through secondary sources is only the first step. The ability to cross-refer market data through available secondary information often conflicting across multiple sources is a key aspect of the added value we provide
In order to verify and validate secondary market data, we engage with the Key Opinion Leaders (KoL’s), operating in the respective markets, through phone calls, emails, and web-based survey responses. This platform help us validate our data in terms of accuracy and gain insight into the current market and future expectations. Furthermore, the obtained information guide us to understand several facets of the market with respect to manufacturers and buyers’ perspectives.
In addition, to assign weights to all the relevant market dynamics and parameters and quantify their market impact for generating projected market growth rate, we used advanced machine learning algorithms in order to collate essential market data. The machine learning method utilizes algorithms such as regression, correlation, and decision tree, among others, to derive the desired output. This tool help us in deriving highly detailed forecasts, profound knowledge of product demand, and others.
These collected data points are carefully filtered, analyzed, compared, and presented in an easy way to develop accurate research study. Furthermore, all collected data is subjected to undergo exhaustive review process at country level, regional level, and global level.
Market Forecast :
Market forecast is primarily based on the year-on-year (YOY) growth rate. Data projection and future performance of each segment is analyzed based on the key aspects extracted from primary and secondary research results. Thus, data projection exhibits the assumption on how the market performs under microeconomic and macroeconomic parameters. Our market forecasting technique represents strategic conclusions which can play a crucial role for our client’s in making strategic marketing plans.
For forecasting, the following parameters were considered:
- Market drivers and restraints along with their current and expected impacts
- Technological scenario and expected developments
- Trends in the consumer behaviors
- End-user industry trends
We have assigned weights to above-mentioned parameters and quantified their market impacts using the weighted average analysis, to derive an expected market growth rate.
Another integral part of our research study is that market data is accompanied by clear written analysis. We include detailed information on market segments in terms of market drivers, market restraints, and market opportunities. These offer insights on different channel dynamics, brand preference, incidence/prevalence data, consumption trend, and technology up-gradations.
We also include supporting data from relevant awareness campaigns, new introductions, regulatory norms, government initiatives, and an industry player’s expansion in specific product segments. From research perspective, this information explains and substantiates estimated data finding and forecast.
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