Press release
Online Event Ticketing Market Insights Shared in Detailed Report | Atom Tickets LLC, Bigtree Entertainment Pvt Ltd, Cinemark Holding Inc
The Online Event Ticketing market is a comprehensive market research report which provides market analysis with a historical & futuristic perspective for the following parameters; market size, revenue, demand, and supply data (as applicable). The report offers a detailed market analysis to provide a 360-degree research study on the global Online Event Ticketing market. Some of the tools used for this are SWOT, PESTEL, and Porter's 5-forces analysis frameworks. The report includes detailed information on the key trends, market drivers, challenges, regulatory landscape, deployment models, opportunities, future roadmaps, value chains, player profiles, and strategies. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Online Event Ticketing from 2021 till 2026.Request for PDF Brochure:
https://www.marketinsightsreports.com/reports/10192358082/online-event-ticketing-market-growth-trends-and-forecast-2020-2025/inquiry?Mode=S21
The online event ticketing market is expected to register a CAGR of 5.2% during the forecast period (2020 - 2025). Entire proces of event ticketing has witnessed a dramatic shift from traditional booking of tickets at event venue counters to purchasing tickets in advance from the comfort of one's home.
- Online ticketing has gained popularity due to proliferations of smartphones and mobile devices, which results in perceived ease and flexibility of the procedure. User-friendly and attractive mobile interfaces are also being developed by service providers, which makes the process of booking tickets easier and faster.
Top leading Manufacturers Profiled in Online Event Ticketing Market Report are: Atom Tickets LLC, Bigtree Entertainment Pvt Ltd, Cinemark Holding Inc, Kyazoonga, Ticketmaster Entertainment LLC, Fandango Inc, Razorgator Inc, TickPick LLC, AOL Inc, Ticketsauce.com Inc
Regional Analysis for Online Event Ticketing Market:
For a comprehensive understanding of market dynamics, the global Online Event Ticketing market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.
Cinemas to Occupy Significant Market Share
- Online booking for cinemas and movies occupies the majority of share among all other events. This is due to vendors such as MovieTickets, fandango, bookmyshow and ticketnew, which are offering tickets at discounted rate.
- Moviegoers are more likely to purchase tickets online rather than buying at box office or sel-serve kisosk, if the movie is likely to be sold out due to its popularity.
- Moreover, advanced technologies deployed to cinemas such as 3D screens adoption is increasing as people are prefering digital recording and projecting technology over analog movie screens.
- This segment was the worst hit due to outbreak og COVID-19. Some of the movies are now being released over OTT platforms instead of movie halls, since the halls are temporarily closed due to lockdown, which is hampering the growth of the market.
- However, as the movie halls open in future, the growth of market is anticipated more since customers would have to purchase tickets online or through an app ahead of arriving at the theater. Venues would look for ways to avoid physical interaction.
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- December 2019 - A Memorandum of Understanding (MoU) for online ticketing of National Museum of Indian Cinema (NMIC) was signed between Films Division and BookMyShow (BMS). NMIC is the only museum in India dedicated to cinema. Under the MoU, BookMyShow will provide a technical solution for offline and online sale of NMIC.
- August 2019 - Atom Tickets partnered with global advertising technology pioneer, The Trade Desk. The partnership allows movie marketers to identify sales generated from their programmatic advertising spend, which is a first for the entire industry.
- August 2019 - TickPick, founded in 2011 raised institutional funding worth USD 40 million. TickPick started out as a secondary marketplace for ticket resellers, but it now sells tickets directly from partners like Firefly Music Festival and Riot Fest, the Big South and Western Athletic Conferences, Florida International, Georgia State and Santa Clara Universities, Ric Flair, Sports Illustrated Saturday Night Lights, Shaqs Fun House and the Maxim Pregame Experience.
What is the Impact of Covid-19 Outbreak on the Online Event Ticketing?
- Optimistic Scenario: COVID-19 is contained by May or June, With Normalcy returning to global operations through the End of Q2.
- Conservative Scenario: COVID-19 Remains Prevalent, with Continued Impacts Lasting into Q4.
- Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Global Online Event Ticketing.
- Online Event Ticketing Market Size in 2021
- Corporate Strategy the Manufacturers Should Be Thinking About Right Now.
Frequently Asked Questions about the Online Event Ticketing market:
- What are the recent developments and government policies?
- What are the top trends in the Online Event Ticketing market?
- What is the growth rate of the market?
- Which Is the Most potential market segment?
- Which are the top industry players in the Online Event Ticketing market?
- Which region would offer high growth for vendors in the market?
Purchase this Report at-
https://www.marketinsightsreports.com/report/purchase/10192358082?mode=su?Mode=S21
The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
We Offer Customization On Report Based On Specific Client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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