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Online Event Ticketing Market Trend Analysis, Latest Revenue Figures, Growth Insights, and Forecasts until 2031

04-18-2024 11:02 AM CET | IT, New Media & Software

Press release from: The Research Insights

Online Event Ticketing Market

Online Event Ticketing Market

The global market for Online Event Ticketing was estimated to be worth US$ 54620 million in 2023 and is forecast to a readjusted size of US$ 73280 million by 2030 with a CAGR of 3.8% during the forecast period 2024-2030

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Online Event Ticketing refers to the digital process of buying, selling and managing tickets for various events through online platforms. This system eliminates the need for physical ticket sales and allows users to browse, select and purchase tickets for concerts, sporting events, conferences and more from the convenience of their devices. Online ticketing platforms offer secure payment options, e-ticket shipping and real-time event information. They simplify the ticketing process for event organizers, increasing efficiency and providing event attendees a convenient and accessible way to participate and enjoy a variety of live experiences.

Driver: Digitization of ticketing processes

The global online event ticketing market is driven by the digitalization of ticketing processes. The shift to online platforms increases accessibility for consumers and allows them to easily view, purchase and manage event tickets through their devices, contributing to the growth of the market.

Opportunity: Ticket scaling and fraudulent activity

A notable limitation of the online event ticketing market is the prevalence of ticket scalping and fraudulent activities. Unauthorized resales in the digital space have increased, leading to rising ticket prices and concerns about authenticity, creating challenges for both consumers and event organizers.

Opportunity: Integration of improved technologies

The opportunity lies in the integration of improved technologies into online ticketing platforms. Features like blockchain for secure transactions, virtual reality for immersive event previews, and artificial intelligence for personalized recommendations can improve user experiences and open up new growth opportunities.

Top Manufacturers Covered in the Report:

Ticketmaster (Live Nation Entertainment)
StubHub (an eBay company)
Eventbrite
Cvent
AXS
Ticketek (TEG Pty Ltd)
Fandango (NBCUniversal)
SeatGeek
Vivid Seats, and others.

Segment by Type

Desktop

Mobile

Segment by Application

Movie

Music & Other Live Shows

Sports

Others

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Key Benefits For Stakeholders:

• The report provides an extensive qualitative and quantitative analysis of the current AI Trust, Risk and Security Management market trends and future estimations of the market from 2021 to 2030 to determine the prevailing opportunities.
• A comprehensive analysis of the factors that drive and restrict the AI Trust, Risk and Security Management market share is provided.
• Estimations and forecast are based on factors impacting the AI Trust, Risk and Security Management market forecast, in terms of value.
• Profiles of leading players operating in the AI Trust, Risk and Security Management market are provided to understand the global competitive scenario.
• The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable AI Trust, Risk and Security Management market growth.

Research objectives:

• To study and analyze the global AI Trust, Risk and Security Management consumption (value & volume)by key regions/countries, product type, application and forecast to 2031.
• To understand the structure of AI Trust, Risk and Security Management market by identifying its various subsegments. Focuses on the key global AI Trust, Risk and Security Management manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the AI Trust, Risk and Security Management with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of AI Trust, Risk and Security Management submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

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