Press release
Global Online Event Ticketing Market Projected to Surpass $69.25 Billion by 2029 with 7% Annual Growth
Online Event Ticketing Market Size
The online event ticketing market is anticipated to see robust growth due to the surge in live entertainment events. Live entertainment events are those musical occasions where the audience is present in person. The use of an online event ticketing platform enables participants to register while delivering pertinent data about the visitors to the event planners; this makes the process of booking for live events much more streamlined and effective. For example, Live Nation Entertainment, an American concert management firm, held 12,500 events in the second quarter of 2022 alone, a surge of 2500 shows compared to the entire year of 2019. The attendance figure touched 33.5 million, marking a 20% growth from the 27 million in 2019. In addition, 100 million tickets were sold up until July 2022, whereas the figure stood at 74 million in 2019. Consequently, the upsurge in live entertainment events is fueling the expansion of the online event ticketing market.
Get Your Online Event Ticketing Market Report Here:
https://www.thebusinessresearchcompany.com/report/online-event-ticketing-global-market-report
What is the projected compound annual growth rate (CAGR) of the online event ticketing market from 2025 to 2034, and what factors influence it?
In recent times, the market size of online event ticketing has steadily expanded. It's expected to increase from $50.97 billion in 2024 to $53.43 billion in 2025, displaying a compound annual growth rate (CAGR) of 4.8%. Factors such as increased internet access, widespread smartphone usage, the rise of digital payments, a variety of events, and the impact of social media have fueled the growth during the historic period.
Over the next few years, the online event ticketing market is anticipated to experience robust growth. The market size is set to expand to $69.25 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.7%. The predicted expansion in the forecast period is credited to personalized recommendations, the rise of virtual and hybrid events, improved customer engagement tools, a focus on sustainability, and government regulations regarding online transactions. Noteworthy trends during the forecast period comprise of contactless and mobile ticketing, dynamic pricing tactics, enhanced security protocols, subscription-based structures, and crossover with augmented reality (AR).
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9801&type=smp
How are the latest trends influencing the growth of the online event ticketing market?
In the online event ticketing market, a significant trend that's catching on is the introduction of product innovations. To preserve their market standing, prominent companies in this sector are launching inventive products like the TicketMint Ticketing System. For example, TicketMint - an online ticketing company based in the US - unveiled the TicketMint Ticketing System in November 2022. Billed as the first-ever fraudulent-free ticketing system in the world, it leverages Blockchain technology. This enables event planners to issue tickets that are uniquely numbered and time-stamped, thereby helping artists steer clear of fake and counterfeit tickets.
What are the major segments of the online event ticketing market and their role in driving growth?
The online event ticketing market covered in this report is segmented -
1) By Type: Sports, Music And Other Live Shows, Fair And Festival, Conferences, Food And Drink Events, Other Types
2) By Platform: Desktop, Mobile
3) By Application: Hotel And Restaurants, Clubs, Schools And Colleges, Theaters, Other Applications
Subsegments:
1) By Sports: Professional Sports Events, Amateur Sports Events
2) By Music And Other Live Shows: Concerts, Theater Performances, Comedy Shows
3) By Fair And Festival: Cultural Festivals, Trade Fairs
4) By Conferences: Corporate Conferences, Educational Conferences
5) By Food And Drink Events: Wine Tastings, Food Festivals
6) By Other Types: Art Exhibitions, Workshops And Seminars
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9801
Which regions are key players in the growth of the online event ticketing market?
North America was the largest region in the online event ticketing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the online event ticketing market report during the forecast period. The regions covered in the online event ticketing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the online event ticketing market?
Major companies operating in the online event ticketing market include Anschutz Entertainment Group, Atom Tickets LLC, Cvent Inc., Eventbee Inc., Cinemark Holdings Inc., Eventzilla Corporation, Fandango Media LLC, Eventbrite Inc., Moshtix Pty Ltd., StubHub Inc., Ticketek Pty Ltd., Live Nation Inc., Viagogo Entertainment Inc., Ticketmaster, Eventbrite, StubHub, AXS, Ticketek, Fandango, SeatGeek, Brown Paper Tickets, Songkick, See Tickets, Ticketweb LLC, Ticketmaster, Ticket Tailor, Tixr, Purplepass, Front Gate Tickets, TicketIQ, Gametime, BookMyShow, Eventim, TicketSource, BigTickets, iTickets, Tickeri, ThunderTix, Ticketbooth, TicketPeak
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=9801&type=smp
What Is Covered In The Online Event Ticketing Global Market Report?
• Market Size Forecast: Examine the online event ticketing market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the online event ticketing market for a structured understanding.
• Key Players Overview: Analyze major players in the online event ticketing market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the online event ticketing market.
• Segment Contributions: Evaluate how different segments drive overall growth in the online event ticketing market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the online event ticketing market.
• Industry Challenges: Identify potential risks and obstacles affecting the online event ticketing market.
• Competitive Landscape: Review strategic developments in the online event ticketing market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Online Event Ticketing Market Projected to Surpass $69.25 Billion by 2029 with 7% Annual Growth here
News-ID: 3892247 • Views: …
More Releases from The Business Research Company
2025-2034 Superconducting Quantum Chip Market Outlook: Key Drivers, Emerging Cha …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Superconducting Quantum Chip Market Through 2025?
The market size of superconducting quantum chips has shown a swift expansion in the past few years. It's forecasted to surge from a value of $0.74 billion in 2024, reaching $0.87 billion in 2025, with a…
What Is Driving Global Responsible AI Governance Consulting Market Growth in 202 …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Responsible AI Governance Consulting Market Size By 2025?
The market size for responsible AI governance consulting has seen substantial growth recently. Projections show it will expand from $0.29 billion in 2024 to $0.43 billion in 2025, indicating a Compound Annual Growth Rate (CAGR) of 49.0%.…
Expansion Of Industrial Fleets Fueling The Growth Of The Market Due To Rising E- …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Material Handling Equipment Telematics Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the size of the telematics market for material handling equipment has experienced swift growth. The market is projected to increase from $5.42 billion in 2024 to $6.14 billion in 2025,…
Higher Educational Professional Audio-Visual (Pro AV) Market Poised to Hit $5.68 …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Higher Educational Professional Audio-Visual (Pro AV) Industry Market Size Be by 2025?
The market size for professional audio-visual (pro av) in the higher education sector has seen robust growth in the past few years. The market is projected to increase from a value of $3.54 billion…
More Releases for Ticket
Ticket to Convenience : Passenger Ticket Vending Machine Market Analysis Forecas …
According to a recent report published by Allied Market Research, titled, "passenger ticket vending machine market by component, input type, and application: global opportunity analysis and industry forecast, 2021-2030," the global passenger ticket vending machine market was valued at $0.73 billion in 2020, and is projected to reach $1.11 billion by 2030, registering a CAGR of 4.4%. Europe was the highest revenue contributor, accounting for $0.23 billion in 2020, and…
Ticket Broker Market New Coming Industry to Witness Great Growth Opportunities i …
The latest competent intelligence report published by WMR with the title "An increase in demand and Opportunities for Global Ticket Broker Market 2022" provides a sorted image of the Ticket Broker industry by analysis of research and information collected from various sources that have the ability to help the decision-makers in the worldwide market to play a significant role in making a gradual impact on the global economy. The report…
Ticket Reseller Market: Revenue Growth to Stoke Up in Next Couple of Years, Keyp …
Global Ticket Reseller Market Research Report provides key analysis of the market status of the Ticket Reseller with the best facts and figures, meaning, definition, SWOT analysis, expert opinions, and the latest developments across the globe. The report also calculates the market size, Sales, Price, Revenue, Gross Margin, Market Share, cost structure, and growth rate. The report considers the revenue generated from the sales of this Report and technologies by…
Ticket Broker Market 2022 to Witness Notable Growth with Covid-19 Analysis, Oppo …
Global Ticket Broker Market Research Report provides key analysis of the market status of the Ticket Broker with the best facts and figures, meaning, definition, SWOT analysis, expert opinions, and the latest developments across the globe. The report also calculates the market size, Sales, Price, Revenue, Gross Margin, Market Share, cost structure, and growth rate. The report considers the revenue generated from the sales of this Report and technologies by…
Ticket Reseller Market Research on Present State and Future Growth Prospects of …
Worldwide Market Reports adds "Ticket Reseller Market 2022 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2028" reports to its database.
This report provides an in-depth study of "Ticket Reseller Market" using SWOT analysis i.e. strengths, Weaknesses, Opportunities, and Threats to the organization. The Ticket Reseller Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization…
Ticket Broker Market: Development - Opportunities in Future, Growth Forecast Up …
The latest competent intelligence report published by WMR with the title “An increase in demand and Opportunities for Global Ticket Broker Market 2022” provides a sorted image of the Ticket Broker industry by analysis of research and information collected from various sources that have the ability to help the decision-makers in the worldwide market to play a significant role in making a gradual impact on the global economy. The report…
