Global Online Event Ticketing Market Trends, Cost Structure Analysis, Growth Opportunities And Forecast to 2029– Report By Introspective Market Research
Market Overview:
The Global Online Event Ticketing market was valued at USD 54.40 billion in 2021 and is expected to reach USD 75.53 billion by the year 2028, at a CAGR of 4.80%.
The development is anticipated to be assisted by the rising popularity of smartphone applications and the Internet for purchasing online event tickets for live performances, sporting events, and movies. The market for online event tickets is being stimulated by the willingness of people, particularly in the Asia Pacific area, to pay marginal Internet processing costs rather than wait in long lines. Convenience and inexpensive, simple handling fees for consumers are the main driving forces behind online event ticketing marketplaces. Additionally, the market for online event tickets is benefiting from consumers’ increasing use of online promos and hassle-free show booking.
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Key Chapter Will Be Provided In The Report
- Patent Analysis
- Regulatory Framework
- Technology Roadmap
- BCG Matrix
- Heat Map Analysis
- Price Trend Analysis
- Investment Analysis
- Company Profiling and Competitive Positioning
- Industry Value Chain Analysis
- Market Dynamics and Factors
- Porter’s Five Forces Analysis
- Pestle Analysis
- SWOT Analysis
Market Dynamics and Factors:
In the past few decades, the market has undergone significant change, supported by several reasons including an increasing emphasis on paperless transactions and rising disposable incomes. Growth is anticipated to be impacted by increased Internet usage and the rising popularity of smartphone applications for purchasing movies, sports, and live event tickets online. It is anticipated that rising consumer disposable income, particularly in emerging markets, will significantly add to market growth. As a result, the market demand for online event ticketing has grown, driving the market growth during the forecast period. This is due to rising disposable income and public awareness.
Due to the cumulatively harmful effects of pollution on the ecology, governments all over the world are concentrating on reducing environmental pollution and deforestation. Order to reduce the use of paper and save trees has compelled governments all over the world to encourage digital transactions. Many banking organizations and telecom service providers use online platforms for financial transactions. The ability to create electronic tickets and disseminate them via emails or text messages will be supported by the rising popularity of paperless transactions. Due to the increasing popularity of the internet, many companies have diligently developed cutting-edge customer interaction strategies.
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Top Key Players Covered In The Online Event Ticketing Market:
- Brown Paper Tickets (US)
- Cvent Inc (US)
- Eventbee Inc. (US)
- Eventbrite Inc. (US)
- Eventzilla (UK)
- moshtix Pty Ltd (Australia)
- Razorgator LLC (US)
- StubHub Inc. (US)
- Northampton Saints (UK)
- Ticketek Pty Ltd (Australia), and Other Major Players.
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Online Event Ticketing Market Report Highlight:
- By Event Type, the Sports segment is anticipated to lead the growth of the Online Event Ticketing market in the forecasted timeframe. Online ticket purchases for sporting events have increased as a result of rising sports viewership. There is a huge supporter base for major sporting events like the National Football League (NFL), the FIFA World Cup, the Olympics, the ICC Cricket World Cup, and the Premier League (PL).
- By Platform, the Mobile segment is expected to have the highest share of the Online Event Ticketing market over the projected period. Since the cost of Internet packs has decreased and more people are utilizing high-speed 3G and 4G connectivity, mobile devices have become more and more common as the go-to method for buying tickets. Comparing mobile booking to conventional online booking through computers, the former is seen as being easier.
- The North American region is expected to have the highest share of the Online Event Ticketing market over the projected period. Owing to higher per capita income and increased Internet usage in nations like the United States and Canada. Due to the customer convenience and accessibility connected with movie ticket purchases, mobile movie ticketing services are anticipated to become a significant revenue-generating sector over the course of the forecast period in North America.
Key Industry Development:
In February 2022, Northampton Saints announced that Ticketmaster Sport would take over as the club’s new ticketing services supplier as of the start of the 2022–2023 season. Men of color in long-term relationships will receive sports ticketing technology options from Ticketmaster. These supporters will be able to benefit from a new, enhanced, and incredibly user-friendly ticketing website, making it very simple to purchase and obtain tickets without any hassle.
Online Event Ticketing Market Segmentation:
By Event Type
- Movie
- Sport
- Live Show
- Stand-up comedy
- Live concerts
- Drama
- Other shows
By Platform
- Desktop
- Mobile
For this report, Introspective Market Research has segmented the Online Event Ticketing Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)
North America
- The U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest Of Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
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Scope of the Report:
The latest research on the Online Event Ticketing market provides a comprehensive overview of the market for the years 2022 to 2028. It gives a comprehensive picture of the global Online Event Ticketing industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Online Event Ticketing market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Table of Content
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities By Segment
3.1 By Event Type
3.2 By Platform
Chapter 4: Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Online Event Ticketing Market by Event Type
5.1 Online Event Ticketing Market Overview Snapshot and Growth Engine
5.2 Online Event Ticketing Market Overview
5.3 Movie
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Movie: Geographic Segmentation
5.4 Sport
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Sport: Geographic Segmentation
5.5 Live Show
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Live Show: Geographic Segmentation
5.6 Stand-up Comedy
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Stand-up Comedy: Geographic Segmentation
5.7 Live Concerts
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size (2016-2028F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Live Concerts: Geographic Segmentation
5.8 Drama
5.8.1 Introduction and Market Overview
5.8.2 Historic and Forecasted Market Size (2016-2028F)
5.8.3 Key Market Trends, Growth Factors and Opportunities
5.8.4 Drama: Geographic Segmentation
5.9 Other Shows
5.9.1 Introduction and Market Overview
5.9.2 Historic and Forecasted Market Size (2016-2028F)
5.9.3 Key Market Trends, Growth Factors and Opportunities
5.9.4 Other Shows: Geographic Segmentation
Chapter 6: Online Event Ticketing Market by Platform
6.1 Online Event Ticketing Market Overview Snapshot and Growth Engine
6.2 Online Event Ticketing Market Overview
6.3 Desktop
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Desktop: Geographic Segmentation
Continue.
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