Center stage: Rising disposable income and new mobile ticketing features will drive revenue growth
Online Event Ticket Sales
The Online Event Ticket Sales industry has experienced strong growth amid a major shift from physical tickets and at-home printing to a fully digitized mobile ticketing experience. Over the five years to 2019, personal disposable incomes have grown alongside the music industry’s continued shift toward live performance. Furthermore, major growth in the percentage of services conducted online. Furthermore, the ease of online commerce, particularly through mobile wallets, fingerprint scanning and digital ticketing, has significantly benefited both the size and profitability of the industry. As a result, industry revenue is expected to increase during the current period. Over the five years to 2024, industry revenue is expected to continue rising as the economy is anticipated to continue expanding and disposable incomes are expected to rise.
This industry consists of online retailers that sell tickets to live events. Ticketed events include concerts, sporting events, live theater, fairs and festivals. This industry also includes online ticket resellers; however, it does not include sales of tickets at brick-and-mortar locations.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of contents
ABOUT THIS INDUSTRY
INDUSTRY AT A GLANCE
Key External Drivers
Industry Life Cycle
PRODUCTS & MARKETS
Products & Services
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Technology & Systems
Regulation & Policy
JARGON & GLOSSARY
Live Nation Entertainment Inc.
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