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Online Event Ticket Sales in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Online Event Ticket Sales Market Research Report | Online Retail | Online Lifestyle Services | Jun 2016

Volume cranked: Rising disposable income and new mobile ticketing features will drive revenue growth

IBISWorld’s Online Event Ticket Sales market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
eBay eBay market share
Live Nation Worldwide Inc. Live Nation Worldwide Inc. market share
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 11-16
4.8%
Annual Growth 16-21
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Profit
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Employment
3,931
Businesses
540
Industry Analysis & Industry Trends

The Online Event Ticket Sales industry has grown strongly amid a major shift from physical tickets and at-home printing to a fully digitized mobile ticketing experience. Over the past five years, personal disposable incomes have grown alongside the music industry's continued shift toward live performance. The ease of online commerce, particularly through mobile wallets, fingerprint scanning and digital ticketing, has significantly benefited both the size and profitability of the Online Event Ticket Sales industry. As the economy is anticipated to continue its expansion and consumer disposable incomes are expected to rise, online ticket sellers will remain the primary source of tickets for sporting events, concerts, festivals, public appearances and more.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Online Event Ticket Sales industry remains in the growth stage of its life cycle, highlighted by the consistent growth of industry value added (IVA). IVA is a measure of the industry's contribution to the US economy. Over the 10 years to 2021, IBISWorld expects ticket sellers' IVA to grow at an annualized rate of 4.1% over the 10 years to 2021. This growth has outpaced that of US GDP, which is anticipated to increase by a comparatively slim 2.1% over the 10-year period.

The number of industry participants is forecast to rise at a 0.5% annualized pace over the five years to 2016 and is expected to grow by an even faster 1.9% annualized rate over the five years to 2021... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Online Event Ticket Sales Industry?

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.

Industry Products
Online ticket sales to music concertsOnline ticket sales to sporting eventsOnline ticket sales to dance, opera and theatrical performancesOnline ticket sales to public appearances, fairs and festivals
 
Industry Activities
Selling concert ticketsSelling sporting event ticketsSelling arts and theatrical performance ticketsSelling children's and family-themed performance tickets


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