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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 | May 2014

Volume cranked: Higher incomes and a focus on customization will drive ticket sales

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 Inc. Live Nation Inc. market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 09-14
3.9%
Annual Growth 14-19
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Profit
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Employment
2,789
Businesses
274
Industry Analysis & Industry Trends

While spending on concerts and other events slowed during the recession, the growing popularity of the internet has boded well for the size and profitability of the industry. Many existing participants are expanding their product and service offerings and extending their reach, and new entrants are catering to niche audiences and clients. As the economy slowly rebounds and consumers start to loosen their purse strings over the next five years, the number of event tickets purchased online will rise as well.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Online Event Ticket Sales industry is in the mature stage of its life cycle, highlighted by its steady growth of industry value added (IVA). IVA is a measure of the industry's contribution to the US economy. Over the 10 years to 2019, IBISWorld expects industry IVA to grow at an average annual rate of 5.0%, slightly faster than GDP growth of 2.7% per year on average during the same period.

The number of industry participants has grown at a slow 2.1% annualized pace over the five years to 2014 and is expected to slow further to 1.9% per year on average over the five years to 2019. Although the number of websites selling tickets is increasing, existing operators are consolidating to maximize returns... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Online Event Ticket Sales Industry?

This industry includes internet 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 outlets.

Industry Products
Online ticket sales for concertsOnline ticket sales for sporting eventsOnline ticket sales for the theater and operaOnline ticket sales fairs, pageants and other events
 
Industry Activities
Selling music concert ticketsSelling sporting even ticketsSelling theatrical performance ticketsSelling children-specific performance tickets


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