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 Locations Chapter
The majority of the industry's establishments are located in the Southeast, the West and the Southwest regions of the United States. The distribution of industry establishments partly trends based on historical locations for concert and event promotion companies as well as tech-based hubs in the United States.
The Southeast accounts for the greatest share of industry establishments; estimated at 27.1% of the total. Historically, the Southeast has been a major location for club and event promoters, with more than one-fifth of establishments. The Southeast is a prominent area due to its high share of the population (25.4%)... purchase to read more