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US NAICS 71133 | Industry Report

Concert & Event Promotion in the US Industry Data and Analysis

MD
Michal Dalal
Analyst New York, United States February 2026

The concert and event promotion industry remains a resilient force in the entertainment landscape, seeing strong attendance even as ticket prices have climbed to all-time highs. Consumer demand for live experiences hasn’t waned, with fans willing to pay premium prices for memorable moments, exclusive packages and VIP perks. Social media virality and livestreaming have magnified the reach of events, propelling artists and concerts into the digital spotlight. While dynamic pricing and add-on services are inflating ticket costs, appetite for live entertainment persists across demographics, signaling ongoing confidence in the industry despite regulatory and market headwinds. Revenue ultimately grew at a CAGR of 11.7% over the years to 2026, including an uptick of 0.9% that year, totaling $60.2 billion.

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What's included in this industry analysis

IBISWorld's research coverage on the Concert & Event Promotion industry in the United States includes market sizing, forecasting, data and analysis from 2016-2031. The most recent publication was released February 2026.

About this industry

What's this industry report about?

The Concert & Event Promotion industry in the United States operates under the NAICS industry code 71133. Concert and event promoters create, manage and market live performances and events, ranging from concerts and theater performances to state fairs and air shows. Some promoters lease space from stadium, arena and theater owners, while others own and operate venues. Related terms covered in the Concert & Event Promotion industry in the United States include stadium, arena, amphitheater, club and marquee event.

What's included in this industry?

Products and services covered in Concert & Event Promotion industry in the United States include Admission to live performing arts events, Admission to sporting events and Contracted live performances.

What companies are included in this industry?

Companies covered in the Concert & Event Promotion industry in the United States include Live Nation Entertainment, Inc. and Anschutz Corp.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Concert & Event Promotion industry in the United States.

Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.

Products & Markets

What's included in the Products and Markets chapter?

The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Concert & Event Promotion industry in the United States.

Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.

Geographic Breakdown

What's included in the Geographic Breakdown chapter?

The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Concert & Event Promotion industry in the United States.

Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Concert & Event Promotion industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.

Companies

What's included in the Companies chapter?

The Companies chapter covers Key Takeaways, Market Share and Companies in the Concert & Event Promotion industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.

Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Concert & Event Promotion industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Concert & Event Promotion industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Concert & Event Promotion industry in the United States.

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Frequently Asked Questions

What is the market size of the Concert & Event Promotion industry in the United States in 2026?

The market size of the Concert & Event Promotion industry in the United States is $60.2bn in 2026.

How many businesses are there in the Concert & Event Promotion industry in the United States in 2026?

There are 108k businesses in the Concert & Event Promotion industry in the United States, which has grown at a CAGR of 7.7 % between 2021 and 2026.

How may import tariffs affect the Concert & Event Promotion industry in the United States?

The Concert & Event Promotion industry in the United States is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.

How may export tariffs affect the Concert & Event Promotion industry in the United States?

The Concert & Event Promotion industry in the United States is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.

Has the Concert & Event Promotion industry in the United States grown or declined over the past 5 years?

The market size of the Concert & Event Promotion industry in the United States has been growing at a CAGR of 11.7 % between 2021 and 2026.

What is the forecast growth of the Concert & Event Promotion industry in the United States over the next 5 years?

Over the next five years, the Concert & Event Promotion industry in the United States is expected to grow.

What are the biggest companies in the Concert & Event Promotion industry in the United States?

The biggest companies operating in the Concert & Event Promotion industry in the United States are Live Nation Entertainment, Inc. and Anschutz Corp

What does the Concert & Event Promotion industry in the United States include?

Managing venues (e.g. arenas, amphitheaters, clubs and stadiums) and Booking talent, including musicians and performers, for events are part of the Concert & Event Promotion industry in the United States.

Which companies have the highest market share in the Concert & Event Promotion industry in the United States?

The company holding the most market share in the Concert & Event Promotion industry in the United States is Live Nation Entertainment, Inc..

How competitive is the Concert & Event Promotion industry in the United States?

The level of competition is moderate and steady in the Concert & Event Promotion industry in the United States.

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