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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 | Mar 2015

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

IBISWorld’s Online Event Ticket Sales market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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
$4bn
Annual Growth 10-15
3.4%
Annual Growth 15-20
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Profit
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Employment
2,827
Businesses
278
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, while new entrants are cater 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 - Starting a New Business Chapter

The Online Event Ticket Sales industry has medium barriers to entry. Although the capital and labor costs required to begin operations are relatively low, the industry's major players, such as Live Nation, benefit from significant brand exposure. Furthermore, the industry has a moderate degree of market share concentration, with the top four companies representing about half of the industry's revenue.

One of the primary barriers to entry for new operators is the ability to form strong relationships with concert venues, artists, sports leagues and teams, museums and cultural institutions. Large industry operators already benefit from their significant brand name exposure and large consumer base... 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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