Online Event Ticketing Market Growth, Size, Trends, Demand, Share, Revenue and Future Outlook
Online Event Ticketing Market Size- By Platform Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Apr-2024 | Report ID: IACT2482 | Pages: 1 - 224 | Formats*: |
| Category : Information & Communications Technology | |||
Online Event Ticketing Market Introduction and Overview
According to SPER Market Research, the Global Online Event Ticketing Market is estimated to reach USD 107.7 billion by 2033 with a CAGR of 6.53%.
The report includes an in-depth analysis of the Global Online Event Ticketing Market, including market size and trends, product mix, Applications, and supplier analysis. An online ticketing system for events is a special kind of platform that enables ticket vendors to sell tickets online. This app is designed to function as a one-stop shop for booking tickets through smart devices. The online ticketing system has benefited merchants as well as buyers by relieving some of their burdens. In order to trigger off the necessary action for a flawless customer experience, it enabled a streamlined workflow in support of the management, sales, marketing, and support beam. The online ticketing system provides the sellers with tools like real-time analytics to monitor sales and statistics.
- In October 2023, Patreon purchased Moment, a hosting and ticketing company that allows authors to conduct digital events. The company organizes ticketed live-streamed events, such as concerts and podcasts. Patreon plans to incorporate Moment components into its range of creator tools.
- May 2023: The Hattiesburg Zoo will launch a new online ticketing platform, allowing visitors to purchase entry tickets in advance of their visit. Additionally, tickets for the Sloth Experience and pavilion rentals will be available through the new ticketing site.
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Market Opportunities and Challenges
The market has expanded due to the growth of smart device usage and the expansion of internet services. Customer tastes had been greatly impacted by their shifting lifestyles. These days, consumers' shifting preferences—such as choosing online tickets over in-person lines when possible—have boosted industry expansion. Users' minds had been expertly tricked by clever marketing tactics. Globally, people are acknowledging and celebrating digital transformations. The service providers are working very hard to give the audience an easy-to-use and seamless internet experience. These tactics introduced a number of breakthroughs, such as sophisticated artificial intelligence-based payment methods and social media app integration to improve user interactions, among many others. Further, growing incomes in underdeveloped and developing nations have benefited the market. The market has an upward trend line due to consumers' growing interest in leisure and entertainment services.
Stable and widely available internet access is required for these systems to work successfully, which presents challenges in locations with low connectivity. The uninterrupted functioning of online ticketing services could be jeopardized in areas where consistent internet connectivity is scarce, hence hindering accessibility and user experiences. The market's accessibility is restricted by its dependence on Internet connectivity, which poses difficulties for both organizers and attendees. Additional risks include hacking, fraud, and unauthorized access, which put both event planners and ticket buyers at jeopardy. Consumer confidence is weakened by identity theft and data breach incidents, which hinders the widespread adoption of online ticketing systems. The sector needs to use robust cybersecurity measures to secure sensitive data, which necessitates ongoing innovation to stay ahead of growing cyber threats.
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Market Competitive Landscape
The industry for online event ticketing is competitive and fragmented, with several well-known organizations participating in it. Eventbrite, Bigtree Entertainment Pvt Ltd, SeatGeek, Zoonga, Ticketmaster Entertainment LLC (Live Nation Entertainment Inc), AXS, Viagogo Entertainment Inc, TickPick LLC, Ticketek Pty Ltd (TEG Pty Limited), Ticketsauce.com Inc, Carnival Cinemas, Cinemark Holdings, Inc, Cineplex Inc, PVR LTD, EasyMovies, and VOX Cinemas are among the industry's top companies.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Platform Type, By Application |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | Eventbrite, Bigtree Entertainment Pvt Ltd, SeatGeek, Zoonga, Ticketmaster Entertainment LLC (Live Nation Entertainment Inc), AXS, Viagogo Entertainment Inc, TickPick LLC, Ticketek Pty Ltd (TEG Pty Limited), Ticketsauce.com Inc, Carnival Cinemas, Cinemark Holdings, Inc, Cineplex Inc, PVR LTD, EasyMovies, VOX Cinemas. |
COVID-19 Impact on Global Online Event Ticketing Market
The COVID-19 outbreak caused many events to be cancelled, which sharply decreased demand for online event tickets. Online ticketing services saw a decline in revenue as a result of gathering restrictions and social distancing tactics. Many events were either postponed indefinitely or converted to virtual formats. Further contributing to the decline in the online event tickets sector were uncertainty and customer reluctance to attend events.
Key Target Audience
- Event Organizers
- Online Ticketing Platforms
- Technology Providers
- Investors and Trade Experts
Our in-depth analysis of the Online Event Ticketing Market includes the following segments:
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| By Application: |
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| By Region: |
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Key Topics Covered in the Report
- Global Online Event Ticketing Market Size (FY’2024-FY’2033)
- Overview of Global Online Event Ticketing Market
- Segmentation of Global Online Event Ticketing Market By Platform Type (Desktop, Mobile)
- Segmentation of Global Online Event Ticketing Market By Application (Movies, Sports, Music Events, Others)
- Statistical Snap of Global Online Event Ticketing Market
- Expansion Analysis of Global Online Event Ticketing Market
- Problems and Obstacles in Global Online Event Ticketing Market
- Competitive Landscape in the Global Online Event Ticketing Market
- Impact of COVID-19 and Demonetization on Global Online Event Ticketing Market
- Details on Current Investment in Global Online Event Ticketing Market
- Competitive Analysis of Global Online Event Ticketing Market
- Prominent Players in the Global Online Event Ticketing Market
- SWOT Analysis of Global Online Event Ticketing Market
- Global Online Event Ticketing Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Online Event Ticketing Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Online Event Ticketing Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Online Event Ticketing Market
7. Global Online Event Ticketing Market, By Platform Type (USD Million) 2020-2033
7.1. Global Online Event Ticketing Market Size, Share and Forecast, By Platform Type, 2020-20267.2. Global Online Event Ticketing Market Size, Share and Forecast, By Platform Type, 2027-20337.3. Desktop7.4. Mobile
8. Global Online Event Ticketing Market, By Application (USD Million) 2020-2033
8.1. Global Online Event Ticketing Market Size, Share and Forecast, By Application, 2020-20268.2. Global Online Event Ticketing Market Size, Share and Forecast, By Application, 2027-20338.3. Movies8.4. Sports8.5. Music Events8.6. Others
9. Global Online Event Ticketing Market Forecast, 2020-2033 (USD Million)
9.1. Global Online Event Ticketing Market Size and Market Share
10. Global Online Event Ticketing Market, By Region, 2020-2033 (USD Million)
10.1. Global Online Event Ticketing Market Size and Market Share By Region (2020-2026)10.2. Global Online Event Ticketing Market Size and Market Share By Region (2027-2033)10.3. Asia-Pacific
10.3.1. Australia10.3.2. China10.3.3. India10.3.4. Japan10.3.5. South Korea10.3.6. Rest of Asia-Pacific
10.4. Europe
10.4.1. France10.4.2. Germany10.4.3. Italy10.4.4. Spain10.4.5. United Kingdom10.4.6. Rest of Europe
10.5. Middle East and Africa
10.5.1. Kingdom of Saudi Arabia10.5.2. United Arab Emirates10.5.3. Qatar10.5.4. South Africa10.5.5. Egypt10.5.6. Morocco10.5.7. Nigeria10.5.8. Rest of Middle-East and Africa
10.6. North America
10.6.1. Canada10.6.2. Mexico10.6.3. United States
10.7. Latin America
10.7.1. Argentina10.7.2. Brazil10.7.3. Rest of Latin America
11. Company Profile
11.1. Eventbrite
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. Bigtree Entertainment Pvt. Ltd
11.2.1. Company details
11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments
11.3. SeatGeek
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. Zoonga
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. Ticketmaster Entertainment LLC (Live Nation Entertainment Inc.)
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
11.6. AXS
11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments
11.7. Viagogo Entertainment Inc.
11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments
11.8. TickPick LLC.
11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments
11.9. Ticketek Pty Ltd (TEG Pty Limited)
11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments
11.10. Ticketsauce.com Inc.
11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments
11.11. Carnival Cinemas
11.11.1. Company details11.11.2. Financial outlook11.11.3. Product summary11.11.4. Recent developments
11.12. Cinemark Holdings, Inc.
11.12.1. Company details11.12.2. Financial outlook11.12.3. Product summary11.12.4. Recent developments
11.13. Cineplex Inc.
11.13.1. Company details11.13.2. Financial outlook11.13.3. Product summary11.13.4. Recent developments
11.14. PVR LTD.
11.14.1. Company details11.14.2. Financial outlook11.14.3. Product summary11.14.4. Recent developments
11.15. EasyMovies
11.15.1. Company details11.15.2. Financial outlook11.15.3. Product summary11.15.4. Recent developments
11.16. VOX Cinemas
11.16.1. Company details11.16.2. Financial outlook11.16.3. Product summary11.16.4. Recent developments
11.17. Others
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Online Event Ticketing Market is projected to reach USD 107.7 billion by 2033, growing at a CAGR of 6.53% during the forecast period.
Online Event Ticketing Market grew in Market size from 2022. The Market is expected to reach USD 107.7 billion by 2033, at a CAGR of 6.53% during the forecast period.
Online Event Ticketing Market CAGR of 6.53% during the forecast period.
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Online Event Ticketing Market size is USD 107.7 billion from 2024 to 2033.
Online Event Ticketing Market Segment is covered By Platform Type, By Application.
The North America is anticipated to have the highest Market share in the Online Event Ticketing Market.
The key players in the Market include Companies Covered Eventbrite, Bigtree Entertainment Pvt Ltd, SeatGeek, Zoonga, Ticketmaster Entertainment LLC (Live Nation Entertainment Inc), AXS, Viagogo Entertainment Inc, TickPick LLC.
An online ticketing system for events is a special kind of platform that enables ticket vendors to sell tickets online.
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