The Online Event Ticketing Market report provides a detailed evaluation of the industry by highlighting information on different aspects which include drivers, restraints, growth opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. It also provides a detailed analysis of global market size, regional and country-level market size, competitive landscape, impact of domestic market players and value chain optimization. Furthermore, it sheds light on the market contribution, recent developments and successful marketing strategies of leading companies.
Market Insights
The global online event ticketing market size is anticipated to reach USD 67.99 billion by 2025. It is anticipated to register growth with 4.8% CAGR during the forecasted period, 2018 to 2025. This growth can be associated with the shifting trend prevailing among the millennial population for usage of mobile applications to book movie and event tickets at any point of time with minimal or no charges.
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The segment of the mobile is expected to register a 7.0% CAGR during the forecasted years owing to the increasing influence of mobile phones among the millennial population. Also, rising acceptance of e-tickets and m-tickets across all theatres is expected to pave the way for the growth of such services. Moreover, features like safe, reliable, and hassle-free booking process are further anticipated to fuel up the market growth.
The sports event segment held the share of around 30% across the global market, in 2016 owing to rising influence of national and international sports among the millennial population coupled with the increasing popularity of games like FIFA World Cup, Cricket World Cup, Olympic Games, and Premier League. On the other hand, the movie segment is also gaining importance among the online ticket service providers. It is expected to witness CAGR of 7.6% from 2018 to 2025.
North America held the largest share due to the rising per capita income among the working population coupled with the surging usage of the Internet across the U.S. and Canada. Middle East and Arica is projected to hold a significant share owing to the increasing adoption of tablets and smartphones among the millennial population across countries like Turkey, UAE, and Qatar.
The online event ticketing market includes key players such as Mtime; StubHub; Razorgato; Tickpick; Ticketmaster, Big Cinemas; and Fandango. They are implementing various marketing strategies like partnerships with several financial institutions like banks to gain competitive advantage over other players.
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Online Event Ticketing Regional Outlook (USD Million, 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• Asia Pacific
• China
• Japan
• India
• Middle East & Africa
• Latin America
• Mexico
• Brazil
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June 7, 2019: The global online event ticketing market size is expected to reach USD 67.99 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 4.8% CAGR during the forecast period.
Growing demand for online ticketing can be attributed to increased Internet accessibility and overall hassle-free experience in booking processes.
Over the years, booking of tickets through smartphones and tablets has gained immense popularity on account of the perceived ease and flexibility of the procedure and user-friendly, attractive mobile interfaces developed by service providers.Download sample Copy of This Report at: https://www.radiantinsights.com/research/online-event-ticketing-market/request-sample Major ticketing vendors are focusing on providing mobile applications and making websites customer-friendly to facilitate quick and easy ticketing transactions.
Such applications enable customers to access all types of information about the event, ticket pricing, seating layouts, and other relevant information.On account of intensifying competition in the online ticketing industry, service providers are vying to secure long-term contracts with theatres, production houses, sports authorities, and local event organizers in order to ensure sustainability.
Promotion of movies, sports tournaments, music concerts, and stand-up comedy shows on the websites of service providers forms a sizeable portion of their revenue.Access This Full Report @ https://www.radiantinsights.com/research/online-event-ticketing-market Uncertainties associated with online booking of tickets are high as demand fluctuates based on the popularity of the event.
In case of movies, the stage of lifecycle a movie has reached plays a pivotal role in demand for online booking.
Online Event Ticketing Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Online Event Ticketing industry with a focus on the Chinese market.
The report provides key statistics on the market status of the Online Event Ticketing manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Overall, the report provides an in-depth insight of 2014–2024 global and Chinese Online Event Ticketing market covering all important parameters.The key points of the report:The report provides a basic overview of the industry including its definition, applications and manufacturing technology.The report explores the international and Chinese major industry players in detail.
In this part, the report presents the company profile, product specifications, capacity, production value, and 2014–2019 market shares for each company.Through the statistical analysis, the report depicts the global and Chinese total market of Online Event Ticketing industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.The report then estimates 2019–2024 market development trends of Online Event Ticketing industry.
Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.The report makes some important proposals for a new project of Online Event Ticketing Industry before evaluating its feasibility.Report Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-online-event-ticketing-2019-2024-325There are 3 key segments covered in this report: competitor segment, product type segment, end use/application segment.For competitor segment, the report includes global key players of Online Event Ticketing as well as some small players.
At least 11 companies are included:StubHubTicketmasterTickpickFandangoAOL Inc.Atom Tickets LLCThe information for each competitor includes:Company ProfileMain Business InformationSWOT AnalysisSales, Revenue, Price and Gross MarginMarket ShareFor product type segment, this report listed main product type of Online Event Ticketing market in gloabal and china.Product Type IProduct Type IIProduct Type IIIFor end use/application segment, this report focuses on the status and outlook for key applications.
End users sre also listed.DesktopMobileReasons to Purchase this Report:Estimates 2019–2024 Online Event Ticketing market development trends with the recent trends and SWOT analysisMarket dynamics scenario, along with growth opportunities of the market in the years to comeMarket segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspectsRegional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.Market value (USD Million) and volume (Units Million) data for each segment and sub-segmentCompetitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five yearsComprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players1-year analyst support, along with the data support in excel format.Any special requirements about this report, please let us know and we can provide custom report.Get the Complete Report & TOC at https://www.24marketreports.com/ict-and-media/global-online-event-ticketing-2019-2024-325CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/24-market-reports
The global online event ticketing market was valued at USD 49.53 billion in 2019 and is expected to reach USD 68.55 billion by the year 2026, at a CAGR of 4.80%.Online event ticketing is an activity that you do to book the tickets for a live or performed show or event on a location.
The increasing use of the Internet and smartphone applications to book tickets for movies, sports, and live events are expected to boost the growth.
This report supplies an in-depth geographical analysis that includes country-level markets and regional.
The report contained business practices, business strategy, sales and marketing strategy, competition acquisition spending and company coverages.
The report provides the user with insights into the manufacturing cost, raw material prices, supply chain analysis, etc.
The research report contains a comprehensive analysis of the market opportunities, import/export details, key manufacturers, market dynamics, and key regions.Browse now for Full Report Index or a Sample Copy @:https://www.introspectivemarketresearch.com/request/15188Some are the players that are considered in the coverage of this study are:Razorgato, StubHub, Ticketmaster, Tickpick, Fandango, AOL Inc., Atom Tickets LLC, Big Cinemas, Cinemark Holdings Inc., Vue Entertainment, Mtime, KyazoongaThe report offers an extensive description of the existence of the Online Event Ticketing market in various regions and countries.
