Online Event Ticketing Market Overview:
During the forecast period of 2022–2027, the global online event ticketing market is anticipated to expand at a CAGR of 4.8%. Online ticketing systems save time for everyone by making it simple for attendees to sign up for the event in advance and check in at the venue. There won’t be any protracted registration lines, and checking in will only require the system’s app to scan a barcode or QR code. The two different types of platforms for online event ticketing are desktop and mobile.
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Online Event Ticketing Market Dynamics:
Ticketing systems and event planners can incorporate visitor screening and contact tracing into event planning. By screening attendees who exhibit symptoms and gathering contact tracing data directly from event registration systems and access control apps, ticketing platforms can adhere to local regulations and improve event safety. During this difficult time, ticketing businesses are making an effort to streamline both their internal and external operations. One of the recurrent themes at the Ticket Business Forum in 2021 and INTIX 2022 was the lively discussion of using ticketing data. For instance, sports teams are eager to test out new revenue streams by offering their customers an omnichannel experience.
Online Event Ticketing Market Segmentation:
The market is divided into Desktop and Mobile segments depending on the Platform. The mobile platform segment is anticipated to experience rapid growth between 2022 and 2027. Mobile booking seems to be a simpler process than traditional online booking via a desktop. Mobile devices are increasingly preferred as a means of ticket purchase as a result of the falling cost of internet packs. Software developers are producing user-friendly interfaces and quick updates to enhance the user experience.
Online Event Ticketing Market Key players:
- Ticketmaster
- Tickpick
- Fandango
- AOL Inc.
- Atom Tickets LLC
- com
- Big Cinemas
- Cinemark Holdings Inc.
- Eventbrite
- Live Nation Entertainment Inc.
- com
- Vue Entertainment
- Mtime
- Kyazoonga
- Bigtree Entertainment Pvt. Ltd
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Online Event Ticketing Market Research methodology:
To calculate and validate the size of the Online Event Ticketing market, top-down and bottom-up approaches are utilised. Players rigorously abide by numerous industry classification criteria in order to create an exhaustive list of functioning and important players. A thorough validation test is also carried out to determine which businesses on the market are the most pertinent for the investigation. Subscription databases like Factiva, Bloomberg, and others are used to order priority lists according to the revenue from the most recent quarter. Last but not least, the questionnaire was designed and specifically developed to meet all criteria for collection of primary data by appointment only, focusing on the main target categories. This helps us collect data on player earnings, operating expenses, profit, and the development of various goods and services, among other things. The World Bank, associations, business websites, SEC filings, OTC BB, USPTO, EPO, annual reports, press releases, and close to 70–80% of the data are acquired from primary sources before being confirmed by a range of secondary sources.
Online Event Ticketing Market Regional Analysis:
North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and South America are the five major geographic regions of the Online Event Ticketing market.
Key Features of the Reports:
- Thorough analysis of the Online Event Ticketing market.
- Regional market drivers, restraints, opportunities, and challenges.
- Detailed justifications for market share and segmentation.
- Modern market developments and trends.
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