U.S. Online Ticketing Industry Trends and Statistics, 2015 to 2025

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U.S. Online Ticketing Market Size, Share,
Analysis, Growth, Trends, Outlook and Forecasts
to 2025 Hexa Research
Increasing number of music and sports
events coupled with growing penetration of mobile
ticketing apps is projected to drive the U.S.
Online Ticketing Market in the coming years
12 November 2018, The U.S. online ticketing
market size is anticipated to reach USD 6.23
billion by 2025 due to increasing penetration of
smartphones and rising disposable income levels.
In addition, growing number of Internet users in
the country is likely to have a positive impact
on market growth over the next few years.
Rapidly growing entertainment and sports
industries in the country is bolstering the U.S.
online ticketing market. Furthermore, the
industry is projected to benefit from decline in
offline modes of shopping and booking
tickets. Shifting consumer preference from
offline to online methods, due to various
benefits such as time and cost saving, is also
contributing toward market development.
Growing interest of investors in mobile
application development for improved consumer
experience and convenience is likely to provide
many opportunities for the U.S. online ticketing
market. Increased usage of social media platforms
is also projected to spur market development as
these platforms enable ticket booking process
using integrated ticket system, making online
shopping more convenient and easier. This
scenario is expected to boost market growth in
U.S.
The online ticketing industry is projected to
expand at a healthy CAGR owing to major shift
from paper tickets to online ticketing options.
The industry is segregated into three main
categories comprising of music concerts and
events, sports events, and others. The others
segment, which consists of movies and other
recreational activities, led the overall market
owing to rapid growth in the entertainment sector.
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Online ticketing platforms offer users detailed
information about locations, most suitable
prices, and availability of seats without any
inconvenience. Due to all these advantages, more
people are opting for online ticketing systems,
which, in turn, drives growth. Availability of
digital payment options is also playing a crucial
role in market expansion.
Some of the prominent companies operating in the
U.S. online ticketing market are Ticketmaster
Entertainment, Inc. Live Nation Worldwide, Inc.
StubHub MovieTickets.com, LLC. and Razorgator.
These companies are concentrating on various
marketing strategies, e.g. offering additional
services, in order to improve sales.
For instance, Movietickets.com allows its
customers to discover nearby movie theaters. Live
Nation not only provides online ticketing options
but also provides time and venue details for
approaching events organized across the globe.
Hexa Research has segmented the U.S. online
ticketing market report based on types
Segmentation by type, 2014 - 2025 (USD Billion)
Music Concerts and Events Sports Events
Others
Key players analyzed Ticketmaster
Live Nation Worldwide, Inc. StubHub
MovieTickets.com, LLC. Razorgator
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Table of Content of U.S. Online Ticketing Market
Chapter 1. Executive Summary Chapter 2.
Methodology and Scope 2.1. Research
methodology 2.2. Assumptions
2.3. List of data sources
Chapter 3. Introduction
3.1. Research scope market segmentation
Chapter 4. Online Ticketing Market Trends
Drivers Opportunities 4.1. Key industry trends
4.1.1. Market drivers
4.1.2. Market restraints
4.2. Porter's Five Forces analysis Chapter 5.
Online Ticketing Market Trends, By Type 5.1. U.S.
online ticketing market movement, by Type, 2017
2025 5.1.1. Music concerts and events 5.1.1.1.
Market estimates and forecast, 2015 - 2025 (USD
Billion) 5.1.2. Sports events
5.1.2.1. Market estimates and forecast, 2015-
2025 (USD Billion) 5.1.3. Others
5.1.3.1. Market estimates and forecast, 2015 -
2025 (USD Billion) Chapter 6. Competitive
Landscape 6.1. Company market share analysis,
2017 6.2. Strategic framework
6.3. Company profiles
6.3.1. Ticketmaster
6.3.1.1. Company Overview
6.3.1.2. Product Benchmarking
6.3.1.3. Financial Performance
6.3.1.4. Recent Initiatives
6.3.2. Live Nation Worldwide, Inc. 6.3.2.1.
Company Overview
6.3.2.2. Product Benchmarking
6.3.2.3. Financial Performance
6.3.2.4. Recent Initiatives
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6.3.3. StubHub
6.3.3.1. Company Overview 6.3.3.2. Product
Benchmarking 6.3.3.3. Financial
Performance 6.3.3.4. Recent Initiatives 6.3.4.
MovieTickets.com, LLC. 6.3.4.1. Company
Overview 6.3.4.2. Product Benchmarking 6.3.4.3.
Financial Performance 6.3.4.4. Recent
Initiatives 6.3.5. Razorgator
6.3.5.1. Company Overview 6.3.5.2. Product
Benchmarking 6.3.5.3. Financial
Performance 6.3.5.4. Recent Initiatives 6.3.6.
List of other vendors
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