Secondary Tickets Market- Roadmap for Recovery from COVID-19 | Growth in Online Secondary Ticketing Platforms to Boost Market Growth | Technavio
Technavio has been monitoring the secondary tickets market and it is poised to grow by USD 6.96 billion during 2020-2024, progressing at a CAGR of almost 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
Frequently Asked Questions-
Based on segmentation by event type, which is the leading segment in the market?
The sports events are expected to be the leading segment based on event type in the global market during the forecast period.
What are the major trends in the market?
Use of blockchain for ticketing is one of the major trends in the market.
At what rate is the market projected to grow?
Growing at a CAGR of almost 9%, the incremental growth of the market is anticipated to grow by USD 6.96 billion.
Who are the top players in the market?
Coast To Coast Tickets LLC, eBay Inc., Ideabud Inc., Live Nation Entertainment Inc., SeatGeek Inc., Ticket City Inc., TickPick LLC, TiqIQ LLC, viagogo AG, and Vivid Seats LLC. are some of the major market participants.
What are the key market drivers?
Growth in online secondary ticketing platforms is one of the major factors driving the market.
How big is the North America market?
The North America region will contribute 41% of market growth.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Coast To Coast Tickets LLC, eBay Inc., Ideabud Inc., Live Nation Entertainment Inc., SeatGeek Inc., Ticket City Inc., TickPick LLC, TiqIQ LLC, viagogo AG, and Vivid Seats LLC are some of the major market participants. The growth in online secondary ticketing platforms will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The secondary tickets market report covers the following areas:
Secondary Tickets Market Size
Secondary Tickets Market Trends
Secondary Tickets Market Analysis
This study identifies use of blockchain for ticketing as one of the prime reasons driving the secondary tickets market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist secondary tickets market growth during the next five years
Estimation of the secondary tickets market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the secondary tickets market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of secondary tickets market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Value Chain Analysis
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2019
Market outlook
Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: CUSTOMER LANDSCAPE
PART 07: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity
PART 08: MARKET SEGMENTATION BY EVENT TYPE
Market segmentation by event type
Comparison by event type
Sports events - Market size and forecast 2019-2024
Concerts - Market size and forecast 2019-2024
Performing arts - Market size and forecast 2019-2024
Movies - Market size and forecast 2019-2024
Market opportunity by event type
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 11: MARKET TRENDS
Adoption of dynamic pricing
Use of blockchain for ticketing
Increasing implementation of verified fan schemes
PART 12: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 13: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
Coast To Coast Tickets LLC
eBay Inc.
Ideabud Inc.
Live Nation Entertainment Inc.
SeatGeek Inc.
Ticket City Inc.
TickPick LLC
TiqIQ LLC
viagogo AG
Vivid Seats LLC
PART 14: APPENDIX
Research methodology
List of abbreviations
Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
About Us
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