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Global Ticket Market Analysis - Size, Trends and Forecast 2018 - 2022

Global Ticket Market Analysis - Size, Trends and Forecast 2018 - 2022

Published: Oct 2018 114 Pages SKU: IRTNTR22968

Below are some of the key findings from the ticket market research report

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Global ticket industry overview

The popularity of digital movie screens is growing as these screens provide viewers with a high-quality audiovisual (AV) experience. They enrich the experience of watching 3D movies and movies with graphics-rich content. In 2017, the global penetration of digital movie screens was nearly 100% of the global screen footprint. The rising popularity of 4K cinema halls and the availability of 4K projectors across the world will enhance the experience of watching movies. The rising popularity of IMAX and 4DX formats will also enhance the experience of the audience. For instance, IMAX Corporation installed 165 IMAX movie screen system in 2017. Hence, the growing popularity of digital movie screens will drive the growth of the global ticket market during the forecast period. International markets are a vital component of the revenue generated by Hollywood movies. The growing popularity of Hollywood movies across the globe will lead to the growth of the global ticket market during the forecast period.

An increasing number of sports events is one of the major trends being witnessed in the global ticket market. There is an increase in interest in sports events such as the Olympic games, the FIFA World Cup, the Super Bowl, and the ICC Cricket World Cup, which has resulted in an increase of sales of tickets. Sports events such as the UEFA Champions League, the Rugby World Cup, Formula 1, and Wimbledon are followed by millions of people. This has led to an increase in the number of sports events across the world. For instance, the success of the IPL, a T20 cricket league that was launched in 2008, led to the launch of similar leagues. Such developments are expected to drive the growth of the global ticket market. Owing to such factors the global ticket market is expected to register a CAGR of nearly 7% during the forecast period.

Top ticket companies covered in this market research report

Market experts have observed that the ticket market is fairly concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this ticket industry analysis report will aid clients to identify new growth opportunities and plan better strategies.

The report offers a complete analysis of various companies including:

  • AMC Theatres
  • Cinemark
  • eBay
  • Live Nation Entertainment
  • TickPick

Ticket market segmentation based on geographic regions

  • Americas
  • APAC
  • EMEA

With a complete study of the growth opportunities for the companies, the EMEA region will account for the highest growth of this market throughout the forecast period. However, the Americas held the largest share of the market in 2017, accounting for close to 42% share, followed by EMEA and APAC respectively

Ticket market segmentation based on Source

  • Primary ticket
  • Secondary ticket

The primary ticket segment will account for the largest ticket market share. It held the market share in 2017 with close to 94% share. Additionally, the report also provides an accurate prediction of the contribution of the various source segments to the growth of the ticket market size.

Key highlights of the global ticket market for the forecast years 2018-2022:

  • CAGR of the market during the forecast period 2018-2022
  • Detailed information on factors that will accelerate the growth of the ticket market during the next five years
  • Precise estimation of the global ticket market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the ticket industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on the factors that will challenge the growth of ticket companies

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Table of Contents not available.

Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

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The market is expected to grow at a CAGR of %.

market is segmented by

are a few of the key vendors in the market.

will register the highest growth rate of % among the other regions. Therefore, the market in is expected to garner significant business opportunities for the vendors during the forecast period.

  • is the driving factor this market.

The market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.