Secondary Tickets Market by Event Type and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR40016
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The secondary tickets market has the potential to grow by USD 2.24 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 7.87%.

This secondary tickets market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by event type (sports events, concerts, performing arts, and movies) and geography (North America, Europe, APAC, South America, and MEA). The secondary tickets market report also offers information on several market vendors, including Coast To Coast Tickets LLC, CTS Eventim AG and Co. KGaA, Ideabud Inc., Live Nation Entertainment Inc., SeatGeek Inc., Ticket City Inc., TickPick LLC, TiqIQ LLC, Viagogo AG, and Vivid Seats LLC, among others.

What will the Secondary Tickets Market Size be in 2021?

Secondary Tickets Market Size

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Secondary Tickets Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The rising popularity of sports events is notably driving the secondary tickets market growth, although factors such as rise in fraudulent activities may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the secondary tickets market get your FREE report sample now.

This secondary tickets market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Secondary Tickets Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Coast To Coast Tickets LLC
  • CTS Eventim AG and Co. KGaA
  • Ideabud Inc.
  • Live Nation Entertainment Inc.
  • SeatGeek Inc.
  • Ticket City Inc.
  • TickPick LLC
  • TiqIQ LLC
  • Viagogo AG
  • Vivid Seats LLC

 

The secondary tickets market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the secondary tickets market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Secondary Tickets Market?

Secondary-Tickets-Market-Market-Share-by-Region-2020-2025

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44% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for secondary tickets in North America. 

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Growth in online secondary ticketing platforms will facilitate the secondary tickets market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Market Segments by Event Type in the Secondary Tickets Market?

Secondary-Tickets-Market-Market-Share-by-Event Type-2020-2025

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The secondary tickets market share growth by the sports events segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the secondary tickets market size.

 

Event-Tickets-Market-Report

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What are the Key Factors Covered in this Secondary Tickets Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive secondary tickets market growth during the next five years
  • Precise estimation of the secondary tickets market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the secondary tickets market across North America, Europe, APAC, South America, and MEA 
  • A thorough 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

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Research Framework

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.

TechnavioINFORMATION 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
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TechnavioDATA 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
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TechnavioREPORT 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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The secondary tickets market growth will increase by $2236.71 million during 2020-2025.
The secondary tickets market is expected to grow at a CAGR of 7.87% during 2020-2025.
Technavio has segmented the secondary tickets market by other1 (Sports events, Concerts, Performing arts, and Movies) and geographic (North America, Europe, APAC, South America, and MEA).
Coast To Coast Tickets LLC, CTS Eventim AG and Co. KGaA, Ideabud Inc., Live Nation Entertainment Inc., SeatGeek Inc., Ticket City Inc., TickPick LLC, TiqIQ LLC, Viagogo AG, Vivid Seats LLC are a few of the key vendors in the secondary tickets market.
North America will register the highest growth rate of 44.40% among the other regions. Therefore, the secondary tickets market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • UK
  • Canada
  • Germany
  • China
  • South Korea (Republic of Korea)
The key factors driving the secondary tickets market growth are:
  • Rising popularity of sports events
The secondary tickets market vendors should focus on grabbing business opportunities from the sports events segment as it accounted for the largest market share in the base year.
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