Global Online Event Ticketing Market Size to Exceed USD 98.40 Billion by 2033: Forecast Analysis Report

Global Online Event Ticketing Market Size to Exceed USD 98.40 Billion by 2033                

According to a research report published by Spherical Insights & Consulting, The Global Online Event Ticketing Market Size Expected to Grow from USD 54.60 Billion in 2023 to USD 98.40 Billion by 2033, at a CAGR of 6.07% during the forecast period 2023-2033.     

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Online Event Ticketing Market Size, Share, and COVID-19 Impact Analysis, By Platform (Desktop, Mobile), By Event Type (Sports, Music, Movies), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033      

The online event ticketing market refers to the purchase, sale, and distribution of tickets for events such as concerts, sports, theatre performances, and festivals on the Internet. It allows consumers to browse through the available events, select seats or tickets, pay securely, and receive electronic tickets for entry. It provides ease, eliminates the need for a physical box office, and helps event organizers use data to improve management and marketing. Moreover, the growth in smartphone and internet adoption has increased access to ticket purchases. Convenience, real-time availability, and secure payment options contribute to the growth of the market. The increasing popularity of live events, along with the rise of virtual events and hybrid models, further boosts the market. Besides that, developments in ticketing technology, like mobile ticketing and contactless entry, increase user experience. Online marketing and social media allow access to wider audiences which propels the market expansion. However, the online event ticketing market is restrained by cybersecurity concerns, high service fees, technical glitches, counterfeit tickets, and hardships in handling event cancellations or rescheduling.

The mobile segment accounted for the largest share of the global online event ticketing market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.             

On the basis of the platform, the global online event ticketing market is divided into desktop, and mobile. Among these, the mobile segment accounted for the largest share of the global online event ticketing market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.  The increased participation is also a result of widespread smartphone usage, ease of purchasing tickets on the go, and mobile-friendly ticketing applications. Mobile platforms have better user experiences with instant notifications, digital wallets, and easy access to tickets, making them the preferred choice for consumers.

The sports segment accounted for a significant share of the global online event ticketing market in 2023 and is anticipated to grow at a rapid pace during the projected period.   

On the basis of event type, the global online event ticketing market is divided into sports, music, and movies. Among these, the sports segment accounted for a significant share of the global online event ticketing market in 2023 and is anticipated to grow at a rapid pace during the projected period. A rising demand for live sports events is being generated by growing digital engagement and the increase in mobile ticketing. The advanced booking of tickets by sports fans also creates more growth in the market.  

North America is projected to hold the largest share of the global online event ticketing market over the forecast period.

North America is projected to hold the largest share of the global online event ticketing market during the projected period. The region has high internet penetration, more widespread smartphone use, and an advanced ticketing infrastructure. The market growth is further driven by popular events across the sports, music, and entertainment industries. Major ticketing industry headquarters are in North America, which allows for better market reach and easy event ticket sales across platforms.

Asia Pacific is expected to grow at the fastest CAGR growth of the global online event ticketing market during the projected period. Rapid urbanization coupled with increasing the penetration of a smartphone and connectivity through the Internet in countries, such as China, India, and Japan help the market enlarge. In fact, the further growth of ticketing is assisted by the demand for live entertainment and events followed by mobile penetration.

Company Profiling

Major vendors in the global online event ticketing market are AOL Inc. (Yahoo), Bigtree, Carnival Cinemas, Cinemark Holdings, Inc., Cineplex Inc., KyaZoonga, Inc., PVR LTD., EasyMovies, VOX Cinemas, TickPick LLC, Tickets Please, Ticketmaster, StubHub., and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In April 2023, Evvnt, a leading event ticketing, marketing, and discovery solution provider, announced a new Mobile Box Office for event gate and door sales. The mobile application will further improve the effectiveness of event organizers and venues in ticket sales check-in processes.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global online event ticketing market based on the below-mentioned segments:

Global Online Event Ticketing Market, By Platform

• Desktop
• Mobile

Global Online Event Ticketing Market, By Event Type

• Sports
• Music
• Movies

Global Online Event Ticketing Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa