Online Event Ticketing Market Size, Industry Share and Forecast, 2030

5 min readMar 11, 2024

According to the report published by Zion Market Research, the global Online Event Ticketing market size was valued at USD 76.14 billion in 2022 and is predicted to reach USD 112.74 billion by the end of 2030. The market is expected to grow with a CAGR of 5.05% during the forecast period. The report analyzes the global Online Event Ticketing market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Online Event Ticketing industry.

Global Online Event Ticketing Market: Overview

An online event ticketing system is a unique platform that enables merchants to sell tickets online. It is the type of software for a one-stop shop for booking tickets using smart devices. The internet ticketing system has benefited both buyers and vendors. It enabled a more efficient workflow in assisting management, sales, marketing, and support beams to initiate the necessary actions for a seamless customer experience.The online ticketing system provides retailers with capabilities such as real-time analytics for tracking sales and statistics.

Online Event Ticketing Market

Global Online Event Ticketing Market: Growth Factors

The global online event ticketing market is predicted to grow tremendously, with a steady CAGR. The expansion of internet services and an increase in the use of smart gadgets have accelerated industry growth. Consumer preferences were strongly influenced by their shifting lifestyles. Nowadays, shifting consumer habits, such as opting for online ticketing to avoid long lines, have favorably impacted market growth.Rigorous promotional tactics had expertly played with the minds of users. People all throughout the world appreciate digital transformations. The service providers are working hard to give a user-friendly and seamless internet experience to the audience. These techniques brought various improvements, such as enhanced payment options using artificial intelligence, app integration with social media to enhance user engagement,

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People’s growing confidence in online payment methods for money transactions is a major growth driver in the online ticketing sector. Rising income in developing and underdeveloped countries has benefited the market. Customers’ growing interest in leisure and entertainment services had pushed the market upward.To entice customers, service providers are offering appealing deals and discounts. People save more money when they do their transactions online rather than offline. Many apps provide a VIP subscription model to strengthen their connection to customers. The spread of COVID-19 had impacted the global online event ticketing sector. However, better control over the epidemic may result in favorable trends in the online tickets markets.

Global Online Event Ticketing Market: Segmentation

The global online market is segmented by platform, event type, and geography. The market is divided into two platforms: smartphones and desktops.Tickets purchased via smartphones demonstrated a considerable increase in CAGR. Smartphone penetration has increased due to the availability of low-cost internet services and high-speed 3G and 4G networks. The ability to book online tickets anytime and anywhere using smartphones is a crucial feature that has fueled the rise of the smartphone market sector. With an increasing number of smartphone users, service providers are focusing more on improving the user experience on their mobile devices. The market is divided into events such as music, movies, stand-up comedy, opera, and others.

Global Online Event Ticketing Market: Segmentation

With an increasing number of smartphone users, service providers are focusing more on improving the user experience on their mobile devices. The market is divided into events such as music, movies, stand-up comedy, opera, and others.Increasing audience interest in sporting events helps to strengthen the sports category. Several online events, like the Olympic Games, FIFA World Cup, and National Football League, have large followings. The number of people purchasing tickets for stand-up comedy gigs online has increased significantly. The worldwide preference for live stand-up comedy events over traditional entertainment mediums drives the global online event ticketing business.

Global Online Event Ticketing Market: Regional analysis

North America has the highest proportion of the worldwide online event ticketing market. The increasing penetration of internet services and per capita income in industrialized nations such as Canada drive the online ticketing sector.The US is expected to have rapid growth in the future years. The availability of advanced bookings and preferred seating in developing nations such as India has significantly boosted the worldwide online event ticketing business in the Asia-Pacific region.

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