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The U.S. online ticketing market size was valued at USD 4.87 billion in 2017 and is expected to grow further over the forecast period. Increasing number of music and sports events coupled with growing penetration of mobile ticketing apps is projected to drive the industry in the coming years.
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Your Catalyst To a Lucrative Business U.S. Online Ticketing Market Size, Share, Analysis, Growth, Trends, Outlook and Forecasts to 2025 | Hexa Research “Increasing number of music and sports events coupled with growing penetration of mobile ticketing apps is projected to drive the U.S. Online Ticketing Market in the coming years.” 29 October 2018, The U.S. online ticketing market size is anticipated to reach USD 6.23 billion by 2025 due to increasing penetration of smartphones and rising disposable income levels. In addition, growing number of Internet users in the country is likely to have a positive impact on market growth over the next few years. Rapidly growing entertainment and sports industries in the country is bolstering the U.S. online ticketing market. Furthermore, the industry is projected to benefit from decline in offline modes of shopping and booking tickets. Shifting consumer preference from offline to online methods, due to various benefits such as time and cost saving, is also contributing toward market development. Growing interest of investors in mobile application development for improved consumer experience and convenience is likely to provide many opportunities for the U.S. online ticketing market. Increased usage of social media platforms is also projected to spur market development as these platforms enable ticket booking process using integrated ticket system, making online shopping more convenient and easier. This scenario is expected to boost market growth in U.S. The online ticketing industry is projected to expand at a healthy CAGR owing to major shift from paper tickets to online ticketing options. The industry is segregated into three main categories comprising of music concerts and events, sports events, and others. The others segment, which consists of movies and other recreational activities, led the overall market owing to rapid growth in the entertainment sector. Browse Details of Report @ https://www.hexaresearch.com/research-report/us-online-ticketing-market Follow Us:
Your Catalyst To a Lucrative Business Online ticketing platforms offer users detailed information about locations, most suitable prices, and availability of seats without any inconvenience. Due to all these advantages, more people are opting for online ticketing systems, which, in turn, drives growth. Availability of digital payment options is also playing a crucial role in market expansion. Some of the prominent companies operating in the U.S. online ticketing market are Ticketmaster Entertainment, Inc.; Live Nation Worldwide, Inc.; StubHub; MovieTickets.com, LLC.; and Razorgator. These companies are concentrating on various marketing strategies, e.g. offering additional services, in order to improve sales. For instance, Movietickets.com allows its customers to discover nearby movie theaters. Live Nation not only provides online ticketing options but also provides time and venue details for approaching events organized across the globe. Hexa Research has segmented the U.S. online ticketing market report based on types Segmentation by type, 2014 - 2025 (USD Billion) • Music Concerts and Events • Sports Events • Others Key players analyzed • Ticketmaster • Live Nation Worldwide, Inc. • StubHub • MovieTickets.com, LLC. • Razorgator Browse Related Category Market Reports@ https://www.hexaresearch.com/research-category/digital- media-industry Follow Us:
Your Catalyst To a Lucrative Business Table of Content of U.S. Online Ticketing Market Chapter 1. Executive Summary Chapter 2. Methodology and Scope 2.1. Research methodology 2.2. Assumptions 2.3. List of data sources Chapter 3. Introduction 3.1. Research scope & market segmentation Chapter 4. Online Ticketing Market Trends: Drivers & Opportunities 4.1. Key industry trends 4.1.1. Market drivers 4.1.2. Market restraints 4.2. Porter's Five Forces analysis Chapter 5. Online Ticketing Market Trends, By Type 5.1. U.S. online ticketing market movement, by Type, 2017 & 2025 5.1.1. Music concerts and events 5.1.1.1. Market estimates and forecast, 2015 - 2025 (USD Billion) 5.1.2. Sports events 5.1.2.1. Market estimates and forecast, 2015- 2025 (USD Billion) 5.1.3. Others 5.1.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion) Chapter 6. Competitive Landscape 6.1. Company market share analysis, 2017 6.2. Strategic framework 6.3. Company profiles 6.3.1. Ticketmaster 6.3.1.1. Company Overview 6.3.1.2. Product Benchmarking 6.3.1.3. Financial Performance 6.3.1.4. Recent Initiatives 6.3.2. Live Nation Worldwide, Inc. 6.3.2.1. Company Overview 6.3.2.2. Product Benchmarking Follow Us:
Your Catalyst To a Lucrative Business 6.3.2.3. Financial Performance 6.3.2.4. Recent Initiatives 6.3.3. StubHub 6.3.3.1. Company Overview 6.3.3.2. Product Benchmarking 6.3.3.3. Financial Performance 6.3.3.4. Recent Initiatives 6.3.4. MovieTickets.com, LLC. 6.3.4.1. Company Overview 6.3.4.2. Product Benchmarking 6.3.4.3. Financial Performance 6.3.4.4. Recent Initiatives 6.3.5. Razorgator 6.3.5.1. Company Overview 6.3.5.2. Product Benchmarking 6.3.5.3. Financial Performance 6.3.5.4. Recent Initiatives 6.3.6. List of other vendors Follow Us:
Your Catalyst To a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - https://www.hexaresearch.com Follow Us:
