Music Event Market By Revenue Source, By Genre, By Type, By Age Group, By Gender : Global Opportunity Analysis and Industry Forecast, 2024-2035

Description

The music event market was valued at $250.8 billion in 2023 and is estimated to reach $775.7 billion by 2035, exhibiting a CAGR of 10.2% from 2024 to 2035.

A music event is a gathering or occasion where musical performances are showcased for an audience. These events can range from small, intimate concerts to large-scale festivals and can feature various genres, artists, and cultural influences. Music events are not only about live performances they also incorporate elements of art, culture, and community, creating memorable experiences for attendees.

The growth of the global music event market is driven by increase in disposable income, which has enabled individuals to spend more on leisure activities, including attending music events, festivals, and concerts and increase in popularity of live music experiences. As per a 2024 study by Statista, music tours reached a record revenue of $9.17 billion in 2023 from $5.55 billion in 2022. Furthermore, social media platforms and streaming services have strengthened the connection between artists and fans, encouraging attendance at live events to see favorite performers, which significantly contributes toward the market growth. Moreover, large-scale music festivals featuring diverse lineups and activities are increasingly popular, contributing to market growth through ticket sales, sponsorships, and merchandising. For instance, JamBase-a popular online platform dedicated to music and live events-recorded 2,184 music festivals in 2024, featuring 45,522 artists. In addition, music events that adopt eco-friendly practices and promote sustainability resonate with environmentally conscious consumers, driving attendance and support. A blog published in 2024 by The Ticket Fairy-a next-generation event ticketing, marketing, management, intelligence and revenue acceleration platform-revealed that 69% of the respondents are attracted toward music events & festivals that offer nature-focused experiences. However, rise in penetration of streaming services and virtual concerts offers affordable and convenient alternatives to live events, which hampers the market growth. Moreover, organizing live music events involves significant expenses, including venue rental, artist fees, technical setup, security, and marketing, which significantly restrains the growth of the global market. On the contrary, advancements on event technologies such as virtual reality, augmented reality, and advanced sound systems that enhance the event experience and attract larger and more diverse audiences are expected to offer lucrative opportunities for the expansion of the global market during the forecast period.

The global music event market is segmented into revenue source, genre, type, age group, gender, and region. By revenue source, the market is divided into tickets, sponsorships, and others. Depending on genre, it is divided into rock, pop, EDM, and others. On the basis of type, it is segregated into music festivals, music concerts, music shows, and others. Depending on age group, it is fragmented into below 20 years, 21 to 40 years, and above 40 years. By gender, it is bifurcated into male and female. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings

By revenue source, the ticket segment dominated the music events market in 2023, and is anticipated to maintain its dominance from 2024 to 2035.
On the basis of genre, the pop segment exhibited the highest growth in 2023, and is expected to continue the same trend during the forecast period.
Depending on type, the music concert segment led the music events market in 2023, and is projected to register highest growth in the near future.
As per age group, the 21-40 years segment emerged as the dominant force in 2023, and is likely to maintain the same trend throughout the forecast period.
Depending on gender, the female segment grew at a notable pace in 2023, and is anticipated to maintain its dominance during the forecast period.
Region, Europe emerged as the most lucrative market for music events market in 2023, and is expected to show robust growth throughout the forecast period.

Competitive Analysis

The key players operating in the music event market are Access Destination Services, LLC, Anschutz Entertainment Group, Basset Events, Inc., BCD Group, Colin Cowie Lifestyle, Carlson, Inc., Eventbrite, Inc., Insomniac Holdings, LLC, Outback Presents, LLC, Rafanelli Events, and Live Nation. These players have adopted acquisition, agreement, collaboration, joint venture, partnership, and product launch as their key developmental strategies to sustain the intense competition and gain a strong foothold in the global market.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the music event market analysis from 2023 to 2035 to identify the prevailing music event market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the music event market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global music event market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
Free data Pack on the Five and Enterprise User License. (Excel version of the report)
Free Updated report if the report is 6-12 months old or older.
24-hour priority response*
Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Brands Share Analysis
Criss-cross segment analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Key player details (including location, contact details, supplier/vendor network etc. in excel format)
List of customers/consumers/raw material suppliers- value chain analysis

Key Market Segments

By Revenue Source

Tickets
Sponsorship
Others

By Genre

Rock
Pop
EDM
Others

By Type

Music Festivals
Music Concerts
Music Shows
Others

By Age Group

Below 20 Years
21 to 40 Years
Above 40 Years

By Gender

Male
Female

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Singapore
- Rest of Asia-Pacific
LAMEA
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Argentina
- Rest of LAMEA

Key Market Players:

ACCESS DESTINATION SERVICES
Anschutz Entertainment Group
Basset Events, Inc.
BCD GROUP
Carlson, Inc.
Eventbrite, Inc.
Insomniac Holdings. LLC.
Live Nation
Outback Presents, LLC.
Rafanelli Events, Inc.
Colin Cowie Lifestyle

Product Code: A08029

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. High bargaining power of suppliers
- 3.3.2. Moderate threat of new entrants
- 3.3.3. Moderate threat of substitutes
- 3.3.4. Moderate intensity of rivalry
- 3.3.5. Moderate bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Surge in music tourism
  - 3.4.1.2. Live music events are expected to boost the market growth
  - 3.4.1.3. Rise in disposable income
- 3.4.2. Restraints
  - 3.4.2.1. Dynamic government policies pertaining to data protection
  - 3.4.2.2. Entry barriers due to presence of existing giant players
  - 3.4.2.3. High operational cost involved in organizing events
- 3.4.3. Opportunities
  - 3.4.3.1. Rising penetration of m-commerce
  - 3.4.3.2. Surge in investments ininfrastructural development

CHAPTER 4: MUSIC EVENT MARKET, BY REVENUE SOURCE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Tickets
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Sponsorship
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Others
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country

CHAPTER 5: MUSIC EVENT MARKET, BY GENRE

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Rock
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Pop
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. EDM
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Others
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country

CHAPTER 6: MUSIC EVENT MARKET, BY TYPE

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Music Festivals
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Music Concerts
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. Music Shows
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
6.5. Others
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country

CHAPTER 7: MUSIC EVENT MARKET, BY AGE GROUP

7.1. Overview
- 7.1.1. Market size and forecast
7.2. Below 20 Years
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
7.3. 21 to 40 Years
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
7.4. Above 40 Years
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country

CHAPTER 8: MUSIC EVENT MARKET, BY GENDER

8.1. Overview
- 8.1.1. Market size and forecast
8.2. Male
- 8.2.1. Key market trends, growth factors and opportunities
- 8.2.2. Market size and forecast, by region
- 8.2.3. Market share analysis by country
8.3. Female
- 8.3.1. Key market trends, growth factors and opportunities
- 8.3.2. Market size and forecast, by region
- 8.3.3. Market share analysis by country

CHAPTER 9: MUSIC EVENT MARKET, BY REGION

9.1. Overview
- 9.1.1. Market size and forecast By Region
9.2. North America
- 9.2.1. Key market trends, growth factors and opportunities
- 9.2.2. Market size and forecast, by Revenue Source
- 9.2.3. Market size and forecast, by Genre
- 9.2.4. Market size and forecast, by Type
- 9.2.5. Market size and forecast, by Age Group
- 9.2.6. Market size and forecast, by Gender
- 9.2.7. Market size and forecast, by country
  - 9.2.7.1. U.S.
  - 9.2.7.1.1. Market size and forecast, by Revenue Source
  - 9.2.7.1.2. Market size and forecast, by Genre
  - 9.2.7.1.3. Market size and forecast, by Type
  - 9.2.7.1.4. Market size and forecast, by Age Group
  - 9.2.7.1.5. Market size and forecast, by Gender
  - 9.2.7.2. Canada
  - 9.2.7.2.1. Market size and forecast, by Revenue Source
  - 9.2.7.2.2. Market size and forecast, by Genre
  - 9.2.7.2.3. Market size and forecast, by Type
  - 9.2.7.2.4. Market size and forecast, by Age Group
  - 9.2.7.2.5. Market size and forecast, by Gender
  - 9.2.7.3. Mexico
  - 9.2.7.3.1. Market size and forecast, by Revenue Source
  - 9.2.7.3.2. Market size and forecast, by Genre
  - 9.2.7.3.3. Market size and forecast, by Type
  - 9.2.7.3.4. Market size and forecast, by Age Group
  - 9.2.7.3.5. Market size and forecast, by Gender
9.3. Europe
- 9.3.1. Key market trends, growth factors and opportunities
- 9.3.2. Market size and forecast, by Revenue Source
- 9.3.3. Market size and forecast, by Genre
- 9.3.4. Market size and forecast, by Type
- 9.3.5. Market size and forecast, by Age Group
- 9.3.6. Market size and forecast, by Gender
- 9.3.7. Market size and forecast, by country
  - 9.3.7.1. Germany
  - 9.3.7.1.1. Market size and forecast, by Revenue Source
  - 9.3.7.1.2. Market size and forecast, by Genre
  - 9.3.7.1.3. Market size and forecast, by Type
  - 9.3.7.1.4. Market size and forecast, by Age Group
  - 9.3.7.1.5. Market size and forecast, by Gender
  - 9.3.7.2. France
  - 9.3.7.2.1. Market size and forecast, by Revenue Source
  - 9.3.7.2.2. Market size and forecast, by Genre
  - 9.3.7.2.3. Market size and forecast, by Type
  - 9.3.7.2.4. Market size and forecast, by Age Group
  - 9.3.7.2.5. Market size and forecast, by Gender
  - 9.3.7.3. UK
  - 9.3.7.3.1. Market size and forecast, by Revenue Source
  - 9.3.7.3.2. Market size and forecast, by Genre
  - 9.3.7.3.3. Market size and forecast, by Type
  - 9.3.7.3.4. Market size and forecast, by Age Group
  - 9.3.7.3.5. Market size and forecast, by Gender
  - 9.3.7.4. Italy
  - 9.3.7.4.1. Market size and forecast, by Revenue Source
  - 9.3.7.4.2. Market size and forecast, by Genre
  - 9.3.7.4.3. Market size and forecast, by Type
  - 9.3.7.4.4. Market size and forecast, by Age Group
  - 9.3.7.4.5. Market size and forecast, by Gender
  - 9.3.7.5. Spain
  - 9.3.7.5.1. Market size and forecast, by Revenue Source
  - 9.3.7.5.2. Market size and forecast, by Genre
  - 9.3.7.5.3. Market size and forecast, by Type
  - 9.3.7.5.4. Market size and forecast, by Age Group
  - 9.3.7.5.5. Market size and forecast, by Gender
  - 9.3.7.6. Netherlands
  - 9.3.7.6.1. Market size and forecast, by Revenue Source
  - 9.3.7.6.2. Market size and forecast, by Genre
  - 9.3.7.6.3. Market size and forecast, by Type
  - 9.3.7.6.4. Market size and forecast, by Age Group
  - 9.3.7.6.5. Market size and forecast, by Gender
  - 9.3.7.7. Rest of Europe
  - 9.3.7.7.1. Market size and forecast, by Revenue Source
  - 9.3.7.7.2. Market size and forecast, by Genre
  - 9.3.7.7.3. Market size and forecast, by Type
  - 9.3.7.7.4. Market size and forecast, by Age Group
  - 9.3.7.7.5. Market size and forecast, by Gender
9.4. Asia-Pacific
- 9.4.1. Key market trends, growth factors and opportunities
- 9.4.2. Market size and forecast, by Revenue Source
- 9.4.3. Market size and forecast, by Genre
- 9.4.4. Market size and forecast, by Type
- 9.4.5. Market size and forecast, by Age Group
- 9.4.6. Market size and forecast, by Gender
- 9.4.7. Market size and forecast, by country
  - 9.4.7.1. China
  - 9.4.7.1.1. Market size and forecast, by Revenue Source
  - 9.4.7.1.2. Market size and forecast, by Genre
  - 9.4.7.1.3. Market size and forecast, by Type
  - 9.4.7.1.4. Market size and forecast, by Age Group
  - 9.4.7.1.5. Market size and forecast, by Gender
  - 9.4.7.2. Japan
  - 9.4.7.2.1. Market size and forecast, by Revenue Source
  - 9.4.7.2.2. Market size and forecast, by Genre
  - 9.4.7.2.3. Market size and forecast, by Type
  - 9.4.7.2.4. Market size and forecast, by Age Group
  - 9.4.7.2.5. Market size and forecast, by Gender
  - 9.4.7.3. India
  - 9.4.7.3.1. Market size and forecast, by Revenue Source
  - 9.4.7.3.2. Market size and forecast, by Genre
  - 9.4.7.3.3. Market size and forecast, by Type
  - 9.4.7.3.4. Market size and forecast, by Age Group
  - 9.4.7.3.5. Market size and forecast, by Gender
  - 9.4.7.4. South Korea
  - 9.4.7.4.1. Market size and forecast, by Revenue Source
  - 9.4.7.4.2. Market size and forecast, by Genre
  - 9.4.7.4.3. Market size and forecast, by Type
  - 9.4.7.4.4. Market size and forecast, by Age Group
  - 9.4.7.4.5. Market size and forecast, by Gender
  - 9.4.7.5. Australia
  - 9.4.7.5.1. Market size and forecast, by Revenue Source
  - 9.4.7.5.2. Market size and forecast, by Genre
  - 9.4.7.5.3. Market size and forecast, by Type
  - 9.4.7.5.4. Market size and forecast, by Age Group
  - 9.4.7.5.5. Market size and forecast, by Gender
  - 9.4.7.6. Singapore
  - 9.4.7.6.1. Market size and forecast, by Revenue Source
  - 9.4.7.6.2. Market size and forecast, by Genre
  - 9.4.7.6.3. Market size and forecast, by Type
  - 9.4.7.6.4. Market size and forecast, by Age Group
  - 9.4.7.6.5. Market size and forecast, by Gender
  - 9.4.7.7. Rest of Asia-Pacific
  - 9.4.7.7.1. Market size and forecast, by Revenue Source
  - 9.4.7.7.2. Market size and forecast, by Genre
  - 9.4.7.7.3. Market size and forecast, by Type
  - 9.4.7.7.4. Market size and forecast, by Age Group
  - 9.4.7.7.5. Market size and forecast, by Gender
9.5. LAMEA
- 9.5.1. Key market trends, growth factors and opportunities
- 9.5.2. Market size and forecast, by Revenue Source
- 9.5.3. Market size and forecast, by Genre
- 9.5.4. Market size and forecast, by Type
- 9.5.5. Market size and forecast, by Age Group
- 9.5.6. Market size and forecast, by Gender
- 9.5.7. Market size and forecast, by country
  - 9.5.7.1. Brazil
  - 9.5.7.1.1. Market size and forecast, by Revenue Source
  - 9.5.7.1.2. Market size and forecast, by Genre
  - 9.5.7.1.3. Market size and forecast, by Type
  - 9.5.7.1.4. Market size and forecast, by Age Group
  - 9.5.7.1.5. Market size and forecast, by Gender
  - 9.5.7.2. South Africa
  - 9.5.7.2.1. Market size and forecast, by Revenue Source
  - 9.5.7.2.2. Market size and forecast, by Genre
  - 9.5.7.2.3. Market size and forecast, by Type
  - 9.5.7.2.4. Market size and forecast, by Age Group
  - 9.5.7.2.5. Market size and forecast, by Gender
  - 9.5.7.3. Saudi Arabia
  - 9.5.7.3.1. Market size and forecast, by Revenue Source
  - 9.5.7.3.2. Market size and forecast, by Genre
  - 9.5.7.3.3. Market size and forecast, by Type
  - 9.5.7.3.4. Market size and forecast, by Age Group
  - 9.5.7.3.5. Market size and forecast, by Gender
  - 9.5.7.4. UAE
  - 9.5.7.4.1. Market size and forecast, by Revenue Source
  - 9.5.7.4.2. Market size and forecast, by Genre
  - 9.5.7.4.3. Market size and forecast, by Type
  - 9.5.7.4.4. Market size and forecast, by Age Group
  - 9.5.7.4.5. Market size and forecast, by Gender
  - 9.5.7.5. Argentina
  - 9.5.7.5.1. Market size and forecast, by Revenue Source
  - 9.5.7.5.2. Market size and forecast, by Genre
  - 9.5.7.5.3. Market size and forecast, by Type
  - 9.5.7.5.4. Market size and forecast, by Age Group
  - 9.5.7.5.5. Market size and forecast, by Gender
  - 9.5.7.6. Rest of LAMEA
  - 9.5.7.6.1. Market size and forecast, by Revenue Source
  - 9.5.7.6.2. Market size and forecast, by Genre
  - 9.5.7.6.3. Market size and forecast, by Type
  - 9.5.7.6.4. Market size and forecast, by Age Group
  - 9.5.7.6.5. Market size and forecast, by Gender

CHAPTER 10: COMPETITIVE LANDSCAPE

10.1. Introduction
10.2. Top winning strategies
10.3. Product mapping of top 10 player
10.4. Competitive dashboard
10.5. Competitive heatmap
10.6. Top player positioning, 2023

CHAPTER 11: COMPANY PROFILES

11.1. ACCESS DESTINATION SERVICES
- 11.1.1. Company overview
- 11.1.2. Key executives
- 11.1.3. Company snapshot
- 11.1.4. Operating business segments
- 11.1.5. Product portfolio
- 11.1.6. Key strategic moves and developments
11.2. Anschutz Entertainment Group
- 11.2.1. Company overview
- 11.2.2. Key executives
- 11.2.3. Company snapshot
- 11.2.4. Operating business segments
- 11.2.5. Product portfolio
11.3. Basset Events, Inc.
- 11.3.1. Company overview
- 11.3.2. Key executives
- 11.3.3. Company snapshot
- 11.3.4. Operating business segments
- 11.3.5. Product portfolio
11.4. BCD GROUP
- 11.4.1. Company overview
- 11.4.2. Key executives
- 11.4.3. Company snapshot
- 11.4.4. Operating business segments
- 11.4.5. Product portfolio
11.5. Carlson, Inc.
- 11.5.1. Company overview
- 11.5.2. Key executives
- 11.5.3. Company snapshot
- 11.5.4. Operating business segments
- 11.5.5. Product portfolio
11.6. Colin Cowie Lifestyle
- 11.6.1. Company overview
- 11.6.2. Key executives
- 11.6.3. Company snapshot
- 11.6.4. Operating business segments
- 11.6.5. Product portfolio
11.7. Eventbrite, Inc.
- 11.7.1. Company overview
- 11.7.2. Key executives
- 11.7.3. Company snapshot
- 11.7.4. Operating business segments
- 11.7.5. Product portfolio
- 11.7.6. Business performance
- 11.7.7. Key strategic moves and developments
11.8. Insomniac Holdings. LLC.
- 11.8.1. Company overview
- 11.8.2. Key executives
- 11.8.3. Company snapshot
- 11.8.4. Operating business segments
- 11.8.5. Product portfolio
- 11.8.6. Key strategic moves and developments
11.9. Live Nation
- 11.9.1. Company overview
- 11.9.2. Key executives
- 11.9.3. Company snapshot
- 11.9.4. Operating business segments
- 11.9.5. Product portfolio
- 11.9.6. Business performance
- 11.9.7. Key strategic moves and developments
11.10. Outback Presents, LLC.
- 11.10.1. Company overview
- 11.10.2. Key executives
- 11.10.3. Company snapshot
- 11.10.4. Operating business segments
- 11.10.5. Product portfolio
11.11. Rafanelli Events, Inc.
- 11.11.1. Company overview
- 11.11.2. Key executives
- 11.11.3. Company snapshot
- 11.11.4. Operating business segments
- 11.11.5. Product portfolio