PUBLISHER: TechNavio | PRODUCT CODE: 1491511
PUBLISHER: TechNavio | PRODUCT CODE: 1491511
The live music market is forecasted to grow by USD 35563.9 mn during 2023-2028, accelerating at a CAGR of 17.38% during the forecast period. The report on the live music market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for live music experiences, increasing emphasis on wellness and sustainability at live music events, and growing affordability of tickets for live music events.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 13.27% |
CAGR | 17.38% |
Incremental Value | $35563.9mn |
Technavio's live music market is segmented as below:
ByRevenue
ByGenre
ByGeography
This study identifies the rise in adoption of virtual and hybrid live music experiences as one of the prime reasons driving the live music market growth during the next few years. Also, rising demand for diversity and inclusivity at live music events and increasing adoption of dj software to produce music will lead to sizable demand in the market.
The report on the live music market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading live music market vendors that include Alliance Tickets, Bassett Events Inc., Coast To Coast Tickets LLC, CTS Eventim AG and Co. KGaA, Eventbee Inc., Eventbrite Inc., Event.com Inc., Live Nation Entertainment Inc., Lyte Inc., SeatGeek Inc., Sunrise Records Ltd., The Ticketline Network Ltd., Ticket City Inc., TicketNetwork Inc., TickPick LLC, TiqIQ LLC, TodayTix Inc., Viagogo Entertainment Inc., Vivendi SE, and Vivid Seats Inc.. Also, the live music market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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