The global live event market experienced a challenging two years due to the coronavirus pandemic. However, revenues were expected to return to pre-pandemic levels across all live entertainment categories in 2022. Statista estimates that revenue from ticket sales of music events (including concerts, festivals, musicals, and opera) was forecast to reach over 31 billion U.S. dollars worldwide. Sports events were predicted to generate slightly higher revenues at 34 billion U.S. dollars.
Revenue of the live event market worldwide from 2017 to 2024, by category
(in billion U.S. dollars)
The calculation is based on Statista Digital Market Outlook figures for digital ticket sales within the relevant event categories, primary market research data from the Statista Global Consumer survey is used to calculate the offline ticket sales for the relevant markets. Gaps within the data for theater and comedy events were complimented applying statistical analysis as regression analysis and research for external sources.
Bias due to regional differences in online penetration and price differences were avoided by including the share of the online population as well as the big mac index into the Modelling approach.
Music events include concerts, music festivals, musicals, music shows, and opera.
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Statista. (July 20, 2022). Revenue of the live event market worldwide from 2017 to 2024, by category (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1302329/global-live-event-revenue-by-category/
Statista. "Revenue of the live event market worldwide from 2017 to 2024, by category (in billion U.S. dollars) ." Chart. July 20, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1302329/global-live-event-revenue-by-category/
Statista. (2022). Revenue of the live event market worldwide from 2017 to 2024, by category (in billion U.S. dollars) . Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1302329/global-live-event-revenue-by-category/
Statista. "Revenue of The Live Event Market Worldwide from 2017 to 2024, by Category (in Billion U.S. Dollars) ." Statista, Statista Inc., 20 Jul 2022, https://www.statista.com/statistics/1302329/global-live-event-revenue-by-category/
Statista, Revenue of the live event market worldwide from 2017 to 2024, by category (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1302329/global-live-event-revenue-by-category/ (last visited November 21, 2024)
Revenue of the live event market worldwide from 2017 to 2024, by category (in billion U.S. dollars) [Graph], Statista, July 20, 2022. [Online]. Available: https://www.statista.com/statistics/1302329/global-live-event-revenue-by-category/