The global revenue in the 'Music Events' segment of the eservices market was forecast to continuously increase between 2024 and 2028 by in total 3 billion U.S. dollars (+8.74 percent). After the eighth consecutive increasing year, the indicator is estimated to reach 37.2 billion U.S. dollars and therefore a new peak in 2028.
Data provided by Statista Market Insights are estimates.
Definition:
The Music Events market consists of the sale of online tickets for all music-related events. This includes concerts, festivals, musicals, music shows and operas. The market covers digital tickets with QR codes, as well as the purchase of paper tickets that are bought online and posted to an address or are available at a physical collection point. Users refer to active ticket buyers, independent of the number of tickets purchased in one booking.
Additional Information
Data icludes revenue figuresin Gross Merchandise Value (GMV), Users, average revenue per user (ARPU), and user penetration rate. User and revenue figures represent B2C services.
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Statista. (December 6, 2023). Revenue of the music events market worldwide from 2019 to 2028 (in million U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/forecasts/893897/music-events-online-revenue-by-segment-worldwide
Statista. "Revenue of the music events market worldwide from 2019 to 2028 (in million U.S. dollars)." Chart. December 6, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/forecasts/893897/music-events-online-revenue-by-segment-worldwide
Statista. (2023). Revenue of the music events market worldwide from 2019 to 2028 (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/forecasts/893897/music-events-online-revenue-by-segment-worldwide
Statista. "Revenue of The Music Events Market Worldwide from 2019 to 2028 (in Million U.S. Dollars)." Statista, Statista Inc., 6 Dec 2023, https://www.statista.com/forecasts/893897/music-events-online-revenue-by-segment-worldwide
Statista, Revenue of the music events market worldwide from 2019 to 2028 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/893897/music-events-online-revenue-by-segment-worldwide (last visited August 25, 2024)
Revenue of the music events market worldwide from 2019 to 2028 (in million U.S. dollars) [Graph], Statista, December 6, 2023. [Online]. Available: https://www.statista.com/forecasts/893897/music-events-online-revenue-by-segment-worldwide