Growing live event infrastructure, a rise in disposable income, and the evolution of mobile ticket sales have created big growth opportunities in the global secondary ticket market, where many world’s leading ticket resellers are making huge revenues every year, contributing significantly to the global ticket market.
According to a new report from Technavio, the global secondary ticket market is expected to reach a total value of $15.19 billion by 2020. The report identifies that the increased utilization of mobile apps will be one of the major factors that will have a positive impact on the growth of the market. Technavio’s market research analysts predict that this market will grow at a CAGR of around 13% by 2021. With the global mobile apps market growing extensively, many service providers are developing their mobile applications to offer the ease of access and use to the customers. Moreover, the growth in the sporting events and live concerts have led to numerous event organizers tying up with the online and offline and primary and secondary ticket providers to reach out to the audiences through both the platforms.
Secondary, or reseller tickets are dominated by the sporting events segment, which overshadows both concerts and theatre with a market share of 54.73%. This is partially due to the sheer popularity of large sporting events like the Olympics and the FIFA World Cup, and also because of the high price point of yearly events like the Super Bowl. The increase of the ticket price coupled with the emergence of online marketplaces for buying and selling tickets has given the global secondary tickets market a boost in recent years.
Technavio analysts have identified the top 13 ticket resellers are expected to continue driving growth in the industry over the next four years.
For more information about global secondary ticket market size, top ticket resellers, and future trends in this industry, please check Technavio’s Global Secondary Tickets Market Report 2017-2021, or download your FREE Global Secondary Tickets Market Report Sample now!
Top 13 Ticket Resellers Worldwide
“Ace Ticket is a Boston-based ticket broker selling tickets to sports, concerts and theater events nationwide. Ace Ticket is an active member of the National Association of Ticket Brokers, a founding member of the Massachusetts Association of Ticket Brokers, a proud member of the Better Business Bureau and the Greater Boston Chamber of Commerce.”
“Alliance Tickets is a ticket broker, with local offices in Denver, Seattle, and Las Vegas. Our goal for over 25 years has been customer service. We are confident that you will receive the most courteous, professional, and personalized service in the ticket industry from our highly trained sales associates. You will also be impressed by the numerous seating options that we can customize to fit your individual taste and budget! Whether the event you are looking for is local, national, or international, we will use our extensive contacts to acquire tickets for you!”
Related market report: Global Event Tickets Market 2018-2022
“Coast To Coast Tickets is your connection to great tickets, nice people and a fantastic buying experience. Whether enjoying our secure online shopping or ordering by phone, at Coast To Coast Tickets our goal is to satisfy customers every day by connecting them with the best tickets on the secondary market for high demand events and premium seats to events, local and nationwide. We research events to find information such as on sale dates, tour schedules, and seating charts. We search for the seats you want and provide a full list of what is available. We find tickets for otherwise sold-out events. In short, we do the searching for you, and we make it possible for you to buy tickets to an event, even at the last minute.”
“GoTickets.com sells tickets and hotel travel packages for hard-to-find concert, sports and theater events. GoTickets.com also offers customized hotel packages, top corporate speakers and special business thank-yous. Ticket packages make great gifts for corporate incentives, birthdays, anniversaries and Christmas.”
“Founded in 2001, we are passionate sports, music and theater fans, just like you! With many years in the ticketing industry and a knowledgeable, experienced staff (with an average tenure of 6 years), we go to bat to ensure tickets made easy every time.”
Related market report: Global Live Music Market 2017-2021
“At StubHub, our mission is simple: help fans find fun. We connect fans with their favorite teams, shows and artists and introduce them to the ones they’ll love next. And as one of the world’s largest ticket marketplaces, we enable fans to buy and sell tens of thousands of tickets, whenever they want, through our desktop and mobile experiences, including our apps for iPhone, iPad, Apple Watch and Android. StubHub reinvented the ticket resale market in 2000 and continues to lead it through innovation.”
“TicketCity is a ticket marketplace that specializes in sports events. For 25 years TicketCity has been the leading destination for sports tickets, helping thousands of fans each month easily find and buy tickets. TicketCity is reliable connection to more than 100,000 events and backs every order with TicketCity’s 100% Guarantee. TicketCity has one of the largest networks of professional suppliers and major media, college and pro team partners including CBS Sports, Baylor Bears, Vanderbilt Commodores, and Houston Cougars.”
“Tickets.com, Inc. is a privately held subsidiary of MLB Advanced Media, LP, the interactive media and Internet division of Major League Baseball. First incorporated in 1995 and later rebranded as Tickets.com, Inc. in 2001, the company was initially a merger of nine ticketing firms. Tickets.com is our website that helps fans search and explore the world’s live entertainment tickets from Baseball to Bieber. Our goal is to offer these services in a way that makes the fun of a live event start with the purchase process, not just when you arrive at the venue.”
Related market report: Global Sporting Events Market 2017-2021
“At Ticketmaster, we strive to put fans first. Every day we’re listening to your feedback and working to improve your experience before, during, and after events. In 2010, Ticketmaster and Live Nation merged to create Live Nation Entertainment. Now you have more options than ever to enjoy live events, and things are only getting better.”
“TickPick is where smart fans buy tickets.We are a no-fee ticket marketplace that is changing the industry. We’re growing rapidly thanks to cheaper prices, an amazing buyer experience, and a novel approach to the secondary ticket market.”
“TiqIQ was founded in 2009 with the singular mission to make buying event tickets more transparent, efficient, and simpler. We deliver on that mission each day by providing ticket buyers with real-time information on the latest price trends and access to the best deals from all sellers–for any event. Since launching, we’ve grown to become the largest aggregator of event tickets online, reaching millions of consumers a month through TiqIQ.com, as well as our network of nearly 1,500 publishers that consist of the best sports and music sites online.”
“Viagogo is the world’s largest ticket marketplace, with operations in nearly 60 countries. We provide choice, convenience and consumer protection, so that people can buy and sell tickets for live events all over the world with confidence. Our secure online ticket marketplace has tickets to thousands of sports and entertainment events, even if they are sold out at the box office. Learn more about the services we offer by watching the short film below.”
“We know that the live event experience starts long before you step into the venue. From the moment you learn about the event, you start figuring out if you can go, who you want to go with, and where you want to sit. Those decisions are all part of what can make the experience great… or, on the other hand, a frustrating hassle. With this in mind, we created Vivid Seats to reinvent the ticket purchasing experience. We have the best tools in the industry for you to learn, shop, share, plan, and organize your live event experience. We continually invest in our site’s functionality and information so that you can go from start-to-finish faster and easier than on any other ticket website.”
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