Live Music Industry Revenue - Forecast and Analysis 2022-2026
This statistic denotes the global industry revenue across several regions including North America, Europe, APAC, South America, and MEA. The live music market share is expected to increase to USD 9.87 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.85%.
The industry revenue of the global live music market has been derived by triangulating data from multiple sources and approaches. While arriving at the industry revenue, we have considered data points, such as the size of the parent market and the revenues of key market participants, such as Ace Ticket Worldwide Inc., Alliance Tickets, Bassett Events, Berkeley City Club, Brown Paper Tickets LLC, Cvent Inc., Eventbrite Inc., RazorGator LLC, Steinway Inc., and Ticketmaster Entertainment Inc..
The increased popularity of live events is notably driving the live music market growth, although factors such as the privacy and security concerns over online ticket booking platforms may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the live music industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Data Covered in this Live Music Market Report
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive live music market growth during the next five years
- Precise estimation of the live music market size and its contribution to the parent market
- Accurate predictions on upcoming live music market trends and changes in consumer behavior
- The growth of the live music industry across North America, Europe, APAC, South America, and Middle East and Africa
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of live music market vendors
To get detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans, get FREE sample report now!