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Online Event Ticket Sales in Australia - Industry Market Research Report

Publisher IBISWorld
Published Dec 19, 2024
Length 73 Pages
SKU # IBSS19492990

Description

Online Event Ticket Sales in Australia - Industry Market Research Report


Online Event Ticket Sales in Australia

Operators in the Online Event Ticket Sales industry act as agents for promoters and organisers of sporting, performing and other live events, selling tickets to these events on behalf of their clients. The industry generates revenue through fees charged for this service. Online ticket sellers heavily depend on the number of ticketed live events. The number of these events plummeted drastically during the COVID-19 pandemic, when the government mandated border closures, lockdowns and capacity limits. That's why revenue for online ticket sellers tanked in 2019-20 and 2020-21. But consumers gained significant confidence making online purchases during the pandemic, which turbocharged revenue growth as restrictions eased. Overall, industry revenue is expected to climb at an annualised 7.0% over the five years through 2022-23, to $413.8 million. This includes an anticipated surge of 69.9% in 2022-23.

Industry firms primarily sell tickets online to live events. Ticketed events include concerts, sporting events, live theatre and festivals. The industry also includes online ticket resellers, but does not include ticket sales at bricks-and-mortar outlets or sales made over the phone.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

73 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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