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Featuring Top 5 Vendors in the Global Live Music Market Report | Competitive Landscape and Key Product Offerings | Technavio

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Feb 26, 2021, 11:00 ET

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NEW YORK, Feb. 26, 2021 /PRNewswire/ -- The global live music market has the potential to grow by USD 10.66 billion during 2020-2024, according to the latest market research report by Technavio. Donwload Free Sample Report Delivered Instantly

The report highlights key products offered by the top five vendors and their contribution to the overall growth of the market.

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Live Music Market by Revenue, Genre, and Geography - Forecast and Analysis 2020-2024
Live Music Market by Revenue, Genre, and Geography - Forecast and Analysis 2020-2024

Increased booking of tickets by mobile apps will be crucial in driving the growth of the global live music market during the forecast period. The rise in the number of live events has led event organizers to collaborate with online ticket providers to improve reach. This has increased the number of mobile apps that offer convenience for individuals to book tickets. Also, these apps provide easy payment options and allow customers to select preferred seats. This growing trend is expected to offer significant opportunities for market vendors during the forecast period.

"The increase in service offerings by event organizers has been a prominent factor in boosting the market growth. Also, the increased spending capacity of consumers will positively impact the market as well as the specialized consumer services industry in the forthcoming years", says an analyst at Technavio.

Develop Smart Strategies for Your Business: Grab an Exclusive Free Sample Report Now!

Live Music Market: Competitive Vendor Landscape

The market is concentrated due to the presence of few players. Cvent Inc., Eventbrite Inc., RazorGator LLC, Steinway Inc., and Ticketmaster Entertainment Inc. are some of the major market participants. To help clients improve their market position, this live music market report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies.

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Top Five Vendors in the Global Live Music Market:

Ace Ticket Worldwide Inc.

Ace Ticket Worldwide Inc. operates its business through segments such as Concerts, Theatre & Arts, and Others. The company offers tickets for different concerts such as Billy Joel, Maroon 5, Bon Jovi, and others.

alliancetickets.com

alliancetickets.com operates its business through segments such as Sports, Concerts, and Theater. The company offers ticket booking services for sports events, concerts, and theaters.

Bassett Events Inc.

Bassett Events Inc. operates its business through segments such as Events and Weddings. The company organizes various events for private and corporate clients.

Berkeley City Club

Berkeley City Club operates its business through segments such as Hotel, Dining, Weddings, and Others. The company offers event spaces, fine dining restaurants, and private social clubs for various events.

Brown Paper Tickets LLC

Brown Paper Tickets LLC operates its business through segments such as Event organizers and Ticket buyers. The company offers event management services and ticket booking services for the organization of music events.

Related Reports on Consumer Discretionary Include:

Global Vinyl Records Market – Global vinyl records market is segmented by product (LP/EP vinyl records and single vinyl records), distribution channel (independent stores, online retail channels, and supermarkets/department stores), and geography (APAC, Europe, MEA, North America, and South America). Get an Exclusive Free Sample Report

Global Musical Instrument Market – Global musical instrument market is segmented by product (string instruments, piano and keyboards, drums and percussion instruments, and others) and geography (APAC, Europe, MEA, North America, and South America). Get an Exclusive Free Sample Report

To learn more about the global trends impacting the future of market research, Download a Free Sample Report

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Report: www.technavio.com/report/live-music-market-industry-analysis

SOURCE Technavio

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