Global Secondary Tickets Market 2016-2020 - High Returns for Low Investment - Research and Markets

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/r3xgp2/global_secondary) has announced the addition of the "Global Secondary Tickets Market 2016-2020" report to their offering.

The global market for secondary tickets is expected to exhibit significant growth during the forecast period and is positively affected by the recent increase in the number of sporting and live events. This recent rise in the number of sporting and live events is envisaged to result in this market's remarkable CAGR of more than 19% by 2020.

The increasing number of sporting events is a major trend witnessed in the market. Sporting events such as the Olympics, FIFA, Super Bowl, and Cricket World Cup are gaining high traction and are watched by millions of the population across the world. The growing passion for such sports is attracting higher numbers of people to witness the event at the venue, which is increasing the number of tickets being sold each year, resulting in high growth in the global secondary tickets market.

According to the report, high returns for low investment is a key driver in the market. The secondary market consists of several providers selling event tickets at various price ranges. Secondary ticket providers buy the event tickets in bulk, when their cost is low. As the date of the event approaches and the demand increases, resellers start selling the tickets at an increased price, which increases their revenue.

Further, the report states that the availability of live broadcasts on television is a major challenge witnessed in the market as these eliminate the need for a viewer to watch the show at the event venue.

Key vendors in this market are:

  • RazorGator
  • StubHub
  • Ticketmaster Entertainment
  • TickPick

Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Key vendor analysis

For more information visit http://www.researchandmarkets.com/research/r3xgp2/global_secondary

Contacts

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Sector: Media and Entertainment

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Media and Entertainment