28.03.2022 Views

Sports Events Tickets Market To Witness An Excellent Progress with Revenue $18.79 Billion By 2028

The global sports events tickets market size was valued at USD 6.0 Billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 16.5% from 2021 to 2028.

The global sports events tickets market size was valued at USD 6.0 Billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 16.5% from 2021 to 2028.

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Europe held a significant market share of more than 20.0% in 2020. Well-developed countries such as Germany, the

U.K., and France are positively contributing to the market revenue. The high revenue share of Europe can be accredited

to the strong presence of large sports event organizing companies and ticket providers in the region and the longexisting

demand for online tickets. Additionally, higher GDP, per capita income, and per capita spending on sports

events and cultural activities in the European countries altogether result in strong sales of event tickets in the region.

Sports Events Tickets Market Report Highlights

• The digital tickets segment is anticipated to register a CAGR of 17.3% from 2021 to 2028. A significant rise in

smartphone users and the growing trend of e-tickets across the globe are anticipated to contribute to the

growth of the segment

• The paper tickets segment held the largest revenue share of more than 60% in 2020. A large portion of

conventional paper tickets used in the sports events industries such as football and cricket supported the

revenue growth of the segment

• Europe held a revenue share of more than 20.0% in 2020, due to the strong and wide presence of the key

players and long-standing demand for online ticket booking for sports events owing to a high number of

smartphone users in the region

Sports Events Tickets Market Segmentation

Million Insights has segmented the global sports events tickets market based on type and region:

• Sports Events Tickets Type Outlook (Revenue, USD Million, 2017 - 2028)

• Digital Tickets

• Online Printable Tickets

• Paper Tickets

• Sports Events Tickets Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America

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