Sports Events Tickets Market Size, Share, Growth Analysis, By Ticket type(Digital Tickets, Online Printable Tickets, and Paper Tickets), By Price range(Low-range, Mid-range, and Premium), By Sales Channel(Online and Offline), By Region - Industry Forecast 2024-2031

Global Sports Events Tickets Market size was valued at USD 13.32 billion in 2021 and is poised to grow from USD 15.47 billion in 2022 to USD 43.82 billion by 2030, growing at a CAGR of 13.9% in the forecast period (2023-2030).

The market for sporting event tickets is always evolving. Players constantly introduce new techniques in an effort to maintain a competitive edge in the market. Market participants are concentrating on expanding R&D spending to develop novel and alluring solutions for consumers to make buying event tickets easier on the market. Major players are also focusing on new demographics and geographic areas to boost sales of their products, either by entering the market on their own or by working with regional sporting event organizers throughout the world. 'Live Nation Entertainment Inc.', 'Ticketmaster Entertainment Inc.', 'StubHub Inc.', 'TickPick LLC', 'Viagogo AG', 'SeatGeek Inc.', 'RazorGator Inc.', 'Tickets.com Inc.', 'TicketCity Inc.', 'TicketNetwork Inc.', 'Vivid Seats LLC', 'Ticketek Pty Ltd', 'CTS Eventim AG & Co. KGaA', 'AXS Group LLC', 'Eventbrite Inc.', 'Ticketbis S.L.', 'Fanxchange Inc.', 'Gametime United Inc.', 'Ticketfly Inc.', 'Flash Seats LLC', 'In October 2022, Sports and live entertainment lovers were urged to buy tickets through the trivago-branded accommodation search engine "AXS.com" thanks to a partnership between the top global accommodation search platform trivago and the AXS Group LLC.', 'In October 2022, Events.com announced that it had acquired the assets of Brown Paper Tickets (BPT), a global provider of tickets with clients in over 120 countries.'

The increasing popularity of various sports events such as football, cricket, basketball, and others, is a major driver of the sports event’s tickets market.

With the growing popularity of the internet, digital ticketing is becoming increasingly popular. More and more sports events are adopting digital ticketing, which allows consumers to purchase and manage their tickets online or through mobile applications.

In 2021, North America had the biggest revenue share (51.28%), and it is expected that it is going to remain dominant for the duration of the forecast. A noticeable increase in major events, such as the US Open (tennis), Super Bowl, Daytona 500, and National Basketball Association, is projected to boost growth. (NBA). The popularity of sporting events in North America drives growth. In the upcoming years, the National Basketball Association (NBA), Super Bowl, Daytona 500, and US Open Tennis are projected to have a big impact on the industry. The demand for tickets to sporting events is growing along with the number of viewers for such events. For instance, National Football League (NFL) games in the 2020–21 season drew a combined 1.3 million spectators.