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

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.

The region with the greatest projected CAGR of 25.0% will be Asia Pacific. India and China are helping the market expand in a favorable way. The growing sporting event industry, rising per capita income, the expanding middle-class population, and rising disposable income are a few of the factors fueling market expansion in the region. Additionally, the growing popularity of major sporting events like the Tokyo Olympics and the Cricket World Cup, along with rising digitization in China and India, further fuel market expansion. Additionally, it is anticipated that the expanding smartphone sales in China, India, and other emerging economies will offer a variety of growth opportunities.