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Event Promotion and Management Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Event Promotion and Management Services Market Research Report | ANZSIC N7299 | Apr 2016

Just the ticket: The industry's ticketing services segment is being shaken up by new entrants

IBISWorld’s Event Promotion and Management Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 11-16
1.3%
Annual Growth 16-21
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Profit
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Employment
20,280
Businesses
4,369
Industry Analysis & Industry Trends

The Event Promotion and Management Services industry has grown at a steady rate over the past five years, benefiting from higher downstream demand from a range of businesses, industries and households. These clients include industry associations hosting conferences for member organisations, government departments holding exhibitions for communities and households purchasing tickets for music concerts and major sporting events. Each of these markets requires event promotion and management services provided by the industry. With stable demand for industry services, industry revenue is projected to increase at a compound annual rate of 1.3% over the five years through 2015-16, to $3.0 billion. This includes a forecast 3.3%... purchase to read more

Industry Report - Industry Investment Chapter

Although capital intensity for the industry is at a low level, it can vary across different segments. The majority of depreciation expenses occur in ticketing agencies, where there are high levels of capital investment in software and infrastructure to support online services. Capital intensity is lower in event management and event promotion, with wages accounting for a high proportion of industry revenue to organise exhibitions and conferences.

To calculate the capital intensity level, IBISWorld uses data from the industry cost structure. Depreciation is used as a proxy for capital, while wages are used as a proxy for labour. In 2015-16, depreciation is projected to account for 4.7% of industry revenue, with wages at 44.9%... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Event Promotion and Management Services Industry?

Industry participants primarily provide event management, event promotion and ticketing services. The industry also includes tourist information centre operations and fundraising on a commission or fee basis.

Industry Products
Event management servicesTicketing servicesEvent promotion servicesTourist information centre operationOther event services
 
Industry Activities
Event managementSports ticketingSports, art and similar event promotion (without facilities)Theatre and concert bookingTourist information centre operationFundraising on commission or fee basis


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