What is the Online Event Ticket Sales industry?
The industry is in the growth stage of its life cycle. Technological change has been at a moderate level over the past five years, making it easier to create an online ticket-sales platform and lowering overall costs. While this has allowed new players to enter the industry, it has also led to increasing profit margins as more consumers choose online platforms in favour of more traditional means, expanding the industry's market. In the 10 years through 2020-21, industry value added is expected to grow at a compound annual rate of 3.7%. This is faster than forecast growth in GDP of 2.6% annualised over the same period... purchase to read more