Concert Market Global Analysis 2017 Global Concert Market Size, Trends & Forecasts (20 | Page 2

Concert Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecasts – 2021
Concert Market has increased at a significant CAGR during the years 2011-2015 and projections are made
that the market would rise in the next four years i.e. 2016-2020 tremendously. The concert market is
expected to increase due to growth in urban population, improving global infrastructure, increasing global
GDP and GDP per-capita, increase in use of smartphones, etc. Yet the market faces some challenges such
as, safety issues, competitive guarantee and downturn in global economy.
Concert or the live music is a performance in front of the large audience. The live performance generates
revenue through sale of tickets of the concerts to fans, advertising and sponsorships. The concerts are held
in varying size of settings that include private houses, small nightclubs, concert halls, entertainment
centres, parks to large multipurpose buildings and sports stadiums, etc. The concerts are live events that
work with professional audio equipment.
The Concert Industry operates encompassing several players such as fans, ticket vendor, promoter, artist,
manager, sponsor and venues.
The concept of music industry business revolves around the fundamental that companies and individuals
make revenues and profits by creating and selling recorded music, live music performances (also known as
concerts) and videos of songs and instrumental pieces.
Company Coverage: AEG Live (AEG Worldwide),Live Nation Entertainment, Inc.,Marek Lieberberg
Konzertagentur (CTS Eventim AG & Co. KGaA).
Complete report available at http://www.marketreportsonline.com/500311.html