According to the market research report released by Technavio, the global live music market is expected to accelerate at a CAGR of almost 8% during the forecast period. The growing affordability for high-priced event tickets is one of the key factors triggering the growth of the market.

According to the market research report released by @Technavio, the global #livemusic market is expected to accelerate at a CAGR of almost 8% until 2021.

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This research report titled ‘Global Live Music Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time only:View market snapshot before purchasing

The market research analysis categorizes the global live music market into the following genres:

• Pop
• Rock
• High-pop
• EDM
• Metal

In 2016, the pop segment accounted for 18% of the total market share and is expected to continue to contribute the highest market share for the next four years.

Global live music market: Top emerging trend

The evolution of mobile ticket sales is an emerging trend in the live music market space. Event managers and organizers have introduced advanced and upgraded solutions such as mobile ticket sales to allow users to choose events and venues using the app. This maximizes the comfort of consumers by enabling them to book tickets at their convenience and store them in their devices. In addition, it eliminates the need to carry a hard copy of the ticket to the venue.

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Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavio’s report provides expert market research on the following topics:

Executive Report

• Market Outline
• Global Live Music Market Overview

Market Insights

• Market Sizing and Forecasts
• Market Growth
• Market Drivers and Challenges
• Key Emerging Trends

Market Segmentation Analysis

• Regional comparison (APAC, Americas, and EMEA)
• Key leading countries
• Market segmentation by genre (pop, rock, high-pop, EDM, and metal)

Vendor Landscape

• Vendor classification
• Market positioning of vendors
• Competitive scenario
• Analysis of top vendors (Bassett Events, Cvent, RazorGator, and Ticketmaster)

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.