GITNUX MARKETDATA REPORT 2024

Live Entertainment Industry Statistics [Fresh Research]

With sources from: statista.com, grandviewresearch.com, broadwayleague.com, lvcva.com and many more

In this post, we’ll explore the dynamic landscape of the live entertainment industry through a collection of intriguing statistics that shed light on the industry’s economic impact, evolving trends, and consumer behaviors. From the staggering revenue figures of top tours to the transformative effects of the COVID-19 pandemic, these statistics provide a comprehensive glimpse into the world of live entertainment.

Statistic 1

"73% of live event attendees report feeling more satisfied with life after attending."

Sources Icon

Statistic 2

"The live entertainment industry employs over 5 million people worldwide."

Sources Icon

Statistic 3

"Virtual live events saw a 1000% growth following the COVID-19 pandemic."

Sources Icon

Statistic 4

"52% of live entertainment ticket buyers in the U.S. attended a concert in the past year."

Sources Icon

Statistic 5

"Concert ticket sales in North America alone generated $9.43 billion in 2019."

Sources Icon

Statistic 6

"The global live music market was valued at approximately $11.2 billion in 2022."

Sources Icon

Statistic 7

"In 2019, live theater ticket sales in Broadway grossed $1.83 billion."

Sources Icon

Statistic 8

"The economic impact of the live entertainment industry in Las Vegas was $6.6 billion in 2019."

Sources Icon

Statistic 9

"Live music events saw 40% increase in female attendance from 2015 to 2019."

Sources Icon

Statistic 10

"The global live events market is expected to grow at a CAGR of 6.6% from 2021 to 2028."

Sources Icon

Statistic 11

"85% of live music fans stream concerts online regularly."

Sources Icon

Statistic 12

"65% of Millennials prefer spending on live experiences rather than material possessions."

Sources Icon

Statistic 13

"Music concert revenues in the United States were expected to surpass $10 billion by 2023."

Sources Icon

Statistic 14

"The global esports live event audience reached 245 million in 2020."

Sources Icon

Statistic 15

"Live Nation's revenue from concerts was approximately $9.43 billion in 2018."

Sources Icon

Statistic 16

"Global stadium seating market is predicted to reach $7 billion by 2026."

Sources Icon

Statistic 17

"Over 15 million people attended Broadway shows during the 2018-2019 season."

Sources Icon

Statistic 18

"The average price of a Broadway ticket was $123.87 in the 2018-2019 season."

Sources Icon

Statistic 19

"Live theater is a $1.3 billion industry in Australia."

Sources Icon

Interpretation

The live entertainment industry has experienced significant fluctuations in recent years, with Taylor Swift's 'Reputation' Tour setting records in 2019 while the global live music industry suffered a substantial loss in revenue due to the COVID-19 pandemic in 2020. Despite challenges, the industry has shown resilience and adaptation through the rise of virtual events, particularly during the pandemic, and the promising growth expected in regions like Asia-Pacific. Live events continue to hold a strong appeal to audiences, with a majority of Americans attending live music events in 2018 and artists deriving a significant portion of their income from live performances. As the industry navigates evolving consumer behaviors and technological advancements, it remains a dynamic and vital component of the global entertainment landscape.

Can You Trust Our Report?

The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.

Learn more about our process here.

Submit Your Own Statistic Data

Would you like to submit your own researched statistics on this topic? You are welcome to use the form below and submit your suggestion to us. We will check the source and approve it if necessary.

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!