Connect with us

Technology

Secondary Tickets Market size is set to grow by USD 9.05 billion from 2025-2029, rising popularity of sports events boost the market- Technavio

Published

on

NEW YORK, Jan. 28, 2025 /PRNewswire/ — The global secondary tickets market size is estimated to grow by USD 9.05 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  8.4%  during the forecast period. rising popularity of sports events is driving market growth, with a trend towards adoption of dynamic pricing  However, growing consumption of online content  poses a challenge.Key market players include Ace Ticket LLC, Anschutz Entertainment Group Inc., Citizen Ticket Ltd., Coast To Coast Tickets LLC, CTS Eventim AG and Co. KGaA, eBay Inc., Eventbee Inc., Eventbrite Inc., Face-value Alliance Ticketing Ltd., Ideabud LLC, Live Nation Entertainment Inc., PrimeSport LLC, SeatGeek Inc., Ticket City Inc., TicketNetwork Inc., TickPick LLC, TiqIQ LLC, Twickets Ltd., Viagogo Entertainment Inc., and Vivid Seats Inc..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- Buy Report

Secondary Tickets Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 8.4%

Market growth 2025-2029

USD 9.05 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.8

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 28%

Key countries

US, UK, Canada, China, Germany, Japan, India, South Korea, France, and Brazil

Key companies profiled

Ace Ticket LLC, Anschutz Entertainment Group Inc., Citizen Ticket Ltd., Coast To Coast Tickets LLC, CTS Eventim AG and Co. KGaA, eBay Inc., Eventbee Inc., Eventbrite Inc., Face-value Alliance Ticketing Ltd., Ideabud LLC, Live Nation Entertainment Inc., PrimeSport LLC, SeatGeek Inc., Ticket City Inc., TicketNetwork Inc., TickPick LLC, TiqIQ LLC, Twickets Ltd., Viagogo Entertainment Inc., and Vivid Seats Inc.

Market Driver

The secondary tickets market, which includes the resale of tickets for sold-out concerts, big athletic events, and blockbuster theatrical plays, has seen a significant spike in demand due to customer willingness for participation in these events. However, this trend comes with risks such as fraudulent activities, unfair competition, and moral concerns. Dishonest persons use bots and sophisticated algorithms to buy tickets in restricted quantities and resell them at exorbitant costs through third-party platforms. This not only results in inflated prices but also deceptive advertising and consumer complaints. Ethical concerns arise as sincere fans are priced out, while scalpers command a global market. Blockchain technology offers a solution through ticket ownership and authentic tickets at acceptable prices. Consumers seek user-friendly ecosystems that prioritize equitable ticket allocation and security measures. Technological changes continue to impact the market, with automated scalping and professional resellers/brokers facing increased competition from individual sellers. The entertainment industry and urbanization fuel the demand for digital platforms, trips, and experiences, making it essential to address the risks and maintain customer trust. 

Dynamic pricing is a pricing strategy that allows businesses to adjust ticket prices based on current market demand. In the secondary tickets market, this strategy is commonly used by sports teams and event organizers. Prices can fluctuate based on various factors such as holidays, player injuries, team records, day of the week, and weather forecasts. However, most organizations set rules to prevent prices from exceeding or dropping below predetermined limits. This approach ensures that ticket prices remain fair and accessible to fans while maximizing revenue. Dynamic pricing is an effective tool for managing inventory and demand in the secondary tickets market. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

Market Challenges

The secondary tickets market presents significant challenges for both official channels and consumers. With sold-out concerts, big athletic events, and blockbuster theatrical plays creating high demand, the resale of tickets through secondary ticket marketplaces has become a common occurrence. However, this market is fraught with fraudulent activities, including ticket scalping and dishonest persons using automated software like bots. Moral concerns arise due to inflated prices and deceptive advertising, putting sincere fans at a disadvantage. The risks associated with the secondary tickets market include unfair competition, exorbitant costs, and consumer complaints. Event participation is a fundamental right, and the ethical implications of ticket ownership and authenticity are crucial. The use of blockchain technology can help ensure ticket ownership and authenticity, providing acceptable prices for consumers. The global market for secondary tickets is a commanding presence, with individual sellers, professional resellers/brokers, and sophisticated bots dominating the landscape. Technological changes, such as automated scalping and algorithms, add complexity to the ecosystem. As the entertainment industry continues to urbanize and digital platforms become more prevalent, it is essential to address the risks and ensure equitable ticket allocation in a user-friendly ecosystem.In 2021, the online video market experienced a significant growth, with a ten-fold increase in the number of videos watched compared to previous years. This trend was driven by the increasing average Internet speed worldwide. Developing countries, such as Pakistan, India, and Brazil, saw notable increases of 56%, 71%, and 32% respectively. Network providers have responded by offering affordable monthly and weekly Internet packages, making connectivity accessible to a larger audience. These economic data plans have contributed to a growth in the number of Internet users.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This secondary tickets market report extensively covers market segmentation by  

Type 1.1 Sports events1.2 Concerts1.3 Performing arts1.4 MoviesMode Of Booking2.1 Online2.2 OfflineGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Sports events-  The sports events segment is the largest contributor to the global secondary tickets market, driven by the popularity of various sports such as rugby, soccer, football, cricket, baseball, and tennis. The number of attendees for major sports events, including the NFL, MLB, UEFA Champions League, and Super Bowl, has risen significantly, leading to an increase in sales of secondary tickets. Season ticket holders, who buy subscriptions for the entire or part of a season, often resell unused tickets on secondary platforms. However, the sports industry was negatively impacted by the COVID-19 pandemic in 2020, resulting in the cancellation or postponement of numerous international, regional, and national sports events. This decline in demand for sports tickets is expected to slow down the market growth during the forecast period. However, with the global economy recovering from the pandemic and the easing of lockdown measures, the secondary tickets market is anticipated to regain momentum and grow during the forecast period.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

The secondary tickets market refers to the buying and selling of tickets for events that have already been sold out through unofficial channels. This marketplace caters to the high demand for participation in sold-out concerts, big athletic events, and blockbuster theatrical plays. However, it is fraught with risks, including fraudulent activities, unfair competition, and ethical concerns. Fraudulent persons, bots, and dishonest scalpers exploit the restricted quantity of tickets available and the spike in demand to resell tickets at exorbitant costs. This not only violates customer trust but also creates a moral dilemma for sincere fans who are willing to pay a fair price for their desired event experience. The convenience of purchasing tickets from secondary ticket marketplaces can be tempting, but the risks of encountering deceptive advertising, inflated prices, and third-party platforms that may not deliver authentic tickets are significant. Ultimately, it is essential to be aware of the potential risks and ethical considerations when engaging in the secondary tickets market.

Market Research Overview

The secondary tickets market refers to the buying and selling of tickets for events outside of official channels. This marketplace is characterized by high demand for tickets to sold-out concerts, big athletic events, and blockbuster theatrical plays, leading to a spike in demand and exorbitant costs. However, this market is not without its challenges. Fraudulent activities, such as unfair competition and ticket scalping, pose risks for both buyers and sellers. Ethical concerns surrounding the resale of tickets at inflated prices have led to moral debates. Customer willingness and convenience drive the market, but the risks of fraudulent activities, including the use of bots and deceptive advertising, can erode customer trust. Blockchain technology is being explored as a solution to ensure ticket ownership and authenticity, providing consumers with acceptable prices and equitable ticket allocation. The user-friendly ecosystem of third-party platforms and the commanding presence of scalpers and professional resellers/brokers make up the global market. Consumer complaints and technological changes continue to shape the market, with sophisticated bots and algorithms posing new challenges. Ultimately, the secondary tickets market is a reflection of customers’ appetite for experiences and the entertainment industry’s ability to meet that demand.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeSports EventsConcertsPerforming ArtsMoviesMode Of BookingOnlineOfflineGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

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 17,000 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.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/secondary-tickets-market-size-is-set-to-grow-by-usd-9-05-billion-from-2025-2029–rising-popularity-of-sports-events-boost-the-market–technavio-302360888.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

TCL Congratulates Spain’s National Football Team on a Historic Championship Victory

Published

on

By

TCL joins supporters across Spain in celebrating La Roja’s return to the summit of international football

PARIS, July 21, 2026 /PRNewswire/ — TCL, a leading global consumer electronics brand and premium partner of the Royal Spanish Football Federation (RFEF), congratulates the Spanish national football team, who picked up the biggest trophy of the summer this weekend.

Sixteen years after La Roja’s first triumph, Spain has once again delivered a defining moment in the country’s sporting history. Since 2023, TCL has supported the Royal Spanish Football Federation, sharing the passion for a sport capable of uniting generations and creating unforgettable moments for fans globally.

“Congratulations to La Roja on this extraordinary achievement. Their journey reflects the talent, determination and collective spirit that make football a powerful source of inspiration,” said Stefan Streit, CMO at TCL Europe. “As premium partner of the Royal Spanish Football Federation, we are proud to celebrate alongside supporters across Spain and help fans experience the games through the latest technologies.”

A Victory Shared Beyond the Stadium

At a time when entertainment is enjoyed across multiple devices, a major football final remains one of the few occasions that can gather families and friends around the same screen. These are the moments TCL builds its entertainment technology to serve.

The TCL SQD-Mini LED TV Series is designed to bring greater scale, detail and intensity to live sport, combining precise light control, vivid colour and immersive large-screen viewing. Paired with powerful home audio, TCL televisions help audiences follow the movement of the match, hear the energy of the crowd and experience every moment with greater impact.

Beyond home entertainment, TCL’s wider ecosystem of air conditioners, refrigerators, washing machines and connected lifestyle products supports comfort throughout the home, whether families are preparing for the match, welcoming friends or celebrating together after the final whistle.

Supporting La Roja and the Power of Sport

TCL takes pride in its extensive sports sponsorships and in supporting leading national football teams across Europe.

As premium partner of the Royal Spanish Football Federation, TCL brings the passion and determination of La Roja closer to supporters while reinforcing its commitment to enhancing the way major sporting moments are experienced at home.

In Italy, TCL partners with the Federazione Italiana Giuoco Calcio, supporting the viewing experience for Azzurri fans. The company is also present in Germany as official partner of the German Football Association, alongside its support for the Polish, Czech and Slovak national football teams. TCL is also a global partner of Arsenal Football Club, extending its connection with football fans across international markets.

TCL’s commitment to sport also extends beyond football. Most recently, the company became a Worldwide Olympic and Paralympic Partner through to 2032, supporting fan and athlete experiences across the Olympic and Paralympic Games. This reflects TCL’s long-term commitment to using technology to enhance the sporting experience and its belief in the power of sport to unite cultures, communities and generations.

Discover TCL products designed to elevate the home viewing experience: https://www.tcl.com/eu/en

About TCL

TCL Electronics specializes in the research, development and manufacturing of consumer electronics including TVs, mobile devices, audio devices, smart home products and appliances. Combining thoughtful design and innovative technology to inspire greatness, our lineup delivers must-have features and meaningful experiences. As one of the world’s largest consumer electronics brands, our vertically integrated supply chain, and state-of-the-art display panel factory help TCL deliver innovation for all. For more information, please visit: https://www.tcl.com

TCL is a registered trademark of TCL Corporation. All other trademarks are the property of their respective owners. 

Photo – https://mma.prnewswire.com/media/3006928/image1.jpg
Photo – https://mma.prnewswire.com/media/3006929/image2.jpg

View original content:https://www.prnewswire.co.uk/news-releases/tcl-congratulates-spains-national-football-team-on-a-historic-championship-victory-302830226.html

Continue Reading

Technology

Unlimited Systems Data Breach Exposes Patient Health and Personal Information: Edelson Lechtzin LLP Investigates Class Action Claims

Published

on

By

National data breach law firm offering free case evaluations to individuals whose personal and protected health information may have been exposed after an unauthorized actor accessed files maintained by healthcare software vendor Unlimited Technology Systems, LLC.

NEWTOWN, Pa., July 20, 2026 /PRNewswire/ — Edelson Lechtzin LLP, a national class action law firm, is investigating data privacy claims arising from the Unlimited Systems data breach, a cybersecurity incident that exposed personal and protected health information maintained by Unlimited Technology Systems, LLC (“Unlimited”), a healthcare practice management software and revenue cycle management company. Unlimited disclosed the incident in a sample notice submitted to the Iowa Attorney General’s Office on July 1, 2026, after determining that an unauthorized actor had accessed files containing the personal and health information of patients served through its practice management software.

What Happened

On October 19, 2025, Unlimited Technology Systems detected unauthorized activity within its commercial data center and launched an investigation with the assistance of a cybersecurity forensic firm. That investigation determined that, between October 5, 2025, and October 10, 2025, an unauthorized actor accessed files and may have obtained copies of personal information belonging to patients of the healthcare providers Unlimited serves. Unlimited states that it notified law enforcement and conducted a review of the data involved, and it later disclosed the incident to state regulators, including through a sample notice submitted to the Iowa Attorney General’s Office on July 1, 2026. The total number of individuals affected nationwide has not been publicly disclosed.

Information Exposed

The Unlimited Systems data breach may have compromised both personally identifiable information (PII) and protected health information (PHI). The PII potentially involved includes names, Social Security numbers, dates of birth, email and mailing addresses, phone numbers, demographic information, and scanned documents such as copies of driver’s licenses or other government identification, insurance cards, and intake forms. The PHI potentially involved includes health insurance policy numbers, claims and benefits information, medical record numbers, dates of service, and diagnosis information.

Who Is Behind the Unlimited Systems Data Breach?

As of Unlimited’s disclosure, no data extortion or ransomware group has publicly claimed responsibility for the attack, and Unlimited has not publicly identified the responsible threat actor.

Who May Be Impacted

Patients of healthcare providers that use Unlimited Technology Systems’ practice management software — including individuals who receive notice that their information was involved in the incident — may face an increased risk of identity theft and fraud.

Your Legal Options

Edelson Lechtzin LLP is investigating a potential class action to pursue legal remedies on behalf of individuals whose sensitive personal and protected health information may have been compromised in the Unlimited Systems breach. The firm will evaluate your rights and potential claims at no cost.

Contact Us for a Free Case Evaluation

Speak confidentially with a data privacy attorney today: Marc Edelson, Esq., Edelson Lechtzin LLP, 411 S. State Street, Suite N-300, Newtown, PA 18940; Phone: 844-696-7492 ext. 2; Email: medelson@edelson-law.com; Web: www.edelson-law.com. Or click HERE to request a free consultation.

Recommended Protective Steps

Review account statements, credit reports, and explanation-of-benefits statements from your health insurer regularly, and remain vigilant for suspicious activity. If Unlimited Technology Systems offered you complimentary identity monitoring services through Kroll, consider enrolling using the activation code and verification ID included in your notification letter before the deadline stated in the notice. Confirm whether your information was involved in the incident and preserve any letters or emails you received about the breach. Consider placing fraud alerts and credit monitoring, and consider requesting an IRS Identity Protection PIN to guard against tax-related fraud. Those with questions may also call the dedicated assistance line at 844-576-3063.

About Unlimited Technology Systems

Unlimited Technology Systems, LLC is a healthcare software and revenue cycle management company based in Montgomery, Ohio. It provides practice management software to healthcare organizations and providers and processes data on their behalf, which is why patients of those providers may be affected by this incident even without a direct relationship with the company.

About Edelson Lechtzin LLP

Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to data breach litigation, the firm handles class and collective actions involving securities and investment fraud, federal antitrust violations, ERISA employee benefit plans, wage theft, and consumer fraud

Media and Partnership Inquiries: Use the contact information above to connect with our team regarding interviews, co-counsel opportunities, and referral partnerships.

Legal Notice: This press release may be considered Attorney Advertising in some jurisdictions.

View original content to download multimedia:https://www.prnewswire.com/news-releases/unlimited-systems-data-breach-exposes-patient-health-and-personal-information-edelson-lechtzin-llp-investigates-class-action-claims-302830236.html

SOURCE Edelson Lechtzin LLP

Continue Reading

Technology

Binance Further Expands VIP Access with Updated Holder and OTC Criteria

Published

on

By

Lower Holder VIP 3 threshold and OTC Spot Volume recognition make VIP progression more accessible

ABU DHABI, UAE, July 21, 2026 /PRNewswire/ — Binance today announced further updates to its VIP Program criteria, lowering the VIP 3 Wallet Assets threshold and integrating OTC Spot Trading Volume into Spot Trading Volume calculations for VIP qualification.

The updates build on Binance’s March 2026 VIP Program refresh, which lowered selected VIP thresholds and introduced new pathways to recognize high-value users earlier in their journey. The latest changes are designed to make VIP status more accessible for eligible holders and to better recognize users who are active across both Spot and OTC trading.

Effective July 21, 2026 at 08:00 UTC, the Wallet Assets requirement for VIP 3 will be reduced from $3,000,000 to $1,000,000. The change enables more eligible holders to access VIP 3 benefits, including applicable VIP fee rates, priority support, higher limits, advanced insights, event invitations, and other VIP-only benefits.

Binance is also updating how OTC Spot Trading Volume contributes to VIP qualification. From the same effective date, OTC Spot Trading Volume will count at a 4x multiplier toward Spot Trading Volume. For example, $1 million in OTC Spot Trading Volume will count as $4 million toward the applicable Spot Trading Volume threshold.

In addition, OTC-related VIP qualification will no longer be capped at VIP 4. By incorporating OTC Spot Trading Volume into the broader Spot Trading Volume metric, eligible users may now progress through the full VIP framework up to VIP 9, subject to meeting the applicable BNB Balance and qualification requirements.

“We continue to refine the Binance VIP Program to better reflect how our users engage across the platform,” said Catherine Chen, Head of VIP and Institutional at Binance. “By lowering the VIP 3 asset holding threshold and recognizing OTC Spot Trading Volume within Spot Volume qualification, we are creating a more flexible and accessible path for users to progress through VIP tiers while maintaining clear, measurable criteria.”

There are no changes to VIP trading fees as part of this update. Users who qualify under the new criteria will be automatically upgraded daily at 08:00 UTC to the corresponding VIP tier. If a user qualifies under multiple criteria, their VIP level will reflect the highest level they meet.

Users can view their latest VIP level in the My VIP Mobile Hub. Full details on the updated VIP Program criteria are available on Binance.

Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.

About Binance

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 320 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com.

About Binance VIP & Institutional

Binance VIP & Institutional empowers institutions and private wealth clients with robust asset management infrastructure, personalized VIP services and advanced end-to-end institutional trading tools on the world’s largest cryptocurrency exchange by trading volume and registered users. With deep financial services experience in both traditional and crypto markets, its global team of trusted experts provides VIP & Institutional clients with the support they need to confidently capitalize on the industry’s deepest liquidity and tightest markets.

For more information, visit: https://www.binanceinstitutional.com

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/binance-further-expands-vip-access-with-updated-holder-and-otc-criteria-302830246.html

SOURCE Binance

Continue Reading

Trending