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United States Conferences, Concert, and Event Market

United States Conferences, Concert, and Event Market Size: By Type: Music Concert, Festivals, Sports, Exhibitions and Conferences, Corporate Events and Seminars, Others; By Organiser: Corporate, Sports, Education, Entertainment, Others; By Revenue Source; By Age Group; Regional Analysis; Competitive Landscape; 2024-2032

United States Conferences, Concert, and Event Market Outlook

The United States conferences, concert, and event market size reached approximately USD 387.40 billion in 2023. The market is assessed to grow at a CAGR of 5.1% between 2024 and 2032 to attain a value of around USD 606.15 billion by 2032.

 

Key Trends in the Market

Conferences, concerts, and events are programmes that involve a large gathering for educational, recreational, and entertainment purposes or the exchange of information. Events are recognised as a crucial marketing tool for both B2B and B2C businesses whereas conferences provide a platform for individuals to explore new opportunities and expand their knowledge base.

 

Moreover, concerts, which entail live musical performances by singers and instrumentalists, have emerged as one of the most popular forms of entertainment.

 

  • The United States conferences, concert, and event market growth can be attributed to the growing popularity of hybrid events and conferences. Such formats enable companies to maximise revenue, increase the number of attendees, and enhance engagement opportunities. Besides, there is an emerging trend of virtual concerts that can provide intimate and personal experiences to fans and enhance their convenience.
  • One of the significant United States conferences, concert, and event market trends is the increasing demand for personalisation among attendees. Event and concert operators provide relevant and tailored content to encourage active participation and offer personalised communication such as social media posts and emails to enhance the engagement of users.
  • The rising focus on sustainability is anticipated to aid the United States conferences, concert, and event market demand in the coming years. Organisers of events, concerts, and conferences, among others, are providing reusable and sustainable operations and prioritising green initiatives to reduce overall costs, attract more attendees, and appeal to the growing environmentally conscious consumers.

 

Market Analysis

Based on type, the market is segmented into music concert, festivals, sports, exhibitions and conferences, and corporate events and seminars, among others. On the basis of organiser, the market can be divided into corporate, sports, education, and entertainment, among others.

 

By revenue, the United States conferences, concert, and event market segmentation includes ticket sale and sponsorship, among others.  Based on age group, the market categorisation includes below 20 years, 21 to 40 years, and above 41 years. The major regional markets for conferences, concert, and event in the United States include New England, Midwest, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States conferences, concert, and event market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

 

  • Creative Group, Inc. 
  • Anschutz Entertainment Group 
  • Maritz Holdings Inc. 
  • ATPI Ltd. 
  • BCD Meetings & Events 
  • Access Destination Management Company 
  • Bi Worldwide 
  • 360 Destination Group 
  • Rafanelli Events 
  • Endless Events 
  • Others

 

Market Share by Revenue

As per the United States conferences, concert, and event market analysis, sponsorship is a significant revenue source for events, concerts, and conferences. Sponsorships can increase the cash influx of such events, promote them through social media or ticket giveaways, enhance their visibility, and supplement other revenue sources like merchandising and ticket sales.

 

Besides, ticket sales are likely to experience significant growth in the forecast period amid the increasing adoption of online ticketing solutions by organisers to improve the accessibility and experience of purchasing tickets.

 

Market Share by Type

Music concerts account for a significant portion of the United States conferences, concert, and event market share. The increasing accessibility to live music events, the growing popularity of concerts among Gen-Z, and surging spending on entertainment are driving the segment’s growth. Concerts of popular artists are emerging as a cultural phenomenon in the country, boosting local tourism and overall economic growth.

 

Meanwhile, festivals are witnessing a healthy growth in the United States, due to the high popularity of music festivals like Coachella, Governors Ball, and Lollapalooza, among others. Music festivals cater to a wide range of music enthusiasts, ranging from rock to country music. With music festivals becoming safer, more immersive, and more luxurious, their popularity is anticipated to fuel the overall United States conferences, concert, and event market expansion in the coming years.

 

Competitive Landscape

Anschutz Entertainment Group is an American live entertainment and sports company, based in Los Angeles, California. It has a network of over 300 venues across the globe, music bands, sports franchises, and integrated entertainment districts to entertain more than 160 million people annually. With over 22,000 live events, the company produces and promotes renowned festivals like the Coachella Valley Music and Arts Festival.

 

BCD Meetings & Events is a company that supports corporations to execute and design events and meetings. It is based in Illinois, the United States, and offers its services in over 50 countries. Through its innovative solutions and human-centric approach, the company serves businesses in different sectors, ranging from automotive to life sciences.

 

360 Destination Group is a destination management company that was established in 1978. Some of the services offered by the company are event development and design, entertainment, spouse tours and activities, hospitality and registration, professional staff, team building, and theme concepts. The company has offices in destinations like Nashville, California, and Las Vegas, among others.

 

Other United States conferences, concert, and event market players include Creative Group, Inc., Maritz Holdings Inc., ATPI Ltd., Access Destination Management Company, Bi Worldwide, Rafanelli Events, and Endless Events, among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Organiser
  • Revenue Source
  • Age Group
  • Region
Breakup by Type
  • Music Concert
  • Festivals
  • Sports
  • Exhibitions and Conferences
  • Corporate Events and Seminars
  • Others
Breakup by Organiser
  • Corporate
  • Sports
  • Education
  • Entertainment
  • Others
Breakup by Revenue Source
  • Ticket Sale
  • Sponsorship
  • Others
Breakup by Age Group
  • Below 20 Years
  • 21 To 40 Years
  • Above 41 Years
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Creative Group, Inc. 
  • Anschutz Entertainment Group 
  • Maritz Holdings Inc. 
  • ATPI Ltd. 
  • BCD Meetings & Events 
  • Access Destination Management Company 
  • Bi Worldwide 
  • 360 Destination Group 
  • Rafanelli Events 
  • Endless Events 
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface  
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers    
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    Global Conferences, Concert, and Event Market Overview

    8.1    Key Industry Highlights
    8.2    Global Conferences, Concert, and Event Historical Market (2018-2023) 
    8.3    Global Conferences, Concert, and Event Market Forecast (2024-2032)
    8.4    Global Conferences, Concert, and Event Market Share by Region
        8.4.1    North America
        8.4.2    Europe
        8.4.3    Asia Pacific
        8.4.4    Latin America
        8.4.5    Middle East and Africa
9    United States Conferences, Concert, and Event Market Overview
    9.1    Key Industry Highlights
    9.2    United States Conferences, Concert, and Event Historical Market (2018-2023) 
    9.3    United States Conferences, Concert, and Event Market Forecast (2024-2032)
10    United States Conferences, Concert, and Event Market by Type
    10.1    Music Concert
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Festivals
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    Sports
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Exhibitions and Conferences
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Corporate Events and Seminars
        10.5.1    Historical Trend (2018-2023)
        10.5.2    Forecast Trend (2024-2032)
    10.6    Others
11    United States Conferences, Concert, and Event Market by Organiser
    11.1    Corporate
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Sports
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    Education
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    Entertainment
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Others
12    United States Conferences, Concert, and Event Market by Revenue Source
    12.1    Ticket Sale
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Sponsorship
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Others
13    United States Conferences, Concert, and Event Market by Age Group
    13.1    Below 20 Years
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    21 To 40 Years
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Above 41 Years
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
14    United States Conferences, Concert, and Event Market by Region
    14.1    New England
        14.1.1    Historical Trend (2018-2023)
        14.1.2    Forecast Trend (2024-2032)
    14.2    Mideast
        14.2.1    Historical Trend (2018-2023)
        14.2.2    Forecast Trend (2024-2032)
    14.3    Great Lakes
        14.3.1    Historical Trend (2018-2023)
        14.3.2    Forecast Trend (2024-2032)
    14.4    Plains
        14.4.1    Historical Trend (2018-2023)
        14.4.2    Forecast Trend (2024-2032)
    14.5    Southeast
        14.5.1    Historical Trend (2018-2023)
        14.5.2    Forecast Trend (2024-2032)
    14.6    Southwest
        14.6.1    Historical Trend (2018-2023)
        14.6.2    Forecast Trend (2024-2032)
    14.7    Rocky Mountain
        14.7.1    Historical Trend (2018-2023)
        14.7.2    Forecast Trend (2024-2032)
    14.8    Far West
        14.8.1    Historical Trend (2018-2023)
        14.8.2    Forecast Trend (2024-2032)
15    Market Dynamics
    15.1    SWOT Analysis
        15.1.1    Strengths
        15.1.2    Weaknesses
        15.1.3    Opportunities
        15.1.4    Threats
    15.2    Porter’s Five Forces Analysis
        15.2.1    Supplier’s Power
        15.2.2    Buyer’s Power
        15.2.3    Threat of New Entrants
        15.2.4    Degree of Rivalry
        15.2.5    Threat of Substitutes
    15.3    Key Indicators for Demand
    15.4    Key Indicators for Price
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Creative Group, Inc. 
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2     Anschutz Entertainment Group 
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Maritz Holdings Inc. 
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    ATPI Ltd. 
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    BCD Meetings & Events 
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Access Destination Management Company 
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Bi Worldwide 
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    360 Destination Group 
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    Rafanelli Events 
            16.2.9.1    Company Overview
            16.2.9.2    Product Portfolio
            16.2.9.3    Demographic Reach and Achievements
            16.2.9.4    Certifications
        16.2.10    Endless Events 
            16.2.10.1    Company Overview
            16.2.10.2    Product Portfolio
            16.2.10.3    Demographic Reach and Achievements
            16.2.10.4    Certifications
        16.2.11    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Conferences, Concert, and Event Market: Key Industry Highlights, 2018 and 2032
2.    United States Conferences, Concert, and Event Market: Key Industry Highlights, 2018 and 2032
3.    United States Conferences, Concert, and Event Historical Market: Breakup by Type (USD Billion), 2018-2023
4.    United States Conferences, Concert, and Event Market Forecast: Breakup by Type (USD Billion), 2024-2032
5.    United States Conferences, Concert, and Event Historical Market: Breakup by Organiser (USD Billion), 2018-2023
6.    United States Conferences, Concert, and Event Market Forecast: Breakup by Organiser (USD Billion), 2024-2032
7.    United States Conferences, Concert, and Event Historical Market: Breakup by Revenue Source (USD Billion), 2018-2023
8.    United States Conferences, Concert, and Event Market Forecast: Breakup by Revenue Source (USD Billion), 2024-2032
9.    United States Conferences, Concert, and Event Historical Market: Breakup by Age Group (USD Billion), 2018-2023
10.    United States Conferences, Concert, and Event Market Forecast: Breakup by Age Group (USD Billion), 2024-2032
11.    United States Conferences, Concert, and Event Historical Market: Breakup by Region (USD Billion), 2018-2023
12.    United States Conferences, Concert, and Event Market Forecast: Breakup by Region (USD Billion), 2024-2032
13.    United States Conferences, Concert, and Event Market Structure

Key Questions Answered in the Report

In 2023, the market attained a value of nearly USD 387.40 billion.

The market is assessed to grow at a CAGR of 5.1% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 606.15 billion by 2032.

The major market drivers are the increasing trend of virtual and hybrid events, conferences, and concerts and the growing focus on personalisation.

The key trends supporting the market development are the growing popularity of music festivals and concerts, the increasing focus on sustainability by conference, concert, and event organisers, and the rising attempts to bolster the experience and engagement of attendees.

The major regions in the market are New England, Midwest, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.

The major types of conferences, concert, and event in the market are music concert, festivals, sports, exhibitions and conferences, and corporate events and seminars, among others.

The major players in the market are Creative Group, Inc., Anschutz Entertainment Group, Maritz Holdings Inc., ATPI Ltd., BCD Meetings & Events, Access Destination Management Company, Bi Worldwide, 360 Destination Group, Rafanelli Events, and Endless Events, among others.

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