Secondary Ticket Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to secondary ticket market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Secondary Ticket Market News

in Secondary Ticket Market
  • In January 2025, the government of the United Kingdom proposed a new price cap on secondary tickets for concerts, live sport and other events. The government launched a public consultation to better protect fans, improve access to live events and support the growth of the United Kingdom’s world leading live events sector.
  • In November 2024, Platinumlist, a leading ticket platform in the Middle East announced the launch of an ethical resale feature. The feature allows fans to resell their tickets to other fans while preventing huge mark-ups. Users in United Arab Emirates, Saudi Arabia, Qatar, Bahrain and Oman will have access to resell their tickets.
  • In August 2024, Zomato, a leading food delivery company based in India announced the launch of a new secondary market for event ticketing. The new ‘Book Now, Sell Anytime’ feature lets users resell event tickets purchased through Zomato on the app. The company initiated this feature with Zomato’s Feeding India concert.
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Global Secondary Ticket Market Size was valued at USD 2.78 Billion in 2023 and is poised to grow from USD 3.04 Billion in 2024 to USD 6.24 Billion by 2032, growing at a CAGR of 9.4% during the forecast period (2025-2032).

Secondary ticket providers should invest in creating solutions that are free from fraud issues and counterfeiting. Creating a fair pricing model using advanced technologies to avoid excessive markups is also a key opportunity for secondary ticket companies. 'Platimumlist', 'Zomato', 'TickPick LLC', 'Ace Ticket Worldwide Inc', 'alliancetickets.com', 'Coast to Coast Tickets LLC', 'GO-tickets', 'Tickets.com Inc.', 'TicketCity Inc.', 'TiqIQ LLC', 'viagogo AG', 'Vivid Seats LLC', 'StubHub', 'Ticketmaster'

Digitization has transformed the ticket resale market, enabling seamless listing, purchase, and transfer of tickets online. Platforms like StubHub, SeatGeek, and Viagogo use mobile apps and QR code technology, allowing users to instantly resell or buy digital tickets. This reduces fraud and logistical challenges, while improving convenience and reach. As consumers grow comfortable with digital wallets and mobile-first solutions, the global secondary ticket market outlook also shows growth potential.

Adoption of Blockchain and NFT Ticketing: Secondary ticket companies are expected to focus on integration of blockchain technology in ticketing to reduce risk of fraud and counterfeiting. NFT (non-fungible token) ticketing ensures transparency and ownership authenticity, reducing fraud and scalping. Event organizers can track resale activity and even earn royalties from resold tickets. This secondary ticket market trend is especially prominent in tech-forward sports teams and music festivals.

Why North America Leads Secondary Ticket Adoption on a Global Level?

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Global Secondary Ticket Market
Secondary Ticket Market

Report ID: SQMIG25Z2017

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