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Global Online Event Ticketing Industry to Reach Over US$34.3 Billion by 2025

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In a global report on the online ticketing market, it has been found that the global online event ticketing industry is expected to witness huge growth over the next few years. Various major regions of the world such as Europe, the USA, and the Asia Pacific countries are covered in the report. The advancement in technology is the major reason responsible for the high growth in this sector in the years to come.

The online event ticketing market worldwide is going to witness a compound growth of 4.6% to enable it to grow by US$17.4 Billion. Out of all the different categories of events, the highest share of online tickets is enjoyed by music events. And music events show the potential to grow at over 4.5%. The global online event ticketing industry is going to reach over US$34.3 billion by the year 2025 and it will give new opportunities to businesses to witness excellent growth.

More people are purchasing their event tickets online due to the facility to buy tickets at any time. With increasing internet penetration, it has become possible for every person to select his favorite seat in a theatre with a click of a few buttons. In the US, there is a huge demand for the online ticketing in majestic theatre in San Antonio as people are visiting its online platform to buy tickets for various events. Since the websites or portals are opened anytime, it is possible for everyone to buy tickets for events from any location in the world.

One can choose one’s seats at events as per the different prices available on the official websites of different theaters. It is possible to see the available seats on smartphones before bookings and it makes it possible for everyone to do so without visiting the event theaters. Another benefit of using an online event ticketing system is that it helps a person to compare the prices of different tickets on different platforms on their smartphones with ease. This makes it possible for a person to buy discounted tickets without any difficulty.

In addition to this, online ticket booking platforms also give an opportunity for different event managers to promote their event online among people. Many businesses advertise their products and services online on ticket booking platforms to reach a high volume of the audience. The United States is expected to witness a growth of 3.6% and Europe will also contribute to the growth of online ticketing platforms to a significant level. In Europe, Germany will contribute US$616.4 Million over the next 5-6 years and around US$506 million worth of projected demand will come from the rest of the European regions.

The availability of quality services at events has also been a prominent factor in the growth of the online ticketing market across the globe. Music events will be the major contributor to the growth in this sector. Japan will reach the market size of US$1.8 Billion and China is expected to grow at 7.2% over the next couple of years. The content-based events have made it possible for people to come out of their houses in order to watch their favorite shows across the world by booking event tickets online.

Jenny is one of the oldest contributors of Bigtime Daily with a unique perspective of the world events. She aims to empower the readers with delivery of apt factual analysis of various news pieces from around the World.

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World

Bringing clean water – Christopher Kenny’s Preservation Earth Project

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Science plainly shows that a human can survive three weeks without food, yet most individuals cannot survive three to four days without water! Dehydration sets in, and the person will go into shock and become vegetative even if they continue to breathe. In other words, water is an essential requirement. A living thing cannot thrive without it. Nonetheless, it is a horrifying truth that billions of people worldwide lack access to safe drinking water. 

In developed countries, when everything from technology to luxury is available, receiving clean water at home is as ‘natural’ as breathing fresh air. Most individuals in advanced nations may not pay much attention to it, but this is not the case for the rest of the globe. Many countries continue to lack access to clean water sources or water appropriate for human use. Safe drinking water, sanitation, and hygiene at home should not be limited to the wealthy or those who live in cities. These are some of the most fundamental human health requirements, and all countries must ensure everyone has access to them.

The Preservation Earth Project (PEP) made its way to Tsaile, New Mexico. Over time, uranium mining, fracking, and pesticide abuse damaged the water supply, resulting in a high occurrence of numerous illnesses. Approximately 35% of the Navajo people do not have access to flowing water, and some must go to a remote location to fill barrels with water from a polluted local spring. 

There is no doubt that climate change is boosting storm strength. Recent natural catastrophes have heightened the need for groups to step up and give support, answers, and relief to individuals affected by such natural disasters. The Preservation Earth Project is a non-profit organization that provides support, education, and solutions to help society transition from fossil fuels to renewable energy.

A look back at Christoper Kenny’s life

Chris Kenny was born in Summit, New Jersey, on May 4, 1961. He was one of twelve children. In 1980, he received a B.A. in economics and finance from Warren Wilson College in Swannanoa, North Carolina. He also attended New York University, earning a commercial real estate management degree from the Schack Institute. Since 2018, he has served as the head of Strategy and E-trading at Hartfield, Titus, and Donnelly. Kenny started his career in the U.S. In 1985. He worked as a Treasury Bond Broker. He formerly worked at Bonds.com as the director of fixed income sales and technological development. His academic background is in business and finance. Chris is passionate about developing and promoting renewable energy, mainly when it is used to assist people in need. The potential to aid those in urgent demand as a result of a human-caused environmental or natural disaster is not just a philanthropic act but also a once-in-a-lifetime educational opportunity.

He used solar power on mobile platforms as a backup power source for emergencies, water purification, and water pumping.

His academic credentials are in business and finance. Chris is passionate about developing and promoting renewable energy, mainly when it is used to assist people in need. The potential to aid those in urgent need as a result of a human-caused environmental or natural disaster is not just a philanthropic act but also a once-in-a-lifetime educational opportunity. He has over 38 years of experience in finance as a salesperson, broker, trader, and investor.

Making clean water available to everyone

In 2012, Kenny founded The Preservation Earth Project, a 501(c)(3) non-profit organization. It provides assistance, education, and alternative energy solutions to help society shift to renewable energy. It was involved and aided Haiti several times after the 2010 earthquake, providing portable solar electricity for water purification and medical facilities. In 2020, the business devised a solution for the Navajos’ contaminated water source. They collaborated with engineers and local officials to build, produce, and install a solar-powered water filtration system for the Navajo people of Tsaile, New Mexico. Other activities have included providing portable solar power to the “Cajun Navy” for rescue and clean-up in areas devastated by the 2015-2021 hurricane season in Louisiana. 

The project designed, delivered, and installed a solar-powered filtration system that will provide clean drinking water to the local Navajo community 365 days a year for many years to come. Several more initiatives are in the works to provide safe drinking water to Native American communities on the Navajo Reservation.

President’s letters of gratitude

President Jimmy Carter sent Chris two heartfelt letters encouraging him to continue his charitable work. He suggested calling Habitat for Humanity and asking if they were interested in collaborating on a few projects. He and Kenny both helped out at the charity. 

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