#K-pop Events Forecasted to Grow at 8% CAGR from 2023 to 2028
The global K-pop events market is expected to grow at a compound annual growth rate (CAGR) of 8% from 2023 to 2028. The growth of the market is attributed to the increasing popularity of K-pop music and culture around the world.
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The market is segmented by source, end user, and type. By source, the market is segmented into tickets, sponsorships, and others. Tickets are the largest source of revenue for K-pop events, followed by sponsorships. Others include merchandise sales, licensing, and other revenue streams.
By end user, the market is segmented into male, female, and others. Male fans are the largest group of K-pop fans, followed by female fans. Others include children and older adults.
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By type, the market is segmented into rock, jazz, pop, and others. Pop is the largest type of K-pop event, followed by rock and jazz. Others include hip hop, electronic dance music, and other genres.
The key players in the global K-pop events market include SM Entertainment, YG Entertainment, JYP Entertainment, Big Hit Music, CJ ENM, MNET, KBS, SBS, MBC, Cube Entertainment, FNC Entertainment, Pledis Entertainment, Starship Entertainment, Woollim Entertainment, Jellyfish Entertainment, RBW Entertainment, Source Music, Fantagio, Brand New Music, KG Entertainment, Swing Entertainment, Stone Music Entertainment, Music Works, DSP Media, and Play M Entertainment.
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These companies are involved in the production, promotion, and management of K-pop events. They also offer a variety of other services, such as music publishing, talent management, and merchandise sales.
The growth of the K-pop events market is being driven by a number of factors, including the increasing popularity of K-pop music and culture around the world, the rising disposable income of consumers in developing countries, and the growing number of K-pop fans who are willing to travel to attend events.
The market is expected to face some challenges, such as the increasing competition from other types of live entertainment, the high cost of producing and promoting K-pop events, and the difficulty of securing venues in major cities.
Despite these challenges, the global K-pop events market is expected to continue to grow in the coming years. The growth of the market will be driven by the increasing popularity of K-pop music and culture around the world, the rising disposable income of consumers in developing countries, and the growing number of K-pop fans who are willing to travel to attend events.
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#K-pop Events Forecasted to Grow at 8% CAGR from 2023 to 2028
The global K-pop events market is expected to grow at a compound annual growth rate (CAGR) of 8% from 2023 to 2028. The growth of the market is attributed to the increasing popularity of K-pop music and culture around the world.
Get a Sample copy of Report@:
https://www.pragmamarketresearch.com/reports/119620/k-pop-events-market-size/inquiry?UTM=PRohit
The market is segmented by source, end user, and type. By source, the market is segmented into tickets, sponsorships, and others. Tickets are the largest source of revenue for K-pop events, followed by sponsorships. Others include merchandise sales, licensing, and other revenue streams.
By end user, the market is segmented into male, female, and others. Male fans are the largest group of K-pop fans, followed by female fans. Others include children and older adults.
Get more information on the report@:
https://www.pragmamarketresearch.com/reports/119620/k-pop-events-market-size?UTM=PRohit
By type, the market is segmented into rock, jazz, pop, and others. Pop is the largest type of K-pop event, followed by rock and jazz. Others include hip hop, electronic dance music, and other genres.
The key players in the global K-pop events market include SM Entertainment, YG Entertainment, JYP Entertainment, Big Hit Music, CJ ENM, MNET, KBS, SBS, MBC, Cube Entertainment, FNC Entertainment, Pledis Entertainment, Starship Entertainment, Woollim Entertainment, Jellyfish Entertainment, RBW Entertainment, Source Music, Fantagio, Brand New Music, KG Entertainment, Swing Entertainment, Stone Music Entertainment, Music Works, DSP Media, and Play M Entertainment.
Buy Full Report (Single User) @
https://www.pragmamarketresearch.com/buy/119620?type=su&UTM=PRohit
These companies are involved in the production, promotion, and management of K-pop events. They also offer a variety of other services, such as music publishing, talent management, and merchandise sales.
The growth of the K-pop events market is being driven by a number of factors, including the increasing popularity of K-pop music and culture around the world, the rising disposable income of consumers in developing countries, and the growing number of K-pop fans who are willing to travel to attend events.
The market is expected to face some challenges, such as the increasing competition from other types of live entertainment, the high cost of producing and promoting K-pop events, and the difficulty of securing venues in major cities.
Despite these challenges, the global K-pop events market is expected to continue to grow in the coming years. The growth of the market will be driven by the increasing popularity of K-pop music and culture around the world, the rising disposable income of consumers in developing countries, and the growing number of K-pop fans who are willing to travel to attend events.
Contact Us:
Pragma Market Research,
+1 425 230 0999
Sales@pragmamarketresearch.com