(EMAILWIRE.COM, June 12, 2023 ) As per Maximize Market research, the total global market for K-pop Events Market was USD 8.0 Bn in 2022 and is expected to grow at a CAGR of 7.1 percent over the forecast period to reach USD 19.5 Bn by 2029.
K-pop Events Market Report Scope and Research Methodology
The K-pop Events Market report presents a detailed analysis using primary and secondary data to maintain the authenticity of the report. The report showed the future prospect and current market dynamics, scope, opportunities, restraints, and drivers of the K-pop Events Market. The statistical data is deliberated by using a bottom-up approach.
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K-pop Events Market Dynamics
Fan engagement, strategic branding and merchandising of the brand through the use of social media are some of the major drivers of the K-pop Events Market. The lyrics, music and attractive music videos are also one of the major drivers of the market.
K-pop Events Market Regional Insights
Asia Pacific held the largest share of the K-pop Events Market and is expected to dominate the market during the forecast period. K-pop events in these countries typically attract huge crowds and generate significant revenue.
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K-pop Events Market Segmentation:
By Type of Events:
By Artist/ Group:
R & B
MinSokak (Folk Music)
By Sales Source:
Physical Ticket Sales
K-pop Events Market Key Players include:
Live Company Group plc.
PK-UK Events Limited
JYP Entertainment Co. Ltd
SM Entertainment Group
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Maximize Market Research, a leading Consumer Goods & Services research firm has also published the following reports:
Background Music Market– The market size is expected to reach USD 2.65 Bn by 2029 at a CAGR of 5.16 percent during the forecast period.
Music Streaming Market– The market size is expected to reach USD 91.29 Bn by 2029 at a CAGR of 17.8 percent during the forecast period.
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