The global sports and arts promoter’s industry includes establishments involved in organizing, promoting, and managing live performing arts productions, sports events and other events such as state fairs, county fairs, agricultural fairs, concerts, and festivals, and managing and providing the staff to operate arenas, stadiums, theaters or other related facilities for rent to other promoters. Customers for sports and arts promoters include independent artists and performing arts companies.
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The market was valued at $157 billion in 2017, and is expected to be driven by economic growth. The global economy is expected to go through a continued period of steady growth during 2017-2021. North America was the largest geographic region in the market, accounting for more than two-fifth of the global market share. This is because of the growth of global concerts in that region.
The global sports and arts promoters market in the report is split into two segments: sports promoters, and arts promoters.
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The USA was the largest country in the market, accounting for three-tenth of the global sports and arts promoters market share.
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