NAICS 71131 - Promoters of Performing Arts, Sports, and Similar Events with Facilities
This industry comprises establishments primarily engaged in (1) organizing, promoting, and/or managing live performing arts productions, sports events, and similar events, such as state fairs, county fairs, agricultural fairs, concerts, and festivals, held in facilities that they manage and operate and/or (2) managing and providing the staff to operate arenas, stadiums, theaters, or other related facilities for rent to other promoters.
Industry trends:
NAICS 71131, which covers Promoters of Performing Arts, Sports, and Similar Events with Facilities, has been experiencing several notable trends. One key trend is the integration of advanced digital technologies, including augmented reality (AR) and virtual reality (VR). These technologies enhance the audience experience by providing interactive and immersive elements during live events.
Another significant trend is the emphasis on sustainability. Event promoters are increasingly focusing on eco-friendly practices, such as reducing waste, using renewable energy sources, and encouraging public transportation to events. This shift not only helps the environment but also resonates with an audience that is becoming more conscious of sustainability issues.
There is also a growing trend towards hybrid events, which combine in-person attendance with virtual access. This model emerged strongly during the COVID-19 pandemic and continues to be popular as it expands the reach of events, allowing people from around the globe to participate.
Looking ahead, forecasts suggest that the focus on personalized experiences will intensify. Promoters are likely to leverage data analytics to better understand audience preferences and tailor experiences accordingly. Additionally, the demand for smaller, niche events is expected to rise, as audiences seek more intimate and unique experiences.
Overall, the industry is poised for growth, driven by technological innovation, sustainability efforts, and evolving consumer preferences.
This industry is comprised of:
Air show managers with facilities
Air show organizers with facilities
Air show promoters with facilities
Arena operators
Arts event managers with facilities
Arts event organizers with facilities
Arts event promoters with facilities
Arts festival managers with facilities
Arts festival organizers with facilities
Arts festival promoters with facilities
Beauty pageant managers with facilities
Beauty pageant organizers with facilities
Beauty pageant promoters with facilities
Boxing event managers with facilities
Boxing event organizers with facilities
Boxing event promoters with facilities
Concert hall operators
Concert managers with facilities
Concert organizers with facilities
Concert promoters with facilities
Dance festival managers with facilities
Dance festival organizers with facilities
Dance festival promoters with facilities
Ethnic festival promoters with facilities
Fair managers with facilities, agricultural
Fair organizers with facilities, agricultural
Fair promoters with facilities
Fair promoters with facilities, agricultural
Festival managers with facilities
Festival of arts managers with facilities
Festival of arts organizers with facilities
Festival of arts promoters with facilities
Festival organizers with facilities
Festival promoters with facilities
Heritage festival managers with facilities
Heritage festival organizers with facilities
Heritage festival promoters with facilities
Horse show managers with facilities
Horse show organizers with facilities
Horse show promoters with facilities
Live arts center operators
Live theater operators
Managers of agricultural fairs with facilities
Managers of arts events with facilities
Managers of festivals with facilities
Managers of live performing arts productions (e.g., concerts) with facilities
Managers of sports events with facilities
Music festival managers with facilities
Music festival organizers with facilities
Music festival promoters with facilities
Organizers of agricultural fairs with facilities
Organizers of arts events with facilities
Organizers of festivals with facilities
Organizers of live performing arts productions (e.g., concerts) with facilities
Organizers of sports events with facilities
Performing arts center operators
Professional sports promoters with facilities
Promoters of agricultural fairs with facilities
Promoters of arts events with facilities
Promoters of festivals with facilities
Promoters of live performing arts productions (e.g., concerts) with facilities
Promoters of sports events with facilities
Rodeo managers with facilities
Rodeo organizers with facilities
Rodeo promoters with facilities
Sports arena operators
Sports event managers with facilities
Sports event organizers with facilities
Sports event promoters with facilities
Sports stadium operators
Stadium operators
Theater festival managers with facilities
Theater festival organizers with facilities
Theater festival promoters with facilities
Theater operators
Theatrical production managers with facilities
Theatrical production organizers with facilities
Theatrical production promoters with facilities
Wrestling event managers with facilities
Wrestling event organizers with facilities
Wrestling event promoters with facilities
This report includes the ability to segment your Industry by:
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- Employees
- Net Sales
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- Total Assets
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