This industry comprises promoters primarily engaged in 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, in facilities that are managed and operated by others. Theatrical (except motion picture) booking agencies are included in this industry.
The latest qualitative trends for NAICS 71132, Promoters of Performing Arts, Sports, and Similar Events without Facilities, indicate a significant shift towards digital transformation and hybrid event models. With the proliferation of high-speed internet and sophisticated streaming platforms, event promoters are increasingly leveraging virtual and hybrid event formats to reach broader audiences and enhance engagement. This shift is driven not only by the ongoing impacts of the COVID-19 pandemic but also by a growing consumer preference for flexible and accessible event experiences.
Another notable trend is the emphasis on personalized and immersive experiences. Event promoters are utilizing advanced technologies such as augmented reality (AR), virtual reality (VR), and AI-driven algorithms to create tailored experiences that resonate with individual attendees. Additionally, there is a strong focus on sustainability, with promoters adopting eco-friendly practices and promoting green initiatives within their events to meet the rising demand for environmentally conscious entertainment options.
Looking ahead, forecasts for the near future suggest continued growth in the adoption of digital tools and technologies. We can expect greater integration of data analytics to drive decision-making and enhance marketing strategies. Furthermore, partnerships and collaborations with tech companies are likely to increase, providing event promoters with innovative solutions to optimize event planning and execution. As consumer behavior continues to evolve, those industry players who can adeptly combine digital innovation with unique, high-quality live experiences are positioned to thrive.
Agricultural fair managers without facilities
Agricultural fair organizers without facilities
Agricultural fair promoters without facilities
Air show managers without facilities
Air show organizers without facilities
Air show promoters without facilities
Arts event managers without facilities
Arts event organizers without facilities
Arts event promoters without facilities
Arts festival managers without facilities
Arts festival organizers without facilities
Arts festival promoters without facilities
Beauty pageant managers without facilities
Beauty pageant organizers without facilities
Beauty pageant promoters without facilities
Booking agencies, theatrical (except motion picture)
Boxing event managers without facilities
Boxing event organizers without facilities
Boxing event promoters without facilities
Concert booking agencies
Concert managers without facilities
Concert organizers without facilities
Concert promoters without facilities
Dance festival managers without facilities
Dance festival organizers without facilities
Dance festival promoters without facilities
Ethnic festival managers without facilities
Ethnic festival organizers without facilities
Ethnic festival promoters without facilities
Fair managers without facilities, agricultural
Fair organizers without facilities, agricultural
Fair promoters without facilities
Fair promoters without facilities, agricultural
Festival managers without facilities
Festival of arts managers without facilities
Festival of arts organizers without facilities
Festival of arts promoters without facilities
Festival organizers without facilities
Festival promoters without facilities
Heritage festival managers without facilities
Heritage festival organizers without facilities
Heritage festival promoters without facilities
Horse show managers without facilities
Horse show organizers without facilities
Horse show promoters without facilities
Managers of agricultural fairs without facilities
Managers of arts events without facilities
Managers of festivals without facilities
Managers of live performing arts productions (e.g., concerts) without facilities
Managers of sports events without facilities
Music festival managers without facilities
Music festival organizers without facilities
Music festival promoters without facilities
Organizers of agricultural fairs without facilities
Organizers of arts events without facilities
Organizers of festivals without facilities
Organizers of live performing arts productions (e.g., concerts) without facilities
Organizers of sports events without facilities
Professional sports promoters without facilities
Promoters of agricultural fairs without facilities
Promoters of arts events without facilities
Promoters of festivals without facilities
Promoters of live performing arts productions (e.g., concerts) without facilities
Promoters of sports events without facilities
Rodeo managers without facilities
Rodeo organizers without facilities
Rodeo promoters without facilities
Sports event managers without facilities
Sports event organizers without facilities
Sports event promoters without facilities
Theater festival managers without facilities
Theater festival organizers without facilities
Theater festival promoters without facilities
Theatrical booking agencies (except motion picture)
Theatrical production managers without facilities
Theatrical production organizers without facilities
Theatrical production promoters without facilities
Wrestling event managers without facilities
Wrestling event organizers without facilities
Wrestling event promoters without facilities
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.