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NAICS Code 561599-08 Description (8-Digit)

Ticket Service is a subdivision of the NAICS industry code 561599, which falls under the category of "All Other Travel Arrangement and Reservation Services". This industry involves the sale and distribution of tickets for various events, such as concerts, sports games, theater performances, and other entertainment events. Ticket Service providers act as intermediaries between event organizers and consumers, providing a platform for consumers to purchase tickets for events they are interested in attending.

Hierarchy Navigation for NAICS Code 561599-08

Tools

Tools commonly used in the Ticket Service industry for day-to-day tasks and operations.

  • Ticketing software
  • Point of sale (POS) systems
  • Customer relationship management (CRM) software
  • Payment processing software
  • Mobile ticketing apps
  • Barcode scanners
  • Ticket printing equipment
  • Event management software
  • Marketing automation software
  • Social media management tools

Industry Examples of Ticket Service

Common products and services typical of NAICS Code 561599-08, illustrating the main business activities and contributions to the market.

  • Concert ticket service
  • Sports event ticket service
  • Theater ticket service
  • Festival ticket service
  • Museum ticket service
  • Theme park ticket service
  • Amusement park ticket service
  • Zoo ticket service
  • Aquarium ticket service
  • Movie theater ticket service

Certifications, Compliance and Licenses for NAICS Code 561599-08 - Ticket Service

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Travel Agency License: A travel agency license is required for businesses that sell travel services, including ticket services. The license is issued by the state government and requirements vary by state. The license ensures that the business is operating legally and has met certain standards. More information can be found at the National Association of Career Travel Agents website:
  • Seller Of Travel Bond: A seller of travel bond is a type of surety bond that is required in some states for businesses that sell travel services. The bond provides financial protection to consumers in case the business fails to provide the services as promised. The bond amount and requirements vary by state. More information can be found at the SuretyBonds.com website:
  • Airline Reporting Corporation (ARC) Accreditation: ARC accreditation is a program that allows travel agencies to issue airline tickets. The program requires the agency to meet certain financial and operational standards. More information can be found at the ARC website:
  • International Air Transport Association (IATA) Accreditation: IATA accreditation is a program that allows travel agencies to issue airline tickets and access to IATA's billing and settlement plan. The program requires the agency to meet certain financial and operational standards. More information can be found at the IATA website:
  • Payment Card Industry Data Security Standard (PCI DSS) Compliance: PCI DSS compliance is required for businesses that accept credit card payments. The standard ensures that the business has implemented security measures to protect cardholder data. More information can be found at the PCI Security Standards Council website:

History

A concise historical narrative of NAICS Code 561599-08 covering global milestones and recent developments within the United States.

  • The "Ticket Service" industry has a long and rich history dating back to the 1800s when the first railway ticketing system was introduced in the UK. The industry has since evolved to include various modes of transportation, such as air, sea, and land. In the early 1900s, the first airline ticketing system was introduced, and in the 1960s, the first computerized reservation system was developed. This system allowed for the automation of ticketing and reservation processes, making it easier for customers to book their travel arrangements. In recent history, the industry has seen the rise of online ticketing platforms, such as Expedia and Booking.com, which have revolutionized the way people book their travel arrangements. These platforms offer customers the convenience of booking their travel arrangements from the comfort of their own homes, and they have become increasingly popular in recent years. In the United States, the "Ticket Service" industry has a rich history dating back to the early 1900s when the first airline ticketing system was introduced. In the 1960s, the first computerized reservation system was developed, which allowed for the automation of ticketing and reservation processes. This system revolutionized the industry, making it easier for customers to book their travel arrangements. In recent years, the industry has seen the rise of online ticketing platforms, such as Expedia and Booking.com, which have become increasingly popular among customers. These platforms offer customers the convenience of booking their travel arrangements from the comfort of their own homes, and they have disrupted the traditional ticketing and reservation processes of the industry.

Future Outlook for Ticket Service

The anticipated future trajectory of the NAICS 561599-08 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The ticket service industry in the USA is expected to grow in the coming years due to the increasing demand for online ticket booking services. The industry is expected to benefit from the growing popularity of mobile ticketing and the increasing use of social media platforms for ticket sales. The industry is also expected to benefit from the growing trend of personalized ticketing, which allows customers to customize their tickets according to their preferences. However, the industry may face challenges due to the increasing competition from online travel agencies and the growing trend of self-service ticketing. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 561599-08

Recent groundbreaking advancements and milestones in the Ticket Service industry, reflecting notable innovations that have reshaped its landscape.

  • Mobile Ticketing: Customers can now purchase and store their tickets on their mobile devices, making it more convenient and efficient to access their tickets.
  • Personalized Ticketing: Customers can now customize their tickets according to their preferences, such as choosing their seat or adding special services.
  • Social Media Ticketing: Customers can now purchase tickets directly from social media platforms, making it easier to access and share tickets with friends and family.
  • Self-Service Ticketing: Customers can now purchase and print their tickets at home or at self-service kiosks, reducing the need for human interaction and increasing efficiency.
  • Virtual Reality Ticketing: Customers can now experience events in virtual reality, allowing them to attend events from anywhere in the world.

NAICS Code 561599-08 - Ticket Service

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