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2024 U.S. Industry Statistics & Market Forecast - Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures


Market Size & Industry Statistics

The total U.S. industry market size for Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2019        2020        2021        2022        2023
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.





Forecast / Industry Outlook 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

Major trends affect the Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures industry include:
  1. Increased use of digital platforms for promotion and management
  2. Shift towards independent artist management due to social media
  3. Growing emphasis on global market access for clients
  4. Rise in demand for diverse and inclusive representation
  5. Expansion in multimedia and cross-platform opportunities
  6. Greater focus on direct-to-consumer marketing strategies
  7. Escalating importance of data analytics in career management
  8. Need for expertise in digital rights and Intellectual Property management
  9. Heightened competition from DIY artist management tools
  10. Increased legal and regulatory scrutiny on contracts and agreements
  11. Emphasis on personal branding and social media monetization
  12. Integration of virtual reality and augmented reality in experience offerings
  13. Growing importance of mental health and well-being support for clients


Product & Services Breakdown

Research products and services in the Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Admissions To Live Performing Arts Performances

Advertising Revenues

Other Advertising Revenue

Representation Services

Performance Contracts

Sponsorship And Endorsement Contracts

Other Contracts

Career Management Services

Licensing Of Rights To Use Intellectual Property - Protected By Copyright

Outright Sale Of Intellectual Property Protected By Copyright

Contract Production Services For Intellectual Property Protected By Copyright, Excluding Live Performing Arts

Sports And Performing Arts Event Management Services



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry Average Percent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 11%

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Top Executives 7%
Chief Executives1%
General and Operations Managers 7%
General and Operations Managers7%
Business and Financial Operations Occupations 46%
Business Operations Specialists 43%
Agents and Business Managers of Artists, Performers, and Athletes 36%
Agents and Business Managers of Artists, Performers, and Athletes 36%
Arts, Design, Entertainment, Sports, and Media Occupations 6%
Office and Administrative Support Occupations 32%
Financial Clerks 5%
Secretaries and Administrative Assistants 18%
Secretaries and Administrative Assistants 18%
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 16%
Source: Bureau of Labor Statistics


Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Innovators:
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Innovators:
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures industry.
Source:
IncFact




Innovation News



Recent Federal Contracts for Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures

  • Jan 25, 2024: MISCELLANEOUS FOREIGN AWARDEES (Washington, DC) awarded $18,132