In this rapidly changing and technologically developing environment, consumer demands are ever increasing. The market trend towards the digitization, high demand of instant ticket bookings are driving the Mobile Ticketing market. The study indicates that due to rapid increase in smartphone users and technological advancements is boosting the mobile ticketing market during the forecast period.
The study indicates that Mobile Ticketing market is growing due to its numerous benefits as reduced paperwork time, reduced chance of errors and immediate accessibility of information. These benefits are responsible for the growth of mobile ticketing market. The lack of knowledge is the restraining factor in the growth of mobile ticketing market. The study indicates that digitization and emergence of latest technologies is driving the mobile ticketing market.
The Mobile Ticketing Market is growing rapidly over ~19% of CAGR and is expected to reach at USD ~4026 million by the end of forecast period.
The prominent players in the Mobile Ticketing market are Zendesk (U.S.), Masabi (UK), Helpshift (U.S.), Proxama (UK), ticketscript (Netherlands), Airtag (France), Ace Ticket Worldwide (U.S.), Alliance Tickets (U.S.), Coast to Coast Tickets (U.S.), RazorGator (U.S.), StubHub (U.S.) among others
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The regional analysis of Mobile Ticketing is being studied for region such as Asia pacific, North America, Europe and Rest of the World. It has been observed that North America is dominating the Mobile Ticketing market owing to the high penetration of mobile ticketing applications and is followed by Europe. It has been observed that the use of mobile ticketing for concerts started first in Europe. Europe had early adoption of mobile ticketing it has the second biggest market share in the mobile ticketing market. Asia Pacific region is expected to grow significantly in the Mobile Ticketing market over the forecast period owing to factors such as increasing advancements in mobility and introduction of NFC.
Mobile Ticketing Market Segmentation
The Mobile Ticketing market has been segmented on the basis of type, technology and application. Looking through the type segment it’s been observed that mobile applications are expected to dominate the mobile ticketing market by the forecast period, due to the increased penetration of smartphones. The technology segment consists of OCR (Optical character recognition), 2D Bar Code, NFC technology. The study indicates that the QR bar code technology hold a large market share whereas the NFC technology is expected to grow positively over the forecast period in the mobile ticketing market.
Study Objectives of Mobile Ticketing Market:
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Mobile Ticketing Market
- To provide insights about factors affecting the market growth
- To analyze the Mobile Ticketing market based on various factors- supply chain analysis, porter’s five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
- To provide country level analysis of the Market with respect to the current market size and future prospective
- To provide country level analysis of the Market for segment by Component, Cooling Type, Service, End-User, Verticals and sub-segments.
- To provide strategic profiling of key players in the Market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To Track and Analyze competitive developments such as Joint Ventures, Strategic Alliances, Mergers and acquisitions, new product developments, and research and developments in the Global Mobile Ticketing
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- Technology investors
- Mobile Ticketing service providers
- Internet service providers
- Mobile Ticketing platform providers
- Technology providers
- Research/Consultancy firms
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