October 30 2019
Mobile Ticketing Global Market - Overview
The mobile ticketing is defined as the process where customers can pay, order, obtain tickets through mobile phones or other mobile devices. The reason behind mobile ticketing trend is the initiative taken by government to encourage citizens towards a cashless economy. The key aspects aiding the growth of mobile ticketing market is the rising penetration of smartphones, instant ticket booking, digitization and emergence of latest technologies. These tickets can be purchased in many ways such as online, via text messaging or over the phone through a voice call, WAP page, or through a secure mobile application, which further boosts the cashless economy initiative. According to a recent study report published by the Market Research Future, The global market of Mobile Ticketing is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
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The study states that the rise in the number of smartphone manufacturers and availability of smartphones in low prices due to which the there is a constant rise in smartphone users. Users are well accustomed with the functioning of a smartphone. Besides this, mobile ticketing applications is easily installed and well supported by smartphones. Owing to this, wide adoption of smartphones is positively affecting the growth of the global Mobile Ticketing Market. Other aspects such as hectic schedule, and to avoid physical travel to a certain location to book tickets for bus, train, airline, and movie or for any other activity. Moreover, factors such as increasing urbanization, has encouraged several companies to establish the provision of an online portal to book tickets through the internet in order to digitally transform operations.
Key Players
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
Mobile Ticketing Global Market - Segmentation
The Mobile Ticketing Market can be classified into 4 key segments for the convenience of the report and enhanced understanding;
Mobile Ticketing Global Market - Regional Analysis
North America market is estimated to acquire largest market share in the mobile ticketing market owing to the high penetration of mobile ticketing applications, high disposable income of people and initiative towards cashless transaction. It has been observed that the use of mobile ticketing first started in Europe. Europe had early adoption of mobile ticketing it has the second biggest market share in the mobile ticketing market owing to presence of largest tourist industry. Asia Pacific region is anticipated to grow significantly in the mobile ticketing market over the forecast period owing to factors such as increasing advancements in mobility, introduction of NFC and emergence of major smartphone manufacturers.
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TABLE OF CONTENTS
LIST OF FIGURES
Figure 1 Research Network Solution
Figure 2 Mobile Ticketing Market: By Type (%)
Figure 3 Mobile Ticketing Market: By Application (%)
Figure 4 Mobile Ticketing Market: By Technology (%)
Figure 5 Mobile Ticketing Market: By Region
Figure 6 North America Mobile Ticketing Market, By Type (%)
Figure 7 North America Mobile Ticketing Market, By Application (%)
Figure 8 North America Mobile Ticketing Market, By Technology (%)
Figure 9 Europe Mobile Ticketing Market, By Type (%)
Figure 10 Europe Mobile Ticketing Market, By Application (%)
Figure 11 Europe Mobile Ticketing Market, By Technology (%)
Figure 12 Asia-Pacific Mobile Ticketing Market, By Type (%)
Figure 13 Asia-Pacific Mobile Ticketing Market, By Application (%)
Figure 14 Asia-Pacific Mobile Ticketing Market, By Technology (%)
Figure 15 Row Mobile Ticketing Market, By Type (%)
Figure 16 Row Mobile Ticketing Market, By Application (%)
Figure 17 Row Mobile Ticketing Market, By Technology (%)
Continued…
Know More about this Report @ http://www.marketwatch.com/story/mobile-ticketing-market-size-2019-global-industry-trends-growth-opportunities-sales-revenue-development-status-future-scope-competitive-landscape-and-forecast-2022---03-oct-2019-2019-10-03
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