Press release
Global Mobile Ticketing Market to Rake in US$ 3.17 Bn Revenues by 2024-end
In the long run, the global demand for mobile ticketing is likely to gain traction across several applications. The report, titled “Mobile Ticketing Market: Global Industry Analysis and Forecast, 2016-2024,” estimates the US$ 677 Mn global market for mobile ticketing to grow at a stellar 21.3% CAGR towards the end of 2024. During this forecast period, the demand for mobile ticketing is expected to witness an upsurge across entertainment ticketing applications. In 2017 and beyond, seats for concerts, plays, and even movies, will be booked or ticketed through mobile ticketing services. Nevertheless, travel ticketing will remain the largest application of mobile ticketing in the world, procuring a little over 50% share on global revenues towards the end of 2024.
A major proportion of global mobile ticketing revenues comes from adoption of mobile ticketing applications for smartphones. Initially and even today, mobile ticketing services were facilitated through messaging services. However, limitations in SMS mobile ticketing have led to their decline in terms of global demand. Between 2016 and 2024, the global revenue share of SMS mobile ticketing is anticipated to drop with a loss of -386 BPS. People will remain more inclined towards mobile ticketing apps that offer a wide range of features and are developed with a focus on user-friendly applications. In the due course of forecast period, mobile ticketing applications are expected to bring in more than US$ 2,000 Mn in global revenues.
Request for Sample Report @ https://www.persistencemarketresearch.com/samples/12454
Masabi Ltd., inmodo AB, Margento B.V., Gemalto N.V., ShowClix Inc., Digital Management, Inc., Rapidsoft Systems, Inc., moovel Group GmbH, Scheidt & Bachmann GmbH, and AEP Ticketing Solutions Srl are companies observed as leaders in the global market for mobile ticketing. The report has also classified the global mobile ticketing market’s growth on the basis of several key regions in the world. The global mobile ticketing market is predicted to be witness higher contribution by regions – North America, Europe and Asia-Pacific. North America is presently dominating the market with more than one-third share in global revenues. But, towards the end of 2024, the region will lose out its dominance and Europe will emerge as the largest market for mobile ticketing in the world. The Asia-Pacific mobile ticketing market, on the other hand, will showcase fastest revenue growth at a CAGR of 25.1%.
Request for Table of Content (ToC): https://www.persistencemarketresearch.com/methodology/12454
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Mobile Ticketing Market to Rake in US$ 3.17 Bn Revenues by 2024-end here
News-ID: 1273047 • Views: …
More Releases from Persistence Market Research
Soft Drinks Packaging Market to Reach US$120.0 Billion by 2033 - Persistence Mar …
The soft drinks packaging market plays a central role in the global beverage industry, serving carbonated drinks, juices, flavored water, energy drinks, and ready to drink teas and coffees. Packaging is no longer limited to containment and transportation; it has evolved into a critical component of branding, sustainability strategy, consumer convenience, and supply chain efficiency. Manufacturers are increasingly focusing on lightweight materials, recyclable packaging formats, and innovative designs that improve…
Christmas Tree Valves Market Size to Reach US$8.1 Billion by 2033 - Persistence …
The Christmas Tree Valves Market plays a critical role in the upstream oil and gas industry, serving as a central component in wellhead equipment systems. Christmas tree valves are installed on oil and gas wells to control pressure, regulate flow, and ensure safe extraction of hydrocarbons. These assemblies, commonly referred to as "Christmas trees," consist of multiple valves, spools, and fittings arranged in a structure that resembles a decorated tree.…
Asia Pacific De-aromatic Solvents Market to Reach US$1,120.2 Million by 2033 - P …
The Asia Pacific De-aromatic Solvents Market is gaining steady momentum as industries across the region increasingly shift toward low aromatic, high purity solvent formulations. De-aromatic solvents are hydrocarbon solvents that have significantly reduced aromatic content, making them suitable for applications requiring low odor, lower toxicity, and improved environmental performance. These solvents are widely used in paints and coatings, adhesives, inks, metalworking fluids, agrochemicals, and cleaning formulations. As regulatory scrutiny around…
Off-Highway Radiators Market to Reach US$ 7.2 Bn by 2033 as Leading Players Like …
The off-highway radiators market plays a vital role in ensuring efficient thermal management in heavy-duty equipment used across construction, agriculture, mining, and forestry sectors. These radiators regulate engine temperatures, prevent overheating, and support consistent equipment performance under extreme operating conditions. Growing mechanization and the expansion of infrastructure projects worldwide are increasing reliance on durable cooling systems. Equipment manufacturers are prioritizing high-performance radiators that offer reliability, longer service life, and resistance…
More Releases for Ticketing
Smart Ticketing Market
Global Smart Ticketing Market 2031 Report give our customers an exhaustive and top to bottom examination of Smart Ticketing Market alongside its key factors, for example, market diagram and rundown, pieces of the pie, restrictions, drivers, local examination, players, serious elements, division, and considerably more. The Smart Ticketing Market information introduced inside this report is acquired dependent on a few strategies, for example, PESTLE, Porter's Five, SWOT examination,
To…
Smart Ticketing Market: "Smart Ticketing: USD 10.15B to USD 37.13B by 2031"
Smart Ticketing Market Market Scope:
Key Insights : Smart Ticketing Market size was valued at USD 10.15 billion in 2022 and is poised to grow from USD 11.72 billion in 2023 to USD 37.13 billion by 2031, growing at a CAGR of 15.50% during the forecast period (2024-2031).
Discover Your Competitive Edge with a Free Sample Report :https://www.skyquestt.com/sample-request/smart-ticketing-market
Access the full 2024 Market report for a comprehensive understanding @https://www.skyquestt.com/report/smart-ticketing-market
In-Depth Exploration of the…
Hospitality Ticketing Systems: Streamlining Guest Services Rise of Ticketing Sys …
Hospitality Open-Source Ticketing System Software Market to Record an Exponential CAGR by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Hospitality Open-Source Ticketing System Software Market - (By Type (Cloud-based, On-premises), By Application (Large Enterprises, SMEs)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."
According to the latest research by InsightAce Analytic, the Global Hospitality…
Transit Ticketing Market Forecast 2022-2028: Rambus Incorporated, Infineon Techn …
Transit Ticketing Market report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, the report also contains information on profit opportunities. This Transit Ticketing Market report mentions the market share and growth rate of each region, country, and sub-region during the estimated period. It mainly includes regions like North America, South America, Asia and…
Global Smart Ticketing Market to Achieve Favorable Growth Amid Increase in Appli …
Over the recent past, several economies across the world have accelerated the drive to robust digitalization initiatives in key public sectors such as transportation, banking, energy, and security. The penetration of smart technology in the various industries facilitates in enhancing the citizen experience, while achieving new milestones in revenue generation, transparency, data safety, and consumer trust. Moreover, sophisticated technologies such as smart ticketing systems have increased user convenience and public…
Transit Ticketing Market Seeking Excellent Growth | Infineon Technologies AG, AE …
Transit Ticketing report helps make educated decisions such as determining the feasibility of launching a new product before dedicating time and budget into the new venture. The market research report is a vital element when developing marketing strategy. An excellent market report helps to enlighten marketing activities including understanding the requirements of target audience, helping to understand what key messages to convey and how to convey them. With statistical…
