Press release
On the Go and Beyond: Riding the Waves of the Mobile Ticketing Market in 2033
Mobile Ticketing Market
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Key Takeaways from Mobile Ticketing Market Study
Among the types, the entertainment segment is expected to witness high growth due to increasing free mobile apps and websites provided by service providers that allow viewers to book their preferable seats.
The number of smartphone users as well as increasing use of mobile ticketing apps in the transport sector are driving market growth.
The COVID-19 pandemic has led to restrictions on transportation and entertainment activities across the world, which will hurt market growth in the near term.
Among the regions, North America held the highest share of around 27% in terms of market value in the global mobile ticketing market in 2019. The market in the South Asia & Pacific region is exhibiting a high growth rate, owing to the high adoption of popular event/movie booking applications among the urban population across the region.
"The demand for online payment options is rapidly gaining popularity, and is encouraging the governments of various countries to promote cashless economies, which is in line with the global digitalization trend. This demand is creating lucrative opportunities for the mobile ticketing market," says a PMR analyst.
Rising Urban Population Driving Market Growth
Mobile ticketing is an integrating mobile ticketing platform for the emerging mobile ticket market. The urban population owning smartphones is twice size of the rural population, and also the number of mobile ticketing apps used by them is high as compared to the rural population. Increasing urbanization is fueling the demand for mobile ticketing applications with various features.
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Mobile Ticketing Market - Competition Landscape
The report also profiles some of the leading companies operating in the global mobile ticketing market, such as
Masabi Ltd
Gemalto N.V.
inmodo AB
Margento B.V.
ShowClix LLC
Rapidsoft Systems, Inc
Digital Management, Inc.
Scheidt & Bachmann GmbH
Moovel Group
AEP Ticketing Types Srl
Find More Valuable Insights on Mobile Ticketing Market
Persistence Market Research puts forward an unbiased analysis of the global mobile ticketing market, providing historical demand data (2015-2019) and forecast statistics for the period of 2020-2030. To understand the opportunities in mobile ticketing market, the market is segmented on the basis of type (mobile ticketing applications and SMS mobile ticketing), application (travel tickets [airline tickets, railway tickets, bus tickets, and others], entertainment tickets, hotel bookings, and others), and region (North America, Latin America, Europe, East Asia, South Asia Pacific, and the Middle East and Africa).
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Mobile Ticketing Market: Segmentation
Type
Mobile Ticketing Applications
SMS Mobile Ticketing
Application
Travel Tickets
Airline Tickets
Railway Tickets
Bus Tickets
Others
Entertainment Tickets
Hotel Bookings
Others
Region
North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East & Africa
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductors and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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