Mobile Ticketing Market to Observe Strong Growth to Generate Massive Revenue in Coming Years

The latest study released on the global 'Mobile Ticketing' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Mobile Ticketing' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Some of the key players profiled in the study are:
Zendesk (United States), Masabi (United Kingdom), Helpshift (United States), Proxama (United Kingdom), ticketscript (The Netherlands), Airtag (France), Gemalto (France), Ace Ticket Worldwide (United States), Alliance Tickets (United States), Coast to Coast Tickets (United States), RazorGator (United States), StubHub (United States)
Mobile ticketing is the process in which the customers' orders and pay for tickets, obtain and/or validate tickets using mobile phones. This doesn't require the need for a physical ticket. A mobile ticket contains a unique ticket verification. Mobile ticketing provides several benefits including greater convenience for transit agencies and passengers, enhanced data collection, as well as the reduction in fare evasion and an increase in fare revenues for transit agencies. It also provides the ability to integrate real-time passenger information systems, onboard Wi-Fi and other services.

In Feb 2018, moovel North America, the leading provider of public transit mobile ticketing and fare validation solutions, announced the launch of Caltrain Mobile, a mobile application designed to provide a more convenient and accessible ticketing solution for Caltrain, the commuter rail service along the San Francisco Peninsula and Santa Clara Valley. Powered by moovel, Caltrain Mobile gives Caltrain's estimated 65,000 daily weekday riders an opportunity to easily purchase, store and access fares directly on their smartphones.
In July 2016, Masabi launched the JustRide mobile ticketing platform for Metro North Railroad (MNR) Hudson Line and Long Island Rail Road (LIRR) Port Washington Lines. Passengers can purchase tickets and travel using smartphones as an all-in-one ticket vending machine and ticket.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Mobile Ticketing Market various segments and emerging territory.

Influencing Market Trend
• Advanced Technologies in the Smart Ticketing Systems
• Rise in Demand for Biometrics and Wearable Technology
Market Drivers
• Growing Adoption of Mobile Phones around the Globe
• Rising Need for Booking Anytime, Anywhere Owing To Busy Lifestyle of People
• Demand for Instant Ticket Booking and Digitalization and Emergence of Latest Technologies
Challenges:
• Proper Internet Connectivity
• Lack of Standardization and Performance Consistency

Analysis by Type (Mobile Ticketing Application, SMS Mobile Ticketing), Application (Entertainment Ticket, Travel Ticket), Technology (OCR, 2D, NFC Technology), Payment Mode (Credit Card, Debit Card, Prepaid cards/vouchers)

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The regional analysis of Global Mobile Ticketing Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

The US is one of the world’s most mature markets for smartphones. In 2015, the number of smartphone users in the US touched 190.7 million, recording an increase of around 8 percent over 2014. This is almost 60 percent of the country’s population. Smartphone penetration has increased from 20 percent in 2010 to 60 percent in 2015. In 2016, the number of smartphone users in the US is expected to reach 207.2 million

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/80628-global-mobile-ticketing-market?utm_source=OpenPR/utm_medium=Rahul

Highlights of the Report
• The future prospects of the global Mobile Ticketing market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Mobile Ticketing market.

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About Author:
AMA Research & Media is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
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This release was published on openPR.