Market Snapshot:
Mobile ticketing is the process in which the customers order and pay for tickets, and 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.
Highlights from Mobile Ticketing Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 17.7% |
The key Players profiled in the report are Zendesk (United States), Masabi (United Kingdom), Helpshift (United States), Proxama (United Kingdom), ticketscript (The Netherlands), Gemalto (France), Ace Ticket Worldwide (United States), Alliance Tickets (United States), RazorGator (United States), StubHub (United States), Bytemark (India), Corethree (United kingdom) and Eventbrite (United States). Additionally, other players that are part of this comprehensive study are ShowClix (United States), Margento (the Netherlands), TickPick (United States), Moovel (United States) and Others.
Geographic Breakdown and Segment Analysis
The Global Mobile Ticketing market presents a comprehensive analysis of the Mobile Ticketing market by end-user/application (Entertainment and Events, Tourism, Sports and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Mobile Ticketing industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Mobile Ticketing market
Analyst at AMA have segmented the market study of Global Mobile Ticketing market by Type, Application and Region.
Influencing Trend:
Advanced Technologies in the Smart Ticketing Systems and Rise in Demand for Biometrics and Wearable Technology
Market Growth Drivers:
Growing Adoption of Mobile Phones around the Globe, Rising Need for Booking Anytime, Anywhere Owing To Busy Lifestyle of People and Demand for Instant Ticket Booking and Digitalization and Emergence of Latest Technologies
Challenges:
Proper Internet Connectivity and Lack of Standardization and Performance Consistency
Restraints:
Lack of Knowledge Regarding the Usage of Mobile Ticketing App
Opportunities:
Mobile ticketing offers the convenience of contactless transactions, appealing to health-conscious consumers
Market Developments Activities:
In August 2021, StubHub, a ticket marketplace, introduced a mobile ticketing feature called "StubHub Mobile Entry." This feature allowed users to access and present their tickets directly from their mobile devices for entry into events. It aimed to enhance convenience, eliminate the need for physical tickets, and provide a seamless ticketing experience for StubHub users.
In September 2020, Ticketmaster, a prominent ticketing platform, introduced SmartEvent, a suite of technologies designed to enable contactless and mobile ticketing experiences. This included features like mobile ticket delivery, contactless entry, and ticket transfers, providing users with seamless and secure ticketing options.
Competition among existing players is due to the stiff market share occupied by leading players. The industry leader is engaged in offering innovative and superior-quality products to cater to the ever-growing demand for Mobile Ticketing. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage.
Key Target Audience
Technology Investors, Mobile Ticketing Service Providers, Internet Service Providers, Mobile Ticketing Platform Providers, Technology Providers and Research/Consultancy Firms