Mobile Ticketing Market – Overview —
The decline in the use of paper tickets has paved the way for the development of the mobile ticketing market. Reports that explore the information and communication technology industry have been presented by Market Research Future, which produces reports on industry verticals that appraise the market expansion and prospects. The market shows the promise of achieving USD 4026 Million while developing at a 19 % CAGR in the forecast period.
The diffusion of mobiles in modern society has created additional opportunities for growth in the forecast period. The popularity of online ticketing portals and digitization of the ticketing process has improved the scope for development of the market for mobile ticketing. Moreover, improvement in mobile software technology is projected to further incentivize the evolution of the mobile ticketing market.
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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
The segmentation of the Mobile Ticketing Market has been conducted on the basis of technology, application, type, and region. The segmentation based on the application of the mobile ticketing market comprises of travel tickets, entertainment tickets, and others. On the basis of technology, the mobile ticketing market has been segmented into optical character recognition (OCR), 2D bar code, and near field communication (NFC) technology. The 2D bar code has been sub-segmented into QR code and PDF 417. On the basis of type, the mobile ticketing market has been segmented into SMS ticketing and mobile applications. Based on the regions, the mobile ticketing market is segmented into the Middle East, Europe, APAC, North America, Africa, and Latin America.
Detailed Regional Analysis
The regional analysis of mobile ticketing is being studied in regions such as the Middle East, Europe, APAC, North America, Africa, and Latin America. The analysis of the mobile ticketing market states that the North American region is governing the mobile ticketing market due to the elevated penetration of mobile ticketing uses and is followed by the European region. It has also been noticed that the use of mobile ticketing for concerts which started initially in the European region has gained significant momentum. As the European region had initial adoption of mobile ticketing it also has control over the second principal market share in the mobile ticketing market. The Asia Pacific region is anticipated to develop considerably in the mobile ticketing market over the forecast period owing to factors such as the mounting improvements in mobility and opening of NFC.
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• Technology investors
• Mobile Ticketing service providers
• Internet service providers
• Mobile Ticketing platform providers
• Technology providers
• Research/Consultancy firms
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