Accueil Non classé Mobile Ticketing Market Report, Trends, Size, Share, Demand, Growth Opportunities, Industry Revenue, Future and Business Analysis by Forecast – 2027

Mobile Ticketing Market Report, Trends, Size, Share, Demand, Growth Opportunities, Industry Revenue, Future and Business Analysis by Forecast – 2027

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Market Analysis

Market Research Future (MRFR) projects the global mobile ticketing market to exceed USD 4000 million at a CAGR of 19% from 2016 to 2022 (forecast period).

Mobile ticketing is a new addition to the ticket booking online system. Mobile ticketing makes it easy to book transportation tickets (such as trains, buses, and airplanes) as well as entertainment tickets to play zones, movies, theatres, and comedy acts online. The ticket is now available on our phones with a few clicks, which saves paper. The mobile ticketing market has grown in popularity because of its low production costs, ease of use, lower distribution costs, and enhanced customer convenience. Smartphones and smart handheld devices have been the most important factors in driving demand for the mobile ticketing market.

COVID-19 Impact on the Global Mobile Ticketing Market

The outbreak of the COVID-19 pandemic brought the globe to a halt. A virus that began in a flea market in Wuhan, China, put the entire world under lockdown, affecting the industrial market growth. The IT sector is expected to have a mixed impact as a result of the virus’s widespread outbreak and propagation around the world. Mobile ticketing is projected to have a favorable impact in different industries such as transportation, hotel bookings, and so on throughout the years 2021-2022. Mobile ticketing is more popular now because contact-free options are available, as paper-based ticketing was hazardous during the outbreak.

Market Segmentation

The global mobile ticketing market has been segmented into type, technology, application, and vertical.

By type, the global mobile ticketing market has been segmented into SMS ticketing and mobile applications.

By technology, the global mobile ticketing market has been segmented into Bar-code, Optical Character Recognition (OCR), and Near Field Communication (NFC). NFC is anticipated to register maximum growth in the upcoming years.

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Regional Analysis

Region-wise, the global mobile ticketing market has been segmented into North America, Europe, Asia Pacific, and the rest of the world.

According to the most recent market study on the worldwide mobile ticketing market, North America is the market leader. European countries such as Germany, France, Italy, Belgium, and others have seen a rapid market expansion in the mobile ticketing industry. Because Europe was the first market to introduce concert ticketing online booking via mobile ticketing, it paved the way for global mobile ticketing in the entertainment industry.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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