Global Mobile Ticketing Market, By Type (SMS Ticketing, Mobile Applications), Technology (OCR, 2D Bar Code, NFC), Application (Travel Tickets, Entertainment Tickets), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Mobile Ticketing Market
Mobile ticketing market will reach at an estimated value of USD 321.80 million by 2021 and grow at a CAGR of 16.95% in the forecast period of 2021 to 2028. Rise in the adoption of m-ticking surging sales is an essential factor driving the mobile ticketing market.
Mobile ticketing apps helps in increasing the probability of consumer spending on mobile ticketing applications for numerous purposes, such as bus tickets, booking of movie tickets, flight tickets, and many more, leading to higher potential sales of mobile ticketing applications. Mobile ticketing also helps in providing users the option of buying tickets for single or multiple fares.
Increase in the mobile ticketing in transportation sector is a crucial factor accelerating the market growth, also rise in the number of consumers willing to use mobile ticketing apps for travelling as well as entertainment, increase in the research and development activities and rise in the demand from emerging economies are the major factors among others boosting the mobile ticketing market. Moreover, increase in the technological advancements and modernization in the production techniques will further create new opportunities for mobile ticketing market in the forecast period mentioned above.
However, rise in the cost of research and development activities in the market acts as the major factor among others restraining the market growth, and will further challenge the mobile ticketing market in the forecast period mentioned above.
This mobile ticketing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on mobile ticketing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Mobile Ticketing Market Scope and Market Size
Mobile ticketing market is segmented on the basis of type, technology and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, mobile ticketing market is segmented into SMS ticketing and mobile applications.
- Based on technology, the mobile ticketing market is segmented into OCR, 2D bar code and NFC
The mobile ticketing market is also segmented on the basis of application into travel tickets and entertainment tickets.
Mobile Ticketing Market Scope Country Level Analysis
Mobile ticketing market is analysed and market size, volume information is provided by country, type, technology and application as referenced above.
The countries covered in the mobile ticketing market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the mobile ticketing market due to increase in the extensive usage of mobile ticketing applications by end users for booking entertainment tickets such as movies and concerts, and bookings for flights and other transportation facilities in this region.
The country section of the mobile ticketing market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Mobile Ticketing Market Share Analysis
Mobile ticketing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to mobile ticketing market.
The major players covered mobile ticketing market report are Inmodo AB, Masabi Ltd.,Gemalto N.V., Margento B.V, Digital Management, Inc., ShowClix Inc., Moovel Group GmbH, Rapid Systems, Inc., AEP Ticketing Solutions Srl, Scheidt & Bachmann GmbH, Infineon Technologies, Cubic Corporation, Rambus, Vix Technology, Confidex, Giesecke Devrient, HID Global, Verimatrix and Indra Sistemas among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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