Global Online Movie Ticket Market, By Type (Platform, Mobile Devices, Desktops), Movie Genre (Drama Movies, Adventure Movies, Comedy Movies, Thriller, Suspense and Horror Movies, Action Movies, Other Genre), Application (Cinema, Entertainment Place, Shopping Malls, Others), 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 Online Movie Ticket Market
Online movie ticket market is expected to witness market growth at a rate of 6.50% in the forecast period of 2021 to 2028. Data bridge market Research report on online movie ticket market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. Rise in consumer’s inclination towards mobile applications for booking movie tickets over traditional services is escalating the growth of online movie ticket market.
Online movie ticket refers to movie tickets that are purchased through websites or mobile phone apps. The website or phone application provides the consumer facility to book movie tickets at ease and also, gather information about the theatres and movies. Customer needs to register, provide required details and pay online to book the movie tickets.
The rise in demand for online movie ticket as it serves as a quicker, convenient and hassle free alternative to the traditional making the process easier for consumer accelerates the online movie ticket market. The change in consumer’s preference towards online booking platforms and applications because of the process being time saving and the attractive discounts and deals offered by the service providers influence the market. Several leading companies are focusing on over-all consumer’s experience by modifying their online platforms in order to cater requirements of their customers which also act as a driving factor of the market. Additionally, rapid urbanization, increase of disposable income, change in lifestyle and the emergence of theatres with high-definition screens and luxurious seating positively affect the online movie ticket market. Furthermore, the development in internet connectivity such as 4G and 5G, penetration of broadband services and easy access over internet-connected devices such as smartphones, laptops, PCs and tablets extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, high cost on unappealing movies and additional charges applied by some online portals are factors expected to obstruct the market growth. Lack of price supervision is projected to challenge the online movie ticket market in the forecast period of 2021-2028.
This online movie ticket market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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 online movie ticket market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Online Movie Ticket Market Scope and Market Size
Online movie ticket market is segmented on the basis of type, movie genre and application. The growth among segments helps you analyze 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, the online movie ticket market is segmented into platform, mobile devices and desktops.
- On the basis of movie genre, the online movie ticket market is segmented into drama movies, adventure movies, comedy movies, thriller, suspense and horror movies, action movies and other genre.
- On the basis of application, the online movie ticket market is segmented into cinema, entertainment place, shopping malls and others.
Global Online Movie Ticket Market Country Level Analysis
Online movie ticket market is analyzed and market size, volume information is provided by country, type, movie genre and application as referenced above.
The countries covered in the online movie ticket market report are the 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 online movie ticket market due to the high usage of smartphones, innovative advertising, increase in adoption of mobile ticketing apps acting as an eco-friendly procedure due to the discarding of paper and the growing popularity of online transactions among people in the region. Latin America and Asia-Pacific are expected to witness significant growth in CAGR in the forecast period of 2021 to 2028 because of the rise in disposable income, increase in the penetration of internet, economic growth, preference for luxurious lifestyle and growing adoption of western trends in the region.
The country section of the 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 Online Movie Ticket Market Share Analysis
Online movie ticket 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 online movie ticket market.
The major players covered in the online movie ticket market report are Atom Tickets LLC., BookMyShow, Carnival Cinemas, Cineplex Entertainment LP, Fandango, INOX LEISURE, Zoonga., Moviefone, Mtime, One97 Communications, PVR LTD., VOX Cinemas, Cinemark USA, Inc., Paytm, Orbgen Technologies Pvt. Ltd., Ticket4u, GoPaisa, GrabOn, MobiKwik System Pvt Ltd, MOVIE CARD INDIA, 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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