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Global Mobile Ticketing Market to Surge at a Remarkable CAGR of 21.3% during the Period of 2016–2024

Press release Description

Albany, New York, May 15, 2017: With a rising focus on offering ease of accessibility and efficient services to customers, vendors are partnering with ticketing agents to create online portals and mobile ticketing apps for customers to make bookings online. This rapidly rising global mobile ticketing market due to technological evolution is the focus of a new research report recently added to the vast online offerings of Market Research Reports Search Engine (MRRSE). The title of this report is “Mobile Ticketing Market: Global Industry Analysis and Forecast, 2016–2024”. This market report provides a detailed enquiry about the global mobile ticketing market and offers insights on the different factors driving the popularity of the market.

The report predicts that the global mobile ticketing market will escalate at a CAGR of 21.3% between 2016 and 2024. Rising at this rate, market is expected to reach a value of US$ 3,200 million by 2024. This high growth rate can be attributed to the rising number of smartphone users as well as growing usage of mobile ticketing apps across the transportation sector all over the globe. This research report starts with an overview of the global mobile ticketing market. Besides this, this section covers an analysis of drivers, restraints, challenges and opportunities from the supply, demand and economy prospective, which are impacting the global mobile ticketing market. This market report provides an all-inclusive assessment of major stakeholder strategies for succeeding in the business. Macro-economic factors that directly and indirectly impact the global mobile ticketing market are also incorporated within the scope of the report. Ongoing market trends are also examined and included in the report with exhaustive information about the different segments of the market to facilitate the readers with crystal clear decision-making insights.

The global mobile ticketing market finds applications in sectors such as travel tickets, entertainment tickets, hotel booking and others. The major market segments based on type are mobile ticketing application and SMS mobile ticketing. Geographical regions studied in the report are North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Some of the key vendors operating in the global mobile ticketing market are Masabi Ltd, Gemalto N.V., inmodo AB, Margento B.V., ShowClix LLC, Rapidsoft Systems Inc, Digital Management Inc., AEP Ticketing Solutions Srl, Scheidt & Bachmann GmbH, moovel Group GmbH and others.

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