Global Mobile Ticketing Software Market – Forecast and Analysis by Ticketing Type, Technology, and End User

The global Mobile Ticketing Software has been estimated to grow at a moderately higher pace during the forecast period at an approximated CAGR of 19.4%. This study focuses on the global Mobile Ticketing Software market present state, upcoming growth opportunities, future forecast, and key market players. The study aims to present the Mobile Ticketing Software market development across all major regions across the globe. Mobile ticketing is a process through which customers can order, pay for, obtain and/or validate tickets using mobile phones or other mobile devices. Mobile ticketing is convenient as it provides new and simple ways to purchase tickets. The count of smartphone manufacturers have sky rocketed at a global level, and owing to the smartphones cost have declined gradually over past years. Attributed to this, a huge swarm of people have moved to smartphones from feature phones. This has further resulted into, increased population of people having smartphones. Besides, the ease of installing and using the mobile ticketing applications has been positively influencing the growth of the global mobile ticketing market

Rising need to make bookings anytime, anywhere is fueling the demand of mobile ticketing software

Owing to a busy lifestyle, people are not left with enough time to actually go to a physical store to book tickets for trains, buses and airline. In addition, attributing to the increasing urbanization, numerous organizations have built the provision of an online web applications for booking the tickets or hotels through the internet in order to digitally transform operations. With an increasing focus on offering ease of convenience and efficient services to clienteles, companies are progressively joining with ticketing agents to generate online portals for consumers to make bookings online. This technological trend is bolstering the global mobile ticketing market.

Travel Segment Lead the Mobile Ticketing Software, End-User Market

By End user, the global market is categorized into travel, and entertainment. The travel tickets segment, in terms of value, is probable to be highly striking segment by end-user in the global mobile ticketing market during the forecast period. However, the entertainment tickets segment is anticipated to register relatively successive Y-o-Y growth rates throughout the forecast period.

Incorporation of urban mobile ticketing is growing significantly in European market

Mobile ticketing applications are rapidly gaining traction in travel as well as entertainment sector. Across numerous various regions, particularly in Europe and North America recently launched several smart city projects, which also included mobile ticketing for transportation projects. These applications have simplified the process of booking public transportation on everyday basis, which makes it simpler for commuters to travel, as they can book their tickets with the help of a single app.

The key global players of Mobile Ticketing Software market are Ace Ticket Worldwide, Airtag, AllianceTickets, Coast to Coast Tickets, Helpshift, Masabi, Proxama, Razogrator, Ticketscript, and Zendesk among others.