Pune, India -- (SBWIRE) -- 05/30/2018 -- 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. In addition, mobile tickets reduce the production and distribution costs that are associated with traditional paper-based ticketing channels. Mobile tickets can be purchased in different ways that include online, via text messaging or over the phone through a voice call, WAP page, or through a secure mobile application.

The Mobile Ticketing market estimate is anticipated to develop at a Compound Annual Growth Rate (CAGR) of +20%.
Mobile Ticketing Market offers an in-depth and wide-ranging overview of this market to all users looking to expand their business profiles in any aspect. The report establishes a solid foundation for all users looking to enter the global market in terms of market inclinations, opportunities, hindrances, and competitive landscape analysis.

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Companies Profiled in this report includes, Bytemark, Corethree, Eventbrite, Gemalto, Masabi, ShowClix, Bizzabo, Margento, Open Mobile Ticketing Alliance, StubHub, TickPick.

The study indicates that the rising penetration of smartphones is one of the factor driving the mobile ticketing market. Apart from it the demands of instant ticket booking, digitization and emergence of latest technologies is driving the mobile ticketing market. The study indicates that mobile ticketing has many advantages as reduced paperwork time, reduced chance of errors and immediate accessibility of information. It has been observed that these benefits of mobile ticketing are boosting the mobile ticketing market. The study indicates that the mobile ticketing market has a few restraints one of the major restraint is lack of awareness.

Optical Character Recognition (OCR), bar-code, and Near Field Communication (NFC) are the major technologies used in the mobile ticketing solutions. The NFC is estimated to account for the major share in the market owing to the increasing adoption of the technology in smartphones. The growth of the market is attributed to the compatibility of the NFC technology with smartphones. The technology enables smartphones to emulate the smart cards such as travel cards used in the transportation. Furthermore, the numerous benefits offered by the technology to the end users and service providers also drive the mobile ticketing market growth.

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Transportation, hospitality, and entertainment service providers are the major end users of the mobile ticketing solution. Transportation dominates the end-users' market. The increasing adoption of the mobile ticketing solution among the public transportation service providers is the major factor driving the growth of the market. Furthermore, the development of several smart city initiatives across the countries is also one of the major factors augmenting the growth of the mobile ticketing market.

Six of the key geographies across the world have been assessed in the report, viz. Asia-pacific, Europe, Latin America, Middle East and Africa, and North America. The progress of each of these countries and regions has been examined on the basis of share, price, local consumption, export, import, and local supply. Besides this, the report has provided a basic overview of all these geographies.

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Significant Highlights of the Report:
- A pure assessment of the orbit of the market
- Studies on the evolving Global Mobile Ticketing market segments regions
- Market shares and strategies of leading players that are involved in the market
- Market segmentation up to the last level
- A point-to-point assessment of the market development
- Historical, present, and future size of the market from the perspective of both value and volume
- Suggestions to the companies to establish their foothold in the market

Table of Contents
Global Mobile Ticketing Market Research Report
Chapter 1 Mobile Ticketing Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Mobile Ticketing Market Forecast