Global Mobile Ticketing Market to Grow at a CAGR of 20.09% During the Period 2016-2020

"The Report Global Mobile Ticketing Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

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Albany, NY -- (SBWire) -- 06/10/2016 --Description

About the Mobile Ticketing Market

Mobile ticketing is the process in which customers purchase and obtain tickets using their smartphones or other mobile devices. There are several applications for mobile ticketing, including event ticketing, airline ticketing, transit ticketing, and theatre ticketing.

Mobile ticketing is an initiative to enhance the role of mobile phones in ticketing services. The use of mobile phones will enable consumers to buy tickets and to carry tickets within the phones secure universal integrated circuit card. This will work as an alternative to the traditional electronic card-based tickets and will provide additional functionality and convenience to end-users. Mobile ticketing will also provide more opportunities for service providers. For instance, ticketing agencies will be able to access new channels via the mobile handset to bring value-added services such as traveler guides to the market.

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Technavios analysts forecast the Global Mobile Ticketing Market to grow at a CAGR of 20.09% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global mobile ticketing market for the period 2016-2020. To calculate the market size, the report considers the revenues generated from the sale of mobile ticketing solutions.

The market is divided into the following segments based on geography:

Americas
APAC
EMEA

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Technavio's report, Global Mobile Ticketing Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Bytemark
Corethree
Eventbrite
Gemalto
Masabi
ShowClix

Other prominent vendors
Bizzabo
eos.uptrade
Margento
Open Mobile Ticketing Alliance
StubHub
TickPick

Market driver
High demand from transportation sector
For a full, detailed list, view our report

Market challenge
Privacy and security concerns over mobile ticketing solutions
For a full, detailed list, view our report

Market trend
Emergence of mobile wallets
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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View this press release online at: http://rwire.com/696859