GITNUX MARKETDATA REPORT 2024

Mobile Ticketing Industry Statistics

The mobile ticketing industry is expected to reach a market size of $100 billion by 2025, with a projected annual growth rate of 15%.

In this post, we will explore the dynamic landscape of the mobile ticketing industry, backed by a series of compelling statistics. From the exponential growth projections to regional market dominance and technological advancements, the insights shared here shed light on the significant shifts and trends shaping the future of ticketing services.

Statistic 1

"The global mobile ticketing market size was valued at USD 1.4 billion in 2019 and is expected to register a compound annual growth rate (CAGR) of 15.9% from 2020 to 2027."

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Statistic 2

"North America dominated the mobile ticketing marketplace with over 30% share in 2019."

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Statistic 3

"The entertainment sector is projected to account for significant revenue share in the mobile ticketing market by 2027."

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Statistic 4

"The use of Near Field Communication (NFC) and QR codes technology is projected to increase, with NFC expected to expand at a CAGR of over 16% from 2020 to 2027."

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Statistic 5

"In 2019, the transport application segment held the largest share of over 40% in the mobile ticketing market and is expected to retain its dominance over the forecast period."

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Statistic 6

"Approximately 23 billion transport tickets will be delivered via mobile by 2020."

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Statistic 7

"By 2020, digital tickets will account for more than 1 in 2 ticket transactions."

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Statistic 8

"The smart ticketing market is predicted to reach USD 20.4 billion by 2023."

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Statistic 9

"Among application type, the travel tickets segment is estimated to hold the maximum market share of 45.7% in 2018."

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Statistic 10

"North America and Europe accounted for a significant share in the global market in 2016."

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Statistic 11

"The barcode segment holds the largest share in the technology segment and is estimated to retain its dominance in the upcoming years."

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Statistic 12

"Approximately 2 million cards and tickets were in active use for transit in 2019 globally."

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Statistic 13

"32% of U.S. mobile owners and 45% of smartphone owners have used their phone to purchase a product."

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Statistic 14

"Mobile and Wearables are expected to deliver over 34 billion digital tickets by 2023."

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Statistic 15

"By 2025, the use of mobile contactless ticketing will make up 50% of all smart ticket shipments globally."

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In conclusion, the mobile ticketing industry is witnessing significant growth and evolution, driven by advancements in technology and changing consumer behaviors. The statistics reveal a promising future, with forecasts of increased adoption of NFC and QR code technologies, substantial revenue generation from the entertainment sector, and a surge in the use of digital tickets. North America’s dominance, along with the growing market shares of smart ticketing and mobile contactless ticketing, further underscore the industry’s momentum and potential. With projections pointing towards continued expansion and innovation, the mobile ticketing industry is poised for continued success and disruption in the years to come.

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