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%.

Highlights: Mobile Ticketing Industry Statistics

  • 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.
  • North America dominated the mobile ticketing marketplace with over 30% share in 2019.
  • The entertainment sector is projected to account for significant revenue share in the mobile ticketing market by 2027.
  • 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.
  • 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.
  • Approximately 23 billion transport tickets will be delivered via mobile by 2020.
  • By 2020, digital tickets will account for more than 1 in 2 ticket transactions.
  • The smart ticketing market is predicted to reach USD 20.4 billion by 2023.
  • Among application type, the travel tickets segment is estimated to hold the maximum market share of 45.7% in 2018.
  • North America and Europe accounted for a significant share in the global market in 2016.
  • The barcode segment holds the largest share in the technology segment and is estimated to retain its dominance in the upcoming years.
  • Approximately 2 million cards and tickets were in active use for transit in 2019 globally.
  • 32% of U.S. mobile owners and 45% of smartphone owners have used their phone to purchase a product.
  • Mobile and Wearables are expected to deliver over 34 billion digital tickets by 2023.
  • By 2025, the use of mobile contactless ticketing will make up 50% of all smart ticket shipments globally.

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The Latest Mobile Ticketing Industry Statistics Explained

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.

This statistic indicates that in 2019, the global mobile ticketing market was worth USD 1.4 billion. Furthermore, it is projected to experience significant growth with a compound annual growth rate (CAGR) of 15.9% from 2020 to 2027. This suggests that the market is expected to increase rapidly over the forecasted period, reaching a much higher value by the end of 2027. The rising adoption of mobile ticketing solutions, advancements in technology, and increasing smartphone penetration are likely to be key factors driving this growth in the mobile ticketing market.

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

The statistic states that North America had the largest market share in the mobile ticketing industry, accounting for more than 30% of the market in 2019. This suggests that North America was the leading region in terms of mobile ticketing adoption and usage during that year. The dominance of North America in this sector indicates that the region has a strong infrastructure and consumer base supporting mobile ticketing services, likely due to factors such as technological advancements, widespread smartphone usage, and consumer preferences for convenience and efficiency in ticketing processes. This statistic highlights the significance of North America in the global mobile ticketing marketplace and provides insights into regional trends and market dynamics within the industry.

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

This statistic suggests that the entertainment sector is expected to play a major role in generating revenue within the mobile ticketing market by 2027. This indicates a forecasted growth in the adoption and usage of mobile ticketing services within the entertainment industry, encompassing events such as concerts, movies, sports games, and other live performances. The increasing reliance on mobile devices for ticket purchases and event access is projected to drive substantial revenue for the mobile ticketing market, with the entertainment sector emerging as a key contributor to this growth trend by the year 2027.

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.

This statistic indicates that the adoption and utilization of both Near Field Communication (NFC) and QR codes technology are forecasted to grow in the upcoming years, with NFC emerging as the faster-growing technology, projected to expand at a Compound Annual Growth Rate (CAGR) exceeding 16% between 2020 and 2027. NFC technology allows for seamless communication and data exchange between devices in close proximity, offering convenience and efficiency in various applications such as contactless payments, access control, and data transfer. This growth projection suggests a rising demand for efficient and secure wireless communication technologies, with NFC playing a significant role in meeting these evolving needs across industries.

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.

The statistic indicates that in 2019, the transport application segment had the highest market share in the mobile ticketing market, accounting for over 40% of the total market share. This suggests that a significant portion of mobile ticketing services were utilized for transportation-related purposes such as booking tickets for trains, buses, or flights. Furthermore, it is projected that this segment will continue to lead the market and maintain its dominance in the upcoming period. This could be attributed to the growing adoption of mobile ticketing solutions in the transport sector, improved accessibility and convenience for users, as well as the increasing use of smartphones and mobile apps for travel-related transactions.

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

The statistic “Approximately 23 billion transport tickets will be delivered via mobile by 2020” indicates that a significant shift is expected in the way transport tickets are distributed and used, with a growing trend towards mobile ticketing solutions. This projection suggests that an increasing number of travelers will opt to use their mobile devices, such as smartphones or tablets, to access and store their tickets for various modes of transportation. This transition to mobile ticketing is driven by advancements in technology, increased convenience for users, and the potential for improved efficiency in ticket management and operations within the transport industry. The scale of 23 billion mobile tickets by 2020 underscores the rapid adoption and integration of digital solutions in the ticketing processes of transportation services worldwide.

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

The statistic ‘By 2020, digital tickets will account for more than 1 in 2 ticket transactions’ indicates that by the year 2020, more than 50% of all ticket transactions will be carried out using digital tickets as opposed to traditional paper tickets. This suggests a significant shift in consumer behavior towards digital platforms for purchasing and storing tickets for events, travel, entertainment, and other activities. It reflects the increasing prevalence and convenience of digital technology in modern society, as well as the growing preference for electronic transactions over paper-based methods. This trend highlights the importance for businesses and industries to adapt and invest in digital ticketing solutions to meet the changing demands and expectations of consumers.

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

The statistic indicates a forecasted growth in the smart ticketing market, where the total market value is estimated to reach USD 20.4 billion by the year 2023. This prediction suggests a significant increase in the adoption and utilization of smart ticketing systems across various industries such as transportation, entertainment, and events. Factors contributing to this growth may include advancements in technology, increasing demand for convenient and efficient ticketing solutions, and a shift towards digitalization and automation. This projection provides insight into the potential opportunities and market trends within the smart ticketing industry, highlighting the importance of implementing innovative solutions to meet the evolving needs of consumers and businesses.

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

This statistic indicates that within the application type category, the segment related to travel tickets had the largest market share in 2018, estimated to be 45.7%. This suggests that among all the different types of applications considered, such as for retail, entertainment, or utilities, the highest proportion of usage or revenue came from applications specifically related to travel ticketing services. This information can be valuable for businesses and policymakers in the travel industry, as it highlights the significant share of the market held by travel ticket applications and may inform strategic decisions related to investment, development, or marketing within this sector.

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

This statistic indicates that combined, the regions of North America and Europe held a substantial portion of the total market in the world in 2016. It suggests that a large portion of global economic activity, product consumption, or market demand originated from or was concentrated in these two geographic areas during that particular year. This data point highlights the significance of North America and Europe as key players in the global market and underscores the potential impact of their economic activities on global trends and dynamics.

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

The statement indicates that among various technology segments, the barcode segment currently has the highest market share. This suggests that barcoding technology is widely used and favored in various industries. The projection that it will continue to dominate in the future implies that the demand for barcode technology is expected to grow or at least remain stable. This could be due to the efficiency, accuracy, and cost-effectiveness of barcoding systems compared to other technologies. As a result, businesses and organizations are likely to continue relying on barcodes for activities such as inventory management, product tracking, and supply chain operations.

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

The statistic that approximately 2 million cards and tickets were in active use for transit in 2019 globally signifies the widespread adoption and utilization of electronic payment systems for public transportation services across the world. This data point indicates that a significant number of people rely on these cards and tickets for their daily commute, highlighting the importance of efficient and convenient payment methods in the transit industry. The large scale deployment of such systems suggests a shift towards modernizing and streamlining the ticketing processes, potentially leading to improved efficiency, cost-effectiveness, and customer satisfaction within the public transportation sector on a global scale.

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

The given statistic states that 32% of all mobile phone owners in the United States and 45% of smartphone owners have utilized their devices to make a purchase. This suggests that a significant proportion of both mobile phone and smartphone users engage in mobile purchasing behavior, highlighting the increasing popularity and convenience of mobile commerce. The higher percentage among smartphone owners compared to all mobile phone owners indicates that individuals with smartphones are more likely to make purchases using their devices. This trend underscores the importance of mobile-friendly platforms and marketing strategies for businesses looking to target consumers through mobile channels.

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

The statistic that Mobile and Wearables are expected to deliver over 34 billion digital tickets by 2023 reflects the increasing trend towards digitalization in ticketing services. This growth is driven by the convenience and accessibility offered by mobile devices and wearables in delivering tickets for various events and services. The widespread adoption of smartphones and wearable technology has made it easier for consumers to purchase, receive, and use digital tickets, eliminating the need for physical tickets. This statistic indicates a significant shift in the ticketing industry towards digital solutions, with mobile and wearables playing a key role in transforming the way tickets are distributed and accessed.

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

The statistic suggests that by the year 2025, half of all smart ticket shipments worldwide will be attributed to the use of mobile contactless ticketing technology. This indicates a significant increase in the adoption and utilization of mobile contactless ticketing solutions for various services such as transportation, events, and other forms of ticketing. This trend underscores the growing preference and convenience of using mobile devices for contactless transactions, highlighting a shift towards more streamlined, efficient, and secure ticketing experiences for consumers. The projection also emphasizes the pivotal role that mobile technology is expected to play in shaping the future of ticketing services on a global scale.

Conclusion

The statistics and trends discussed in this blog post highlight the rapid growth and promising future of the mobile ticketing industry. As more consumers embrace mobile technology and seek convenience in their ticket purchases, businesses and event organizers have a tremendous opportunity to leverage these platforms for enhanced customer engagement and sales. By staying informed and adapting to the changing landscape of ticketing services, companies can position themselves for success in this evolving industry.

References

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5. – https://www.www.marketsandmarkets.com

6. – https://www.www.futuremarketinsights.com

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How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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