Mobile Ticketing Market Trends and Key Players 2018-2023 | Ozone Market Reports
Ozone Market Reports projects that the Mobile Ticketing market size will grow from XX Million in 2018 to XX Million by 2024, at an estimated CAGR of XX %. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023. 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. For repeated purchases such as daily train tickets, mobile applications or text messaging can be used. However, there are certain drawbacks associated with this process. They include