Market Overview:
The global mobile ticketing market is expected to grow at a CAGR of over 16% during the forecast period from 2018 to 2030. The increasing demand for paperless and cashless transactions is one of the major factors driving the growth of this market. In addition, the growing adoption of smartphones and other mobile devices is also contributing to the growth of this market. The global mobile ticketing market can be segmented on the basis of type into NFCs, QR codes, and barcodes. The NFCs segment is expected to hold a dominant share in this market during the forecast period owing to its high security features and ease-of-use. The QR codes segment is projected to grow at a higher CAGR than other segments during the forecast period due its low cost as compared to NFCs and barcodes. On the basis of application,the global mobile ticketing market can be divided into train, bus, airplane, bicycle, and others (ferry services etc.). Among these applications,the train application segment dominates this market owing to rising passenger traffic in railways across different regions worldwide.
Product Definition:
Mobile ticketing is the process of purchasing, managing, and using tickets for transportation services through a mobile device. This can include transit passes, carpool or vanpool reservations, bike-share memberships, and more. Mobile ticketing offers a number of benefits for both riders and transportation providers. Riders can use their phones to purchase tickets quickly and easily, without having to go through the hassle of finding a physical ticket machine or waiting in line. In addition, mobile tickets can be stored on devices like smartphones or smartwatches, making them easy to access when needed. For transportation providers, mobile ticketing offers an efficient way to manage fares and track usage patterns. It also helps reduce costs associated with traditional methods like paper tickets and customer service inquiries related to lost or forgotten tickets.
NFCs:
NFC (Near Field Communication) is a wireless technology used for secure financial transactions. It enables two-way communication between mobile devices and payment terminals, using simple tap-to-go technologies. NFCs are widely used in transportation applications such as ticketing and passes, where it helps passengers to avoid physical currency conversion while making payments at automated vending machines or ticket offices.
QR Codes and Barcodes:
QR codes and barcodes are two-dimensional codes that can be used for the purpose of identification as well as tracking. They are widely used in various applications such as banking, retail, marketing & advertising, and mobile ticketing. The global market is expected to witness significant growth over the forecast period owing to increasing adoption of these technologies by various organizations across different industry verticals for efficient management of their business operations.
Application Insights:
The train application segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growing railway infrastructure in developing countries including China, India and Brazil has boosted the growth of this application type. Moreover, governments across developed countries are making efforts to introduce e-ticketing systems for faster travel experience. For instance, MRT System Inc., a subsidiary of Mass Rapid Transit Corporation (MRT) was established in 2015 to provide online booking services for MRT trains.
The bus application segment is also expected to register significant growth over the forecast period owing to increasing government initiatives such as Bus Rapid Transport Systems (BRTS) that are being implemented across various cities around the world including Bogota- Colombia; Guangzhou-China; and Accra- Ghana among others. In addition, introduction of new mobile ticketing applications such as EasyBusin Ticketless Travels Pvt Ltd., Ola Buses Ltd., etc.
Regional Analysis:
The Asia Pacific region is expected to witness the highest CAGR of over the forecast period. The growth can be attributed to increasing smartphone penetration, rising investments in ticketing applications by government and private entities, and growing adoption of mobile ticketing solutions for various modes of transportation such as trains, buses, trams & light rail systems (TLRS), subways & underground trains (metro), and airplanes. Moreover, increasing demand for convenient travel options due to rapid urbanization in developing countries such as India and China is anticipated to drive regional market growth over the forecast period.
North America held a significant share in 2016 owing to early adoption of mobile ticketing solutions across several transportation agencies there. However; recent terrorist attacks have led governments across North America including U.S., Canada, Mexico etc.
Growth Factors:
- Increasing demand for smart transportation: The global market for smart transportation is expected to grow at a CAGR of over 15% during the forecast period. This can be attributed to the increasing demand for advanced and efficient modes of transportation. Mobile ticketing offers an efficient and convenient mode of ticketing, which is why it is gaining popularity among commuters.
- Proliferation of smartphones and tablets: The proliferation of smartphones and tablets has led to a surge in the number of people using mobile devices for various activities, including ticketing. In addition, the development of new technologies such as near-field communication (NFC) has made mobile ticketing even more popular among consumers.
- Government initiatives supporting mobile ticketing: Governments around the world are promoting the use of mobile tickets as they offer several advantages over traditional methods such as paper tickets or tokens. For instance, governments can save money by implementing mobile tickets instead of traditional methods since there is no need to print or distribute physical tickets/tokens anymore.. Additionally, governments can also track transit usage patterns with greater accuracy using mobile data analytics tools integrated with their transport systems.. This allows them to make better decisions about infrastructure investments and policymaking related to public transport systems.. Finally, commuters benefit from reduced waiting times at stations/bus stops due to eliminationof manual check-in procedures.. All these factors are contributingtothe growing adoptionofmobileticketingin transportation markets worldwide .
Scope Of The Report
Report Attributes
Report Details
Report Title
Mobile Ticketing in Transportation Market Research Report
By Type
NFCs, QR Codes and Barcodes
By Application
Train, Bus, Airplane, Bicycle
By Companies
Corethree, Gemalto, Masabi, Moovel, Bizzabo, Eos.uptrade, Margento, Open Mobile Ticketing Alliance, StubHub, TickPick
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Mobile Ticketing in Transportation Market Report Segments:
The global Mobile Ticketing in Transportation market is segmented on the basis of:
Types
NFCs, QR Codes and Barcodes
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Train, Bus, Airplane, Bicycle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Corethree
- Gemalto
- Masabi
- Moovel
- Bizzabo
- Eos.uptrade
- Margento
- Open Mobile Ticketing Alliance
- StubHub
- TickPick
Highlights of The Mobile Ticketing in Transportation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- NFCs
- QR Codes and Barcodes
- By Application:
- Train
- Bus
- Airplane
- Bicycle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mobile Ticketing in Transportation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mobile ticketing is a technology that allows passengers to purchase tickets and board transportation vehicles using their smartphones. This system can be used for both in-person and online purchases.
Some of the major companies in the mobile ticketing in transportation market are Corethree, Gemalto, Masabi, Moovel, Bizzabo, Eos.uptrade, Margento, Open Mobile Ticketing Alliance, StubHub, TickPick.
The mobile ticketing in transportation market is expected to grow at a compound annual growth rate of 16%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mobile Ticketing in Transportation Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mobile Ticketing in Transportation Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mobile Ticketing in Transportation Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mobile Ticketing in Transportation Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mobile Ticketing in Transportation Market Size & Forecast, 2020-2028
4.5.1 Mobile Ticketing in Transportation Market Size and Y-o-Y Growth
4.5.2 Mobile Ticketing in Transportation Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 NFCs
5.2.2 QR Codes and Barcodes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Train
6.2.2 Bus
6.2.3 Airplane
6.2.4 Bicycle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mobile Ticketing in Transportation Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mobile Ticketing in Transportation Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 NFCs
9.6.2 QR Codes and Barcodes
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Train
9.10.2 Bus
9.10.3 Airplane
9.10.4 Bicycle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 NFCs
10.6.2 QR Codes and Barcodes
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Train
10.10.2 Bus
10.10.3 Airplane
10.10.4 Bicycle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 NFCs
11.6.2 QR Codes and Barcodes
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Train
11.10.2 Bus
11.10.3 Airplane
11.10.4 Bicycle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 NFCs
12.6.2 QR Codes and Barcodes
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Train
12.10.2 Bus
12.10.3 Airplane
12.10.4 Bicycle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 NFCs
13.6.2 QR Codes and Barcodes
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Train
13.10.2 Bus
13.10.3 Airplane
13.10.4 Bicycle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mobile Ticketing in Transportation Market: Competitive Dashboard
14.2 Global Mobile Ticketing in Transportation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Corethree
14.3.2 Gemalto
14.3.3 Masabi
14.3.4 Moovel
14.3.5 Bizzabo
14.3.6 Eos.uptrade
14.3.7 Margento
14.3.8 Open Mobile Ticketing Alliance
14.3.9 StubHub
14.3.10 TickPick
