Global Online Movie Ticketing Services Market By Platform (Mobile, PC), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2020-2029

In today's technological era, the Internet of things (IoT) has become popular around the world. Almost all smart devices can connect to the internet and access data from any corner of the world. In earlier days, before the emergence of the internet, people use to buy tickets after visiting theaters. Now, the introduction of the internet made it easy to book shows as per choice. Almost all of the cinema theaters have adopted new technology to book tickets online. Online movie ticketing service is now one of the standard and most commonly used ways to book tickets. Online Ticketing service can also be used to book tickets for other events such as play, movies, matches, etc.

Online movie ticketing services are internet ticket booking services offered for the suitability of customers. Bookings can be made by digital mediums such as smart mobile phones, laptops, tablet PCs, and computers. Expansion of easy to use and new mobile applications has made online ticket booking easier than the traditional technique. It is an innovative service which helps in eliminating the conventional way of ticket booking and the long queues for movie tickets. Online movie ticketing service also provides online booking for 2D and 3D screen shows. The services offered by online booking include refund service, voice-based service, mobile app service, and e-ticketing service.

Growing popularity among youth consumers about the smart use of mobile phones and web applications are some factors expected to boost the growth of the global online movie ticketing market. Increasing digitalization, improvements in internet services, along with growing demand for comfortable, trouble-free, and faster options for daily purchases, are some factors further propelling the industry growth. In addition, rising disposable income of individuals, frequent releases of movies, and an increase in online booking service providers are some of the factors that play a decisive role in the growth of the target market. Whereas, an innovation of smart home theatre devices and its easy availability of theatre-like effects at home to stream new movies are some factors that may restrain the growth of the target market.

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A recent trend seen in the target market is service providers focusing on offering trailers, film reviews, and teasers along with film tickets in their websites and mobile applications to ensure an all-round experience for customers. Also, such websites or mobile applications provide users’ other content in the form of original video series, galleries, exclusive celebrity interviews, as well as news.

The global online movie ticketing services market is segregated into platform, application, and region. The platform segment includes Mobile and PC. The mobile segment is projected to register a significant market share in terms of revenue and maintain its dominance during the forecast period. This attributed to the rise in the development of mobile applications that provide online movie ticketing services. These services have intended to boost the awareness, popularity, and maintenance of the online booking service company.

Geographically, North America is estimated to dominate the target market owing to the growing popularity of online transactions and expanded procreation of technology in countries such as the US and Canada. Also, the adoption of online ticketing apps as an environment-friendly alternative to paper tickets, seat reservations, and dynamic seat pricing are some factors giving a new way for the growth of the target market. Asia Pacific online movie ticketing market is expected to hold major share in the global market due to rising disposable incomes, developing internet penetration, the launch of new movie theatres and multiplexes, and the increased adoption of western lifestyle in developing countries such as India and China.

Online Movie Ticketing Services Market Segmentation:

Based on the Platform:

• Mobile
• PC

Key Players in the market are:

• Fandango
• Bigtree Entertainment Pvt Ltd.
• Atom Tickets LLC
• com
• AOL Inc.
• VOX Cinemas
• Mtime
• Inox Leisure Ltd.
• Cineplex Inc.
• Cinemark Holdings Inc.
• Big Cinemas