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Online Movie Ticketing Services Market Is Projected To Touch New Height $28.86 Billion By 2025: Grand View Research, Inc.

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Online Movie Ticketing Services Market Is Projected To Touch New Height $28.86 Billion By 2025: Grand View Research, Inc.

August 20
14:36 2019
Online Movie Ticketing Services Market Is Projected To Touch New Height $28.86 Billion By 2025: Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to a report published by Grand View Research, The global online movie ticketing services market size was valued at USD 17.98 billion in 2018 and is expected to register a CAGR of 6.5% from 2019 to 2025.

The global online movie ticketing services market size is expected to reach USD 28.86 billion by 2025, registering a CAGR of 6.5% over the forecast period, according to a new report by Grand View Research, Inc. Rising disposable income, along with changing customer preference towards online movie bookings, are primarily driving the growth.

Increased efforts made by industry players to make their website interfaces and mobile applications more user-friendly have influenced market growth positively. Service providers are focusing on redesigning their websites and smartphones applications to provide improved features such as select-your-own seat and view-from-seats to improve customer experience. Although online movie ticket sales through PCs currently garner the highest revenue share, bookings made through mobile applications are anticipated to lead the online movie ticketing services market over the forecast period.

U.S. online movie ticketing services market size, by platform, 2014 - 2025 (USD Billion)

North America accounted for the largest market share in 2018 and is expected to retain its dominance over the next six years. This growth is characterized by the evolution of a wide range of ticketing technologies in developed countries, such as U.S. Latin America is expected to witness a substantial growth during the forecast period, due to the shift of users towards digitized form of ticket booking. Asia Pacific is also projected to register high growth over the next six years, accredited to the well-established presence of renowned film industries in the region, which results in audiences thronging to catch a glimpse of their favorite superstars on big screens.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/online-movie-ticketing-services-market

Further key findings from the report suggest:

  • Mobile segment is anticipated emerge as the fastest growing platform, on account of the increasing adoption of smartphones and utilization of mobile applications to conduct online transactions

  • Asia Pacific is expected to expand at a CAGR of more than 8% over the next six years due to improved purchasing power of people across developing nations such as India

  • Key players operating in the online movie ticketing services market include AOL Inc.; Atom Tickets LLC; Bigtree Entertainment Pvt. Ltd.; Cinemark Holdings Inc.; Cineplex Inc.; Fandango; Inox Leisure Ltd.; Movietickets.com; Mtime; and VOX Cinemas

  • The players are facing tough competition from startups and innovators. To improve their market positions, companies focus on ways of expanding their presence and gaining a competitive edge over the other companies through strategic initiatives such as mergers and acquisitions and collaborative partnerships

Have Any Query? Ask Our Experts @ https://www.grandviewresearch.com/inquiry/1820/ibb

Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Information Procurement
                        1.1.1. Purchased Database
                        1.1.2. GVR’s Internal Database
                        1.1.3. Secondary Sources
                        1.1.4. Third Party Perspective
                        1.1.5. Primary Research
                    1.2. Information Analysis & Data Analysis Models
                    1.3. List of Data Sources
                    1.4. Research Scope & Assumptions
Chapter 2. Executive Summary
                    2.1. Market Snapshot & Key Buying Criteria, 2014 – 2025
Chapter 3. Online Movie Ticketing Services Industry Outlook
                    3.1. Market Segmentation & Scope
                    3.2. Market Size and Growth Prospects, 2014 – 2025
                    3.3. Value Chain Analysis
                    3.4. Market Dynamics
                        3.4.1. Market driver analysis
                            3.4.1.1. Increasing adoption of smartphones and PCs
                            3.4.1.2. Growing penetration of internet and broadband services
                            3.4.1.3. Rising disposable income
                        3.4.2. Market restraint analysis
                            3.4.2.1. Lack of price supervision and uncertainty over ticket prices
                    3.5. Penetration & Growth Prospect Mapping
                    3.6. Business Environment Analysis
                        3.6.1. PEST Analysis
                            3.6.1.1. Political Landscape
                            3.6.1.2. Economic Landscape
                            3.6.1.3. Social Landscape
                            3.6.1.4. Technology Landscape
                        3.6.2. Porter’s Five Forces Analysis
                            3.6.2.1. Threat of New Entrants
                            3.6.2.2. Bargaining Power of Supplier
                            3.6.2.3. Bargaining Power of Buyers
                            3.6.2.4. Threat of Substitutes
                            3.6.2.5. Competitive Rivalry
                    3.7. Key Company Ranking Analysis, 2018

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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Website: www.grandviewresearch.com/industry-analysis/online-movie-ticketing-services-market