The smart ticketing market is expanding due to digital solutions, offering seamless experiences in various industries. Growth is expected from 2022-2027.
According to IMARC Group’s latest report, tittle “Smart Ticketing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the global smart ticketing market reached a value of US$ XX Billion in 2021.Smart ticketing refers to a technological solution that offers convenient, quick, easy-to-use and contactless generation of tickets through digital tools. It involves the use of smartcards and e-ticketing devices embedded with microchips. Smart tickets provide a seamless traveling and entertainment experience and aid in minimizing the dependence on physical ticketing counters at stations, theatres and stadiums. The ticketing solutions are usually integrated with online payment solutions for enhanced convenience of the user. As a result, it finds extensive applications used across various industries, such as entertainment, transportation, gaming, healthcare and sports.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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The global smart ticketing market is primarily being driven by significant growth in the entertainment industry, along with the increasing preference for booking tickets online among the masses. Moreover, various technological advancements, such as the launch of mobile applications and websites, e-ticket solutions, digital transaction, biometric and QR code solutions integrated with artificial intelligence (AI) and the Internet of Things (IoT) solutions, are favoring the market growth. Other factors, including the increasing utilization of smart ticketing in the transportation industry, along with the availability of attractive offers and discounts on online ticketing applications, are creating a positive outlook for the market. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027.
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The article discusses the global smart ticketing market trends, growth, and opportunities from 2022-2027.
What industries benefit from smart ticketing? Entertainment, transportation, and sports industries benefit from smart ticketing solutions.
What drives the smart ticketing market growth? Technological advancements and online ticketing preferences drive growth.
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