USD 20.56 billion
Global Online Movie Ticketing Services Market Size, Share, Growth Analysis, By Platform Type(Mobile apps, websites), By Ticket Type(Movie tickets, event tickets), By Application(Cinema, entertainment place) - Industry Forecast 2024-2031
Report ID:
SQMIG25W2005 |
Region:
Global |
Published Date: March, 2024
Pages:
223
|
Tables:
88 |
Figures:
76
Global Online Movie Ticketing Services Market Insights
Global Online Movie Ticketing Services Market size was valued at USD 20.56 billion in 2022 and is poised to grow from USD 21.82 billion in 2023 to USD 35.15 billion by 2031, at a CAGR of 6.14% during the forecast period (2024-2031).
The online movie ticketing services market has experienced significant growth and transformation in recent years, driven by a combination of factors. Our report contains detailed information on the value chain analysis for the online movie ticketing services market, which manufacturers can use to gain a competitive edge during the projected period.
The online movie ticketing services market has experienced remarkable growth in recent years, driven by several key factors. One of the primary drivers of market expansion is the increasing preference for digital platforms among moviegoers. The convenience and ease of access offered by online ticketing services have revolutionized the movie-watching experience.
With just a few clicks on a mobile app or website, users can browse through movie listings, select their preferred showtimes, choose seats, and make secure payments, eliminating the need to stand in long queues at physical ticket counters. This seamless process has significantly enhanced the overall customer experience, attracting a large number of consumers towards online movie ticketing platforms.
The rising penetration of smartphones and internet connectivity has played a crucial role in the growth of the online movie ticketing services market. With the proliferation of affordable smartphones and the availability of affordable internet data plans, an increasing number of individuals now have access to digital platforms.
This accessibility has contributed to the surge in online ticket bookings, as users can conveniently make their reservations anytime and from anywhere.
US Online Movie Ticketing Services Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Mobile apps
Fastest Growth
Mobile apps
Growth Rate
6.14% CAGR
Global Online Movie Ticketing Services Market ($ Bn)
Country Share for North America Region (%)
Global Online Movie Ticketing Services Market By Type ($ Bn)
Global Online Movie Ticketing Services Market By Type (%)
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Global Online Movie Ticketing Services Market Segmental Analysis
The global online movie ticketing services market can be segmented based on platform type, ticket type, application, and region. Based on platform type the market can be segmented into mobile apps, websites. Based on ticket type, the market can be categorized into movie tickets, event tickets. Based on application, the market can be segmented into cinema, entertainment place, shopping malls. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Online Movie Ticketing Services Market Analysis By Platform Type
Mobile apps have emerged as the largest segment and the fastest growing segment in the online movie ticketing services market. The widespread availability of smartphones and the increasing penetration of mobile internet have contributed to the dominance of mobile apps. These apps offer a user-friendly interface, seamless navigation, and personalized features that enhance the overall ticket booking experience. Users can easily download dedicated movie ticketing apps from app stores and access a wide range of movie listings, showtimes, and theaters. The convenience of browsing, selecting seats, and making secure payments within a few taps has resonated well with moviegoers, making mobile apps the preferred choice for online ticket bookings.
On the other hand, websites also hold a substantial market share in the online movie ticketing services market. While mobile apps have gained popularity, websites continue to cater to a significant user base, particularly those who prefer booking tickets through their desktops or laptops. Websites offer a larger screen space, enabling users to view movie details, seating layouts, and promotional offers with greater ease. Moreover, websites are accessible across various devices, including desktops, laptops, and tablets, providing users with flexibility in their ticket booking preferences.
Online Movie Ticketing Services Market Analysis By Application
Movie tickets represent the largest segment in the online movie ticketing services market. The demand for movie tickets remains consistently high, driven by the global popularity of cinema and the ever-growing appetite for the latest movie releases. Online platforms have revolutionized the way movie tickets are booked, offering convenience, flexibility, and an enhanced user experience. Moviegoers can browse through a vast selection of movies, check showtimes, select preferred seats, and make secure payments, all from the comfort of their smartphones or computers. The ability to compare movie options, read reviews, and access additional information about the films has further solidified the dominance of movie ticket bookings in the online space.
Event tickets represent the second major segment and emerged as the fastest growing segment in the online movie ticketing services market. This segment includes tickets for concerts, sports events, live performances, theater shows, and other entertainment events. Online ticketing platforms have extended their services beyond movies to cater to the diverse entertainment preferences of consumers. Event tickets have gained traction in the online space due to the convenience they offer in terms of browsing upcoming events, securing desired seats, and receiving electronic tickets directly on mobile devices. The ability to access a wide range of events, including popular concerts and sports matches, has attracted a large number of consumers to book event tickets online.
Global Online Movie Ticketing Services Market By Type, 2023 (%)
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Global Online Movie Ticketing Services Market Regional Insights
The largest market region in the online movie ticketing services industry is North America. North America has a significant share in the market due to several factors. Firstly, the region has a well-developed digital infrastructure and high internet penetration, providing easy access to online platforms for ticket booking. Secondly, North America is home to several major movie production studios and has a vibrant cinema culture, resulting in a large movie-going population. Moreover, the presence of key market players and technological advancements in the region further contribute to its dominance in the market.
On the other hand, the fastest-growing region in the online movie ticketing services market is Asia Pacific. The Asia Pacific region has witnessed exponential growth in recent years, driven by various factors. Firstly, the region has a large population, including a significant percentage of tech-savvy millennials who have a high affinity for digital platforms. Additionally, the increasing penetration of smartphones and the internet in the region has provided a significant boost to online ticketing services. The convenience and accessibility offered by mobile apps and websites have resonated well with the Asian consumers, leading to a rapid increase in online ticket bookings.
Global Online Movie Ticketing Services Market By Geography, 2024-2031
- Largest
- Fastest
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Global Online Movie Ticketing Services Market Dynamics
Online Movie Ticketing Services Market Drivers
Increasing Preference For Digital Platforms And Convenience Among Consumers
- The convenience and ease of access offered by online ticketing services have transformed the movie-watching experience, attracting a large number of consumers towards digital platforms. With just a few clicks on a mobile app or website, users can browse through movie listings, select their preferred showtimes, choose seats, and make secure payments, eliminating the need to stand in long queues at physical ticket counters.
Online Movie Ticketing Services Market Restraints
Concern Regarding Online Payment Security And Fraudulent Activities
- While online ticketing platforms offer secure payment gateways, some users may still have reservations about sharing their financial information online. High-profile instances of data breaches and online fraud have contributed to a sense of distrust among potential users, impacting their confidence in online ticketing services. Overcoming this restraint requires continuous efforts by ticketing service providers to implement robust security measures, educate users about the safety of online transactions.
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Global Online Movie Ticketing Services Market Competitive Landscape
The competitive landscape in the online movie ticketing services market is highly dynamic and characterized by intense competition among key players. These companies have invested heavily in developing user-friendly mobile apps and websites, offering seamless ticket booking experiences, personalized recommendations, and additional features like seat selection and exclusive offers. As the market expands, the competitive landscape is expected to further evolve, with new players entering the market and existing players striving to differentiate themselves through unique value propositions and strategic partnerships.
Online Movie Ticketing Services Market Top Player’s Company Profiles
- Fandango (US)
- Atom Tickets (US)
- BookMyShow (India)
- Cinemark Holdings Inc. (US)
- AMC Entertainment Holdings Inc. (US)
- Regal Cinemas (US)
- Cineplex Inc. (Canada)
- ODEON Cinemas Group (UK)
- PVR Cinemas (India)
- VOX Cinemas (UAE)
- Hoyts Cinemas (Australia)
- Cineworld Group plc (UK)
- Alibaba Pictures (China)
- Tencent Pictures (China)
- Naver Corporation (South Korea)
- GSC Movies (Malaysia)
- MBO Cinemas (Malaysia)
- Golden Screen Cinemas (Malaysia)
- Vue International (UK)
- Inox Leisure Ltd. (India)
Online Movie Ticketing Services Market Recent Developments
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AMC Theatres unveiled Sightline @ AMC, a ticketing scheme that considers the location of each auditorium's seats, in February 2023. With this new project, moviegoers will have more options to make the most of their viewing habits. Depending on where they sit, consumers may now pay for a movie ticket.
-
January of 2023 Major technology developments and calculated efforts have characterized the industry growth of online movie ticketing systems. Ticketing platforms have developed to provide seamless booking experiences across several channels as a result of the increasing use of mobile devices and internet connectivity. The amalgamation of artificial intelligence and data analytics has facilitated tailored suggestions and enhanced pricing tactics, hence augmenting user engagement. The market reach and variety of content offerings, including local and foreign films, have been enhanced through strategic collaborations with movie theaters, production companies, and other stakeholders. Furthermore, because of safety concerns and social distancing measures, online ticketing has been the preferred option in the industry's digital transformation, which has been expedited by the COVID-19 epidemic.
Global Online Movie Ticketing Services Key Market Trends
- Integration of immersive technologies and enhanced experiences: With the aim of providing more than just a ticket booking platform, market players are increasingly focusing on offering immersive experiences to enhance the overall movie-watching journey for consumers. This trend includes the integration of virtual reality (VR) and augmented reality (AR) technologies, allowing users to explore interactive movie previews, virtual cinema environments, and even virtual seating selection. Additionally, personalized recommendations based on user preferences and past viewing history are being incorporated to provide tailored movie suggestions.
Global Online Movie Ticketing Services Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our analyses, The online movie ticketing services market has witnessed significant growth in recent years and is poised for a promising future. With the increasing adoption of smartphones, rising internet penetration, and growing consumer preference for convenience, online ticket booking has become the norm for moviegoers. Mobile apps have emerged as the largest segment, driven by their user-friendly interfaces, personalized features, and on-the-go accessibility. However, websites also maintain a significant market share, catering to users who prefer desktop-based ticket booking experiences. In terms of growth, event tickets are the fastest-growing segment, fueled by the rising demand for live entertainment experiences and the convenience of online ticket bookings. Asia Pacific stands as the dominating region in the market, experiencing exponential growth due to its large population, increasing urbanization, and rapid digitalization. Looking ahead, the future scope of the online movie ticketing services market is bright, with ongoing advancements in technology, such as AI-powered recommendations and seamless integration with digital payment platforms, further enhancing the user experience. Additionally, the integration of social media platforms and digital marketing strategies will play a crucial role in expanding the market reach. Overall, with the driving factors of convenience, mobile app dominance, event ticket growth, and the strong presence of Asia Pacific, the online movie ticketing services market is poised for continued success in the coming years.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 20.56 billion |
| Market size value in 2031 | USD 35.15 billion |
| Growth Rate | 6.14% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Online Movie Ticketing Services Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Online Movie Ticketing Services Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Online Movie Ticketing Services Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Online Movie Ticketing Services Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Online Movie Ticketing Services Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Online Movie Ticketing Services Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Online Movie Ticketing Services Market Report Snapshots
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