Modern consumer habits inspire the market for online movie ticketing service

Technology - Mohit Shah - Oct 24,2017

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modern consumer habits inspire the market for online movie ticketing service

As per active report statistics, the global online movie ticketing service market is expected to grow at a prominent CAGR of 12.67% during the period between 2017 and 2021.

In this technologically surrounded world, booking online movie tickets is seen as a preferable option among modern consumers. People who wish to save time take the help of this service quite effectively. The availability of different websites and free mobile apps offered by service providers permits the audience to book their preferred seats.

Presently, the rising adoption of smartphones and PCs among consumers coupled with the growing internet penetration around the globe are spotted as the primary growth factors for the online movie ticketing service market. Moreover, the popularity of global box office is another aspect supporting the advancement process in the concerned market. As per research findings, the global market for online movie ticketing service is likely to grow at a CAGR of 12.67% during the period until 2021.

The online movie ticketing market can be bifurcated on the basis of the genre; it includes the well-known categories such as action, comedy, adventure, drama, suspense, thriller and horror. It has been analyzed that, the adventure movie genre segment is anticipated to be the major revenue contributor to the online movie ticketing service market in the coming years. The geographic regions tagged as the prosperous areas include the Americas, APAC, and EMEA. The growth of the online movie ticketing service is quite bright in North America.

Currently, the market is split due to the presence of several international and regional ticket service providers, such as Bigtree, Cinemark Theatres, VOX Cinemas and Cineplex Entertainment. Some of the other significant vendors include Kyazoonga, PVR Cinemas, Alibaba Group, UA Cinema Circuit, MovieTickets.com, WANDA Group, Reliance Media, INOX Leisure, Fandango, and Moviefone.

 

For more information on this report visit- https://www.marketresearchhub.com/report/global-online-movie-ticketing-service-market-2017-2021-report.html