Market Report, "Global Online Movie Ticketing Service Market 2015-2019", published
Fast Market Research recommends "Global Online Movie Ticketing Service Market 2015-2019" from TechNavio, now available
[ClickPress, Sun Aug 30 2015] Online movie ticketing service refers to booking movie tickets online using devices such as smartphones, tablets, laptops, and PCs. It is aimed at providing customers with the convenience of booking movie tickets anytime and from anywhere using the Internet. Websites and free mobile apps provided by service providers enable users to book the seats of their choice. It also updates users regarding upcoming movies, trailers, reviews, and feedback on ongoing movies.
Technavio's analysts forecast the global online movie ticketing service market to grow at a CAGR of 10.12% over the period 2014-2019.
Commenting on the report, an analyst from Technavio's team said: "With the significant increase in the number of movies released in the past five years, the number of viewers has increased significantly. As a result, vendors are continuously endeavoring bring in more screens and theaters every year."
According to the report, the availability of high-speed broadband and mobile Internet connectivity has also increased the adoption of the online movie ticketing service globally. The availability of 2G, 3G, and 4G networks at affordable prices is driving the market.
Further, the report states that Service providers track cookies to gather data about customer preferences so they can reach out to the target audience with customized offerings. This includes accessing information on customer behavior, customer profiling, and data mining. Indiscriminate use of these data can infringe on customer privacy.
The key players in the Global Online Movie Ticketing Service Market are Bigtree, Cinemark, Cineplex, MovieTickets.com, Reliance Media, and VOX Cinema while other prominent vendors include Broadway.com, Fandango, and Kyazoonga
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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