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Online Movie Ticketing Service Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Increased Use of Mobile Applications to boost the Market Growth | Technavio

The Associated Press

LONDON--(BUSINESS WIRE)--Oct 16, 2020--

Technavio has been monitoring the online movie ticketing service market and it is poised to grow by USD 14.8 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Online Movie Ticketing Service Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19

Frequently Asked Questions-

  • What are the major trends in the market?
  • Emphasis on enhanced customer experience in the movie industry is one of the major trends in the market.
  • At what rate is the market projected to grow?
  • Growing at a CAGR of over 7%, the incremental growth of the market is anticipated to be USD 14.8 billion.
  • Who are the top players in the market?
  • AMC Entertainment Holdings Inc., Big Tree Entertainment Pvt. Ltd., Carnival Films Pvt. Ltd., Cinemark Holdings Inc., Cineplex Inc., Fandango Media LLC, Inox Leisure Ltd., Novo Cinemas, PVR Ltd., and VOX Cinemas are some of the major market participants.
  • What are the key market drivers and challenges?
  • Increased use of mobile applications is one of the major factors driving the market. However, the rising film piracy restraints the market growth.
  • How big is the APAC market?
  • The APAC region will contribute 39% of market growth.

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The market is concentrated, and the degree of concentration will accelerate during the forecast period. AMC Entertainment Holdings Inc., Big Tree Entertainment Pvt. Ltd., Carnival Films Pvt. Ltd., Cinemark Holdings Inc., Cineplex Inc., Fandango Media LLC, Inox Leisure Ltd., Novo Cinemas, PVR Ltd., and VOX Cinemas are some of the major market participants. The increased use of mobile applications will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Online Movie Ticketing Service Market 2020-2024: Segmentation

Online Movie Ticketing Service Market is segmented as below:

  • Platform
    • Mobile Devices
    • Desktops
  • Geography
    • North America
    • APAC
    • Europe
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download a free sample:https://www.technavio.com/talk-to-us?report=IRTNTR41004

Online Movie Ticketing Service Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The online movie ticketing service market report covers the following areas:

  • Online Movie Ticketing Service Market Size
  • Online Movie Ticketing Service Market Trends
  • Online Movie Ticketing Service Market Analysis

This study identifies the emphasis on enhanced customer experience in the movie industry as one of the prime reasons driving the online movie ticketing service market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Online Movie Ticketing Service Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist online movie ticketing service market growth during the next five years
  • Estimation of the online movie ticketing service market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the online movie ticketing service market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of online movie ticketing service market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Platform

  • Market segments
  • Comparison by Platform
  • Mobile devices - Market size and forecast 2019-2024
  • Desktops - Market size and forecast 2019-2024
  • Market opportunity by Platform

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume drivers – Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • AMC Entertainment Holdings Inc.
  • Big Tree Entertainment Pvt. Ltd.
  • Carnival Films Pvt. Ltd.
  • Cinemark Holdings Inc.
  • Cineplex Inc.
  • Fandango Media LLC
  • Inox Leisure Ltd.
  • Novo Cinemas
  • PVR Ltd.
  • VOX Cinemas

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

     

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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KEYWORD:

INDUSTRY KEYWORD: RETAIL ONLINE RETAIL ENTERTAINMENT FILM & MOTION PICTURES

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 10/16/2020 09:00 PM/DISC: 10/16/2020 09:00 PM

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