Smart Ticketing Market to Hit USD 43.25 Billion by 2032, Fueled by Rising Digital Transformation in Transport & Events

Smart-Ticketing-Market The rise of contactless payments, mobile ticketing, and demand for seamless travel and event experiences drive Smart Ticketing Market growth. AUSTIN, TX, UNITED STATES, December 17, 2024 / EINPresswire.com / — The SNS Insider report indicates that the Smart Ticketing Market size was valued at USD 11.73 billion in 2023 and is expected to grow to USD 43.25 billion by 2032, expanding at a CAGR of 15.6% over the forecast period of 2024-2032. The increasing need for digitalization of ticketing operations in footwear, transportation, and events is one of the most significant factors driving the Smart Ticketing Market growth. This space has picked up with the shift from paper tickets to digital/mobile-based tickets. As such, the major factors contributing to the market expansion are the growing smartphone penetration, evolution in contactless payment systems, and increasing consumer inclination for digital tickets. More smart ticketing solutions are integrated within public transport systems that try to become more efficient, reduce fraud, and increase user experience. Examples include NFC, QR code-based ticketing, etc. as they are becoming increasingly easier and safer options. Likewise, smart ticketing tools are being used by event organizers to streamline entry processes, ensure security, and provide a great […]

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