According to IMARC Group, the global online movie ticketing services market reached a value of US$ 17.2 Billion in 2019. the market to reach a value of US$ 24.4 Billion by 2025, exhibiting a CAGR of around 6% during 2020-2025.Online movie ticketing services facilitate the booking of movie tickets through an online portal.
These bookings can be made using third-party software or applications, which enable the users to reserve their desired seats in the theatre of their choice.
Nowadays, individuals prefer to book their tickets using the internet as it time- and cost-effective and also provides them with an option to make the payment online or later at the counter.The increasing utilization of mobile phones and other smart devices by consumers is the primary factor propelling the growth of the market.
Rapid urbanization and rising internet penetration have shifted the preference of consumers toward quicker and more efficient alternatives, like online booking services, than conventional processes.
Furthermore, online service vendors regularly offer discounts and provide attractive vouchers to attract more customers.
These promotional strategies, along with the provision of booking at any time of the day, are expected to create a positive outlook for the market.Request for a free sample copy of this report: https://www.imarcgroup.com/online-movie-ticketing-services-market/requestsampleReport CoverageMarket Breakup by Device Desktop Mobile DevicesMarket Breakup by GenreDrama MoviesAdventure MoviesComedy MoviesThriller, Suspense and Horror MoviesAction MoviesOther GenreExplore full report with table of contents: https://www.imarcgroup.com/online-movie-ticketing-services-marketMarket Breakup by ApplicationCinemaEntertainment PlaceShopping MallsOthersMarket Breakup by Region North America Asia Pacific Europe Latin America Middle East and AfricaCompetitive Landscape:The competitive landscape of the industry has also been examined with some of the key players being AOL Inc., Atom Tickets LLC, BookMyShow Inc., Carnival Cinemas, Cinemark Holdings Inc., Cineplex Inc., Fandango Media LLC, INOX Leisure Limited, Kyazoonga, Moviefone Inc., Movietickets Inc., Mtime, One97 Communications Ltd., PVR Limited, VOX Cinemas, etc.About UsIMARC Group is a leading market research company that offers management strategy and market research worldwide.