The global online movie ticketing services market was surpassed at USD 17.56 billion in 2022 and is expected to hit around USD 39.81 billion by 2032, growing at a CAGR of 8.53% from 2023 to 2032. The online movie ticketing services market in the United States was accounted for USD 3.7 billion in 2022.
Key Pointers
Report Scope of the Online Movie Ticketing Services Market
Report Coverage | Details |
Revenue Share of Asia Pacific in 2022 | 35% |
CAGR of Latin America from 2023 to 2032 | 10.66% |
Revenue Forecast by 2032 | USD 39.81 billion |
Growth Rate from 2023 to 2032 | CAGR of 8.53% |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
Companies Covered | AMC Theatres; AOL Inc.; BigTree Entertainment Pvt Ltd.; Cinemark Holdings Inc.; Cineplex Inc.; KyaZoonga; Fandango; INOX Leisure; MovieTickets.com; TicketPlease; VOX Cinemas |
The growth can be credited to the increasing consumer preference for online booking services over traditional ones. The rising demand for convenient, quick, and hassle-free alternatives for completing day-to-day purchases is playing a key role in the adoption of online platforms. In addition, the growing adoption of smartphones and the increased penetration of the Internet is also favoring the expansion of the market for online movie ticketing services.
Online ticket booking platforms facilitate movie ticket selection, reservation, and purchase. They primarily contain information such as the schedule for movie shows, trailers, and the price of the tickets. Digital ticketing solutions, much like e-commerce platforms, allow moviegoers to easily find show times and buy tickets through various digital platforms that are not exclusive to the movie and entertainment sector. Several tech giants, such as Google, Meta, and Amazon, have already made significant strides in this domain through unique offerings and features.
The market for online movie ticketing services is advancing further due to initiatives by companies to attract, engage, and retain customers. They are focusing on enhancing their offerings to offer a better user experience. For instance, in October 2022, India’s major entertainment platform BookMyShow by BigTree Entertainment Pvt. Ltd., in partnership with the RBL Bank, launched a new credit card called ‘Play’. This card will be available to select customers, providing them attractive offers on transactions across movies, live entertainment, and renting or buying TV series and movies on BookMyShow Stream.
Platform Insights
Based on the platform, the PC segment captured a revenue share of over 47% in 2022 and is estimated to record a steady growth rate in the coming years in the market. This can be attributed to the rising customer preference for operators’ or third-party websites for booking movie tickets. Besides, the low penetration of mobile applications in certain countries is also driving the demand for computer system-based online bookings for movie tickets.
The mobile segment is estimated to record a CAGR of 11.53% from 2023 to 2032. This can be credited to the increasing usage of mobile apps due to the advantages associated with them. They offer personalization to allow for tailored communication to users based on their location, interests, usage patterns, etc. The market is driven by the increasing adoption of smartphones globally. Their ability to send non-intrusive, instant notifications to users has gained much significance, with businesses actively investing in providing mobile apps endowed with various innovative user-friendly features.
Regional Insights
Asia Pacific captured a revenue share of over 35% in 2022, owing to the increasing regional consumer preference for online transactions. The rising smartphone penetration and the untapped advertising potential is encouraging operators to form new ways to drive online ticket sales. They are forming strategic alliances to gain a competitive edge in the market. In April 2022, Imax expanded its partnership with the Japanese cinema company ‘Aeon Entertainment’ for 2 theatres. It involves the theaters being equipped with laser projection systems deployed at Aeon Cinemas outside Tokyo and near Osaka.
Latin America is expected to record a CAGR of 10.66% from 2023 to 2032, aided by the increasing consumer interest in movies and entertainment, coupled with rising disposable incomes in emerging economies across the region. An increasing number of people in these nations are willing to spend more on leisure activities. In addition, considerable economic growth, launch of new movie theatres and multiplexes, and growing internet penetration is favoring the growth of the regional market for online movie ticketing services.
Online Movie Ticketing Services Market Segmentations:
By Platform
By Regional
Chapter 1. Introduction
1.1.Research Objective
1.2.Scope of the Study
1.3.Definition
Chapter 2. Research Methodology
2.1.Research Approach
2.2.Data Sources
2.3.Assumptions & Limitations
Chapter 3. Executive Summary
3.1.Market Snapshot
Chapter 4. Market Variables and Scope
4.1.Introduction
4.2.Market Classification and Scope
4.3.Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5.COVID 19 Impact on Online Movie Ticketing Services Market
5.1. COVID-19 Landscape: Online Movie Ticketing Services Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4.Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1.Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2.Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1.List of Suppliers
7.1.3.2.List of Buyers
Chapter 8. Global Online Movie Ticketing Services Market, By Platform
8.1.Online Movie Ticketing Services Market, by Platform Type, 2023-2032
8.1.1. PC
8.1.1.1.Market Revenue and Forecast (2020-2032)
8.1.2. Mobile
8.1.2.1.Market Revenue and Forecast (2020-2032)
Chapter 9. Global Online Movie Ticketing Services Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Platform (2020-2032)
9.1.2. U.S.
9.1.2.1. Market Revenue and Forecast, by Platform (2020-2032)
9.1.3. Rest of North America
9.1.3.1. Market Revenue and Forecast, by Platform (2020-2032)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Platform (2020-2032)
9.2.2. UK
9.2.2.1. Market Revenue and Forecast, by Platform (2020-2032)
9.2.3. Germany
9.2.3.1. Market Revenue and Forecast, by Platform (2020-2032)
9.2.4. France
9.2.4.1. Market Revenue and Forecast, by Platform (2020-2032)
9.2.5. Rest of Europe
9.2.5.1. Market Revenue and Forecast, by Platform (2020-2032)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Platform (2020-2032)
9.3.2. India
9.3.2.1. Market Revenue and Forecast, by Platform (2020-2032)
9.3.3. China
9.3.3.1. Market Revenue and Forecast, by Platform (2020-2032)
9.3.4. Japan
9.3.4.1. Market Revenue and Forecast, by Platform (2020-2032)
9.3.5. Rest of APAC
9.3.5.1. Market Revenue and Forecast, by Platform (2020-2032)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Platform (2020-2032)
9.4.2. GCC
9.4.2.1. Market Revenue and Forecast, by Platform (2020-2032)
9.4.3. North Africa
9.4.3.1. Market Revenue and Forecast, by Platform (2020-2032)
9.4.4. South Africa
9.4.4.1. Market Revenue and Forecast, by Platform (2020-2032)
9.4.5. Rest of MEA
9.4.5.1. Market Revenue and Forecast, by Platform (2020-2032)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Platform (2020-2032)
9.5.2. Brazil
9.5.2.1. Market Revenue and Forecast, by Platform (2020-2032)
9.5.3. Rest of LATAM
9.5.3.1. Market Revenue and Forecast, by Platform (2020-2032)
Chapter 10.Company Profiles
10.1. AMC Theatres
10.1.1.Company Overview
10.1.2.Product Offerings
10.1.3.Financial Performance
10.1.4.Recent Initiatives
10.2. AOL Inc.
10.2.1.Company Overview
10.2.2.Product Offerings
10.2.3.Financial Performance
10.2.4.Recent Initiatives
10.3. BigTree Entertainment Pvt Ltd.
10.3.1.Company Overview
10.3.2.Product Offerings
10.3.3.Financial Performance
10.3.4.Recent Initiatives
10.4. Cinemark Holdings Inc.
10.4.1.Company Overview
10.4.2.Product Offerings
10.4.3.Financial Performance
10.4.4.Recent Initiatives
10.5. Cineplex Inc.
10.5.1.Company Overview
10.5.2.Product Offerings
10.5.3.Financial Performance
10.5.4.Recent Initiatives
10.6. KyaZoonga
10.6.1.Company Overview
10.6.2.Product Offerings
10.6.3.Financial Performance
10.6.4.Recent Initiatives
10.7. Fandango
10.7.1.Company Overview
10.7.2.Product Offerings
10.7.3.Financial Performance
10.7.4.Recent Initiatives
10.8. INOX Leisure
10.8.1.Company Overview
10.8.2.Product Offerings
10.8.3.Financial Performance
10.8.4.Recent Initiatives
10.9. MovieTickets.com
10.9.1.Company Overview
10.9.2.Product Offerings
10.9.3.Financial Performance
10.9.4.Recent Initiatives
10.10. TicketPlease
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11.Research Methodology
11.1.Primary Research
11.2.Secondary Research
11.3.Assumptions
Chapter 12.Appendix
12.1. About Us
12.2. Glossary of Terms