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Online Movie Ticketing Service Market to Grow by USD 8.8 Billion (2024-2028) Due to Global Box Office Surge, AI’s Role in Trends – Technavio Report

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NEW YORK, Aug. 23, 2024 /PRNewswire/ — The global online movie ticketing service market size is estimated to grow by USD 8.83 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 7.44% during the forecast period. Growing popularity of global box office is driving market growth, with a trend towards increasing focus on paperless transaction. However, rising film piracy poses a challenge. Key market players include 360 Ticketing, Atom Tickets LLC, Big Tree Entertainment Pvt. Ltd., Moviefone Media LLC, Carnival Films Pvt. Ltd., Cinemark Holdings Inc., Cineplex Inc., Comcast Corp., Dalian Wanda Group, ELAN Group, Zoonga, JustTickets Pvt. Ltd., Maoyan Entertainment, One97 Communications Ltd., Ticket New, PVR Ltd., Tao Piao Piao, V Celluloids, VOX Cinemas, and VUE INTERNATIONAL.

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Online Movie Ticketing Service Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.44%

Market growth 2024-2028

USD 8837.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.4

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 32%

Key countries

US, China, UK, Germany, and Japan

Key companies profiled

360 Ticketing, Atom Tickets LLC, Big Tree Entertainment Pvt. Ltd., Moviefone Media LLC, Carnival Films Pvt. Ltd., Cinemark Holdings Inc., Cineplex Inc., Comcast Corp., Dalian Wanda Group, ELAN Group, Zoonga, JustTickets Pvt. Ltd., Maoyan Entertainment, One97 Communications Ltd., Ticket New, PVR Ltd., Tao Piao Piao, V Celluloids, VOX Cinemas, and VUE INTERNATIONAL

Market Driver

The global online movie ticketing service market is experiencing significant growth due to the increasing emphasis on paperless transactions. Governments worldwide are promoting digital transactions to reduce deforestation and environmental pollution. Telecom and banking organizations have adopted digital platforms for monetary transactions, leading to the proliferation of e-tickets for movies. Viewers can now book tickets at their convenience and receive them via messages or emails, eliminating the need for physical tickets. This trend is expected to continue, contributing positively to the growth of the online movie ticketing service market. 

The online movie ticketing service market is currently thriving, with significant industry players like BookMyShow, MovieTickets.com, and Fandango leading the charge. The trend towards rapid digitization and urbanization, along with the adoption of smartphones and increased internet usage, have fueled the market’s growth. Consumers appreciate the ease and convenience of purchasing tickets online, especially during traffic jams and extended working hours. Looking ahead, the market is anticipated to expand further with the development of new technologies, such as improved websites and shopping applications, faster delivery times, and convenient payment options. International producers and suppliers are also entering the market, increasing competition and driving innovation. New laws and regulations may impact the market, but the overall future prospects remain positive. As the market grows, investment requirements are also rising, with retailers focusing on expanding their product offerings, improving customer experience, and offering door delivery and home delivery options. The convenience of online shopping has become a staple for many consumers, and movie ticketing services are no exception. Despite the challenges, the market’s profit margins are expected to remain strong, making it an attractive investment opportunity. 

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Market Challenges

Online movie ticketing services have gained significant popularity due to their convenience and ease of use. However, this trend has also led to an increase in film piracy, which is a major concern for the movie industry. Film piracy refers to the unauthorized distribution or sharing of copyrighted movies or TV shows. With online ticketing services providing a convenient platform for accessing and downloading pirated content, it has become a significant issue. The negative impacts of film piracy in the online movie ticketing service market are far-reaching. Firstly, it can harm the profitability of the movie industry by diverting potential paying customers towards pirated content. This can lead to a reduction in revenue for the movie industry, which may ultimately result in reduced investment in future film production. Moreover, film piracy can also negatively impact the quality of movies and TV shows available to viewers. Piracy can discourage studios and producers from investing in high-quality content, knowing that their work may be stolen and distributed without their consent. In the long term, this can lead to a reduction in the diversity and creativity of the film industry. To tackle this issue, several measures can be taken. These may include stronger enforcement of copyright laws, more effective digital rights management systems, and greater public awareness campaigns about the negative impacts of piracy. It is crucial for all stakeholders in the movie industry to work together to address this challenge and ensure that content creators are fairly compensated for their work. In conclusion, film piracy is a significant challenge for the online movie ticketing service market. It can harm the profitability of the movie industry, reduce the quality of content available to viewers, and ultimately hinder the growth of the market. It is essential to take proactive measures to address this issue and ensure that the movie industry continues to thrive.The online movie ticketing service market faces several challenges in the movies and entertainment industry. Personalization based on location, interests, and usage patterns is essential for customer engagement. Online transactions require secure payment gateways and consumer trust. Strategic alliances with movie theaters and multiplexes are key for success. Laser projection systems and consumer interest in movies drive demand. Emerging economies with growing disposable incomes present opportunities. Mergers and acquisitions, collaborations, and technological advancements shape the industry. Seat location, auditorium, viewing preferences, and seat selection require user-friendly interfaces. Mobile phones, laptops, tablets, and PCs are popular devices for booking tickets. High-speed internet connectivity through 2G, 3G, 4G, and LTE technologies enable online ticketing. Economic growth in various economic areas continues to fuel market expansion. The film and entertainment industry’s turmoil impacts the market, making adaptability crucial.

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Segment Overview

This online movie ticketing service market report extensively covers market segmentation by

Platform 1.1 Mobile devices1.2 DesktopsApplication 2.1 Cinema2.2 Shopping mallsGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Mobile devices- The online movie ticketing service market is a significant segment in the entertainment industry. It allows customers to book movie tickets from the comfort of their homes or on-the-go using smartphones. Major players in this market include BookMyShow, Paytm, and IN Oxigen. These companies offer various features like multiple payment options, seat selection, and discounts to attract customers. The market’s growth is driven by increasing internet penetration, growing smartphone usage, and the convenience it provides to consumers.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Online Movie Ticketing Service Market has experienced significant growth in recent years, driven by the widespread use of smartphones, Internet, and digital ticketing solutions. Consumers can now easily select, reserve, and purchase movie tickets from the comfort of their mobile phones, laptops, tablets, or PCs. Moviegoers can access trailers and other movie information on third-party websites and Internet portals, streamlining the movie-going experience. The film industry has embraced this trend, with current trends including expansion strategies and partnerships with significant industry players. Anticipated future changes include the integration of biometric identification and contactless payment systems. International producers are also entering the market, making it a dynamic and competitive landscape.

Market Research Overview

The Online Movie Ticketing Service Market is experiencing significant growth due to the increasing use of smartphones and the Internet for movie ticket selection, reservation, and purchase. Digital ticketing solutions and e-commerce platforms are becoming increasingly popular among movigoers, with tech giants initiating various initiatives to enhance user experience. Credit card payments and mobile apps offer convenience and personalization based on location, interests, and usage patterns. Technological advancements such as laser projection systems and high-speed internet connectivity (2G, 3G, 4G, LTE) are driving the market. The film and entertainment industry’s economic growth in emerging economies and economic areas, as well as mergers and acquisitions, collaborations, and strategic alliances, are contributing to the market’s expansion. The current situation is marked by rising investment requirements, developing technology, and new laws. Anticipated future changes include increased consumer interest in movies and entertainment, disposable income, and online transactions. The mobile segment, user-friendly interfaces, and mobile applications are current trends, with significant industry players focusing on expansion strategies and international producers and suppliers playing a crucial role. The current industry turmoil and current trends indicate that the market for online movie ticketing services will continue to grow in the future, with significant opportunities for innovation and growth.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

PlatformMobile DevicesDesktopsApplicationCinemaShopping MallsGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

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.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Axon Announces Body 5: Next-Generation Camera Built for the AI Era

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Axon Body 5 delivers 25x the AI processing power of earlier-generation cameras, with upgraded connectivity, audio and battery life to support real-time situational awareness in the field

SCOTTSDALE, Ariz., Oct. 24, 2026 /PRNewswire/ — Axon (Nasdaq: AXON), the global leader in public safety technology, today announced Axon Body 5, its newest body-worn camera designed to bring more powerful intelligence, connectivity and real-time support directly to officers in the field.

For years, Axon body cameras have helped agencies capture critical evidence and create greater transparency. Body 5 is built to help officers during the call, with information, assistance and backup on the spot.

“Officers shouldn’t have to choose between getting information and watching the scene. With Axon Body 5, they don’t,” said Rick Smith, Axon Founder and CEO. “They capture a license or document with the camera, keep their hands free and eyes up, and get information faster than writing it down and calling it in by radio. An officer fully engaged with the person in front of them, not down at a notepad, is a safer officer and a better-served community.”

Axon Body 5: Built for the AI Era

Built from the ground up for the AI era, Axon Body 5 delivers 25x the AI processing power than earlier generation Axon body cameras, alongside advancements in connectivity, audio, video and battery life. Together, these upgrades give the camera the physical power to run smarter AI features — both today and as new AI tools are developed in the future — while also making it more dependable for officers to use every day. 

For the first time, Axon is also introducing two versions of its latest flagship camera: Axon Body 5 and Axon Body 5 Pro.

Both models feature several key advancements, including:

25x more processing power for AI: A powerful new computing architecture creates the capacity to support current and future AI features directly on the body camera.Enhanced video: Improved video captures clearer evidence across challenging environments, including better low-light performance.Improved connectivity: Seamless connectivity in urban and remote environments – and more precise location capability – helps officers, cameras and remote support teams stay connected when timely information matters most.Longer battery life: 20% more battery life than the previous generation helps keep the camera ready and connected throughout an officer’s shift.

The Axon Body 5 Pro will continue to gain new AI capabilities as they become available, growing along with the AI Era Plan. Additionally, new hardware features include:

A near-focus camera: An additional dedicated camera lens lets officers scan driver’s licenses to check status and search for wants or warrants in seconds, without returning to the patrol vehicle, with relevant information sent to Axon Fusus to support real-time operations.Front-facing speakers: Four additional speakers project even more powerful audio toward the person an officer is speaking with, helping real-time translations from Axon Assistant carry more clearly over heavy traffic or crowd noise. Additional memory: Extra space lets the camera run several AI tools at once, helping officers stay better informed and work faster.

Bringing More of Axon’s AI Era Into the Field

Axon Body 5 helps officers get more out of the Axon AI Era Plan by bringing smart tools right to the scene. Axon’s portfolio already supports public safety professionals across a growing range of tasks. For example, Draft One helps officers turn body-camera audio into high-quality report drafts and Axon Assistant provides voice-based information access and real-time translation.

Increasingly, Axon is also bringing AI into real-time operations.

Axon Guardian is a new category of AI features within the AI Era Plan that was specifically created to work with an officer’s field-based devices – starting with body cameras and in-car cameras – to improve safety. Guardian is designed to flag potential risks as situations unfold and create alerts when additional attention may be needed. Two of the first features include:

Escalation Detection: When an Axon Body 4 or Axon Body 5 camera is activated and recording, Guardian has the ability to detect potential conflicts in real time and create an alert in Axon Fusus. A human reviews the livestream and decides if additional support or action is needed.Approach Alert: When active on Axon Fleet 3, Guardian can detect if the door of a stopped vehicle opens and alert the officer through the in-car display and their body-worn camera.

Combined, Axon Body 5 and the expanding AI Era portfolio demonstrate the importance of AI as a critical resource to assist public safety professionals before, during and after an incident — reducing administrative burden, improving situational awareness and helping protect more lives.

Innovating Responsibly

Axon’s Responsible Innovation framework guides the development of all of its products. Designed with this in mind, Axon Body 5 and Guardian prioritize human oversight and maintain agency control over data. As a key part of the responsible innovation process, Axon’s independent Ethics and Equity Advisory Council was created to help responsibly develop and deploy new technologies with transparency, while aligning with community expectations.

General availability dates for Axon Body 5 and Axon Guardian will be announced soon. Product features and capabilities vary by configuration. For more information on Axon’s current products and services: Axon Product Catalog – Axon.com.

About Axon
Axon (Nasdaq: AXON) is the global leader in public safety technology supporting state, local, federal and international public safety agencies with technology designed to Protect Life. Complementing its mission, Axon’s growing Enterprise market focuses on protecting critical infrastructure and frontline workers across multiple industries including corporate security, hospitality, retail and healthcare. Founder-led since 1993, Axon builds products with transparency and responsibility. From TASER energy devices to today’s connected network of hardware – including cameras, drones, and robotics – cloud software, sensors, and AI-tools, the Axon ecosystem helps seamlessly protect people and places when it matters most. To ensure these technologies align with community expectations, Axon’s independent Ethics & Equity Advisory Council guides the ethical, inclusive, and accountable design of its products and services. Learn more about the EEAC and Axon’s Responsible Innovation framework at Axon Responsibility. 

Non-Axon trademarks are the property of their respective owners. Axon, TASER and the Delta Logo are trademarks of Axon Enterprise, Inc., some of which are registered in the US and other countries. For more information, visit www.axon.com/legal. All rights reserved.

Please visit https://investor.axon.com and https://www.axon.com/newsroom for more information.

Media Contact:
Kate MacKinnon
Vice President, Communications
press@axon.com

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In HelloNation, Custom Fabrication Expert Mark Coyle Explains a Common Mistake in Custom Aluminum Design

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The article explains why smart geometry, not thicker walls, creates stronger, more efficient aluminum components.

ROCHESTER, N.Y., Oct. 24, 2026 /PRNewswire/ — What early design choice causes many custom aluminum projects to become heavier, costlier, or harder to manufacture? That question is addressed in a HelloNation article featuring insights from Custom Fabrication Expert Mark Coyle of American Custom Metals, Inc. in Rochester, New York, that outlines how misunderstanding aluminum behavior leads designers to rely on thick walls instead of stronger geometry.

The article begins by explaining that many people assume thicker walls automatically make aluminum parts stronger. It notes that aluminum does not respond to wall thickness the way steel does. Instead, its performance is shaped by how the metal flows through the extrusion die. The article states that custom aluminum design is more effective when profiles use ribs, chambers, and flanges to create stiffness without adding unnecessary weight. This guidance helps readers understand why adding material often increases cost without improving strength.

The article also highlights that thicker walls change how aluminum moves during extrusion. When heavy areas fill more slowly, the metal cools unevenly and can develop stress that only appears later. The HelloNation piece explains that well-balanced geometry keeps extrusion smooth and predictable. This consistency makes it easier to maintain dimensional accuracy across long production runs. By focusing on geometry, custom aluminum design avoids the problems that come with slow extrusion speeds and uneven cooling.

Another insight in the article centers on how ribs and internal supports influence stability. It describes how a thin wall supported by a properly placed rib often performs better than a thick wall with no reinforcement. This happens because the rib helps distribute load, improve stiffness, and guide the aluminum as it cools. The article explains that this structural approach makes custom aluminum design more efficient and gives designers more control over how the final part behaves under pressure.

The article also shows why early collaboration between designer and fabricator prevents costly changes. It states that a fabricator familiar with extrusion can catch potential issues before a die is built. Small adjustments to corners or transitions can remove weak points or improve metal flow. The article notes that this teamwork keeps the design aligned with real-world production. By working together early, both sides reduce the risk of redesigning the die after the first test run.

Machining is another area where the article explains how wall thickness affects performance. Features such as deep pockets or sharp internal angles may require slow feed rates or special tooling. When walls are thicker than needed, those areas can become difficult to machine cleanly. The article states that thoughtful custom aluminum design makes machining more predictable. Small changes, such as adding radiused edges or sizing features to match standard tools, help shorten cycle times and prevent tool wear.

Thermal behavior receives detailed attention as well. The article explains that aluminum retains heat differently depending on the mass of each section. Thicker walls hold heat longer, which increases the chance of distortion during extrusion, machining, or finishing. When a design uses geometry to create strength, the material cools more evenly. This reduces warping and helps long profiles stay aligned. The article notes that stable cooling is important for components that require a precise fit and consistent shape throughout an entire production run.

Cost is also a key topic in the article. It states that heavier profiles increase material use, extrusion time, and tooling needs. A custom aluminum design that relies on geometry instead of mass lowers material consumption and keeps the fabrication process efficient. The article explains that lighter parts are easier to handle, ship, and assemble. This saves money across multiple stages of production and supports long-term manufacturing efficiency.

The article also notes that smart custom aluminum design creates profiles that behave predictably during extrusion and machining. Smooth transitions, balanced wall dimensions, and structural features help reduce the chance of distortion or dimensional drift. These elements also lower scrap rates and support reliable performance. By using geometry instead of excess material, designers build parts that maintain strength without compromising manufacturability.

As the article concludes, it emphasizes that avoiding thick walls is one of the best ways to improve performance and lower cost. It states that the most dependable custom aluminum components come from designs that use structural features to strengthen the profile. When designers understand how aluminum behaves at each stage of extrusion and machining, they create parts that are strong, efficient, and consistent from batch to batch. This approach turns custom aluminum design into a predictable process rather than a series of uncertain adjustments.

A Common Mistake in Custom Aluminum Design features insights from Mark Coyle, Custom Fabrication Expert of Rochester, NY, in HelloNation.

About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

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World Young Scientist Summit 2026 Opens in Wenzhou, Zhejiang

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WENZHOU, China, Oct. 24, 2026 /PRNewswire/ — This is a report by China Daily:

On October 24, the World Young Scientist Summit 2026 opened in Wenzhou, Zhejiang. The event is hosted by the China Association for Science and Technology (CAST), the Zhejiang Provincial People’s Government, and the World Association of Young Scientists. Nearly 800 representatives, including scientists, educators, and entrepreneurs from more than 60 countries and regions, are attending the summit.

He Junke, Vice President of CAST in charge of daily work and First Secretary of its Secretariat; Lian Yimin, Chairman and Party Group Secretary of the Zhejiang Provincial Committee of the Chinese People’s Political Consultative Conference; Marcelo Knobel, Executive Director of The World Academy of Sciences; and Zhang Zhenfeng, Member of the Standing Committee of the CPC Zhejiang Provincial Committee and Secretary of the CPC Wenzhou Municipal Committee, attended the summit and delivered remarks. Yao Gaoyuan, Vice Governor of the Zhejiang Provincial People’s Government, presided over the first segment of the plenary session.

With the theme “Gathering Talents Worldwide to Create a Better Future,” the summit’s annual agenda is “Global Youth Action in the AI Era: Building a Sustainable Future.” It aims to draw on the insights of young people around the world, deepen international sci-tech cooperation, and jointly address questions about young people, science, the world and the future.

Efim Zelmanov, Fields Medalist and Foreign Member of the Chinese Academy of Sciences; Chen Yunji, Deputy Director of the Institute of Computing Technology, CAS, and Director of the National Key Laboratory of Processor Chips; Mary Garson, President of the International Union of Pure and Applied Chemistry; and Lu Chaoyang, Member of the Standing Committee of CAST, Executive Dean of the Shanghai Institute of Advanced Study, University of Science and Technology of China, and Chairman of the Council of the World Association of Young Scientists, delivered keynote speeches respectively on education reform in the AI era, AI and processor chips, young women scientists’ participation in science, and quantum computing. They explored new opportunities for scientific research, talent cultivation, and international cooperation in the AI era.

This year’s summit placed greater emphasis on the growth needs of young scientists, with young talents under the age of 45 accounting for 88 percent of participants. It aimed to build a cluster of international journals, bring together young scientific talent, facilitate a batch of international collaborative projects and advance the application and commercialization of scientific and technological achievements. The summit released the Report on the Distribution and Mobility of Young Scientists in the Field of Embodied Intelligence, launched the World Young Scientist Summit Partner Journal Program and the 2026 World Young Scientist Innovation and Entrepreneurship Growth Support Program. It also published the “Young Scientist Pioneers 2035” list and announced the 2026 Sustainable Development Young Scientist Award. The awards were presented to four Chinese and foreign scientists.

Chen Tianrun, Founder of Hangzhou Moxin Technology Co., Ltd.; Yuan Yang, Assistant to the Dean of the Institute for Interdisciplinary Information Sciences at Tsinghua University; and two of the 2026 Sustainable Development Young Scientist Award winners, César de la Fuente and Nicola Segata, among other Chinese and foreign young scientist representatives, spoke at the flash-talk session to share their research practices and reflections.

In addition, the conference focused on fields such as future manufacturing, quantum information, embodied intelligence, brain-computer intelligence, environmental science, deep-sea resources, and life and health, and held 12 parallel forums. It also included the “Gravitation π” Future Technology and Concept Products Exhibition and Exchange, local thematic side events, and sci-tech and humanities study visits, further building an interdisciplinary, cross-regional and cross-sector platform for youth sci-tech exchange and cooperation.

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SOURCE China Daily

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