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Ticket Market to grow by USD 228.52 billion (2024-2028), driven by animated movies’ success; Report on AI’s role in redefining market trends – Technavio

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NEW YORK, Dec. 3, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global ticket market  size is estimated to grow by USD 228.52 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  18.67%  during the forecast period. Success of movies due to increasing use of animation is driving market growth, with a trend towards high utilization of social media in selling tickets. However, growing threat of terrorism and occurrence of war between nations  poses a challenge. Key market players include AMC Entertainment Holdings Inc., Big Tree Entertainment Pvt. Ltd., Cinemark Holdings Inc., Citizen Ticket Ltd., Coast To Coast Tickets LLC, Comcast Corp., CTS Eventim AG and Co. KGaA, Cvent Holding Corp., eBay Inc., Eventbee Inc., Eventbrite Inc., Ideabud LLC, ITKTS Interactive Technologies Pvt. Ltd., Live Nation Entertainment Inc., Lyte Inc., One97 Communications Ltd., Softjourn Corp., TickPick LLC, Viagogo Entertainment Inc., and Anschutz Entertainment Group Inc..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Source (Primary and Secondary), Type (Sporting events, Movies, Concerts, and Performing arts), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

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

Key companies profiled

AMC Entertainment Holdings Inc., Big Tree Entertainment Pvt. Ltd., Cinemark Holdings Inc., Citizen Ticket Ltd., Coast To Coast Tickets LLC, Comcast Corp., CTS Eventim AG and Co. KGaA, Cvent Holding Corp., eBay Inc., Eventbee Inc., Eventbrite Inc., Ideabud LLC, ITKTS Interactive Technologies Pvt. Ltd., Live Nation Entertainment Inc., Lyte Inc., One97 Communications Ltd., Softjourn Corp., TickPick LLC, Viagogo Entertainment Inc., and Anschutz Entertainment Group Inc.

Key Market Trends Fueling Growth

Ticket Market: Trends Shaping the Future of Convenient Ticketing Artificial intelligence is revolutionizing the ticketing industry, making ticket purchase more efficient and convenient. Credit amounts can now be stored on wearables like smartwatches and NFC cards for contactless electronic ticket purchases. Operational efficiencies are increased with hardware like tap-off readers and RFID tags. Virtual reality maps and satellite delivery offer premium experiences for sports, entertainment, and parking. Buses, trains, and transportation networks are embracing digital transformation through smart cards and smart ticketing. Component manufacturers are producing ticket validators, Wi-Fi modules, and GPS for enhanced user experience. Event ticketing software provides deals, discounts, and marketing tools for event organizers, reaching internet users through online ticket purchase platforms. Digital wallets and mobile payment platforms ensure cashless transactions, increasing customer satisfaction and patronage. The public sector benefits from digital ticketing, reducing marketing costs and offering ticketless entry through wristbands. Movies, music concerts, and special presentations can be accessed with mobile tickets, enhancing the customer experience. Safety and accessibility are prioritized through contactless transactions and hygiene measures. Fintech companies like Mastercard are partnering with service providers to offer secure digital ticket purchases and mobile payment services. The entertainment industry continues to evolve with digital projection, 3-d content, and alternative entertainment offerings. Stay tuned for more trends shaping the future of ticketing! 

Social media plays a significant role in providing real-time feedback for businesses, particularly in the event and movie industries. Organizations use social computing tools for branding, marketing, and knowledge management initiatives. By registering on social media platforms like Twitter and Facebook, vendors can reach new audiences and gather public opinions. Sentiment analysis and behavioral analytics are increasingly important, driving cost-effective collaborations with the audience. Social media integration in business processes enhances market reach and engagement. 

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Market Challenges

•         In the world of Ticket Market, artificial intelligence is a significant challenge as it requires advanced programming and algorithms for event ticketing, sports, parking, and transportation. Credit amount management is crucial for cashless transactions and customer satisfaction. Wearables and NFC cards offer convenient ticketing, while operational efficiencies can be gained through hardware like tap-off readers and ticket validators. Virtual reality maps and GPS enhance the customer experience. Component manufacturers must keep up with the latest technology like RFID tags and Wi-Fi modules. Public sector projects demand smart cards and smart ticketing for transportation networks. Event organizers seek digital transformation through contactless electronic tickets, mobile ticketing, and online ticket purchase platforms. Safety and hygiene are paramount, with secure digital ticket purchases and fintech companies like Mastercard leading the way. The entertainment industry continues to evolve with digital projection, 3-d content, and premium experiences. Pre-sales, barcode scanning, and discounts are essential for attracting and retaining a customer base. Marketing costs remain a challenge, but event discovery platforms and deals offer opportunities for growth. Ultimately, the goal is to provide a seamless user experience, from ticket purchase to entry, using digital devices and mobile payment platforms.

•         The global rise in terrorist activities poses significant challenges for event organizers, particularly those hosting large gatherings in special venues or crowded places. This trend has led to increased security concerns among attendees, resulting in a decline in participation. The heightened threat level has resulted in stricter border clearance procedures, causing delays and more thorough inspections. Countries such as the United States, the United Kingdom, France, and Germany have been particularly affected, with many potential attendees choosing to avoid events out of fear. Organizers are investing in advanced technologies to enhance security, but the fear of potential terrorist attacks remains a major obstacle.

Insights into how AI is reshaping industries and driving growth- Download a Sample Report

Segment Overview 

This ticket market report extensively covers market segmentation by

Source 1.1 Primary1.2 SecondaryType 2.1 Sporting events2.2 Movies2.3 Concerts2.4 Performing artsGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Primary-  The primary segment of the global ticket market is the largest and most dynamic, driven by the increasing number of movies and events. Primary tickets can be sold through both online and offline platforms. Movies, with their increasing production and special effects, are a significant contributor to this segment’s growth. The end-users have diverse expectations, leading to intense competition among vendors. The growing popularity of sports events, such as the Indian Premier League, and the increasing use of mobile devices and the internet are also fueling this segment’s growth. Additionally, the corporate segment, including private organizations, businesses, and educational institutions, is expected to shift towards digital content services, creating a potential opportunity for online ticket sales during the forecast period. The digitization of event processes, customer-centric approaches, and the rise in the number of conferences and seminars are further growth drivers for this market.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

Ticket Market is a dynamic and innovative platform revolutionizing the way we purchase and manage tickets for various modes of transportation and entertainment events. Our focus is on delivering a seamless journey management experience, optimizing passenger experience through contactless and NFC ticketing, RFID technology, and real-time transit information. We strive for operational efficiency with integrated ticketing systems, ticket transfer, and ticket recovery. Our commitment to public transport innovation includes transit automation, user-friendly ticketing, multimodal transportation, and smart city initiatives. We cater to sports ticketing, parking ticketing, and event ticketing solutions, providing secure and durable ticketing options. Our advanced fare collection systems and smart mobility solutions enable sustainable transportation and transit data analytics. Join US in exploring the future of transportation and event management.

Market Research Overview

Artificial intelligence is revolutionizing the ticketing industry, offering convenient and contactless ticketing solutions through electronic means. Wearables, such as smartwatches and NFC cards, are increasingly popular for tap-on and tap-off transactions at bus stops and parking lots. Operational efficiencies are enhanced through the use of RFID tags, IR sensors, and Wi-Fi modules in hardware like ticket validators and card readers. Virtual reality maps and 3-D content provide event experiences, while mobile ticketing and digital wallets offer cashless transactions and customer satisfaction. Event ticketing software enables pre-sales, discounts, and deals for internet users, attracting a larger customer base. The entertainment industry benefits from digital transformation, with premium experiences and alternative entertainment options available through mobile ticketing platforms. Safety and accessibility are ensured through secure digital transactions and contactless ticketing experiences. The public sector and transportation networks are embracing smart ticketing, with smart cards and Smar transport systems streamlining transportation and reducing marketing costs. The future of ticketing is digital, with fintech companies like Mastercard leading the way in digital payment services and contactless transactions.

Table of Contents:

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

SourcePrimarySecondaryTypeSporting EventsMoviesConcertsPerforming ArtsGeographyNorth AmericaEuropeAPACSouth 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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SOURCE Technavio

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DEKRA Korea to Acquire Global Product Service, Strengthening Consumer Electronics Testing and Certification Capabilities in Korea

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GIMHAE-SI, South Korea, April 20, 2026 /PRNewswire/ — DEKRA, a leading global provider of testing, inspection, and certification services, today announced it has signed a definitive agreement to acquire Global Product Service Co., Ltd (GPS), a prominent South Korean company renowned for its expertise in consumer electronics product testing and certification.

This strategic acquisition will significantly enhance DEKRA Korea’s capabilities within the rapidly growing consumer electronics sector, bringing together DEKRA’s global network and comprehensive service portfolio with GPS’s deep-rooted local knowledge and decades of experience serving South Korea’s leading manufacturers.

GPS has established a strong reputation for its in-depth technical expertise and unwavering commitment to quality, particularly within the consumer electronics market. For many years, GPS has been a trusted partner to major South Korean electronics companies, providing testing and certification services that ensure product safety, performance, and compliance with international standards.

The successful acquisition is a result of the strong collaboration and commitment from both DEKRA and GPS. Key representatives who participated in the signing, embodying this collaboration, were Dr. Kilian Aviles, Executive Vice President of DEKRA Group and Head of Asia Pacific Region; Ming Sheng, Vice President of Automotive Testing, DEKRA China; Young Seok Lee, CEO of Global Product Service Co., Ltd; and Seong Su Kim, Director of Global Product Service Co., Ltd.

“We are thrilled to welcome Global Product Service Co., Ltd to the DEKRA family,” said Dr. Kilian Aviles, Executive Vice President of DEKRA Group and Head of Asia Pacific Region. “This acquisition represents a significant milestone in our growth strategy in South Korea. GPS’s deep understanding of the local market, combined with their specialized expertise in consumer electronics, perfectly complements DEKRA’s global strengths. Together, we will offer unparalleled testing and certification solutions to our clients, empowering them to bring innovative and reliable products to market with greater speed and confidence.”

The integration of GPS into DEKRA Korea will leverage synergies in technology, talent, and market reach. This will enable DEKRA to further support South Korean manufacturers as they navigate complex global regulatory landscapes and strive for excellence in product development and quality assurance. Clients can expect a seamless transition and continued access to the high-quality services they have come to rely on from both organizations.

Young Seok Lee, CEO of Global Product Service Co., Ltd commented, “Joining forces with DEKRA is an exciting opportunity for GPS. DEKRA’s global reach and extensive resources will allow us to expand our service offerings and better serve our existing and future clients. We are confident that this partnership will create significant value for the South Korean consumer electronics industry, providing enhanced support and innovation.”

About DEKRA

For more than 100 years, DEKRA has been a trusted name in safety. Founded in 1925 with the original goal of improving road safety through vehicle inspections, DEKRA has grown to become the world’s largest independent, non-listed expert organization in the field of testing, inspection, and certification. Today, as a global partner, the company supports its customers with comprehensive services and solutions to drive safety and sustainability forward—fully aligned with DEKRA’s anniversary motto, “Securing the Future.” In 2024, DEKRA generated revenue of 4.3 billion euros. Around 48,000 employees are providing qualified and independent expert services in approximately 60 countries across five continents. DEKRA holds a Platinum rating from EcoVadis, placing it among the top 1% of the world’s most sustainable companies.

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SOURCE DEKRA Asia Pacific

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BLUETTI Showcases Integrated PAYGO Energy Solution at Canton Fair, Expanding Partnership Opportunities in Africa

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GUANGZHOU, China, April 20, 2026 /PRNewswire/ — From April 15-19, 2026, at the 139th Canton Fair, clean energy innovator BLUETTI presented an integrated Pay-As-You-Go (PAYGO) solution that combines digital distribution tools with off-grid energy products, as the company expands its presence in emerging markets, particularly across Africa.

The solution brings together BLUETTI’s proprietary BLUETTI GO platform and a range of PAYGO-enabled solar home systems, reflecting a broader shift in the industry from standalone hardware sales to more structured distribution and financing models.

PAYGO has gained traction in regions where upfront costs remain a key barrier to energy access. By enabling installment-based payments and remote device management, the model allows consumers to access electricity services with lower initial investment, while offering distributors greater visibility into repayment and asset performance.

BLUETTI GO serves as a centralized platform for distributors, integrating sales tracking, inventory control, credit profiling, payment overdue tracking, risk monitoring, and operational analysis. These features are designed to help partners operate more efficiently and support long-term business planning in PAYGO-driven markets.

The company’s product lineup includes entry-level solar home systems such as the P80(battery capacity 76.8Wh), to African Star (battery capacity 1728Wh), designed for basic electricity needs, as well as the higher-capacity Home Star (battery capacity 2kWh-5kWh) series for off-grid household energy storage. These systems can be deployed independently or bundled with appliances such as televisions, fans, and lighting equipment.

As demand for decentralized energy solutions grows across Africa, supported by both public and private investment in renewable infrastructure, PAYGO models are playing a larger role in bridging the gap between energy access and affordability. 

Driven by product breakthroughs and innovative business practices, BLUETTI has been enlarging its footprint in the region in recent years. The company operates across more than 40 African countries, supported by local teams and pilot programs, including a Nigerian initiative launched in 2020 that has expanded into a network of branded retail outlets.

About BLUETTI

Founded in 2013, BLUETTI is a leading global provider of energy storage solutions, specializing in home solar batteries, portable power stations, and solar generators. Through initiatives like the LAAF (Lighting Africa Affordable Financing program), BLUETTI aims to power 1 million African families in off-grid areas. Today, it serves over 3.5 million users in 140+ countries and regions. Learn more: https://bluetti.com/

Photo – https://mma.prnewswire.com/media/2960004/paygo_leads_______1.jpg

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Moomoo Pioneers the Era of Agentic Investing with Launch of Moomoo API Skills

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The first AI-powered API Skills that turn trading ideas into execution — no coding required

KUALA LUMPUR, Malaysia and SINGAPORE, April 15, 2026 /PRNewswire/ — Moomoo today announced the launch of Moomoo API Skills, its AI-powered capability that enables investors to execute sophisticated trading strategies using natural language — marking a major leap in making institutional-grade tools accessible to all.

This breakthrough positions Moomoo at the forefront of a new era of investing, where anyone with an idea can turn it into action — without writing a single line of code.

A First-of-Its-Kind Breakthrough in Investor Accessibility

For years, advanced trading capabilities such as algorithmic strategies, real-time automation, and multi-market data access have long been limited to professional traders.

Moomoo API Skills removes this barrier.

Investors can now describe their strategy in plain language, from technical signals to execution conditions, and have it translated into live or simulated trades instantly.

“This is the first time Wall Street-level trading capability is made truly accessible through everyday language,” said Robin Xu, Group Senior Partner & Senior Vice President, Futu Holdings. “We are not just simplifying trading tools — we are redefining who gets to use them.”

From Tools to Trading Assistants

Moomoo API Skills introduces a new paradigm of agentic investing, where AI acts as an execution partner rather than a passive tool.

Instead of navigating complex systems, investors can:

Describe their strategyLet AI translate it into execution logicMonitor and respond to markets in real time

This effectively creates an always on trading assistant, enabling faster and more structured decision making.

Institutional Capabilities Made Accessible

Built on Moomoo’s Open API ecosystem, the capability provides:

Zero code strategy executionGlobal market access across US, Singapore, Hong Kong SAR, Japan, and moreReal time monitoring and automated triggers

At the same time, Moomoo maintains strong control and security through its local-first architecture powered by Moomoo OpenD, where:

Data remains on the user’s local environmentExecution requires user confirmationExposure to third party risks is reduced

Closing the Execution Gap

Today’s investors are not short of information, but often face challenges in executing consistently and efficiently. Moomoo API Skills is designed to close this gap by simplifying how strategies are expressed and carried through. It also strengthens Moomoo’s ecosystem, including Moo Academy, MooveNetwork and the Option Playbook, enabling a seamless journey from learning to execution.

“The challenge today is no longer access to information, but the ability to act on it effectively,” said Xu.
“Moomoo API Skills helps investors translate intent into structured action while keeping them fully in control.”

Pioneering the Next Phase of Investing

The launch reflects a broader shift in investing, from tool based platforms to intent driven systems. With Moomoo API Skills, investors can define what they want to achieve, while intelligent systems handle how it is executed. This creates a more direct and structured path from idea to action, allowing investors to focus on strategy rather than operational complexity.

“We believe the next phase of investing is agentic — where investors define their intent and intelligent systems help carry out strategies. With Moomoo API Skills, investors can turn their ideas into structured strategies that can be tested and executed seamlessly within a single environment. Our focus is on enabling this in a way that enhances decision-making while keeping investors fully in control, bringing a more intuitive and accessible approach to strategy-driven investing,” said Xu.

About Moomoo

Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, Moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

Founded in the US, Moomoo has expanded its global presence to serve investors across multiple markets, including Singapore, Australia, Japan, Canada, Malaysia, and New Zealand. As a subsidiary of a Nasdaq-listed company, Moomoo is trusted by more than 29 million investors worldwide and has earned recognition from leading financial institutions and publications for its innovation and reliability.

For more information, please visit Moomoo’s official website at www.moomoo.com

Disclaimers

The contents herein do not constitute an offer, solicitation or recommendation to invest in any capital market products. Investors should understand the risks involved in relation to the products and services, conduct their own risk assessment and seek professional advice, where necessary. Investors should compare and consider the fee, charges and costs involved. Past performance is not indicative of future performance.

This document has not been reviewed by the Securities Commission Malaysia. Please refer to the Advertisement Disclaimer on our website.

Investments in capital market products involve risk. Full disclaimers at www.moomoo.com/sg/support/topic5_510. This advertisement has not been reviewed by the Monetary Authority of Singapore.

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