3D Interactive Ticketing Solutions Market Exhibits Higher Growth Prospects during 2018-2028
The growing adoption of automated workflow and continuous improvement in cloud technology are driving the global 3D interactive ticketing solutions market.
[USPRwire, Tue Jul 23 2019] Continuous developments in 3D interactive ticketing solutions and the shift towards automated workflow are driving the global 3D interactive ticketing solutions market. Features like reduced manpower, reduced cost, time efficient, high security, fast ticket validation, and real-time tracking, and advanced technology such as barcodes are increasing the adoption of 3D interactive ticketing solutions, and are significantly contributing to the growth of global 3D interactive ticketing solutions market. Other parameters such as increasing number of events and shows, increasing mobile adoption, and high-security payment gateways are significantly contributing to the growth of global 3D Interactive Ticketing Solutions Market.
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The growing adoption of automated workflow and continuous improvement in cloud technology are driving the global 3D interactive ticketing solutions market. A 3D interactive ticketing solution converts all the incoming requests into tickets, and also handles requests from multiple channels. 3D interactive ticketing solutions track, prioritize, follow-up on customer requests, and enable enhanced customer service. 3D interactive ticketing solutions streamline processes and simplify the workflow. 3D interactive ticketing solutions enable interaction with customers within a single window. 3D interactive ticketing solutions also enable the tracking of past information or data about the customer. 3D interactive ticketing solutions collect all the relevant customer data and enable service providers to improve their services. Vendors provide 3D interactive ticketing solutions with a dashboard for real-time tracking, reporting, and analytics. Vendors also provide 3D interactive ticketing solutions compatible with social media platforms and mobile devices. With the introduction of 3D interactive ticketing solutions, the revenue potential of any event has increased and operational costs have reduced. 3D interactive ticketing solutions also increase brand visibility and open multiple sales channels. 3D interactive ticketing solutions also provide a 360-degree view of customers’ buying behavior. 3D interactive ticketing solutions maximize ticket revenue through premium features of the software, such as targeting new customers, strengthening relations with existing customers, and providing a user-friendly interface. 3D interactive ticketing solutions significantly reduce costs by simplifying workflow and operations. 3D interactive ticketing solutions create single ticket, vouchers, passes, seasonal tickets, parking tickets, and others. 3D interactive ticketing solutions also manage special campaigns, discounts, promotion codes, memberships, and others. 3D interactive ticketing solutions use real-time analytics to maximize sales for each event. 3D interactive ticketing solutions provide a 3D view of the seats before the purchasing a ticket, which can be seen on multiple devices.
The threat of data hacking, 3D interactive ticketing solution failure during rush hours, and ticket forging are major challenges hindering the growth of the market. However, vendors are continuously focused on the development of advanced 3D interactive ticketing solutions to overcome these challenges.
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Examples of some of the market participants in the global 3D interactive ticketing solutions market identified across the value chain include ESSMA, MMC, Ticket Alternative, Etix, SecuTix, Spectra, Ticketmaster, AXS, IMG Tickets, SAP SE, 360 Ticketing, and others.
On the basis of geography, the global 3D interactive ticketing solutions market can be segmented into North America, Latin America, Europe, CIS & Russia, Asia Pacific excluding Japan, Japan, and the Middle East & Africa. Among all these regions, North America and Europe are expected to hold a major market share of the global 3D interactive ticketing solutions market during the forecast period, due to the huge number of events happening in these regions. APEJ is expected to be the fastest-growing region during the forecast period, due to continuous developments in developing countries such as Greater China and India, and increasing disposable income.
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