Sales using mobile phones to skyrocket

Jan 25, 2006

Mobile ticket sales and retail will generate more than $63 billion worth of revenue by 2010, according to a new report.

A new report from Juniper Research reveals that revenues from mobile ticketing and mobile retail services will assist the global mobile commerce market by generating billions in revenue by 2010. Mobile-phone users, familiar with purchasing digital content such as ringtones and games, equipped with intelligent smartphones and accessing the mobile Internet via faster mobile data networks, will increasingly use their devices for mobile commerce.

The report reveals that innovative use of technology such as mobile barcodes and integrating radio frequency identification tags (RFIDs) into a mobile device coupled with consumer demand for easy-to-use applications is driving up the adoption of mobile ticketing and mobile retail services.

Highlights from the report include:

-- By 2010, 32 percent of Japanese mobile users will be buying tickets using a mobile phone.

-- Adoption rates in current mobile ticketing implementations is as high as 30 percent of the total tickets issued within the scheme.

-- By 2010, 87 million European mobile users (15 percent of total) will be using their mobile devices for mobile ticketing purposes.

-- The use of mobile barcodes is revolutionizing the way we purchase and store tickets.

Copyright 2006 by United Press International

Explore further: BofA to refund Apple Pay customers charged twice

add to favorites email to friend print save as pdf

Related Stories

Mobile wallet adoption years away: eMarketer

Oct 09, 2014

Industry tracker eMarketer on Thursday said that use of smartphones as wallets will jump in the US next year, but shoppers won't be quick to abandon cash or credit cards.

Helsinki to test mobility system with mesh of transport

Jul 12, 2014

How people move around in the city in 2014 might become quaint history by 2025, at least in Helsinki, where urban thinkers suggest revamping the system by setting up efficiently linked transportation modes ...

Recommended for you

Tablets, cars drive AT&T wireless gains—not phones

3 hours ago

AT&T says it gained 2 million wireless subscribers in the latest quarter, but most were from non-phone services such as tablets and Internet-connected cars. The company is facing pricing pressure from smaller rivals T-Mobile ...

Twitter looks to weave into more mobile apps

3 hours ago

Twitter on Wednesday set out to weave itself into mobile applications with a free "Fabric" platform to help developers build better programs and make more money.

Blink, point, solve an equation: Introducing PhotoMath

4 hours ago

"Ma, can I go now? My phone did my homework." PhotoMath, from the software development company MicroBlink, will make the student's phone do math homework. Just point the camera towards the mathematical expression, ...

Google unveils app for managing Gmail inboxes

5 hours ago

Google is introducing an application designed to make it easier for its Gmail users to find and manage important information that can often become buried in their inboxes.

User comments : 0