Businessinfo: Mobile Ticketing to Drive m-commerce Market to $88bn by 2009.LONDON -- A new report offered by Businessinfo.ws: 'Worldwide m-commerce: the next 5-years' shows that revenues from mobile ticketing Mobile ticketing is the process whereby customers can order, pay for, obtain and validate tickets from any location and at any time using mobile phones or other mobile handsets. applications will drive the m-commerce market into an $88 billion industry by 2009. Digital goods such as mobile entertainment (ringtones, games, wallpaper, gambling and so on) will continue to be the largest application for buying and selling via the mobile phone but ticket purchases will also emerge as a major application area by 2007 with revenues totalling $39 billion by 2009, the report estimates. 'Worldwide m-commerce: the next 5-years' reveals that train and bus travel, cinemas and theatres, as well as car parking, will be key ticketing application areas. Mobile users have already started to show interest in ticketing particularly in Europe and Japan. The report also reveals that mobile entertainment transactions will be worth $48bn by 2009; retail Point of Sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) mobile transactions will be slow and be worth only $299 million by 2009; RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. and Infra [Latin, Below, under, beneath, underneath.] A term employed in legal writing to indicate that the matter designated will appear beneath or in the pages following the reference. infra prep. Red technologies are likely to have major influence on future developments of mobile as a payment device; and that the development of global standards will continue to be slow due to too many industry bodies concentrating on vested interests vested interest n. 1. Law A right or title, as to present or future possession of an estate, that can be conveyed to another. 2. A fixed right granted to an employee under a pension plan. 3. .' For further information about these findings, visit http://www.businessinfo.ws/archive/BIAABZBI.shtml. |
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