Mobile app and software development has boosted the face of the product and services market hilariously. We all are fans of Amazon sales and Uber cabs. Well!! Thanks to mobile apps such as taxis to food and clothing to salons everything is accessible online today. 

Talking about the online market of everything, let’s dig into the event market. You will get to know the scope of ticket booking mobile apps. You will be surprised to know that investing in a ticket booking app is a mind-blowing idea so far. 

Facts & Stats:

• 500 million ticket-booking users in India!
• The online event ticketing market size is valued at $85.14 billion!
• The event app development market is expected to reach from $1,375 billion to $5,187 billion by 2033. 
• The market is likely to thrive at a 14.2% CAGR from 2024 to 2033.
• 89% of businesses save roughly 200 hours per year using technology
• Paytm Insider’s revenue grew 50% YoY in 2022
• BookMyShow’s revenue crossed ₹1,500 crores in FY2022
• 500 million ticket booking users in India, yet limited online options

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What is an Online Ticket Booking Application?

An online ticket booking app or event booking app is a software platform that helps you to get an entry ticket for any show happening in the city, whether it is a sports match (Cricket, Football, Tennis, Marathon, etc), movies, night parties, club or festive events, seminars, plays, shows, workshops, gathering and much more. One can book tickets for any such event through the ticket booking platform system. 

The Event App Development Services are also used by flight, bus, train corporations, government, and private organizations for their services, holiday planner companies, and more. The event booking app lets users personalize the results using filters like city, language, price range, date, and time.

Features of a Ticket Booking App 

Events booking app development in Asian and Middle Eastern countries has a huge scope ahead. Such mobile apps and software have an enthralling experience loaded with a bunch of features powered by the leading technologies and APIs. Such technologies among event booking are as follows:

6 key advanced features to include in an event ticket booking mobile app:

• Social Sign-Up with Login and Online Booking System

Simplify the registration process by adding registration through social networks (Facebook, Google), and email/phone number confirmation. Display seating arrangements of the theater and unify an engine for booking of tickets and selection of seats.

• Live Streams, Event Feeds & Push Notifications

Update users on other occurrences near them by frequently using the feeds feature based on saved preferences. When new shows are to be aired, the time is changed, or any other information is new to the user, get it to their devices with push notifications.

• Geo-Location Tracking and Events of Map

By applying geo-location tracking, recommend events that are occurring nearby to the users. Annually, showcase events on a map to allow people to search through events around their area of interest.

• Real-time analysis and Security-accessed based dashboard

Offer event organizers’ sales analytics and customer preferences in real time. Provide moderated user-facing dashboards where the admin can view different activities of the application, its downloads, and users.

• In-app navigation and payment integration.

Make navigation within the app smooth and incorporate a secure payment gateway feature. Some of the integrations to incorporate in this area are; booking confirmation screens, QR/barcode scanning, and sharing the booking details through the WhatsApp application.

• Multiple foreign languages and multiple currencies.

Provide the customers with more than one language support and take payments in this or that currency for the app’s integration into the international market.

Technology Required in Event Booking App Development

Deciding on the tech stack for an event booking app is a function of the features of the app, scalability requirements, and capabilities of the development team. Here are some common tech stacks used in event booking app development:

Frontend: React, Angular, Vue.js, Bootstrap, Material-UI, Foundation.

Backend: Python, Ruby, Node.js, Java, Django, Rails, MySQL, MongoDB.

Mobile Development: Swift, Objective-C, Kotlin, Java, React Native, Flutter.

Additional Technologies:

• Messaging Services: Twilio, SendGrid
• Authentication and Authorization: OAuth, Firebase Authentication
• APIs: Google Maps API, Calendar API
• Cloud Platforms: AWS, GCP, Azure
• Payment Gateways: Stripe, PayPal, Razorpay

Mobile Event Booking Application Development Cost

Here are the significant factors that play the role of determining the cost of application development similar to ticket booking apps.

1. Digital Platforms

There is a list of platforms one has to choose the platforms to build an app for. This can be for the iOS platform, for Android, for a web version, or for all platforms at the same time. Then they are built upon other frameworks and deployed on the platforms. Android application development is a bit more expensive compared to the application being developed for iOS.

2. Application Complexity

The number of features is also a factor used in cost estimation in the development of a particular app. If you want to include many features at an initial stage, then you have to invest a large amount for the development of an event ticket booking app.

3. Custom Features integration

Those are the basic features that are always developed in the app, however, if one wants to take it a notch higher, one might have to spend some extra money too.

4. App Development Timeline

As it has been seen each of the apps has its own time needed for the development phase. Duration plays an important part in defining the price of an app.

5. Mobile App Development Partner Location

An organization may employ people in their team that were paid their salary every month, while if one is planning on reducing costs on the team, one may employ independent workers who will work on an hourly basis.

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Revenue Model of Ticket Booking Apps

The modalities of earning revenue in these apps are not complicated because they have their standards for making this money. Take a quick look at how they earn money through their app:

• A fixed amount of return is collected for each event ticket sold by the organizers for any event.
• Expand coverage for a wide variety of sports to increase revenues.
• Some apps also play films under some special arrangements which assists them in generating some more income.
• Advertisements by third parties are paid and therefore they help the ticket-booking apps to generate their revenue.

Finally, they also feature coverage of some events on their homepage. This part on the homepage is paid and the organizers of the event pay a high price for it.

Conclusion

It is worth noting that the Mobile Event Booking Application Development enables companies that do everything on apps and online to perform better and create value in the company. Likewise, the event ticket booking apps enrich the concept and experience for the user and provide them with a proper ambiance for making bookings and transparent deals.

It is inexpensive to ensure the user becomes an independent do-it-yourselfer of online bookings rather than having to make calls or get someone else to do it for him. The industry of event booking mobile apps is a growing one, and this means that new players are coming into the market competition level. These apps have been recognized as a major attraction to users year after year.