23 Jan 18
News

Moovel is “leading disruptor” in mobile ticketing

In its latest report, Juniper Research names moovel Group, Daimler urban mobility subsidiary, as a leading disruptor in the market of public-transit mobile ticketing and fare validation solutions. 

Pointing out that moovel apps processed 22.3 million transactions in 2017, and that the moovel Group already has 3.7 million users in the U.S. and Europe, the report predicts that moovel will grow significantly over the next 12 months, via a wide range of strategic partnerships. 

Juniper expects digital ticketing to boom, thanks to fast-moving trends such as intelligent transport networks and near-field communication technology. By 2022, it predicts that over 40 billion tickets will be bought annually via mobile or online.

As a result, mobile wallets and in-app payment integration will become essential features of online transport services. Moovel's experience, innovation, customer base, and support by Daimler will enable it to disrupt the mobility sector and drive it forward, Juniper predicts.  

Authored by: Frank Jacobs