Daimler AG and BMW Group agree to combine mobility services. More information can be found here.

moovel Group / moovel transit

Juniper Research names moovel Group as leading disruptor in mobile ticketing

Download article

Juniper Research names moovel Group as leading disruptor in mobile ticketing

  • Market report predicts company will significantly grow and impact the mobility sector with transportation solutions
  • In 2017, 22.3 million transactions have been made via moovel apps
  • moovel at Transport Ticketing Global in London

Portland, Oregon, January, 23, 2018. Today Juniper Research has named moovel Group, the leading provider of public transit mobile ticketing and fare validation solutions as a market leading disruptor in their latest report, Mobile & Online Ticketing: Transport, Events & NFC 2017-2022. Juniper's report outlines moovel's strong position in the industry, predicting that the company will grow significantly over the next twelve months by developing strategic partnerships with a wide range of mobility service providers. In 2017, 22.3 million transactions have been made via moovel apps. The moovel Group has 3.7 million users in the United States and Europe.

As digital ticketing continues to evolve alongside trends such as intelligent transport networks and near field communication (NFC) technology, Juniper expects over 40 billion tickets to be bought via mobile and online means by the end of 2022. With this shift toward consumer-driven purchasing, mobile wallets and in-app integration will become pivotal features of transportation services. Juniper forecasts that moovel's experience with these technologies, current transit solutions, Daimler-backing, customer base and innovative new products, such as Fare Connect, will enable the company to disrupt the mobility sector and further drive market leadership in the United States.

"Juniper Research is known for being truly tapped into the mobile ticketing industry and able to accurately forecast where the sector is heading," said Nat Parker, CEO of moovel North America. "Their inclusion of moovel as a market leader and disruptor in this latest report is a tremendous validation of the mission our company has set out to accomplish. We believe that the future of mobile ticketing and transportation will offer a more convenient, accessible, and ultimately cost-effective experience for all parties, and look forward to delivering solutions that will help us achieve this goal."

Acknowledged as the leading analyst house in the Fintech & Payments sector for over a decade, Juniper delivers pioneering research into payments, banking, and financial services. Juniper is fully independent, operating with a team drawn from experienced senior managers with proven track records in each of their specialist fields.

From January 23-25, 2018 in London, moovel will be presenting its latest developments at Transport Ticketing Global, the world's largest public transportation gathering. On January 24, moovel N.A. CEO Nat Parker will speak about "The Mobility Opportunity" at platform 3.

About moovel
moovel Group GmbH is an urban mobility company, that aims to make cities smarter. Founded by Daimler AG, the maker of Mercedes-Benz, with the global mission to find solutions for the disconnected and ever-changing state of urban transportation and to discover how new technologies will affect the way we'll move tomorrow. Being a part of Daimler Financial Services AG, moovel Group GmbH is headquartered in Stuttgart, Germany, and led by Global CEO Dr. Daniela Gerd tom Markotten. For more information, please visit www.moovel-group.com.

About Juniper Research
Juniper Research provides research and analytical services to the global hi-tech communications sector, providing consultancy, analyst reports and industry commentary.

Further information is available on the Internet:
www.moovel-group.com

moovel Group contacts:
Michael Kuhn
+49 160 / 8614768
michael.kuhn@moovel.com

Melanie Graf
+49 176 30 941 349
melanie.graf@moovel.com

moovel Group GmbH
moovel Group GmbH, a wholly owned subsidiary of Daimler AG, has made it its mission to simplify mobility in cities. It is working on an operating system for urban mobility that offers access to suitable mobility options and paves the way for a future with autonomous vehicles.
moovel acts as a partner to cities, transport associations and customers. moovel is represented in the German market with the moovel app. The moovel mobility app combines local public transport, the carsharing provider car2go as well as mytaxi, rental bicycles and Deutsche Bahn. Most services can be booked and paid for simply and directly via the moovel app. With the moovel transit product portfolio, the moovel Group offers white label solutions for transport associations and companies around the world. In the USA, moovel North America, with moovel transit, is the market leader in mobile ticketing solutions for transport associations. moovel Flex Pilot is an on-demand ridesharing service by moovel Group, which is piloted on selected days in Stuttgart from December 2017 onwards.

Share the news