The Thailand mobile payments market is experiencing robust growth, projected to reach a significant value by 2033. A compound annual growth rate (CAGR) of 14% from 2019 to 2024 indicates a strong upward trajectory, driven by increasing smartphone penetration, rising internet usage, and a growing preference for cashless transactions among Thai consumers. Key drivers include government initiatives promoting digital financial inclusion, the expansion of mobile network infrastructure, and the widespread adoption of mobile wallets by both businesses and individuals. The market is segmented by payment type, with proximity payments and remote payments representing distinct categories. Major players like Grab, True Money, and leading banks like KASIKORNBANK are actively competing in this dynamic landscape, fostering innovation and competition. The convenience and security offered by mobile payment systems are attracting a broad user base, pushing the market towards further expansion. While challenges such as cybersecurity concerns and digital literacy gaps exist, the overall growth trajectory remains positive, indicating substantial potential for investors and businesses operating within the Thai mobile payments sector. The continued growth of e-commerce in Thailand further accelerates the adoption of mobile payment solutions. Consumers are increasingly embracing the speed, convenience, and security of mobile transactions for both online and offline purchases. This trend is fueled by younger demographics who are digitally savvy and comfortable using mobile technology for financial transactions. Furthermore, the integration of mobile payments with various loyalty programs and rewards systems enhances user engagement and incentivizes continued usage. The government's focus on developing robust digital infrastructure and promoting financial inclusion plays a critical role in supporting this growth. While the competitive landscape is intense, the market offers opportunities for both established players and emerging fintech companies to innovate and capture market share. This includes the development of specialized solutions targeting specific consumer segments and the integration of mobile payments with other financial services. This report provides a detailed analysis of the dynamic Thailand mobile payments industry, covering the period from 2019 to 2033. It leverages a robust data set, encompassing historical data (2019-2024), the base year (2025), and a comprehensive forecast (2025-2033), to offer actionable insights into this rapidly evolving market. We analyze key players like LINE Corporation, Grab, True Money Co Ltd, and Prompt Pay Ltd, alongside emerging fintech disruptors, to provide a complete picture of the competitive landscape. The report uses high-search-volume keywords such as "Thailand mobile payments market size," "Thailand mobile wallet adoption," and "Thailand fintech trends" to ensure maximum visibility. Recent developments include: April 2023: Shopee has announced that ShopeePay is Available in Thailand as a payment method to buy Apple services, such as the app store, icloud storage, etc. Customers can use their Shopee Pay account to pay for things like Apple Music, Oscar TV apps, iTunes store purchases, etc. Adding a mobile wallet as an Apple ID payment method offers a new and more convenient way for payments with Apple services while allowing you to make one-tap purchases on products like iPhone, iPad, or Mac without using your credit card., November 2022: Google Pay and Wallet have launched in Thailand as the pandemic has filled a fear of cash across every customer, and while contactless payment options were widely available and used in other countries, Thailand can also have a boarding pass stored in Google Wallet so that you don't need to carry paper passes when flying, which makes it slightly more convenient.. Key drivers for this market are: Thailand's emerging e-commerce market is expected to grow by double digits., Internet Penetration Witnessing a Significant Growth in the Thailand Mobile Payments Market. Potential restraints include: Integration issues with traditional systems, Data quality and accuracy issues. Notable trends are: Proximity Payment to Witness the Growth.

Events Tickets Market Outlook

The global events tickets market size was valued at approximately USD 68.5 billion in 2023 and is projected to reach USD 110.3 billion by 2032, growing at a CAGR of 5.4% during the forecast period. This significant growth is driven by the increasing popularity of live events, advancements in digital ticketing platforms, and the rising disposable incomes of consumers worldwide.

The burgeoning growth of the events tickets market is primarily fueled by the relentless rise in live entertainment and sports events, which have become a vital part of social and cultural life. The proliferation of music festivals, concerts, theatrical performances, and sporting events has created a robust demand for event tickets. Additionally, the growing trend of experiential spending, where consumers prioritize spending on experiences over material goods, further propels the market. Technological advancements, particularly in mobile ticketing and blockchain technology, enhance the convenience and security of purchasing tickets, thus driving market growth.

Another significant growth factor is the increasing integration of advanced technologies such as artificial intelligence and machine learning into ticketing platforms. These technologies optimize customer experiences by providing personalized recommendations and dynamic pricing models. Furthermore, the implementation of augmented reality (AR) and virtual reality (VR) in events offers immersive experiences, thus attracting a broader audience and boosting ticket sales. The widespread adoption of mobile payments and digital wallets also facilitates seamless transactions, contributing to market expansion.

The shift of ticket sales from traditional offline methods to online platforms has revolutionized the events tickets market. Online ticketing platforms offer several advantages, including ease of access, a wide range of options, and secure payment gateways, which enhance user satisfaction. The convenience of purchasing tickets from anywhere at any time, coupled with the ability to compare prices and read reviews, has led to a substantial increase in online ticket sales. Moreover, social media marketing and influencer endorsements play a pivotal role in promoting events and driving ticket sales, particularly among younger demographics.

Live Entertainment Platforms have become a cornerstone in the events tickets market, transforming the way audiences engage with performances. These platforms provide a seamless interface for users to discover and access a wide array of live events, from concerts and theater productions to sports and festivals. By leveraging advanced technologies, live entertainment platforms offer personalized recommendations and real-time updates, enhancing the overall user experience. The integration of social media features allows users to share their experiences and connect with fellow enthusiasts, further amplifying the reach and popularity of events. As consumer preferences shift towards digital solutions, live entertainment platforms are poised to play a pivotal role in driving ticket sales and expanding market reach.

Regionally, North America holds a substantial share of the events tickets market, attributed to the high number of live events, robust digital infrastructure, and the presence of major market players. Europe follows closely, driven by a rich cultural heritage and a high disposable income. The Asia Pacific region is expected to witness the highest growth rate during the forecast period, fueled by rapid urbanization, increasing internet penetration, and a burgeoning middle class with a growing appetite for entertainment. Latin America and the Middle East & Africa regions are also anticipated to experience significant growth, supported by a rising number of events and improving economic conditions.

Type Analysis

The events tickets market is segmented by type into sports, concerts, theater, festivals, and others. Each segment caters to a unique audience and contributes differently to the overall market dynamics. Sports events dominate the market, driven by the global popularity of various sports such as football, basketball, and cricket. Major sports leagues and events like the FIFA World Cup, the Olympics, and the Super Bowl attract millions of spectators, both in-person and online, creating a substantial demand for tickets. Sponsorships, media rights, and merchandise sales further amplify the revenue generated from sports events.

In financial year 2024, almost 164 billion digital payments were recorded across India. This was a significant increase compared to the previous three years.  Variety of digital payments  The total value of digital payments included large-scale interbank payments, such as Real Time Gross Settlement (RTGS) or National Electronic Funds Transfer (NEFT), as well as payments used by individuals, such as credit and debit cards. India’s mobile payment system, Unified Payments Interface (UPI), recorded strong gains, both in numbers and in value, since 2015. Thereby, it comes as no surprise that international key players, such as Google Pay or Amazon Pay, entered the market. Nevertheless, the most used app in 2021 was domestic app PhonePe.  COVID-19 effects  Since the beginning of the COVID-19 pandemic in India the number of digital payment transactions continued to grow. This was also true for the various methods of credit and debit transfers, including mobile payments through UPI. Nevertheless, the value of card payments and of large value credit transfers, such as RTGS, decreased considerably in financial year 2021.