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Smart Ticketing Market Focusing on Development, Growth, Revenue, Companies like NXP Semiconductors, Rambus, HID Global, Giesecke+Devrient, CPI Card Group, Confidex Ltd., Oberthur Technologies, Inside Secure, Vix Technology, Scheidt & Bachmann to 2025
The global smart ticketing market is expected to reach USD 9.856 billion by 2025, from USD 5.9 billion in 2017 growing at a CAGR of 9.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2018 to 2025.
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Smart ticketing systems are embedded with water-resistant features, which increase life of the ticket which is longer when compared to a typical paper ticket. Manufacturers are gradually configuring artificial intelligent technology in the smart ticketing systems to increase the market. Features like fingerprint recognition and ultra-touch fingerprint sensors, will increase smart ticketing system demand in various industries. Smart ticketing market is not only restricted to the transport industry, but, it also gains popularity in sports, entertainment, BFSI, and healthcare.
Major Market Drivers:
• Availability of smart transit systems in reasonable prices.
• Evolving new application in travel and tourism industry
• Acceptance of smart technologies.
• Easily accessible platform
Restraints:
• Huge amount of funds required.
• Consolidated structure for smart ticketing systems.
Top Key Players:
• Gemalto NV
• Cubic Corporation
• Infineon Technologies AG
• NXP Semiconductors.
• Xerox Corporation.
• HID Global Corporation/ASSA ABLOY AB.
• Giesecke & Devrient GmbH
• CPI Card Group Inc.
• Confidex Ltd.
• IAC Publishing, LLC
• Oberthur Technologies
• Rambus.com.
• Xerox Corporation.
• Vix Technology.
• Scheidt & Bachmann GmbH
• HID Global Corporation/ASSA ABLOY AB.
• Inside Secure
• among others.
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Global Smart Ticketing Market By Product (Ticket Machine, E-Ticket, E-Kiosk, Smart Parking System, E-Toll , Request Tracker), By Component (Software, Hardware), By System (Smart Card, Open Payment System, Near-Field Communication System), By Application(Railways and Metros, Sports and Entertainment, Airlines , Buses ),By Geography– Industry Trends and Forecast to 2025
Complete report on Global Smart Ticketing Market Research Report 2017-2024 spread across 350 Pages, profiling Top companies and supports with tables and figures
The study objectives of this report are:
• To study and forecast the market size of Strategy Consulting in global Smart Ticketing market.
• To analyze the global key players, SWOT analysis, value and global market share for top players.
• To define, describe and forecast the market by type, end use and region.
• To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
• To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.
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Customize report of "Global Smart Ticketing Market" as per customers requirement also available.
Market Segmentations:
Global Smart Ticketing Market is segmented on the basis of
• Product
• Component
• System
• Application
• Geography
Market Segmentations in Details:
On the basis of Product, the global smart ticketing market is segmented into ticket machine, e-ticket, e-kiosk, smart parking system, e-toll, request tracker and others.
On the basis of Component, the global smart ticketing market is segmented into hardware and software. Hardware is further sub segmented into POS terminal equipment, cards and microchips and card reader.
On the basis of System, the global smart ticketing market is segmented into smart card, open payment system, and near-field communication system. The smart card is further sub segmented into chip-based RFID and chipless RFID.
On the basis of Application, the global smart ticketing market is segmented into railways and metros, sports and entertainment, airlines and buses. Sports and entertainment is further segmented into malls, stadium and museum.
On the basis of Geography,
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
Company Share Analysis: Global Smart Ticketing Market
The global smart ticketing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of smart ticketing market for global, Europe, North America, Asia pacific and South America.
Speak to Author of the report @ http://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-smart-ticketing-market
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