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Automated Fare Collection System Market Outlook to 2025 | Industry Analysis by Top Competitors Thales Group, Vix Technology, Advanced Card Systems Holdings Limited, Atos SE, Cubic Corporation, GMV, Samsung SDS Co. Ltd. and LG Corporation
Automated Fare Collection System Market to 2025
The report aims to provide an overview of Global Automated Fare Collection System Market along with detailed segmentation of market by component, technology, industry and five major geographical regions. Global Automated Fare Collection System Market is expected to witness growth during the forecast period owing to the increasing demand for congestion free ticketing process and efficient transportation systems.
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Top Competitors:
- Advanced Card Systems Holdings Limited
- Atos SE
- Cubic Corporation
- GMV
- Thales Group
- Vix Technology
- Singapore Technologies Electronics Limited
Automated fare collection (AFC) systems are a set of comprehensive subsystems which automate ticketing system or automates fare collection. In general, AFC is an automated version of manual process used for ticketing or fare collection.
Global Automated Fare Collection System Market Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Automated Fare Collection System Market based on product and application. It also provides market size and forecast till 2025 for overall Automated Fare Collection System Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
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