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Transport Ticketing Market Research and Analysis 2019-2023 | Gemalto NV, NXP Semiconductors, Accenture Plc, CPI Card Group Inc., Cubic Corp., Xerox Corp.

01-23-2019 11:40 AM CET | IT, New Media & Software

Press release from: Market Research Future -mrfr

Transport Ticketing Market Research and Analysis 2019-2023 |

Transport Ticketing Market, By Product (Ticket Machine, E-Ticket, E-Kiosk, E-Toll), By System (Smart Card, Smart Phone), By Application (Railways & Metros, Buses, Personal Vehicles) - Forecast 2023

Key Players
The prominent players in the Transport Ticketing Market are- HID (U.S.), Gemalto NV (Netherlands), NXP Semiconductors (U.S.), Accenture Plc (Ireland), CPI Card Group Inc. (U.S.), Cubic Corp. (U.S.), Xerox Corp. (U.S.), AEP Ticketing Solutions (Signa), Rambus Incorporated (U.S.), Infineon Technologies AG (Germany) among others.

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Market Highlights
On the basis of regional analysis the market is segmented into North America, Europe, Asia-Pacific and Rest of the World. North America region is generating highest market share in the transport ticketing market followed by Europe owing to better network infrastructure, digitization and higher technology implementation. Digitization in North America region is mainly due to the invention of advanced technology and economies benefitting from it. The implementation of transport ticketing technology by government is increasing rapidly due to increased traffic congestion and urbanization. The investment done by government towards smart cities development, smart lighting and better control and management of traffic rules is increasing in the region. The invention of wireless sensors due to growing air traffic volume and precise traffic analytics software is driving the market in the region. The major growth in transport ticketing market in North America is attributed to the technical advancements and increasing use of mobiles devices in that region. The region is mainly dominating the market because of advanced technology implementation in advanced ticketing solutions. The European region is also gaining growth because of increase demand of citizens and investment by government in transport ticketing market.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Transport Ticketing Market Research Report -Forecast to 2023”.
Transport Ticketing Market is expected to grow at approximately USD 11 Billion by 2023, at 10% of CAGR between 2018 and 2023.

Segmentation
The transport ticketing market has been segmented on the basis of software that includes data analytics software. It enables users by offering strong data management capabilities, easy platform for interactive GIS maps and database, provide accurate inventory and cost estimation functions and precise validation of built in data.

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Market Research Analysis:
In transport ticketing market, North America region is growing due to managing real-time traffic analysis capabilities. In US region, there is large utilization of transport ticketing system and various projects are undertaken for the development of citizens. The deployment and integration service is majorly adopted by users in the region as it is less time consuming. Asia-Pacific market is estimated to be one of the fastest growing market as it is continuously investing into research and development of transport ticketing market to directly address the security of citizens. Increased urbanization has led to traffic congestions that results in increased paper usage. High adoption of solutions to reduce congestions, along with better transport ticketing and control, has led to a higher demand of transport ticketing solutions in the region. Countries such as China and Brazil are adopting safety and control measures for transport ticketing and safety of citizens. Asia-Pacific is projected to grow at the fastest rate during the forecast period.

TABLE OF CONTENTS
1 MARKET INTRODUCTION
1.1 INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS
1.2.3 LIMITATIONS
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH TYPE
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION
3 MARKET DYNAMICS
Continued…….

LIST OF TABLES
TABLE 1 TRANSPORT TICKETING MARKET, BY PRODUCT
TABLE 2 TRANSPORT TICKETING MARKET, BY SYSTEM
TABLE 3 TRANSPORT TICKETING MARKET, BY APPLICATION
TABLE 4 TRANSPORT TICKETING MARKET, BY REGION
TABLE 5 NORTH AMERICA TRANSPORT TICKETING MARKET, BY PRODUCT
Continued…...

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LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 TRANSPORT TICKETING MARKET: BY PRODUCT (%)
FIGURE 3 TRANSPORT TICKETING MARKET: BY SYSTEM (%)
FIGURE 4 TRANSPORT TICKETING MARKET: BY APPLICATION (%)
FIGURE 5 TRANSPORT TICKETING MARKET: BY REGION (%)
Continued……

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members

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