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Smart Ticketing Market by Top Players like NXP Semiconductors, Xerox Corporation, Rambus, Cubic Corporation, Gemalto NV and Forecast 2025

02-28-2019 03:45 PM CET | IT, New Media & Software

Press release from: Contrive Datum Insights Pvt. Ltd.

Smart Ticketing

Smart Ticketing

Smart Ticketing refers to a system in which a travel ticket is stored digitally on a microchip rather than a print out, and is generally embedded on a smart card. Smart ticketing is mainly used in public transport supported by various governments and a sustainable transport policy, which improves the overall transportation services with increased usage of NFC-enabled mobile phones. Smart ticketing has also brought innovation to sports, entertainment, BFSI, and healthcare industries and are being widely implemented in many industries. Globally, increasing demand for cashless payments has enabled smart ticketing companies to innovate on mobile payment options.

The “Smart Ticketing” market will witness a CAGR of 19.7% during the forecast period 2018–2025.

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Market Analysis:
The market is analyzed based on products, verticals, and regions. The products segment is further divided into ticket machine, ticket system, smart parking, smart bills, and others. Most of the smart ticketing players are offering security-based solutions, which have a huge demand in the smart ticketing market due to increase in fraud activities and the need to provide secure services to the customers.

Some of the key players included in the report are NXP Semiconductors, Xerox Corporation, Rambus, Cubic Corporation, Gemalto NV, and Others.

Technology and Product Analysis:
The smart ticketing technologies such as NFC, RFID, open payment system, QR code, and barcode are being implemented in transportation, sports, and entertainment industries. The increasing demand for real-time information, mobile & web applications, and smart card is the major driver for the market growth.

Points Covered in The Report:
• The major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast are discussed thoroughly.
• Detailed profiles of various key companies are covered in the report along with their business overview, strategic development and financial data.
• Every market is studied based on their historic data from 2014 to 2018 and forecast data from 2018 to 2025.
• The developing factors of the market are discussed in-depth and different segments of the market are explained in detail.

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The transportation industry is expected to hold the major market share, growing at a CAGR of 19.0% during the forecast period 2018–2025. In the transportation industry, land transport mode segment is expected to contribute the major market revenue followed by airways and water transport. Increasing demand for smart technologies by public transportation authorities and operators to automate their ticketing process is expected to drive the market growth.

The study covers and analyzes the “Smart Ticketing” market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, helps the venture capitalists in understanding the companies better and take informed decisions.

Table of Content (TOC):
Chapter 1 Introduction and Overview
Chapter 2 Industry Cost Structure and Economic Impact
Chapter 3 Rising Trends and New Technologies with Major key players
Chapter 4 Global Smart Ticketing Market Analysis, Trends, Growth Factor
Chapter 5 Smart Ticketing Market Application and Business with Potential Analysis
Chapter 6 Global Smart Ticketing Market Segment, Type, Application
Chapter 7 Global Smart Ticketing Market Analysis (by Application, Type, End User)
Chapter 8 Major Key Vendors Analysis of Smart Ticketing Market
Chapter 9 Development Trend of Analysis
Chapter 10 Conclusion

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Any special requirements about this report, please let us know and we can provide custom report.

About Contrive Datum Insights:
Contrive Datum Insights (CDI) is the most comprehensive database of market-related research. Serious researchers from across the globe seeking up-to-date information on the latest market trends with in-depth analyses turn to Contrive Datum Insights. Our massive database boasts authentic reports published by leading authors and publications. Contrive Datum Insights’ highly motivated and expert in-house team undertakes rigorous screening of the credentials of publishers and authors before accepting their submissions. Such vetting is imperative for internal quality control.

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Alex Jones,
(Sales Manager),
Office : 4859 Slcan Street,
Vancouver,
British Columbia, Canada
+19084598372,
sales@contrivedatuminsights.com
www.contrivedatuminsights.com

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