2021 Contactless Ticketing Solutions Market New Growing Opportunities by 2027 - Wirecard AG, NXP Semiconductors N.V., Atos SE, Giesecke and Devrient GmbH, American Express Company

Contactless payments or contactless ticketing solutions are fast-paced without the requirement of any password or pin to process the payment. Thus, these contactless ticketing solution based transactions are performed quickly without compromising on privacy or security. This is one of the major factors driving the growth of the contactless ticketing solutions market. The increasing demand for mobile and web applications, and real-time information, are some of the major factors driving the growth of the contactless ticketing solutions market. Faster and easier transactions make the boarding of passengers smoother, and hence, is another factor anticipated to drive the growth of the contactless ticketing solutions market during the forecast period. Moreover, the increased adoption of NFC payments is anticipated to foster the demand of the contactless ticketing solutions market over the forecast period.

Contactless Ticketing Solutions Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Device Type (Smart Cards, NFC Chips, Mobile Handsets, Others); Vertical (Transportation, Media and Entertainment, Others) and Geography

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Contactless cards are the ones customers are most aware of. In contactless ticketing, people just hold their card a few inches away from a reader, to securely authenticate or to pay for a passenger's pass or ticket. A contactless ticketing solution by a mobile NFC can store tickets on the mobile phone digitally, and the NFC-enabled mobile phone can be used as a contactless transport ticket. To top up, a passenger has to just tap the mobile device on the NFC reader at the barrier or when boarding the bus or train. Many countries are already enjoying the benefits of near field communication technology for contactless ticketing solutions.

The global contactless ticketing solution market is segmented on the basis of device type, vertical. On the basis of device type, market is segmented as smart cards, NFC chips, mobile handsets, others. On the basis of vertical, market is segmented as transportation, media and entertainment, others.

The "Global Contactless Ticketing Solution Market Analysis to 2027" is a specialized and in-depth study of the contactless ticketing solution market with a special focus on the global market trend analysis. The report aims to provide an overview of contactless ticketing solution market with detailed market segmentation by device type, vertical. The global contactless ticketing solution market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading contactless ticketing solution market player and offers key trends and opportunities in the contactless ticketing solution market.

The report also includes the profiles of key contactless ticketing solution market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

- CPI Card Group Inc.
- Infineon Technologies AG
- Proxama, PLC.
- Texas Instruments, Inc.
- Wirecard AG
- NXP Semiconductors N.V.
- Atos SE
- Giesecke and Devrient GmbH
- American Express Company
- Oberthur Technologies S.A.

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