Press release
Global Smart Ticketing Market, Size, Share, Analysis Report & Forecast to 2026
The global smart ticketing market is projected to grow at a modest CAGR of nearly 13.0% during the forecast period (2021-2027). The primary factor driving the market growth include the growing digitization and urbanization in emerging economies. Further, the growing adoption of smart ticketing systems in the travel and tourism industry is contributing to the growth of the market. Apart from these, the emerging shift towards contactless payments is further encouraging companies to invest in the sector. For an instance, in March 2021, Giesecke+Devrient (G+D) collaborated with IDEMIA and NXP Semiconductors. Together, the companies introduced the White Label Alliance (WLA) which respond to the increasing global demand for next-generation, discrete payment solutions for domestic and private-label payment brands.Free Sample Copy @ https://www.omrglobal.com/request-sample/smart-ticketing-market
The global smart ticketing market is segmented based on component and application. Based on component, the market is segmented into hardware, software, and services. Among the component, the software segment is expected to have a considerable share in the market during the forecast period. The attributable factor for the growth of the segment is the growing digitization in ticketing services for enhancing the travel experience of passengers. The software allows people to book their tickets automatically. In addition, it allows a passenger to book a ride with a simple way from his home to his desired destination and at the desired time with a range in types of buses and tickets prices. Based on application, the market is segmented into parking & transportation and sports & entertainment. Among the application segment, the parking and transportation segment is expected to hold a lucrative share in the market during the forecast period.
A Full Report of Global Smart Ticketing Market is Available at:
https://www.omrglobal.com/industry-reports/smart-ticketing-market
Geographically, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is projected to hold a significant market share during the forecast period. The regional growth of the market is accredited to the growing urbanization and rising focus on digitalization across each sector in the region. Government initiatives towards demonetization and forcing cashless transactions are propelling the growth of the market. For instance, the Indian government launched digital India in July 2015, to convert India into a cashless society. In 2020, North America held a major market position in the global smart ticketing market. The well-developed infrastructure and growing investments in automotive and transportation are some of the key factors driving the growth of the regional market. In 2020, Europe is the second-largest market owing to the early adoption of advanced technology in the region.
Global Smart Ticketing Market – Segmentation
by Component
Hardware
Software
by Application
Parking & Transportation
Railways
Roadways
Airways
Sports & Entertainment
Global Smart Ticketing Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
Assa Abloy AB
Atsuke
Conduent, Inc. and Flowbird
Confidex Ltd.
Giesecke & Devrient GmbH
Hitachi, Ltd.
IDEMIA SAS (Advent International, Inc.)
Scheidt & Bachmann GmbH
Siemens AG
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/smart-ticketing-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Smart Ticketing Market, Size, Share, Analysis Report & Forecast to 2026 here
News-ID: 2415444 • Views: 246
More Releases from Orion Market Research
Coronary Stent Market Comprehensive Insight by Growth Rate, Industry Status, For …
Coronary stent market is anticipated to grow at a CAGR of around 6.9% during the forecast period. A coronary stent is a mesh-like small elastic tube made up of metal such as cobalt alloy or stainless steel that acts as support. Stents are attached to small balloons and opened inside the artery to support the vessel wall and reinstate blood flow. Stenting is relatively more comfortable for patients in comparison…
Conventional and Alternative Pain Treatment Market Comprehensive Insight by Grow …
Conventional and alternative pain treatment market is expected to grow at a significant CAGR during the forecast period. Medical doctors and other healthcare professionals in conventional medicines treat symptoms and diseases mostly by using medications, such as opioids and other strong pain relievers, or surgery. The majority of disorders are treated solely by conventional medicine, which usually involves medicines or surgery. It can lead to long-term treatment with an improvement…
Electric Motors For Electric Vehicle Market Outlook 2029: Presents Market Insigh …
Electric Motors For Electric Vehicle Market is anticipated to grow at a considerable CAGR of 21.7% during the forecast period. One of the major factors fueling the market is the growing demand for multi-electric motors in electric vehicles. The electric vehicle market become one of the most competitive markets in the globe in the past few years. To stay, and grow the competition in the market, market players are using…
Electronic Grade IPA Market is Anticipated to Increase at a Stable CAGR over the …
The global electronic grade isopropyl alcohol market is estimated to grow at a significant CAGR during the forecast period. Electronic grade isopropyl alcohol is mostly used in the processing of precision electronic components such as magnetic heads, liquid crystals, and circuit boards, chips as well as ultra-clean organic solvents for cleaning equipment. Isopropanol a high-purity electronic chemical is mostly used in the cleaning of silicon wafers.
Electronic isopropyl alcohol is used…
More Releases for Europe
Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The key players covered in this study
McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe…
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This…
Global Strategy Consulting Market Research Report 2018-2025 | Global Key Player …
An up-to-date research report has been disclosed by Market Research Hub highlighting the title “Global Strategy Consulting Market Size, Status and Forecast 2018-2025” which provides an outlook for current market value as well as the expected growth of Strategy Consulting during 2018-2025. The report studies the casing heads market worldwide, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, size, growth, revenue, consumption, import and export…
Strategy Consulting Market Deep Insights with Core Business Strategies 2018 - Ro …
Strategy Consulting Market report provides a vital recent industry data which covers in general market situation along with future scenario for industry around the Globe. It also consist of major data along with forecasts of a global market along with clear presentation of diagrams (charts and tables).
Global strategy consulting market size status and forecast 2025 has a vast collection of market research reports concerning the software industry, its sub-sectors, and…
Wearable Heart Monitoring Devices Market 2018 To 2023 – Top Leaders Beurer Gmb …
The Worldwide Wearable Heart Monitoring Devices Market is growing at a healthy rate. The major players in this market are Medtronic (U.S.), Kinetec Products UK Ltd. (South America), Beurer GmbH (Europe), Medisana AG (Europe), Briggs Healthcare (U.S.), Polar Electro (Europe), SUUNTO (Europe), Koninklijke Philips N.V. (Europe), Garmin Ltd. (Europe) and others. The Wolrdwide Wearable Heart Monitoring devices is segmented on the basis of products, type, application, and end users. On…
Surgical Equipment Market 2018 Leading Manufacturer in Europe, the Middle East & …
The Europe, the Middle East & Africa Surgical Equipment Market is expected to grow at an approximate CAGR of 6.7% during the forecast period.
A surgical equipment is a designed tool or device to carry out various surgical procedures so as to modifying biological tissues and to provide access for viewing them. The surgical equipment can be designed specifically for a particular surgery or it can be used as general purpose…
