Press release
Smart Ticketing Market To Witness Huge Growth By Key Players: Cubic Corporation, Confidex Ltd., NXP Semiconductors, CPI Card Group
Smart Ticketing Market
The regions covered in the smart ticketing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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The smart ticketing market consists of sales of the smart ticketing by entities (organizations, sole traders, and partnerships) that refers to a ticketing system where travel tickets are electronically stored on smartphones or smartcards. Smart ticketing is a system that stores a travel ticket digitally on a microchip, which is then typically embedded on a smartcard. Passengers on public transportation could use a smartcard to seamlessly board and disembark from buses, trams, or trains without having to use cash or purchase a paper ticket. To authorize the travel details, the transport operator scans the contactless smartcard at a static or handheld ticket machine or barrier.
Key competitors in the smart ticketing market include Cubic Corporation, Confidex Ltd., NXP Semiconductors, CPI Card Group.
The global smart ticketing market size is expected to grow from $11.6 billion in 2021 to $13.89 billion in 2022 at a compound annual growth rate (CAGR) of 19.7%. The global smart ticket market size is expected to grow to $25.07 billion in 2026 at a CAGR of 15.9%.
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TBRC's report segments the global smart ticketing market:
1) By Product: Ticket Machine, E-Ticket, E-Kiosk, Request Tracker
2) By Component: Hardware, Software
3) By System: Open Payment System, Smart Card, Near-Field Communication
4) By Organisation Size: SMEs, Large Enterprises
5) By Application: Railways, Airways, Roadways, Sports and Entertainment
Read Further On The Smart Ticketing Market Here:
https://www.thebusinessresearchcompany.com/report/smart-ticketing-global-market-report
The Table Of Contents Includes:
1. Executive Summary
2. Smart Ticketing Market Characteristics
3. Smart Ticketing Market Trends And Strategies
4. Impact Of COVID-19 On Smart Ticketing
5. Smart Ticketing Market Size And Growth
.....
27. Smart Ticketing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart Ticketing Market
29. Smart Ticketing Market Future Outlook and Potential Analysis
30. Appendix
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