Press release
Smart Ticketing Market is Driven by Reduced Ticket Fraud and Increased Passenger Satisfaction and Increased Revenue for Transport Operators
Smart Ticketing systems offer a number of advantages over traditional paper ticketing, including increased efficiency, reduced queues and improved security. They also offer passengers a more convenient way to pay for their journey as they can simply tap their card or phone against a reader when boarding.
In some cases, Smart Ticketing systems can also be used to track passenger journeys and provide real-time information on service disruptions, which can be extremely useful for both passengers and transport operators alike.
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Key Trends
There are a few key trends in Smart Ticketing technology:
-The use of NFC (Near Field Communication) technology is becoming more widespread, as it allows for contactless payments and makes the whole process more efficient.
-There is a shift towards using apps instead of physical tickets, as this is more convenient for users and can offer additional features such as journey planning and real-time updates.
-There is also a trend toward open-loop systems, which allow users to use the same ticket on multiple transport operators. This makes it easier for users and encourages them to use public transport more.
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Key Drivers
Smart ticketing is a system that allows passengers to use electronic tickets instead of paper tickets when traveling. The electronic ticket can be in the form of a card, mobile phone, or other electronic devices.
There are many benefits of using smart ticketing, including:
- Reduced queues and waiting times at ticket counters
- Reduced ticket fraud and increased passenger satisfaction
- Improved data collection and analysis for transport operators
- Increased revenue for transport operators
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