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Global Smart Ticketing Market Outlook to 2025 Leading by Industry Players like Giesecke & Devrient GmbH, CPI Card Group Inc., Confidex Ltd., IAC Publishing, LLC, Oberthur Technologies, Rambus.com., Xerox Corporation., Vix Technology.

This market report defines the market trends and forecast the upcoming opportunities and threats of the smart ticketing market in the next 8 years. Smart ticketing is a system, which automatically stores a travel ticket on a microchip, which is usually fixed on a smartcard. Smartcard allow customers of public carriage to flawlessly step on and off buses, or trains without using outdated payment systems. Smart ticketing systems are embedded with water-resistant features, which increase life of the ticket which is longer when compared to a typical paper ticket.

The Global Smart Ticketing Market is expected to reach USD 9.856 billion by 2025, from USD 5.9 billion in 2017 growing at a CAGR of 9.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2018 to 2025.

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Top Key Players

  • Gemalto NV
  • Cubic Corporation
  • Infineon Technologies AG
  • NXP Semiconductors.
  • Xerox Corporation.
  • HID Global Corporation/ASSA ABLOY AB.
  • Giesecke & Devrient GmbH
  • CPI Card Group Inc.
  • Confidex Ltd.
  • IAC Publishing, LLC
  • Oberthur Technologies
  • com.
  • Xerox Corporation.
  • Vix Technology.
  • Scheidt & Bachmann GmbH
  • HID Global Corporation/ASSA ABLOY AB.

Major Market Drivers:

  • Availability of smart transit systems in reasonable prices.
  • Evolving new application in travel and tourism industry
  • Acceptance of smart technologies.
  • Easily accessible platform

Restraints:

  • Huge amount of funds required.

Consolidated structure for smart ticketing systems

Market Definition: Global Smart Ticketing Market

This market report defines the market trends and forecast the upcoming opportunities and threats of the smart ticketing market in the next 8 years. Smart ticketing is a system, which automatically stores a travel ticket on a microchip, which is usually fixed on a smartcard. Smartcard allow customers of public carriage to flawlessly step on and off buses, or trains without using outdated payment systems. Smart ticketing systems are embedded with water-resistant features, which increase life of the ticket which is longer when compared to a typical paper ticket. Manufacturers are gradually configuring artificial intelligent technology in the smart ticketing systems to increase the market. Features like fingerprint recognition and ultra-touch fingerprint sensors, will increase smart ticketing system demand in various industries. Smart ticketing market is not only restricted to the transport industry, but, it also gains popularity in sports, entertainment, BFSI, and healthcare. The information technologies like QR code, NFC, RFID, barcode, local wireless ticketing, and open payment systems helps the smart ticketing companies to provide smart solutions to different industries.

Market Segmentation: Global Smart Ticketing Market

Global Smart Ticketing Market By Product (Ticket Machine, E-Ticket, E-Kiosk, Smart Parking System, E-Toll , Request Tracker), By Component (Software, Hardware), By System (Smart Card, Open Payment System, Near-Field Communication System), By Application(Railways and Metros, Sports and Entertainment, Airlines , Buses ),By Geography– Industry Trends and Forecast to 2025

Competitive Analysis: Global Smart Ticketing Market

The global smart ticketing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of smart ticketing market for global, Europe, North America, Asia pacific and South America.

Key Features of the Report

  • Key developments and product launches by the top players and brands
  • Key parameters which are driving the market
  • Key trends of the market
  • Challenges of market growth
  • What are the challenges being faced by the new entrants
  • Market volume

Major Topics Covered in this Report:

Chapter 1 Study Coverage

Chapter 2 Executive Summary

Chapter 3 Market Size by Manufacturers

Chapter 4 Production by Regions

Chapter 5 Consumption by Regions

Chapter 6 Market Size by Type

Chapter 7 Market Size by Application

Chapter 8 Manufacturers Profiles

Chapter 9 Production Forecasts

Chapter 10 Consumption Forecast

Chapter 11 Upstream, Industry Chain and Downstream Customers Analysis

Chapter 12 Opportunities & Challenges, Threat and Affecting Factors

Chapter 13 Key Findings

Chapter 14 Appendix

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