Edison, NJ -- (SBWIRE) -- 11/05/2020 -- Latest released the research study on Global Automated Fare Collection Systems Market, offers a detailed overview of the factors influencing the global business scope. Automated Fare Collection Systems Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Automated Fare Collection Systems Market. The study covers emerging player's data, including: competitive landscape, sales, revenue and global market share of top manufacturers.

Top players in Global Automated Fare Collection Systems Market are:
Advanced Card Systems Ltd. (Hong Kong), Thales Group (France), Omron Corporation (Japan), Vix Technology (United Kingdom), Samsung (South Korea), GMV (Spain), NIPPON SIGNAL CO., LTD (Japan), NXP SEMICONDUCTORS N.V. (Netherlands)

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Brief Overview on Automated Fare Collection Systems
Automated fare collection system refers to the automated ticketing system used to analyze passenger flow records for public transport. Fare collection and ticket issued play an important role in the proper management of the overall transportation system. Automated fare collection system reduces the risk of fraud from both transport companies and customers end. Some of the features of the automated fare collection systems are it is real-time data collection of rider’s data, transaction, security, effective management of the collected funds, and others. Increasing demand for public transports from the public worldwide driving the demand for automated fare collection system

Automated Fare Collection Systems Market Segmentation and Market Data Breakdown:
Study by Type (Near-Field Communication, Magnetic Stripes, OCR, Smart Card, Other), Application (Transport & Logistic, Media & Entertainment, Government, Retail, Other), Component Type (Hardware, Software), System Type (Transport & Logistic, Media & Entertainment, Government, Retail, Other)

Market Drivers
Increase in Number of Daily Travelers
Increasing Adoption of Public Transportation Primarily, Metro Railways, and Rapid Bus

Market Trend
Adoption of New Technologies Such as Near-Field Communication (NFC), Magnetic Stripes

Market Challenges
Issue Related to the Malfunctioning of These Systems
Lack of Digital Money, and E Payments Platforms and IT Infrastructure from Developing Countries

Market Restraints:
Higher Initial Investments in Installing Automated Fare Collection Systems

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Automated Fare Collection Systems Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Automated Fare Collection Systems market
Chapter 2: Exclusive Summary – the basic information of the Global Automated Fare Collection Systems Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Global Automated Fare Collection Systems
Chapter 4: Presenting the Global Automated Fare Collection Systems Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2020
Chapter 6: Evaluating the leading manufacturers of the Global Automated Fare Collection Systems market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Global Automated Fare Collection Systems Market is a valuable source of guidance for individuals and companies.

Data Sources & Methodology
The primary sources involve the industry experts from the Global Automated Fare Collection Systems Market including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weightage.

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- Latest industry influencing trends and development scenario
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- Assisting in allocating marketing investments

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.
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