Automated Fare Collection System Market to Exceed US $11.8 Bn by 2024
The report, titled "Automated Fare Collection Systems Market: Global Industry Analysis and Forecast, 2016-2024," illustrates that the global automated fare collection systems market, which is presently valued at US$ 4.7 Bn will surge at 11.1% CAGR during the eight-year forecast period. Factors such as easy installation, low-cost maintenance and compatibility to technological advancements are observed to drive the demand for automated fare collection systems across the globe. The market is expected to witness surplus revenue growth on the account of...
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