Automated Fare Collection Market Expected to Reach 11.95 Billion USD by 2021
According to a new market research report "Automated Fare Collection Market by Application (Rail and Transport, Parking), by Service Type (Consulting, System Implementation), by Technology, by Industry, by Region - Global Forecast to 2021", published by MarketsandMarkets, the estimated to grow from USD 6.42 Billion in 2016 to USD 11.95 Billion by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 13.2%. The government initiative for atomized transport system and low operating cost, has opened up new avenues for...
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