Insights on the Growth of Smart Ticketing System Market to Achieve CAGR of +19% by System (Smart Card, Open Payment System, Near-Field Communication) – Forecast to 2023
Smart ticketing is mainly used in public transport supported by various governments and a sustainable transport policy, which improves the overall transportation services with increased usage of NFC-enabled mobile phones. Smart ticketing has also brought innovation to sports, entertainment, BFSI, and healthcare industries and are being widely implemented in many industries. Globally, increasing demand for cashless payments has enabled smart ticketing companies to innovate on mobile payment options.
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