New York, NY -- (SBWIRE) -- 05/20/2019 -- The latest research report on Smart Ticketing Market
The smart ticketing market is expected to grow at a CAGR of 12.1% and reach a value of USD 25.90 billion by the end of the forecast period (–2026).
Global Smart Ticketing Market Report (Industry Analysis, Applications, Growth, Trends) and Future Forecast (2016-2026) is the latest report published by Straits Research which is committed to delivering details of the Smart Ticketing industry.
Straits Research offers a high level of accuracy, an in-depth valuation, and systematic research methodology to the reader that helped to collect the info from direct as well as indirect sources. Forecasting patterns were considered across the various regions where the Smart Ticketing industry is growing steadily. The report has taken a deep dive into the market and has extracted the data from secondary and primary sources.
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Smart ticketing is a system where tickets are electronically stored on a microchip, commonly contained in a plastic smartcard. Tickets are checked by presenting the smartcard to a smart reader, thereby allowing passengers to load tickets or credit in advance of travel, speeding up boarding times and reducing queuing. Smart tickets are primarily of two types, namely barcode tickets and smartcard tickets.
Some of the key players identified in the market include HID Global Corporation (U.S.), Gemalto NV (Netherlands), NXP Semiconductors (U.S.), CPI Card Group (U.S.) Cubic (U.S.), Xerox (U.S.), Giesecke & Devrient (Germany), Infineon Technologies AG (Germany), Inside Secure (France), and Oberthur Technologies (France).
The Smart Ticketing Market is segmented into different sections such as by type, by application, by end users, and by regions. The report about the Smart Ticketing industry covered the markets by analyzing the top players participating in the market. To make this report an exceptional one, several parameters are models are used which include SWOT analysis, Porters five force model, and pestle analysis.
Development in technology and innovations have created an educated workforce which ultimately witnessed in increasing per capita income and this particular factor has positively impacted on the growth of the Smart Ticketing market since the past few years.
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By Product, Ticket Machine, E-Ticket, E-Kiosk, Others,
By Component, Software, Hardware,
By System, Smart Card, Open Payment System, Near-Field Communication,
By Application, Railways and Metros, Sports and Entertainments, Airlines, Buses, Others
The competitive landscape:
The competitive landscape of the Smart Ticketing market is a highly crucial section of the report that creates a firm portrait of the market's key players and their rivalries. A reader can evaluate their position in the market by using this scale of reference, while extensively planning their future movements to counter the movements of the other players in the same areas. This segment provides updated details on companies profiles, business strategies, financial statistics, growth rate and the future scenario for the key leading players in the market, along with the ones that indicate the most positive growth rates.
Why purchase this report?
Historical inferences, findings & analysis of the Smart Ticketing market from 2016 to 2018
Projections and performance forecast analysis for the future from 2019 to 2026
Production and consumption point of view (POV) analysis
Smart Ticketing Market drivers, restraint and opportunity analysis, to define Smart Ticketing market dynamics covering industry, regulatory, innovation, technological & pricing trends
Comprehensive competitive landscape mapping with recent development covering market leadership, competency, sustainability, and prospects
In the end, this report discusses the key drivers influencing the market growth, opportunities, challenges and the risks faced by key players and the Smart Ticketing market as a whole. Additionally, It analyzes the emerging trends and their impact on present and future market statistics and development.
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