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Smart Ticketing Market

Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Published Date: May 2024 | Format: | No. of Pages: 209

Industry: Information & Communications Technology | Author Name: Mohit

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FAQ : Smart Ticketing Market

Increasing urbanisation, and reliance on public transportation is a key driver of the global smart ticketing market. Governments and transportation authorities are investing in the development of robust public transport networks to encourage their use and reduce the number of private vehicles on the roads.

The global smart ticketing market is expected to be worth US$28.9 Bn by 2030 from US$8.4 Bn in 2022, registering a CAGR of 14.8% during the forecast period 2024-2030.

The transportation segment accounted for the largest market share of over 52% in 2022 and is expected to grow at a significant growth rate during the forecast period.

Services segment is expected to grow at the fastest rate over the forecast period.

Some of the smart ticketing market players are Infineon, Cubic, Hitachi, HID Global, Siemens, Conduent, Scheidt & Bachmann GmbH, Ticketer, Atsuke, Flowbird Group and Cammax.
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