Learn about the global smart ticketing market through The Business Research Company, which provides information on smart ticketing market size, smart ticketing market drivers and restraints, smart ticketing market players, the COVID-19 impact on the smart ticketing market, and more.

The global smart ticketing market size is expected to grow from $11.6 billion in 2021 to $13.89 billion in 2022 at a compound annual growth rate (CAGR) of 19.7%. The global smart ticket market size is expected to grow to $25.07 billion in 2026 at a CAGR of 15.9%.

The revival of the travel and tourism industry will significantly contribute to the growth of the smart ticketing market.

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The smart ticketing market consists of sales of the smart ticketing by entities (organizations, sole traders, and partnerships) that refers to a ticketing system where travel tickets are electronically stored on smartphones or smartcards. Smart ticketing is a system that stores a travel ticket digitally on a microchip, which is then typically embedded on a smartcard. Passengers on public transportation could use a smartcard to seamlessly board and disembark from buses, trams, or trains without having to use cash or purchase a paper ticket. To authorize the travel details, the transport operator scans the contactless smartcard at a static or handheld ticket machine or barrier.

Global Smart Ticketing Market Segments Include:

By Product: Ticket Machine, E-Ticket, E-Kiosk, Request Tracker

By Component: Hardware, Software

By System: Open Payment System, Smart Card, Near-Field Communication

By Organisation Size: SMEs, Large Enterprises

By Application: Railways, Airways, Roadways, Sports and Entertainment

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe was the largest region in the smart ticketing market in 2021.

Technological advancements in smart ticketing systems are a key trend gaining popularity in the smart ticketing market. Major companies operating in the smart ticketing sector are focused on developing new technological solutions to strengthen their market position.

TBRC’s Smart Ticketing Market Report Covers:

Major Market Players: Cubic Corporation, Confidex Ltd., NXP Semiconductors, CPI Card Group, Infineon Technologies AG, Scheidt & Bachmann, HID Global Corporation, Giesecke+Devrient, Verimatrix, Hitachi Ltd., Xerox Holdings Corporation, Vix Technology, Atsuke, and Siemens Mobility GmbH.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Smart Ticketing Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides smart ticketing market overviews, analyzes and forecasts market size, share, smart ticketing market players, smart ticketing market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s smart ticketing market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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