Post by mattjohnsonreal on Feb 24, 2021 9:34:58 GMT
The new report by Expert Market Research titled, ‘Global Smart Ticketing Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global smart ticketing market, assessing the market based on its segments like components, products, connectivity, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
Request a free sample copy in PDF or view the report summary@
www.expertmarketresearch.com/reports/smart-ticketing-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
Historical Market Size (2020): USD 14.3 Billion
Forecast CAGR (2021-2026): 13%
Forecast Market Size (2026): USD 29.8 Billion
The global smart ticketing market is being driven by the rapid demand from the travel and tourism industry and the proliferating use of smart cards to make payments while travelling. The technological advancements in the industry have further propelled the industry growth. In the sports and entertainment sector, the consumers are preferring hassle-free options to avoid long queues at events. Thus, the demand for smart ticketing solutions is increasing owing to their cost effectiveness and time saving feature. Over the forecast period, the implementation of smart ticketing in various public transportation companies and the rising number of cashless transactions are further slated to spur the market growth.
Industry Definition and Major Segments
Smart ticketing is a digital system that is used to book tickets electronically. It has replaced the traditional paper based ticketing system in the modern times. It is a digitalised process which stores data electronically on a microchip and offers contactless payment options to consumers.
Explore the full report with the table of contents@
www.expertmarketresearch.com/reports/smart-ticketing-market
Based on component, the market is bifurcated into:
Hardware
Software and Services
Based on product, the market is divided into:
Smart Cards
Reader
Wearable
Smart Parking System
Ticket Machine
Ticket Validators
Others
By connectivity, the industry comprises of:
NFC
Barcode
Wifi
Cellular Network
RFID
Others
Based on application, it is categorised into:
Transportation
Sports and Entertainment
Parking
Others
Latest Global News on Smart Ticketing Market@
www.expertmarketresearch.com/pressrelease/global-smart-ticketing-market
On the basis of regional markets, the industry is divided into:
1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others
Market Trends
The global smart ticketing market is expected to be driven by the rapid technological advancements and favourable government initiatives. For Instance, in India, the smart ticketing market is expected to grow significantly owing to the launch of Digital India programme by the government to promote cashless online payment methods. This is expected to significantly boost the market growth. It will be further aided by the advancements in technology such as the introduction and implementation of RFID, NFC, QR code, and barcode by various market players. The increasing acceptance of technology, particularly in developing nations, is projected to favour the industry growth over the forecast period.
Key Market Players
The major players in the market are Cubic Corporation, Confidex Oy, Rambus Group, Infineon Technologies AG, and HID Global Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Media Contact
Company Name: Expert Market Research
Contact Person: Steven Luke, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: www.expertmarketresearch.com
Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
Request a free sample copy in PDF or view the report summary@
www.expertmarketresearch.com/reports/smart-ticketing-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
Historical Market Size (2020): USD 14.3 Billion
Forecast CAGR (2021-2026): 13%
Forecast Market Size (2026): USD 29.8 Billion
The global smart ticketing market is being driven by the rapid demand from the travel and tourism industry and the proliferating use of smart cards to make payments while travelling. The technological advancements in the industry have further propelled the industry growth. In the sports and entertainment sector, the consumers are preferring hassle-free options to avoid long queues at events. Thus, the demand for smart ticketing solutions is increasing owing to their cost effectiveness and time saving feature. Over the forecast period, the implementation of smart ticketing in various public transportation companies and the rising number of cashless transactions are further slated to spur the market growth.
Industry Definition and Major Segments
Smart ticketing is a digital system that is used to book tickets electronically. It has replaced the traditional paper based ticketing system in the modern times. It is a digitalised process which stores data electronically on a microchip and offers contactless payment options to consumers.
Explore the full report with the table of contents@
www.expertmarketresearch.com/reports/smart-ticketing-market
Based on component, the market is bifurcated into:
Hardware
Software and Services
Based on product, the market is divided into:
Smart Cards
Reader
Wearable
Smart Parking System
Ticket Machine
Ticket Validators
Others
By connectivity, the industry comprises of:
NFC
Barcode
Wifi
Cellular Network
RFID
Others
Based on application, it is categorised into:
Transportation
Sports and Entertainment
Parking
Others
Latest Global News on Smart Ticketing Market@
www.expertmarketresearch.com/pressrelease/global-smart-ticketing-market
On the basis of regional markets, the industry is divided into:
1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others
Market Trends
The global smart ticketing market is expected to be driven by the rapid technological advancements and favourable government initiatives. For Instance, in India, the smart ticketing market is expected to grow significantly owing to the launch of Digital India programme by the government to promote cashless online payment methods. This is expected to significantly boost the market growth. It will be further aided by the advancements in technology such as the introduction and implementation of RFID, NFC, QR code, and barcode by various market players. The increasing acceptance of technology, particularly in developing nations, is projected to favour the industry growth over the forecast period.
Key Market Players
The major players in the market are Cubic Corporation, Confidex Oy, Rambus Group, Infineon Technologies AG, and HID Global Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Related Reports:
United States LED Lighting Market Report and Forecast 2021-2026 by Expert Market Research: bityl.co/5iVM
Global Tungsten Wire Market Report and Forecast 2021-2026 by Expert Market Research: bityl.co/5iVN
Global Ticket Machine Market Report and Forecast 2021-2026 by Expert Market Research: bityl.co/5iVO
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Global Insulated-Gate Bipolar Transistors (IGBT) Market Report and Forecast 2021-2026 by Expert Market Research: bityl.co/5iVZ
Global Zink Printing Market Report and Forecast 2021-2026 by Expert Market Research: bityl.co/5iVc
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Media Contact
Company Name: Expert Market Research
Contact Person: Steven Luke, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: www.expertmarketresearch.com