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(I-SoftwareNews.Com, April 20, 2019 ) MARKET INTRODUCTION
Smart ticketing is a system that electronically stores a travel ticket on a microchip which is then embedded on a smartcard. A smartcard allows passengers of public transport to seamlessly hop on and off buses, trams or trains without using traditional payment systems like purchasing a paper ticket. It is a paper free solution and an easier way to maintain a travel ticket. Ticket machine is the oldest form of smart ticketing and supports in managing and maintaining flow of passengers during peak hours.
MARKET DYNAMICS
The smart ticketing market is anticipated to grow owing to driving factors such as advanced technologies in the smart ticketing systems, rising demand for smart ticketing from travel and tourism industry, affordable access to rapid transit through the help of smart transit systems, and increase in the intelligent transportation market. The increased number of cashless transactions is likely to augment the demand for smart ticketing in the next years.
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The "Global Smart Ticketing Market Analysis to 2027" is a specialized and in-depth study of the smart ticketing industry with a special focus on the global market trend analysis. The report aims to provide an overview of smart ticketing market with detailed market segmentation by component, product, system, application, and geography. The global smart ticketing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart ticketing market players and offers key trends and opportunities in the market.
The report also includes the profiles of key Smart ticketing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
Conduent Inc.
Cubic Corporation
Gemalto
HID Global
Indra Sistemas, S.A.
Infineon Technologies AG
Inside Secure
NXP Semiconductors
Rambus Inc.
Vix Technology
MARKET SEGMENTATION
The global smart ticketing market is segmented on the basis of component, product, system, and application. Based on component, the market is segmented as hardware & software. On the basis of the product, the market is segmented as ticket machine, E-ticket, E-kiosk, request tracker, and others. Further, based on system, the market is divided into open payment system, smart card, and near-field communication. Furthermore, on basis of application, market is segmented as transportation, sports & entertainment, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart ticketing market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Smart ticketing market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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The report analyzes factors affecting Smart ticketing market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the smart ticketing market in these regions.
About The Insight Partners
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare, Chemicals, Automotive, AnD, Consumer and Telecommunication industries.
The Insight Partners
Sameer Joshi
+1-646-491-9876
sam@theinsightpartners.com
Source: EmailWire.Com 
Source: EmailWire.com
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