Automated Fare Collection Market [By Component (Hardware, Software, Services); By Technology (Near F

Automated Fare Collection Market Set to Reach USD 13,594 million by 2026 | CAGR 10.9%

“Automated Fare Collection Market [By Component (Hardware, Software, Services); By Technology (Near Field Communication (NFC), Smart Cards, Magnetic Strips, Optical Character Recognition (OCR), Others); By End-User (Public Transport Authorities, Private Transport Authorities, Others); By Regions]: Market size & Forecast, 2017 – 2026”

Automated Fare Collection Market Estimate & Forecast to 2026 According to a new report by Polaris Market Research, the global Automated Fare Collection Market is estimated to reach USD 13,594 million registering a CAGR of 10.9% over the forecast period (2017 to 2026). The report covers comprehensive research and analysis of Automated Fare Collection Market in terms of growth factors, restraints, trends, challenges, and potential opportunities. Existing market participants and new entrants can use the detailed analysis of market dynamics to devise key growth strategies and gain a competitive edge in the Automated Fare Collection Market. Growing demand from end-use industry applications and rising investments by public-private organizations in developed & developing countries is anticipated to drive substantial growth for the Automated Fare Collection Market. Leading participants are appealed by rising consumer demand and high-profit margins in Automated Fare Collection Market, focusing on untapped markets. With the help of this latest report, participants from the Automated Fare Collection Market will be able to make key business decisions and also create their strategies accordingly to stay ahead of competitors. The report covers accurate data and reliable statistics along with key recommendations to help players understand the overall present and future scenario for the Automated Fare Collection Market. . Copyright ÂŠ Polaris Market Research & Consulting LLP 2020. All Rights Reserved

2

Automated Fare Collection Market Scope

By Component 

Hardware



Software



Services

By Technology 

By End-Use Type

By Region

Near-Field Communication



Public Transport Authority



North America

(NFC)



Private Transport Authority



Europe



Smart Cards



Others



Asia Pacific



Magnetic Strips



Latin America Middle East &



Optical Character

Africa

Recognition (OCR) 

Others

3

Automated Fare Collection Market Estimate & Forecast to 2026 The report covers the segmentation of the Automated Fare Collection Market based on component, technology, end user, and geography, and region. In-depth analysis of each segment and sub-segment including key market trends, prevailing patterns, restraining factors, and potential opportunities featured in the report. The research report on Automated Fare Collection Market forecasts revenue growth at country, regional, and global levels. The report also gives comprehensive information on the outlook of the market in different regions and provides projections on the expected growth rate during the forecast period. The report sheds light on the competitive scenario of the Automated Fare Collection Market to get insight on the competition at domestic as well as global levels. The key market players started investing more in research and development activities to bring innovations to their product offerings. Leading manufacturers and vendors are taking strategic moves such as acquisitions, collaborations, partnerships, mergers, and regional expansions to gain a competitive edge in the Automated Fare Collection Market industry. Leading players operating in the Automated Fare Collection Market include Thales Group, Longbow Technologies S/B, Cubic Corporation, Advanced Card Systems Holdings Limited, Atos SE, Indra Sistemas SA, UL Transaction Security, Siemens AG, Samsung SDS Co. Ltd., GMV Innovating Solutions, Masabi Ltd., and Omron Corporation among others. Browse Complete Report Copyright ÂŠ Polaris Market Research & Consulting LLP 2020. All Rights Reserved

4

Automated Fare Collection Market Size

5

Automated Fare Collection Market Study – Engagement Options Buy Now – Click Here!  Buy now & have immediate access to premium insights

Purchase Report Sections – Click Here!  Regional analysis  Segmentation analysis  Industry outlook  Competitive landscape

Speak To Analyst – Click Here!  Get your doubts clear  Schedule a call with our analyst before making any decision

Request For Sample Pages – Click Here!  Get free sample pages  Understand report structure  Unmask data for validation

6

About Us Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com

7

Thank You! Contact Us : Polaris Market Research 30 Wall Street 8th Floor,Â New York City, NY 10005, United States E mail Id: sales@polarismarketresearch.com Phone: +1-917-985-9017

Turn static files into dynamic content formats.

Create a flipbook