Automated Fare Collection Market Market USD 13,594 million by 2026 | CAGR: 10.9%
Automated Fare Collection Market Size Worth USD 13,594 million by 2026
“According to Polaris Market Research report, Automated Fare Collection market is witnessing major innovations & transformations and is anticipated to reach USD 13,594 million by 2026, registering a CAGR of 10.9% during the forecast period 2017 to 2026. The global Automated Fare Collection market report sheds light on the key dynamics of the global market, analyzing the data on a historical basis and forecasted data till the year 2026 The market analysis covered in the report includes data in terms of value $13,594 million. The market overview section of the report covers the global industry overview, microeconomic and macroeconomic outlook, and forecasted factors. The market dynamics section of this report includes major drivers, restraints, trends, and opportunities emerging in the market.
Automated Fare Collection Market Report Scope: The global Automated Fare Collection market is segmented based on component, technology, end user, and geography. The motive of the research report is to define market dynamics of different countries & segments in the recent time and to forecast the values for the coming years. The report is specifically designed to incorporate quantitative and qualitative aspects of the market within each country and region involved in the study. The report caters the extensive information regarding the driving factors & hurdles that will define the future outlook for the market. Additionally, the report also incorporates prevailing and emerging opportunities for stakeholders to invest along with the in-depth detailed analysis of product/services offerings of prominent players shaping the overall development of the market.
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Automated Fare Collection Market Size Worth USD 13,594 million by 2026
By Technology
By Component •
Hardware
•
Software
•
Services
•
By End-User
Public
•
North America (U.S., Canada)
Communication
Transport
•
Europe (France, Germany, UK, Italy,
(NFC)
Authority
Near-Field
•
•
Smart Cards
•
Magnetic Strips
Transport
•
Optical Character
Authority
Recognition (OCR) •
By Region Type
•
•
Private
Spain, Netherlands, Austria) •
Malaysia, Indonesia, South Korea) •
Others
Others
Asia Pacific (Japan, China, India,
Latin America (Brazil, Mexico, Argentina)
•
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
COVID-19 Impact Analysis for Automated Fare Collection Market COVID-19 is an ongoing public health emergency that has impacted almost all industries globally, and its longterm effects are expected to influence the target industry growth over the forecast period. Our ongoing research features the COVID-19 impact analysis section as a key part of the report to uncover the major issues and potential paths forward. In this report, the insights provided in terms of changes in consumer behavior and purchasing patterns, dynamics of current market forces, re-routing of the supply chain, and the interventions of governments. The latest study incorporates analysis, estimations, insights, and forecasts, considering the COVID-19 impact on the market. Gain access to our latest research report that includes in-depth analysis of the COVID-19 pandemic impacting the the Automated Fare Collection market in different regions and how leading players are forming strategies to mitigate the adverse effect of the pandemic and take benefit of emerging opportunities : Browse Detailed Research Report On Automated Fare Collection Market Analysis: https://www.polarismarketresearch.com/industry-analysis/automated-fare-collection-market Regional Outlook Among regional markets, the region emerged as the promising regional market with its higher revenue share contribution. The growth in this regional market is primarily attributed to the ongoing technological -3-
Automated Fare Collection Market Size Worth USD 13,594 million by 2026
advancements in the industry, increasing economic stability, huge government investments, and growing awareness related to the benefits of the product/service. Competitive Landscape The report offers a complete industry analysis while featuring the competitive landscape that includes company financials, product portfolios, major breakthroughs, and upcoming projects. The report includes a detailed view of the global market, along with changing scenarios, trends, regional segmentation, regional landscape, major investments, and details of historical, present, and projected revenues. According to Polaris Market Research, the key players with a noteworthy dominance 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. Request for sample: https://www.polarismarketresearch.com/industry-analysis/automated-farecollection-market/request-for-sample
Table of Contents 1. Overview and Scope 1.1. Research goal & scope 1.2. Research assumptions 1.3. Research Methodology 1.3.1.Primary data sources 1.3.2.Secondary data sources 1.4. Key take-away 1.5. Stakeholders 2. Executive Summary 2.1. Market Definition 2.2. Market Segmentation 3. Automated Fare Collection Market Insights 3.1. Automated Fare Collection – Industry snapshot 3.2. Automated Fare Collection - Ecosystem analysis 3.3. Automated Fare Collection Market Dynamics 3.3.1.Automated Fare Collection – Market Forces 3.3.1.1. Automated Fare Collection Market Driver Analysis 3.3.1.2. Automated Fare Collection Market Restraint/Challenges analysis 3.3.1.3. Automated Fare Collection Market Opportunity Analysis 3.3.2.Industry analysis - Porter's five force 3.3.2.1. Bargaining power of supplier 3.3.2.2. Bargaining power of buyer 3.3.2.3. Threat of substitute 3.3.2.4. Threat of new entrant 3.3.2.5. Degree of competition 3.3.3.Automated Fare Collection Market PEST Analysis, 2017 -4-
Automated Fare Collection Market Size Worth USD 13,594 million by 2026
3.3.4.Automated Fare Collection Market Value Chain Analysis 3.3.5.Automated Fare Collection Industry Trends 3.3.6.Competitive Ranking Analysis 4. Automated Fare Collection Market Size and Forecast, 2017-2026 by Component 4.1. Key Findings 4.2. Hardware 4.3. Software 4.4. Services 4.4.1.System Integration 4.4.2.Consulting 4.4.3.Managed Services 4.4.4.Training, Support & Maintenance 4.5. Automated Fare Collection Market Size and Forecast, 2017-2026 by Technology 4.5.1.Key Findings 4.5.2.Near-Field Communication (NFC) 4.5.3.Smart Cards 4.5.4.Magnetic Strips 4.5.5.Optical Character Recognition (OCR) 4.5.6.Others 4.6. Automated Fare Collection Market Size and Forecast, 2017-2026 by End-User 4.6.1.Key Findings 4.6.2.Public Transport Authority 4.6.3.Private Transport Authority 4.6.4.Others 4.7. Automated Fare Collection Market Size and Forecast, 2017-2026 by Region 4.7.1.Key Findings 4.7.2.North America 4.7.2.1. U.S. 4.7.2.2. Canada 4.7.2.3. Mexico 4.7.3.Europe 4.7.3.1. Germany 4.7.3.2. UK 4.7.3.3. France 4.7.3.4. Italy 4.7.3.5. Rest of Europe 4.7.4.Asia-Pacific 4.7.4.1. China 4.7.4.2. India 4.7.4.3. Japan 4.7.4.4. Rest of Asia-Pacific 4.7.5.Latin America 4.7.5.1. Brazil 4.7.6.Middle East & Africa 4.8. Company Profiles 4.8.1.Thales Group 4.8.1.1. Overview 4.8.1.2. Financials 4.8.1.3. Product Benchmarking 4.8.1.4. Recent Developments 4.8.2.Longbow Technologies S/B -5-
Automated Fare Collection Market Size Worth USD 13,594 million by 2026
4.8.2.1. Overview 4.8.2.2. Financials 4.8.2.3. Product Benchmarking 4.8.2.4. Recent Developments 4.8.3.Cubic Corporation 4.8.3.1. Overview 4.8.3.2. Financials 4.8.3.3. Product Benchmarking 4.8.3.4. Recent Developments 4.8.4.Advanced Card Systems Holdings Limited 4.8.4.1. Overview 4.8.4.2. Financials 4.8.4.3. Product Benchmarking 4.8.4.4. Recent Developments 4.8.5.Atos SE 4.8.5.1. Overview 4.8.5.2. Financials 4.8.5.3. Product Benchmarking 4.8.5.4. Recent Developments 4.8.6.Indra Sistemas SA 4.8.6.1. Overview 4.8.6.2. Financials 4.8.6.3. Product Benchmarking 4.8.6.4. Recent Developments 4.8.7.UL Transaction Security 4.8.7.1. Overview 4.8.7.2. Financials 4.8.7.3. Product Benchmarking 4.8.7.4. Recent Developments 4.8.8.Siemens AG 4.8.8.1. Overview 4.8.8.2. Financials 4.8.8.3. Product Benchmarking 4.8.8.4. Recent Developments 4.8.9.Samsung SDS Co. Ltd. 4.8.9.1. Overview 4.8.9.2. Financials 4.8.9.3. Product Benchmarking 4.8.9.4. Recent Developments 4.8.10. GMV Innovating Solutions 4.8.10.1. Overview 4.8.10.2. Financials 4.8.10.3. Product Benchmarking 4.8.10.4. Recent Developments 4.8.11. Masabi Ltd. 4.8.11.1. Overview 4.8.11.2. Financials 4.8.11.3. Product Benchmarking 4.8.11.4. Recent Developments 4.8.12. Omron Corporation 4.8.12.1. Overview -6-
Automated Fare Collection Market Size Worth USD 13,594 million by 2026
4.8.12.2. 4.8.12.3. 4.8.12.4.
Financials Product Benchmarking Recent Developments
Access Press Release on Automated Fare Collection Market: https://www.polarismarketresearch.com/press-releases/global-automated-fare-collection-market About Polaris Market Research 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 the 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.
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