Transit Ticketing Market
Transit Ticketing Market: Introduction
While lightweight and high-speed ticketing alternatives are already in use in the private transport sector (e.g. palm-scan fast-track lanes at airports), they have similar benefits for public transit as well through the transit ticketing systems. Transit ticketing is key and core business for any operator or transit authority to be able to collect fare for the travels.
Ticketing is a pain point across the people who travel daily or frequently. The purchasing process has been stressful and issues of affordability has been prevalent for the lower-income riders. The presence of high speed systems like smart cards and use of smart phones in the transit ticketing has taken this market to new high. The people now want to buy these prepaid or easy-to-use options because of the simple process and most importantly for saving time and energy rather than standing in queues. The transit ticketing solutions are seeing more developments in the system category like for palm-scan fast-track lanes at airports, and such other devices are slowly being commercialized in the transit ticketing market.
Transit Ticketing Market: Drivers and Challenges
One of the drivers for the transit ticketing market is the affordable and easy access to transit ticketing systems. This has made great impact on transit ticketing market and has been a critical driver the market. Also, the introduction and success of smart device culture has also been driver for the transit ticketing market as there is a good adoption rate of smart technologies globally which has increased the implementation of smart ticketing in the transit ticketing market.
The factor which has been the major restraint for the transit ticketing market is the increasing capital and operating costs, and unnecessary system complexity. Also, the other restraint include the need of new methods of payments to reduce operating costs and attract new riders. One other restraint for the market include the need for future-proof systems that supports legacy, interoperability and upgradeable security which is by now not present for the transit ticketing market.
Transit Ticketing Market: Segmentation
The Transit Ticketing market can be segmented on the basis of product, system, application, and region.
On the basis of component, the transit ticketing market can be segmented into:
Ticket Machine
E-Ticket
E-Kiosk
E-Toll
These are the major products of transit ticketing in which the tickets are available for traveling.
On the basis of system, the transit ticketing market can be segmented into:
Smart Card
Smart Phone
On the basis of application, the transit ticketing market can be segmented into:
Railways & Metros
Buses
Personal Vehicles
Airlines
Ships
Transit Ticketing Market: Market Participants
Examples of some of the market participants in the global transit ticketing market identified across the value chain include Rambus Incorporated, Infineon Technologies AG, AEP Ticketing Solutions, Accenture Plc, Gemalto NV, NXP Semiconductors, HID, CPI Card Group Inc., Cubic Corp., Xerox Corp., and others of transit ticketing market.
Transit Ticketing Market: Regional Overview
On the basis of geography, the global transit ticketing market can be segmented into North America, Latin America, Europe, CIS & Russia, Asia Pacific excluding Japan, Japan, and the Middle East & Africa. Among all these regions, North America is expected to hold a major market share of the global transit ticketing market during the forecast period, due to the early adoption of the transit ticketing in applications like rail transport and others, and also due to the increased number of established players in the region in the transit ticketing market. Asia Pacific excluding Japan transit ticketing market is expected to be fastest-growing during the forecast period, due to increased technology spending in countries such as India and Greater China for transit ticketing systems, and the booming demand for cost-effective transit ticketing products in the region. Also, the opportunity in the Asia pacific excluding japan transit ticketing market is higher due to the high penetration of public transport in the countries like India and Singapore.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, product, system, and application.
The report covers exhaustive analysis on,
Market Segments
Market Dynamics
Historical Actual Market Size, 2013–2017
Market Size & Forecast, 2018 to 2028
Supply & Demand Value Chain
Current Trends/Issues/Challenges
Competition & Companies Involved
Market Value Chain
Market Drivers and Restraints
Regional analysis includes,
North America
U.S.
Canada
Latin America
Brazil
Mexico
Argentina
Chile
Peru
Rest of LatAm
Europe
EU – 4 (Germany, France, Italy, Spain)
U.K.
BENELUX (Belgium, Netherlands, Luxemburg)
NORDIC (Norway, Denmark, Iceland, Sweden)
Eastern Europe (Poland, Ukraine, Czech Rep., etc.)
Rest of Europe
CIS & Russia
Japan
APEJ
Greater China
India
S.Korea
ASEAN Countries
Rest of APEJ
Middle East & Africa
GCC Countries
Turkey
Iran
Israel
South Africa
Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current, and projected market size in terms of value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights."
- 1. Executive Summary
- 1.1. Global Market Outlook
- 1.2. Demand-side Trends
- 1.3. Supply-side Trends
- 1.4. Technology Roadmap Analysis
- 1.5. Analysis and Recommendations
- 2. Market Overview
- 2.1. Market Coverage / Taxonomy
- 2.2. Market Definition / Scope / Limitations
- 3. Market Background
- 3.1. Market Dynamics
- 3.1.1. Drivers
- 3.1.2. Restraints
- 3.1.3. Opportunity
- 3.1.4. Trends
- 3.2. Scenario Forecast
- 3.2.1. Demand in Optimistic Scenario
- 3.2.2. Demand in Likely Scenario
- 3.2.3. Demand in Conservative Scenario
- 3.3. Opportunity Map Analysis
- 3.4. Investment Feasibility Matrix
- 3.5. Value Chain Analysis
- 3.5.1. Profit Margin Analysis
- 3.5.2. Service Providers
- 3.6. PESTLE and Porter’s Analysis
- 3.7. Regulatory Landscape
- 3.7.1. By Key Regions
- 3.7.2. By Key Countries
- 3.8. Regional Parent Market Outlook
- 4. Global Transit Ticketing Market Analysis 2017-2021 and Forecast, 2022-2032
- 4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021
- 4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032
- 4.2.1. Y-o-Y Growth Trend Analysis
- 4.2.2. Absolute $ Opportunity Analysis
- 5. Global Transit Ticketing Market Analysis 2017-2021 and Forecast 2022-2032, By Component
- 5.1. Introduction / Key Findings
- 5.2. Historical Market Size Value (US$ Mn) Analysis By Component, 2017-2021
- 5.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Component, 2022-2032
- 5.3.1. Ticket Machine
- 5.3.2. E-Ticket
- 5.3.3. E-Kiosk
- 5.3.4. E-Toll
- 5.4. Y-o-Y Growth Trend Analysis By Component, 2017-2021
- 5.5. Absolute $ Opportunity Analysis By Component, 2022-2032
- 6. Global Transit Ticketing Market Analysis 2017-2021 and Forecast 2022-2032, By System
- 6.1. Introduction / Key Findings
- 6.2. Historical Market Size Value (US$ Mn) Analysis By System, 2017-2021
- 6.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By System, 2022-2032
- 6.3.1. Smart Card
- 6.3.2. Smart Phone
- 6.4. Y-o-Y Growth Trend Analysis By System, 2017-2021
- 6.5. Absolute $ Opportunity Analysis By System, 2022-2032
- 7. Global Transit Ticketing Market Analysis 2017-2021 and Forecast 2022-2032, By Application
- 7.1. Introduction / Key Findings
- 7.2. Historical Market Size Value (US$ Mn) Analysis By Application, 2017-2021
- 7.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Application, 2022-2032
- 7.3.1. Railways & Metros
- 7.3.2. Buses
- 7.3.3. Personal Vehicles
- 7.3.4. Airlines
- 7.3.5. Ships
- 7.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021
- 7.5. Absolute $ Opportunity Analysis By Application, 2022-2032
- 8. Global Transit Ticketing Market Analysis 2017-2021 and Forecast 2022-2032, By Region
- 8.1. Introduction
- 8.2. Historical Market Size Value (US$ Mn) Analysis By Region, 2017-2021
- 8.3. Current Market Size Value (US$ Mn) Analysis and Forecast By Region, 2022-2032
- 8.3.1. North America
- 8.3.2. Latin America
- 8.3.3. Europe
- 8.3.4. East Asia
- 8.3.5. South Asia & Pacific
- 8.3.6. MEA
- 8.4. Market Attractiveness Analysis By Region
- 9. North America Transit Ticketing Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 9.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 9.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 9.2.1. By Country
- 9.2.1.1. U.S.
- 9.2.1.2. Canada
- 9.2.2. By Component
- 9.2.3. By System
- 9.2.4. By Application
- 9.3. Market Attractiveness Analysis
- 9.3.1. By Country
- 9.3.2. By Component
- 9.3.3. By System
- 9.3.4. By Application
- 9.4. Key Takeaways
- 10. Latin America Transit Ticketing Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 10.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 10.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 10.2.1. By Country
- 10.2.1.1. Mexico
- 10.2.1.2. Brazil
- 10.2.1.3. Rest of Latin America
- 10.2.2. By Component
- 10.2.3. By System
- 10.2.4. By Application
- 10.3. Market Attractiveness Analysis
- 10.3.1. By Country
- 10.3.2. By Component
- 10.3.3. By System
- 10.3.4. By Application
- 10.4. Key Takeaways
- 11. Europe Transit Ticketing Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 11.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 11.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 11.2.1. By Country
- 11.2.1.1. Germany
- 11.2.1.2. Italy
- 11.2.1.3. France
- 11.2.1.4. U.K.
- 11.2.1.5. Spain
- 11.2.1.6. BENELUX
- 11.2.1.7. Russia
- 11.2.1.8. Rest of Europe
- 11.2.2. By Component
- 11.2.3. By System
- 11.2.4. By Application
- 11.3. Market Attractiveness Analysis
- 11.3.1. By Country
- 11.3.2. By Component
- 11.3.3. By System
- 11.3.4. By Application
- 11.4. Key Takeaways
- 12. East Asia Transit Ticketing Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 12.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 12.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 12.2.1. By Country
- 12.2.1.1. China
- 12.2.1.2. Japan
- 12.2.1.3. South Korea
- 12.2.2. By Component
- 12.2.3. By System
- 12.2.4. By Application
- 12.3. Market Attractiveness Analysis
- 12.3.1. By Country
- 12.3.2. By Component
- 12.3.3. By System
- 12.3.4. By Application
- 12.4. Key Takeaways
- 13. South Asia & Pacific Transit Ticketing Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 13.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 13.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 13.2.1. By Country
- 13.2.1.1. India
- 13.2.1.2. ASEAN
- 13.2.1.3. Australia and New Zealand
- 13.2.1.4. Rest of South Asia & Pacific
- 13.2.2. By Component
- 13.2.3. By System
- 13.2.4. By Application
- 13.3. Market Attractiveness Analysis
- 13.3.1. By Country
- 13.3.2. By Component
- 13.3.3. By System
- 13.3.4. By Application
- 13.4. Key Takeaways
- 14. MEA Transit Ticketing Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 14.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 14.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 14.2.1. By Country
- 14.2.1.1. GCC Countries
- 14.2.1.2. Turkey
- 14.2.1.3. South Africa
- 14.2.1.4. Rest of MEA
- 14.2.2. By Component
- 14.2.3. By System
- 14.2.4. By Application
- 14.3. Market Attractiveness Analysis
- 14.3.1. By Country
- 14.3.2. By Component
- 14.3.3. By System
- 14.3.4. By Application
- 14.4. Key Takeaways
- 15. Key Countries Transit Ticketing Market Analysis
- 15.1. U.S.
- 15.1.1. Pricing Analysis
- 15.1.2. Market Share Analysis, 2021
- 15.1.2.1. By Component
- 15.1.2.2. By System
- 15.1.2.3. By Application
- 15.2. Canada
- 15.2.1. Pricing Analysis
- 15.2.2. Market Share Analysis, 2021
- 15.2.2.1. By Component
- 15.2.2.2. By System
- 15.2.2.3. By Application
- 15.3. Mexico
- 15.3.1. Pricing Analysis
- 15.3.2. Market Share Analysis, 2021
- 15.3.2.1. By Component
- 15.3.2.2. By System
- 15.3.2.3. By Application
- 15.4. Brazil
- 15.4.1. Pricing Analysis
- 15.4.2. Market Share Analysis, 2021
- 15.4.2.1. By Component
- 15.4.2.2. By System
- 15.4.2.3. By Application
- 15.5. Germany
- 15.5.1. Pricing Analysis
- 15.5.2. Market Share Analysis, 2021
- 15.5.2.1. By Component
- 15.5.2.2. By System
- 15.5.2.3. By Application
- 15.6. Italy
- 15.6.1. Pricing Analysis
- 15.6.2. Market Share Analysis, 2021
- 15.6.2.1. By Component
- 15.6.2.2. By System
- 15.6.2.3. By Application
- 15.7. France
- 15.7.1. Pricing Analysis
- 15.7.2. Market Share Analysis, 2021
- 15.7.2.1. By Component
- 15.7.2.2. By System
- 15.7.2.3. By Application
- 15.8. U.K.
- 15.8.1. Pricing Analysis
- 15.8.2. Market Share Analysis, 2021
- 15.8.2.1. By Component
- 15.8.2.2. By System
- 15.8.2.3. By Application
- 15.9. Spain
- 15.9.1. Pricing Analysis
- 15.9.2. Market Share Analysis, 2021
- 15.9.2.1. By Component
- 15.9.2.2. By System
- 15.9.2.3. By Application
- 15.10. BENELUX
- 15.10.1. Pricing Analysis
- 15.10.2. Market Share Analysis, 2021
- 15.10.2.1. By Component
- 15.10.2.2. By System
- 15.10.2.3. By Application
- 15.11. Russia
- 15.11.1. Pricing Analysis
- 15.11.2. Market Share Analysis, 2021
- 15.11.2.1. By Component
- 15.11.2.2. By System
- 15.11.2.3. By Application
- 15.12. China
- 15.12.1. Pricing Analysis
- 15.12.2. Market Share Analysis, 2021
- 15.12.2.1. By Component
- 15.12.2.2. By System
- 15.12.2.3. By Application
- 15.13. Japan
- 15.13.1. Pricing Analysis
- 15.13.2. Market Share Analysis, 2021
- 15.13.2.1. By Component
- 15.13.2.2. By System
- 15.13.2.3. By Application
- 15.14. South Korea
- 15.14.1. Pricing Analysis
- 15.14.2. Market Share Analysis, 2021
- 15.14.2.1. By Component
- 15.14.2.2. By System
- 15.14.2.3. By Application
- 15.15. India
- 15.15.1. Pricing Analysis
- 15.15.2. Market Share Analysis, 2021
- 15.15.2.1. By Component
- 15.15.2.2. By System
- 15.15.2.3. By Application
- 15.16. ASEAN
- 15.16.1. Pricing Analysis
- 15.16.2. Market Share Analysis, 2021
- 15.16.2.1. By Component
- 15.16.2.2. By System
- 15.16.2.3. By Application
- 15.17. Australia and New Zealand
- 15.17.1. Pricing Analysis
- 15.17.2. Market Share Analysis, 2021
- 15.17.2.1. By Component
- 15.17.2.2. By System
- 15.17.2.3. By Application
- 15.18. GCC Countries
- 15.18.1. Pricing Analysis
- 15.18.2. Market Share Analysis, 2021
- 15.18.2.1. By Component
- 15.18.2.2. By System
- 15.18.2.3. By Application
- 15.19. Turkey
- 15.19.1. Pricing Analysis
- 15.19.2. Market Share Analysis, 2021
- 15.19.2.1. By Component
- 15.19.2.2. By System
- 15.19.2.3. By Application
- 15.20. South Africa
- 15.20.1. Pricing Analysis
- 15.20.2. Market Share Analysis, 2021
- 15.20.2.1. By Component
- 15.20.2.2. By System
- 15.20.2.3. By Application
- 16. Market Structure Analysis
- 16.1. Competition Dashboard
- 16.2. Competition Benchmarking
- 16.3. Market Share Analysis of Top Players
- 16.3.1. By Regional
- 16.3.2. By Component
- 16.3.3. By System
- 16.3.4. By Application
- 17. Competition Analysis
- 17.1. Competition Deep Dive
- 17.1.1. Rambus Incorporated
- 17.1.1.1. Overview
- 17.1.1.2. Product Portfolio
- 17.1.1.3. Profitability by Market Segments
- 17.1.1.4. Sales Footprint
- 17.1.1.5. Strategy Overview
- 17.1.1.5.1. Marketing Strategy
- 17.1.1.5.2. Product Strategy
- 17.1.1.5.3. Channel Strategy
- 17.1.2. Infineon Technologies AG
- 17.1.2.1. Overview
- 17.1.2.2. Product Portfolio
- 17.1.2.3. Profitability by Market Segments
- 17.1.2.4. Sales Footprint
- 17.1.2.5. Strategy Overview
- 17.1.2.5.1. Marketing Strategy
- 17.1.2.5.2. Product Strategy
- 17.1.2.5.3. Channel Strategy
- 17.1.3. AEP Ticketing Solutions
- 17.1.3.1. Overview
- 17.1.3.2. Product Portfolio
- 17.1.3.3. Profitability by Market Segments
- 17.1.3.4. Sales Footprint
- 17.1.3.5. Strategy Overview
- 17.1.3.5.1. Marketing Strategy
- 17.1.3.5.2. Product Strategy
- 17.1.3.5.3. Channel Strategy
- 17.1.4. Accenture Plc
- 17.1.4.1. Overview
- 17.1.4.2. Product Portfolio
- 17.1.4.3. Profitability by Market Segments
- 17.1.4.4. Sales Footprint
- 17.1.4.5. Strategy Overview
- 17.1.4.5.1. Marketing Strategy
- 17.1.4.5.2. Product Strategy
- 17.1.4.5.3. Channel Strategy
- 17.1.5. Thales Group
- 17.1.5.1. Overview
- 17.1.5.2. Product Portfolio
- 17.1.5.3. Profitability by Market Segments
- 17.1.5.4. Sales Footprint
- 17.1.5.5. Strategy Overview
- 17.1.5.5.1. Marketing Strategy
- 17.1.5.5.2. Product Strategy
- 17.1.5.5.3. Channel Strategy
- 17.1.6. NXP Semiconductors
- 17.1.6.1. Overview
- 17.1.6.2. Product Portfolio
- 17.1.6.3. Profitability by Market Segments
- 17.1.6.4. Sales Footprint
- 17.1.6.5. Strategy Overview
- 17.1.6.5.1. Marketing Strategy
- 17.1.6.5.2. Product Strategy
- 17.1.6.5.3. Channel Strategy
- 17.1.7. HID
- 17.1.7.1. Overview
- 17.1.7.2. Product Portfolio
- 17.1.7.3. Profitability by Market Segments
- 17.1.7.4. Sales Footprint
- 17.1.7.5. Strategy Overview
- 17.1.7.5.1. Marketing Strategy
- 17.1.7.5.2. Product Strategy
- 17.1.7.5.3. Channel Strategy
- 17.1.8. CPI Card Group Inc.
- 17.1.8.1. Overview
- 17.1.8.2. Product Portfolio
- 17.1.8.3. Profitability by Market Segments
- 17.1.8.4. Sales Footprint
- 17.1.8.5. Strategy Overview
- 17.1.8.5.1. Marketing Strategy
- 17.1.8.5.2. Product Strategy
- 17.1.8.5.3. Channel Strategy
- 17.1.9. Cubic Corp.
- 17.1.9.1. Overview
- 17.1.9.2. Product Portfolio
- 17.1.9.3. Profitability by Market Segments
- 17.1.9.4. Sales Footprint
- 17.1.9.5. Strategy Overview
- 17.1.9.5.1. Marketing Strategy
- 17.1.9.5.2. Product Strategy
- 17.1.9.5.3. Channel Strategy
- 17.1.10. Xerox Corp
- 17.1.10.1. Overview
- 17.1.10.2. Product Portfolio
- 17.1.10.3. Profitability by Market Segments
- 17.1.10.4. Sales Footprint
- 17.1.10.5. Strategy Overview
- 17.1.10.5.1. Marketing Strategy
- 17.1.10.5.2. Product Strategy
- 17.1.10.5.3. Channel Strategy
- 18. Assumptions & Acronyms Used
- 19. Research Methodology
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