Global Mobile Ticketing Market In The Transportation Sector Market 2024-2028
The mobile ticketing market in the transportation sector market is forecasted to grow by USD 2059.81 mn during 2023-2028, accelerating at a CAGR of 19.7% during the forecast period. The report on the mobile ticketing market in the transportation sector market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by shift from smart cards to mobile ticketing, availability of multimodal ticketing platforms, and digitization of transportation sector.
Technavio's mobile ticketing market in the transportation sector market is segmented as below:
By Type
- Mobile ticketing application
- SMS mobile ticketing
By Technology
- NFCs
- QR codes and barcodes
- Others
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the emergence of nfc-based payment technology as one of the prime reasons driving the mobile ticketing market in the transportation sector market growth during the next few years. Also, emergence of mobile wallets and increasing adoption of biometrics and wearable technology will lead to sizable demand in the market.
The report on the mobile ticketing market in the transportation sector market covers the following areas:
- Mobile ticketing market in the transportation sector market sizing
- Mobile ticketing market in the transportation sector market forecast
- Mobile ticketing market in the transportation sector market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mobile ticketing market in the transportation sector market vendors that include Modaxo Inc., Cammax Ltd, Corethree Ltd., eos.uptrade GmbH, Giesecke Devrient GmbH, GoEuro Corp., Indra Sistemas SA, Infineon Technologies AG, Margento BV, Masabi Ltd., Mobisoft Infotech, moovel North America LLC, Nortap Technology Inc., Rapidsoft Systems Inc., Scheidt and Bachmann GmbH, Siemens AG, Thales Group, TickPick LLC, Token Transit Inc., Zendesk Inc., and Conduent Inc.. Also, the mobile ticketing market in the transportation sector market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.