Global Market Size of Automated Fare Collection Market – 10 Year Market Forecast
ICTAutomated Fare Collection Market Size Forecast 2022-2029
An automated fare collection system is a contactless, end-to-end solution that automates the ticketing system of a public transportation network. Magnetic stripes are the leading technology used in the market. Over the forecast period, North America is expected to be the fastest-growing segment in the automated fare collection market accounting for the majority of the market shares. The global automated fare collection market size is anticipated to grow from USD 18.14 billion in 2022 to USD 40.48 billion by 2029, registering a CAGR of 12.15%. The cumulative market size is estimated to be USD 239 billion.
Automated Fare Collection Market Size of United States
Automated Fare Collection Market Analysis of United Kingdom
Automated Fare Collection Market Trends of Germany
Automated Fare Collection Market Forecast of France
Automated Fare Collection Market Growth of Italy
Market Size of Automated Fare Collection in Poland
Market Analysis of Automated Fare Collection in Switzerland
Market Trends of Automated Fare Collection in Sweden
Market Forecast of Automated Fare Collection in Spain
Market Growth of Automated Fare Collection Netherland
Belgium Automated Fare Collection Market
Finland Automated Fare Collection Market
Japan Automated Fare Collection Market
South Korea Automated Fare Collection Market
China Automated Fare Collection Market
Automated Fare Collection Market Size of Russia
Automated Fare Collection Market Analysis of Malaysia
Automated Fare Collection Market Trends of Singapore
Automated Fare Collection Market Forecast of India
Automated Fare Collection Market Growth of Brazil
Market segments - Automated Fare Collection Market
By Technology
– Near Field Communication
– Magnetic Stripes
– Others
By Region
– North America
– Europe
– Middle East
– APAC
– ROW
By Service
– Consulting
– System Application
– Training, Support and Maintenance
– Managed Services
Frequently Asked Questions(FAQ)
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What is Global Market Database?
- The automated fare collection sector and its changing market trends can be studied using Global Market Database. The market research and intelligence tool studies the shift in line with changing market trends.
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What is the product category of the automated fare collection market?
- The product category of the automated fare collection market is ICT.
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Based on services, which is the largest segment?
- Based on services, managed services is the largest segment.
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What is the payment structure for purchase of plan 3 of GMD reports?
- The payment structure for purchase of plan 3 of GMD reports is 1250 dollars per month.
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What does plan 3 of GMD reports offer on purchase?
- Plan 3 of GMD offers access to 250 datasets, 2 logins and downloadable reports for 4 industries and 5 on demand markets.
Release date
Mar 2022
Region
Global
Countries Covered
The countries covered are US, UK, Germany, France, Italy, Poland, Switzerland, Sweden, Spain, Netherlands, Belgium, Finland. Japan, South Korea, China, Russia, Malaysia, Singapore, India, Brazil.
Supplementary notes
The regions covered are North America, Europe, APAC & ROW.
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