Data Bridge Market Research in its report titled of Global Automated Fare Collection Market offers comprehensive insights and detailed research on this market. The report covers the key factors that are propelling the growth of the Automated Fare Collection market, untapped lucrative opportunities for manufacturers, latest trends and latest developments that are shaping the growth of the market and other valuable insights across different market segments.
The automated fare collection market size is valued at USD 25,197.92 million by 2028 and is expected to grow at a compound annual growth rate of 13.20% over the forecast period of 2021 to 2028. Data Bridge Market Research report on automated fare collection market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the markets growth.
Read Detailed Index of full Research Study @ https://www.databridgemarketresearch.com/reports/global-automated-fare-collection-market
Leading Key Players Operating in the Automated Fare Collection Market Includes:
The major players covered in the automated fare collection market report are Cubic Corporation, Indra, Thales Group, GMV, ST Engineering, Atos SE, Longbow Technologies Sdn Bhd, Samsung, Genfare, Advanced Card Systems Ltd., NIPPON SIGNAL CO., LTD., OMRON Corporation, Vix Technology, Scheidt & Bachmann GmbH, Siemens, NXP Semiconductors, LG CNS, Sony Corporation, LECIP HOLDINGS CORPORATION, and Masabi Ltd, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Key Market Segments:
- On the basis of component, the automated fare collection market is segmented into hardware and software.
- The automated fare collection market is segmented on the basis of service type into consulting, system implementation, training, support, and maintenance and managed services.
- On the basis of system, the automated fare collection market is segmented into ticket vending machine (TVM), ticket office machine (TOM), fare gates and IC cards.
- Based on technology, the automated fare collection market is segmented into near-field communication (NFC), magnetic stripes, smart card, optical character recognition (OCR) and others.
- Based on application, the automated fare collection market is segmented into rail and transport, parking, theme park and others. Rail and transport has further been segmented into ticket vending machine, automatic collection gate, passenger service machine and smart card ticketing. Parking has further been segmented into parking entry/exit barriers, auto pay machine and ticket validating machine.
- Based on end user, the automated fare collection market is segmented into transportation and logistics, government, media and entertainment, retail and others.
Automated Fare Collection Market Country Level Analysis:
The countries covered in the Automated Fare Collection Market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Browse More DBMR Reports:
https://www.databridgemarketresearch.com/reports/global-edge-computing-market
https://www.databridgemarketresearch.com/reports/global-non-volatile-memory-express-market
https://www.databridgemarketresearch.com/reports/global-automotive-lightweight-material-market
https://www.databridgemarketresearch.com/reports/global-cloud-api-market
About Data Bridge Market Research, Private Ltd
Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.
Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. “Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve.”
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries includes
Contact Us
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email – corporatesales@databridgemarketresearch.com