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Smart Ticketing Market Analysis 2023-2032: Size, Growth Drivers And Trends | Cubic Corporation, Confidex Ltd., NXP Semiconductors, CPI Card Group, Infineon Technologies AG
Smart Ticketing Market
Smart Ticketing Market Size, Growth Rate, And Forecast
The global smart ticketing market size grew from $13.77 billion in 2022 to $16.05 billion in 2023 at a compound annual growth rate (CAGR) of 16.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The smart ticketing market size is expected to grow to $27.35 billion in 2027 at a CAGR of 14.3%.
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Smart Ticketing Market Drivers
The revival of the travel and tourism industry will significantly contribute to the growth of the smart ticketing market. Due to the COVID-19 pandemic, the tourism industry was the worst-affected industry, with all sectors, including airlines and hospitality, being severely impacted.
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Smart Ticketing Market Segments
• By Product: Ticket Machine, E-Ticket, E-Kiosk, Request Tracker.
• By Component: Hardware, Software.
• By System: Open Payment System, Smart Card, Near-Field Communication
• By Organisation Size: SMEs, Large Enterprises
• By Application: Railways, Airways, Roadways, Sports And Entertainment.
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the Smart Ticketing market.
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Smart Ticketing Market Key Players
Major competitors in the smart ticketing market include Cubic Corporation, Confidex Ltd., NXP Semiconductors, CPI Card Group, Infineon Technologies AG, Scheidt & Bachmann, HID Global Corporation.
The Business Research Company's "Global Smart Ticketing Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Smart Ticketing Market Include:
1. Executive Summary
2. Smart Ticketing Market Characteristics
3. Smart Ticketing Market Trends And Strategies
4. Smart Ticketing Market - Macro Economic Scenario
5. Smart Ticketing Market Size And Growth
……
26. Africa Smart Ticketing Market
27. Smart Ticketing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart Ticketing Market
29. Smart Ticketing Market Future Outlook and Potential Analysis
30. Appendix
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