How big is the Smart Ticketing Market?

The Smart Ticketing Market size is expected to reach USD 19.36 million in 2024 and grow at a CAGR of 11.31% to reach USD 33.07 million by 2029. Read More

What is the current Smart Ticketing Market size?

In 2024, the Smart Ticketing Market size is expected to reach USD 19.36 million. Read More

Who are the key players in Smart Ticketing Market?

Cubic Corporation, Infineon Technologies AG, Conduent Inc, HID Global and Gemalto Nv ( Thales Group) are the major companies operating in the Smart Ticketing Market. Read More

Which is the fastest growing region in Smart Ticketing Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Smart Ticketing Market?

In 2024, the Europe accounts for the largest market share in Smart Ticketing Market. Read More

What years does this Smart Ticketing Market cover, and what was the market size in 2023?

In 2023, the Smart Ticketing Market size was estimated at USD 17.39 million. The report covers the Smart Ticketing Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Smart Ticketing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Smart Ticketing Market - Size, Share & Forecast

Smart Ticketing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Smart Ticketing Market Research & Demand. The market is segmented by Offering (Smart Cards, Wearables, Readers, and Others), Application (Transportation (Railways, Airways, and Roadways), Sports & Entertainment), and Geography (North America (United States, and Canada), Europe (Germany, United Kingdom, France, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia & New Zealand, and Rest of Asia-Pacific), and Rest of the World) The market size and forecasts are provided in terms of value (USD million) for all the above segments.

Smart Ticketing Industry Overview

The smart ticketing market is moderately concentrated, and with the increasing government initiatives supporting this market, more global players are expected to enter this market. Product launches, high expenses on research and development, partnerships and acquisitions, etc., are the prime growth strategies these companies adopt to sustain the intense competition. Some global players are Cubic Corporation, Infineon Technologies AG, and HID Global. Some of the recent developments in the market are:

July 2022 - Helsingin Seudun Liikenne (HSL), the Helsinki Region Transport Authority, has chosen Conduent to implement a next-generation fare collection system across its network of buses, trams, trains, metros, and ferries, according to Conduent Transportation, a global business unit of Conduent Incorporated. Two hundred thirty-eight million passengers boarded HSL's public transportation systems in 2021.