Transport Ticketing Market Growth Outlook, Research Overview, Key Players, Latest Trends 2027
Market Research Future published a research report on “Transport Ticketing Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027. Market Analysis Transport ticketing system is the latest technology which offers chip solutions based on open standards. The transport ticketing market is steadily approaching a market value of USD 11 billion by the end of 2023 due to the market growth at a CAGR of 10% during the review period from 2018 to 2023. Smart transport ticketing system includes entitlement to travel, where ticket is stored electronically on a micro chip rather than printing on a paper ticket. In most of smart ticketing systems, the microchip on which ticket details are stored is embedded in a smartcard. transport ticketing solution that offers smart ticketing solution, allows passengers to check top-up value, purchase and load tickets and view the contents of their wallet, which can be accessed even if a smar...