Semiconductor

  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 smartphone is offline. Such specifications of transport ticketing system allow seamless travel between and within cities, regions and countries with different modes of transport. Transport Ticketing Mark...