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Smart Ticketing Market Report and Forecast 2024-2032

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    Report

  • 178 Pages
  • November 2023
  • Region: Global
  • Expert Market Research
  • ID: 5912593
According to the report, the global smart ticketing market reached a value of USD 18.26 billion in 2023. Aided by the increasing need for seamless transportation and the adoption of digitised solutions for payment and ticketing across various sectors, the market is projected to further grow at a CAGR of 8% between 2024 and 2032 to reach a value of USD 38.05 billion by 2032.

Smart ticketing refers to a system where an entitlement to travel or admission to an event is stored electronically on a microchip rather than being printed on a paper ticket. These microchips are often embedded in smart cards, mobile phones, or wearable devices. Smart ticketing systems offer advantages like enhanced security, reduced fraud, increased revenue opportunities, and improved customer experience.

A major force driving the smart ticketing market growth is the urbanisation trend and the subsequent strain on transportation infrastructure. With cities worldwide witnessing a surge in population, there's an amplified demand for efficient public transportation systems. Smart ticketing, with its convenience of easy top-ups and reduced time spent on queues, offers a solution, making commutes smoother and more efficient.

Furthermore, with the advent of IoT (Internet of Things) and increased integration of technology in daily life, consumers are leaning more towards digital solutions. This shift towards digitisation in daily activities, such as shopping, banking, and even commuting, has significantly bolstered the smart ticketing market.

The entertainment and sports industry is generating a steady smart ticketing market demand. With large-scale events, concerts, and matches, organisers are seeking efficient ways to manage crowd influx, enhance security, and provide an improved experience to attendees. Smart ticketing, with its features like easy access control and anti-counterfeit measures, addresses these needs effectively.

Additionally, the tourism sector, with its ever-growing numbers, has been quick to adapt to smart ticketing solutions. Tourist attractions, museums, and heritage sites are employing these systems to manage visitors, streamline entry processes, and offer tourists an unhindered experience.

Furthermore, the potential benefits of smart ticketing, ranging from operational efficiency and increased revenue to enhanced user experience, are influencing the smart ticketing market outlook. Partnerships between tech companies and transportation agencies, focussing on research and development to make systems more secure and user-friendly, are further propelling the market's growth.

Market Segmentation

The market can be divided based on component, product, connectivity, application, and region.

Market Breakup by Component

  • Hardware
  • Software and Services

Market Breakup by Product

  • Smart Cards
  • Reader
  • Wearable
  • Smart Parking System
  • Ticket Machine
  • Ticket Validators
  • Others

Market Breakup by Connectivity

  • NFC
  • Barcode
  • Wifi
  • Cellular Network
  • RFID
  • Others

Market Breakup by Application

  • Transportation
  • Sports and Entertainment
  • Parking
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global smart ticketing market. Some of the major players explored in the report are as follows:
  • Cubic Corporation
  • Confidex Oy
  • Rambus Group
  • Infineon Technologies AG
  • HID Global Corporation
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Smart Ticketing Market Analysis
8.1 Key Industry Highlights
8.2 Global Smart Ticketing Historical Market (2018-2023)
8.3 Global Smart Ticketing Market Forecast (2024-2032)
8.4 Global Smart Ticketing Market by Component
8.4.1 Hardware
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Software and Services
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Smart Ticketing Market by Product
8.5.1 Smart Cards
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Reader
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Wearable
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Smart Parking System
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Ticket Machine
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Ticket Validators
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Others
8.6 Global Smart Ticketing Market by Connectivity
8.6.1 NFC
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Barcode
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Wifi
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Cellular Network
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 RFID
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Smart Ticketing Market by Application
8.7.1 Transportation
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Sports and Entertainment
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Parking
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Others
8.8 Global Smart Ticketing Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Smart Ticketing Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Smart Ticketing Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Smart Ticketing Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Smart Ticketing Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Smart Ticketing Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Cubic Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Confidex Oy
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Rambus Group
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Infineon Technologies AG
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 HID Global Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Smart Ticketing Market: Key Industry Highlights, 2018 and 2032
2. Global Smart Ticketing Historical Market: Breakup by Component (USD Billion), 2018-2023
3. Global Smart Ticketing Market Forecast: Breakup by Component (USD Billion), 2024-2032
4. Global Smart Ticketing Historical Market: Breakup by Product (USD Billion), 2018-2023
5. Global Smart Ticketing Market Forecast: Breakup by Product (USD Billion), 2024-2032
6. Global Smart Ticketing Historical Market: Breakup by Connectivity (USD Billion), 2018-2023
7. Global Smart Ticketing Market Forecast: Breakup by Connectivity (USD Billion), 2024-2032
8. Global Smart Ticketing Historical Market: Breakup by Application (USD Billion), 2018-2023
9. Global Smart Ticketing Market Forecast: Breakup by Application (USD Billion), 2024-2032
10. Global Smart Ticketing Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Smart Ticketing Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Smart Ticketing Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Smart Ticketing Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Smart Ticketing Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Smart Ticketing Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Smart Ticketing Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Smart Ticketing Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Smart Ticketing Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Smart Ticketing Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Smart Ticketing Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Smart Ticketing Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Smart Ticketing Market Structure

Companies Mentioned

  • Cubic Corporation
  • Confidex Oy
  • Rambus Group
  • Infineon Technologies AG
  • HID Global Corporation

Methodology

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