Smart Ticketing - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Smart Ticketing Market is accounted for $6.72 billion in 2020 and is expected to reach $21.72 billion by 2028 growing at a CAGR of 15.8% during the forecast period. Growing adoption of contactless payments, upsurge in the intelligent transportation market, and rising adoption of wearable technologies are the major factors propelling the market growth. However, high setup costs for smart ticketing systems and centralized framework of smart ticketing systems are hampering the market growth.
Smart ticketing is the billing/ticketing system, where a prerogative to travel (a ticket), is stored electronically on a microchip rather than being issued as a paper ticket. In most smart ticketing schemes, the microchip on which a ticket is stored is embedded in a smartcard. For this reason, smart ticketing schemes are often known as smartcard schemes, although this application expands a lot further than just smartcard. Smart ticketing uses the government backed ITSO specification to allow seamless travel in both intraregional and interregional travel supported on different modes of transport. It is fast, more efficient, and saves a lot of paperwork.
Based on application, the sports and entertainment segment is going to have a lucrative growth during the forecast period owing to the increasing trend of adopting mobile ticketing in stadiums which facilitate mobile access provisions to fans while entering into the arena and accepts NFC-enabled smart phones as a contactless smart card. Further, smart ticketing options can also reduce fraudulent activities and reselling of tickets outside the stadium at extortionate prices by verified e-tickets purchased from authentic team app on exclusive mobile devices. Event providers are exploring their unique ideas to improve the ticketing experience of attendees by using software such as SAP solution that engages fans and customers in real time.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the presence of countries like China, India, Malaysia, Indonesia, and Thailand. These countries aim to develop smart cities due to the robust economic development, the surge in population, and fast urbanization. APAC nations are also getting investments, supporting advanced technologies, and creating unique solutions to enhance the quality of life. These improvements are boosting the growth of the regional smart ticketing market. There is a high significance on the growth of innovative and interoperable automated free collection systems, like smart cards and NFC-enabled devices, to boost the efficiency of transport systems as well ridership by giving commuters a streamlined travel experience. Established countries like Japan and Singapore are aiming to adopt technology-enabled transport systems by initiating hefty technology funding.
Some of the key players profiled in the Smart Ticketing Market include ACT, Atsuke, Cammax, Conduent, Confidex, Corethree, Cubic Corporation, Flowbird Group, HID Global, Hitachi Rail, IDEMIA, Indra, Infineon Technologies, Masabi, NXP Semiconductors, PayiQ, Scheidt & Bachmann, Siemens, Thales, and Xerox Corporation.
Connectivities Covered:
All the customers of this report will be entitled to receive one of the following free customization options:
Smart ticketing is the billing/ticketing system, where a prerogative to travel (a ticket), is stored electronically on a microchip rather than being issued as a paper ticket. In most smart ticketing schemes, the microchip on which a ticket is stored is embedded in a smartcard. For this reason, smart ticketing schemes are often known as smartcard schemes, although this application expands a lot further than just smartcard. Smart ticketing uses the government backed ITSO specification to allow seamless travel in both intraregional and interregional travel supported on different modes of transport. It is fast, more efficient, and saves a lot of paperwork.
Based on application, the sports and entertainment segment is going to have a lucrative growth during the forecast period owing to the increasing trend of adopting mobile ticketing in stadiums which facilitate mobile access provisions to fans while entering into the arena and accepts NFC-enabled smart phones as a contactless smart card. Further, smart ticketing options can also reduce fraudulent activities and reselling of tickets outside the stadium at extortionate prices by verified e-tickets purchased from authentic team app on exclusive mobile devices. Event providers are exploring their unique ideas to improve the ticketing experience of attendees by using software such as SAP solution that engages fans and customers in real time.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the presence of countries like China, India, Malaysia, Indonesia, and Thailand. These countries aim to develop smart cities due to the robust economic development, the surge in population, and fast urbanization. APAC nations are also getting investments, supporting advanced technologies, and creating unique solutions to enhance the quality of life. These improvements are boosting the growth of the regional smart ticketing market. There is a high significance on the growth of innovative and interoperable automated free collection systems, like smart cards and NFC-enabled devices, to boost the efficiency of transport systems as well ridership by giving commuters a streamlined travel experience. Established countries like Japan and Singapore are aiming to adopt technology-enabled transport systems by initiating hefty technology funding.
Some of the key players profiled in the Smart Ticketing Market include ACT, Atsuke, Cammax, Conduent, Confidex, Corethree, Cubic Corporation, Flowbird Group, HID Global, Hitachi Rail, IDEMIA, Indra, Infineon Technologies, Masabi, NXP Semiconductors, PayiQ, Scheidt & Bachmann, Siemens, Thales, and Xerox Corporation.
Connectivities Covered:
- Barcode
- Cellular Network
- Near Field Communication (NFC)
- Open Payment System
- Radio-frequency Identification (RFID)
- Wireless Fidelity (Wi-Fi)
- Hardware
- Software
- Services
- Large Enterprises
- Small and Mid-size Enterprise (SME)
- Electronic (E)-Kiosk
- Electronic (E)-Ticket
- Electronic (E)-Toll
- Point of Sale (POS) Terminals
- Request Tracker
- Smart Cards
- Smart Card Readers
- Ticket Validators
- Ticketing Machine/Smart Ticketing Kiosk
- Ticketing Mobile Terminals
- Wearables
- Transportation
- Sports and Entertainment
- Parking
- Healthcare
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 EXECUTIVE SUMMARY
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL SMART TICKETING MARKET, BY CONNECTIVITY
5.1 Introduction
5.2 Barcode
5.3 Cellular Network
5.4 Near Field Communication (NFC)
5.5 Open Payment System
5.6 Radio-frequency Identification (RFID)
5.7 Wireless Fidelity (Wi-Fi)
6 GLOBAL SMART TICKETING MARKET, BY OFFERING
6.1 Introduction
6.2 Hardware
6.3 Software
6.4 Services
6.4.1 Consulting
6.4.2 Implementation
6.4.3 Support and Maintenance
7 GLOBAL SMART TICKETING MARKET, BY ORGANIZATION SIZE
7.1 Introduction
7.2 Large Enterprises
7.3 Small and Mid-size Enterprise (SME)
8 GLOBAL SMART TICKETING MARKET, BY COMPONENT
8.1 Introduction
8.2 Electronic (E)-Kiosk
8.3 Electronic (E)-Ticket
8.4 Electronic (E)-Toll
8.5 Point of Sale (POS) Terminals
8.6 Request Tracker
8.7 Smart Cards
8.8 Smart Card Readers
8.9 Ticket Validators
8.10 Ticketing Machine/Smart Ticketing Kiosk
8.11 Ticketing Mobile Terminals
8.12 Wearables
9 GLOBAL SMART TICKETING MARKET, BY APPLICATION
9.1 Introduction
9.2 Transportation
9.2.1 Roadways
9.2.2 Railways
9.2.3 Airways
9.3 Sports and Entertainment
9.4 Parking
9.5 Healthcare
10 GLOBAL SMART TICKETING MARKET, BY GEOGRAPHY
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 KEY DEVELOPMENTS
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 COMPANY PROFILING
12.1 ACT
12.2 Atsuke
12.3 Cammax
12.4 Conduent
12.5 Confidex
12.6 Corethree
12.7 Cubic Corporation
12.8 Flowbird Group
12.9 HID Global
12.10 Hitachi Rail
12.11 IDEMIA
12.12 Indra
12.13 Infineon Technologies
12.14 Masabi
12.15 NXP Semiconductors
12.16 PayiQ
12.17 Scheidt & Bachmann
12.18 Siemens
12.19 Thales
12.20 Xerox Corporation
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL SMART TICKETING MARKET, BY CONNECTIVITY
5.1 Introduction
5.2 Barcode
5.3 Cellular Network
5.4 Near Field Communication (NFC)
5.5 Open Payment System
5.6 Radio-frequency Identification (RFID)
5.7 Wireless Fidelity (Wi-Fi)
6 GLOBAL SMART TICKETING MARKET, BY OFFERING
6.1 Introduction
6.2 Hardware
6.3 Software
6.4 Services
6.4.1 Consulting
6.4.2 Implementation
6.4.3 Support and Maintenance
7 GLOBAL SMART TICKETING MARKET, BY ORGANIZATION SIZE
7.1 Introduction
7.2 Large Enterprises
7.3 Small and Mid-size Enterprise (SME)
8 GLOBAL SMART TICKETING MARKET, BY COMPONENT
8.1 Introduction
8.2 Electronic (E)-Kiosk
8.3 Electronic (E)-Ticket
8.4 Electronic (E)-Toll
8.5 Point of Sale (POS) Terminals
8.6 Request Tracker
8.7 Smart Cards
8.8 Smart Card Readers
8.9 Ticket Validators
8.10 Ticketing Machine/Smart Ticketing Kiosk
8.11 Ticketing Mobile Terminals
8.12 Wearables
9 GLOBAL SMART TICKETING MARKET, BY APPLICATION
9.1 Introduction
9.2 Transportation
9.2.1 Roadways
9.2.2 Railways
9.2.3 Airways
9.3 Sports and Entertainment
9.4 Parking
9.5 Healthcare
10 GLOBAL SMART TICKETING MARKET, BY GEOGRAPHY
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 KEY DEVELOPMENTS
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 COMPANY PROFILING
12.1 ACT
12.2 Atsuke
12.3 Cammax
12.4 Conduent
12.5 Confidex
12.6 Corethree
12.7 Cubic Corporation
12.8 Flowbird Group
12.9 HID Global
12.10 Hitachi Rail
12.11 IDEMIA
12.12 Indra
12.13 Infineon Technologies
12.14 Masabi
12.15 NXP Semiconductors
12.16 PayiQ
12.17 Scheidt & Bachmann
12.18 Siemens
12.19 Thales
12.20 Xerox Corporation
LIST OF TABLES
Table 1 Global Smart Ticketing Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Smart Ticketing Market Outlook, By Connectivity (2019-2028) ($MN)
Table 3 Global Smart Ticketing Market Outlook, By Barcode (2019-2028) ($MN)
Table 4 Global Smart Ticketing Market Outlook, By Cellular Network (2019-2028) ($MN)
Table 5 Global Smart Ticketing Market Outlook, By Near Field Communication (NFC) (2019-2028) ($MN)
Table 6 Global Smart Ticketing Market Outlook, By Open Payment System (2019-2028) ($MN)
Table 7 Global Smart Ticketing Market Outlook, By Radio-frequency Identification (RFID) (2019-2028) ($MN)
Table 8 Global Smart Ticketing Market Outlook, By Wireless Fidelity (Wi-Fi) (2019-2028) ($MN)
Table 9 Global Smart Ticketing Market Outlook, By Offering (2019-2028) ($MN)
Table 10 Global Smart Ticketing Market Outlook, By Hardware (2019-2028) ($MN)
Table 11 Global Smart Ticketing Market Outlook, By Software (2019-2028) ($MN)
Table 12 Global Smart Ticketing Market Outlook, By Services (2019-2028) ($MN)
Table 13 Global Smart Ticketing Market Outlook, By Consulting (2019-2028) ($MN)
Table 14 Global Smart Ticketing Market Outlook, By Implementation (2019-2028) ($MN)
Table 15 Global Smart Ticketing Market Outlook, By Support and Maintenance (2019-2028) ($MN)
Table 16 Global Smart Ticketing Market Outlook, By Organization Size (2019-2028) ($MN)
Table 17 Global Smart Ticketing Market Outlook, By Large Enterprises (2019-2028) ($MN)
Table 18 Global Smart Ticketing Market Outlook, By Small and Mid-size Enterprise (SME) (2019-2028) ($MN)
Table 19 Global Smart Ticketing Market Outlook, By Component (2019-2028) ($MN)
Table 20 Global Smart Ticketing Market Outlook, By Electronic (E)-Kiosk (2019-2028) ($MN)
Table 21 Global Smart Ticketing Market Outlook, By Electronic (E)-Ticket (2019-2028) ($MN)
Table 22 Global Smart Ticketing Market Outlook, By Electronic (E)-Toll (2019-2028) ($MN)
Table 23 Global Smart Ticketing Market Outlook, By Point of Sale (POS) Terminals (2019-2028) ($MN)
Table 24 Global Smart Ticketing Market Outlook, By Request Tracker (2019-2028) ($MN)
Table 25 Global Smart Ticketing Market Outlook, By Smart Cards (2019-2028) ($MN)
Table 26 Global Smart Ticketing Market Outlook, By Smart Card Readers (2019-2028) ($MN)
Table 27 Global Smart Ticketing Market Outlook, By Ticket Validators (2019-2028) ($MN)
Table 28 Global Smart Ticketing Market Outlook, By Ticketing Machine/Smart Ticketing Kiosk (2019-2028) ($MN)
Table 29 Global Smart Ticketing Market Outlook, By Ticketing Mobile Terminals (2019-2028) ($MN)
Table 30 Global Smart Ticketing Market Outlook, By Wearables (2019-2028) ($MN)
Table 31 Global Smart Ticketing Market Outlook, By Application (2019-2028) ($MN)
Table 32 Global Smart Ticketing Market Outlook, By Transportation (2019-2028) ($MN)
Table 33 Global Smart Ticketing Market Outlook, By Roadways (2019-2028) ($MN)
Table 34 Global Smart Ticketing Market Outlook, By Railways (2019-2028) ($MN)
Table 35 Global Smart Ticketing Market Outlook, By Airways (2019-2028) ($MN)
Table 36 Global Smart Ticketing Market Outlook, By Sports and Entertainment (2019-2028) ($MN)
Table 37 Global Smart Ticketing Market Outlook, By Parking (2019-2028) ($MN)
Table 38 Global Smart Ticketing Market Outlook, By Healthcare (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
Table 1 Global Smart Ticketing Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Smart Ticketing Market Outlook, By Connectivity (2019-2028) ($MN)
Table 3 Global Smart Ticketing Market Outlook, By Barcode (2019-2028) ($MN)
Table 4 Global Smart Ticketing Market Outlook, By Cellular Network (2019-2028) ($MN)
Table 5 Global Smart Ticketing Market Outlook, By Near Field Communication (NFC) (2019-2028) ($MN)
Table 6 Global Smart Ticketing Market Outlook, By Open Payment System (2019-2028) ($MN)
Table 7 Global Smart Ticketing Market Outlook, By Radio-frequency Identification (RFID) (2019-2028) ($MN)
Table 8 Global Smart Ticketing Market Outlook, By Wireless Fidelity (Wi-Fi) (2019-2028) ($MN)
Table 9 Global Smart Ticketing Market Outlook, By Offering (2019-2028) ($MN)
Table 10 Global Smart Ticketing Market Outlook, By Hardware (2019-2028) ($MN)
Table 11 Global Smart Ticketing Market Outlook, By Software (2019-2028) ($MN)
Table 12 Global Smart Ticketing Market Outlook, By Services (2019-2028) ($MN)
Table 13 Global Smart Ticketing Market Outlook, By Consulting (2019-2028) ($MN)
Table 14 Global Smart Ticketing Market Outlook, By Implementation (2019-2028) ($MN)
Table 15 Global Smart Ticketing Market Outlook, By Support and Maintenance (2019-2028) ($MN)
Table 16 Global Smart Ticketing Market Outlook, By Organization Size (2019-2028) ($MN)
Table 17 Global Smart Ticketing Market Outlook, By Large Enterprises (2019-2028) ($MN)
Table 18 Global Smart Ticketing Market Outlook, By Small and Mid-size Enterprise (SME) (2019-2028) ($MN)
Table 19 Global Smart Ticketing Market Outlook, By Component (2019-2028) ($MN)
Table 20 Global Smart Ticketing Market Outlook, By Electronic (E)-Kiosk (2019-2028) ($MN)
Table 21 Global Smart Ticketing Market Outlook, By Electronic (E)-Ticket (2019-2028) ($MN)
Table 22 Global Smart Ticketing Market Outlook, By Electronic (E)-Toll (2019-2028) ($MN)
Table 23 Global Smart Ticketing Market Outlook, By Point of Sale (POS) Terminals (2019-2028) ($MN)
Table 24 Global Smart Ticketing Market Outlook, By Request Tracker (2019-2028) ($MN)
Table 25 Global Smart Ticketing Market Outlook, By Smart Cards (2019-2028) ($MN)
Table 26 Global Smart Ticketing Market Outlook, By Smart Card Readers (2019-2028) ($MN)
Table 27 Global Smart Ticketing Market Outlook, By Ticket Validators (2019-2028) ($MN)
Table 28 Global Smart Ticketing Market Outlook, By Ticketing Machine/Smart Ticketing Kiosk (2019-2028) ($MN)
Table 29 Global Smart Ticketing Market Outlook, By Ticketing Mobile Terminals (2019-2028) ($MN)
Table 30 Global Smart Ticketing Market Outlook, By Wearables (2019-2028) ($MN)
Table 31 Global Smart Ticketing Market Outlook, By Application (2019-2028) ($MN)
Table 32 Global Smart Ticketing Market Outlook, By Transportation (2019-2028) ($MN)
Table 33 Global Smart Ticketing Market Outlook, By Roadways (2019-2028) ($MN)
Table 34 Global Smart Ticketing Market Outlook, By Railways (2019-2028) ($MN)
Table 35 Global Smart Ticketing Market Outlook, By Airways (2019-2028) ($MN)
Table 36 Global Smart Ticketing Market Outlook, By Sports and Entertainment (2019-2028) ($MN)
Table 37 Global Smart Ticketing Market Outlook, By Parking (2019-2028) ($MN)
Table 38 Global Smart Ticketing Market Outlook, By Healthcare (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
