Automated Fare Collection Market PPT: Trends and Dynamics, Drivers, Competitive landscape and Future Opportunities 2032

1
Global Automated Fare Collection Market Research
and Forecast Report 2024-2032

• Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group

• International Market Analysis Research and
  Consulting Group is a leading adviser on
  management strategy and market research
  worldwide. We partner with clients in all regions
  and industry verticals to identify their
  highest-value opportunities, address their most
  critical challenges, and transform their
  businesses.
• IMARCs information products include major
  market, scientific, economic and technological
  developments for business leaders in
  pharmaceutical, industrial, and high technology
  organizations. Market forecasts and industry
  analysis for biotechnology, advanced materials,
  chemicals, food and beverage, travel and tourism,
  nanotechnology and novel processing methods are
  at the top of the companys expertise.
• IMARCs tailored approach combines unfathomable
  insight into the dynamics of companies and
  markets with close cooperation at all levels of
  the client organization. This ensures that our
  clients achieve unmatchable competitive
  advantage, build more proficient organizations,
  and secure lasting results.

3
Report Highlight and Description

• According to the latest report by IMARC Group,
  titled "Automated Fare Collection Market Global
  Industry Trends, Share, Size, Growth, Opportunity
  and Forecast 2024-2032," the global automated
  fare collection market size reached US 12.1
  Billion in 2023.
• An automatic fare collection (AFC)system refers
  to a contactless software-based ticketing system
  that is used for collecting fare payments while
  replacing conventional ticketing solutions with
  automated ticketing. It is commonly deployed at
  entry and exit points of public transport units
  that consist of automatic gate machines,
  recharging terminals, ticket checking machines
  and ticket vending machines.
• These machines are commonly compatible with a
  vast array of payment methods that provide
  enhanced convenience to the users. Their usage
  also facilitates improved transaction rate and
  excellent operational transparency while offering
  cost- and time-efficiency to the travelers.
• Request for a PDF sample of this report
  https//www.imarcgroup.com/automated-fare-collecti
  on-market/requestsample

4
Report Description

• Global Automated Fare Collection Market Trends
• The global market is majorly driven by rapid
  digitization and the widespread adoption of
  automation across the globe. With the busy and
  hectic lifestyles led by the working
  professionals, there has been a rising need for
  convenient and user-friendly modes of fare
  collection across public transport terminals.
  This has impelled the deployment of AFC systems
  at the entry and exit points of transport
  terminals in an attempt to minimize the wastage
  of time waiting in queues and ensure contactless
  and hassle-free payment solutions.
• Moreover, the continual developments in the
  existing public transport infrastructure and the
  widespread usage of smartphone applications for
  accessing travel route information and online
  booking of tickets are creating a positive
  outlook for the market. Furthermore, the
  increasing integration of advanced technologies
  with AFC systems is also acting as a major
  growth-inducing factor. For instance, the growing
  preference for open road tolling (ORT) and
  near-field communication (NFC) systems are
  increasingly being deployed at toll booths to
  facilitate free-flowing toll collection and
  minimize traffic congestion. Some of the other
  factors contributing to the market growth include
  the rising demand for fare collection systems
  with low fraud rates and the rapid expansion of
  smart cities on the global level.
• Looking forward, the market is expected to reach
  a value of US 33.1 Billion by 2032, registering
  a CAGR of 11.47 during 2024-2032.
• View Report TOC, Figures and Tables
  https//www.imarcgroup.com/automated-fare-collecti
  on-market

5
Report Segmentation

• Breakup by Component
• Hardware
• Software and Services
•  
• Breakup by System Type
• Ticket Vending Machine (TVM)
• Ticket Office Machine (TOM)
• Fare Gates
• IC Cards
• Breakup by Technology
• Smart Card
• Magnetic Stripe
• Near Field Communication (NFC)
• Others

6
Report Segmentation

• Breakup by Application
• Railways and Transportation
• Parking
• Entertainment
• Others
• Breakup by Region
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

7
Competitive Landscape with Key Players

• Advanced Card Systems Limited (HNA Technology
  Investments Holdings)
• Atos SE
• Cubic Corporation
• Indra Sistemas SA
• Nippon Signal Co. Ltd.
• NXP Semiconductors N.V.
• Omron Corporation
• Scheidt Bachmann GmbH
• Siemens AG
• Sony Corporation
• STMicroelectronics
• Thales Group.

8
Key Questions Answered in the Report
9
Key Questions Answered in the Report
10
Table of Contents

• 1    Preface2    Scope and Methodology    2.1  
   Objectives of the Study    2.2  
   Stakeholders    2.3    Data Sources       
  2.3.1    Primary Sources        2.3.2  
   Secondary Sources    2.4    Market Estimation 
        2.4.1    Bottom-Up Approach        2.4.2  
   Top-Down Approach    2.5    Forecasting
  Methodology3    Executive Summary4  
   Introduction    4.1    Overview    4.2    Key
  Industry Trends5    Global Automated Fare
  Collection Market    5.1    Market Overview   
  5.2    Market Performance    5.3    Impact of
  COVID-19  5.4    Market Forecast
• 6     Market Breakup by Component
• 6.1 Hardware
• 6.1.1 Market Trends
• 6.1.2 Market Forecast
• 6.2 Software and Services
• 6.2.1 Market Trends
• 6.2.2 Market Forecast
• 7 Market Breakup by System Type
• 7.1 Ticket Vending Machine (TVM)
• 7.1.1 Market Trends
• 7.1.2 Market Forecast       

11
Table of Contents

• 7.2 Ticket Office Machine (TOM)
• 7.2.1 Market Trends
• 7.2.2 Market Forecast
• 7.3 Fare Gates
• 7.3.1 Market Trends
• 7.3.2 Market Forecast
• 7.4 IC Cards
• 7.4.1 Market Trends
• 7.4.2 Market Forecast
• 8 Market Breakup by Technology
• 8.1 Smart Card
• 8.1.1 Market Trends
• 8.1.2 Market Forecast
• 8.2 Magnetic Stripe
• 8.2.1 Market Trends
• 8.2.2 Market Forecast
• 8.3 Near Field Communication (NFC)
• 8.3.1 Market Trends
• 8.3.2 Market Forecast

12
Disclaimer

• 2023 IMARC All Rights Reserved
• This Publication and all its contents unless
  otherwise mentioned are copyrighted in the name
  of International Market Analysis Research and
  Consulting (IMARC). No part of this publication
  may be reproduced, repackaged, redistributed or
  resold in whole or in any part. The publication
  may also not be used in any form or by and means
  graphic electronic or mechanical, including
  photocopying, recording, taping or by information
  storage or retrieval, or by any other form,
  without the express consent of International
  Market Analysis Research and Consulting (IMARC).
• Disclaimer All contents and data of this
  publication, including forecasts, data analysis
  and opinion have been based on information and
  sources believed to be accurate and reliable at
  the time of publishing. International Market
  Analysis Research and Consulting makes no
  representation of warranty of any kind as to the
  accuracy or completeness of any Information
  provided. IMARC accepts no liability whatsoever
  for any loss or damage resulting from opinion,
  errors or inaccuracies if any found this
  publication.
• IMARC, IMARC Group and Global Therapy Insight
  Series are registered trademarks of International
  Market Analysis Research and Consulting. All
  other trademarks used in this publication are
  registered trademarks of their respective
  companies.

13
Contact Us
Visit us at
https//www.imarcgroup.com
TELEPHONE [phone] E-MAIL
sales_at_imarcgroup.com