Smart Ticketing Market by Product (Ticket Machine, E-Ticket, E-Kiosk), Component (Software and Hardware), System (Smart Card, Open Payment System, and Near-Field Communication), Application, and Geography - Global Forecast to 2022

The smart ticketing market is expected to be worth USD 10.22 Billion by 2022, growing at a CAGR of 7.93% between 2016 and 2022.

The objective of this report is to define, describe, and forecast the market size and growth potential of the smart ticketing market across different segments such as product, component, system, and application. It also includes the forecast of the market size, in terms of value, with respect to four main geographies, namely, North America, Europe, APAC, and RoW. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges for the market. It also profiles the key players operating in the smart ticketing market. The base year considered for this report is 2015, and the forecast period for the market has been considered between 2016 and 2022. The growth of this market is driven by the factors such as affordable access to smart transit systems, emerging applications in travel and tourism industry, flourishing adoption of smart technology, and user-friendly platform.

The research methodology used to estimate and forecast the market begins by capturing the revenues of the key players and their shares in the market. Few organizations associated with the market include Smart Ticketing Alliance, Union Internationale des Transports Publics (UITP), Asia Pacific Smart Card Association, and so on. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of the primary respondents is depicted in the below figure:

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The value chain of the overall smart ticketing market includes research and development; component providers such as HID (U.S.), Gemalto NV (Netherlands), NXP Semiconductors (U.S.), and CPI Card Group Inc. (U.S.); original design manufacturers and solution providers such as Cubic Corp. (U.S.), Xerox Corp. (U.S.), and so on; end users, and post-sale service providers.

Key Target Audience:

• Component and equipment suppliers
• Original equipment manufacturers (OEMs)
• Original design manufacturers (ODMs)
• Installers and maintenance service providers
• Research organizations
• Component integrators
• Technology providers

Scope of the Report:

The smart ticketing market has been covered in detail in this report. To provide a holistic picture, the current market demand and forecasts have also been included in the report. In this report, the market has been segmented as follows:

Smart Ticketing Market, by Product

• Ticket Machine
• E-Ticket
• E-Kiosk
• Smart Parking System
• E-Toll
• Request Tracker
• Others

Smart Ticketing Market, by Component

• Software
• Hardware

Smart Ticketing Market, by System

• Smart Card
• Open Payment System
• Near-Field Communication System

Smart Ticketing Market, by Application

• Railways and Metros
• Sports and Entertainments
• Airlines
• Buses
• Others

Geographic Analysis of the Global Smart Ticketing Market:

• Europe
• North America
• APAC
• RoW

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

• Country-wise breakdown of all regions by application
• Detailed analysis and profiling of additional five market players

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Study Objectives
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency and Pricing
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Process Flow of Market Size Estimation
           2.1.2 Secondary Data
                    2.1.2.1 List of Major Secondary Sources
                    2.1.2.2 Key Data From Secondary Sources
           2.1.3 Primary Data
                    2.1.3.1 Primary Interviews With Experts
                    2.1.3.2 Breakdown of Primaries
                    2.1.3.3 Key Data From Primary Sources
           2.1.4 Secondary and Primary Research
                    2.1.4.1 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 34)
    4.1 Attractive Opportunities in the Smart Ticketing Market
    4.2 Market, By System
    4.3 Market in APAC, By Product and Country
    4.4 Europe Held the Largest Share of the Market in 2015
    4.5 Smart Ticketing Market, By Application

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Smart Ticketing Market, By Product
           5.2.2 Market, By Component
           5.2.3 Market, By System
           5.2.4 Market, By Application
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Affordable Access to Smart Transit Systems
                    5.3.1.2 Emerging Application in Travel and Tourism Industry
                    5.3.1.3 Flourishing Adoption of Smart Technologies
                    5.3.1.4 User-Friendly Platform
           5.3.2 Restraints
                    5.3.2.1 Requirement of Large Amount of Funds
                    5.3.2.2 Centralized Framework of Smart Ticketing Systems
           5.3.3 Opportunities
                    5.3.3.1 Acquiring Complete Cashless Transactions
           5.3.4 Challenges
                    5.3.4.1 Designing an Open Architecture

6 Industry Trends (Page No. - 46)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Analysis
           6.3.1 Threat of Substitutes
           6.3.2 Threat of New Entrants
           6.3.3 Bargaining Power of Buyers
           6.3.4 Bargaining Power of Suppliers
           6.3.5 Intensity of Competitive Rivalry

7 Smart Ticketing Market, By Product (Page No. - 54)
    7.1 Introduction
    7.2 Ticket Machine
    7.3 E-Ticket
    7.4 E-Kiosk
    7.5 Smart Parking System
    7.6 E-Toll
    7.7 Request Tracker
    7.8 Others

8 Smart Ticketing Market, By Component (Page No. - 63)
    8.1 Introduction
    8.2 Software
    8.3 Hardware
           8.3.1 POS Terminal Equipment
           8.3.2 Cards and Microchips
           8.3.3 Card Reader

9 Smart Ticketing Market, By System (Page No. - 69)
    9.1 Introduction
    9.2 Smart Card
           9.2.1 Chip-Based RFID
           9.2.2 Chipless RFID
    9.3 Open Payment System
    9.4 Near-Field Communication System

10 Smart Ticketing Market, By Application (Page No. - 77)
     10.1 Introduction
     10.2 Railways and Metros
     10.3 Sports and Entertainment
             10.3.1 Malls
             10.3.2 Stadium
             10.3.3 Museum
     10.4 Airlines
     10.5 Buses
     10.6 Others

11 Geographic Analysis (Page No. - 89)
     11.1 Introduction
     11.2 North America
             11.2.1 U.S.
             11.2.2 Canada
             11.2.3 Mexico
     11.3 Europe
             11.3.1 U.K.
             11.3.2 Germany
             11.3.3 France
             11.3.4 Rest of Europe
     11.4 APAC
             11.4.1 China
             11.4.2 Japan
             11.4.3 South Korea
             11.4.4 Rest of APAC
     11.5 RoW

12 Competitive Landscape (Page No. - 118)
     12.1 Introduction
     12.2 Ranking Analysis for the Smart Ticketing Market, 2015
     12.3 Competitive Scenario and Trends
     12.4 Developments
             12.4.1 New Product Launches/Developments
             12.4.2 Contracts, Partnerships, and Agreements
             12.4.3 Mergers and Acquisitions
             12.4.4 Expansions

13 Company Profiles (Page No. - 124)
     13.1 Introduction
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View)*
     13.2 Gemalto NV
     13.3 Cubic Corporation
     13.4 Infineon Technologies AG
     13.5 NXP Semiconductors
     13.6 Xerox Corporation
     13.7 HID Global Corporation/Assa Abloy AB.
     13.8 Giesecke & Devrient GmbH
     13.9 CPI Card Group Inc.
     13.10 Confidex Ltd.
     13.11 ASK
     13.12 Oberthur Technologies

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 151)
     14.1 Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Introducing RT: Real-Time Market Intelligence
     14.5 Available Customizations
     14.6 Related Reports
     14.7 Author Details

List of Tables (70 )

Table 1 Porter’s Five Forces Analysis: Overall Impact on the Market Was Medium in 2015
Table 2 Smart Ticketing Market, By Product, 2013–2022 (USD Million)
Table 3 Market for Ticket Machine, By Region, 2013–2022 (USD Million)
Table 4 Market for E-Ticket, By Region, 2013–2022 (USD Million)
Table 5 Market for E-Kiosk, By Region, 2013–2022 (USD Million)
Table 6 Market for Smart Parking System, By Region, 2013–2022 (USD Million)
Table 7 Smart Ticketing Market for E-Toll, By Region, 2013–2022 (USD Million)
Table 8 Market for Request Tracker, By Region, 2013–2022 (USD Million)
Table 9 Market for Others , By Region, 2013–2022 (USD Million)
Table 10 Market, By Component, 2013–2022 (USD Million)
Table 11 Market for Software Component, By Region, 2013–2022 (USD Million)
Table 12 Market for Hardware Component, By Region, 2013–2022 (USD Million)
Table 13 Market, By Hardware Component, 2013–2022 (USD Million)
Table 14 Market, By System, 2013–2022 (USD Million)
Table 15 Market for Smart Cards, By Region, 2013–2022 (USD Million)
Table 16 Market for Smart Cards, By Application, 2013–2022 (USD Million)
Table 17 Market for Open Payment System, By Region, 2013-2022 (USD Million)
Table 18 Market for Open Payment System , By Application, 2013–2022 (USD Million)
Table 19 Market for Near-Field Communication, By Region, 2013-2022 (USD Million)
Table 20 Smart Ticketing Market for Near-Field Communication System, By Application, 2013–2022 (USD Million)
Table 21 Smart Ticketing Market, By Application, 2013–2022 (USD Million)
Table 22 Market for Railways and Metros Application, By Region, 2013–2022 (USD Million)
Table 23 Market for Railways and Metros Application, By System, 2013–2022 (USD Million)
Table 24 Market for Sports and Entertainment Application, By Region, 2013–2022 (USD Million)
Table 25 Market for Sports and Entertainment Application, By System, 2013–2022 (USD Million)
Table 26 Market for Airlines Applications, By Region, 2013–2022 (USD Million)
Table 27 Market for Airlines Applications, By System, 2013–2022 (USD Million)
Table 28 Market for Buses, By Region, 2013–2022 (USD Million)
Table 29 Market for Buses, By System, 2013–2022 (USD Million)
Table 30 Market for Other Applications, By Region, 2013–2022 (USD Million)Ss
Table 31 Market Size in Others, By System, 2013-2022 (USD Million)
Table 32 Market, By Region, 2013–2022 (USD Million)
Table 33 Market in North America, By Country, 2013–2022 (USD Million)
Table 34 Market in North America, By Product, 2013–2022 (USD Million)
Table 35 Smart Ticketing Market in North America, By Component, 2013–2022 (USD Million)
Table 36 Market in North America, By System, 2013–2022 (USD Million)
Table 37 Market in North America, By Application, 2013–2022 (USD Million)
Table 38 Market in U.S., By System, 2013–2022 (USD Million)
Table 39 Market in Canada, By System, 2013–2022 (USD Million)
Table 40 Market in Mexico, By System, 2013–2022 (USD Million)
Table 41 Market in Europe, By Country, 2013–2022 (USD Million)
Table 42 Market in Europe, By Product, 2013–2022 (USD Million)
Table 43 Smart Ticketing Market in Europe, By Component, 2013–2022 (USD Million)
Table 44 Market in Europe, By System, 2013–2022 (USD Million)
Table 45 Market in Europe, By Application, 2013–2022 (USD Million)
Table 46 Market in U.K., By System, 2013–2022 (USD Million)
Table 47 Market in Germany, By System, 2013–2022 (USD Million)
Table 48 Smart Ticketing Market in France, By System, 2013–2022 (USD Million)
Table 49 Market in Rest of Europe, By System, 2013–2022 (USD Million)
Table 50 Market in APAC, By Country, 2013–2022 (USD Million)
Table 51 Market in APAC, By Product, 2013–2022 (USD Million)
Table 52 Smart Ticketing Market in APAC, By Component, 2013–2022 (USD Million)
Table 53 Market in APAC, By System, 2013–2022 (USD Million)
Table 54 Market in APAC, By Application, 2013–2022 (USD Million)
Table 55 Market in China, By System, 2013–2022 (USD Million)
Table 56 Market in Japan, By System, 2013–2022 (USD Million)
Table 57 Market in South Korea, By System, 2013–2022 (USD Million)
Table 58 Smart Ticketing Market in Rest of APAC, By System, 2013–2022 (USD Million)
Table 59 Market in RoW, By Region, 2013–2022 (USD Million)
Table 60 Market in RoW, By Product, 2013–2022 (USD Million)
Table 61 Market in RoW, By Component, 2013–2022 (USD Million)
Table 62 Market in RoW, By System, 2013–2022 (USD Million)
Table 63 Market in RoW, By Application, 2013–2022 (USD Million)
Table 64 Market in South America, By System, 2013–2022 (USD Million)
Table 65 Market in Africa & Middle East, By System, 2013–2022 (USD Million)
Table 66 Ranking Analysis of the Top Players in the Smart Ticketing Market
Table 67 New Product Launches/Developments, 2014–2016
Table 68 Contracts, Partnerships, and Agreements, 2014–2016
Table 69 Mergers and Acquisitions, 2014–2016
Table 70 Expansions, 2014–2016

List of Figures (70 Figures)

Figure 1 Segmentation: Smart Ticketing Market
Figure 2 Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Growth of Smart Ticketing Market, 2013–2022
Figure 7 Ticket Machine Expected to Hold the Largest Size of the Market Based on Product During the Forecast Period
Figure 8 Software Component Expected to Hold the Largest Size of the Market During the Forecast Period
Figure 9 Market for Near-Field Communication Systems Expected to Grow at the Highest Rate During the Forecast Period
Figure 10 Market for Airlines Application Expected to Grow at the Highest Rate During the Forecast Period
Figure 11 Europe Held the Largest Share of the Market in 2015
Figure 12 High Rate of Adoption of Smart Ticketing System Expected in APAC Between 2016 and 2022
Figure 13 Market for Near-Field Communication Expected to Grow at the Highest Rate During the Forecast Period
Figure 14 Ticket Machines Held the Largest Size of the Market in APAC in 2015
Figure 15 U.K. Dominated the Market in Europe, 2015
Figure 16 Airlines to Grow at the Highest Rate in the Market During the Forecast Period
Figure 17 Market, By Geography
Figure 18 Market Dynamics: Market
Figure 19 Increasing Number of International Tourist Arrivals
Figure 20 Value Chain Analysis: Major Value Added Between Component Manufacturer and End User Phases
Figure 21 Porter’s Five Forces Analysis, 2015
Figure 22 Market: Porter’s Five Forces Analysis
Figure 23 Low Impact of Threat of Substitutes on the Smart Ticketing Market in 2015
Figure 24 Medium Impact of Threat of New Entrants on the Market in 2015
Figure 25 High Impact of Bargaining Power of Buyers on the Market in 2015
Figure 26 Medium Impact of Bargaining Power of Suppliers on the Market in 2015
Figure 27 Medium Impact of Intensity of Competitive Rivalry on Market in 2015
Figure 28 Market, By Product
Figure 29 Market for E-Kiosks Based on Product Expected to Grow at the Highest Rate During the Forecast Period
Figure 30 Market for Ticket Machine in APAC Expected to Grow at the Highest Rate During the Forecast Period
Figure 31 SmarMarket for E-Toll in APAC Expected Grow at the Highest Rate During Forecast Period
Figure 32 Smart Ticketing Market, By Component
Figure 33 Market for Software Component Expected Grow at A Higher Rate During Forecast Period
Figure 34 Market for Software Component in APAC Expected to Grow at the Highest Rate During Forecast Period
Figure 35 Market, By System
Figure 36 Market for Near-Field Communication Systems Expected to Grow at the Highest Rate During Forecast Period
Figure 37 Market for Airlines Application Expected to Grow at the Highest Rate During Forecast Period
Figure 38 Europe Expected to Hold the Largest Size of the Market for Near-Field Communication Systems During Forecast Period
Figure 39 Market, By Application
Figure 40 Railways and Metros Application Expected to Hold the Largest Size of the Smart Ticketing Market During Forecast Period
Figure 41 Market for Near-Field Communication System in Railways and Metros Application Expected to Grow at the Highest Rate During the Forecast Period
Figure 42 Europe Held the Largest Size in the Smart Ticketing Market for Sports and Entertainment Application in 2016
Figure 43 Market for Airlines Application in APAC Expected to Grow at the Highest Rate During Forecast Period
Figure 44 Smart Ticketing Market, By Region
Figure 45 Geographic Snapshot of the Market, 2016–2022
Figure 46 Market in North America
Figure 47 Snapshot of Market in North America, 2016
Figure 48 Market in Europe
Figure 49 Snapshot of Market in Europe, 2016
Figure 50 Market in APAC
Figure 51 Snapshot of Smart Ticketing Market in APAC, 2016
Figure 52 Market in RoW
Figure 53 Snapshot of the Market in RoW, 2016
Figure 54 Key Growth Strategies Adopted By the Leading Players During 2014–2016
Figure 55 Market Evaluation Framework
Figure 56 Battle for the Market Share: New Product Launches/Developments as the Key Strategy Between 2014 and 2016
Figure 57 Geographic Revenue Mix of Top Players
Figure 58 Gemalto NV: Company Snapshot
Figure 59 Gemalto NV: SWOT Analysis
Figure 60 Cubic Corporation: Company Snapshot
Figure 61 Cubic Corporation: SWOT Analysis
Figure 62 Infineon Technologies AG: Company Snapshot
Figure 63 Infineon Technologies AG: SWOT Analysis
Figure 64 NXP Semiconductors: Company Snapshot
Figure 65 NXP Semiconductors: SWOT Analysis
Figure 66 Xerox Corporation: Company Snapshot
Figure 67 Xerox Corporation: SWOT Analysis
Figure 68 HID Global Corporation: Company Snapshot
Figure 69 Giesecke & Devrient GmbH: Company Snapshot
Figure 70 CPI Card Group Inc.: Company Snapshot

According to the MarketsandMarkets forecast, the smart ticketing market is expected be worth USD 10.22 Billion by 2022, growing at a CAGR of 7.93% between 2016 and 2022. The major drivers for the market include affordable access to smart transit system, emerging application travel and tourism industry, flourishing adoption of smart technology, and user-friendly platform.

The report covers the smart ticketing market segmented on the basis of product, component, system, application, and geography. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges for the market. It also profiles the key players operating in the smart ticketing market.

The software component held a larger share of the smart ticketing market in 2015. The software interface of a smart ticketing system is comparatively expensive, and it works with payment gateways and other connected systems such as smartphones and card readers through servers. Therefore, the larger market share held by software component is attributed to necessity of the frequent upgradation in software interface along with their high expenses and growing adoption of digital framework for public transportation.

In terms of application, the railways and metros segment held the largest share in 2015 while airlines is expected to grow at the highest rate during the forecast period. The deployment of smart ticketing technology in the airlines with efficient features such as self-boarding and self-luggage handling helps the airport authority to handle the critical operations at peak hours. Therefore, the convenience associated with the smart ticketing solution is expected to influence the airlines industry during the forecast period.

The market is majorly dominated by the European region; however, APAC is expected to grow the highest rate during the forecast period. Various countries in APAC such as China, India, Singapore, and Japan are circulating favorable regulations and providing funds to strengthen the deployment of smart transit systems across the region. Also, the market players of smart ticketing system are launching exclusive smart ticketing solutions to empower the public transportation network in the region.

Designing an open architecture for smart ticketing systems may appear as a challenge for manufacturers in smart ticketing market. The major vendors in this market are HID (U.S.), Gemalto NV (Netherlands), NXP Semiconductors (U.S.), Giesecke & Devrient GmbH (Germany), Infineon Technologies AG (Germany), CPI Card Group Inc. (U.S.), Inside Secure (France), Xerox Corporation (U.S.), Confidex Ltd. (Finland), Cubic Corporation (U.S.), ASK (France), and Oberthur Technologies (France), among others. These players adopted various strategies such as new product launches and developments, contracts, acquisitions, partnerships, and business expansions to cater to the needs of the market.

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