Smart Ticketing Market: Trends, Forecast and Competitive Analysis

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The future of the smart ticketing market looks promising with opportunities in the railway, roadway, airway, and sports & entertainment industries. The global smart ticketing market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected grow with a CAGR of 14% to 16% from 2020 to 2025. The major drivers for this market are growing demand for smart ticketing in the travel and tourism industry, technological upgradation in the ticketing system, and growth in intelligent transportation.

A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of smart ticketing market report download the report brochure.

The study includes trends and forecasts for the global smart ticketing market by offering, application, product, system, and region as follows:

By Product [$M shipment analysis for 2014 – 2025]:

Ticket Machines
E-Tickets
E-Kiosks
Smart Parking Systems
E-Toll
Request Trackers

By Application [$M shipment analysis for 2014 – 2025]:

Transportation
Railways
Roadways
Airways
Sports & Entertainment

By Offering [$M shipment analysis for 2014 – 2025]:

Hardware
Smart Cards
Wearables
Ticketing Mobile Terminals/Ticketing Machines
Readers
Validators
Software & Services

By Region [$M shipment analysis for 2014 – 2025]:

North America
- United States
- Canada
- Mexico
Europe
- Germany
- United Kingdom
- France
- Italy
Asia Pacific
- China
- Japan
- India
- South Korea
The Rest of the World

Some of the smart ticketing companies profiled in this report include Cubic Corporation, Infineon Technologies, Conduent, Vix Technology, Rambus, HID Global, Gemalto, Giesecke+Devrient, Confidex, Inside Secure, Indra Sistemas, Paragon ID, Scheidt & Bachmann, CGI Group, Masabi, Cityway, and Smart Card IT Solutions

Lucintel forecasts that E-ticket will remain the largest product segment over the forecast period due to growing usage of smartphones around the world and increasing use of e-tickets in sports events.

Sports and entertainment will remain the largest application segment during the forecast period due to the growing usage of online payment methods and increasing demand in sports events, as E-tickets offer higher security than traditional paper tickets.

Europe will remain the largest region during the forecast period due to growing tourism industry in the region. APAC is expected to witness the highest growth over the forecast period due to favorable government regulations and increasing demand for intelligent transit system.

Features of Smart Ticketing Market

Market Size Estimates: Smart ticketing market size estimation in terms of value ($M)
Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments and regions.
Segmentation Analysis: Market size by offering, application, and product
Regional Analysis: Smart ticketing market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth Opportunities: Analysis on growth opportunities in different offering, application, product and regions for smart ticketing market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape for the smart ticketing market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions

Q.1 What are some of the most promising potential, high-growth opportunities for the global smart ticketing market by product (ticket machines, E-tickets, E-kiosks, smart parking systems, E-toll, and request trackers), application (transportation (railways, roadways, and airways) and sports & entertainment), offering (hardware [smart cards, wearables, ticketing mobile terminals/ticketing machines, readers, and validators] and software & services), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the smart ticketing market?
Q.5 What are the business risks and threats to the smart ticketing market?
Q.6 What are emerging trends in this smart ticketing market and the reasons behind them?
Q.7 What are some changing demands of customers in the smart ticketing market?
Q.8 What are the new developments in the smart ticketing market? Which companies are leading these developments?
Q.9 Who are the major players in the smart ticketing market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the smart ticketing market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the smart ticketing market?

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Table of Content

1. Executive Summary

2. Market Background and Classifications

2.1: Introduction, Background, and Classifications

2.2: Supply Chain

2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2014 to 2025

3.1: Macroeconomic Trends (2014-2019) and Forecast (2020-2025)

3.2: Global Smart Ticketing Market Trends (2014-2019) and Forecast (2020-2025)

3.3: Global Smart Ticketing Market by Offering

3.3.1: Hardware

3.3.1.1: Smart Cards

3.3.1.2: Wearables

3.3.1.3: Ticketing Mobile Terminals/Ticketing Machines

3.3.1.4: Readers

3.3.1.5: Validators

3.3.2: Software & Services

3.4: Global Smart Ticketing Market by Application

3.4.1: Transportation

3.4.1.1: Railway

3.4.1.2: Roadway

3.4.1.3: Airway

3.4.2: Sports & Entertainment

3.5: Global Smart Ticketing Market by Product

3.5.1: Ticket Machines

3.5.2: E-Tickets

3.5.3: E-Kiosks

3.5.4: Smart Parking Systems

3.5.5: E-Toll

3.5.6: Request Trackers

4. Market Trends and Forecast Analysis by Region from 2014 to 2025

4.1: Global Smart Ticketing Market by Region

4.2: North American Smart Ticketing Market

4.2.1: Market by Application

4.2.2: Market by Product

4.2.3: The US Smart Ticketing Market

4.2.4: The Canadian Smart Ticketing Market

4.2.5: The Mexican Smart Ticketing Market

4.3: European Smart Ticketing Market

4.3.1: Market by Application

4.3.2: Market by Product

4.3.3: German Smart Ticketing Market

4.3.4: United Kingdom Smart Ticketing Market

4.3.5: French Smart Ticketing Market

4.3.6: Italian Smart Ticketing Market

4.4: APAC Smart Ticketing Market

4.4.1: Market by Application

4.4.2: Market by Product

4.4.3: Chinese Smart Ticketing Market

4.4.4: Japanese Smart Ticketing Market

4.4.5: Indian Smart Ticketing Market

4.4.6: South Korean Smart Ticketing Market

4.5: ROW Smart Ticketing Market

4.5.1: Market by Application

4.5.2: Market by Product

5. Competitor Analysis

5.1: Product Portfolio Analysis

5.2: Geographical Reach

5.3: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

6.1: Growth Opportunity Analysis

6.1.1: Growth Opportunities for the Global Smart Ticketing Market by Application

6.1.2: Growth Opportunities for the Global Smart Ticketing Market by Offering

6.1.3: Growth Opportunities for the Global Smart Ticketing Market by Product

6.1.4: Growth Opportunities for the Global Smart Ticketing Market by Region

6.2: Emerging Trends in the Global Smart Ticketing Market

6.3: Strategic Analysis

6.3.1: New Product Development

6.3.2: Capacity Expansion of the Global Smart Ticketing Market

6.3.3: Technology Development

6.3.4: Mergers and Acquisitions in the Global Smart Ticketing Industry

7. Company Profiles of Leading Players

7.1: Cubic Corporation

7.2: Infineon Technologies

7.3: Conduent

7.4: Vix Technology

7.5: Rambus

7.6: HID Global

7.7: Gemalto

7.8: Giesecke+Devrient

7.9: Confidex

7.10: Inside Secure

7.11: Indra Sistemas

7.12: Paragon ID

7.13: Scheidt & Bachmann

7.14: CGI Group

7.15: Masabi

7.16: Cityway,

7.17: Smart Card IT Solutions

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:

In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.

Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.

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