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Global Automated Fare Collection Market Analysis, Trends, and Forecasts 2019-2025 - ResearchAndMarkets.com

The "Automated Fare Collection - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

The Automated Fare Collection market worldwide is projected to grow by US$11.3 Billion, driven by a compounded growth of 13.4%.

Managed Services, one of the segments analyzed and sized in this study, displays the potential to grow at over 14.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$7.6 Billion by the year 2025, Managed Services will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 14.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$441.6 Million to the region's size and clout in the next 5 to 6 years. Over US$540.9 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Managed Services will reach a market size of US$638.3 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 13.2% over the next couple of years and add approximately US$2 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

  • Advanced Card Systems Ltd.
  • Atos SA
  • Cubic Corporation
  • GMV Innovating Solutions SL
  • Indra Sistemas SA
  • Longbow Technologies Sdn Bhd
  • Samsung SDS Europe
  • Singapore Technologies Engineering Ltd. (ST Engineering)
  • SPX Corp. - Genfare
  • Thales Group

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Automated Fare Collection Market: A Prelude
  • Global Competitor Market Shares
  • Automated Fare Collection Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • AFC: The Most Significant Development in the Transformation of Global Transport Ticketing Market
  • Automated Fare Collection Systems Improve Urban Transportation in Developed and Developing Economies
  • Growing Urban Population and Increasing Need for Efficient Transport Solutions Spurs AFC Systems Market
  • Urban Population Worldwide: Number of Urban Dwellers in Billion and % Population for the Years 1980, 2019 and 2050
  • Growing Urbanization Worldwide: Urban Population as a % of Total Population by Region
  • Potential Role of AFC Systems Data for Monitoring Demand for Public Transportation
  • With Smart City Initiatives Gaining Momentum, Demand Rises for Intelligent Transit Technologies such as AFC Technology to Provide Seamless Travel
  • Global Smart Cities Market: Revenues in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • List of Select Smart City Projects Worldwide
  • Transition towards Cashless Transportation Augurs Well for AFC Market
  • RFID-based Automated Bus Fare Collection System: Addressing Fare Collection Issues
  • Smart Cards AFC Market: Set for Strong Growth
  • Rising Adoption of NFC Technology in Transit Ticketing Systems
  • Concerns over Price Data Tampering in AFC with NFC-equipped Smartphones
  • NFC to Replace Tokens at Chennai Metro Rail
  • AFC Systems in Demand to Prevent Fare Evasion and Fraud in Public Transit Services
  • Shift towards Open Road Tolling Drives Demand for AFC Systems
  • PRODUCT OVERVIEW
  • Automated Fare Collection
  • Advantages of AFC

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

  • Market Facts & Figures
  • US Automated Fare Collection Market Share (in %) by Company: 2019 & 2025

CANADA

JAPAN

CHINA

EUROPE

  • Market Facts & Figures
  • European Automated Fare Collection Market: Competitor Market Share Scenario (in %) for 2019 & 2025

FRANCE

GERMANY

ITALY

UNITED KINGDOM

REST OF EUROPE

ASIA-PACIFIC

  • Increase in Transit Projects Spurs Growth in Asia-Pacific AFC Market
  • Singapore Unveils the First Gateless Hands-Free Fare Collection System
  • India: Promising Growth Outlook for Automated Fare Collection Systems Market
  • Smart Cities Initiative and Adoption of Intelligent Transit Systems to Favor AFC Market
  • Metro Rail Projects to Spur Growth in AFC Market
  • SWAGAT: An AFC Gating System Launched for Ahmedabad Metro

REST OF WORLD

  • AFC Systems Market in the Middle East: An Overview
  • Qatar Introduces Integrated Automated Fare Collection and Ticketing System for Public Transportation

IV. COMPETITION

V. CURATED RESEARCH

For more information about this report visit https://www.researchandmarkets.com/r/48rpn7

View source version on businesswire.com: https://www.businesswire.com/news/home/20200101005049/en/

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