Automated Fare Collection
Publication Date
February 2024
USD 17.30 billion
USD 37.36 billion
USD 19.30 billion
Automated Fare Collection Market by Component (Hardware, Software), Technology (Magentic Strip, NFC, OCR) - Global Forecast 2024-2030

[187 Pages Report] The Automated Fare Collection Market size was estimated at USD 17.30 billion in 2023 and expected to reach USD 19.30 billion in 2024, at a CAGR 11.61% to reach USD 37.36 billion by 2030.

Automated Fare Collection Market
To learn more about this report, request a free sample copy
Automated Fare Collection Market - Global Forecast 2024-2030
To learn more about this report, request a free sample copy
FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automated Fare Collection Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automated Fare Collection Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Automated Fare Collection Market, highlighting leading vendors and their innovative profiles. These include Advanced Card Systems Ltd., Advantech Co., Ltd., Atos SE, Cubic Corporation, Enghouse Systems Limited, GMV Innovating Solutions S.L., Indra Sistemas, S.A., Lecip Holdings Corporation, LG CNS Co. Ltd., Longbow Solution Sdn. Bhd., Masabi Ltd., NEC Corporation, Nippon Signal Co., Ltd., NXP Semiconductors N.V., Samsung SDS Co., Ltd., and Scheidt & Bachmann GmbH.

Market Segmentation & Coverage

This research report categorizes the Automated Fare Collection Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Component
    • Hardware
    • Software
  • Technology
    • Magentic Strip
    • NFC
    • OCR
    • Smart Cards

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Automated Fare Collection Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automated Fare Collection Market?
  3. What are the technology trends and regulatory frameworks in the Automated Fare Collection Market?
  4. What is the market share of the leading vendors in the Automated Fare Collection Market?
  5. Which modes and strategic moves are suitable for entering the Automated Fare Collection Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Automated Fare Collection Market, by Component
  7. Automated Fare Collection Market, by Technology
  8. Americas Automated Fare Collection Market
  9. Asia-Pacific Automated Fare Collection Market
  10. Europe, Middle East & Africa Automated Fare Collection Market
  11. Competitive Landscape
  12. Competitive Portfolio
Companies Mentioned
  • Advanced Card Systems Ltd.
  • Advantech Co., Ltd.
  • Atos SE
  • Cubic Corporation
  • Enghouse Systems Limited
  • GMV Innovating Solutions S.L.
  • Indra Sistemas, S.A.
  • Lecip Holdings Corporation
  • LG CNS Co. Ltd.
  • Longbow Solution Sdn. Bhd.
  • Masabi Ltd.
  • NEC Corporation
  • Nippon Signal Co., Ltd.
  • NXP Semiconductors N.V.
  • Samsung SDS Co., Ltd.
  • Scheidt & Bachmann GmbH
This FREE sample includes market data points, ranging from trend analysis to market estimates & forecasts. See for yourself.
Frequently Asked Questions about the Automated Fare Collection Market
The Global Automated Fare Collection Market size was estimated at USD 17.30 billion in 2023 and expected to reach USD 19.30 billion in 2024.
The Global Automated Fare Collection Market to grow USD 37.36 billion by 2030, at a CAGR of 11.61%
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