![Global Smart Ticketing Market](https://res.cloudinary.com/devmoveo/image/upload/v1686724188/skyquest/gallery/Global-Smart-Ticketing-Market.jpg)
Report ID: SQMIG20D2185
Report ID:
SQMIG20D2185 |
Region:
Global |
Published Date: April, 2024
Pages:
202
|
Tables:
63 |
Figures:
77
With a greater than 34.0% sales share in 2022, Europe dominated the market. One of the main factors influencing the need for smart ticketing systems is the European Commission's rising emphasis on the development of intelligent transport systems to address the region's congestion and emission issues. To help the European Commission create policy measures aimed at multimodal travel, the Multimodal Passenger travel Forum was founded in February 2023. Furthermore, the presence of notable businesses like Thales and Giesecke & Devrient GmbH is encouraging for the expansion of the area market.
Over the course of the projected period, Asia Pacific is predicted to have the quickest rate of growth. Given the existence of densely populated nations like China and India, the Asia Pacific area is anticipated to see a growth in the usage of smart ticketing solutions. The market is anticipated to increase favorably as regional digitalization continues to grow. For example, China introduced a train ticketing system in April 2023 that unifies several ticket-selling platforms from over 140 countries into a single smartphone application.
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Report ID: SQMIG20D2185