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Smart Ticketing Market by Offering (Hardware, Software and Services), Application (Transportation, Sports & Entertainment), Revenue Channel, Connectivity, and Geography - Global Forecast to 2023 - ResearchAndMarkets.com

December 5, 2018

DUBLIN--(BUSINESS WIRE)--Dec 5, 2018--The “Smart Ticketing Market by Offering (Hardware, Software and Services), Application (Transportation (Roadways, Railways, Airways), Sports & Entertainment), Revenue Channel, Connectivity, and Geography - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

The smart ticketing market is projected to reach USD 20.4 billion by 2023 from USD 10.1 billion by 2018, at a CAGR of 14.99%.

Major drivers for market growth are the affordable access to rapid transit with the help of smart transit systems, huge demand for smart ticketing from travel and tourism industry, advanced technologies in the smart ticketing systems, and the upsurge in the intelligent transportation market. However, the high setup cost and centralized framework for smart ticketing systems are the factors expected to restrict the growth of the said market.

The smart ticketing market for software & services based on offering is expected to grow at a higher CAGR during the forecast period. Although hardware and software components together form a smart transit system, the software interface needs to be updated frequently to maintain compatibility with all the traditional and advanced technologies.

The introduction of smart ticketing options in sports and entertainment applications makes transaction secure and convenient. Event providers are exploring their unique ideas to improve an attendee’s ticketing experience by using software such as SAP solution that engages fans and customers in real time. The giant player - Amazon (US) - is setting its footstep in ticketing business by announcing its global expansion of ticketing services in Europe, APAC, and the US.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Smart Ticketing Market, By Offering

7 Smart Ticketing Market, By Connectivity

8 Smart Ticketing Market, By Application

9 Smart Ticketing Market, By Revenue Channel

10 Geographic Analysis

11 Competitive Landscape

12 Company Profiles

CGI Group Cityway Conduent Confidex Cubic Corporation Gemalto Nv Giesecke+Devrient Hid Global Indra Sistemas Infineon Technologies Inside Secure Masabi Mobile Payment Solutions Co. Ltd. NJ Transit Paragon ID Rambus Scheidt & Bachmann Smart Card IT Solutions Softjourn Ticketer Vix Technology Xminnov

For more information about this report visit https://www.researchandmarkets.com/research/33zwhm/smart_ticketing?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181205005579/en/

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Related Topics:Public Transport

KEYWORD:

INDUSTRY KEYWORD: ENTERTAINMENT TECHNOLOGY OTHER TECHNOLOGY TRANSPORT PUBLIC TRANSPORT EVENTS/CONCERTS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/05/2018 11:20 AM/DISC: 12/05/2018 11:20 AM

http://www.businesswire.com/news/home/20181205005579/en

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