Europe Smart Ticketing Market Size, Segmentation, By Key Players, Growth Rate, Competitive Strategies, Type, Applications and Regional Forecast 2023

Jun 1, 2018

New Report On Europe Smart Ticketing Market:By Key Players, Growth Rate, Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023 added to store which has 96 pages- Orbisresearch.com

Dallas, USA - June 1, 2018 /MarketersMedia/ —

Overview:
The Europe smart ticketing market revenue is estimated to be $1.74 billion in 2017 and is expected to reach $5.38 billion by 2023, growing at a CAGR of 20.69% during the forecast period 2017–2023.

Smart ticket, commonly known as a smart card, includes a microchip that can be used as a travel ticket. It is primarily used in the transportation industry to offer reduced waiting time and easy-to-pay options for travelers. The European land transportation industry is a significant adopter of smart ticketing as the European governments are focusing on the digitization of the public transit and sustainable transport policies.

Request a Sample Report! Get PDF Sample Copy@ http://orbisresearch.com/contacts/request-sample/2133669

The demand for smart ticketing in Europe is driven by growing European tourism industry, simplified technology ecosystem, and the need for the innovation of more potential ticketing systems across urban areas. The leading payment solution vendors in Europe are also increasing their presence in this market by offering integrated payment solutions through partnerships with smart ticket developers and operators. These companies are also deploying big data analytics and connected devices to track the passenger travel patterns so that operators can provide customized products and services.

Market Revenue and Segmentation Analysis:
Technological advancements in smart ticketing have pushed companies to adopt technologies such as NFC, RFID, QR code, and barcode. The emergence of smartphones equipped with NFC technology has resulted in introducing the necessary infrastructure for smart ticketing across the industries. RFID technology is widely used in smart cards due to its cost-effectiveness, and it is widely accepted in sports, entertainment, and transport among other industries. QR code and barcode technologies are being adopted in events, sports clubs, buses, metro stations, and others. The open payment systems are in great demand owing to decrease the waiting time for payments across the industries. The RFID market revenue is expected to reach $2,131.1 million by 2023, growing at a CAGR of 20.2% during the forecast period.

The products segment include ticket vending machine, smart parking, smart bill, ticketing systems, and others. Ticketing machines offer diverse types of tickets to passengers according to the mode of transport; vending machines service to customers is also one of its kind. Smart parking uses sensors and ticketing systems in its parking space to determine vehicle occupancy levels. The ticketing system market revenue is valued at $852.3 million in 2017 and will grow at a CAGR of 20.9% during the forecast period.

The Europe smart ticketing market is segmented based on modes such as smart cards and mobile devices. The introduction of smart cards has minimized the usage of paper tickets in railways, buses, and others. The increase in smartphone penetration has resulted in the demand for mobile-based ticketing applications. The smart card market revenue is expected to grow at a CAGR of 20.0% during the forecast period.

The Europe smart ticketing market is segmented into following verticals: transportation, sports, entertainment, and others. The transportation industry is further segmented into land transport, air transport, and water transport. Further, the land transportation is segmented into metros, trams, buses, and railways. Many countries in Europe are deploying smart cards in various transportation modes such as land transport, rail transport, and airways. This trend is further fueled by the increase in security and safety against fraud activities. The transportation segment is expected to reach $4,377.4 million by 2023, growing at a CAGR of 20.0% during the forecast period 2017–2023.

To Make an Enquiry on Report@ http://orbisresearch.com/contacts/enquiry-before-buying/2133669

Regions Analysis:
The market is segmented in terms of the leading countries in the smart ticketing market such as the UK, France, Italy, Russia, Germany, Spain, Poland, Netherlands, Portugal, Czech Republic, Sweden, Austria, Denmark, Norway, and Finland. The UK accounts for a significant share in the market, followed by France, Germany, Italy, Russia, and Spain. Norway, Czech Republic, and Denmark are expected to be the emerging markets, growing at a CAGR of above 22%.

Benefits and Vendors
The report contains an in-depth analysis of vendor profiles, which include financial health, business units, key business priorities, SWOT, strategies, and views; and competitive landscape. The Europe smart ticketing market is expected to change the shape of industries by 2025 with its wide range of capabilities. The report covers an in-depth analysis of Cubic Corporation, Rambus Inc., Infineon Technologies AG, NXP Semiconductors, Xerox Corporation, Confidex Ltd., Masabi Ltd., RFID Global, CAEN RFID, and BluEpyc.

The study offers a comprehensive analysis of the “Europe Smart Ticketing” market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for companies to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, it helps the venture capitalists in understanding the companies better and take informed decisions.

Countries Covered
Regions-North America, Europe, Asia Pacific, and Rest of the World

Companies Covered
Cubic Corporation, Rambus Inc., Infineon Technologies AG, NXP Semiconductors, Xerox Corporation, Confidex Ltd., Masabi Ltd., RFID Global, CAEN RFID, and BluEpyc.

Major Point from Table of Content:

1 Industry Outlook
2 Report Outline
3 Market Snapshot
4 Market Outlook
5 Market Characteristics
6 Technology: Market Size and Analysis
7 Product: Market Size and Analysis
8 Modes: Market Size and Analysis
9 Verticals: Market Size and Analysis
10 Europe: Market Size and Analysis
11 Vendor Profiles
12 Companies to Watch For 90
13 Competitive Landscape
Annexure
Abbreviations

More News

Oct 11, 2026

Perpetual scores first win, keeps playoffs hopes alive in SSL Unity Cup

MANILA, Philippines — University of Perpetual Help System DALTA outworked San Beda University in a challenging marathon showdown, 28-30, 25-19, 23-25, 25-17, 16-14, to enter the win column in the 2026 Shakey’s Super League (SSL) Unity Cup on Sunday at the Rizal Memorial Coliseum. Jemalyn Menor took over on offense but Cyrille Almeniana delivered the crucial points in the extended deciding set as the Lady Altas bounced back from an opening-day loss. Perpetual tied idle Letran in second to third with a 1-1 win-loss record in Pool A of the league’s centerpiece competition, backed by Shakey’s Pizza Parlor, Peri-Peri Charcoal Chicken, Potato Corner and R&B Milk Tea. “Talagang nagtulungan kami sa loob ng court, pinaghirapan namin talaga ito para maipanalo ‘yung game namin ngayong araw,” said Menor, who led all scorers with 25 points on 23 kills, one ace and one kill block. “Pinush lang kami ni coach (Sandy Rieta) na magtiwala lang kami sa sarili namin and nagtulungan kami sa loob ng court,” she added. It was a tight crawl to the finish line in the fifth frame. The Lady Red Spikers erased the Lady Altas’ two-point lead and knotted it at 13 after Almeniana’s tip-in went wide. She got a point back on a combination play that put Perpetual at matchpoint. Angel Habacon answered with a hit to tie it at 14 before Almeniana put matters in her own hands with the match-clinching back-to-back hits to end the two-hour, 45-minute battle. Almeniana had 14 points, 13 from attacks, Edel Valdez had 10 markers while Rae Palacio scored eight for the Lady Altas, who had 14 kill blocks and received 45 free points off San Beda’ 45 errors. Perpetual boosted its chances of joining pool leader five-peat-seeking National University in the next round. The Lady Bulldogs secured a playoffs spot after winning three straight games without dropping a single set. Only the top two teams in each pool will move on to the next phase of the tournament, supported by Smart, PusoP.com DICT, Executive Optical, Milo and Summit Natural Drinking Water. Last year’s runner-up University of Santo Tomas (2-0) in Pool B, Far Eastern University (2-0) in Pool C and University of the Philippines (2-0) in Pool D are all through to the second stage of the competition, which has Philippine Sports Commission, the Commission on Higher Education, Mikasa, Asics, Rigour Technology, Jersey Haven, Solar Sports and 12 Beyond Production as technical partners. The Lady Red Spikers suffered a second straight defeat in as many starts. Habacon had 16 points on 13 spikes, two kills blocks and an ace, Daisy Cagas finished with 12 markers while Jermaine Joniega and Aiezel Parumog added nine each for the Mendiola-based squad. Games continue on Friday with Letran taking on San Beda at 1 p.m. followed by the 3 p.m. clash between Jose Rizal University and College of Saint Benilde. NU closes its pool play campaign against Perpetual at 5 p.m. All games are available live and on demand via PusoP.com and Solar Sports. TMT