Posted 3/5/2024, 11:40:00 AM
Public Transportation Ticketing Market Poised for Robust Growth, Driven by Contactless Payments and Government Initiatives
- Market valued at $6.2B in 2023, projected to reach $22.1B by 2032 at a 15.1% CAGR
- Growth driven by government initiatives to improve public transportation
- Contactless smart cards and NFC systems have high potential
- Europe is a fast-growing region with a highly anticipated CAGR
- Key players include Smartbox Ecommerce, KEBA AG, InPost Ltd., Cleveron AS, and Neopost Group