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Mobile Ticketing Market in the Transportation Sector by Technology and Geography - Forecast and Analysis 2022-2026

  • Published: Aug 2022
  • Pages: 134
  • SKU: IRTNTR43318
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The mobile ticketing market share in the transportation sector is expected to increase by USD 12.63 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 18.41%.

This mobile ticketing market in the transportation sector research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the mobile ticketing market in the transportation sector segmentation by technology (NFCs, QR codes, and others) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The mobile ticketing market in the transportation sector report also offers information on several market vendors, including AEP Ticketing Solutions Srl, Cammax Ltd, Conduent Inc., Corethree Ltd, Digital Management LLC, eos.uptrade GmbH, Giesecke and Devrient GmbH, Indra Sistemas SA, Infineon Technologies AG, Margento BV, Masabi Ltd., moovel North America LLC, Patron Technology, Rapidsoft Systems Inc., Scheidt and Bachmann GmbH, Siemens AG, Thales Group, TickPick LLC, Token Transit Inc., and Zendesk Inc. among others.

What will the Mobile Ticketing Market in the Transportation Sector Size be During the Forecast Period?

Mobile Ticketing Market in the Transportation Sector Size

Download Report Sample to Unlock the Mobile Ticketing Market in the Transportation Sector Size for the Forecast Period and Other Important Statistics

 

Mobile Ticketing Market in the Transportation Sector: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The digitization of the transportation sector is notably driving the mobile ticketing market growth in the transportation sector, although factors such as privacy and security concerns over mobile ticketing solutions may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the mobile ticketing industry in the transportation sector. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Mobile Ticketing Market Driver in the Transportation Sector

The digitization of the transportation sector is one of the key drivers supporting the mobile ticketing market growth in the transportation sector. Digital transformation in the transportation sector has revolutionized the traveling experience of customers. For instance, reservations are made through smartphones and mobile applications, which have eliminated the need for physical ticketing. Significantly, metro ticketing is gaining traction through barcodes delivered via smartphone apps and SMS-based solutions, which are witnessing impressive user adoption in countries such as Sweden and Italy. Moreover, the airline industry is also supporting the mobile ticketing market, with the increased adoption of mobile boarding passes since the global implementation of barcoded boarding passes.

Key Mobile Ticketing Market Trend in the Transportation Sector

The emergence of NFC-based payment technology is one of the key mobile ticketing market trends in the transportation sector contributing to market growth. Smartphones can be used for physical and logical access control in organizations. With the inclusion of NFC technology in smartphones, an individual's credentials are stored on the smartphone that can be presented to access control readers. These smartphones with NFC technology are equipped with an industry-standard short-range wireless link along with login credentials that enable them to exchange individuals' credentials to gain access to transactions. Furthermore, NFC-enabled smartphones contain a secure element called SIM, which is either a tamper-proof circuit or a plug-in module that ensures the validity of all transactions inside the access control managed by the network. Such high security will positively impact the market growth in the forecasted period.

Key Mobile Ticketing Market Challenge in the Transportation Sector

Privacy and security concerns over mobile ticketing solutions is one of the factors hindering the mobile ticketing market growth in the transportation sector. As the IT industry is creating an open, competitive electronic marketplace, it must provide the infrastructure that supports the seamless location and integration of critical information securely and reliably. Customers are skeptical about using their debit or credit cards for ticketing because of threats such as phishing. Furthermore, with the growth of technologies, there is a large-scale interaction between the physical and digital worlds. Potential economic loss from cyberattacks in industries is significant compared with the privacy breaches of personal location data. Such data is accessible via the internet, and it should pass through authentication layers. Thus, the possibility of cyber intrusion will adversely affect the growth of the market.

This mobile ticketing market in the transportation sector analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global mobile ticketing market in the transportation sector as a part of the global application software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the mobile ticketing market in the transportation sector during the forecast period.

Who are the Major Mobile Ticketing Market Vendors in the Transportation Sector?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AEP Ticketing Solutions Srl
  • Cammax Ltd
  • Conduent Inc.
  • Corethree Ltd
  • Digital Management LLC
  • eos.uptrade GmbH
  • Giesecke and Devrient GmbH
  • Indra Sistemas SA
  • Infineon Technologies AG
  • Margento BV
  • Masabi Ltd.
  • moovel North America LLC
  • Patron Technology
  • Rapidsoft Systems Inc.
  • Scheidt and Bachmann GmbH
  • Siemens AG
  • Thales Group
  • TickPick LLC
  • Token Transit Inc.
  • Zendesk Inc.

 

This statistical study of the mobile ticketing market in the transportation sector encompasses successful business strategies deployed by the key vendors. The mobile ticketing market in the transportation sector is fragmented and the vendors are deploying growth strategies such as quality, price, service, brand image, distribution, and marketing to compete in the market.

Product Insights and News

  • masabi.com - Under the Justride segment, the company offers Justride Fare Payments Platform, Justride Retail, Justride SDK, Justride Hub, Justride Validator, and Justride Inspect.
  • masabi.com - The company offers mobile ticketing solutions such as Justride for public transport.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The mobile ticketing market in the transportation sector forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Mobile Ticketing Market in the Transportation Sector Value Chain Analysis

Our report provides extensive information on the value chain analysis for the mobile ticketing market in the transportation sector, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Mobile Ticketing Market in the Transportation Sector?

Mobile Ticketing Market in the Transportation Sector Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

31% of the market’s growth will originate from Europe during the forecast period. Germany and the UK are the key markets for the mobile ticketing market in the transportation sector in Europe. Market growth in this region will be slower than the growth of the market in North America and APAC.

The increase in sporting events will facilitate the mobile ticketing market in the transportation sector growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the mobile ticketing market in the transportation sector was affected due to the outbreak of COVID-19 in Europe. However, the initiation of COVID-19 vaccination drives in 2021 has allowed the resumption of operations in the sports and entertainment industry, which will drive the growth of the market in the transportation sector during the forecast period.

What are the Revenue-generating Technology Segments in the Mobile Ticketing Market in the Transportation Sector?

Mobile Ticketing Market in the Transportation Sector Share

To gain further insights on the market contribution of various segments Request PDF Sample

The mobile ticketing market share growth in the transportation sector by the NFCs segment will be significant during the forecast period. NFC is a short-range wireless connectivity technology that provides simple, intuitive, and secure communication between electronic devices. Communication takes place when two NFC-compatible devices are brought in contact, within four centimeters of each other. These factors may propel the segment growth in the forecasted period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the mobile ticketing market in the transportation sector size and actionable market insights on post COVID-19 impact on each segment.

 

Mobile Ticketing Market in the Transportation Sector Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 18.41%

Market growth 2022-2026

$ 12.63 billion

Market structure

Fragmented

YoY growth (%)

17.25

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

Europe at 31%

Key consumer countries

US, Canada, India, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AEP Ticketing Solutions Srl, Cammax Ltd, Conduent Inc., Corethree Ltd, Digital Management LLC, eos.uptrade GmbH, Giesecke and Devrient GmbH, Indra Sistemas SA, Infineon Technologies AG, Margento BV, Masabi Ltd., moovel North America LLC, Patron Technology, Rapidsoft Systems Inc., Scheidt and Bachmann GmbH, Siemens AG, Thales Group, TickPick LLC, Token Transit Inc., and Zendesk Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Mobile Ticketing Market in the Transportation Sector Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive mobile ticketing market growth in the transportation sector during the next five years
  • Precise estimation of the mobile ticketing market in the transportation sector and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the mobile ticketing industry in the transportation sector across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of mobile ticketing market vendors in the transportation sector 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Technology

    • 5.1 Market segments
      • Exhibit 24: Chart on Technology - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Technology - Market share 2021-2026 (%)
    • 5.2 Comparison by Technology
      • Exhibit 26: Chart on Comparison by Technology
      • Exhibit 27: Data Table on Comparison by Technology
    • 5.3 NFCs - Market size and forecast 2021-2026
      • Exhibit 28: Chart on NFCs - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on NFCs - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on NFCs - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on NFCs - Year-over-year growth 2021-2026 (%)
    • 5.4 QR codes - Market size and forecast 2021-2026
      • Exhibit 32: Chart on QR codes - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on QR codes - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on QR codes - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on QR codes - Year-over-year growth 2021-2026 (%)
    • 5.5 Others - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Technology
      • Exhibit 40: Market opportunity by Technology ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.10 India - Market size and forecast 2021-2026
      • Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.11 UK - Market size and forecast 2021-2026
      • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.12 Canada - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 AEP Ticketing Solutions Srl
              • Exhibit 93: AEP Ticketing Solutions Srl - Overview
              • Exhibit 94: AEP Ticketing Solutions Srl - Product / Service
              • Exhibit 95: AEP Ticketing Solutions Srl - Key offerings
            • 10.4 Conduent Inc.
              • Exhibit 96: Conduent Inc. - Overview
              • Exhibit 97: Conduent Inc. - Business segments
              • Exhibit 98: Conduent Inc. - Key news
              • Exhibit 99: Conduent Inc. - Key offerings
              • Exhibit 100: Conduent Inc. - Segment focus
            • 10.5 Corethree Ltd
              • Exhibit 101: Corethree Ltd - Overview
              • Exhibit 102: Corethree Ltd - Product / Service
              • Exhibit 103: Corethree Ltd - Key offerings
            • 10.6 eos.uptrade GmbH
              • Exhibit 104: eos.uptrade GmbH - Overview
              • Exhibit 105: eos.uptrade GmbH - Product / Service
              • Exhibit 106: eos.uptrade GmbH - Key offerings
            • 10.7 Indra Sistemas SA
              • Exhibit 107: Indra Sistemas SA - Overview
              • Exhibit 108: Indra Sistemas SA - Business segments
              • Exhibit 109: Indra Sistemas SA - Key offerings
              • Exhibit 110: Indra Sistemas SA - Segment focus
            • 10.8 Infineon Technologies AG
              • Exhibit 111: Infineon Technologies AG - Overview
              • Exhibit 112: Infineon Technologies AG - Business segments
              • Exhibit 113: Infineon Technologies AG - Key news
              • Exhibit 114: Infineon Technologies AG - Key offerings
              • Exhibit 115: Infineon Technologies AG - Segment focus
            • 10.9 Margento BV
              • Exhibit 116: Margento BV - Overview
              • Exhibit 117: Margento BV - Product / Service
              • Exhibit 118: Margento BV - Key offerings
            • 10.10 Masabi Ltd.
              • Exhibit 119: Masabi Ltd. - Overview
              • Exhibit 120: Masabi Ltd. - Product / Service
              • Exhibit 121: Masabi Ltd. - Key offerings
            • 10.11 moovel North America LLC
              • Exhibit 122: moovel North America LLC - Overview
              • Exhibit 123: moovel North America LLC - Product / Service
              • Exhibit 124: moovel North America LLC - Key offerings
            • 10.12 Scheidt and Bachmann GmbH
              • Exhibit 125: Scheidt and Bachmann GmbH - Overview
              • Exhibit 126: Scheidt and Bachmann GmbH - Product / Service
              • Exhibit 127: Scheidt and Bachmann GmbH - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 128: Inclusions checklist
                • Exhibit 129: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 130: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 131: Research methodology
                • Exhibit 132: Validation techniques employed for market sizing
                • Exhibit 133: Information sources
              • 11.5 List of abbreviations
                • Exhibit 134: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Mobile Ticketing Market in the Transportation Sector market growth will increase by $5611.08 million during 2019-2024.
              The mobile ticketing market in the transportation sector market is expected to grow at a CAGR of 11.23% during 2019-2024.
              Technavio has segmented the mobile ticketing market in the transportation sector market by technology (NFCs, QR codes and barcodes, and Others) and geographic (Europe, North America, APAC, South America, and MEA).
              AEP Ticketing Solutions Srl, Corethree Ltd., eos.uptrade GmbH, Eventbrite Inc., Infineon Technologies AG, Margento BV, Masabi Ltd., moovel Group GmbH, TickPick LLC, Viagogo AG are a few of the key vendors in the mobile ticketing market in the transportation sector market.
              Europe will register the highest growth rate of 31.33% among the other regions. Therefore, the mobile ticketing market in the transportation sector market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the mobile ticketing market in the transportation sector market growth are:
              • Digitization of transportation sector
              • Emergence of NFC-based payment technology
              The mobile ticketing market in the transportation sector market vendors should focus on grabbing business opportunities from the nfcs segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
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              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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