The mobile ticketing market in the transportation sector market is forecasted to grow by USD 2059.81 mn during 2023-2028, accelerating at a CAGR of 19.7% during the forecast period. The report on the mobile ticketing market in the transportation sector market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by shift from smart cards to mobile ticketing, availability of multimodal ticketing platforms, and digitization of transportation sector.
Technavio's mobile ticketing market in the transportation sector market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
18.47%
CAGR
19.7%
Incremental Value
$2059.81mn
By Type
Mobile ticketing application
SMS mobile ticketing
By Technology
NFCs
QR codes and barcodes
Others
By Geographical Landscape
Europe
North America
APAC
South America
Middle East and Africa
This study identifies the emergence of nfc-based payment technology as one of the prime reasons driving the mobile ticketing market in the transportation sector market growth during the next few years. Also, emergence of mobile wallets and increasing adoption of biometrics and wearable technology will lead to sizable demand in the market.
The report on the mobile ticketing market in the transportation sector market covers the following areas:
Mobile ticketing market in the transportation sector market sizing
Mobile ticketing market in the transportation sector market forecast
Mobile ticketing market in the transportation sector market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mobile ticketing market in the transportation sector market vendors that include Modaxo Inc., Cammax Ltd, Corethree Ltd., eos.uptrade GmbH, Giesecke Devrient GmbH, GoEuro Corp., Indra Sistemas SA, Infineon Technologies AG, Margento BV, Masabi Ltd., Mobisoft Infotech, moovel North America LLC, Nortap Technology Inc., Rapidsoft Systems Inc., Scheidt and Bachmann GmbH, Siemens AG, Thales Group, TickPick LLC, Token Transit Inc., Zendesk Inc., and Conduent Inc.. Also, the mobile ticketing market in the transportation sector market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
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 Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Technology
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global mobile ticketing market in transportation sector market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global mobile ticketing market in transportation sector market 2018 - 2022 ($ million)