The global Transit Cards market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Transit card or travel card is referred to the bus, train or metro ticket that allows the passenger to take unlimited trips in a fixed period of time or to take a certain number of pre purchased trips. The global transit cards market is expected to witness a robust growth rate during the forecast period due to the emerging trend of the use of contactless transit cards in transportation. Compared to the contact based cards, this contactless smart cards are easy and convenient to use. These contactless transit cards have become the preferred choice for transportation owing to the fact that they enable fast identification of the individual. It also allows fast fare payment allowing high passenger throughput in less time as these transit cards do not have to be swiped, inserted or scanned by the reader.
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This report aims to provide a comprehensive presentation of the global market for Transit Cards, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Transit Cards. This report contains market size and forecasts of Transit Cards in global, including the following market information:
- Global Transit Cards Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Transit Cards Market Sales, 2018-2023, 2024-2032, (K Units)
- Global top five Transit Cards companies in 2022 (%)
The increase in population and urbanization has resulted in the growing need for mobility. Public transportation has become the most preferred mode of transportation for people to avoid problems such as air pollution and traffic congestion. Traveling by buses, trains, and metros is often more comfortable, convenient, and cost-effective. To make traveling for people more convenient and comfortable, public transport systems use modern ticketing systems such as contactless ticketing, which allows high passenger throughput.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Transit Cards manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Transit Cards Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Transit Cards Market Segment Percentages, by Type, 2022 (%)
- Bus Card
- Subway Card
- Others
Global Transit Cards Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Transit Cards Market Segment Percentages, by Application, 2022 (%)
- Traffic
- Transportation
- Others
Global Transit Cards Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Transit Cards Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Transit Cards revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Transit Cards revenues share in global market, 2022 (%)
- Key companies Transit Cards sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Transit Cards sales share in global market, 2022 (%)
key players include:
- Gemalto
- Watchdata
- Athena
- CardLogix
- Infineon Solutions
Outline of Major Chapters:
Chapter 1: Introduces the definition of Transit Cards, market overview.
Chapter 2: Global Transit Cards market size in revenue and volume.
Chapter 3: Detailed analysis of Transit Cards manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Transit Cards in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Transit Cards capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports
1.1 Transit Cards Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Transit Cards Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Transit Cards Overall Market Size
2.1 Global Transit Cards Market Size: 2022 VS 2032
2.2 Global Transit Cards Revenue, Prospects & Forecasts: 2018-2032
2.3 Global Transit Cards Sales: 2018-2032
3 Company Landscape
3.1 Top Transit Cards Players in Global Market
3.2 Top Global Transit Cards Companies Ranked by Revenue
3.3 Global Transit Cards Revenue by Companies
3.4 Global Transit Cards Sales by Companies
3.5 Global Transit Cards Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Transit Cards Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Transit Cards Product Type
3.8 Tier 1, Tier 2 and Tier 3 Transit Cards Players in Global Market
3.8.1 List of Global Tier 1 Transit Cards Companies
3.8.2 List of Global Tier 2 and Tier 3 Transit Cards Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Transit Cards Market Size Markets, 2022 & 2032
4.1.2 Bus Card
4.1.3 Subway Card
4.
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Industry OVERVIEW OF Transit Cards MARKET 2020 TO 2026:The market intelligence report on the Global Transit Cards Market offers accurate insights into the industry relating to the leading segments, product types, applications, and the leading geographic regions studied in this report, along with the market value, capacity, production, consumption, gross revenue, market dynamics, and forecast until the year 2026.
The Global Transit Cards Market is expected to deliver a steady growth rate in the forecast duration from 2020 to 2026.
In market segmentation by manufacturers, the report covers the following companies-Datacard, Gemalto, Giesecke & Devrient, Watchdata, Athena, CardLogix, Eastcompeace Technology, 4G Identity Solutions, Infineon Solutions, OthersFurthermore, the research report projects the changes in the supply-demand dynamics, market value, market competition, leading market players, and market estimations from 2020 to 2026.
The report has been created after analyzing its essential information in the overall Global Transit Cards market 2020, the vital market aspects influencing the market growth in the coming years.
Our team of expert analysts has scrutinized the Transit Cards market report by referring to the data provided by leading companies.In market segmentation by types of Transit Cards, the report covers-Bus cardSubway cardOthersIn market segmentation by applications of the Transit Cards, the report covers the following uses-TrafficTransportationOthers The following years are used in this study to estimate the size of the Transit Cards market:Historical year: 2016-2018Base year: 2019Estimated year: 2020Forecast years: 2020 to 2026Scope of the Research:The report offers an in-depth assessment of the competitive scenario, taking into consideration the market shares held by leading companies.
It also discusses the supply-demand dynamics and key participants with vital business intelligence and helps them with a research-backed forecast for the global Transit Cards market.The evaluation includes the forecast, a summary of the competitive landscape, the market shares of competitors, as well as the market trends, demands, opportunities and challenges existing in the sector, and elaborate product analysis.
