Smart Ticketing Market: Global Revenue, Opportunity, Segment and Key Trends 2025 - 0 views
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aado lfst01 on 05 Jan 19Smart Ticketing Market to grow at CAGR of 14.99% from 2018 to 2023. The smart ticketing market is projected to reach USD 20.4 billion by 2023 from USD 10.1 billion by 2018, at a CAGR of 14.99%. Major drivers for market growth are the affordable access to rapid transit with the help of smart transit systems, huge demand for smart ticketing from travel and tourism industry, advanced technologies in the smart ticketing systems, and upsurge in intelligent transportation market. However, the high setup cost and centralized framework for smart ticketing systems are the factors expected to restrict the growth of the said market.