Global Transit Cards Author: Elena Anderson, Market Research and Marketing Manager | Upcoming Forecast Report IMARC GroupCopyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved
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Report DescriRpetpioornt Description and Highlights Transit Cards Market Outlook 2026: According to the latest report by IMARC Group, titled \"Transit cards Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,\" the global transit cards market grew at a CAGR of 5% during 2015-2020. A transit card is a compact travel ticket issued to a passenger to take pre-defined or unlimited trips through public transportation. These cards are manufactured using polyvinyl chloride and are equipped with a magnetic strip, smart chip, and a fare payment system to track the pre-paid and balance amount. Transit cards are available in various forms, such as dual interface, contactless, and hybrid. As compared to traditional ticketing systems, transit cards are faster, more convenient, and reduce the risks of fraudulent activities. Request for a PDF sample of this report: https://www.imarcgroup.com/transit-cards-market/requestsample
Report DescriRpetpioornt Description and Highlights Global Transit Cards Market Trends: The global transit cards market is primarily being driven by the growing utilization of contactless cards for public transportation. Contactless transit cards can be motioned over a radio frequency identification device (RFID) for convenience and security purposes as they enable quick identification of an individual. Additionally, rapid urbanization, increasing population, and the rising need for effective passenger mobility solutions are creating a demand for digitized ticketing systems. Moreover, the integration of advanced technologies in the public transportation system is supporting the market growth. For instance, the introduction of tamper-resistant transit cards encoded with a personal identification number (PIN), along with integration with mobile wallets, biometrics, and blockchain solutions, are facilitating a seamless payment process. Looking forward, IMARC Group expects the market to exhibit moderate growth during the next five years.
Report DescriRpetpioornt Description and Highlights Key Market Segmentation: Breakup by Product: •Bus Card •Subway Card •Others Breakup by Type: •Contactless Transit Cards •Contact-based Transit Cards •Combi/Hybrid Transit Cards Breakup by Application: •Transportation •Traffic Management •Others
Report DescriRpetpioornt Description and Highlights Breakup by Region: •North America •Asia Pacific •Europe •Latin America •Middle East and Africa Note: We are updating our research report 2021-2026. If you want to need latest primary and secondary data with Cost Module, Business Strategy, Distribution Channel, etc
Report DescriRpetpioornt Description and Highlights Competitive Landscape: •4G Identity Solutions Private Ltd. (Goldstone Technologies Ltd.) •Beijing Watchdata Co. Ltd. •Cardlogix Corporation •Eastcompeace Technology Co. Ltd •Entrust Corporation •Giesecke & Devrient GmbH •Infineon Technologies AG •Thales Group •Watchdata Group. View Report TOC, Figures and Tables: https://www.imarcgroup.com/transit-cards-market
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Report DescriRpetpioornt Description and Highlights © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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