Transit Cards Market

According to IMARC Group’s latest report, titled “Transit Cards Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market grew at a CAGR of around 5% during 2015-2020. Transit cards are pocket-sized passes or tickets that are issued to passengers to take pre-defined or unlimited trips in trains, metro rails, or buses. These cards are embedded with an integrated circuit, a secured memory chip and a microcontroller. Transit cards enable quick identification and authentication of public transportation systems and are manufactured in different forms, which include contactless, hybrid, contact-based and dual interface cards. As compared to conventional ticketing systems, these cards are more reliable, convenient and reduce the risk of fraudulent activities.

Request for a PDF sample of this report: https://www.imarcgroup.com/transit-cards-market/requestsample

The significant growth in the transportation industry and the digitization of technologies used for public transportation are among the key factors creating an optimistic outlook for the global transit card market. With the growing requirement for effective passenger mobility solutions, there has been a rise in the demand for modern ticketing systems. Other than this, rapid product innovations, such as the introduction of tamper-resistant transit cards that can only function with a personal identification number (PIN), are contributing to the market growth. Looking forward, IMARC Group expects the global transit cards market to exhibit moderate growth during 2021-2026.

Checkout Now: https://www.imarcgroup.com/checkout?id=3345&method=1

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

  • 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 and Watchdata Group.

Transit Cards 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

Breakup by Region:

  • North America (United States, Canada)
  • Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/transit-cards-market

Note: We are updating our reports, If you want the report with the latest primary and secondary data (2021-2026) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group

30 N Gould St Ste R

Sheridan, WY 82801 USA – Wyoming

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

By Williumson

Best alternatives to Pikashow for movies, web series, marvel Tv shows streaming, try these similar apps like Pikashow for streming online free. It has all genres of channels such as news, entertainment, sports, comedy, etc. Download Now! You Can Read More. Also Read: link html bucin Jio Rockers Pushpa Movie Download Emily Rinaudo WPC2025 y2mate com 2022 Cameron Herren Inatogel ramneek sidhu entrepreneur instagram frances beatrix spade Filmy4web bottled and jarred packaged goods Read Also: Best Alternative APK Of Pikashow For Android Read Also: All About Undertaker’s Wife Michelle McCool