Global Transit Cards Sales Market Report 2020

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.
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 Analysis and Insights: Global Transit Cards Market
The global Transit Cards market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX% during 2021-2026.

Global Transit Cards Scope and Market Size
The global Transit Cards market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Transit Cards market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Transit Cards market is segmented into
Bus Card
Subway Card
Others

Segment by Application, the Transit Cards market is segmented into
Traffic
Transportation
Others

The Transit Cards market is analysed and market size information is provided by regions (countries). Segment by Application, the Transit Cards market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Transit Cards Market Share Analysis
Transit Cards market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Transit Cards business, the date to enter into the Transit Cards market, Transit Cards product introduction, recent developments, etc.

The major vendors covered:
Gemalto
Watchdata
Athena
CardLogix
Infineon Solutions

Frequently Asked Questions