The Asia Pacific Smart Ticketing Market would witness market growth of 16.4% CAGR during the forecast period (2021-2027). Smart ticketing is one of the advance innovations took place in the ticketing system in the transportation, sports, and entertainment sectors.
Smart tickets provide a cost-efficient and effective method to the people for operating their travels in public transport. In addition, passengers can also charge up credit amounts in their tickets prior to their travel. In case of theft or loss of the smart ticket, the users can regain and transfer the amount to another smart card, thus making it a more simple and safe ticketing application for travellers.
The combination of innovative technologies like smartphones, virtual reality, maps, wearables, contactless smart cards, and Artificial Intelligence (AI) in the travel and tourism sector has helped the nations like India, China, Singapore, in significant economic growth. These smart technologies assist this sector to deliver a wide range of services, which can grab the attention of travellers around the globe. There are many transportation authorities in different regions like APAC that complements the growth of the travel & tourism sector by controlling some ambitious projects to reinforce the adoption of smart ticketing systems.
The transport connectivity in APAC witnessed a strong impact due to the COVID-19 pandemic. Numerous government bodies faced massive challenges that allow undetermined and imposing wrenching trade-offs. The COVID-19 pandemic has disrupted the majority of the economies like India, China, Australia, and Japan. The number of countries that imposed travel bans became double in March 2020, resulting in a drastic dip in passenger demand in the transportation industry. With an aim to overcome these challenges, governments have adopted various measures and undertook numerous initiatives in order to curb the transmission of the virus. In China, every type of fare and toll collection has halted. It has adopted no-stop, no-check, and toll-free guidelines for vehicles deployed in emergency activities and food supply chains.
The China market dominated the Asia Pacific Smart Ticketing Software Market by Country 2020, thereby, achieving a market value of $710.4 million by 2027. The Japan market is showcasing a CAGR of 16.4% during (2021 - 2027). Additionally, The India market is poised to witness a CAGR of 17.7% during (2021 - 2027).
Based on Component, the market is segmented into Hardware, Software and Services. Based on Application, the market is segmented into Parking & Transportation and Sports & Entertainment. Parking & Transportation Type is further bifurcated across Roadways, Railways and Airways & Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Smart Ticketing Market is Projected to reach USD 21.1 Billion by 2027, at a CAGR of 15.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Thales Group S.A., NXP Semiconductors N.V., Infineon Technologies AG, Hitachi, Ltd., IDEMIA SAS (Advent International, Inc.), Assa Abloy AB, Giesecke & Devrient GmbH, Atsuke, and Confidex Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Hardware
- Software
- Services
By Application
- Parking & Transportation
- Roadways
- Railways
- Airways & Others
- Sports & Entertainment
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Siemens AG
- Thales Group S.A.
- NXP Semiconductors N.V.
- Infineon Technologies AG
- Hitachi, Ltd.
- IDEMIA SAS (Advent International, Inc.)
- Assa Abloy AB
- Giesecke & Devrient GmbH
- Atsuke
- Confidex Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Smart Ticketing Market, by Component
1.4.2 Asia Pacific Smart Ticketing Market, by Application
1.4.3 Asia Pacific Smart Ticketing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, Mar – 2021, Mar) Leading Players
Chapter 4. Asia Pacific Smart Ticketing Market by Component
4.1 Asia Pacific Smart Ticketing Hardware Market by Country
4.2 Asia Pacific Smart Ticketing Software Market by Country
4.3 Asia Pacific Smart Ticketing Services Market by Country
Chapter 5. Asia Pacific Smart Ticketing Market by Application
5.1 Asia Pacific Parking & Transportation Smart Ticketing Market by Country
5.2 Asia Pacific Smart Ticketing Market by Parking & Transportation Type
5.2.1 Asia Pacific Roadways Smart Ticketing Market by Country
5.2.2 Asia Pacific Railways Smart Ticketing Market by Country
5.2.3 Asia Pacific Airways & Others Smart Ticketing Market by Country
5.3 Asia Pacific Sports & Entertainment Smart Ticketing Market by Country
Chapter 6. Asia Pacific Smart Ticketing Market by Country
6.1 China Smart Ticketing Market
6.1.1 China Smart Ticketing Market by Component
6.1.2 China Smart Ticketing Market by Application
6.1.2.1 China Smart Ticketing Market by Parking & Transportation Type
6.2 Japan Smart Ticketing Market
6.2.1 Japan Smart Ticketing Market by Component
6.2.2 Japan Smart Ticketing Market by Application
6.2.2.1 Japan Smart Ticketing Market by Parking & Transportation Type
6.3 India Smart Ticketing Market
6.3.1 India Smart Ticketing Market by Component
6.3.2 India Smart Ticketing Market by Application
6.3.2.1 India Smart Ticketing Market by Parking & Transportation Type
6.4 South Korea Smart Ticketing Market
6.4.1 South Korea Smart Ticketing Market by Component
6.4.2 South Korea Smart Ticketing Market by Application
6.4.2.1 South Korea Smart Ticketing Market by Parking & Transportation Type
6.5 Singapore Smart Ticketing Market
6.5.1 Singapore Smart Ticketing Market by Component
6.5.2 Singapore Smart Ticketing Market by Application
6.5.2.1 Singapore Smart Ticketing Market by Parking & Transportation Type
6.6 Malaysia Smart Ticketing Market
6.6.1 Malaysia Smart Ticketing Market by Component
6.6.2 Malaysia Smart Ticketing Market by Application
6.6.2.1 Malaysia Smart Ticketing Market by Parking & Transportation Type
6.7 Rest of Asia Pacific Smart Ticketing Market
6.7.1 Rest of Asia Pacific Smart Ticketing Market by Component
6.7.2 Rest of Asia Pacific Smart Ticketing Market by Application
6.7.2.1 Rest of Asia Pacific Smart Ticketing Market by Parking & Transportation Type
Chapter 7. Company Profiles
7.1 Siemens AG
7.1.1 Company Overview
7.1.1 Financial Analysis
7.1.2 Segmental and Regional Analysis
7.1.3 Research & Development Expense
7.1.4 SWOT Analysis
7.2 Thales Group S.A.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research and Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Acquisition and Mergers:
7.3 NXP Semiconductors N.V.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.3.6 SWOT Analysis
7.4 Infineon Technologies AG
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Product Launches and Product Expansions:
7.4.6 SWOT Analysis
7.5 Hitachi, Ltd.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.6 SWOT Analysis
7.6 IDEMIA SAS (Advent International, Inc.)
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.6.2.2 Product Launches and Product Expansions:
7.6.2.3 Acquisition and Mergers:
7.7 Assa Abloy AB
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Acquisition and Mergers:
7.8 Giesecke & Devrient GmbH
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.9 Atsukè
7.9.1 Company Overview
7.10. Confidex Ltd.
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
7.10.2.2 Product Launches and Product Expansions:
TABLE 1 Asia Pacific Smart Ticketing Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Smart Ticketing Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Ticketing Market
TABLE 4 Product Launches And Product Expansions– Smart Ticketing Market
TABLE 5 Acquisition and Mergers– Smart Ticketing Market
TABLE 6 Asia Pacific Smart Ticketing Market by Component, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Smart Ticketing Market by Component, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Smart Ticketing Hardware Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Smart Ticketing Hardware Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Smart Ticketing Software Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Smart Ticketing Software Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Smart Ticketing Services Market by Country, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Smart Ticketing Services Market by Country, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Smart Ticketing Market by Application, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Smart Ticketing Market by Application, 2021 - 2027, USD Million
TABLE 16 Asia Pacific Parking & Transportation Smart Ticketing Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific Parking & Transportation Smart Ticketing Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Smart Ticketing Market by Parking & Transportation Type, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Smart Ticketing Market by Parking & Transportation Type, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Roadways Smart Ticketing Market by Country, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Roadways Smart Ticketing Market by Country, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Railways Smart Ticketing Market by Country, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Railways Smart Ticketing Market by Country, 2021 - 2027, USD Million
TABLE 24 Asia Pacific Airways & Others Smart Ticketing Market by Country, 2017 - 2020, USD Million
TABLE 25 Asia Pacific Airways & Others Smart Ticketing Market by Country, 2021 - 2027, USD Million
TABLE 26 Asia Pacific Sports & Entertainment Smart Ticketing Market by Country, 2017 - 2020, USD Million
TABLE 27 Asia Pacific Sports & Entertainment Smart Ticketing Market by Country, 2021 - 2027, USD Million
TABLE 28 Asia Pacific Smart Ticketing Market by Country, 2017 - 2020, USD Million
TABLE 29 Asia Pacific Smart Ticketing Market by Country, 2021 - 2027, USD Million
TABLE 30 China Smart Ticketing Market, 2017 - 2020, USD Million
TABLE 31 China Smart Ticketing Market, 2021 - 2027, USD Million
TABLE 32 China Smart Ticketing Market by Component, 2017 - 2020, USD Million
TABLE 33 China Smart Ticketing Market by Component, 2021 - 2027, USD Million
TABLE 34 China Smart Ticketing Market by Application, 2017 - 2020, USD Million
TABLE 35 China Smart Ticketing Market by Application, 2021 - 2027, USD Million
TABLE 36 China Smart Ticketing Market by Parking & Transportation Type, 2017 - 2020, USD Million
TABLE 37 China Smart Ticketing Market by Parking & Transportation Type, 2021 - 2027, USD Million
TABLE 38 Japan Smart Ticketing Market, 2017 - 2020, USD Million
TABLE 39 Japan Smart Ticketing Market, 2021 - 2027, USD Million
TABLE 40 Japan Smart Ticketing Market by Component, 2017 - 2020, USD Million
TABLE 41 Japan Smart Ticketing Market by Component, 2021 - 2027, USD Million
TABLE 42 Japan Smart Ticketing Market by Application, 2017 - 2020, USD Million
TABLE 43 Japan Smart Ticketing Market by Application, 2021 - 2027, USD Million
TABLE 44 Japan Smart Ticketing Market by Parking & Transportation Type, 2017 - 2020, USD Million
TABLE 45 Japan Smart Ticketing Market by Parking & Transportation Type, 2021 - 2027, USD Million
TABLE 46 India Smart Ticketing Market, 2017 - 2020, USD Million
TABLE 47 India Smart Ticketing Market, 2021 - 2027, USD Million
TABLE 48 India Smart Ticketing Market by Component, 2017 - 2020, USD Million
TABLE 49 India Smart Ticketing Market by Component, 2021 - 2027, USD Million
TABLE 50 India Smart Ticketing Market by Application, 2017 - 2020, USD Million
TABLE 51 India Smart Ticketing Market by Application, 2021 - 2027, USD Million
TABLE 52 India Smart Ticketing Market by Parking & Transportation Type, 2017 - 2020, USD Million
TABLE 53 India Smart Ticketing Market by Parking & Transportation Type, 2021 - 2027, USD Million
TABLE 54 South Korea Smart Ticketing Market, 2017 - 2020, USD Million
TABLE 55 South Korea Smart Ticketing Market, 2021 - 2027, USD Million
TABLE 56 South Korea Smart Ticketing Market by Component, 2017 - 2020, USD Million
TABLE 57 South Korea Smart Ticketing Market by Component, 2021 - 2027, USD Million
TABLE 58 South Korea Smart Ticketing Market by Application, 2017 - 2020, USD Million
TABLE 59 South Korea Smart Ticketing Market by Application, 2021 - 2027, USD Million
TABLE 60 South Korea Smart Ticketing Market by Parking & Transportation Type, 2017 - 2020, USD Million
TABLE 61 South Korea Smart Ticketing Market by Parking & Transportation Type, 2021 - 2027, USD Million
TABLE 62 Singapore Smart Ticketing Market, 2017 - 2020, USD Million
TABLE 63 Singapore Smart Ticketing Market, 2021 - 2027, USD Million
TABLE 64 Singapore Smart Ticketing Market by Component, 2017 - 2020, USD Million
TABLE 65 Singapore Smart Ticketing Market by Component, 2021 - 2027, USD Million
TABLE 66 Singapore Smart Ticketing Market by Application, 2017 - 2020, USD Million
TABLE 67 Singapore Smart Ticketing Market by Application, 2021 - 2027, USD Million
TABLE 68 Singapore Smart Ticketing Market by Parking & Transportation Type, 2017 - 2020, USD Million
TABLE 69 Singapore Smart Ticketing Market by Parking & Transportation Type, 2021 - 2027, USD Million
TABLE 70 Malaysia Smart Ticketing Market, 2017 - 2020, USD Million
TABLE 71 Malaysia Smart Ticketing Market, 2021 - 2027, USD Million
TABLE 72 Malaysia Smart Ticketing Market by Component, 2017 - 2020, USD Million
TABLE 73 Malaysia Smart Ticketing Market by Component, 2021 - 2027, USD Million
TABLE 74 Malaysia Smart Ticketing Market by Application, 2017 - 2020, USD Million
TABLE 75 Malaysia Smart Ticketing Market by Application, 2021 - 2027, USD Million
TABLE 76 Malaysia Smart Ticketing Market by Parking & Transportation Type, 2017 - 2020, USD Million
TABLE 77 Malaysia Smart Ticketing Market by Parking & Transportation Type, 2021 - 2027, USD Million
TABLE 78 Rest of Asia Pacific Smart Ticketing Market, 2017 - 2020, USD Million
TABLE 79 Rest of Asia Pacific Smart Ticketing Market, 2021 - 2027, USD Million
TABLE 80 Rest of Asia Pacific Smart Ticketing Market by Component, 2017 - 2020, USD Million
TABLE 81 Rest of Asia Pacific Smart Ticketing Market by Component, 2021 - 2027, USD Million
TABLE 82 Rest of Asia Pacific Smart Ticketing Market by Application, 2017 - 2020, USD Million
TABLE 83 Rest of Asia Pacific Smart Ticketing Market by Application, 2021 - 2027, USD Million
TABLE 84 Rest of Asia Pacific Smart Ticketing Market by Parking & Transportation Type, 2017 - 2020, USD Million
TABLE 85 Rest of Asia Pacific Smart Ticketing Market by Parking & Transportation Type, 2021 - 2027, USD Million
TABLE 86 Key Information – Siemens AG
TABLE 87 key information – Thales Group S.A.
TABLE 88 Key Information – NXP Semiconductors N.V.
TABLE 89 Key Information – Infineon Technologies AG
TABLE 90 Key Information – Hitachi, Ltd.
TABLE 91 Key Information – IDEMIA SAS
TABLE 92 Key Information – Assa Abloy AB
TABLE 93 Key Information – Giesecke & Devrient GmbH
TABLE 94 key information – Atsukè
TABLE 95 key information – Confidex Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, Mar – 2021, Mar) Leading Players
FIG 5 Swot analysis: Siemens AG
FIG 6 Swot analysis: NXP semiconductors N.V.
FIG 7 Recent strategies and developments: Infineon Technologies AG
FIG 8 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 9 SWOT Analysis: Hitachi, ltd.
FIG 10 Recent strategies and developments: IDEMIA SAS
FIG 11 Recent strategies and developments: Assa Abloy AB
FIG 12 Recent strategies and developments: Confidex Ltd.