The Smart Ticketing Market size was valued at USD 11.73 billion in 2023 and is expected to grow to USD 43.25 billion by 2032 and grow at a CAGR Of 15.6 % over the forecast period of 2024-2032.
The Smart Ticketing Market revolutionizes how people access services by replacing traditional paper tickets with digital or contactless solutions. Applications span transportation, sports, and entertainment events, leveraging technologies like RFID, NFC, and QR codes.
Drivers include increasing smartphone penetration, the demand for cashless payment systems, and the need for efficient ticketing solutions in urban transit systems. Key players include Cubic Corporation, Masabi, and Confidex.
With the push for smart city initiatives and seamless user experiences, the smart ticketing market is poised for robust growth.
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