DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Automated Fare Collection Market by Application, by Service Type, by Technology, by Industry, by Region - Global Forecast to 2021" report to their offering.
The Automated Fare Collection market size is forecast to grow from USD 6.42 Billion in 2016 to USD 11.95 Billion by 2021, at a compound annual growth rate (CAGR) of 13.2%.
The AFC system can increase commuting convenience inter- and intra-city. AFC has the potential to widen customer bases for transport systems and establishments, because end-users gravitate towards solutions that make their lives easier. Overall, an AFC system provides ease to end-users for commuting, and a hassle-free payment collection system to service providers.
The managed services segment is expected to have the largest market share and highest CAGR during the forecast period. The AFC application and services are being increasingly adopted by companies and organizations in various industry verticals such as transportation & logistics; media & entertainment; retail; government; and others. Transportation and logistics is expected to dominate the AFC industry market, contributing the largest market share, during the forecast period.
Companies Mentioned:
- ATOS
- Advanced Card Systems Holdings Limited
- Cubic Corporation
- GMV
- Genfare
- Indra
- Longbow Technologies S/B
- ST Electronics
- Samsung SDS
- Thales Group
Report Structure:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Automated Fare Collection Market Overview
6 Automated Fare Collection Market: Industry Trends
7 Automated Fare Collection Market Analysis, By Application
8 Automated Fare Collection Market Analysis, By Service Type
9 Automated Fare Collection Market Analysis, By Technology
10 Automated Fare Collection Market Analysis, By Industry
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
14 Appendix
For more information visit http://www.researchandmarkets.com/research/9q5fz4/automated_fare.
