Automated Fare Collection Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32
                     Global Automated Fare 
Collection Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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M ar ke t :  G l ob a l  I ndu st ry  T rend s ,  Shar e ,  S i ze ,  G row t h ,  O pp or t u n i t y  and  Fo rec as t  
2024 - 203 2 , "  t he  g lob a l  au t om a t e d  f a r e  co l l e c t i on  m ar ke t  s iz e  r each ed  U S$  1 2 . 1  
B i l l i on  i n  20 23 .
An  au t o m a t i c  f a r e  co l l ec t i on  ( AF C) sys t em  r e f e r s  t o  a  con t ac t l es s  so f t wa r e - ba sed  
Report t i c ke t i ng  sys t e m  t ha t  i s  us ed  f o r  co l l ec t i ng  f a r e  pay m en t s  wh i le  r ep la c ing  
con ven t i o na l  t i c ke t i ng  so lu t i ons  w i t h  au t om a t ed  t i c ke t i ng .  I t  i s  com m on ly  dep lo yed  
Highlight and a t  e n t r y  and  e x i t  po in t s  o f  pub l i c  t r an spo r t  un i t s  t ha t  con s i s t  o f  a u t om a t i c  ga t e  m ac h ines ,  r ec ha r g in g  t e r m ina l s ,  t i c ke t  check ing  m ach in es  a nd  t i c k e t  vend ing  
m ac h ines .  
Description Thes e  m ach ines  a r e  c om m on ly  co m pa t ib le  w i t h  a  vas t  a r r ay  o f  p aym e n t  m e t h ods  
t ha t  p r ov ide  enh anc ed  c onve n ience  t o  t h e  u se r s .  The i r  us age  a l so  f ac i l i t a t es  
im p r oved  t r ansa c t i on  r a t e  an d  exc e l l en t  o pe r a t i ona l  t r a nsp a r ency  wh i l e  o f f e r i ng  
cos t -  an d  t im e - e f f i c i enc y  t o  t he  t r av e le r s .
Reque st  f o r  a  PDF  sam pl e  o f  t h i s  re por t :  
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Report Description
G l o b a l  A u t o m a t e d  F a r e  C o l l e c t i o n  M a r k e t  T r e n d s :
T h e  g l o b a l  m a r k e t  i s  m a j o r l y  d r i v e n  b y  r a p i d  d i g i t i z a t i o n  a n d  t h e  w i d e s p r e a d  a d o p t i o n  o f  a u t o m a t i o n  a c r o s s  t h e  g l o b e .  W i t h  t h e  b u s y  
a n d  h e c t i c  l i f e s t y l e s  l e d  b y  t h e  w o r k i n g  p r o f e s s i o n a l s ,  t h e r e  h a s  b e e n  a  r i s i n g  n e e d  f o r  c o n v e n i e n t  a n d  u s e r - f r i e n d l y  m o d e s  o f  f a r e  
c o l l e c t i o n  a c r o s s  p u b l i c  t r a n s p o r t  t e r m i n a l s .  T h i s  h a s  i m p e l l e d  t h e  d e p l o y m e n t  o f  A F C  s y s t e m s  a t  t h e  e n t r y  a n d  e x i t  p o i n t s  o f  t r a n s p o r t  
t e r m i n a l s  i n  a n  a t t e m p t  t o  m i n i m i z e  t h e  w a s t a g e  o f  t i m e  w a i t i n g  i n  q u e u e s  a n d  e n s u r e  c o n t a c t l e s s  a n d  h a s s l e - f r e e  p a y m e n t  s o l u t i o n s .  
M o r e o v e r ,  t h e  c o n t i n u a l  d e v e l o p m e n t s  i n  t h e  e x i s t i n g  p u b l i c  t r a n s p o r t  i n f r a s t r u c t u r e  a n d  t h e  w i d e s p r e a d  u s a g e  o f  s m a r t p h o n e  
a p p l i c a t i o n s  f o r  a c c e s s i n g  t r a v e l  r o u t e  i n f o r m a t i o n  a n d  o n l i n e  b o o k i n g  o f  t i c k e t s  a r e  c r e a t i n g  a  p o s i t i v e  o u t l o o k  f o r  t h e  m a r k e t .  
F u r t h e r m o r e ,  t h e  i n c r e a s i n g  i n t e g r a t i o n  o f  a d v a n c e d  t e c h n o l o g i e s  w i t h  A F C  s y s t e m s  i s  a l s o  a c t i n g  a s  a  m a j o r  g r o w t h - i n d u c i n g  f a c t o r .  
F o r  i n s t a n c e ,  t h e  g r o w i n g  p r e f e r e n c e  f o r  o p e n  r o a d  t o l l i n g  ( O R T )  a n d  n e a r - f i e l d  c o m m u n i c a t i o n  ( N F C )  s y s t e m s  a r e  i n c r e a s i n g l y  b e i n g  
d e p l o y e d  a t  t o l l  b o o t h s  t o  f a c i l i t a t e  f r e e - f l o w i n g  t o l l  c o l l e c t i o n  a n d  m i n i m i z e  t r a f f i c  c o n g e s t i o n .  S o m e  o f  t h e  o t h e r  f a c t o r s  c o n t r i b u t i n g  
t o  t h e  m a r k e t  g r o w t h  i n c l u d e  t h e  r i s i n g  d e m a n d  f o r  f a r e  c o l l e c t i o n  s y s t e m s  w i t h  l o w  f r a u d  r a t e s  a n d  t h e  r a p i d  e x p a n s i o n  o f  s m a r t  c i t i e s  
o n  t h e  g l o b a l  l e v e l .
L o o k i n g  f o r w a r d ,  t h e  m a r k e t  i s  e x p e c t e d  t o  r e a c h  a  v a l u e  o f  U S $  3 3 . 1  B i l l i o n  b y  2 0 3 2 ,  r e g i s t e r i n g  a  C A G R  o f  1 1 . 4 7 %  d u r i n g  2 0 2 4 -
2 0 3 2 .  
V i e w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / a u t o m a t e d - f a r e - c o l l e c t i o n - m a r k e t
Breakup by Component:
• Hardware
• Software and Services
 
Breakup by System Type:
• Ticket Vending Machine (TVM)
• Ticket Offi ce Machine (TOM)
Report 
• Fare Gates
Segmentation • IC Cards
Breakup by Technology:
• Smart Card
• Magnetic Str ipe
• Near Field Communication (NFC)
• Others
Breakup by Application:
• Rai lways and Transportat ion
• Parking
• Entertainment
• Others
Report Breakup by Region:
Segmentation • North America
• Asia-Pacifi c
• Europe
• Latin America
• Middle East and Afr ica
• Advanced Card Systems Limited (HNA 
Technology Investments Holdings)
• Atos SE
• Cubic Corporat ion
Competitive • Indra Sistemas SA
• Nippon Signal  Co. Ltd.
Landscape 
• NXP Semiconductors N.V.
with Key • Omron Corporation
Players • Scheidt & Bachmann GmbH
• Siemens AG
• Sony Corporat ion
• STMicroelectronics
• Thales Group.
How has the global automated fare collection market 
performed so far and how will it perform in the coming 
years?
What has been the impact of COVID-19 on the global 
automated fare collection market?
Key What are the key regional markets?
Questions 
Answered in What is the breakup of the market based on the component?
the Report
What is the breakup of the market based on the system 
type?
What is the breakup of the market based on the 
technology?
What is the breakup of the market based on the 
application?
What are the various stages in the value chain of the 
industry?
What are the key driving factors and challenges in the 
industry?
Key 
What is the structure of the global automated fare 
Questions collection market and who are the key players?
Answered in 
What is the degree of competition in the industry?
the Report
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  A u t o m a t e d  F a r e  C o l l e c t i o n  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  C o m p o n e n t
    6 . 1     H a r d w a r e
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     S o f t w a r e  a n d  S e r v i c e s
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  S y s t e m  T y p e
    7 . 1     T i c k e t  V e n d i n g  M a c h i n e  ( T V M )
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
       
    7 . 2     T i c k e t  O f f i c e  M a c h i n e  ( T O M )
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
    7 . 3     F a r e  G a t e s
        7 . 3 . 1  M a r k e t  T r e n d s
        7 . 3 . 2  M a r k e t  F o r e c a s t
    7 . 4     I C  C a r d s
        7 . 4 . 1  M a r k e t  T r e n d s
        7 . 4 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  T e c h n o l o g y
Table of     8 . 1     S m a r t  C a r d        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  F o r e c a s t
    8 . 2     M a g n e t i c  S t r i p e
Contents         8 . 2 . 1  M a r k e t  T r e n d s        8 . 2 . 2  M a r k e t  F o r e c a s t
    8 . 3     N e a r  F i e l d  C o m m u n i c a t i o n  ( N F C )
        8 . 3 . 1  M a r k e t  T r e n d s
        8 . 3 . 2  M a r k e t  F o r e c a s t
    8 . 4     O t h e r s
        8 . 4 . 1  M a r k e t  T r e n d s
        8 . 4 . 2  M a r k e t  F o r e c a s t
9    M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
    9 . 1     R a i l w a y s  a n d  T r a n s p o r t a t i o n
        9 . 1 . 1  M a r k e t  T r e n d s
        9 . 1 . 2  M a r k e t  F o r e c a s t
    9 . 2     P a r k i n g
        9 . 2 . 1  M a r k e t  T r e n d s
        9 . 2 . 2  M a r k e t  F o r e c a s t     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. im a rcg ro u p . co m / a u t o m a t e d - f a re - co l l e c t i o n - ma r ke t / t
o c
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