According to IMARC Group’s latest report, tittle “Smart Ticketing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the global smart ticketing market reached a value of US$ 15.83 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 33.3 Billion by 2027, exhibiting at a CAGR of 12.4% during 2022-2027.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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The global smart ticketing market is primarily being driven by significant growth in the entertainment industry, along with the increasing preference for booking tickets online among the masses. Moreover, various technological advancements, such as the launch of mobile applications and websites, e-ticket solutions, digital transaction, biometric and QR code solutions integrated with artificial intelligence (AI) and the Internet of Things (IoT) solutions, are favoring the market growth. Other factors, including the increasing utilization of smart ticketing in the transportation industry, along with the availability of attractive offers and discounts on online ticketing applications, are creating a positive outlook for the market. 

Competitive Landscape:

Confidex Ltd.Cubic CorporationHid Global Corporation (Assa Abloy AB)Hitachi Ltd.Indra Sistemas S.A.Infineon Technologies AGNXP Semiconductors N.V.Rambus IncorporatedScheidt & Bachmann GmbHSoftjourn Inc.Thales Group and Verimatrix.

Key Market Segmentation:

Breakup by Product:

Ticket MachineE-TicketE-KioskRequest TrackerOthers

Breakup by Component:

SoftwareHardware

Breakup by System:

Open Payment SystemSmart CardNear-Field Communication 

Breakup by Application:

Sports and EntertainmentTransportationOthers

Breakup by Region:

North America (United States, Canada)Europe (Germany, France, United Kingdom, Italy, Spain, Others)Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)Latin America (Brazil, Mexico, Others)Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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Key highlights of the report:                                                             

Market Performance (2015-2020)Market Outlook (2022-2027)Market TrendsMarket Drivers and Success FactorsThe Impact of COVID-19 on the Global MarketValue Chain AnalysisStructure of the Global MarketComprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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