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Home Technology Automatic Fare Collection System Market Size, Demand, Report to 2031

Automatic Fare Collection System Market

Automatic Fare Collection System Market Size, Share & Trends Analysis Report By Component (Hardware, Software), By Application (Parking, Transportation and Logistics, Entertainment, Bus, Toll, Train, Car Rental), By Technology (Near-Field Communication (NFC), Magnetic Strips & Tokens, Smartcards, Optical Character Recognition (OCR)), By System (Ticket Vending Machine (TVM), Ticket Office Machine (TOM), Fare Gates, IC Cards), By Vertical (Transportation and logistics, Government, Media and entertainment, Retail, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2023-2031

Report Code: SRTE311DR
Study Period 2019-2031 CAGR 11.20%
Historical Period 2019-2021 Forecast Period 2023-2031
Base Year 2022 Base Year Market Size USD 8.39 Billion
Forecast Year 2031 Forecast Year Market Size USD 21.81 Billion
Largest Market North America Fastest Growing Market Asia-Pacific
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Market Segmentation

  1. Automatic Fare Collection System Market, By Component (2021-2031)
    1. Hardware
    2. Software
  2. Automatic Fare Collection System Market, By Application (2021-2031)
    1. Parking
    2. Transportation and Logistics
    3. Entertainment
    4. Bus
    5. Toll
    6. Train
    7. Car Rental
  3. Automatic Fare Collection System Market, By Technology (2021-2031)
    1. Near-Field Communication (NFC)
    2. Magnetic Strips & Tokens
    3. Smartcards
    4. Optical Character Recognition (OCR)
  4. Automatic Fare Collection System Market, By System (2021-2031)
    1. Ticket Vending Machine (TVM)
    2. Ticket Office Machine (TOM)
    3. Fare Gates
    4. IC Cards
  5. Automatic Fare Collection System Market, By Vertical (2021-2031)
    1. Transportation and logistics
    2. Government
    3. Media and entertainment
    4. Retail
    5. Others
    1. North America
      1. North America Automatic Fare Collection System Market, By Component
        1. Hardware
          1. Software
          2. North America Automatic Fare Collection System Market, By Application
            1. Parking
              1. Transportation and Logistics
                1. Entertainment
                  1. Bus
                    1. Toll
                      1. Train
                        1. Car Rental
                        2. North America Automatic Fare Collection System Market, By Technology
                          1. Near-Field Communication (NFC)
                            1. Magnetic Strips & Tokens
                              1. Smartcards
                                1. Optical Character Recognition (OCR)
                                2. North America Automatic Fare Collection System Market, By System
                                  1. Ticket Vending Machine (TVM)
                                    1. Ticket Office Machine (TOM)
                                      1. Fare Gates
                                        1. IC Cards
                                        2. North America Automatic Fare Collection System Market, By Vertical
                                          1. Transportation and logistics
                                            1. Government
                                              1. Media and entertainment
                                                1. Retail
                                                  1. Others
                                                  2. U.S.
                                                    1. U.S. Automatic Fare Collection System Market, By Component
                                                      1. Hardware
                                                        1. Software
                                                        2. U.S. Automatic Fare Collection System Market, By Application
                                                          1. Parking
                                                            1. Transportation and Logistics
                                                              1. Entertainment
                                                                1. Bus
                                                                  1. Toll
                                                                    1. Train
                                                                      1. Car Rental
                                                                      2. U.S. Automatic Fare Collection System Market, By Technology
                                                                        1. Near-Field Communication (NFC)
                                                                          1. Magnetic Strips & Tokens
                                                                            1. Smartcards
                                                                              1. Optical Character Recognition (OCR)
                                                                              2. U.S. Automatic Fare Collection System Market, By System
                                                                                1. Ticket Vending Machine (TVM)
                                                                                  1. Ticket Office Machine (TOM)
                                                                                    1. Fare Gates
                                                                                      1. IC Cards
                                                                                      2. U.S. Automatic Fare Collection System Market, By Vertical
                                                                                        1. Transportation and logistics
                                                                                          1. Government
                                                                                            1. Media and entertainment
                                                                                              1. Retail
                                                                                                1. Others
                                                                                              2. Canada
                                                                                            2. Europe
                                                                                              1. Europe Automatic Fare Collection System Market, By Component
                                                                                                1. Hardware
                                                                                                  1. Software
                                                                                                  2. Europe Automatic Fare Collection System Market, By Application
                                                                                                    1. Parking
                                                                                                      1. Transportation and Logistics
                                                                                                        1. Entertainment
                                                                                                          1. Bus
                                                                                                            1. Toll
                                                                                                              1. Train
                                                                                                                1. Car Rental
                                                                                                                2. Europe Automatic Fare Collection System Market, By Technology
                                                                                                                  1. Near-Field Communication (NFC)
                                                                                                                    1. Magnetic Strips & Tokens
                                                                                                                      1. Smartcards
                                                                                                                        1. Optical Character Recognition (OCR)
                                                                                                                        2. Europe Automatic Fare Collection System Market, By System
                                                                                                                          1. Ticket Vending Machine (TVM)
                                                                                                                            1. Ticket Office Machine (TOM)
                                                                                                                              1. Fare Gates
                                                                                                                                1. IC Cards
                                                                                                                                2. Europe Automatic Fare Collection System Market, By Vertical
                                                                                                                                  1. Transportation and logistics
                                                                                                                                    1. Government
                                                                                                                                      1. Media and entertainment
                                                                                                                                        1. Retail
                                                                                                                                          1. Others
                                                                                                                                          2. U.K.
                                                                                                                                            1. U.K. Automatic Fare Collection System Market, By Component
                                                                                                                                              1. Hardware
                                                                                                                                                1. Software
                                                                                                                                                2. U.K. Automatic Fare Collection System Market, By Application
                                                                                                                                                  1. Parking
                                                                                                                                                    1. Transportation and Logistics
                                                                                                                                                      1. Entertainment
                                                                                                                                                        1. Bus
                                                                                                                                                          1. Toll
                                                                                                                                                            1. Train
                                                                                                                                                              1. Car Rental
                                                                                                                                                              2. U.K. Automatic Fare Collection System Market, By Technology
                                                                                                                                                                1. Near-Field Communication (NFC)
                                                                                                                                                                  1. Magnetic Strips & Tokens
                                                                                                                                                                    1. Smartcards
                                                                                                                                                                      1. Optical Character Recognition (OCR)
                                                                                                                                                                      2. U.K. Automatic Fare Collection System Market, By System
                                                                                                                                                                        1. Ticket Vending Machine (TVM)
                                                                                                                                                                          1. Ticket Office Machine (TOM)
                                                                                                                                                                            1. Fare Gates
                                                                                                                                                                              1. IC Cards
                                                                                                                                                                              2. U.K. Automatic Fare Collection System Market, By Vertical
                                                                                                                                                                                1. Transportation and logistics
                                                                                                                                                                                  1. Government
                                                                                                                                                                                    1. Media and entertainment
                                                                                                                                                                                      1. Retail
                                                                                                                                                                                        1. Others
                                                                                                                                                                                      2. Germany
                                                                                                                                                                                      3. France
                                                                                                                                                                                      4. Spain
                                                                                                                                                                                      5. Italy
                                                                                                                                                                                      6. Russia
                                                                                                                                                                                      7. Nordic
                                                                                                                                                                                      8. Benelux
                                                                                                                                                                                      9. Rest of Europe
                                                                                                                                                                                    2. APAC
                                                                                                                                                                                      1. APAC Automatic Fare Collection System Market, By Component
                                                                                                                                                                                        1. Hardware
                                                                                                                                                                                          1. Software
                                                                                                                                                                                          2. APAC Automatic Fare Collection System Market, By Application
                                                                                                                                                                                            1. Parking
                                                                                                                                                                                              1. Transportation and Logistics
                                                                                                                                                                                                1. Entertainment
                                                                                                                                                                                                  1. Bus
                                                                                                                                                                                                    1. Toll
                                                                                                                                                                                                      1. Train
                                                                                                                                                                                                        1. Car Rental
                                                                                                                                                                                                        2. APAC Automatic Fare Collection System Market, By Technology
                                                                                                                                                                                                          1. Near-Field Communication (NFC)
                                                                                                                                                                                                            1. Magnetic Strips & Tokens
                                                                                                                                                                                                              1. Smartcards
                                                                                                                                                                                                                1. Optical Character Recognition (OCR)
                                                                                                                                                                                                                2. APAC Automatic Fare Collection System Market, By System
                                                                                                                                                                                                                  1. Ticket Vending Machine (TVM)
                                                                                                                                                                                                                    1. Ticket Office Machine (TOM)
                                                                                                                                                                                                                      1. Fare Gates
                                                                                                                                                                                                                        1. IC Cards
                                                                                                                                                                                                                        2. APAC Automatic Fare Collection System Market, By Vertical
                                                                                                                                                                                                                          1. Transportation and logistics
                                                                                                                                                                                                                            1. Government
                                                                                                                                                                                                                              1. Media and entertainment
                                                                                                                                                                                                                                1. Retail
                                                                                                                                                                                                                                  1. Others
                                                                                                                                                                                                                                  2. China
                                                                                                                                                                                                                                    1. China Automatic Fare Collection System Market, By Component
                                                                                                                                                                                                                                      1. Hardware
                                                                                                                                                                                                                                        1. Software
                                                                                                                                                                                                                                        2. China Automatic Fare Collection System Market, By Application
                                                                                                                                                                                                                                          1. Parking
                                                                                                                                                                                                                                            1. Transportation and Logistics
                                                                                                                                                                                                                                              1. Entertainment
                                                                                                                                                                                                                                                1. Bus
                                                                                                                                                                                                                                                  1. Toll
                                                                                                                                                                                                                                                    1. Train
                                                                                                                                                                                                                                                      1. Car Rental
                                                                                                                                                                                                                                                      2. China Automatic Fare Collection System Market, By Technology
                                                                                                                                                                                                                                                        1. Near-Field Communication (NFC)
                                                                                                                                                                                                                                                          1. Magnetic Strips & Tokens
                                                                                                                                                                                                                                                            1. Smartcards
                                                                                                                                                                                                                                                              1. Optical Character Recognition (OCR)
                                                                                                                                                                                                                                                              2. China Automatic Fare Collection System Market, By System
                                                                                                                                                                                                                                                                1. Ticket Vending Machine (TVM)
                                                                                                                                                                                                                                                                  1. Ticket Office Machine (TOM)
                                                                                                                                                                                                                                                                    1. Fare Gates
                                                                                                                                                                                                                                                                      1. IC Cards
                                                                                                                                                                                                                                                                      2. China Automatic Fare Collection System Market, By Vertical
                                                                                                                                                                                                                                                                        1. Transportation and logistics
                                                                                                                                                                                                                                                                          1. Government
                                                                                                                                                                                                                                                                            1. Media and entertainment
                                                                                                                                                                                                                                                                              1. Retail
                                                                                                                                                                                                                                                                                1. Others
                                                                                                                                                                                                                                                                              2. Korea
                                                                                                                                                                                                                                                                              3. Japan
                                                                                                                                                                                                                                                                              4. India
                                                                                                                                                                                                                                                                              5. Australia
                                                                                                                                                                                                                                                                              6. Taiwan
                                                                                                                                                                                                                                                                              7. South East Asia
                                                                                                                                                                                                                                                                              8. Rest of Asia-Pacific
                                                                                                                                                                                                                                                                            2. Middle East and Africa
                                                                                                                                                                                                                                                                              1. Middle East and Africa Automatic Fare Collection System Market, By Component
                                                                                                                                                                                                                                                                                1. Hardware
                                                                                                                                                                                                                                                                                  1. Software
                                                                                                                                                                                                                                                                                  2. Middle East and Africa Automatic Fare Collection System Market, By Application
                                                                                                                                                                                                                                                                                    1. Parking
                                                                                                                                                                                                                                                                                      1. Transportation and Logistics
                                                                                                                                                                                                                                                                                        1. Entertainment
                                                                                                                                                                                                                                                                                          1. Bus
                                                                                                                                                                                                                                                                                            1. Toll
                                                                                                                                                                                                                                                                                              1. Train
                                                                                                                                                                                                                                                                                                1. Car Rental
                                                                                                                                                                                                                                                                                                2. Middle East and Africa Automatic Fare Collection System Market, By Technology
                                                                                                                                                                                                                                                                                                  1. Near-Field Communication (NFC)
                                                                                                                                                                                                                                                                                                    1. Magnetic Strips & Tokens
                                                                                                                                                                                                                                                                                                      1. Smartcards
                                                                                                                                                                                                                                                                                                        1. Optical Character Recognition (OCR)
                                                                                                                                                                                                                                                                                                        2. Middle East and Africa Automatic Fare Collection System Market, By System
                                                                                                                                                                                                                                                                                                          1. Ticket Vending Machine (TVM)
                                                                                                                                                                                                                                                                                                            1. Ticket Office Machine (TOM)
                                                                                                                                                                                                                                                                                                              1. Fare Gates
                                                                                                                                                                                                                                                                                                                1. IC Cards
                                                                                                                                                                                                                                                                                                                2. Middle East and Africa Automatic Fare Collection System Market, By Vertical
                                                                                                                                                                                                                                                                                                                  1. Transportation and logistics
                                                                                                                                                                                                                                                                                                                    1. Government
                                                                                                                                                                                                                                                                                                                      1. Media and entertainment
                                                                                                                                                                                                                                                                                                                        1. Retail
                                                                                                                                                                                                                                                                                                                          1. Others
                                                                                                                                                                                                                                                                                                                          2. UAE
                                                                                                                                                                                                                                                                                                                            1. UAE Automatic Fare Collection System Market, By Component
                                                                                                                                                                                                                                                                                                                              1. Hardware
                                                                                                                                                                                                                                                                                                                                1. Software
                                                                                                                                                                                                                                                                                                                                2. UAE Automatic Fare Collection System Market, By Application
                                                                                                                                                                                                                                                                                                                                  1. Parking
                                                                                                                                                                                                                                                                                                                                    1. Transportation and Logistics
                                                                                                                                                                                                                                                                                                                                      1. Entertainment
                                                                                                                                                                                                                                                                                                                                        1. Bus
                                                                                                                                                                                                                                                                                                                                          1. Toll
                                                                                                                                                                                                                                                                                                                                            1. Train
                                                                                                                                                                                                                                                                                                                                              1. Car Rental
                                                                                                                                                                                                                                                                                                                                              2. UAE Automatic Fare Collection System Market, By Technology
                                                                                                                                                                                                                                                                                                                                                1. Near-Field Communication (NFC)
                                                                                                                                                                                                                                                                                                                                                  1. Magnetic Strips & Tokens
                                                                                                                                                                                                                                                                                                                                                    1. Smartcards
                                                                                                                                                                                                                                                                                                                                                      1. Optical Character Recognition (OCR)
                                                                                                                                                                                                                                                                                                                                                      2. UAE Automatic Fare Collection System Market, By System
                                                                                                                                                                                                                                                                                                                                                        1. Ticket Vending Machine (TVM)
                                                                                                                                                                                                                                                                                                                                                          1. Ticket Office Machine (TOM)
                                                                                                                                                                                                                                                                                                                                                            1. Fare Gates
                                                                                                                                                                                                                                                                                                                                                              1. IC Cards
                                                                                                                                                                                                                                                                                                                                                              2. UAE Automatic Fare Collection System Market, By Vertical
                                                                                                                                                                                                                                                                                                                                                                1. Transportation and logistics
                                                                                                                                                                                                                                                                                                                                                                  1. Government
                                                                                                                                                                                                                                                                                                                                                                    1. Media and entertainment
                                                                                                                                                                                                                                                                                                                                                                      1. Retail
                                                                                                                                                                                                                                                                                                                                                                        1. Others
                                                                                                                                                                                                                                                                                                                                                                      2. Turkey
                                                                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                                                                                      1. LATAM Automatic Fare Collection System Market, By Component
                                                                                                                                                                                                                                                                                                                                                                        1. Hardware
                                                                                                                                                                                                                                                                                                                                                                          1. Software
                                                                                                                                                                                                                                                                                                                                                                          2. LATAM Automatic Fare Collection System Market, By Application
                                                                                                                                                                                                                                                                                                                                                                            1. Parking
                                                                                                                                                                                                                                                                                                                                                                              1. Transportation and Logistics
                                                                                                                                                                                                                                                                                                                                                                                1. Entertainment
                                                                                                                                                                                                                                                                                                                                                                                  1. Bus
                                                                                                                                                                                                                                                                                                                                                                                    1. Toll
                                                                                                                                                                                                                                                                                                                                                                                      1. Train
                                                                                                                                                                                                                                                                                                                                                                                        1. Car Rental
                                                                                                                                                                                                                                                                                                                                                                                        2. LATAM Automatic Fare Collection System Market, By Technology
                                                                                                                                                                                                                                                                                                                                                                                          1. Near-Field Communication (NFC)
                                                                                                                                                                                                                                                                                                                                                                                            1. Magnetic Strips & Tokens
                                                                                                                                                                                                                                                                                                                                                                                              1. Smartcards
                                                                                                                                                                                                                                                                                                                                                                                                1. Optical Character Recognition (OCR)
                                                                                                                                                                                                                                                                                                                                                                                                2. LATAM Automatic Fare Collection System Market, By System
                                                                                                                                                                                                                                                                                                                                                                                                  1. Ticket Vending Machine (TVM)
                                                                                                                                                                                                                                                                                                                                                                                                    1. Ticket Office Machine (TOM)
                                                                                                                                                                                                                                                                                                                                                                                                      1. Fare Gates
                                                                                                                                                                                                                                                                                                                                                                                                        1. IC Cards
                                                                                                                                                                                                                                                                                                                                                                                                        2. LATAM Automatic Fare Collection System Market, By Vertical
                                                                                                                                                                                                                                                                                                                                                                                                          1. Transportation and logistics
                                                                                                                                                                                                                                                                                                                                                                                                            1. Government
                                                                                                                                                                                                                                                                                                                                                                                                              1. Media and entertainment
                                                                                                                                                                                                                                                                                                                                                                                                                1. Retail
                                                                                                                                                                                                                                                                                                                                                                                                                  1. Others
                                                                                                                                                                                                                                                                                                                                                                                                                  2. Brazil
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Brazil Automatic Fare Collection System Market, By Component
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Hardware
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Software
                                                                                                                                                                                                                                                                                                                                                                                                                        2. Brazil Automatic Fare Collection System Market, By Application
                                                                                                                                                                                                                                                                                                                                                                                                                          1. Parking
                                                                                                                                                                                                                                                                                                                                                                                                                            1. Transportation and Logistics
                                                                                                                                                                                                                                                                                                                                                                                                                              1. Entertainment
                                                                                                                                                                                                                                                                                                                                                                                                                                1. Bus
                                                                                                                                                                                                                                                                                                                                                                                                                                  1. Toll
                                                                                                                                                                                                                                                                                                                                                                                                                                    1. Train
                                                                                                                                                                                                                                                                                                                                                                                                                                      1. Car Rental
                                                                                                                                                                                                                                                                                                                                                                                                                                      2. Brazil Automatic Fare Collection System Market, By Technology
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Near-Field Communication (NFC)
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Magnetic Strips & Tokens
                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Smartcards
                                                                                                                                                                                                                                                                                                                                                                                                                                              1. Optical Character Recognition (OCR)
                                                                                                                                                                                                                                                                                                                                                                                                                                              2. Brazil Automatic Fare Collection System Market, By System
                                                                                                                                                                                                                                                                                                                                                                                                                                                1. Ticket Vending Machine (TVM)
                                                                                                                                                                                                                                                                                                                                                                                                                                                  1. Ticket Office Machine (TOM)
                                                                                                                                                                                                                                                                                                                                                                                                                                                    1. Fare Gates
                                                                                                                                                                                                                                                                                                                                                                                                                                                      1. IC Cards
                                                                                                                                                                                                                                                                                                                                                                                                                                                      2. Brazil Automatic Fare Collection System Market, By Vertical
                                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Transportation and logistics
                                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Government
                                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Media and entertainment
                                                                                                                                                                                                                                                                                                                                                                                                                                                              1. Retail
                                                                                                                                                                                                                                                                                                                                                                                                                                                                1. Others
                                                                                                                                                                                                                                                                                                                                                                                                                                                              2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                                                                              3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                                                                              4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                                                                              5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                                                                              6. Rest of LATAM

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