Automated Fare Collection Market Size, Share, Growth Analysis, By Component(Hardware, Software), By Technology(Smart Card, Magnetic Stripe), By System(Ticket Vending Machine (TVM), Ticket Office Machine (TOM)), By Application(Railways & Transportation, Parking), By Regional(North America, Europe) - Industry Forecast 2024-2031

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The market for Automated Fare Collection was estimated to be valued at US$ XX Mn in 2021.

The Automated Fare Collection Market is estimated to grow at a CAGR of XX% by 2028.

The Automated Fare Collection Market is segmented on the basis of Component, Technology, System, Application, Regional.

Based on region, the Automated Fare Collection Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Automated Fare Collection Market are Advanced Card Systems Ltd., Atos SE, Cubic Transportation Systems, GMV, Indra Sistemas SA, LECIP Holdings Corporation, LG Corporation, Siemens AG, Thales Group, Omron Corporation, Masabi Ltd., Nippon Signal, Scheidt & Bachmann GmbH, Samsung SDS Co. Ltd..

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