{"id":880,"date":"2020-03-30T09:20:22","date_gmt":"2020-03-30T09:20:22","guid":{"rendered":"https:\/\/icrowdnewswire.com\/2020\/03\/30\/automated-fare-collection-afc-market-2020-global-analysis-opportunities-and-forecast-to-2026\/"},"modified":"2020-03-30T09:20:22","modified_gmt":"2020-03-30T09:20:22","slug":"automated-fare-collection-afc-market-2020-global-analysis-opportunities-and-forecast-to-2026","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/03\/30\/automated-fare-collection-afc-market-2020-global-analysis-opportunities-and-forecast-to-2026\/","title":{"rendered":"Automated Fare Collection (AFC) Market 2020 Global Analysis, Opportunities And Forecast To 2026"},"content":{"rendered":"

Automated Fare Collection (AFC) <\/strong>Industry<\/strong><\/a><\/p>\n

Description<\/strong><\/p>\n

Wiseguyreports.Com Adds “Automated Fare Collection (AFC) -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” <\/strong>To Its Research Database<\/p>\n

According to Stratistics MRC, the Global Automated Fare Collection (AFC) Market is accounted for $6.38 billion in 2016 and is expected to reach $15.83 billion by 2023 growing at a CAGR of 13.9% during the forecast period. Demand for congestion free transportation systems, reduction in environmental pollution and support from various governments to invest on automated fare collection system are some factors driving the market growth. However, high installation cost and slow growth in emerging countries are hampering the market. Fare collection technology platforms and developments in developing economies will provide ample opportunity for the market to grow.<\/p>\n

On the basis of components, the hardware segment retains the largest market share in automated fare collection industry and is expected to maintain its leading position during the forecast period owing to development in Europe and Asia Pacific region.<\/p>\n

In terms of geography, North America region has been an extremely open and competitive market with regards to the adoption of AFC solutions across major industry applications. This region has been particularly responsive toward adopting the latest technological advancements, such as NFC and magnetic stripes. Moreover, strict government standards and regulations framed for various industries have also driven the growth of this region.<\/p>\n

Some of the key players in this market include<\/strong> Omron Corp, NXP Semiconductors, LG Corporation, GMV, Atos SE, Samsung, Cubic Transportation Systems, Scheidt & Bachmann, Fare Logistics, Siemens AG, Advanced Card Systems, Sony Corporation, Trapeze Group, Vix Technology, Thales Group, Singapore Technologies Electronics Limited Xerox Corporation, Nippon Signal, Masabi Ltd., Indra Sistemas SA, iBlocks Limited and ST Electronics.<\/p>\n

Request for Sample Report @ https:\/\/www.wiseguyreports.com\/sample-request\/2768947-automated-fare-collection-afc-global-market-outlook-2017-2023<\/a><\/strong><\/p>\n

Service Types Covered: <\/strong>
• System Implementation
• Training, Support, and Maintenance
• Managed Services
• Consulting<\/p>\n

Applications Covered: <\/strong>
• Theme Park
• Parking
• Rail and Transport
• Other Applications<\/p>\n

End Users Covered: <\/strong>
• Retail
• Transportation and Logistics
• Media and Entertainment
• Government
• Other End Users<\/p>\n

Systems Covered: <\/strong>
• Fare gates
• Ticket vending machine
• IC cards
• Ticket office machine<\/p>\n

Technologies covered: <\/strong>
• Near-Field Communication (NFC)
• Smart Card
• Optical character recognition (OCR)
• Other Technologies<\/p>\n

Leave a Query @ https:\/\/www.wiseguyreports.com\/enquiry\/2768947-automated-fare-collection-afc-global-market-outlook-2017-2023<\/a><\/strong><\/p>\n

Components covered: <\/strong>
• Software
• Hardware<\/p>\n

Regions Covered: <\/strong>
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa<\/p>\n

What our report offers: <\/strong>
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements<\/p>\n

Buy Now @ https:\/\/www.wiseguyreports.com\/checkout?currency=one_user-USD&report_id=2768947<\/a><\/strong><\/p>\n

Continued…           <\/strong><\/p>\n

 <\/p>\n

Tags: Automated Fare Collection (AFC)<\/a>, Automated Fare Collection (AFC) Industry<\/a>, Automated Fare Collection (AFC) Industry Tr<\/a>, Automated Fare Collection (AFC) Manufacturers<\/a>, Automated Fare Collection (AFC) Prospectus<\/a>, Automated Fare Collection (AFC) Segmentation<\/a><\/p>\n

See Campaign: <\/strong>https:\/\/www.wiseguyreports.com\/sample-request\/2768947-automated-fare-collection-afc-global-market-ou<\/a>
Contact Information:<\/b>
Contact Us:
Sales@Wiseguyreports.Com
Ph: +1-646-845-9349 (Us)
Ph: +44 208 133 9349 (Uk)<\/p>\n

Tags:<\/b>
<\/a>, Research Newswire<\/a>, English<\/a><\/p>\n

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Contact Information:<\/h3>\n

Contact Us:
Sales@Wiseguyreports.Com
Ph: +1-646-845-9349 (Us)
Ph: +44 208 133 9349 (Uk)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Automated Fare Collection (AFC) Industry Description Wiseguyreports.Com Adds “Automated Fare Collection (AFC) -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database According to Stratistics MRC, the Global Automated Fare Collection (AFC) Market is accounted for $6.38 billion in 2016 and is expected to reach $15.83 billion by 2023 growing at … Continue reading Automated Fare Collection (AFC) Market 2020 Global Analysis, Opportunities And Forecast To 2026<\/span><\/a> Continue Reading →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[],"class_list":["post-880","post","type-post","status-publish","format-standard","hentry","category-english","category-research-newswire"],"yoast_head":"\nAutomated Fare Collection (AFC) Market 2020 Global Analysis, Opportunities And Forecast To 2026 - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2020\/03\/30\/automated-fare-collection-afc-market-2020-global-analysis-opportunities-and-forecast-to-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Automated Fare Collection (AFC) Market 2020 Global Analysis, Opportunities And Forecast To 2026 - Business\" \/>\n<meta property=\"og:description\" content=\"Automated Fare Collection (AFC) Industry Description Wiseguyreports.Com Adds “Automated Fare Collection (AFC) -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database According to Stratistics MRC, the Global Automated Fare Collection (AFC) Market is accounted for $6.38 billion in 2016 and is expected to reach $15.83 billion by 2023 growing at … Continue reading Automated Fare Collection (AFC) Market 2020 Global Analysis, Opportunities And Forecast To 2026 Continue Reading →\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ipsnews.net\/business\/2020\/03\/30\/automated-fare-collection-afc-market-2020-global-analysis-opportunities-and-forecast-to-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-30T09:20:22+00:00\" \/>\n<meta name=\"author\" content=\"wiseguyreports\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"wiseguyreports\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/03\/30\/automated-fare-collection-afc-market-2020-global-analysis-opportunities-and-forecast-to-2026\/\",\"url\":\"https:\/\/ipsnews.net\/business\/2020\/03\/30\/automated-fare-collection-afc-market-2020-global-analysis-opportunities-and-forecast-to-2026\/\",\"name\":\"Automated Fare Collection (AFC) Market 2020 Global Analysis, Opportunities And Forecast To 2026 - 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