Global Automatic Fare Collection Systems Market 2015-2019

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Global Automatic Fare Collection Systems Market 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Global Automatic Fare Collection Systems Market

2015-2019,please mail us at

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Key Trends

Technavio’s Senior Analyst says, “The Global AFC Systems market shows immense potential for rapid growth in the future because of the presence of certain emerging trends. Outsourcing of AFC solutions is one such trend. The increased adoption and usage of AFC solutions offers new opportunities for vendors. The solution providers have started to outsource services to third-party vendors, who can use the AFC systems to control costs and security. Increased IT process efficiency is another major trend in this market.”

• An automatic fare collection (AFC) system automates the ticketing system in transportation networks. The AFC system improves the transaction rate, provides affordable operations, and enables more efficient fare collection. It also helps to broaden the customer base for transport systems and establishments.

• Technavio's analysts forecast the Global Automatic Fare Collection Systems market to grow at a CAGR of 1.39 percent over the period 2014-2019.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Global Automatic Fare Collection Systems Market 2015-2019

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Vendors

To understand the vendor landscape and for a full list of vendors view our

report:

Global Automatic Fare Collection Systems Market 2015-2019

Cubic Corp.

OMRON Corp.

Thales Group

Cubic was founded in 1949 and is headquartered in San Diego, California, US. It is one of the leading companies engaged in the design, development, manufacture, and sale of high technology electronic systems and products to customers.

OMRON is a Japan-based company that provides automation components, automotive electronic components, equipment, and systems with advanced computing capability, communications, and control technologies. It also offers social systems and healthcare equipment. It manages its worldwide operations through regional management centers in the US, the Netherlands, Singapore, and China.

Thales was founded in 1968 and is headquartered in France. It is engaged in the development, production, and commercialization of products, services, solutions, and equipment for security to the Defense and Aerospace market.

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Market Landscape

• AFC systems are increasingly being adopted across industries.

• Several factors such as the increase in the number of vehicles, lack of structured fare collection process, safety, security, and low-cost infrastructure are contributing to the growth of the Global AFC Systems market.

• The usage of AFC systems is expected to increase across a number of enterprise verticals during the forecast period, with the Government sector being the major adopter.

• AFC solution providers provide AFC systems for the Government sector for use in large and crowded public places, and provide on-street AFC facilities in toll gates.

• Also, government agencies partner with AFC systems solution providers and outsource these solutions.

• Solution providers manage and privatize AFC projects, provide consulting services, and streamline the whole operation.

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Key Buying CriteriaGuest Bloggers

• Authenticity • Delivery • Price• Service

Support

Parameter Details

Cost Effectiveness AFC systems should be cost effective for organizations

Integration

AFC systems should be able to integrate with the existing hardware and other platforms in an organization

Reliability AFC systems should be able to offer uninterrupted service

Security AFC systems should be secure for organizations

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Global Automatic Fare Collection Systems Market

2015-2019

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