About the Transit Cards Market The increase in population and urbanization has resulted in the growing need for mobility. Public transportation has become the most preferred mode of transportation for people to avoid problems such as air pollution and traffic congestion. Traveling by buses, trains, and metros is often more comfortable, convenient, and cost-effective. To make traveling for people more convenient and comfortable, public transport systems use modern ticketing systems such as contactless ticketing, which allows high passenger throughput. A smart card is a pocket-sized card with either an embedded integrated circuit called a microcontroller chip, which has an internal memory, or a secured memory chip. Smart cards are used mainly for security purposes for authentication, identification, data storage, and application processing. With an embedded microcontroller chip, smart cards store large amounts of data; carry out their own on-card functions such as decryption, data storage and management, digital signature calculations, and encryption; and interact quickly with a smart card reader. Technavio’s analysts forecast the global transit cards market to... Research Beam Model: Research Beam Product ID: 589091 2500 USD New
Global Transit Cards Market 2016-2020
 

Global Transit Cards Market 2016-2020

Global Transit Cards Market 2016-2020

Category : ICT & Media
Sub Category : Services
Published On : May  2016
Pages : 61

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About the Transit Cards Market
 
The increase in population and urbanization has resulted in the growing need for mobility. Public transportation has become the most preferred mode of transportation for people to avoid problems such as air pollution and traffic congestion. Traveling by buses, trains, and metros is often more comfortable, convenient, and cost-effective. To make traveling for people more convenient and comfortable, public transport systems use modern ticketing systems such as contactless ticketing, which allows high passenger throughput. 
A smart card is a pocket-sized card with either an embedded integrated circuit called a microcontroller chip, which has an internal memory, or a secured memory chip. Smart cards are used mainly for security purposes for authentication, identification, data storage, and application processing. With an embedded microcontroller chip, smart cards store large amounts of data; carry out their own on-card functions such as decryption, data storage and management, digital signature calculations, and encryption; and interact quickly with a smart card reader. 
 
Technavio’s analysts forecast the global transit cards market to grow at a CAGR of 8.06% during the period 2016-2020.
 
Covered in this report 
The report covers the present scenario and the growth prospects of the global transit cards market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of contactless and contact-based smart cards in the transportation sector, especially public transportation. However, it does not consider the revenue generated from contactless POS validators and near-field communication (NFC) payments in the transportation sector.
 
The market is divided into the following segments based on geography: 
• APAC
• Europe
• MEA
• North America 
• South America
 
Technavio's report, Global Transit Cards Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 
 
Key vendors 
• Datacard
• Gemalto
• Giesecke & Devrient
• Watchdata 
 
Other prominent vendors 
• Athena
• CardLogix
• Eastcompeace Technology
• 4G Identity Solutions
• Infineon Technologies
 
Market driver 
• Need to reduce identity duplication
• For a full, detailed list, view our report 
 
Market challenge 
• High cost of implementation
• For a full, detailed list, view our report 
 
Market trend 
• Emergence of contactless smart cards in transportation sector
• For a full, detailed list, view our report 
 
Key questions answered in this report 
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors? 
 
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.


PART 01: Executive summary
Highlights
Market summary

PART 02: Scope of the report
Market overview
Segmentation

PART 03: Market research methodology
Research methodology
Economic indicators

PART 04: Introduction
Key market highlights

PART 05: Market description
Introduction of smart cards
Types of smart cards
Advantages and disadvantages of transit cards
Working flow of smart cards

PART 06: Market landscape
Market overview

PART 07: Market assumptions

PART 08: Life cycle analysis
Life cycle of transit cards

PART 09: Global smart cards market
Share of transit cards in global smart cards market
Global transit cards market
Unit shipment of transit cards

PART 10: Market development
Integration of biometric technologies into smart cards

PART 11: Geographical segmentation
Global transit cards market by geography

PART 12: Market attractiveness
Global transit cards market segmentation by geography
Transit cards market in APAC
Unit shipment of transit cards in APAC
Transit cards market in Europe
Unit shipment of transit cards in Europe
Transit cards market in South America
Unit shipment of transit cards in South America
Transit cards market in North America
Unit shipment of transit cards in North America
Transit cards market in MEA
Unit shipment of transit cards in MEA

PART 13: Buying criteria
Buying criteria for transit cards

PART 14: Market drivers

PART 15: Market challenges

PART 16: Impact of drivers and challenges

PART 17: Market trends
Introduction of hybrid smart cards
Increase in adoption of e-passports
Emergence of contactless smart cards in transportation sector
Introduction of multi-application smart cards
Increased adoption of contactless smart cards in developing countries

PART 18: Impact of trends

PART 19: Five forces model

PART 20: Key vendor analysis
Competitive scenario

PART 21: Vendor matrix

PART 22: Description of leading vendors
Datacard
Gemalto
Giesecke & Devrient
Watchdata

PART 23: Other prominent vendors

PART 24: Appendix
List of abbreviations

PART 25: Explore Technavio

List of Exhibits
Exhibit 01: Market summary for 2015 and 2020
Exhibit 02: Working flow of smart cards
Exhibit 03: Geographic segmentation of global transit cards market
Exhibit 04: Market assumptions
Exhibit 05: Life cycle of transit cards 2015-2016
Exhibit 06: Life cycle of transit cards 2019-2020
Exhibit 07: Global smart cards market 2015-2020 ($ billions)
Exhibit 08: Share of transit cards in global smart cards market 2015 (% share)
Exhibit 09: Global transit cards market 2015-2020 ($ millions)
Exhibit 10: Unit shipment of transit cards 2015-2020 (millions of units)
Exhibit 11: Adoption of biometric-based smart cards in airports
Exhibit 12: Global transit cards market by geography 2015 (% share)
Exhibit 13: Market attractiveness by geography 2015
Exhibit 14: Market attractiveness by geography 2020
Exhibit 15: Global transit cards market segmentation by geography 2015-2020 (% share)
Exhibit 16: Transit cards market in APAC 2015-2020 ($ millions)
Exhibit 17: Unit shipment of transit cards in APAC 2015-2020 (millions of units)
Exhibit 18: Transit cards market in Europe 2015-2020 ($ millions)
Exhibit 19: Unit shipment of transit cards in Europe 2015-2020 (millions of units)
Exhibit 20: Transit cards market in South America 2015-2020 ($ millions)
Exhibit 21: Unit shipment of transit cards in South America 2015-2020 (millions of units)
Exhibit 22: Transit cards market in North America 2015-2020 ($ millions)
Exhibit 23: Unit shipment of transit cards in North America 2015-2020 (millions of units)
Exhibit 24: Transit cards market in MEA 2015-2020 ($ millions)
Exhibit 25: Unit shipment of transit cards in MEA 2015-2020 (millions of units)
Exhibit 26: Buying criteria for transit cards
Exhibit 27: Impact of drivers and challenges
Exhibit 28: Impact of trends
Exhibit 29: Five forces model
Exhibit 30: Vendor products
Exhibit 31: Vendor applications and features
Exhibit 32: Other prominent vendors

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