- The growing demand for seamless travel experiences and multimodal ticketing options is driving innovation across public and private transit systems
- Governments and transit authorities are increasingly investing in smart transportation infrastructure, including NFC, QR-code scanning, and RFID-based systems
- North America dominated the transport electronic (e)-ticket market with the largest revenue share in 2024, driven by the modernization of public transport systems and the increasing adoption of contactless technologies across major cities
- Europe region is expected to witness the highest growth rate in the global transport electronic (E)-ticket market, driven by rising adoption of smart mobility solutions, supportive regulations for contactless payments, and the growing trend of sustainable urban transit
- The smart card segment dominated the market with the largest market revenue share in 2024, owing to its widespread usage in well-established public transport systems. Smart cards are widely preferred for their convenience, reusability, and quick validation during boarding, significantly reducing wait times in high-volume transit networks. Several metropolitan rail and bus networks continue to promote smart cards as a core component of their fare management systems due to their ability to store data securely and integrate with offline access points
