Transportation Payment Solutions Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

$ PRICE - $ 3,000.00 – $ 8,900.00

Transportation Payment Solutions Market – By Technology (EMV/Magnetic Stripe, NFC, Optical Character Recognition) and Application (Bus, Car, Toll, Air Travel, Ship, Train) and Geography

Request Sample

Request Methodology

Request Sample

$ PRICE - $ 3,000.00 – $ 8,900.00

Clear selection

SKU: N/A Category: Automotives Tag: Transportation Payment Solutions Market

Description
Table Of Content
Company Profile

Report

Description

The global transportation payment solutions market is estimated to be valued at USD 5,266.6 million in 2021 and is poised to grow at a significant CAGR of 16.8% over 2022-2028. Transportation payment solutions are a sort of payment system in which money transactions took via digital methods while transportation. This kind of digital payment can also be referred to as an electronic payment solution during transportation because there will be no actual currency involved. The contactless payment system is anticipated to show a significant growth in the market forecast owing to public convenience and safety and consumes less time to process. Moreover, the players are focusing on technological advancements to maintain growth in the market. For instance, in February 2022 – Transtura acquires WazoMoney, to launch payment solutions for the mobility sector. Huge demand for transportation payment solutions in the travel and tourism industries and increasing digitalization of the transportation sector are the key driving factors for the high adoption of transportation payment solutions across the world.

Recent Market Developments:

In February 2022, MercuryGate International, Inc. added smart transportation features, such as embedded analytics, artificial intelligence, and machine learning, to its transportation management solution. The enhanced solution was designed to provide real-time insights into global and local supply chain requirements.

Transportation Payment Solutions Market

MARKET SUMMARY

16.8% CAGR

Study Period– 2022 – 2028
Base Year– 2021
CAGR– 16.8%
Largest Market– North America
Fastest Growing Market– Asia Pacific

Transportation Payment Solutions Market

The transportation payment solutions market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
The transportation payment solutions market is segmented based on product type, distribution channel, and geography.

Key Players

Ingenico
LTK Engineering Services
Kapsch Aktiengesellschaft
Longbow Technologies Sdn. Bhd
Payvision and Snapper Services Ltd

Transportation Payment Solutions Market

Dynamics

Transportation Payment Solutions Market is expected to grow at significant CAGR over the forecast years owing to the growing importance of affordable access to rapid transit with the help of smart transit systems. Moreover, the huge demand for transportation payment solutions in the travel and tourism industries and the increasing digitalization of the transportation sector are the key driving factors for the high adoption of transportation payment solutions across the world. Furthermore, Smart tickets offer a cost-effective and efficient way for passengers to manage their travels in public transport. Passengers can also load credit amounts in their tickets in advance for their travel. If the smart ticket is stolen or lost, then users can recover and transfer the amount to another smart card, thereby making it a convenient and secured ticketing application for travelers.

North-America Got Significant Share

Transportation Payment Solutions Market

North America accounted to have the largest share in the global transportation payment solutions market and the market is expected to grow rise at a significant CAGR over the forecast years owing to the increase in COVID-19 cases has been a major setback for the transportation industry. The transportation industry has suffered a significant decline due to most of governments enforce isolation practices. Governments have taken several steps to meet the challenges, by reducing the toll fee, and by putting a no-stop & no-check signs. Moreover, the Asia pacific global transportation payment solution market is holding a significant share owing to transport Payments being supported by the various governments in India, China, Japan, and other APAC countries

Latin-America

North-America

Europe

Asia-Pacific

Middle East

Key

Features of the Report

The report provides granular level information about the market size, regional market share, historic market (2016-2021) and forecast (2022-2028)
The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
The report tracks recent innovations, key developments, and start-up details that are actively working in the market
The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario.

Transportation Payment Solutions Market Segmentation

By Technology

EMV/Magnetic Stripe
NFC
Optical Character Recognition

By end user

Bus
Car
Toll
Air Travel
Ship
Train

By Geography

North America
Europe
Asia Pacific
Latin America
MEA

Location

GEOGRAPHY

Frequently Asked Questions

The CAGR of the transportation payment solutions market is 16.8% over the forecast period (2022 – 2028)

The major players in the global transportation payment solutions market are Payvision, Conduent Business Services, NXP Semiconductors, EOS UPTRADE, Global Mass Transit, Indracompany, Ingenico, Nayax, Xerox Corporation, LG CNS, Longbow Technologies Sdn. Bhd., Atos SE, Samsung SDS and Thales Group.

Asia Pacific is the fastest-growing region for transportation payment solutions market

Report

Table Of Content

1. Executive Summary

2. Global Transportation Payment Solutions Market Introduction

2.1. Global Transportation Payment Solutions Market – Taxonomy

2.2. Global Transportation Payment Solutions Market –Definitions

2.2.1. By Technology

2.2.2. By System

2.2.3. By End User

3. Global Transportation Payment Solutions Market Dynamics

3.1. Drivers

3.2. Restraints

3.3. Opportunities/Unmet Needs of the Market

3.4. Trends

3.5. Global Transportation Payment Solutions Market Dynamic Factors – Impact Analysis

3.6. Global Transportation Payment Solutions Market – Competition Landscape

4. Global Transportation Payment Solutions Market Analysis, 2017-2021 and Forecast, 2022-2028

4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)

4.3. Market Opportunity Analysis

5. Global Transportation Payment Solutions Devices Market, By Technology, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

5.1. Contactless Payment

5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.3. Market Opportunity Analysis

5.2. Magnetic Strip & Bar Coding

5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.2.3. Market Opportunity Analysis

5.3. Near Field Communication

5.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.3.3. Market Opportunity Analysis

5.4. Optical Character Recognition

5.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.4.3. Market Opportunity Analysis

5.5. Smart Card

5.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.5.3. Market Opportunity Analysis

6. Global Transportation Payment Solutions Devices Market, By System, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

6.1. Electronic Tra

6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.1.3. Market Opportunity Analysis

6.2. Electronic Toll Collection

6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.2.3. Market Opportunity Analysis

7. Global Transportation Payment Solutions Devices Market, By End User, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

7.1. Banking, financial services and insurance (BFSI)

7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.1.3. Market Opportunity Analysis

7.2. Retail & eCommerce

7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.2.3. Market Opportunity Analysis

7.3. Transportation & Logistics

7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.3.3. Market Opportunity Analysis

7.4. Healthcare

7.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.4.3. Market Opportunity Analysis

7.5. Telecom & IT

7.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.5.3. Market Opportunity Analysis

7.6. Media & Entertainment

7.6.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.6.3. Market Opportunity Analysis

7.7. Others

7.7.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

7.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.7.3. Market Opportunity Analysis

8. Global Transportation Payment Solutions Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

8.1. North America

8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.1.3. Market Opportunity Analysis

8.2. Europe

8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.2.3. Market Opportunity Analysis

8.3. Asia-Pacific

8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.3.3. Market Opportunity Analysis

8.4. Latin America

8.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.4.3. Market Opportunity Analysis

8.5. Middle East and Africa

8.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.5.3. Market Opportunity Analysis

8.6. Global Transportation Payment Solutions Market – Opportunity Analysis Index, By Technology, System, End User, and Region, 2022-2028

9. North America Fertilizers Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

9.1. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

9.1.1. Contactless Payment

9.1.2. Magnetic Strip & Bar Coding

9.1.3. Near Field Communication

9.1.4. Optical Character Recognition

9.1.5. Smart Card

9.2. System Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

9.2.1. Electronic Tra

9.2.2. Electronic Toll Collection

9.3. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

9.3.1. Banking, financial services and insurance (BFSI)

9.3.2. Retail & eCommerce

9.3.3. Transportation & Logistics

9.3.4. Healthcare

9.3.5. Telecom & IT

9.3.6. Media & Entertainment

9.3.7. Others

9.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

9.4.1. USA

9.4.2. Canada

9.5. North America Fertilizers Market – Opportunity Analysis Index, By Technology, System, End User, and Country, 2022-2028

9.6. North America Fertilizers Market Dynamics – Trends

10. Europe Fertilizers Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

10.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.1.1. Contactless Payment

10.1.2. Magnetic Strip & Bar Coding

10.1.3. Near Field Communication

10.1.4. Optical Character Recognition

10.1.5. Smart Card

10.2. System Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.2.1. Electronic Tra

10.2.2. Electronic Toll Collection

10.3. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

10.3.1. Banking, financial services and insurance (BFSI)

10.3.2. Retail & eCommerce

10.3.3. Transportation & Logistics

10.3.4. Healthcare

10.3.5. Telecom & IT

10.3.6. Media & Entertainment

10.3.7. Others

10.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

10.4.1. Germany

10.4.2. UK

10.4.3. France

10.4.4. Spain

10.4.5. Italy

10.4.6. Russia

10.4.7. Rest of Europe

10.5. Europe Fertilizers Market – Opportunity Analysis Index, By Technology, System, End User, and Country, 2022-2028

10.6. Europe Fertilizers Market Dynamics – Trends

11. Asia-Pacific Fertilizers Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

11.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

11.1.1. Contactless Payment

11.1.2. Magnetic Strip & Bar Coding

11.1.3. Near Field Communication

11.1.4. Optical Character Recognition

11.1.5. Smart Card

11.2. System Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

11.2.1. Electronic Tra

11.2.2. Electronic Toll Collection

11.3. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

11.3.1. Banking, financial services and insurance (BFSI)

11.3.2. Retail & eCommerce

11.3.3. Transportation & Logistics

11.3.4. Healthcare

11.3.5. Telecom & IT

11.3.6. Media & Entertainment

11.3.7. Others

11.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

11.4.1. China

11.4.2. India

11.4.3. Japan

11.4.4. ASEAN

11.4.5. Australia & New Zealand

11.4.6. Rest of Asia-Pacific

11.5. Asia-Pacific Fertilizers Market – Opportunity Analysis Index, By Technology, System, End User, and Country, 2022-2028

11.6. Asia-Pacific Fertilizers Market Dynamics – Trends

12. Latin America Fertilizers Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

12.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

12.1.1. Contactless Payment

12.1.2. Magnetic Strip & Bar Coding

12.1.3. Near Field Communication

12.1.4. Optical Character Recognition

12.1.5. Smart Card

12.2. System Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

12.2.1. Electronic Tra

12.2.2. Electronic Toll Collection

12.3. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

12.3.1. Banking, financial services and insurance (BFSI)

12.3.2. Retail & eCommerce

12.3.3. Transportation & Logistics

12.3.4. Healthcare

12.3.5. Telecom & IT

12.3.6. Media & Entertainment

12.3.7. Others

12.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

12.4.1. Brazil

12.4.2. Mexico

12.4.3. Rest of Latin America

12.5. Latin America Fertilizers Market – Opportunity Analysis Index, By Technology, System, End User, and Country, 2022-2028

12.6. Latin America Fertilizers Market Dynamics – Trends

13. Middle East and Africa Fertilizers Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)

13.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

13.1.1. Contactless Payment

13.1.2. Magnetic Strip & Bar Coding

13.1.3. Near Field Communication

13.1.4. Optical Character Recognition

13.1.5. Smart Card

13.2. System Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

13.2.1. Electronic Tra

13.2.2. Electronic Toll Collection

13.3. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

13.3.1. Banking, financial services and insurance (BFSI)

13.3.2. Retail & eCommerce

13.3.3. Transportation & Logistics

13.3.4. Healthcare

13.3.5. Telecom & IT

13.3.6. Media & Entertainment

13.3.7. Others

13.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

13.4.1. Gulf Cooperation Council (GCC) Countries

13.4.2. South Africa

13.4.3. Rest of MEA

13.5. MEA Fertilizers Market – Opportunity Analysis Index, By Technology, System, End User, and Country, 2022-2028

13.6. MEA Fertilizers Market Dynamics – Trends

14. Competition Landscape

14.1. Strategic Dashboard of Top Market Players

14.2. Company Profiles (Introduction, Financial Analysis, Key Offerings, Key Developments, Strategies, and SWOT Analysis)

14.2.1. Payvision

14.2.2. Conduent Business Services

14.2.3. NXP Semiconductors

14.2.4. EOS UPTRADE

14.2.5. Global Mass Transit

14.2.6. Indracompany

14.2.7. Ingenico

14.2.8. Nayax

14.2.9. Xerox Corporation

14.2.10. LG CNS

14.2.11. Longbow Technologies Sdn. Bhd.

14.2.12. Atos SE

14.2.13. Samsung SDS

14.2.14. Thales Group

15. Research Methodology

16. Key Assumptions and Acronyms

Description
Reviews (0)

Description

Recent Market Developments:

Reviews

There are no reviews yet.

Be the first to review “Transportation Payment Solutions Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)”

search

Transportation Payment Solutions Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

Description

Transportation Payment Solutions Market

Dynamics

Transportation Payment Solutions Market

Features of the Report

By Technology

By end user

By Geography

GEOGRAPHY

Frequently Asked Questions

Table Of Content

Company Profile

Description

Reviews

Product categories

Our Clients

ASIA PACIFIC OFFICE

EUROPE OFFICE