SAN FRANCISCO, July 4, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Smart Ticketing - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
What's New for 2022?
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to our digital archives and MarketGlass Research Platform
Complimentary updates for one year
Edition: 8; Released: January 2022
Executive Pool: 1408
Companies: 11 - Players covered include Ask Media Group; Confidex Ltd.; CPI Card Group, Inc.; Cubic Corporation; Gemalto NV; Giesecke & Devrient GmbH; Infineon Technologies AG; NXP Semiconductors NV; Oberthur Technologies SA; Xerox Corporation and Others.
Coverage: All major geographies and key segments
Segments: Application (Sports & Entertainment, Transportation); Component (Software & Services, Hardware)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Smart Ticketing Market to Reach $25.9 Billion by 2026
Amid the COVID-19 crisis, the global market for Smart Ticketing estimated at US$11.4 Billion, is projected to reach a revised size of US$25.9 Billion by 2026, growing at a CAGR of 14.6% over the analysis period. Software & Services, one of the segments analyzed in the report, is projected to record a 15.9% CAGR and reach US$20.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hardware segment is readjusted to a revised 11.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.9 Billion in 2021, While China is Forecast to Reach $4.5 Billion by 2026
The Smart Ticketing market in the U.S. is estimated at US$3.9 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.5 Billion by the year 2026 trailing a CAGR of 13.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.2% and 12.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 10.5% CAGR.
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.