/PRNewswire/ The "Smart Card IC Market Outlook by Type, Architecture, Interface, Application, End User - Global Industry Demand Forecast to 2030" report has.
According to IMARC Group’s latest report, titled “
Transit Cards Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global transit cards market grew at a CAGR of around 5% during 2015-2020. Transit cards are pocket-sized passes or tickets that are issued to passengers to take pre-defined or unlimited trips in trains, metro rails, or buses. These cards are embedded with an integrated circuit, a secured memory chip and a microcontroller. Transit cards enable quick identification and authentication of public transportation systems and are manufactured in different forms, which include contactless, hybrid, contact-based and dual interface cards. As compared to conventional ticketing systems, these cards are more reliable, convenient and reduce the risk of fraudulent activities.
Transit Cards Market Share, Trends, Growth, Sales, Demand, Revenue, Size, Forecast and COVID-19 Impacts to 2021-2026
iCrowd Newswire
According to IMARC Group s latest report, titled
Transit Cards Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 , The global transit cards market grew at a CAGR of around 5% during 2015-2020. Transit cards are pocket-sized passes or tickets that are issued to passengers to take pre-defined or unlimited trips in trains, metro rails, or buses. These cards are embedded with an integrated circuit, a secured memory chip and a microcontroller. Transit cards enable quick identification and authentication of public transportation systems and are manufactured in different forms, which include contactless, hybrid, contact-based and dual interface cards. As compared to conventional ticketing systems, these cards are more reliable, convenient and reduce the risk of fraudulent activities.