Home
»
Press Room
»
Smart Ticketing Market Size To Reach $31.65Bn By 2030

Smart Ticketing Market Size To Reach $31.65 Billion By 2030

February 2025 | Report Format: Electronic (PDF)

Smart Ticketing Market Growth & Trends

The global smart ticketing market size is expected to reach USD 31.65 billion by 2030, registering a CAGR of 15.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. With the widespread adoption of smartphones, mobile ticketing channels have gained traction, allowing users to purchase, store, and validate tickets directly on their mobile devices, eliminating the need for physical cards or paper tickets. The convenience and ease of use offered by mobile ticketing have contributed to the growth of the market. Smart ticketing systems generate vast amounts of data on passenger journeys, travel patterns, and ticket usage.

Operators leverage this data to gain valuable insights, optimize operations, and improve the overall passenger experience. Data analytics techniques, such as predictive modeling and real-time monitoring, are being applied to enhance efficiency, manage capacity, and offer personalized services, which bode well for smart ticketing companies. Furthermore, smart ticketing systems contribute to sustainability goals by reducing paper waste and supporting efficient transportation planning. They enable the implementation of dynamic pricing strategies, incentivize off-peak travel, and encourage the use of public transportation, ultimately reducing carbon emissions and traffic congestion.

The rising emphasis of various governments on sustainability in operations is expected to drive the demand for online ticketing systems. The COVID-19 pandemic has led to an increased focus on innovation and digital transformation across all industries. The demand for contactless ticketing solutions has increased due to the pandemic as people prioritized hygiene and safety. Contactless smart cards, mobile ticketing applications, and Quick Response (QR) code-based ticketing systems have become popular, replacing traditional paper tickets and cash transactions.

key Request a free sample copy or view report summary: Smart Ticketing Market Report

Smart Ticketing Market Report Highlights

The hardware segment accounted for the largest share of 51.4% in 2024. The deployment of custom and readily available innovative hardware solutions enables transport operators to issue and read tickets via a single interface.
The e-ticket segment held the largest market share in 2024. The pandemic outbreak resulted in a surge in contactless payments and services across industries, including the transportation industry.
The smart card segment dominated the market in 2024. The benefits associated with using smart cards, such as durability, efficiency, and convenience in travel, are expected to drive its growing adoption over the forecast period.
The transportation segment dominated the market in 2024. Smart ticketing systems are safe, agile and help with automated fare collection and resource management.
Europe smart ticketing market dominated the market in 2024 and accounted for a revenue share of 34.48%. The smart ticketing market in Europe was identified as a lucrative region in 2024. The smart ticketing market in Asia Pacific is anticipated to grow at a CAGR of 16.9% during the forecast period.