Account Based Ticketing (ABT) is a system that can open up new opportunities and business models, provide access to new markets that were previously out of reach, and provide a platform to address the reduction in the ongoing costs associated with card issuance, as well as system management and maintenance.
ABT can help build a future in which smart ticketing and frictionless travel are the rule, rather than the exception. In such a future, transit systems will automatically charge passengers the most appropriate fare based on a best value calculation. This is often referred to as the concept of a “best fare promise,” with the system always selecting the cheapest ticket for passengers – saving customers money by automatically buying a weekly, monthly, or annual season ticket rather than a lot of singles or returns. Beyond cost savings, an ABT implementation offers passengers a flexible travel experience, allowing them to conveniently alter travel routes on-the-fly. Last, but certainly not least, ABT eliminates the demand for “exact fare” on bus journeys.
According to this study, over the next five years the Account Based Ticketing market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global revenue market share of key companies in Account Based Ticketing business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Account Based Ticketing market by product type, application, key manufacturers and key regions and countries.
This study considers the Account Based Ticketing value generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
This report also splits the market by region:
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Scheidt & Bachmann
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Account Based Ticketing market size by key regions/countries, product type and application.
To understand the structure of Account Based Ticketing market by identifying its various subsegments.
Focuses on the key global Account Based Ticketing players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Account Based Ticketing with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Account Based Ticketing submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.