Automated Fare Collection Market Size, Share, Growth Report (2024–2032)
The size of the worldwide automated fare collecting market was estimated to be about USD 8.20 billion in 2024 and is expected to increase at a compound annual growth rate (CAGR) of roughly 12.44% between 2024 and 2032 to reach around USD 20.97 billion.
Introduction
Automated Fare Collection (AFC) systems streamline the process of fare collection in public transportation, making it...