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...
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