Automated Fare Collection Market: Projected Growth and Key Trends...

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2025-02-27 12:32:17 - Translate -

Automated Fare Collection Market: Projected Growth and Key Trends (2025-2034)

The global automated fare collection market size is experiencing substantial growth, with a projected value of USD 11.77 billion in 2024. This industry is expected to grow at a compound annual growth rate (CAGR) of 12.50% between 2025 and 2034, ultimately reaching USD 38.22 billion by 2034. The increasing integration of mobile payment solutions into AFC systems is driving much of this growth,...

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