Expanding digital public transport networks accelerate adoption of automated fare collection systems across urban mobility infrastructure
The global Automated Fare Collection System market, valued at USD 12.80 billion in 2025 , is expected to reach USD 25.40 billion by 2035 , registering a revenue CAGR of 7.1% during the forecast period. Demand is increasing as transit authorities modernize fare payment infrastructure to improve passenger convenience, operational efficiency, and revenue management. Growing urbanization,...
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