Global Transit NFC Mobile Ticketing Report 2021: $1.7 Billion Market

New research estimates that the market size of mobile ticketing for public transport will increase from USD350 million in 2018 to over USD1.7 billion in 2025.

With the spotlight on contactless payments due to the COVID-19 pandemic, the size of mobile ticketing industry has increased by 40 percent.

Around 60 percent of the cities with plans to deploy mobile ticketing are based in Europe.

In the US, of the total cities with plans to deploy NFC-based mobile ticketing, over 80 percent will deploy the solution for the first time.
Digital wallets account for 50 percent of the share in NFC-based mobile ticketing.