Strategic Analysis of the US Automated Fare Collection Market in Rail and Urban Transit Systems

Open Payment Systems Rapidly Increasing Adoption Rate

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This strategic insight provides an outlook of growth opportunities in the United States automated fare collection market. Secondary and primary research was conducted, including interviews with suppliers, regulation authorities, and distributors. The study discusses key trends, market drivers, opportunities, and market sizing and forecasts. It also highlights competitive factors and competitor market shares. Key conclusions and a future outlook have been provided. The base year is 2014; the forecast period runs to 2021.

Table of Contents

Executive SummaryKey Findings Market Engineering MeasurementsTechnology Roadmap—eTicketing TechnologiesKey Findings and Future Outlook Research Scope, Objectives, Background, and MethodologyResearch ScopeResearch Aims and ObjectivesKey Questions this Study will AnswerResearch BackgroundResearch MethodologyDefinitions and SegmentationAFC Ecosystem Market DefinitionsTypes of AFC Fare MediaAutomated Fare Collection Market DynamicsUS AFC Market is Dominated by Contactless Smart CardsAFC AdvantagesSteps for AFC ImplementationTypes of AFC SystemsAFC Value ChainThe Future is Open Loop and MultimodalProcurement Criteria—Buy America ActImplications of Buy America on New AFC ProjectsDefining the Customer—Top Transit Agencies List of Identified AFC ProjectsList of Identified AFC Projects (continued)Mega Trends and Industry Convergence ImplicationsImpact of Top 3 Mega Trends on the US AFC MarketDrivers and Restraints—Total AFC MarketMarket sDrivers ExplainedMarket RestraintsRestraints ExplainedIntroduction to Types of eTicketing Systems and Technology TrendsAFC Fare Media Evolution in the United StatesIntroduction to Open Payment SystemsOverview of Open Payment SystemImplementation of an Open Payment Systems in the United StatesUnder-banking is an Open Payment ChallengeIntroduction to Mobile-based TicketingMobile Ticket Implementation in the United StatesIntroduction to NFC eTicketing SystemNFC Market Size and Value for US TAsBig Data Implications for AFCIntroduction to MicropaymentsKey Implications of Technology TrendsAFC Market Size and ForecastsMarket Engineering MeasurementsAFC Market Size by ModeAFC Market Size by Mode (continued)AFC Market Size by Mode and ComponentAFC Market Size by Fare Media AFC Market Size by Fare Media DiscussionAFC Market Size by System TypeAFC Market Size by System Type DiscussionAFC Market Competitive AnalysisUS AFC Competitor StatusAFC Competitive Analysis—Supplier Market ShareCompetitive AnalysisConclusionsKey Conclusions and Future Outlook The Last Word—3 Big PredictionsLegal DisclaimerAppendixMarket Engineering Methodology




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