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Automated Fare Collection Market Outlook, Scope, Growth, Trends and Opportunity 2024-2032

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The global automated fare collection market size reached US$ 12.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 33.1 Billion by 2032, exhibiting a growth rate (CAGR) of 11.47% during 2024-2032. The market is driven by the growing demand for enhanced operational efficiency in public transportation by eliminating the need for manual fare collection, minim...

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