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Automated Fare Collection System Market Worth $12.75 Bn, Globally, by 2027 at 11.6% CAGR: Allied Market Research


 by Application (Bus, Toll, Train, and Car Rental), Component (Hardware, and Software), and Technology Platform (Smart Card, Near Field Communications, Optical Character Recognition (OCR) and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027.  According to the report, the global automated fare collection system industry was estimated at $6.63 billion in 2019, and is expected to hit $12.75 billion by 2027, registering a CAGR of 11.6% from 2020 to 2027.
Drivers, restraints, and opportunities-
Rise in the trend of contactless open payment, increasing demand for smartphones, enhanced transport infrastructure and security system, flexible fare plans, low manpower cost, and less operational time fuel the growth of the global automated fare collection system market. On the other hand, high installation and maintenance cost impede the growth to some extent. Nevertheless, surge in use of high-speed public transport, arrival of digitized payment, and global i ....

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The Worldwide Voice Biometrics Industry is Expected to Grow to $3.9 Billion by 2026 at a CAGR of 22.8% from 2020


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ResearchAndMarkets.com s offering.
The global voice biometrics market size to grow from USD 1.1 billion in 2020 to USD 3.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 22.8% during the forecast period.
The services segment is expected to grow at a higher CAGR during the forecast period
The global voice biometrics market has been segmented by component. The component segment is further categorized into solutions and services. Based on the solutions segment, the market is divided into platform and software. The services segment is further divided into managed services and professional services. The services segment is anticipated to grow at a higher CAGR during the forecast period. The growth of the services segment is governed mainly by the complexity of operations and the surge in the deployment of voice biometrics solutions during the forecast period. ....

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Novusterra Inc. Expands Operational and Marketing Team


Novusterra Inc. Expands Operational and Marketing Team
The growth of the graphene market, and the need for specific applications and development, offers the ability for Company to lead the supply chain development and commercialization
MIAMI, FL / ACCESSWIRE / April 27, 2021 / Novusterra Inc. (Private), a rapidly growing company focused on developing and commercializing high value products and applications from graphene, today announced that it has expanded its team and operational capabilities with the hire of additional personnel related to the build of a full supply chain for graphene distribution. The company has added Michael Laub as Director of Sales and Gloria Lynch as Director of Purchasing to lead the development of a graphene and carbon nanotube distribution supply chain for specific market applications. The company also welcomes Evelyn Nichols as a marketing consultant to assist in brand development. ....

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