Vix Technology

Public Transport ITS in Europe and North America - ITS for Buses and Trams is Forecast to Grow at a CAGR of 7.1% to Reach € 4.26 Billion by 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 26, 2024
Public Transport, Rail, Transport, Other Transport, IVU, Climate change, APTA, ITS, Conduent, Vix Technology, Original equipment manufacturer, COVID-19, Siemens Mobility, Society, GPS, Trapeze Software, Software, Daimler, INIT, City, OEM, Cubic Corporation, Volvo, Investment, RATP Smart Systems, GMV, Gillig, Iveco

Approximately 60 billion and 12 billion public transport passenger journeys were carried out in Europe and North America respectively each year before the COVID-19 pandemic.

Key Points: 
  • Approximately 60 billion and 12 billion public transport passenger journeys were carried out in Europe and North America respectively each year before the COVID-19 pandemic.
  • Available transport modes include for example local and regional buses and trolleybuses, regional and suburban rail transport, metros and trams, and local waterborne passenger transport services.
  • In 2021, the number of registered buses and coaches in Europe and North America reached 0.86 million vehicles and 1.0 million vehicles respectively.
  • The economic value of public transport services in Europe is estimated to around € 145-155 billion per year, while the corresponding number in North America is around € 80-90 billion.

Intelligent Transportation Systems Global Market Report 2024 - Market Poised to Reach $52.23 Billion by 2028

Retrieved on: 
Tuesday, February 13, 2024
Vix Technology, ITS, Artificial intelligence, Maas, Investment, Transport, Internet of things, Growth, ADAS, MyBus, Data analysis, Safety, Forecasting, Mobility, Intelligent transportation system, Partnership, Renewable energy

DUBLIN, Feb. 13, 2024 /PRNewswire/ -- The "Intelligent Transportation Systems Global Market Report 2024" has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 13, 2024 /PRNewswire/ -- The "Intelligent Transportation Systems Global Market Report 2024" has been added to ResearchAndMarkets.com's offering.
  • The latest market insights reveal that the Intelligent Transportation Systems (ITS) industry is on a robust upward trajectory, with anticipated growth from $35.52 billion in 2024 to $52.23 billion by 2028.
  • The report provides an exhaustive analysis of the global ITS market, including sectorial performance, regional market shares, and projections for future industry developments.
  • The Intelligent Transportation Systems market is advancing at an impressive pace, with technological innovations and strategic industry maneuvers contributing to the market's growth and diversification.

European and North America Public Intelligent Transport Systems (ITS) Market Report 2022: A ?3.93 Billion Market by 2026 - Pandemic Accelerated Uptake of Modern Ticketing and ITS Solutions

Retrieved on: 
Tuesday, December 13, 2022
RATP Smart Systems, FARA, Iveco, Vix Technology, Transport, Trapeze Software, GPS, Flowbird, Daimler, IVU, Obus, Investment, INIT, Original equipment manufacturer, COVID-19, Gillig, Swarco Raiders Tirol, OEM, Conduent, Best available technology, Volvo, ITS, GMV, Cubic Transportation Systems, Acquisition, Renewable energy, Retail, Pet, Airline, Synthetic oil, Mediterranean Sea, New Flyer

How will the market for intelligent transport systems (ITS) for public transport in Europe and North America evolve in 2022 and beyond?

Key Points: 
  • How will the market for intelligent transport systems (ITS) for public transport in Europe and North America evolve in 2022 and beyond?
  • The estimated market value for ITS deployed in public transport operations in Europe was 2.12 billion in 2021.
  • The North American market for public transport ITS is similarly forecasted to grow at a CAGR of 8.1% from 0.76 billion in 2021 to reach 1.12 billion in 2026.
  • In addition, governments in both Europe and North America see public transport as a prioritised area for investment.

New ‘Arc’ Next Generation Fare Collection System Launches in Edmonton Metropolitan Region

Retrieved on: 
Thursday, December 1, 2022
LRT, Vix, City, Student, Partnership, Arc, Travel, Pulse, Vix Technology, Edmonton Transit Service, Airline, Online shopping, Ridesharing company, Taxicab, Fort Saskatchewan

Arc will ensure riders always benefit from the best fare available for their chosen journey.

Key Points: 
  • Arc will ensure riders always benefit from the best fare available for their chosen journey.
  • The Arc fare collection system unifies the transit rider experience across the participating jurisdictions.
  • The solution is built on Vixs industry-leading fare collection platform, Vix Pulse, an open architecture platform that allows for scalability and integration, supporting multi-modal, multi-operator fare collection, harmonizing account-based ticketing and contactless payments.
  • Carrie Hotton-MacDonald, Edmonton Transit Service Branch Manager, said: The Arc system is a huge leap forward for transit passengers within the region, allowing them to benefit from fare capping across multiple regional agencies, with a system thats both user friendly and seamless in its experience.

Smart Ticketing Global Market Report 2022

Retrieved on: 
Friday, July 8, 2022
Benchmark, Prothrombin complex concentrate, Siemens Mobility, Travel, SC300, COVID-19, Growth, Scheidt & Bachmann Ticket XPress, Cubic Corporation, Tourism, Industry, Orangi Pilot Project, Infineon Technologies, Asia-Pacific, ARM, Vix Technology, World Tourism Organization, SME, Sport, Technology, Organization, Software, UNWTO, NXP Semiconductors, HID Global, Create, Coronavirus, Renewable energy, Marketing, Online shopping, Airline

DUBLIN, July 8, 2022 /PRNewswire/ --The "Smart Ticketing Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, July 8, 2022 /PRNewswire/ --The "Smart Ticketing Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • This report provides strategists, marketers and senior management with the critical information they need to assess the global smart ticketing market.
  • The smart ticketing market consists of sales of the smart ticketing by entities (organizations, sole traders, and partnerships) that refers to a ticketing system where travel tickets are electronically stored on smartphones or smartcards.
  • Technological advancements in smart ticketing systems are a key trend gaining popularity in the smart ticketing market.

New Study from StrategyR Highlights a $15.7 Billion Global Market for Smart Stadiums by 2026

Retrieved on: 
Monday, July 4, 2022
Extrinsic semiconductor, Network management, Event management, Research, Technology, Lumen Technologies, Schneider Electric, Intelligence, NEC, COVID-19, Geography, Marketing, Growth, Fujitsu Ltd. v. Netgear Inc., Forecasting, Building automation, Deployment, GIA, Internet, SAN, Vix Technology, Hawk-Eye, Mount Smart Stadium, CAGR, Cisco Systems, Stadium, Intel, IBM, NXP Semiconductors, Players, Nippon Telegraph and Telephone, Renewable energy, Pet, Software

SAN FRANCISCO, July 4, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Smart Stadiums - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, July 4, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Smart Stadiums - Global Market Trajectory & Analytics" .
  • Preview Registry
    Amid the COVID-19 crisis, the global market for Smart Stadiums estimated at US$5.4 Billion, is projected to reach a revised size of US$15.7 Billion by 2026, growing at a CAGR of 19% over the analysis period.
  • The U.S. Market is Estimated at $2 Billion in 2021, While China is Forecast to Reach $2.8 Billion by 2026
    The Smart Stadiums market in the U.S. is estimated at US$2 Billion in the year 2021.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Vix Technology Launches New Range of Fare Collection Validators

Retrieved on: 
Monday, November 8, 2021
Compliance, American Public Transportation Association, IP65, Industry, QR, Vix, IOT, Technology, EMV, ICM, Travel, NFC, Conference, EXPO, Solution, Flex, LED, Vix Technology, Video game console, Online shopping

ORLANDO, Fla., Nov. 8, 2021 /PRNewswire/ --Vix Technology, a global fare payments solutions provider, today announced the launch of a new range of contactless validation and inspection devices for card-based, account-based, and EMV fare collection.

Key Points: 
  • ORLANDO, Fla., Nov. 8, 2021 /PRNewswire/ --Vix Technology, a global fare payments solutions provider, today announced the launch of a new range of contactless validation and inspection devices for card-based, account-based, and EMV fare collection.
  • Designed to withstand the tough working environments encountered on public transportation networks, the Assure validators offer an intuitive user experience.
  • The Vix Assure validator range consists of four models:
    A simple, compact validator, providing support for contactless EMV cards and mobile devices, as well as the option for card-based and account-based fare collection.
  • VixPulse is anaccount-based ticketing platform featuring an industry-leading fare engine that supports flexible fare policies, multiple transit modes, and stacking fare caps.

ICM Mobility Group Acquires Mobile Ticketing and Payment Specialist Unwire

Retrieved on: 
Friday, June 4, 2021
Military terminology, Military transport, Mobility, Vix Technology, Human activities, Human behavior

COPENHAGEN, Denmark, June 4, 2021 /PRNewswire/ --ICM Mobility Group announces the acquisition of Unwire, joining a group of companies with a portfolio of solutions deployed in over 100 cities around the world, making more efficient journeys and payments for everyone.

Key Points: 
  • COPENHAGEN, Denmark, June 4, 2021 /PRNewswire/ --ICM Mobility Group announces the acquisition of Unwire, joining a group of companies with a portfolio of solutions deployed in over 100 cities around the world, making more efficient journeys and payments for everyone.
  • Unwire is an innovative Danish company founded in 2001, specializing in mobile mobility and payment solutions.
  • Located in Copenhagen, over the last two decades Unwire has implemented mobile mobility and payment solutions for transit agencies around the world, including projects in Dallas and Phoenix, in partnership with other ICM Mobility Group companies.
  • Unwire will retain its brand and independence, whilst benefiting from working closely with other ICM Mobility Group companies including Vix Technology, Kuba, Snapper and Littlepay.

Vix Technology and Miles Team to Deliver Innovative Rider Loyalty Programs

Retrieved on: 
Thursday, September 3, 2020
Vix Technology, VIX, VIX, Public transport, Finance, Money, Academic disciplines

REDWOOD CITY, Calif. and DENVER, Sept. 3, 2020 /PRNewswire/ --Vix Technology ("Vix") and Miles have teamed up to deliver an integrated ticketing and automated rider loyalty and rewards solution for transit agencies across North America.

Key Points: 
  • REDWOOD CITY, Calif. and DENVER, Sept. 3, 2020 /PRNewswire/ --Vix Technology ("Vix") and Miles have teamed up to deliver an integrated ticketing and automated rider loyalty and rewards solution for transit agencies across North America.
  • Transit agencies can gain a clearer, data-driven understanding of their rider base through the Vix and Miles integrated solution.
  • Through the Miles and Vix integration, transit agencies can return to pre-pandemic rider levels more quickly by offering targeted incentives.
  • "The integration of Miles' next-generation mobility loyalty program with Vix's transit ticketing platform allows public transit providers to provide game-changing benefits to customers.

Cubic Signs $394 Million Contract to Revolutionize San Francisco Bay Area Fare Payment

Retrieved on: 
Thursday, September 27, 2018
Transportation in the San Francisco Bay Area, Transportation in California, California, Cubic Transportation Systems, Clipper card, ISO standards, Ubiquitous computing, Metropolitan Transportation Commission, Cubic Corporation, Smart card, Contactless, Vix Technology

SAN DIEGO, Sept. 27, 2018 /PRNewswire/ -- Cubic Corporation (NYSE:CUB) today announced that its Cubic Transportation Systems (CTS) business division has signed a $394 million contract with the San Francisco Bay Area's Metropolitan Transportation Commission (MTC) to deliver next-generation fare payment technology and operational services to the Clipper smart card system serving the Bay Area.

Key Points: 
  • SAN DIEGO, Sept. 27, 2018 /PRNewswire/ -- Cubic Corporation (NYSE:CUB) today announced that its Cubic Transportation Systems (CTS) business division has signed a $394 million contract with the San Francisco Bay Area's Metropolitan Transportation Commission (MTC) to deliver next-generation fare payment technology and operational services to the Clipper smart card system serving the Bay Area.
  • Online fare purchases will be made immediately available for use and an account-based architecture coupled with an open API portal will facilitate creative partnerships and systems extensions.
  • The enhanced readers will be "open payment ready" making way for optional contactless bankcard payments if adopted by the Clipper operators.
  • Cubic Transportation Systems is a leading integrator of payment and information technology and services to create intelligent travel solutions for transportation authorities and operators.