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Buses World News

In brief: Worldwide montly news & informations about Buses, Busmakers, Passengers' and the Transport Industry

8.4.06

Market - China - From the Great Wall to city buses

Contactless is finding a home in China

Reston,VA,USA -SecureIDNews, by Andy Williams -Apr 7 2006: -- ... Coupled with ongoing demands that occur as the world’s most populous country rapidly modernizes – has the worldwide smart card industry scrambling to grab a piece of this potentially huge market opportunity... Frost & Sullivan, a research company that provides growth consulting and corporate training solutions, has estimated the Asian and Pacific contactless smart card market to grow from 57.6 million units in 2003 to 453 million units in 2009 for a compounded annual growth rate of 41%...

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