All the stats, data, facts and figures collected to compose the first class Smart Transportation market report are obtained from the trustworthy sources such as websites, journals, mergers, newspapers and other authentic sources. This industry report provides market data even by considering new product development from beginning to launch. The report also has reviews about key players, major collaborations, merger & acquisitions along with trending innovation and business policies. The business report analyses prospective and opportunities in new geographical market. An excellent Smart Transportation market research report provides statistics on the current state of the industry as a valuable source of guidance and direction for companies and investors interested in this market.
Emerging product trends, major drivers, challenges and opportunities in the market are identified and analysed apparently while producing credible Smart Transportation market analysis report. It helps customers or other market participants to be aware of the problems they may face while operating in the ICT industry over a longer period of time. The market data is analysed and forecasted using well established market statistical and coherent models. The global Smart Transportation business report is generated based on the market type, size of the organization, availability on-premises, the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.
Data Bridge Market Research analyses that the smart transportation market was valued at USD 104.99 billion in 2021 and is further estimated to reach USD 243.70 billion by 2029, and is expected to grow at a CAGR of 11.1% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Driver:
- Technological developments
The IoT architecture, which includes technologies such as data connectivity, cloud, mobility, and sensors, is critical to the effective deployment of smart transportation systems, further accelerating the growth of the smart transportation market.
- Rise in government initiatives
Governments are putting more emphasis on creating smart cities. Governments all around the world are regulating the installation of factory-fitted telematics and safety systems in automobiles as a result of rising road safety concerns and rising auto thefts is further anticipated to propel the growth of the market.
- Growing adoption of connected vehicles
Real-time traffic navigation allows vehicles to communicate with their surroundings, avoiding traffic jams and collisions will further contribute to the market growth.
Some key players mentioned in the report are:
Kapsch Traffic Com (Austria), Gemalto NV (Netherlands), Thales Group (France), Alstom (France), MSR-Traffic GmbH (Germany), Cubic Corporation (U.S.), WS ATKINS PLC (U.K.), Cisco System, Inc. (U.S.), Accenture (Ireland), IBM (U.S.), LG CNS (South Korea), Indigo Group (India), Toshiba Corporation (Japan), Schneider Electric (France), and Siemens (Germany)
Key Insights that Study is going to provide:
· The 360-degree Smart Transportation overview based on a global and regional level
· Market Share & Sales Revenue by Key Players & Emerging Regional Players
· A separate chapter on Market Entropy to gain insights on Leaders aggressiveness towards market [Merger & Acquisition / Recent Investment and Key Developments]
· May vary depending upon availability and feasibility of data with respect to Industry targeted
· Patent Analysis** No of patents / Trademark filed in recent years.
· A complete and useful guide for new market aspirants
· Forecast information will drive strategic, innovative and profitable business plans and SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations
· Various Smart Transportation industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.
Key Market Segmentation:
By Transportation Mode (Roadways, Railways, Airways, Waterways), Application (Mobility as a Service, Route Information and Route Guidance, Public Transport
The countries covered in the Global Smart Transportation Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer Landscape
Geographic Landscape
Key leading countries
Vendor Landscape
Vendor Analysis
Appendix
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