All the stats, data, facts and figures collected to compose the first class North America 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 North America 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 North America 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 North America 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.
Surge in the adoption of advanced technologies to enhance the customer experience, growing need and demand for improved and efficient parking management systems and rising need to formulate a sustainable solution to counter traffic related problems are the major factors attributable to the growth of the smart transportation market. Data Bridge Market Research analyses that the smart transportation market will exhibit a CAGR of 21.93% for the forecast period of 2021-2028.
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Driver:
Rising focus on the technological advancements coupled with ever-rising population base will emerge as the major market growth driving factor. Surge in the number of small and medium scale organizations, increasing demand for integrated security and safety systems for improved public safety, growing infrastructural development especially in the developing economies and surging adoption of internet of things technology will further aggravate the growth of the market.
However, lack of skilled workforce and technological expertise in underdeveloped and developing economies will act as a growth restraint for the market. Lack of standardized and uniform technology and complexities existing in analysing multiple parameters and in monitoring real-time events will yet again hamper the market growth rate. Also, complexities in integration over legacy systems and networks will also hamper the market growth rate.
Some key players mentioned in the report are:
Kapsch TrafficCom AG, Gemalto NV, Thales Group, Alstom, Schneider Electric, Siemens, MSR-Traffic GmbH, Cubic Corporation, WS Atkins Limited, Cisco System, Inc., Accenture, IBM, LG CNS, IndiGo and TOSHIBA CORPORATION
Key Insights that Study is going to provide:
· The 360-degree North America 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 North America Smart Transportation industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.
Key Market Segmentation:
By Solution (Traffic Management Solution, Passenger Information Solution, Smart Ticketing Solution, Parking Management Solution, Integrated Supervision Solution and Insurance Telematics Solution), Service (Cloud Services and Professional Services), Transportation Mode (Roadways, Railways, Airways and Waterways)
The countries covered in the North America 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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