The global smart transportation market size was valued at $63,667 million in 2015, and is projected to reach $237,701 million by 2022, growing at a CAGR of 18.6% from 2016 to 2022. Smart transport consists of intelligent transportation systems (ITSs) that aim to offer innovative and superior services for different modes of transport and traffic management. Use of this system increases the coordination of users and makes them better informed of safer and smarter use of transport networks. Smart transportation is implemented in parking management & guidance, passenger information, and traffic management.
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Leading Players in the Smart Transportation Market:
- Accenture Plc
- Siemens
- IBM
- Cisco Systems
- GE Transportation
- Xerox Corporation
- Cubic Corporation
- Thales S.A.
- Kapsch AG
- Alstom SA
The Smart Transportation market analysis is intended to provide all participants and vendors with pertinent specifics about growth aspects, roadblocks, threats, and lucrative business opportunities that the market is anticipated to reveal in the coming years. This intelligence study also encompasses the revenue share, market size, market potential, and rate of consumption to draw insights pertaining to the rivalry to gain control of a large portion of the market share.
By Solution
- Hybrid Ticketing Management System
- Parking Management & Guidance System
- Integrated Supervision System
- Traffic Management System
By Service
- Business
- Professional
- Cloud
Competitive landscape
The Smart Transportation Industry is extremely competitive and consolidated because of the existence of several established companies that are adopting different marketing strategies to increase their market share. The vendors engaged in the sector are outlined based on their geographic reach, financial performance, strategic moves, and product portfolio. The vendors are gradually widening their strategic moves, along with customer interaction.
Smart Transportation Market Segmented by Region/Country: US, Europe, China, Japan, Middle East & Africa, India, Central & South America
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Points Covered in the Report:
- The pivotal aspects considered in the Global Smart Transportation Market report consist of leading competitors functioning in the Global Smart Transportation market
- The report encompasses company profiles prominently positioned in the global market.
- The sales, corporate strategies, and technological capabilities of leading manufacturers are also mentioned in the report.
- The driving factors for the growth of the Global Smart Transportation Market are explained exhaustively, along with an in-depth account of the end users in the industry.
- The report also explains critical application areas of the market to readers/users.
- The report undertakes a SWOT analysis of the market. In the final section, the report features the opinions and views of industry experts and professionals. The experts also evaluate the export/import policies that might propel the growth of the Global Smart Transportation Market.
- The report on the Global Smart Transportation Market delivers valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Smart Transportation Market Size
2.2 Smart Transportation Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Smart Transportation Market Size by Manufacturers
3.2 Smart Transportation Key Players Head office and Area Served
3.3 Key Players Smart Transportation Product/Solution/Service
3.4 Date of Enter into Smart Transportation Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Smart Transportation Sales by Product
4.2 Global Smart Transportation Revenue by Product
4.3 Smart Transportation Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Smart Transportation Breakdown Data by End User
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