Global Smart Transportation Market is accounted for $59.07 billion in 2017 and is expected to reach $237.143 billion by 2026 growing at a CAGR of 16.7% during the forecast period.
Smart transportation utilizes information technology and artificial intelligence to efficiently manage and coordinate transportation systems. Smart transportation systems have emerged to be a sustainable solution to serve traffic management issues. These solutions are applicable to both public and private transportation and are critical to economic growth.
Growth in transportation infrastructure, rising megacities, and population and rising number of on-road vehicles are the major key factors driving the market growth. However, lack of standardized and uniform technology may hamper market growth.
Download a sample report Explore further at https://www.premiummarketinsights.com/sample/SMRC00019546
The “Global Smart Transportation Market” is a specialized and in-depth study of the technology, media, and telecommunication industry with a special focus on the global market trend analysis. The global Smart Transportation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Smart Transportation market players and offers key trends and opportunities in the market.
The report also includes the profiles of key Smart Transportation companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of last 3 years, key development in past five years.
The List of Companies:
Cisco Systems, Inc
General Electric Company
Advanced Navigation and Positioning
By Deployment Model, Cloud segment is likely to have a huge demand due to the growing need for storage of data generated through these systems. Cloud solutions have a major impact on traffic management and road safety by using the internet and the storage for traffic-related decision making. Based on geography, Europe is expected to grow significantly during the forecast period due to growing parking issues and growing investments to improve urban transport and traffic infrastructures in this region.
Note: As per client requirement, cross-sectional analysis across all industries or specific geography or ‘country-based’ analysis can be provided as a part of paid customization.
Please place your queries on https://www.premiummarketinsights.com/inquiry/SMRC00019546
The exclusive report on Smart Transportation Market research report has been formulated with the help of extensive primary research (inputs from industry experts, companies, and stakeholders) and secondary research to get a universal view of the market. The report gives in-detailed information across global regions, including North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America & Central America (SCAM). We follow an iterative research methodology model to formulate the report that helps decision makers take sound investment evaluation. Secondary research is carried out using internal and external sources to obtain qualitative and quantitative information of the market backed by the primary interview of KOLs and SME’s. This model negates any drastic deviation in the market estimation and is used to estimate the Smart Transportation Market size and forecasts until 2027.
TABLE OF CONTENTS
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Smart Transportation Market, By Transportation Mode
6 Global Smart Transportation Market, By Service
7 Global Smart Transportation Market, By Product
8 Global Smart Transportation Market, By Component
9 Global Smart Transportation Market, By Platform
10 Global Smart Transportation Market, By Deployment
11 Global Smart Transportation Market, By Technology
12 Global Smart Transportation Market, By Application
13 Global Smart Transportation Market, By Geography
14 Vendor Landscaping
15 Company Profiles
Place Direct Purchase Order for Complete Report at https://www.premiummarketinsights.com/buy/SMRC00019546
Name: Sameer Joshi
Organization: Premium Market Insights
About Premium Market Insights:
Premium Market Insights is a one-stop-shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose the most relevant and cost-effective research reports and solutions from various publishers.