What is the current market scenario of “IoT Market in Intelligent Transportation Systems”? Know what to expect from this Industry along with analysis and forecasts

IoT in Intelligent Transportation System Market (Component – Hardware (Sensors, Cameras, Screen/Display, Networking Hardware, and Positioning Hardware; Software (Ticketing, Advanced Driver Assistance, Traffic Management, Operations, Passengers, and Logistics and Fleet Solutions; Services (Support Service, Maintenance and Management Service, and Installation and Integration Service; End-Use Vertical – Roadway, Railway, Airway, and Maritime) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
IOT is increasingly demanding more evolved devices from the semiconductor industry, with long lasting battery technologies, low power consumption, and the ability to accurately process and store data at lower costs. The report segments IoT in transportation into six different segments such as component, products & software services, verticals, solutions, application, and geography. The IoT market in intelligent transportation systems is expected to reach $143.93 billion by 2020 at an estimated CAGR of 8.95% from 2014 to 2020. Africa is the leading region in the overall market, followed by Asia-Pacific (APAC) and the Middle East.

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The report entails the market analysis and forecasts related to the IoT market in intelligent transportation systems by component, product and software service, solution, and application & geography. It also highlights various IoT in transportation solutions such as traffic, asset, ticketing, supervision, operations, passenger information, and maintenance.


The report deals with all the driving factors, restraints, and opportunities for the IoT market in intelligent transportation systems, which is helpful in identifying the trends and key success factors for IoT as a whole. It also profiles the major companies that are active in the field of developing and manufacturing IoT in transportation related products, strategies, financial details, developments, and competitive landscape. It also highlights the winning imperatives and burning issues pertaining to the IoT in transportation sector.

The major players in this field include Garmin International, Ltd. (U.S.), Thales Group (France), TomTom N.V. (The Netherlands), Denso Corp. (Japan), Alcatel-Lucent (France), Sierra Wireless, Inc. (Canada), AT&T, Inc. (U.S.), Verizon Communications (U.S.), Intel Corp. (U.S.), and so on.

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The Report Covers:

The report has information of Global IoT in Intelligent Transportation System Market that comprises of a large number of reputed organizations, firms, vendors, manufacturer and can deliver detail summary of the overall key players who hold major count in terms of revenue, sales, end-user demands, variable market changes, restraining elements, regulatory compliance through their reliable services, products, and post-sale processes. Many trends such as globalization, technology advancement, over-capacity in developed markets, market fragmentation regulation & environmental concerns, and product proliferation are covered in Global IoT in Intelligent Transportation System Market report. The report is also useful for the governments, commercials, manufacturers, residential & industrial consumers and other stakeholders to propose their market-centric strategies in proportion to the estimated and enduring trends in the market.

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Global Market Research Report Explores :

• Important Manufacturers in Global Market : Cisco Systems, Intel Corporation, Cubic Transportation Systems, Siemens AG, Thales Group, TomTom NV, TransCore Holdings, Verizon Telematics, Microsoft Corporation , Garmin Ltd, NEC Corporation, Watson Internet of Things (IBM), Huawei Technologies, Hitachi Transport System and Iteris Inc.
• Product with Type and It’s Subtype
• Status and Outlook for Major Applications / End Users / Usage Area

Market Segmented By Regions: United States, EU, China, Japan, India, South Korea, Taiwan


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