Latin America Smart Transportation Market is expected to reach a CAGR of 13.6% in the forecast period of 2018 to 2025 and Top Key Players: Cisco System, Inc., Accenture, IBM, LG CNS, Indigo Group,Toshiba Corporation and more...
Industrial Forecasts on Latin America Smart Transportation Industry: A new research report titled, ‘Global Latin America Smart Transportation Market Size, Status and Forecast 2018-2025’ have been added by Reports Monitor to its huge collection of research report with grow significant CAGR during Forecast .The research report analyzes the Global market in terms of its size, status, forecast, trends, competitive scenario, and potential growth opportunities. The Latin America Smart Transportation Market report categorizes the Global market on the basis of type, application, end-user, and region.
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By Solution (Passenger Information Solution, Traffic Management Solution, Parking Management Solution, Smart Ticketing Solution, Insurance Telematics Solution, and Integrated Supervision Solution), By Service (Professional Services and Cloud Services), By Transportation Mode (Railways, Roadways, Waterways, Airways)
Major growing sectors under the market segmentation are as follows:
• In solution, the adoption of traffic management solution is witnessing a robust growth. Rapidly growing traffic congestion, increased urbanization, and growing safety concerns is likely to boost the market for traffic management solution. The objective of integrating this solution is to ensure safety for the road users, and thus provide a decreased and hassle-free travel time to them. Additionally, it improves the traffic flow, ensures transportation system efficiency, thereby enhancing the overall mobility.
• In services, cloud services dominated the Latin America smart transportation market owing to increased need of storing large data on a daily basis. It has been observed that the adoption of cloud services in the transportation industry has optimized the traffic flow and minimized fuel consumption. The segment is likely to remain dominant with the highest CAGR throughout the period.
• In transportation mode, roadways accounted for the maximum share in the year 2017 because of rapidly increase in projects for expanding road networks in the region. Countries such as Panama, Argentina, and Brazil among others are witnessing a notable growth in road infrastructure.
Market Segment by Top Manufacturers, this report covers :
• Kapsch Traffic Com
• Gemalto NV
• Thales Group
• Schneider Electric
• Cubic Corporation
• WS ATKINS PLC
• Cisco System, Inc.
• LG CNS
• Indigo Group
• Toshiba Corporation
The Objective of the Study:
To study and forecast the market size of Latin America Smart Transportation in Global
To analyze the Global key players, SWOT analysis, value and Global Latin America Smart Transportation market share for top players.
To identify significant trends and factors driving or constraining the growth of the market.
To analyze competitive developments such as extensions, contracts, new product launches, mergers, and acquisitions in the market
To strategically analyze each sub-market in regards to the individual growth trends and their influence in the Latin America Smart Transportation market.
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Reasons to Purchase this Report
Analyzing viewpoint of the market with the on-going trends and Porter's five forces analysis.
Market flow which basically considers the factors inducing the present market scenario alongside development prospects of the market in the years to come.
Latin America Smart Transportation Market segmentation analysis including qualitative and quantitative research including the effect of the market aspects.
Competitive developments such as extensions, contracts, new product launches, mergers, and acquisitions in the market.
Some of the major questions are answered:
What are the different types of Latin America Smart Transportation Market?
What are the market trends and major developments patterns equipment’s and products?
Who are the key industry pioneers and what is their overall share in the global Latin America Smart Transportation market?
What are the multiple used case scenarios considered under various end-users and applications for the market?
What are the different sales, marketing, and distribution channels in the global industry?
Browse Detailed TOC, Tables, Figures, Charts and Companies :-
In the end, Latin America Smart Transportation Industry report details the major regions, market scenarios with the product price, revenue, volume, production, supply, demand, market growth rate, and forecast etc. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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