Smart Transportation Market by Top Key Players - Accenture PLC, Alstom, SA, Cisco System, Inc., Cubic Corporation, General Electric Company

The Smart Transportation Market was worth USD 46.12 billion in 2014 and is expected to reach approximately USD 348.13 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 25.18% during the forecast period. Smart transportation utilizes data innovation and man-made brainpower to effectively oversee and arrange transportation frameworks.

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The use of smart transportation organize enables the flying out populace to have better learning of the activity for better coordination. Moreover, the utilization of brilliant transportation likewise guarantees security for the drivers. The market is encountering development because of their expanding request over every single geographic area.

Drivers & Restrains:
The worldwide smart transportation market is relied upon to develop fundamentally amid the conjecture time frame. The market is essentially being driven because of the rising interest for productive transportation organizes over the globe. Likewise, the development in offer of autos is bringing about movement clog. This consequently is developing the interest for smart transportation showcase.

Different governments, for example, the UK government have demonstrated their enthusiasm to actualize smart transportation organizes over their nations. In addition, the developing thought of building brilliant urban areas is additionally making an open door for the smart transportation advertise.

Key Players that operate in this market are: Accenture PLC, Alstom, SA, Cisco System, Inc., Cubic Corporation, General Electric Company (GE),Indra Sistema S.A.,IBM, Kapsch, LG CNS Corporation, Xerox

Regional Outlook and Trend Analysis:
North America is expected to show highest share of the market over the forecast period. Rising government interests in transport framework are relied upon to push territorial development over the coming years. The Asia Pacific market is foreseen to witness the quickest development over the conjecture time frame, inferable from a few government activities. Development is moderately higher in China, India, South Korea, and Japan.

The Smart Transportation Market is segmented as follows-

By Solution:
• Ticketing management system
• Parking management system
• Integrated supervision system
• Traffic management system

By Service:
• Cloud services
• Business services
• Professional services

By Region
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa

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Table of Content
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2014-2023)
4.1.2. Canada Market States and Outlook (2014-2023)
4.1.3. Mexico Market States and Outlook (2014-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2014-2023)
4.2.2. France Market States and Outlook (2014-2023)
4.2.3. UK Market States and Outlook (2014-2023)
4.2.4. Russia Market States and Outlook (2014-2023)
4.2.5. Italy Market States and Outlook (2014-2023)
4.2.6. Rest of Europe Market States and Outlook (2014-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2014-2023)
4.3.2. Japan Market States and Outlook (2014-2023)
4.3.3. Korea Market States and Outlook (2014-2023)
4.3.4. India Market States and Outlook (2014-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2014-2023)
4.4.2. Argentina Market States and Outlook (2014-2023)
4.4.3. Columbia Market States and Outlook (2014-2023)
4.4.4. Rest of South America Market States and Outlook (2014-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)

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