Press release
2018 Smart Transportation Market with Expected CAGR of 19.7% By Top Key Players: Kapsch Traffic Com, Gemalto NV, Thales Group, Alstom, Schneider Electric, Siemens Ltd., MSR-Traffic
Global smart transportation market is expected to reach a CAGR of “19.7%” in the forecast period of 2019 to 2026. The new market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.“The smart transportation is one of the most crucial and equipped with ITS (Intelligent Transportation System) based applications. It is connected wirelessly with Internet of Things (IoT) vertical technology. The main purpose is to collect data and controlling the real-time conditions to improve performance and others. The smart sensor offers a wide range of applications in road transport including infrastructure, traffic management, mobility management, car navigation, container management systems, automatic number plate recognition and security CCTV systems applications.”
Smart Transportation Market research report highlights the major details and provides in-depth analysis of the market along with the future growth and prospects. The reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as analyzing and understanding the market trends and demands analysis.
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This report focuses on the Smart Transportation Market in global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa and more. This report categorizes the market based on manufacturers, regions, solution, service and transportation mode.
The key market players for global Smart Transportation market are listed below:
• Kapsch Traffic Com
• Gemalto NV
• Thales Group
• Alstom
• Schneider Electric
• Siemens Ltd.
• MSR-Traffic
• Cubic Corporation
• WS ATKINS PLC
• Cisco System, Inc.
• Accenture
• IBM
• LG CNS and more….
Market Segmentation BySolution:
• Traffic Management Solution
• Passenger Information Solution
• Smart Ticketing Solution
• Parking Management Solution
• Integrated Supervision Solution
• Insurance Telematics Solution
Market Segmentation ByService:
• Cloud Services
• Professional Services
Market Segmentation ByTransportation Mode:
• Roadways
• Railways
• Airways
• Waterways
Major growing sectors under the market segmentation are as follows:
• In solution, traffic management solution segment is highly used due to increasing demand for monitor various roadways as well as controlling traffic congestion. Because of this traffic management solution market is growing at the highest CAGR
• In service, cloud services segment are growing at the highest CAGR due to increasing demand for managing traffic control with the help of cloud based intelligent transportation systems.
• In transportation, airways segment is growing with highest CAGR rate due to growing developments and high usage of smart technologies in areas such as North America, Europe and other regions.
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Table of Content:
1 INTRODUCTION 23
1.1 OBJECTIVES OF THE STUDY 23
1.2 MARKET DEFINITION 23
1.3 OVERVIEW OF GLOBAL SMART TRANSPORTATION MARKET 23
1.4 CURRENCY AND PRICING 24
1.5 LIMITATION 24
1.6 MARKETS COVERED 25
2 MARKET SEGMENTATION 27
2.1 MARKETS COVERED 27
2.2 GEOGRAPHICAL SCOPE 28
2.3 YEARS CONSIDERED FOR THE STUDY 29
2.4 CURRENCY AND PRICING 29
2.5 RESEARCH METHODOLOGY 30
2.6 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 33
2.7 DBMR MARKET POSITION GRID 34
2.8 DBMR MARKET CHALLENGE MATRIX 35
2.9 SECONDARY SOURCES 36
2.10 ASSUMPTIONS 36
3 MARKET OVERVIEW 37
3.1 DRIVERS 39
3.1.1 INCREASE IN URBANIZATION 39
3.1.2 RISING SMART CITY INITIATIVES BY THE GOVERNMENT 40
3.1.3 GROWTH IN TRANSPORTATION INFRASTRUCTURE IN EMERGING MARKET 40
3.2 RESTRAINTS 41
3.2.1 ROAD NETWORK NEEDS LARGE DATABASE 41
3.2.2 HIGH CAPITAL INVESTMENT 41
3.3 OPPURTUNITY 42
3.3.1 INITIATION OF PARKING MANAGEMENT SYSTEM 42
3.4 CHALLENGES 42
3.4.1 ABSENCE OF SECURE TRANSPORTATION 42
TOC Continued…..
List of Tables and Figures:
TABLE 1 GLOBAL SMART TRANSPORTATION MARKET, BY SOLUTION, 2016– 2025 (USD MILLION) 51
TABLE 2 GLOBAL TRAFFIC MANAGEMENT SOLUTION IN SMART TRANSPORTATION MARKET, BY REGION, MILLION, (2016-2025) 52
TABLE 3 GLOBAL TRAFFIC MANAGEMENT SOLUTION IN SMART TRANSPORTATION MARKET, BY TYPE, 2016-2025 (USD MILLION) 52
TABLE 4 GLOBAL PASSENGER INFORMATION SOLUTION IN SMART TRANSPORTATION MARKET, BY TYPE, 2016-2025 (USD MILLION) 53
TABLE 5 GLOBAL PASSENGER INFORMATION SOLUTION IN SMART TRANSPORTATION MARKET, BY REGION, MILLION, (2016-2025) 53
TABLE 6 GLOBAL SMART TICKETING SOLUTION IN SMART TRANSPORTATION MARKET, BY REGION, MILLION, (2016-2025) 54
TABLE 7 GLOBAL PARKING MANAGEMENT SOLUTION IN SMART TRANSPORTATION MARKET, BY TYPE, 2016-2025 (USD MILLION) 54
TABLE 8 GLOBAL TRAINING CONSULTING IN SMART TRANSPORTATION MARKET, BY REGION, 2016-2025, (USD MILLION) 55
TABLE 9 GLOBAL INTEGRATED SUPERVISION SOLUTION IN SMART TRANSPORTATION MARKET, BY REGION, MILLION, (2016-2025) 56
TABLE 10 GLOBAL INSURANCE TELEMATICS SOLUTION IN SMART TRANSPORTATION MARKET, BY REGION, MILLION, (2016-2025) 57
TABLE 11 GLOBAL SMART TRANSPORTATION MARKET, BY SERVICE, 2016– 2025 (USD MILLION) 60and more….
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