Press release
Smart Transportation Market trends and Outlook 2018 – 2025 By Performing Key Players - Accenture Plc, Siemens, IBM, Cisco Systems, GE Transportation, Xerox Corporation, Cubic Corporation, Thales S.A., Kapsch AG, and Alstom SA…
According to Verified Market Intelligence, the Smart Transportation Market was valued at USD 54.26 Billion in 2017 and is projected to reach USD 158.13 billion by 2025, growing at a CAGR of 14.3% from 2018 to 2025.
Smart transportation is the use of systems which involves an integrated application of IT into the field of transportation that includes vehicles, infrastructures, users etc. The main purpose of this technology is to offer innovative services to a different mode of transports. Smart transportation mainly comprises of various technology use such as traffic signal control systems, car navigation, security CCTV system, automatic number plate recognition and many more. It enables users to have a safer and smarter use of the transport system and paves the way for the development of smarter infrastructure in order to meet future demands.
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Growing urban population, need for road safety, Government Initiatives for Smart Cities, and rising Demographic Rates are the factors that have been driving global smart transportation market. While high capital investments, the requirement of the large database for road networks and the need for interoperability act a potential restraint for the overall market at a global level.
The “Global Smart Transportation Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Accenture Plc, Siemens, IBM, Cisco Systems, GE Transportation, Xerox Corporation, Cubic Corporation, Thales S.A., Kapsch AG, and Alstom SA… Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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Table Of Content
1 Introduction Of The Smart Transportation
2 Executive Summary
3 Research Methodology Of Verified Market Intelligence
4 The Smart Transportation Outlook
5 The Smart Transportation, By Systems
6 The Smart Transportation, By Service
7 The Smart Transportation, By Verticals
8 The Smart Transportation, By Applications
9 The Smart Transportation, By Geography
10 The Smart Transportation Competitive Landscape
Reason to Buy
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
Complete Report is Available @ https://bit.ly/2A1Qci2
About Us:
Verified Market Research' has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. Our aim is to save your Time and Resources, providing you with the required Research Data, so you can only concentrate on Progress and Growth. Our Data includes research from various industries, along with all necessary statistics like Market Trends, or Forecasts from reliable sources.
Contact Us:
Mr. Ankush
Call: +1 (650) 781 4080
Email: sales@verifiedmarketresearch.com
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