IoT In Transportation Market Segmented by Top Manufacturers - Alcatel-Lucent, AT&T Inc., Garmin International Inc., IBM Corp., Denso Corp., Thales Group, General Electric

Internet of Things (IoT) is the internetworking of physical devices and vehicles, providing solutions to various industry verticals such as automotive, electronics, insurance, manufacturing, and retail. It controls or remotely senses the objects through interconnectivity of devices. It offers various services such as traffic congestion control system, automotive telematics, and reservation, toll & ticketing systems, security and surveillance system, remote monitoring, and others. It is incorporated in various technologies such as smart homes, smart cities, smart grids, and virtual power plants. IoT is one of the major platforms, which provide applications such as, smart energy management system (SEMS) and smart city.

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The global IoT in the transportation market has witnessed significant growth in recent years and is expected to continue this trend in the near future. Moreover, plummeting cost of connected devices, such as sensors & controllers, assist key players to increase their customer base in the global market. Furthermore, growth in wireless technologies, such as Insteon, Zigbee, and Z-wave, is expected to fuel market growth. However, data piracy and poor internet infrastructure in the developing and the underdeveloped regions hinder market growth.

The global IoT in the transportation market is segmented based on type, mode of transport, application, and geography. Based on the type, it is categorized into hardware, software, and services. Based on the mode of transport, it is divided into roadways, railways, airways, and maritime. Based on application, it is classified into traffic congestion control system; automotive telematics; reservation, toll, & ticketing systems; security & surveillance system; remote monitoring; and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the global IoT in transportation market include Alcatel-Lucent, AT&T Inc., Garmin International Inc., IBM Corp., Denso Corp., Thales Group, General Electric, Verizon Communications Inc., Cisco Systems, Inc., and TomTom N.V.

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KEY BENEFITS FOR STAKEHOLDERS

In-depth analyses of the global IoT in the transportation market and dynamics are provided to understand the market scenario.

Quantitative analyses of the current trends and future estimations from 2017 to 2023 are provided to assist strategists and stakeholders to capitalize on the prevailing opportunities.

Porter’s five forces analysis examines the competitive structure of the global market and explains the factors that influence the market entry and expansion.

A detailed analysis of various regions enables the identification of profitable segments for the market players.

Comprehensive analyses of the trends, sub-segments, and key revenue pockets are provided in the report.

Detailed analyses of the key players operating in the global market and their business strategies are anticipated to assist stakeholders to take informed business decisions.

KEY MARKET SEGMENTS

BY COMPONENT: Hardware, Software, and Services

BY MODE OF TRANSPORT: Roadways, Railways, Airways, and Maritime

BY APPLICATION: Traffic Congestion Control System, Automotive Telematics, Reservation, Toll, & Ticketing Systems, Security & Surveillance System, Remote Monitoring, Others

BY GEOGRAPHY

North America: U.S., Canada, Mexico

Europe: UK, Germany, France, Spain, Italy, Rest of Europe

Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific

LAMEA: Chile, Israel, South Africa, Rest of LAMEA

The key players profiled in the report are as follows: Alcatel-Lucent, AT&T Inc., Garmin International Inc., IBM Corp., Denso Corp., Thales Group, General Electric, Verizon Communications Inc., Cisco Systems, Inc., TomTom N.V.

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