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Smart Transportation Market 2019 Trends, Top Manufactures, Market Demands, Industry Growth and Forecast to 2025| Cubic Corporation, Indra Sistemas, IBM Corporation, Cisco System, Alstom, General Electric

08-30-2019 10:53 PM CET | Logistics & Transport

Press release from: The Insight Partners

Smart Transportation Market 2019 Trends, Top Manufactures,

Smart transportation or intelligent transportation system (ITS) is an innovative transportation structure that aims to provide new services for traffic and transport management systems. Smart transportation enables several users to be more organized, and make safer and smarter use of transport networks. This system is applicable in parking management & guidance, passenger information, and traffic management. The increasing adoption of smart technologies in the transportation infrastructure and also the demand of integrated security and safety system for improving public safety will drive the smart transportation market in future.

The factor that can act as a restraint in the growth of the market is the requirement of a huge investment for replacing the existing infrastructure with the smart technological system. However, the increasing adoption of smart phones in developing countries create new opportunities in the market of smart transportation in the forecast period.

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Top Companies profiled in this report:
1. Cubic Corporation,
2. Indra Sistemas S.A.
3. IBM Corporation
4. Cisco Systems, Inc.
5. Alstom SA
6. General Electric Company
7. Thales Group
8. TomTom International B.V.
9. LG CNS Corporation
10. Xerox Corporation.

As leading companies in Smart Transportation market continues to broaden their addressable market, by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all the prominent players faces an increasing level of competition, both from start-ups as well the leading global technology and industrial companies in the world. Various companies in the value chain are acquiring other local players and operating through joint ventures with retailers in the market to maintain their position in market and provide efficient solutions to its customers.

Smart Transportation Market – Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.

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The Smart Transportation market size is derived primarily form the supply side (i.e. the market players operating in global Smart Transportation market) and therefore, revenue of all the prominent leading companies operating across the value chain are taken into consideration across regional, global and country level. Historical and current market information is collected from technical literature, paid databases, magazines, press releases, trade unions, company presentations, annual reports, and other information available in public domain. Additionally, the research team also refers various paid data sources such as Factiva, Hoovers, Bloomberg, and numerous other sources were also referred to derive company’s annual revenue, and other segment related financial information.

Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.

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Contact Us:
Company: The Insight Partners
Contact: Sameer Joshi
Phone: +1-646-491-9876
Email: sam@theinsightpartners.com

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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