IoT Market Analysis Focusing on Update Top Key Players - Garmin Ltd., Thales Group, TomTom N.V., Nuance Communication, Denso Corp., Alcatel-Lucent S.A, AT&T Inc., Verizon Communications Inc., Sierra Wireless, IBM Corporation

Get an inclusive research report offering thorough market analysis and growth outlook of the global IoT Market in the latest research report added by Big Market Research.

Global IoT Market in Intelligent Transportation Systems is valued approximately at USD 121.1 billion in 2018 and is anticipated to grow with a growth rate of more than 9% over the forecast period 2019-2026. IoT Market in Intelligent Transportation System refers the integration of communication and information processing across transportation systems for real-time interaction.

For instance, satellites-based navigation system which is known as Global Positioning system (GPS).
Internet of Things (IoT) involves connecting physical objects to the Internet for developing smart systems and universal mobile accessibility with advanced technologies like Intelligent Transportation System (ITS). Intelligent Transportation System (ITS) is the process to communicate between vehicles using IoT which brings new era of communication in ITS. IoT based Intelligent Transportation System enhances automation in railways, airways, roadways and marine, that helps consumer to experience advanced transporting, tracking and delivering of their goods. Rapid expansion of automotive industries, along with increasing smart cities development as well as huge investments in the R&D of IoT related software and dedicated short-range communications for the V2V Communication are the few factors responsible for high CAGR of the market over the forecast period. For instance, as per Statista, the internet of things (IOT) spending was USD $ 257 billion in consumer sector, $ 115 billion in cross industry business and $ 567 billion in vertical specific business in 2014 and is anticipated to rise up to USD $ 1,494 billion in consumer sector, $ 567.6 billion in cross industry business and $ 863.6 billion in vertical specific business in 2020, throughout the world. Further, integration of technologies helps develop better solutions in transportation and rising on-demand infotainment and traffic navigation, along with safety and security features in automotive are likely to impel the demand for IoT Market in Intelligent Transportation System over the forecast period. However, big data increases complexity as well as improvements are required in battery related technologies is the major factor restricting the growth of global IoT Market in Intelligent Transportation Systems during the forecast period.

This report is professional and comprehensive research of the global IoT industry based on the major regional market situations, key driving factors, major competitors, and size & scope of the market. Firstly, the report introduces the IoT market basics: definitions, classifications, applications, and market overview; product specifications; manufacturing processes; cost structures, raw materials, and so on. The report also presents Porter's Five Forces model, value chain analysis, and PEST analysis. Furthermore, the competitive scenario in different regions is outlined in the report to assist leading market players, new entrants, and stakeholders to determine emerging economies.

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Global IoT Market: Regional Segment Analysis
North America- U.S., Canada
Europe- UK, Germany
Asia Pacific- China, India, Japan

Latin America- Brazil, Mexico, Rest of the World
The report also presents detailed information about the major players as well as some minor players of the IoT sector.

IoT Market Key Segments:
Global IoT Market Key Players mentioned in our report: Garmin Ltd., Thales Group, TomTom N.V., Nuance Communication, Denso Corp., Alcatel-Lucent S.A, AT&T Inc., Verizon Communications Inc., Sierra Wireless, IBM Corporation

By Component:
o Semiconductor Components
o Wireless/Cellular Components

By Products, Software & Services:
o Products
o Software
o Services

By Verticals:
o Roadways
o Railways
o Airways
o Maritime

By Transportation Solutions:
o Traffic
o Asset
o Ticketing
o Supervision Solutions
o Operation Solutions
o Passenger Information
o Maintenance
o Maintenance Scheduling Solutions
o Predective Analytics
o Logistics and Fleet Solution

By Application:
o Telematics
o Infotainment
o Advanced Driver Assistance System (ADAS)

The research reveals the performance of each player active in the industry. Also, the report offers an overview of recent developments of each player in the market. All these insights provided in the report are valuable to anyone interested in investing in the IoT industry. These insights may help them in determining the strength of their competitors and take the required steps to gain a dominant position in the industry.

Additionally, the research report delivers a complete analysis of the key segments of the IoT sector with the help of charts, graphs, and tables.
An overview of each market segment such as type, application, and region are also provided in the report. Investors, stakeholders, product managers, marketing officials, and other professionals in search of detailed data on supply, demand, and future predictions would find the report beneficial.

This research report is prepared based on an in-depth analysis of the market by expert analysts. The insights provided in the report would help stakeholders determine investment suitability and market players to take hold of opportunities for partnerships, collaborations, and agreements.

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Table of Contents
Chapter 1. Global IoT Market Definition and Scope
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Global IoT Market Dynamics
Chapter 5. IoT Market, by Component
Chapter 6. Global IoT Market, by Services
Chapter 7. Global IoT Market, by Organization Size
Chapter 8. IoT Market, by Vertical
Chapter 9. IoT Market, by Regional Analysis
Chapter 10. Competitive Intelligence

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