Smart Transportation Market Set for Rapid Growth to Reach CAGR of Over 16.7% by 2026 - IBM, Siemens, Cisco Systems

Smart Transportation Market is accounted for $59.07 billion in 2017 and is expected to reach $237.143 billion by 2026 growing at a CAGR of 16.7% during the forecast period. Growth in transportation infrastructure, rising mega cities and population and rising number of on-road vehicles are the major key factors driving the market growth. However, lack of standardized and uniform technology may hamper the market growth.

Smart transportation utilizes information technology and artificial intelligence to efficiently manage and coordinate transportation systems. Smart transportation systems have emerged to be a sustainable solution to serve traffic management issues. These solutions are applicable to both public and private transportation and are critical to economic growth.

Some of the key players profiled in the Smart Transportation Market include:
IBM Corporation, Siemens AG, Cisco Systems, Inc, General Electric Company, Cubic Corporation, Alstom, Thales Group, SAP, Accenture, Rockwell Collins, Huawei, Cubic, Amadeus, Indra Sistemas and Advanced Navigation and Positioning .

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By Deployment Model, Cloud segment is likely to have a huge demand due to the growing need for storage of data generated through these systems. Cloud solutions have a major impact on traffic management and road safety by using the internet and the storage for traffic-related decision making. Based on geography, Europe is expected to grow significantly during the forecast period due to growing parking issues and growing investments to improve urban transport and traffic infrastructures in this region.

Transportation Modes Covered in this Smart Transportation Market are:
Airways
Railways
Roadways
Maritime

Products Covered in this Smart Transportation Market are:
Advanced Transportation Management Systems (ATMS)
Advanced Public Transportation Systems (APTS)
Advanced Traveler Information Systems (ATIC)
Advanced Transportation Pricing Systems (ATPS)
Cooperative Vehicle Systems

Components Covered in this Smart Transportation Market are:
Software
Hardware

Platforms Covered in this Smart Transportation Market are:
Infrastructure-as-a-Service (Iaas) Backend Platforms
Consumer/Enterprise Software Extension Platforms
Connectivity/M2M Platforms
Hardware specific software Platforms

Applications Covered in this Smart Transportation Market are:
Public Transport
Video Management
Transit Hubs
Shared Mobility
Route Information and Route Guidance
Autonomous/Driverless Vehicles
Passenger Information System
Road Safety & Security
Other Applications

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Research objectives:-

- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Smart Transportation Market Size
2.2 Smart Transportation Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Smart Transportation Market Size by Manufacturers
3.2 Smart Transportation Key Players Head office and Area Served
3.3 Key Players Smart Transportation Product/Solution/Service
3.4 Date of Enter into Smart Transportation Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Smart Transportation Sales by Product
4.2 Global Smart Transportation Revenue by Product
4.3 Smart Transportation Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Smart Transportation Breakdown Data by End User

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In the end, Smart Transportation industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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