What's driving the IoT Market in Intelligent Transportation Systems Growth? Garmin Ltd. Thales Group, TomTom N.V, Nuance Communication, Denso Corp., Alcatel-Lucent S.A AT&T Inc., Verizon, Sierra Wireless, IBM Corporation

A recent report added by Market Study Report, LLC, on Global IoT Market in Intelligent Transportation Systems Market' provides a detailed analysis on the industry size, revenue forecasts and geographical landscape pertaining to this business space. Additionally, the report highlights primary obstacles and latest growth trends accepted by key players that form a part of the competitive spectrum of this business.

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).

Request a sample of this premium report titled Global IoT Market in Intelligent Transportation Systems at https://www.marketstudyreport.com/request-a-sample/2511072?utm_source=openpr.com&utm_medium=Ram

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.

The regional analysis of global IoT Market in Intelligent Transportation Systems is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the wide advancements in IoT Market in Intelligent Transportation Systems along with rapid growth in automotive sector across the region. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period of 2019-2026.

Major market player included in this report are:
o Garmin Ltd.
o Thales Group
o TomTom N.V.
o Nuance Communication
o Denso Corp.
o Alcatel-Lucent S.A
o AT&T Inc.
o Verizon Communications Inc.
o Sierra Wireless
o IBM Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
Semiconductor Components
Wireless/Cellular Components

By Products, Software & Services:
Products
Software
Services

By Verticals:
Roadways
Railways
Airways
Maritime

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

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

Furthermore, years considered for the study are as follows:
Historical year ?EUR" 2016, 2017
Base year ?EUR" 2018
Forecast period ?EUR" 2019 to 2026

Target Audience of the Global IoT Market in Intelligent Transportation Systems in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Request a discount on standard prices of this premium report titled Global IoT Market in Intelligent Transportation Systems at https://www.marketstudyreport.com/check-for-discount/2511072?utm_source=openpr.com&utm_medium=Ram

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. IoT Market in Intelligent Transportation Systems, by Component, 2017-2026 (USD Billion)
1.3. IoT Market in Intelligent Transportation Systems, by Product, Software & Services, 2017-2026 (USD Billion)
1.4. IoT Market in Intelligent Transportation Systems, by Verticals, 2017-2026 (USD Billion)
1.5. IoT Market in Intelligent Transportation Systems, by Transportation Solutions, 2017-2026 (USD Billion)
1.5.1. IoT Market in Intelligent Transportation Systems, by Applications, 2017-2026 (USD Billion)
1.5.2. IoT Market in Intelligent Transportation Systems, by Region, 2017-2026 (USD Billion)
1.6. Key Trends
1.7. Estimation Methodology
1.8. Research Assumption
Chapter 2. Global IoT Market in Intelligent Transportation Systems Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global IoT Market in Intelligent Transportation Systems Dynamics
3.1. IoT Market in Intelligent Transportation Systems Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global IoT Market in Intelligent Transportation Systems Industry Analysis
4.1. Porter?EUR(TM)s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter?EUR(TM)s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global IoT Market in Intelligent Transportation Systems, by Component
5.1. Market Snapshot
5.2. Global IoT Market in Intelligent Transportation Systems by Component, Performance - Potential Analysis
5.3. Global IoT Market in Intelligent Transportation Systems Estimates & Forecasts by Component 2016-2026 (USD Billion)
5.4. IoT Market in Intelligent Transportation Systems, Sub Segment Analysis
5.4.1. Semiconductor Components
5.4.2. Wireless/Cellular Components
Chapter 6. Global IoT Market in Intelligent Transportation Systems, by Product, Software & Services
6.1. Market Snapshot
6.2. Global IoT Market in Intelligent Transportation Systems by Product, Software & Services, Performance - Potential Analysis
6.3. Global IoT Market in Intelligent Transportation Systems Estimates & Forecasts by Product, Software & Services, 2016-2026 (USD Billion)
6.4. IoT Market in Intelligent Transportation Systems, Sub Segment Analysis
6.4.1. Products
6.4.2. Software
6.4.3. Services
Chapter 7. Global IoT Market in Intelligent Transportation Systems, by Verticals
7.1. Market Snapshot
7.2. Global IoT Market in Intelligent Transportation Systems by Verticals, Performance - Potential Analysis
7.3. Global IoT Market in Intelligent Transportation Systems Estimates & Forecasts by Verticals 2016-2026 (USD Billion)
7.4. IoT Market in Intelligent Transportation Systems, Sub Segment Analysis
7.4.1. Roadways
7.4.2. Railways
7.4.3. Airways
7.4.4. Maritime
Chapter 8. Global IoT Market in Intelligent Transportation Systems, by Transportation Solutions
8.1. Market Snapshot
8.2. Global IoT Market in Intelligent Transportation Systems by Transportation Solutions, Performance - Potential Analysis
8.3. Global IoT Market in Intelligent Transportation Systems Estimates & Forecasts by Transportation Solutions 2016-2026 (USD Billion)
8.4. IoT Market in Intelligent Transportation Systems, Sub Segment Analysis
8.4.1. Traffic
8.4.2. Asset
8.4.3. Ticketing
8.4.4. Supervision Solutions
8.4.5. Operation Solutions
8.4.6. Passenger Information
8.4.7. Maintenance
8.4.8. Maintenance Scheduling Solutions
8.4.9. Predictive Analytics
8.4.10. Logistics and Fleet Solution
Chapter 9. Global IoT Market in Intelligent Transportation Systems, by Applications
9.1. Market Snapshot
9.2. Global IoT Market in Intelligent Transportation Systems by Applications, Performance - Potential Analysis
9.3. Global IoT Market in Intelligent Transportation Systems Estimates & Forecasts by Applications 2016-2026 (USD Billion)
9.4. IoT Market in Intelligent Transportation Systems, Sub Segment Analysis
9.4.1. Telematics
9.4.2. Infotainment
9.4.3. Advanced Driver Assistance System (ADAS)
Chapter 10. Global IoT Market in Intelligent Transportation Systems, Regional Analysis
10.1. IoT Market in Intelligent Transportation Systems, Regional Market Snapshot
10.2. North America IoT Market in Intelligent Transportation Systems
10.2.1. U.S. IoT Market in Intelligent Transportation Systems
10.2.1.1. Component breakdown estimates & forecasts, 2016-2026
10.2.1.2. Product, Software & Services breakdown estimates & forecasts, 2016-2026
10.2.1.3. Verticals breakdown estimates & forecasts, 2016-2026
10.2.1.4. Transportation Solutions breakdown estimates & forecasts, 2016-2026
10.2.1.5. Applications breakdown estimates & forecasts, 2016-2026
10.2.2. Canada IoT Market in Intelligent Transportation Systems
10.3. Europe IoT Market in Intelligent Transportation Systems Snapshot
10.3.1. U.K. IoT Market in Intelligent Transportation Systems
10.3.2. Germany IoT Market in Intelligent Transportation Systems
10.3.3. Rest of Europe IoT Market in Intelligent Transportation Systems
10.4. Asia-Pacific IoT Market in Intelligent Transportation Systems Snapshot
10.4.1. China IoT Market in Intelligent Transportation Systems
10.4.2. India IoT Market in Intelligent Transportation Systems
10.4.3. Japan IoT Market in Intelligent Transportation Systems
10.4.4. Rest of Asia Pacific IoT Market in Intelligent Transportation Systems
10.5. Latin America IoT Market in Intelligent Transportation Systems Snapshot
10.5.1. Brazil IoT Market in Intelligent Transportation Systems
10.5.2. Mexico IoT Market in Intelligent Transportation Systems
10.6. Rest of the World IoT Market in Intelligent Transportation Systems
Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Garmin Ltd.
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject To Data Availability)
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. Thales Group
11.2.3. TomTtom N.V.
11.2.4. Nuance Communication
11.2.5. Denso Corp.
11.2.6. Alcatel-Lucent S.A.
11.2.7. AT&T, Inc.
11.2.8. Verizon Communications Inc.
11.2.9. Sierra Wireless,
11.2.10. IBM Corporation
Chapter 12. Research Process

Questions? Get them answered via https://www.marketstudyreport.com/enquiry-before-buying/2511072?utm_source=openpr.com&utm_medium=Ram

Contact Us:

Market Study Report

4 North Main Street,

Selbyville, Delaware 19975

USA

Phone: 1-302-273-0910

US Toll Free: 1-866-764-2150

Email: sales@marketstudyreport.com

Website: https://www.marketstudyreport.com

Blog: https://www.marketstudyreport.com/blog

About Us:

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

This release was published on openPR.