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Smart Transportation Market Size | COVID-19 Impact Analysis | Forecast to 2025

01-15-2021 03:05 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Orion Market Reports

The global smart transportation market size is expected to grow from $94.45 billion in 2020 to $155.6 billion in 2025 with an average annual growth rate (CAGR) of 10% over the forecast period. The major growth drivers of the market are technological advances to improve customer experience, government initiatives and PPP model growth for smart transport, urban population growth and high demographic ratio, and increased adoption of IoT and automation technologies to enhance technology optimization.

A full report of Smart Transportation market is available at: https://www.orionmarketreports.com/smart-transportation-market/23063/

Smart Transportation Market Key Segments:

By Solution

• Hybrid Ticketing Management System
• Parking Management & Guidance System
• Integrated Supervision System
• Traffic Management System

By Service

• Business
• Professional
• Cloud

Smart Transportation Market Players

• Accenture Plc
• Siemens
• IBM
• Cisco Systems
• GE Transportation
• Xerox Corporation
• Cubic Corporation
• Thales S.A.
• Kapsch AG
• Alstom SA
• LG CNS Corporation
• Indra Sistema S.A.
• Iteris Inc.
• TomTom NV
• Garmin International Inc.
• Q-Free ASA

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Smart Transportation Market Report

• What was the Smart Transportation market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Smart Transportation market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Smart Transportation market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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