Press release
IoT in Transportation Market Outlook to 2027 and COVID-19 Impact Analysis
The rising adoption of IoT across transportation sector globally has led to the incorporation of various tools along with associated services which ease the transport management through traffic congestion control system; reservation; automotive telematics; toll & ticketing systems; remote monitoring; security and surveillance system; and others. Thus, creating lucrative opportunities for the IoT in the Transportation market in the forecast period.MARKET DYNAMICS
The extended connectivity and enhanced internet penetration is driving the growth of the IoT in Transportation market. However, high costs associated with the implementation of this system across enterprises may restrain the growth of the IoT in Transportation market. Furthermore, rise in demand for technological upgrade in the transportation sector is anticipated to create market opportunities for the IoT in Transportation market during the forecast period.
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The List of Companies:
1.Alcatel-Lucent
2.ATandT Inc.
3.Cisco Systems, Inc.
4.Denso Corporation
5.Garmin International Inc.
6.General Electric
7.IBM Corporation
8.Thales Group
9.TomTom N.V.
10.Verizon Communications Inc.
The latest research report on the “IoT in Transportation Market – Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027” provides a comprehensive assessment of the IoT in Transportation market for the forecast period from 2020 to 2027, including market values for the years 2018 and 2019. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in the IoT in Transportation market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply, and demand changes across various regions across the globe. Thereby, the report provides a holistic view of the IoT in Transportation Market in order to help decision-makers with various strategic insights and future outlook. The IoT in Transportation market is expected to witness continued growth during the forecast period from 2020 to 2027.
This is a professional and in-depth study on the current state of the IoT in Transportation Market with a basic overview of the industry including definitions, classifications, applications, and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. IoT in Transportation Market import/export consumption, supply and demand figures, and cost price and production value gross margins are also provided.
The report focuses on global major leading IoT in Transportation Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue, and contact information. Upstream raw materials and equipment and downstream demand analysis are also carried out.
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Reasons to Buy
• Highlights key business priorities to assist companies to realign their business strategies.
• Features key findings and crucial progressive industry trends in the global IoT in Transportation market, thereby allowing players to develop effective long-term strategies.
• Develops/modifies business expansion plans by using substantial growth offerings from developed and emerging markets.
• Scrutinizes in-depth market trends as well as key market drivers and restraints.
• Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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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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