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India Smart transportation Market will experience a noticeable growth during the forecast period 2020-2026

03-18-2021 09:30 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

India smart transportation market is projected to grow at a significant CAGR of around 14.8% during the forecast period (2020-2026). The market for smart transportation in India is projected to grow at a high rate during the forecast period, backed by the rising government initiatives for the smart city. In June 2015, the Government of India launched a Smart City Mission that aims at the building of around 100 smart cities across the country. The Indian government is planning on providing a huge funding for the smart city infrastructure. For instance, in August 2014, the Government of India announced a plan of spending $1.1 billion on Smart City Mission.

To Request a Sample of our Report on India Smart transportation Market : https://www.omrglobal.com/request-sample/india-smart-transportation-market

The Asian Development Bank (ADB) has stepped forward to assist smart city projects development in India, by offering funding of over $2.0 billion for both national and state levels. The United Smart Cities program was jointly initiated by the United Nations Economic Commission for Europe (UNECE) and other industrial partners. The major areas include urban mobility, ICT, waste management, sustainable housing, smart transportation, and clean energy. The government initiatives are significantly contributing to the development of smart cities in India, which in turn, are offering significant opportunity for smart transportation market.

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India Smart Transportation Market – Segmentation
By Transportation Mode
• Railways
• Roadways
• Airways
• Maritime

By Application
• Ticketing Management System
• Parking Management System
• Traffic Management System
• Others (Integrated Supervision System)

Company Profiles
• Cisco Systems, Inc.
• Hitachi, Ltd.
• Huawei Technologies Co., Ltd.
• IBM Corp.
• Intel Corp.
• Oracle Corp.
• SAP SE
• Siemens AG
• Toshiba Corp.
• VBSOFT Ltd.
• Zero-Sum ITS Solutions India Pvt. Ltd.

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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.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/india-smart-transportation-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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