IoT in Transportation Market Size, Share, Growth, Trends and Forecast to 2022-2027 | IMARC Group
The Internet of Things (IoT) is a specialized technology utilized to connect mechanical equipment, objects, and vehicles to the web. It uses embedded sensors, actuators, and other devices to gather and transmit data regarding real-world activities, including road conditions, traffic, automobile diagnostics, fuel usage, driving behavior, speeding, etc. IoT in transportation aids in improving safety and customer experience, enhancing operation performance, and optimizing maintenance by minimizing recurring complexities and providing remote diagnosis and real-time monitoring. It is used for traffic congestion control systems, automotive telematics, security, surveillance, reservation, toll and ticketing systems, etc. As a result, the IoT finds widespread applications in airway, railway, maritime, and road systems across the globe.
Request a Free PDF Sample for more detailed market insights: https://www.imarcgroup.com/iot-in-transportation-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
IoT In Transportation Market Trends and Drivers:
The escalating demand for IoT in smart railway systems to monitor the conveyance performance and environmental conditions is among the primary factors driving the IoT in transportation market.
Besides this, the expanding information and communications technology (ICT) sector is further augmenting the market growth. Apart from this, the elevating requirement for IoT in transportation to check the flow of passengers, manage timetables, and optimize capacity is also catalyzing the global market.
Moreover, the growing need for this technology in roadway vehicles, particularly on account of the interconnected mobility solutions that reduce road traffic and commute time, is acting as another significant growth-inducing factor. Furthermore, the launch of favorable policies by the government bodies for the development of smart cities is expected to propel the IoT in transportation market in the coming years.
Global IoT In Transportation Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Alcatel-Lucent Enterprise (China Huaxin Post and Telecom Technologies Co. Limited), AT&T Inc., Cisco Systems Inc., DENSO Corporation, Garmin Ltd, International Business Machines Corporation, Microsoft Corporation, Sierra Wireless Inc., Software Aktiengesellschaft, Thales Group, TomTom N.V. and Verizon Communications Inc.
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/iot-in-transportation-market
The report has segmented the market on the basis of region, type, mode of transport and application.
Breakup by Type:
Breakup by Mode of Transport:
Breakup by Application:
• Traffic Congestion Control Systems
• Automotive Telematics
• Reservation, Toll and Ticketing Systems
• Security and Surveillance Systems
• Remote Monitoring
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Also, Read Latest Research Reports by IMARC Group:
Organic Snacks Market Report 2022-2027 : https://www.imarcgroup.com/organic-snacks-market
Enterprise Server Market Report 2022-2027 : https://www.imarcgroup.com/enterprise-server-market
Wireless Gigabit Market Report 2022-2027 : https://www.imarcgroup.com/wireless-gigabit-market
Artificial Cornea and Corneal Implant Market Report 2022-2027 : https://www.imarcgroup.com/artificial-cornea-corneal-implant-market
Hydrogel Market Report 2022-2027 : https://www.imarcgroup.com/hydrogel-market
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release IoT in Transportation Market Size, Share, Growth, Trends and Forecast to 2022-2027 | IMARC Group here
News-ID: 2637949 • Views: 367
More Releases from IMARC Group
Minimally Invasive Surgery Market Industry Size, Drivers, Growth Forecast and Op …
IMARC Group, a leading market research company, has recently releases report titled "Minimally Invasive Surgery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global minimally invasive surgery market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. How Big is the Contact Minimally
Metal Recycling Market Growth, Key Players, Value, Statistics and Forecast 2023- …
IMARC Group, a leading market research company, has recently releases report titled "Metal Recycling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global metal recycling market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. How Big is the Metal Recycling Market? The global
Medium Chain Triglycerides Market Share by Companies, Trends, Statistics and For …
IMARC Group, a leading market research company, has recently released a report titled "Medium Chain Triglycerides Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global medium chain triglycerides market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. Report Highlights How Big is the
Mass Spectrometry Market Size, Growth Analysis, Segmentation and Outlook By 2027
According to IMARC Group's latest report, titled "Mass Spectrometry Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global mass spectrometry market size reached US$ 5.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.7 Billion by 2027, exhibiting a growth rate (CAGR) of 7.46% during 2022-2027. Mass spectrometry (MS) represents an analytical system utilized to quantify materials and identify compounds in a
More Releases for IoT
IoT Cloud Market Next Big Thing | Major Giants Oracle, AWS IOT, IBM Watson IoT, …
COVID-19 Outbreak-Global IoT Cloud Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the COVID-19 Outbreak-Global IoT Cloud Market. Some of the key players profiled
Narrowband IoT (NB-IoT) Market Future Adoption Overview 2025
The report titled "Global Narrowband IoT (NB-IoT) Market Size, Status and Forecast 2025, Trends, Share, Size Research Report " offers a primary impression of the Narrowband IoT (NB-IoT) industry covering different product Scope, Characterizations, Classifications, Objectives, and Participants in the industry chain structure. This report profiles major 15 topmost manufactures operating like ( Vodafone, China Unicom, China Telecom, AT&T, Etisalat, Telstra, Orange, Telefonica, SK Telecom, Deutsche Telekom - for complete manufactures list, please
Blockchain In IOT Market Business Growth Statistics And Key Players Insights Blo …
Research N Report has released a new report on the “global Blockchain in IOT Market”. This report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every side of the market. "Blockchain in Internet
IoT Healthcare Market - Revolution in Healthcare with IOT & IoT has the Potentia …
In this report, the Internet of Things (IoT) Healthcare market was valued at USD 28.42 Billion in 2015, and is projected to reach USD 337.41 billion by 2025, growing at a CAGR of 28.2% over the forecast period. "Internet of Things (IoT) Healthcare Market", published by Xpodence Research, provides extensive insight and analysis of the Internet of Things (IoT) Healthcare market over the next eight years (2015-2025) and acts as a
Narrowband IoT (NB-IoT) Chipset Market - Product Drawbacks 2025
Global Narrowband IoT (NB-IoT) Chipset Market: Overview Narrowband IoT (NB‑IoT) is the new method of communicating with “things” that need limited amounts of data, over long periods, in places that are hard to reach. It is essentially a wireless technology that was standardized by 3GPP in 2016. Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2879 Narrowband IoT is considered the best in class low-power wide area (LPWA) technology to facilitate functioning of various
Narrowband IoT (NB-IoT) Chipset Market Rapidly expanding 2025
Global Narrowband IoT (NB-IoT) Chipset Market: Overview Narrowband IoT (NB‑IoT) is the new method of communicating with “things” that need limited amounts of data, over long periods, in places that are hard to reach. It is essentially a wireless technology that was standardized by 3GPP in 2016. Narrowband IoT is considered the best in class low-power wide area (LPWA) technology to facilitate functioning of various new industrial IoT (IIoT) devices, which includes