Press release
Internet of Things (IoT) in Transportation Market to reach USD 778.04 Bn by 2029, Technological Advancements and Growth Opportunities
Internet of Things (IoT) in Transportation Market
Get to Know More About This Market Study:
https://www.maximizemarketresearch.com/market-report/internet-of-the-things-transportation-market/880/
Internet of Things (IoT) in Transportation Market Report Scope and Research Methodology:
The report provides an in-depth analysis of the Internet of Things (IoT) in Transportation Market. It covers market size, market dynamics, market segmentation by component and mode of transport, and regional insights.
The market size estimation has been done on the basis of real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2029. The impact of lockdown by region has also been analyzed specially in 2021.
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Internet of Things (IoT) in Transportation Market Dynamics:
The IoT market in the transportation sector is being driven by reduced costs of sophisticated sensors and controllers, extended and improved internet connectivity, the growth of the information, communication, and technology industry, as well as a spike in government plans for smart cities. In addition, the increasing adoption of intelligent transportation systems, fleet management, and asset management solutions by rail, road, and air transportation service providers is expected to drive the Internet of things market in the transport industry globally.
Prices of chips, sensors, and other components used in IoT devices may rise over time due to no manufacturing and depletion of stocks maintained by manufacturers in a few months on a short-term basis, which could negatively impact the IoT in the Transportation market. Additionally, in emerging and developing countries, threats to data security and privacy, as well as insufficient transportation infrastructure, are hindering industry growth.
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Internet of Things (IoT) in Transportation Market Regional Insights:
North America held the largest market share of 35 percent in 2021. Due to the region's strong industrial, transportation, and logistics businesses, all of which have made significant technical advances. In addition, government initiatives and regulations in a variety of end-user industries are likely to support regional market growth.
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Internet of Things (IoT) in Transportation Market Segmentation
By Component:
• Hardware
• Software
• Services
By Mode of Transport:
• Roadways
• Railways
• Airway
• Maritime
By Application:
• Automotive telematics
• Reservation, Toll & ticketing Systems
• Security & Surveillance System
• Traffic Congestion Control Systems
• Remote Monitoring
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Internet of Things (IoT) in Transportation Market Key Competitors include:
• Garmin International
• Thales Group
• Tom-tom N.V.
• Nuance Communication
• Denso Corp.
• Alcatel-Lucent
• AT&T, Inc.
• Verizon Communications
• Sierra Wireless, Inc.
• IBM Corporation
• Veniam
• Terbine
• LimeBike
• Borderless
• Fybr
• Concirrus
• DashRoad
• ParkENT
• Inrix
• MotoLingo
• Chariot
• Flashparking
• G.E. Transportation
• Maersk
• Miami International Airport
• Next Trucking
• Shippabo
Table of Content for Internet of Things (IoT) in Transportation Market
1. Global Internet of Things (IoT) in Transportation Market: Research Methodology
2. Global Internet of Things (IoT) in Transportation Market: Executive Summary
• Market Overview and Definitions
o Introduction to Global Market
• Summary
o Key Findings
o Recommendations for Investors
o Recommendations for Market Leaders
o Recommendations for New Market Entry
3. Global Internet of Things (IoT) in Transportation Market: Competitive Analysis
• MMR Competition Matrix
o Market Structure by region
o Competitive Benchmarking of Key Players
• Consolidation in the Market
o M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
o North America
o Europe
o Asia Pacific
o Middle East and Africa
o South America
• COVID-19 Impact
4. Global Internet of Things (IoT) in Transportation Market Segmentation
• Global Market, by Component (2021-2029)
• Global Market, by Mode of Transport (2021-2029)
• Global Market, by Application (2021-2029)
5. Regional Internet of Things (IoT) in Transportation Market (2021-2029)
• Regional Market, by Component (2021-2029)
• Regional Market, by Mode of Transport (2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Component, Mode of Transport and ABC
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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