5G in Automotive and Smart Transportation Market May See a Big Move | Siemens, IBM, Alstom

Advance Market Analytics published a new research publication on "5G in Automotive and Smart Transportation Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the 5G in Automotive and Smart Transportation market was mainly driven by the increasing R&D spending across the world.

Some of the major key players profiled in the study are :
Thales Group (France), Huawei Technologies Co., Ltd. (China), Siemens AG (Germany), IBM Corporation (United States), Cisco Systems, Inc. (United States), SAP (Germany), Cubic Corporation (United States), Alstom (France), Bombardier Inc. (Canada), Harris Corporation (United States).

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Scope of the Report of 5G in Automotive and Smart Transportation:
The fifth generation of mobile networks is referred to as 5G. After 1G, 2G, 3G, and 4G, it is a new mobile standard. 5G promises ultra-low latency, improved network reliability, and increased network capability. 5G would have an effect on every industry due to its high speeds, increased reliability, and low latency. Smart transportation IoT solutions, when combined with smart city solutions, allow government agencies and their partners to improve community services and transportation for all, resulting in a cleaner, more reliable transportation system in cities. Smart transportation IoT solutions provide real-time visibility and reliable data, allowing city transportation authorities and organisations to increase performance while also building smarter, greener cities for their residents.

In June 2023, ZTE Corporation, a prominent global provider of information and communication technology solutions, and Tianyi Transportation Technology, an intelligent transportation operator and service provider, collaboratively introduced the world's pioneering 5G+ intelligent connected vehicle system at the Mobile World Congress (MWC) Shanghai 2023. This system seamlessly integrates Vehicle-Road-Cloud integration, marking an industry milestone. Furthermore, the two companies have entered into a strategic cooperation agreement to expedite the commercialization of autonomous driving services.

Market Trends:
Rising Consumption of Autonomous Vehicles

Opportunities:
Growing Artificial intelligence and IoT
Rising Demand for Efficient Transportation Networks across the World
Increased Smart city projects in developed nations

Market Drivers:
Rise in Demand for Safety, Comfort, and Convenience
Government support and investments for transportation infrastructure growth has increased

Challenges:
Complexities in Integration over Legacy Systems and Networks and Lack of Trust in A.I. Due to Inexperience of Human Expertise in A.I.

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The titled segments and sub-section of the market are illuminated below:
by Type (Advanced Traveler Information Systems (ATIC), Advanced Transportation Management Systems (ATMS), Advanced Transportation Pricing Systems (ATPS), Advanced Public Transportation Systems (APTS), Cooperative Vehicle Systems), Application (Traffic Management, Road Safety and Security, Parking Management, Public Transport, Other), Brandwidth (Low Band 5G, Mid Band 5G, High Band 5G)

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Strategic Points Covered in Table of Content of Global 5G in Automotive and Smart Transportation Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the 5G in Automotive and Smart Transportation market
Chapter 2: Exclusive Summary - the basic information of the 5G in Automotive and Smart Transportation Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the 5G in Automotive and Smart Transportation
Chapter 4: Presenting the 5G in Automotive and Smart Transportation Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the 5G in Automotive and Smart Transportation market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2028)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, 5G in Automotive and Smart Transportation Market is a valuable source of guidance for individuals and companies.

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

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