Press release
Edge Computing in Transportation Market to Witness Stunning Growth with Cisco Systems, Dell Technologies, Huawei, AWS
Global Edge Computing in Transportation Market, is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Edge Computing in Transportation Market. Some of the key players profiled in the study are Cisco Systems, IBM, Microsoft, Intel Corporation, Dell Technologies, Huawei, AWS, AT&T, HPE, Nokia, Siemens Mobility, GE Digital, Qualcomm, Hitachi, VMware.The Edge Computing in Transportation Market have seen a market size of USD 3 billion in 2023 and estimated to reach USD 12 billion by 2030, growth at a CAGR of 20%. Pre Covid, back in 2019 it was ranging ~ USD 1.5 billion and since then market have recovered completely and showing robust growth.
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Edge Computing in Transportation Market Overview:
Edge computing in transportation refers to the integration of edge computing technologies to process data closer to the location where it is generated within transportation networks. This enables real-time data analysis, faster decision-making, and reduced latency for applications such as autonomous vehicles, smart traffic systems, and vehicle-to-infrastructure (V2I) communications. The market is driven by the growing adoption of connected and autonomous vehicles, smart city initiatives, and the increasing demand for real-time data processing in transportation systems. However, challenges include the high costs of deployment and integration, as well as concerns over data security and privacy.
Geographically, North America have shown robust growth in Edge Computing in Transportation market and Asia-Pacific region is growing at fastest pace.
Market Trends:
• Integration of AI with edge computing for predictive analytics, growth in IoT adoption within transportation systems, increasing partnerships between automotive and technology companies
Market Drivers:
• Rising demand for real-time data processing, growing adoption of autonomous and connected vehicles, increasing investments in smart city infrastructure
Market Challenges:
• High costs of deployment and integration, concerns over data security and privacy, lack of standardized frameworks for edge computing deployment
The segments and sub-section of Edge Computing in Transportation market is shown below:
The Study is segmented by the following Product/Service Type: Edge Devices, Edge Gateways, Edge Analytics, V2I Systems, Edge Data Centers
Major applications/end-users' industry are as follows: Autonomous Vehicles, Smart Traffic Systems, Fleet Management, Predictive Maintenance
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Important years considered in the Edge Computing in Transportation study:
Historical year - 2019-2023; Base year - 2023; Forecast period** - 2024 to 2030 [** unless otherwise stated]
If opting for the Global version of Edge Computing in Transportation Market; then below country analysis would be included:
• North America (USA, Canada and Mexico)
• Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe)
• Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC)
• South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
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Key Questions Answered with this Study
1) What makes Edge Computing in Transportation Market feasible for long term investment?
2) Know value chain areas where players can create value?
3) Territory that may see steep rise in CAGR & Y-O-Y growth?
4) What geographic region would have better demand for product/services?
5) What opportunity emerging territory would offer to established and new entrants in Edge Computing in Transportation market?
6) Risk side analysis connected with service providers?
7) How influencing factors driving the demand of Edge Computing in Transportation in next few years?
8) What is the impact analysis of various factors in the Edge Computing in Transportation market growth?
9) What strategies of big players help them acquire share in mature market?
10) How Technology and Customer-Centric Innovation is bringing big Change in Edge Computing in Transportation Market?
Browse Executive Summary and Complete Table of Content @ https://www.htfmarketreport.com/reports/3710717-global-edge-computing-in-transportation-market
There are 15 Chapters to display the Edge Computing in Transportation Market
Chapter 1, Overview to describe Definition, Specifications and Classification of Edge Computing in Transportation market, Application [Autonomous Vehicles, Smart Traffic Systems, Fleet Management, Predictive Maintenance] And Market Segment by Types [Edge Devices, Edge Gateways, Edge Analytics, V2I Systems, Edge Data Centers];
Chapter 2, objective of the study.
Chapter 3, Research methodology, measures, assumptions and analytical tools
Chapter 4 and 5, Edge Computing in Transportation Market Trend Analysis, Drivers, Challenges by consumer behaviour, Marketing Channels, Value Chain Analysis
Chapter 6 and 7, to show the Edge Computing in Transportation Market Analysis, segmentation analysis, characteristics;
Chapter 8 and 9, to show Five forces (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 10 and 11, to show analysis by regional segmentation, comparison, leading countries and opportunities; Customer Behaviour
Thanks for showing interest in Edge Computing in Transportation Industry Research Publication; you can also get individual chapter wise section or region wise report version like North America, LATAM, United States, GCC, Southeast Asia, Europe, APAC, United Kingdom, India or China etc
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com
About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.
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