Press release
Smart Transportation Market Growth Driven by IoT, AI, Connected Vehicles, Urban Mobility Demand, and Expanding Applications in Traffic Management & Public Transit
Smart Transportation Market
Smart Transportation Market is positioned for robust growth, and shifting market dynamics reshaping the competitive landscape. DataM Intelligence's new report provides data-driven insights, SWOT analysis, and marketing-ready intelligence for businesses seeking to improve market penetration and campaign ROI.
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Smart Transportation Market Recent Key Developments :
USA - July 2025: The U.S. Department of Transportation announced a $1.2 billion funding program to accelerate smart infrastructure projects integrating AI-driven traffic management.
USA - June 2025: Cisco partnered with Denver city authorities to deploy an advanced IoT-enabled smart traffic system aimed at reducing congestion and emissions.
Japan - July 2025: Hitachi Rail launched its AI-powered smart signaling system for urban rail networks in Tokyo, enhancing safety and operational efficiency.
Japan - May 2025: Toyota introduced smart mobility-as-a-service (MaaS) platforms integrating autonomous shuttles with real-time route optimization in Japanese cities.
Strategic Players Driving the Smart Transportation Market Forward :
ERTICO-ITS, Orange Business Services, Advantech Co., Ltd, AGT International, Oracle Corporation, AVEVA Group plc, Hitachi Inc, SAP SE, IBM Corporation and Cisco Systems Inc.
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Segment Covered in the Smart Transportation Market:
By Services - Business Services, Cloud Services, Professional Services
By Application - Public Transport, Traffic Management, Parking Management, Road Safety and Security, Automotive Telematics, Freight
By Type - Advanced Public Transportation Systems (APTS), Advanced Traveller Information Systems (ATIC), Cooperative Vehicle Systems, Advanced Traffic Management Systems (ATMS), Advanced Transportation Pricing Systems (ATPS), Parking Management Systems
Regional Analysis for Smart Transportation Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Most Frequently Asked Questions in the Smart Transportation Market Research Industry:
✒ What are the primary drivers fueling growth in the Smart Transportation Market today?
✒ Which companies are currently leading innovation and market share in the Smart Transportation Market?
✒ In what ways is the current regulatory environment influencing the Smart Transportation Market's trajectory?
✒ Which geographic regions are forecasted to experience the strongest growth in the Smart Transportation Market-and why?
✒ What are the key barriers or challenges that could limit the growth of the Smart Transportation Market?
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