Press release
Smart Transport Market Players Analysis, Industry Technologies and Forecast to 2022
In this fast growing environment, companies are increasing investments in internet of things (IoT), and innovation. In Smart Transport market innovation is a key driver. In this changing environment with an increase of demands of efficient transportation networks, integrated security & safety and others there is a need to develop and adopt to the Smart Transport systems. The increasing focus of government in building smart cities is predicted to drive smart transportation demand as it is an integral part of the smart city projects.
The Smart Transport systems are developing rigorously to overcome some of existing issues such as lack of good quality and safe public transportation, reduced road safety concerns, inadequate capacity of manage public transportation, poor traffic management, overcrowded road network, theft, poor road conditions, parking issues and others. The study indicates a need for large database of road networks and high costs of installation would be the restraining factor for Smart Transport Market.
The Smart Transport Market is growing rapidly over 24% of CAGR and is expected to reach at USD 273 Billion by the end of forecast period.
Sample Copy of Report @ https://www.marketresearchfuture.com/reports/smart-transportation-market-2467
Key Players:
The prominent players in the Smart Transport Market are- Cisco Systems, Inc. (U.S.), General Electric Company (U.S.), Alstom SA (France), Cubic Corporation (U.S.), Kapsch (Austria), IBM Corporation (U.S.), Thales Group (France), Siemens AG (Germany), AECOM (U.S.), Accenture Plc (Ireland), LG CNS Co. Ltd. (Korea), TomTom International B.V. (Netherlands) among others.
Smart Transport Market Segmentation
The Smart Transport Market has been segmented on the basis of Solution and service. On basis of Solution the Smart Transport consists of Traffic management, smart ticketing, Parking management, integrated supervision, passenger information, and Insurance telematics solution. The study indicates that smart ticketing solution segment would grow at a highest rate in the Smart Transportation Market by the forecast period. The increasing penetration of mobile devices and demand for digital payment are expected to drive the smart ticketing solution market. Whereas based on service segment of smart transportation system the largest market share would be grabbed by deployment and integration services segment.
Access the market data and market information presented through more than 25 market data tables and 25 figures spread over 100 numbers of pages of the project report “Smart Transportation Market - Forecast to 2022”
Market Research Analysis:
Market Research Future Analysis shows that new adoptions of cloud computing, big data, evolution of wireless network, Machine to Machine (M2M) and Internet of things (IoT) would result in sudden hike in Smart Transport market. It has been observed that developments in smart city concept result in significant growth of Smart Transport market. The major benefits of Smart Transport are improved safety, higher productivity and efficiency, more environmental friendliness and others. These factors would definitely increase the Smart Transport market very soon.
Regional Analysis for Smart Transport Market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. The study reveals that European region would evolve as a leader in Smart Transport market. The study indicates large investments by European government towards are smart transportation would result in rapid growth of Smart Transport market by the forecast period. The study reveals that North America region followed by Europe would lead the Smart Transport market by the forecast period.
Developing economic countries from Asia-Pacific regions as China, Japan, and India would also show a great progress in the smart transportation market.
Access Report Details @ https://www.marketresearchfuture.com/reports/smart-transportation-market-2467
List of Figures
FIGURE 1 Research Network Solution
FIGURE 2 Smart Transport Market: By Solution (%)
FIGURE 3 Smart Transport Market: By Service (%)
FIGURE 4 Smart Transport Market: By Region
Continued….
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
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 Smart Transport Market Players Analysis, Industry Technologies and Forecast to 2022 here
News-ID: 494532 • Views: …
More Releases from Market Research Future
Digitally Printed Wallpaper Market Size estimated at USD 6.5 Billion in 2024 and …
The digitally printed wallpaper market is experiencing a significant transformation, driven by advancements in technology, changing consumer preferences, and a growing emphasis on sustainability. As of 2024, the market was valued at approximately $6.5 billion, and it is projected to grow to $40.9 billion by 2035, with a compound annual growth rate (CAGR) of 18.2% from 2025 to 2035. This article explores the key trends, drivers, and future outlook of…
Glue Laminated Timber Market outlook shows steady growth from USD 3.508 Billion …
The construction industry is undergoing a significant transformation, driven by the increasing demand for sustainable building materials. Among these materials, glue laminated timber (glulam) has emerged as a frontrunner, offering a combination of strength, versatility, and environmental benefits. The Glue Laminated Timber Market is projected to grow from $3.41 billion in 2024 to $4.661 billion by 2035, with a compound annual growth rate (CAGR) of 2.88% during the forecast period…
Fiber Cement Board Market Size and future outlook project industry expansion fro …
The fiber cement board market is experiencing significant growth, driven by increasing demand for sustainable building materials and advancements in construction technologies. This article explores the key trends, market dynamics, and future outlook for the fiber cement board industry.
Overview of the Fiber Cement Board Market
According to the latest analysis by Market Research Future, the fiber cement board market was valued at approximately USD 14446.52 million in 2024 and is projected…
Plastic Pipes Industry Market Size highlights consistent growth from USD 26.25 B …
The plastic pipes market is experiencing significant growth, driven by various factors including urbanization, sustainability initiatives, and technological advancements. As of 2024, the market size is estimated at $26.25 billion, with projections indicating it could reach $44.9 billion by 2035, growing at a compound annual growth rate (CAGR) of 5.0% from 2025 to 2035. This article explores the key trends, drivers, and future outlook of the plastic pipes market.
Get a…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
