Smart Transportation Market : Size, Trends and Segmentation 2016-2024

Market Overview
Transportation industry is transforming from unconnected travelling to a new world of connected transportation. Connected vehicle have not only enabled the use of internet in transportation but also guide in traffic and vehicle management. North America has successfully delivered in-flight wifi to over 3,000 aircrafts out of 5,500 commercial aircraft. Vision of transportation is changing due to emerging internet of things technology. According to a survey conducted by Goldstein Research, 90% of the consumers enjoy internet connectivity while they are travelling. Paris launched Autolib which is an electric-car program in 2011. This program facilitates the drivers to select the public parking space and also to track the connected vehicles which are embedded with sensors using GPS tracker. Emerging economies are moving towards the concept of building smart cities; over 1 billion of connected things are installed across the globe under smart cities projects in 2015.

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Market Segmentation
The segmentation of global smart transportation market can be done on the following basis:
• Based on Components
o Hardware
• Sensors
• RFID Tags
• GPS Trackers
• Portable Computers
• Others (Industrial monitor devices, box computers)
o Software
• Data Management Software
• Network Management Software
• Security Software
• Remote Monitoring Software
• Real Time Streaming Analysis Software
o Platforms
• Connectivity/M2M Platforms
• Infrastructure-as-a-Service (Iaas) Backend Platforms
• Hardware specific software Platforms
• Consumer/Enterprise Software Extension Platforms
• Based on Application
o Vehicle Management
o Mobility Management
o Traffic Management
o Parking Management
o Safety Assistance
o Others( Driver assistance, Infotainment, Well being)
• Based on Geography
o North America (U.S. & Canada)
o Latin America (Brazil, Mexico & Rest of Latin America)
o Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE)
o Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia)
o Middle East & Africa (GCC, South Africa, North Africa, RoMEA)
o Rest of World

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Market Drivers and Challenges
High adoption rate of cloud based technologies along with advancements in transportation industry is fuelling the growth of smart transportation market all across the globe. Navigation and infotainment are the key features behind the huge adoption of smart transportation in automotive industry. Storage of data has enhanced the qualitative analysis of existing transportation infrastructure to implement smart transportation technologies. Global smart transportation market is likely to reach USD 251.40 billion by 2024, expanding at a CAGR of 16.75% from 2016 to 2024. Increasing demand towards the improvement of public transportation facilities is fuelling the growth of smart transportation market in emerging economies.

Key Market Players
• Cisco Systems, Inc
• Synopsis
• Business Strategy
• Product Portfolio
• SWOT Analysis
• General Electric Company
• Siemens AG
• IBM Corporation
• Alstom
• Cubic Corporation

Scope Background
Market Synopsis
Market Segmentation

The global smart transportation market is segmented as follows:
• By Components (Market Size, Demand Analysis and Growth Analysis)
• By Application (Market Size, Demand Analysis and Growth Analysis)

By Regions

• North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
• Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
• Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
• Asia-Pacific (China, India, Singapore, Japan, Hong-Kong, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis}
• Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
• Rest of World {Market Size, Growth Analysis and Opportunity Analysis}

Market Dynamics: Growth Drivers, Restraints and Opportunities
• Risk Factors
• Regional Variations
• Recent Trends and Developments

Key Market Players
• Synopsis
• Business Strategy
• Product Portfolio
• SWOT Analysis
Porter’s Five Force Model
Market Landscape: Competition and Beyond
Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
Expert Analysis
Concluding Remarks

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