Press release
Global Smart Transportation Market is Projected to Grow at a Highest CAGR of 24.85% with Latest Trend, Share, Size, Application, Growth, Regional Outlook and Forecast to 2024
Global Smart Transportation Market – Industry Trends and Forecast to 2024
Major Market Competitors:
• Cisco Systems Inc.
• General Electric Company
• IBM Corporation
• Siemens AG
• Cubic Corporation
• ALSTOM
• Indra Sistemas
• S.A.
• LG CNS
• Q-Free ASA
• Thales Group
• ZTE Corporation
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Market Segmentation:
On The Basis Of Transportation Mode: - roadways and railways.
On The Basis Of Solution: - smart ticketing solution, parking management solution, passenger information solution, traffic management solution, integrated supervision solution, and insurance telematics solution.
On The Basis Of Service: - consulting services, deployment & integration services, and support & maintenance services.
On The Basis Of Geography, global smart transportation market report covers data points for 28 countries.
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Major Market Drivers & Restraints:
• Growing Urban Population
• Rising Demand of Integrated Security and Safety System for Enhancing Public Safety
• Growing Government Initiatives
• Growing Demand For Efficient Transportation
• Heavy Capital Investment
Company Share Analysis:
The report for smart transportation market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges.
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Data Bridge Market Research
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