Global Smart Transportation Market is expected to grow at a CAGR of 16.75% during the Forecast period (2016-2024)


Global Smart Transportation

April 5, 2018 /PRSubmissionSite/–According to Goldstein Research, high adoption rate of cloud based technologies along with advancements in transportation industry is fueling 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. Global Smart Transportation Market Outlook also includes product development, technological advancements and investment strategies adopted by major market players in order to expand their business across the globe.According to a survey conducted by Goldstein Research, 90% of the consumers enjoy internet connectivity while they are travelling.

Market Segmentation

On the basis of our in-depth analysis, global smart transportation market can be segmented as follows:

·        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) Smart Transportation Market {Market Share (%), Market Size(USD Billion)}

o   Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Smart Transportation Market {Market Share (%), Market Size(USD Billion)}

o   Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) Smart Transportation Market {Market Share (%), Market Size(USD Billion)}

o   Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Smart Transportation Market {Market Share (%), Market Size(USD Billion)}

o   Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Smart Transportation Market {Market Share (%), Market Size(USD Billion)}

“Global Smart Transportation Market Outlook 2024contains detailed overview of the global smart transportation market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by components typeand by applications.

Further, for the in-depth analysis, Global Smart Transportation Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Alstom, Cisco Systems, IBM Corporation, Cubic Corporation etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global smart transportation market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on Transportation reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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Global Smart Transportation Market is expected to grow at a CAGR of 16.75% during the Forecast period (2016-2024)


Summary

According to Goldstein Research, 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.

Source

Goldstein Research


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