India Smart transportation Market to Witness Astonishing Growth by 2029

India smart transportation market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising support from the governmental bodies for the deployment of advanced technologies for the traffic management. In June 2015, Government of India announced its flagship program ‘Smart Cities Mission’ that aims at the improving the infrastructure of the 100 cities of the country, transforming the mentioned cities into a sustainable and citizen-friendly city infrastructure. Transportation plays an imminent role in the smart city initiative, that devise the management and regulations of all problems associated with traffic and locomotion in the country. This, in turn, is leading to the growth of the smart transportation market in India. Moreover, the public-private partnership (PPP) model is assisting the growth of the market players operating in the smart transportation market in India.

The smart transportation market is classified on the basis of transportation mode and application. Based on transportation mode, the market is segmented into railways, airways, roadways, and maritime. Based on application, the market is segregated into ticketing management system, parking management system, traffic management system, and others. The smart transportation market will be driven by the roadway’s transportation. The roadway smart transportation market is estimated to project a considerable CAGR during the forecast period. This is due to the rising cross-border trade of the country with the neighboring economies, supported by the smart city initiative of India.

To Request a Sample of our Report on India Smart transportation Market:  https://www.omrglobal.com/request-sample/india-smart-transportation-market

India Smart transportation Market– Segmentation

By Transportation Mode

  • Railways
  • Roadways
  • Airways
  • Maritime

By Application

  • Ticketing Management System
  • Parking Management System
  • Traffic Management System
  • Others (Integrated Supervision System)

A full Report of India Smart transportation Market is Available @  https://www.omrglobal.com/industry-reports/india-smart-transportation-market

Company Profiles

  • Cisco Systems, Inc.
  • Hitachi, Ltd.
  • Huawei Technologies Co., Ltd.
  • IBM Corp.
  • Intel Corp.
  • Oracle Corp.
  • SAP SE
  • Siemens AG
  • Toshiba Corp.
  • VBSOFT Ltd.
  • Zero-Sum ITS Solutions India Pvt. Ltd.

Reasons to buy from us –

  1. We cover more than 15 major industries, further segmented into more than 90 sectors.
  2. More than 120 countries are for analysis.
  3. Over 100+ paid data sources mined for investigation.
  4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/india-smart-transportation-market

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404