The Smart Transportation Market size is expected to grow at an annual average of 7% during 2021-2027. Smart Transportation or Intelligent Transportation Systems (ITS) is an advanced transportation infrastructure that aims to provide innovative services to transportation and traffic management systems. This transport also allows different users to be better coordinated and better informed, and to use the transport network more securely and smarter. Smart traffic is applied to parking management and guidance, passenger information, and traffic management.
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The following segmentation are covered in this report:
By Solution
- Hybrid Ticketing Management System
- Parking Management & Guidance System
- Integrated Supervision System
- Traffic Management System
By Service
- Business
- Professional
- Cloud
Company Profile
- Accenture Plc
- Siemens
- IBM
- Cisco Systems
- GE Transportation
- Xerox Corporation
- Cubic Corporation
- Thales S.A.
- Kapsch AG
- Alstom SA
- LG CNS Corporation
- Indra Sistema S.A.
- Iteris Inc.
- TomTom NV
- Garmin International Inc.
- Q-Free ASA
The report covers the following objectives:
- Proliferation and maturation of trade in the global Smart Transportation Market
- The market share of the global Smart Transportation Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Smart Transportation Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Smart Transportation Market
Scope of the report
The research study analyses the Smart Transportation Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent developments
- Market overview and growth analysis
- Import and export overview
- Volume analysis
- Current market trends and future outlook
- Market opportunistic and attractive investment segment
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Geographic coverage
- North america market size and/or volume
- Latin america market size and/or volume
- Europe market size and/or volume
- Asia-pacific market size and/or volume
- Rest of the world market size and/or volume
Key Questions Answered by Smart Transportation Market Report
- What was the Smart Transportation Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
- What will be the CAGR of Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Smart Transportation Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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